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...King Charles used to regularly play for the club’s polo team and the late Queen Mother was reported to enjoy frequenting the elegant townhouse on Clifford Street, next to Savile Row....
...“The time of firms planting flags on the map is over,” says Tony Williams, principal at Jomati Consultants and managing partner of leading UK law firm Clifford Chance in the late 1990s....
...Earlier in the week, it emerged the firm was losing star finance partners Korey Fevzi and Philip Stopford who are joining Cravath, Swaine & Moore....
...He was bold enough to buy and remodel its current Clifford Street building during the recessionary years of the early 1990s. He has a theory for his firm’s survival: “We are relentless....
...The head of one top Wall Street law firm admits that the recruitment of Klingsberg by Freshfields, along with other signature hires such as Damien Zoubek, a leading M&A lawyer from Cravath, Swaine & Moore...
...In the past year, NatWest and Clifford Chance have both expanded their benefits to include the treatment....
...But an announcement from New York’s Cravath, Swaine & Moore shows that this time is different. The firm originated the model almost 50 years ago....
...Two other magic circle firms, Allen & Overy and Freshfields Bruckhaus Deringer, moved to more flexible pay models last year, while Clifford Chance was reported to have taken a similar action in July....
...Matt Dunn, who was previously a partner at Clifford Chance, is returning to the firm’s global leveraged finance team after leaving Arthur Cox....
...She joins from Cravath, Swaine & Moore. Gonzalo Ardura has been promoted to head of investment banking for Spain at Barclays, where he has been a managing director since 2018....
...It was started by New York-based firm Cravath, Swaine & Moore and continued by the likes of Kirkland & Ellis amid the buyout boom. Junior lawyers in London are the beneficiaries....
...A freshly-qualified lawyer at London-based Clifford Chance will now earn £107,500 after a pay rise in October, matching rivals at Linklaters....
...At the end of last year firms including Cravath, Swaine & Moore as well as international firms such as Clifford Chance announced bonuses of up to $100,000 for junior staff following intense work rates during...
...In November and December, UK “magic circle” firms including Allen & Overy, Linklaters and Clifford Chance said they would pay bonuses at the same level to their US-based lawyers....
...Linklaters’ managing partner Gideon Moore said that “in certain aspects the world stopped and took stock”. Mid-tier firms reported bigger hits in their annual figures to April....
...Lockstep compensation, which ties pay to time served, was devised by the revered US firm Cravath, Swaine & Moore in the 19th century....
...Clifford Chance and Freshfields are still looking strong. Clifford Chance posted its best-ever results, with a 6 per cent rise in revenue to £1.8bn....
...“If the game is to survive on reduced revenues, you’re going to need to defer all the costs you can,” said Dan Neidle, London head of tax at Clifford Chance, a law firm....
...“The UK has to create a lithium-ion battery-based economy or it will fall behind,” says Simon Moores, managing director of consultancy Benchmark Minerals....
...“Clients have been clear that they don’t want to pay for the increases,” said Mr Moore....
...Clifford Tibber, a partner at Anthony Gold Solicitors who has represented victims of failed property schemes, said the government should do more to regulate the purchase of new-build properties, especially...
...“HMRC will now effectively treat these businesses as ‘guilty until proven innocent’,” said Ken Almand, a partner at the accountancy firm Moore Stephens....
...In recent years it has lured partners from the venerable US firm Cravath, Swaine & Moore as well as the likes of Simpson Thacher, Skadden and Weil, Gotshal & Manges....
...On Friday Clifford Chance said that it would match the Cravath scale — though only for US-based associates....
...The first tranche was unveiled this week at the firm’s Clifford Street gallery during this year’s Asian Art in London event, with a second sale, of equal quality and value, scheduled for next year....
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