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EXCLUSIVE Shearman & Sterling hikes NQ salary second time in a year to £145k

EXCLUSIVE Shearman & Sterling hikes NQ salary second time in a year to £145k
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Clifford Chance gives green light to 50% homeworking

On his days wfh, John still tried to replicate the public transport commute Clifford Chance has announced that its staff can work remotely for 50% of their time, after lockdown restrictions are eased. A Clifford Chance spokesman said the firm  will expect everyone to work from the office for a minimum of 50% of their time which will provide  the opportunity for staff to work remotely for up to 50% of their time, where the role allows it. CC joins fellow Magic Circle firms Linklaters and Freshfields in permitting staff to split their time 50/50 between the office and home. Allen & Overy announced that staff can work remotely for 40% of their time.

Mishcon votes to explore floating for £750m, will give shares to all staff

The next GameStop? (In a good way!) Mishcon de Reya s partners have voted to explore floating the firm on the London Stock Exchange later this year, with all staff set to receive shares in the business if the plan comes to fruition. It is predicted that Mishcon will become the most valuable listed law firm in the UK and reach as much as £750m if it does float, more than double the valuations of listed UK firms like DWF (circa £275m), RollOnFriday Firm of the Year 2021 Keystone Law (£210m), and almost-Golden Turd Knights (£350m). Mishcon partners voted last week to explore an initial public offering and have instructed JP Morgan to advise on the IPO.

Irwin Mitchell tells staff to work where they like as Slater and Gordon hides offices

I can t wait for the City to open up properly again - I need more workplace injury claims.   Irwin Mitchell is the latest firm to permit its staff to decide where, when and how they work, once the lockdown has lifted. The PI firm s Flexible by Choice scheme will allow its 3,000 staff to decide whether to work remotely full-time, or in the office, or opt for a hybrid, subject to their role and client work being completed effectively . All staff already have laptops and are equipped for flexible working options which have worked well throughout the pandemic, said the firm.

DAC Beachcroft staff can work where and when they like

A DACB lawyer makes his choice  DAC Beachcroft has announced that its staff in UK and Ireland can decide where, when and how they work, once the lockdown has lifted. Under the firm s  Flex Forward scheme, staff can decide whether to work remotely full-time, or in the office, or opt for a hybrid. The firm is also relaxing set core hours, to give staff flexibility to choose when they work.  If someone wants to start work early, carve out an hour to go to the gym and another hour to do the school pick-up, all while working from home, Flex Forward supports that, said the firm s Managing Partner David Pollitt.

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