The landid gentry

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Retention rates high at magic circle firms

first_imgTwo magic circle firms revealed higher autumn retention rates in a week of upbeat City announcements.Slaughter and May is taking on 37 of its 40 trainees (92.5%), up on last year’s figure of 86%. Some 39 trainees put themselves forward, one was rejected and one chose not accept an offer.Linklaters is taking on 49 of 54 trainees qualifying this autumn, a retention rate of 91%. This is significantly higher than last year, when 73% of trainees went on to become newly qualified associates. From the qualifying cohort, four trainees resigned and one was rejected.Richard Hodgson, trainee development partner at Linklaters, said: ‘We are pleased once again to retain a high number of quality lawyers from our September qualifiers. Attracting, developing and retaining the best people is crucial to our success.’Allen & Overy, Clifford Chance and Freshfields Bruckhaus Deringer are yet to report.This season’s high retention rate coincides with a bullish set of financial results. National firm Shoosmiths announced a rise in net profit and profit per equity partner (PEP) last week, despite a ‘challenging’ market. In the financial year 2018/19, net profit grew by 6% to £37.9m and PEP 2% to £441,000. Revenue was £137.6m, a 7% increase.Meanwhile, the listed Gordon Dadds Group reported increases in profits and revenue. For the 12 months to 31 March, Gordon Dadds saw revenue rise 69% to £52.6m and adjusted profit before tax climb 141% to £5.9m. However, the company spent £14.3m on its acquisition of international firm Ince & Co. It now has net borrowings of £2.9m, compared with net cash of £8.4m the previous year.last_img read more

Independent investigatory body may be difficult, says AG

first_img Share Attorney General, Levi Peter (file photo)In light of suggestions from the public that an independent investigatory body may lead to greater transparency, Attorney General Levi Peter has questioned whether this is possible for a small island like Dominica. There have been questions by members of the public as to why an independent body was not sought out to lead investigation into Joshua Etienne’s death since he died while in custody of police officers.“It’s easy to say that it should have an independent body but if you just think about it for a moment, an independent body to investigate murder, which is the most serious crime that we have in our statute, would need independent people with investigatory expertise and most jobs do not necessarily give you that training.”He explained that the United Kingdom, which is a much bigger jurisdiction, has an Independent Complaints Authority but one will find that it was not too long ago that it was formed.“I am not saying that the idea of having an independent body to investigate is a bad idea, what I’m saying is that in practical terms, it may be very difficult for an individual of a small state such as ourselves to be able to do that in a way that actually would provide the improvements that one would be seeking to get,” Mr Peter added.He inquired, “When was the last time we had a death in custody” adding that “It may well turn out that when the review of this particular matter is done at some later stage, that that may be a lesson that’s learned”.Moreover, Mr Peter said that consideration of bringing in an investigator from out of Dominica would be more appropriate upon conclusion that there are areas of short fall after reviewing how the case is conducted, its outcome and the evidence presented.“It may very well be that when we get to know what the evidence is that we are satisfied that even if you had an outside investigator he or she would not have come up with any more evidence or any better evidence than our investigator has provided.”He said if the outcome is the same as having an outside investigator then this type of intervention becomes “almost negligible”.“So I’d rather wait and make that decision,” the Attorney General said. Dominica Vibes News Share Sharing is caring! Tweetcenter_img 85 Views   no discussions LocalNews Independent investigatory body may be difficult, says AG by: – August 23, 2014 Sharelast_img read more

State Should “Dip into the Rainy Day Fund”: Oil Execs

first_imgHomer’s Representative Paul Seaton was there asking industry representatives for help in designing “thoughtful” cuts to the program. Walsh: “I’d like to think that we could assume that the tax structure is going to be stable. What we heard yesterday from the producers is they’re in the middle of these projects they have funded and sanctioned within their companies based on the tax structure that’s in place right now. If you change that right now, that blows them out of the water and it gives the state of Alaska such poor credibility.” FacebookTwitterEmailPrintFriendly分享Colorful debate over the state’s oil and gas tax credits system was held today in the House Resources Committee… Tom Walsh of Petrotechnical Resources of Alaska petitioned the Committee for “stability” in Alaska’s taxes…center_img Walsh accused the state of taxing oil companies when prices are high and taxing again when prices drop. Rep. Josephson: “Since I sat down this afternoon in this chair, my state has bled half a million dollars in red ink.Alliance: “Be sure that industry has weathered this storm before and knows how to batten down the hatches until oil prices recover. The state can sink the ship by overtaxing.Rep. Seaton: “Sounds like the recommendation is that you’re going to cut costs, you’re going to do those things, but the state should not, the state should continue to give, last year it was $628 million of refundable tax credits to the oil industry.”last_img read more

European newspaper hails Tottenham player for putting Spurs ‘interests ahead of…

first_imgThe 34-year-old has scored two goals in the European competition, the first one came against Borussia Dortmund in the knockout stages and the other was against Manchester City earlier this week.His goal at the Etihad proved to be the difference between Pep Guardiola’s side and the north London club as the latter progressed to the semi-final of the Champions League.Llorente’s starts in the league came when Harry Kane was sidelined with injury, but that hasn’t stopped him working hard to help his team, whenever they need his services.Friday’s edition of Catalan newspaper Mundo Deportivo is in full praise of the Spaniard as they claim Llorente to be a ‘discreet person’ who has always put Spurs’ ‘interests ahead of his’.The frontman had ‘several interesting proposals’ to leave Spurs in January, but Kane’s injury opened the door for him to play regular football.Mundo says the job Llorente does may not be as visible as done by others and it looks like the European newspaper are unhappy with the lack of recognition for Llorente, despite his crucial role in the side.His goal against City side helped Tottenham create history at the Etihad as Tottenham progressed to the Champions League semi-final, where they face Ajax.With Kane suffering another injury, Llorente may have another important role to play and if he does manage to score another winner to help Spurs make it to the final, then he’ll certainly get the recognition he deserves.by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksTrending TodayForge of Empires – Free Online GameIf You Like to Play, this City-Building Game is a Must-Have. No Install.Forge of Empires – Free Online GameUndoRaid: Shadow Legends | Free DownloadEven Non-Gamers Are Obsessed With This RPG Game (It’s Worth Installing!)Raid: Shadow Legends | Free DownloadUndoDating.comWhere do attractive singles meet in Tung Chung?Dating.comUndoPerfect-Dating.comReveal Tung Chung As The Best City to Date for Love & RomancePerfect-Dating.comUndoKeto减肥1個簡單的妙招一夜「融化」腹部贅肉(今晚試試)Keto减肥UndoStanChart by CNBC CatalystWill Blockchain Reduce the Global Trade Finance Gap to Reach the UN’s Sustainable Development Goals?StanChart by CNBC CatalystUndo熱門話題小心會長過頭…網友推爆:「真的長得超誇張!」熱門話題UndoSingles50Hong Kong: A 40+ Dating Site That Actually Works!Singles50UndoCoworking Space | Search AdsThe cost of shared office in Hong Kong might surprise youCoworking Space | Search AdsUndo Fernando Llorente has made only four league starts for Tottenham Hotspur in the Premier League, while he is yet to start for his side in the Champions League this season.last_img read more