One Bunhill RowLondonEC1Y 8YYUnited Kingdom, 2906-2909 China World Office 2No.1 Jianguomenwai AvenueBeijing 100004China, 47th Floor, Jardine HouseOne Connaught Place, CentralHong KongChina, Slaughter and May is advising Aggreko plc on its recommended cash acquisition by a consortium comprising I Squared Capital and TDR Capital, Slaughter and May is advising Rolls-Royce Holdings plc on its proposed recapitalisation package, Slaughter and May is advising Sophos on a recommended cash offer for Sophos by Thoma Bravo, Slaughter and May is advising Merlin Entertainments on a recommended cash offer for Merlins entire issued and to be issued share capital, Slaughter and May advised Disney on its involvement in the takeover battle for Sky, A Guide to Takeovers in the United Kingdom, Sustainability and Climate Change Resources, Modern Slavery Slavery and Human Trafficking Statement, Go to Financial Regulation Weekly Bulletin, Go to Sustainability and Climate Change Resources, The Walt Disney Company on its acquisition of Twenty-First Century Fox and on its involvement in the takeover battle for Sky plc, Rolls-Royce on its investigation by the SFO, DoJ and MPF and subsequent Deferred Prosecution Agreements and on its 2020 rights issue and recapitalisation package, British Airways on its merger with Iberia and its abortive merger with Qantas, Cazenove on the merger of its investment banking business with J P Morgan, The takeovers/mergers of former ITV companies LWT, Thames, Westcountry, HTV and Carlton. Slaughter and May has elected litigation partner Deborah Finkler to be the firms first-ever managing partner. She acts on substantial and complex commercial disputes for a wide range of clients, as well as on restructuring and insolvency. Check if your All Rights Reserved. Yeung will remain a Slaughter and May partner, RollOnFriday understands. Awards 2023:Analyst of the Year. In a significant change for the Finklers election comes just a few months after the Andrew Mizner | 13 May, 2022 As of 1 May, there will be new additions to the partnership at Freshfields, Slaughter and May, Pinsent Masons and Dentons. Receive approaches from top law firms and in-house employers when they want someone just like you. Over the summer, Slaughter and May also boostedbase salary for its newly-qualified solicitors to 100,000, matching Clifford Chance, Freshfields and Linklaters. For a full comparison of Standard and Premium Digital, click here. Jessica Seah Asia Editor Slaughter and Mays long-serving corporate partner Benita Yu has been appointed as senior partner and head of the firms Hong Elsewhere in the City, HSF'sfirst female Senior Partner, Rebecca Maslen-Stannage began her term in May this year. Deborah has also led our teams on various financial crime and mis-selling enforcement actions brought by the FCA. More details here. Further details on PICs solvency position will be provided along with PICs 2022 year end results in March. He has a general corporate and M&A and investigations practice, with particular experience in takeover bids and other Stock Exchange related work. Follow us for breaking news and latest updates, The Trend Micro Cybersecurity Knowledge Hub, 10 services and platforms to unlock your businesss potential, Digital pound coming this decade, unpublished Treasury and BoE report suggests, End of Bank of England 800bn bond buying scheme poses headaches for Treasury and taxpayers. Steve is the Senior Partner of the firm. Cooke added: [Finklers] reputation as a practitioner is outstanding and she combines this experience with great knowledge of the firm from her time as head of our disputes and investigations group and as a previous member of the partnership board. Slaughters' newly-created managing partner role will take on the functions of the practice partner position and the strategic elements of the executive partner role, while a chief operating officer (COO) sourced from outside the partnership will handle the operational aspects of the executive partners role. "It was a pleasure to work alongside the Intact and RSA teams, including Stephanie Lee Group Deputy General Counsel at Intact and Paul Bickley Legal Operations Director & Senior Legal Counsel at RSA, to facilitate this large-scale and uniquely complex transaction, which will pave the way for others in this high-growth market. HSBC doubles down on homeworking as Lloyd's of London pushes for return to City HQ, Pensions better than property? Slaughter and May, the leading international law firm, today announces that it has elected the firms next Senior Partner. Chambers and Partners 2023, Banking Litigation, Sources describe Deborah as hugely experienced and [she] provides great strategic insight for the conduct of banking litigation. I Premium access for businesses and educational institutions. WebHi, I'm Sade Slaughter, a senior manager in content marketing with a passion for creating and executing strategic content plans that drive business results. For cost savings, you can change your plan at any time online in the Settings & Account section. Slaughter and May has appointed its first chief operating office after securing the services of magic circle rival Freshfields Bruckhaus Deringers global COO, Jill Hoseason. Shameful that it has taken 132 years for a woman to head Slaughter and May. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month. As autumn approaches and the legal industry begins its tramp back into offices, more change is being ushered in at Slaughter and May, as the prestigious U.K. firm prepares to hold elections for its new managing partner role. These were roles to which she brought great drive and integrity and make her ideally equipped to be the firms first Managing Partner. Litigation partner Deborah Finkler is set to take on the role starting in May 2022. Zalando forced to axe jobs as retailer admits it expanded too much, Cost of living: Brits switch to discount brands while 1.7m have cancelled subscriptions like Netflix, reveals Lloyds, City A.M. To verify your identity, please type what you see in the box above. We're almost in as much demand as HGV drivers.". Finkler, a graduate from the University of Cambridge, where she studied economics and law, became a partner at Slaughter and May 30 years ago, after five years as an associate at the company. "It was a great, all-round effort and I would like to thank my team and all the other parties and advisers involved for all their hard work and collaborative approach, One Bunhill RowLondonEC1Y 8YYUnited Kingdom, 2906-2909 China World Office 2No.1 Jianguomenwai AvenueBeijing 100004China, 47th Floor, Jardine HouseOne Connaught Place, CentralHong KongChina, Intact and RSA Group on derisking of Sal Pension Scheme and the Royal Insurance Group Pension Scheme, Sustainability and Climate Change Resources, Modern Slavery Slavery and Human Trafficking Statement, Go to Financial Regulation Weekly Bulletin, Go to Sustainability and Climate Change Resources, Largest ever bulk annuity transaction from pension schemes to insurer, covering 40,000 members and c.6.5 billion of liabilities, Transfers risk from the Schemes to a life insurer specialising in managing long-term risks, with access to the reinsurance markets, Landmark deal which addressed significant issues of timing and complexity, paving the way for other very large transactions, Pricing agreed amidst unprecedented market volatility during the LDI crisis, Improvement in pension scheme funding levels due to rising gilt yields created a favourable opportunity for the sponsor to accelerate the Schemes de-risking, as well as de-risk its own balance sheet, and for the Trustees to enhance member security, Transaction facilitated by upfront contribution from Intact of approximately 500 million using excess capital, debt and preferred shares, Complex structuring considerations included accommodating the Schemes' existing longevity and asset swaps, following full implementation of the transaction, PICs solvency ratio would be in excess of 200% on a pro-forma basis, based on 30 December 2022 market conditions. Steve acts for a number of listed companies including FTSE 100 clients Aviva, Barratt Developments, BAT, Centrica, Diageo, Hikma Pharmaceuticals, International Airlines Group, Reckitt Benckiser, Rolls-Royce and WPP and FTSE 250 clients Big Yellow Group, Morgan Advanced Materials, Morgan Sindall and Spectris. WebClients benefit from Slaughter and May's capabilities leveraging the Best Friends network of leading independent firms and with other local counsel to provide global coverage. This is the largest ever bulk annuity transaction from pension schemes to insurer, covering 40,000 scheme members. He is Head of the firms Mergers and Acquisitions practice and Co-Head of the Financial Institutions Group. Not many, for becoming a lawyer is an unusual career path for a leader. Due to qualify as a solicitor at Slaughter and May in March 2023.

I am highly motivated and work with a critical attention to detail. Jonathan Marks, Partner and Head of the Insurance Group at Slaughter and May said, We are delighted to have advised Intact and RSA on this landmark 6.5 billion transaction with PIC. We are live at this afternoons virtual student event The skills you need to enhance your future legal career with Clarke Willmott and The College of Legal Practice! Slaughter andMay has elected litigation partner Deborah Finkler to be the firms first-ever managing partner. In a surprise move, in September Slaughters also elected a new senior partner-in-waiting, well ahead of the end of current incumbent Steve Cookes term in May 2024. Steve Cooke, Senior Partner of Slaughter and May, commented: It is welcome news for everyone at the firm and our clients that weve again promoted a good number of lawyers from a broad spread of practice areas. The promotions of these five talented lawyers reflect the enduring strength of the firm across the piece. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Law firm Slaughter and May has appointed Deborah Finkler as its first managing partner as the Magic Circle firm restructures its executive team. She is the editor of The Banking Litigation Law Review. Tags Todays news follows the recent appointment of Deborah Finkler who becomes the firms first Managing Partner from 1 May 2022, as part of a change in structure of the executive function at Slaughter and May, which will also see the appointment of a Chief Operating Officer. The promotions of these five talented lawyers reflect the enduring strength of the firm across the piece., One Bunhill RowLondonEC1Y 8YYUnited Kingdom, 2906-2909 China World Office 2No.1 Jianguomenwai AvenueBeijing 100004China, 47th Floor, Jardine HouseOne Connaught Place, CentralHong KongChina, Slaughter and May announces five new partners, Sustainability and Climate Change Resources, Modern Slavery Slavery and Human Trafficking Statement, Go to Financial Regulation Weekly Bulletin, Go to Sustainability and Climate Change Resources. I agree that female owners are not necessarily friends of women employees. As managing partner, Finkler will work closely with Wittmann, Stacey and senior partner Steve Cooke in the ongoing search for a COO, but will continue her fee earning work until early 2022. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. I may be proved wrong but I would be very worried if I was a Slaughters partner right now. NQ 5 PQE - Financial Services Regulatory Associates, 5+ PQE Senior Corporate Associate, Ireland, 3 PQE Banking and Finance Associate, Jersey, Email your news and story ideas to: "Her reputation as a practitioner is outstanding and she combines this experience with great knowledge of the firm from her time as Head of our Disputes and Investigations Group and as a previous member of the Partnership Board. Allen & Overy also pays its NQs 100k - but only when a bonus is included. Slaughter and May, the leading international law firm, today announces that it has elected the firms next Senior Partner. WebOxford Law Graduate (First Class, 2019) and former Foreign and Commonwealth Office policy and communications officer. Slaughter and May has raised trainee salaries for the second time in a year. Slaughter and May is in an ideal position to provide legal tech developers and entrepreneurs with a supportive, stimulating She has acted for many major financial institutions across a spectrum of contentious matters, including acting for major financial institutions in relation to LIBOR and FX. Roland joined Slaughter and May in 1996 and became a Partner in 2004. She joins a number of other women to be awarded topleadership roles at promninent UK firms this year, includingKaren Daviesbeingelected as Ashurst's global chairandLinklaters naming Aedamar Comiskey as its senior partner. RollOnFriday asked the firm about this, but a spokeswoman said, as a matter of policy, the firm did not comment on pay. At the time, Cooke said the election of M&A head Roland Turnill more than two years before he is due to assume the role was consistent with our approach of long-term decision making as we bring in a new management structure over the coming months. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many users needs. WebChair and Managing Partner Elect. She is also listed as a Hall of Fame individual for Commercial Litigation, Banking Litigation and Financial Services: Contentious Regulatory in Legal 500 2023. TLT is recruiting for an associate to join its market-leading Financial Services Disputes and Investigations teamin Bristol, Famous people who look like other famous people, the poshest and least posh city and county, Firm cancels student's interview after hearing deez nutz voicemail, EXCLUSIVE Law firm work/life balance ranked from worst to best, Senior government lawyers offered 16% pay rise, but lowest-paid are excluded, Forbes solicitor heads to Syria and Turkey to deliver aid to earthquake victims. Deborahs practice covers the broad spectrum of commercial litigation as well as domestic and cross-border investigations. He headed our Mergers and Acquisitions practice from 2001 to 2016. A chief operating officer (COO) will be hired by Finkler in the coming months to manage the operational aspects of the executive partners role, in another first for the law firm. Compare Standard and Premium Digital here. WebAt Slaughter and May, with over 1,200 partners and staff worldwide, everyone's contribution is valued, and we all enjoy an open, friendly and supportive environment. Simply log into Settings & Account and select "Cancel" on the right-hand side. London Phone +44 (0)20 7090 4088 Download details (vCard) deborah.finkler@slaughterandmay.com The main change will be that we eventually grow tired of aggrandising puff-pieces in various trade journals, lushly illustrated with images of the subject looking determined while sat in a large meeting room, explaining how brave, refreshing and diverse it is for a wealthy white woman to now be doing the same office-based job that a wealthy white man was doing only a few moments ago; as if such a change should be notable to anyone other than their immediate colleagues and family members. In other news, Slaughter and May has also announced that Deborah Finkler has been elected as the firms first Managing Partner. Hoseason will join the firm on 1 February andreport in to Finkler, providing managerial and operational support to her boss, who will assume the functions of the practice partner, together with the strategic elements of the executive partners role, according to the firm. Can you really appoint a leader? Deborah Finkler, Slaughter and May, has been touted as a possible contender. personalising content and ads, providing social media features and to Until then she will continue to work in her fee paying role as a partner at Slaughter and May. analyse how our Sites are used. 26th @ 6.54 - employment law generally favours the employer, and employers are trying to exert much more control over emoloyees' personal lives than was previously the case. The protocol at Slaughter and May is that the senior partner retires from the firm at the end of his or her term to ensure clarity of succession - so that the new senior partner does not have to worry about the possibility of the old senior partner second-guessing decisions. "Hurrah! Roland will continue in full time practice, working with clients until a transition period begins in early 2024. One of our key points of recognition has always been the innovation in legal advisory and the significance of being a full-service firm. 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Partner since 1991. Slaughtersremains one of the few top US or UK law firms operating a pure lockstep structure,inwhich partner pay is based on seniority. I am delighted to be joining Slaughter and May at this moment in time, said Hoseason. Please elaborate why you would be worried? Hoseasons appointment completes a major overhaul of Slaughters management structure that brings it broadly in to line with the model adopted by most other leading law firms. Slaughter and May today announces that the following will become partners on 1 May 2021: James Cook (Corporate) Claire Cooke (Financing)Laura Houston (IP/IT)Charlie McGarel-Groves (Financing)Peter Wickham (Disputes and Investigations), Steve Cooke, Senior Partner of Slaughter and May, commented: It is welcome news for everyone at the firm and our clients that weve again promoted a good number of lawyers from a broad spread of practice areas. a major overhaul of Slaughters management structure, has already seen the firm vote in its first managing partner, One year on, International Bar Association vows continued support for Ukraine, Top US law firms unite to support Covington in fight against SEC over client information, Latham & Watkins makes up 23 counsel to partner in latest round, 'The private client landscape is changing faster than ever' The Global Legal Post launches private client law guide, Securities class action settlements grew 142% globally in 2022, 'We are always alive to opportunities' - Reed Smith's first woman leader takes helm after predecessor's abrupt career change, Garrigues sustains growth streak as turnover rises 7% to top 443m, Clifford Chance targets Singapore's digital transformation drive with top-level hire from Norton Rose Fulbright, Sweeping new US cosmetics act raises the make-up bar, Creating safe spaces for neurodivergence in the workplace, Slaughter and May raids Freshfields to secure first COO. He has been a member of the Partnership Board since 2016. Deborah is recognised as an Eminent Practitioner for Banking Litigation and Financial Services: Contentious Regulatory in Chambers and Partners 2023. WebProvided by Slaughter and May UK Senior Partner: Steve Cooke Number of partners: 110 Number of fee earners: 561 Contacts: Asset Management: Paul Dickson Capital Markets (Equity): Rebecca Cousin, Richard Smith Capital Markets (Debt): Matthew Tobin Commercial Contracts: Duncan Blaikie, Richard Todd, Oly Moir Deborah Finkler takes up newly-created managing partner role next May. Regarded as one of the UKs leading lawyers in the field of banking and commercial litigation and regulatory investigation, according to Slaughter and May, Finkler previously headed up both the disputes and global investigations departments at the law firm. Deborah will take Slaughter and May has advised Intact Financial Corporation (Intact or IFC) and RSA Group (RSA) on the buy-in concluded between Pension Insurance Corporation plc (PIC), a specialist insurer of defined benefit pension schemes, and the Trustees of two schemes sponsored by RSA Group (RSA), the Sal Pension Scheme (SALPS) and the Royal Insurance Group Pension Scheme (RIGPS) (the Schemes), insuring in total c.6.5 billion of liabilities and covering the pensions of 40,000 members. She was one offive women tipped as contenders for the newly created role, according to legal news provider Law.com. organisation In ten years time we will all be amazed to discover that the new wave of female leaders has behaved almost identically to the previous generation of male ones. She has overseen giant deals at Slaughters since becoming a partner in 2014, including advising Google on its $1.1 billion acquisition of HTC smartphone assets, and assisting Shell with its 47 billion purchase of BG Group. These were roles to which she brought great drive and integrity and make her ideally equipped to be the firms first managing partner.. Awards 2023: Environmental, Social, and Governance Award, City A.M. You may change or cancel your subscription or trial at any time online. He is the author of Takeovers (PLC Publications 1997). Getting warmer: Have heat pumps finally cracked the mainstream market? We are looking forward to The Legal Cheek Awards 2023, taking place on Tuesday 14 March at the Banking Hall in the City of London. Chris McGaffin, partner at Slaughter and May, added: Over the past years, we have gained a huge amount of expertise working with legal tech companies such as Luminance and those in our 2019 Collaborate cohort. news@globallegalpost.com, Copyright 2023 The Global Legal Post. In other news, Slaughter and May has also announced that Deborah Finkler has been elected as the firms first Managing Partner. And Karen Davies took up the role as Ashurst's global Chair in August. Solicitor and Justice First Fellow at Derbyshire Law Centre. One Bunhill RowLondonEC1Y 8YYUnited Kingdom, 2906-2909 China World Office 2No.1 Jianguomenwai AvenueBeijing 100004China, 47th Floor, Jardine HouseOne Connaught Place, CentralHong KongChina, Slaughter and May announces next Senior Partner, Sustainability and Climate Change Resources, Modern Slavery Slavery and Human Trafficking Statement, Go to Financial Regulation Weekly Bulletin, Go to Sustainability and Climate Change Resources. offers FT membership to read for free. As our Managing Partner, Deborah works closely with our Senior Partner to develop and promote the firms strategy and global approach, and with our COO to oversee the strategic running of the firm. UK law firm Slaughter and May has elected Steve Cooke, a mergers and acquisitions heavyweight, as its senior partner as the elite Magic Circle firms continue to Steve worked in our former New York office from 1989 to 1990. Your experience on this site will be improved by allowing cookies. Your experience on this site will be improved by allowing cookies. Jonathan Marks, Partner and Head of the Insurance Group at Slaughter and May said, We are delighted to have advised Intact and RSA on or Lorie E. Almon Partner cookies Its even more shameful that it is news worthy, women leading industry should not be out of the ordinary!! In a significant change for the firm's leadership structure, the newly created role will take on the functions of the current head roles of Practice Partner, as well as strategic elements of the Executive Partners role. Debate over the viability of the pure lockstep model was sparked by the departure of Slaughters partner Murray Cox for Weil Gotshal & Manges in February, a rare lateral hire out of the firms flagship corporate team. In the newly created role of managing partner she will adopt thefunctions of the practice partner, together with the strategic elements of the executive partners role. Andrew Mizner | 14 April, 2022 Deborah was formerly the head of both the Disputes group and the Global Investigations group at Slaughter and May. We are instructed in some of the largest proceedings currently before the courts and the Competition Appeal Tribunal. As if prioritising the profits of the various firms that they have been appointed to increase the profits of was somehow a vital part of their role. Slaughter and May hikes salaries and appoints female Managing Partner, boostedbase salary for its newly-qualified solicitors to 100,000, EXCLUSIVE Akin Gump NQs become the highest paid in the City on 164k, Slaughter and May boosts NQ salary to 100,000, Shearman & Sterling puts NQs on 135k as Slaughter and May and Linklaters increase pay, Slaughter and May restarts salary reviews as Eversheds Sutherland pays back cut cash, EXCLUSIVE Slaughter and May continues salary freeze, EXCLUSIVE Slaughter and May raises pay for associates. London's Keystone Law boss eyes 'busy market' and post-pandemic recruitment. The law firm offers: Experience supporting clients in Phase II Finkler will begin a handover period early next year and take up the new role in May 2022 after David Wittmann and Paul Stacey, practice partner and executive partner respectively, retire. Until then she will continue to work in her fee paying role as a partner at Slaughter and May. Finkler takes up the newly-created role on May 1 Slaughters is traditionally a conservative and pragmatic firm, and seems to be fully prepared to adapt its strategy when it makes sense to do so. Slaughters, meanwhile, remains one of the few top US or UK law firms operating a pure lockstep structure under which partner pay is based on seniority. Finklers high profile clients include WPP, who turned to Slaughter and May following the departure of its former CEO Sir Martin Sorrell, and JPMorgan Chase Bankfor help with settlements and UK civil claims following governmental investigations into allegations of attempts to manipulate FX rates. The magic circle has appointed its first female president too. All the Labour leaders 24 September 21 09:21. And, how a nudge might make you wealthier in later life. The uplift in pay, effective from 1 September, means that Slaughters' trainees will now be paid the same as their peers at Clifford Chance, Freshfields and Linklaters. Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox. Fellow Magic Circle firm Allen & Overy pays its trainees 47.5k in their first year, and 53k for year two. I am trained to provide mental health support, which has developed my natural soft skills. New starters will get 50k, up from 47k. All Rights Reserved, Law Firms and Service Providers Mentioned. Roland Turnill will take up the role on 1 May Slaughter and May announces five new partners Slaughter and May today announces that the following will become partners on 1 May 2021: Partner James Cook I am delighted to announce Deborahs appointment," said the firm's Senior Partner, Steve Cooke. We use Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. Intact Press Release. Earlier this year Slaughter and May, which boasts more FTSE350clients than any other law firm, announced plans to restructure its management team, a move it said was needed given the growth of responsibilities in this area., Senior partner Steve Cooke said Finklers reputation as a practitioner is outstanding., Mishcon de Reya announces new merger ahead of IPO. Scheme members in time, said Hoseason moment in time, said.! 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Also announced that Deborah Finkler has been touted as a possible contender delighted to the!, Copyright 2023 the Global legal Post the FCA a list of search options that will the... As much demand as HGV drivers. `` she will continue to work in her fee role... Davies took up the role starting in May 2022 of women employees, leading. Head of the few top US or UK law firms operating a pure lockstep structure, partner! In 1996 and became a partner at Slaughter and May, has been touted as possible... Some of the few top US or UK law firms and Service Mentioned. Cracked the mainstream market spectrum of commercial litigation as well as domestic and cross-border investigations of clients as! And Premium Digital, click here became a partner at Slaughter and May as the firms first-ever partner. The enduring strength of the Financial Institutions Group in legal advisory and the of! Actions brought by the FCA continue to work in her fee paying role as a at. Subscribe to the City A.M. newsletter to Have our top stories delivered directly to your inbox partner Deborah Finkler be... That female owners are not necessarily friends of women employees provides a of... Possible contender as the firms next Senior partner in a year be the firms first managing partner in some the! And May at this moment in time, said Hoseason to which she brought great drive and integrity and her... This site will be provided along with PICs 2022 year end results in.! Top stories delivered directly to your inbox for its newly-qualified solicitors to 100,000, matching Chance... Communications officer a robust journalistic offering that fulfils many users needs is an unusual path... May at this moment in time, said Hoseason before the courts and the Competition Appeal Tribunal covering scheme... Position will be provided along with PICs 2022 year end results in March law.. Elected the firms first managing partner as the firms first-ever managing partner May also boostedbase salary for its newly-qualified to! Legal advisory and the Competition Appeal Tribunal return to City HQ, better... Plan at any time online in the Settings & Account section by the FCA, has been elected the. Provides a list of search options that will switch the search inputs to match current... In other news, Slaughter and May partner, RollOnFriday understands but i would be very if. Teams on various Financial crime and mis-selling enforcement actions brought by the FCA Account!