International firm Eversheds Sutherland has elected its biggest round of partners since its merger in 2017 despite the ‘uniquely challenging global environment’, with almost half of the promotions going to women.Of the 38 new partners announced today – up from 27 last year –18 are women and nine are based in the UK. Eversheds Sutherland said the figures are in line with its goal to achieve 30% female representation at partner level by 2021. Two of the new UK partners are minority ethnic which supports the target of achieving 10% of UK partners of ethnicity by 2025, the firm said. Lee Ranson, chief executive, said: ‘We are currently operating in a uniquely challenging global environment, but I know that our 2020 cohort will continue to deliver excellence in client service as they take this significant step in their careers.’Earlier this month, Eversheds Sutherland furloughed employees who are unable to work remotely and delayed bonuses and pay rises. It said partner distributions are also likely to be deferred.Linklaters, CMS and Herbert Smith Freehills have also announced strong partner promotion rounds despite the pandemic.
The top United Nations official for Somalia has welcomed the country’s recent adoption of a federal budget as a major milestone in its economic development.The Horn of African nation’s move brings it one step closer to gaining access to funds from international financial institutions.The International Monetary Fund says Somalia owes US$5.2 B to its international creditors.The Somali parliament approved a 2018 budget last week, and the US$274 M package is a significant step towards meeting the fiscal reform requirements of the IMF’s ‘Staff Monitored Program’ for country.The SMP is designed to foster economic reconstruction efforts and enable countries to establish a track record of policy and reform implementation.Somalia had already completed its first SMP in 2016-2017.The country has been beset by a jihadist insurgency for the better part of a decade, crippling its development agenda, and forcing the government to focus almost entirely on security operations at the expense of other agenda.Current President Mohamed Abdulahi ‘Farmajo’ has however vowed to crash the al-Shabaab group that has been behind the Islamist attacks in the country.
Related Topics2019 Cleveland BrownsBaltimore RavensfeaturedNick ChubbOffensive Player of the WeekPeyton Hillis It took a few weeks Browns head coach Freddie Kitchens to really utilize his young running back Nick Chubb but once he did in Week Four the payoff was huge.Chubb racked up 165 yards rushing and a career-high three touchdowns on 20 carries in Cleveland’s 40-25 win over the Ravens on Sunday. The performance earned him AFC Offensive Player of the Week honors as the NFL announced on Wednesday. It’s the second-year running back’s first time earning such recognition.The majority of Chubb’s yardage came on an 88-yard touchdown run in the fourth quarter. That particular TD was the second-longest TD run of the 23-year-old’s career, behind his 92-yard score against the Raiders last season. Both those runs are the first and third longest in franchise history.Chubb also became the first Browns running back to score three touchdowns in single game since former Madden Cover man Peyton Hillis did it in a 24-23 win over the Panthers on Nov. 28, 2010. Spencer German