Spin currents have an important role in many proposed spintronic devices, as they govern the switching process of magnetic bits in random access memories or drive domain wall motion in magnetic shift registers. The generation of these spin currents has to be fast and energy efficient for realization of these envisioned devices. Recently it has been shown that femtosecond pulsed-laser excitation of thin magnetic films creates intense and ultrafast spin currents. Here we utilize this method to change the orientation of the magnetization in a magnetic bilayer by spin-transfer torque on sub-picosecond timescales. By analysing the dynamics of the magnetic bilayer after laser excitation, the rich physics governing ultrafast spin-transfer torque are elucidated opening up new pathways to ultrafast magnetization reversal, but also providing a new method to quantify optically induced spin currents generated on femtosecond timescales.

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In order to explain a number of recent experimental observations of laser-induced femtosecond demagnetization in the large fluence limit, we discuss the consequences of a recently proposed nonlocal approach. A microscopic description of spin flip scattering is implemented in an effective three temperature model, including electronic heat diffusion. Effects of finite film thickness on the demagnetization transients are discussed. Our results show a clear saturation of the ultrafast demagnetization, in excellent agreement with experimental observations.