13 December 2010
There is something that seems ill-fated about Allen & Overy’s (A&O) foray into the derivatives services sector.
Ashurst, SJ Berwin and Travers Smith secured the key mandates on the spinning off of Candover Investments’ private equity investment management division Candover Partners Ltd (CPL) and the subsequent investment into the new vehicle by private equity fund Pantheon.
If you’d said in 2007 that local authority legal directors would emerge as the profession’s most imaginative group of lawyers, most people would have gone slack-jawed in amazement.
Saudi Arabia is investing heavily in infrastructure to cope with a booming population, but international firms looking to make a fast buck may have to temper their ambitions for a while yet.
Sydney firm Gilbert & Tobin has emerged as the leading candidate as Clifford Chance steps up its search for an Australian tie-up.
OFT fights back against threat of extinction with mixed results.
?The Senior Courts Costs Office has heard all the evidence and must now decide if the ’massive risk’ run by Leigh Day & Co justifies the firm’s 100 per cent uplift totalling £105m.
“We were approached on a potential job which we pitched for and didn’t get, but they were impressed with what we put in front of them.”
Last year the former UK Information Commissioner Richard Thomas controversially characterised the EU’s Data Protection Directive as “no longer fit for purpose”, triggering a review by the European Commission.
Eversheds has begun rolling out its support services outsourcing deal, sending procurement work to Accenture in Milton Keynes.
More than 25 per cent of the next intake of Freshfields Bruckhaus Deringer London trainees are from black and minority ethnic (BME) backgrounds, according to the magic circle firm’s latest corporate social responsibility report.
Legal department reacts to cuts head-on with mutualisation plans
Shepherd & Wedderburn has hired Pinsent Masons partner John MacKenzie as a partner in its Edinburgh-based commercial dispute resolution practice.
After the storm: Consolidation and mergers have been the main themes of a positive 2010, with Halliwells providing enough negativity all by itself to balance out the year
A team of three lawyers from IP firm Rouse’s Oxford brands practice has broken away to set up a boutique based in the city.The three-partner boutique, Sipara, was launched last week, with the firm claiming that 18 Rouse clients have, or are in the process of, migrating over.
There’s little doubt about the fashion among the in-house counsel who talked to The Lawyer in 2010 - getting maximum value for money remains the name of their game.
Simmons & Simmons has elected head of its international financial markets practice Jeremy Hoyland as its next managing partner.
?A really big thank you Christmas is coming up far too quickly, which means Slaughters asset management partner James Cripps will be already frantically making space in his diary for his post-festivities scribing.
The last year has been TheLawyer.com’s best ever, with figures from the Audit Bureau of Circulations showing that the site now has 235,425 unique users.
What was your first-ever job? Kitchen assistant in a seafood restaurant. Now that was stressful.