Offshore firm Walkers has taken three partners from Irish firm Matheson Ormsby Prentice (MOP) as it gears up to launch a new office in Dublin. MOP Dublin partners Garry Ferguson, Ken Rush and Paul Farrell are now on gardening leave and will join Walkers in October, November and January respectively. Walkers’ new office is in […]
Top Iberian law firms Cuatrecasas Gonçalves Pereira, Garrigues and Uría Menéndez all scored roles on Telefónica’s e7.5bn (£6.16bn) purchase of Portugal Telecom’s 50 per cent stake in Brasilcel. Uría, led by Madrid M&A partner Cándido Paz-Ares, advised Telefónica on its purchase of a stake in Portugal Telecom’s joint venture Brasilcel, which controls 60 per cent […]
Hammonds’ stated aim of merging with Squire Sanders needs a bit of work It is a truth universally acknowledged that any firm that announces a remarkable profit recovery is usually in want of a merger. And so it was with Hammonds. This year the national firm proclaimed an average profit per equity partner (PEP) increase of 32 per […]
Dechert is looking at launching in Frankfurt following the arrival of alternative investment funds specialist Achim Pütz from SJ Berwin. While the firm has an office in Munich, where Pütz has joined as a partner, it lacks a base in Germany’s financial centre. A decision on opening in the city will be made in the […]
Regional development agency One North East has abandoned its formal panel review process in favour of using a more informal list. The organisation had launched a formal review of its external advisers in January and invited tenders from national and local firms, but decided to abandon the structure in favour of working with a smaller […]
Davies Arnold Cooper (DAC) is putting Latin America at the heart of its strategy with a formal association with São Paolo boutique insurance law firm JBO Advocacia. Senior partner Danny Gowan told The Lawyer he hopes the alliance will be a precursor to something closer. “We’ve been interested in having a presence in Brazil for […]
Holman Fenwick Willan partners Jonathan Campbell, Alistair Johnston and Julian Clark have left the firm to set up a marine boutique in the City. Campbell Johnston Clark, which has no internal billing targets, launched at the beginning of September and offers alternative fee structures. Clark’s specialism is contractual dispute resolution and casualty work, including piracy, […]
Kirsty Cooper has been appointed to the dual role of general counsel and company secretary at Aviva. Cooper was formerly deputy company secretary and legal counsel at the London-headquartered insurance company and takes over her new position from Graham Jones. She will report to chief financial officer Pat Regan, who said: “The energy and commitment […]
This year The Lawyer introduced a new metric to its annual basket of law firm financial health indicators. For many equity partners it is the key one. Our ’days-to-profit’ number measures the time it takes for firms to clear their costs and start making money. Or, as one top 100 equity partner puts it, “to pay […]
Eversheds has continued to expand its Hong Kong offering with the hire of former Slaughter and May litigation partner Mark Yeadon. Yeadon, who had worked for Slaughters for 22 years in London and Hong Kong, retired from the firm earlier this summer. Eversheds Hong Kong managing director Nick Seddon said the firm was still in […]
Addleshaw Goddard and Eversheds have been dropped from RSA’s UK legal panel following the insurance company’s revamp of its roster of external advisers. Pinsent Masons is the only firm to have retained a place on the three-strong panel. Addleshaws and Eversheds have been replaced by Clyde & Co and Reynolds Porter Chamberlain. RSA, one of the […]
The Clifford Chance senior partner contest sprung into life last week, with three partners having now put themselves forward as potential replacements for incumbent Stuart Popham. Tax partner Jonathan Elman was the first to put his name in the frame earlier in the summer. He has now been joined by finance partner Malcolm Sweeting and German corporate […]