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9 December 2013
Nomura's managing director and chief general counsel Stephen Ball has quit the Japanese banking giant. Ball, who left after deciding not to renew his three year contract, is currently on gardening leave. Sources say he has not yet made any plans regarding his future employment.
White & Case has elected head of banking Duane Wall to replace James Horlock as managing partner. Horlock, an expert on sovereign finance has been managing partner for two decades and has expanded the New York firm to more than 1,000 lawyers worldwide. Wall has been head of the firm's banking practice since 1981.
Lloyd's of London director of legal services is leaving for internet bank Egg. James Butler, who has been with Lloyd's for over three years, will head up the legal department with a view to increasing its number of in-house lawyers.
Allen & Overy is bolstering its Amsterdam office by transferring four UK partners and a London based Dutch partner to its base in The Netherlands. Is also expected that another two banking partners will follow with a number of assistants.
Morgan Cole has poached a 10-year qualified construction and engineering lawyer from Simmons & Simmons. Gareth Morgan worked on a number of projects for Railtrack at Simmons and was previously in-house counsel for contractors HPG Higgs and Hill. Morgan Cole has also taken on three more lawyers to boost the team.
Clarks, the Reading-based firm, is poaching a partner from rival firm Bond Pearce. David Corsellis is joining the Clarks' planning department and will specialise in planning and development specifically in the health authority and trust areas. The firm is also taking on seven associates in company, employment and IP/IT.
Baker & McKenzie and CCH Incorporated, a provider of tax and employment law information and software, are launching a joint venture to provide advice to employers and their legal counsel. Publications on legal developments will be written by B&M lawyers and a co-branded website will be launched later this year.
Jacksons' managing partner Bill Goyder is retiring as the North East firm undergoes an extensive review of its management structure. Goyder, who will leave the firm in July will be replaced by head of insurance litigation Richard Clarke. Director Alex Hargreaves will fill the newly created role of director of management which will leave Clarke to continue partial fee-earning.
Norton Rose has poached a senior lawyer from US practice Davies Polk & Wardwell's London office. Securities expert Richard Baumann joins the firm as a full equity partner. Baumann, who will join Norton Rose in the spring, will bring the total partners in the firm's securities department to seven.
Theodore Goddard has appointed a new head of marketing. Katherine McPherson joins the firm from her own marketing and training consultancy which she set up five years ago. Her clients included the big five accountants as well as law firms. She will head up the firm's five-strong marketing department.