The Lawyer
Gavriel Hollander Editorial
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Ashurst parachutes projects ace into NY
23 May 2011
Ashurst will launch its New York project finance team with energy, transport and infrastructure partner Jason Radford, who is relocating to the US at the end of the summer.
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Focus: Linklaters and Gianni, Friendly fire
23 May 2011
Linklaters’ battle with former Italian ally Gianni over the Credit Suisse-Parmalat negligence action highlights the dangers inherent in referring instructions
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Langleys’ equine law boss is a firm favourite
23 May 2011
When law firms talk about hiring winners, it is rare for them to be speaking quite as literally as Yorkshire outfit Langleys does when describing the new head of its equine law practice.
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Martineau moots merger with London's Sprecher Grier
20-May-2011
Birmingham-based firm Martineau and London firm Sprecher Grier Halberstam have announced that thy are in merger talks. The tie-up would create a combined entity with a £31m turnover.
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Camerons and Freshfields lead on £8bn pharma deal
20-May-2011
CMS Cameron McKenna and Freshfields Bruckhaus Deringer secured prize mandates on the €9.6bn (£8.4bn) sale of Swiss drug company Nycomed to the Japanese Takeda Pharmaceutical Company.
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Dewey & LeBoeuf raids Taylor Wessing for UK private equity launch
19-May-2011
Dewey & LeBoeuf has moved into the London private equity market with a double swoop on Taylor Wessing.
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Freshfields raises associate salaries and allows band progression
19-May-2011
Freshfields Bruckhaus Deringer has announced a marginal increase in its associate salaries, with pay rising between 2 and 3 per cent for lawyers in their first three years following qualification.
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Freshfields adds to US litigation team with Kramer Levin hire
18-May-2011
Freshfields Bruckhaus Deringer has continued to expand its US litigation presence with the hire of Kramer Levin Naftalis & Frankel partner Timothy Harkness.
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Taylor Wessing turns to SJ Berwin and Squire Sanders for IP hires
17-May-2011
Taylor Wessing has looked to rival firms SJ Berwin and Squire Sanders Hammonds as it continues the expansion of its IP practice.
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Linklaters appoints new co-heads for US practice
16-May-2011
Linklaters has appointed Jeff Norton and Conrado Tenaglia as co-managing partners for the US, succeeding Larry Byrne and Nick Rees in the roles after they completed a four-year term.
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Mobile giant Three announces new regulatory chief
16-May-2011
Mobile phone network Three has hired a new legal chief for its competition and regulatory arm from rival operator Everything Everywhere.
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Ashurst seals Lloyds’ loyalty with treble placement
16 May 2011
Ashurst has cemented a burgeoning relationship with Lloyds Banking Group by committing a three-lawyer team to an extended placement at the bank on what a source described as a “balance-sheet management project”.
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Awards contenders show corporate is still a big deal
16 May 2011
This year’s deals highlight the West to East shift in the balance of economic power, says Gavriel Hollander
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CC teams with German partners on €300m high-yield debt issue
16 May 2011
Clifford Chance has fielded an Anglo-German team on a mandate advising German printing press manufacturer Heidelberg Druckmaschinen Aktiengesellschaft on its inaugural high-yield debt issue as part of an €800m (£700m) refinancing package.
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Clydes beats panel rivals to Lukoil Iraqi oilfield brief
16 May 2011
Clyde & Co’s energy group has won a major mandate after being appointed to advise Lukoil Mid-East in support of the development of its West Qurna-2 oilfield in Iraq.
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Clydes joins Akin Gump, CC on Lukoil’s ME panel
16 May 2011
Russian oil producer Lukoil has appointed a three-firm panel for its upstream Middle East subsidiary Lukoil Middle East after winning a contract to develop a major Iraqi oilfield.
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Onside Law plays above par to secure Ryder Cup mandate
16 May 2011
Sports boutique Onside Law has landed a major mandate after advising Ryder Cup Europe on the bidding process to decide the host for the 2018 staging of the biennial golf tournament.
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Linklaters follows A&O with ban on associate pay rises
12-May-2011
Linklaters has become the latest magic circle firm to freeze its associate salary bands for the 2011-12 financial year, holding them at the same level for a second consecutive year.
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Travers makes up part-time partner in latest promos round
12-May-2011
Travers Smith has made up a part-time partner for the first time as part of a five-strong promotion round.
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Stephenson Harwood beats budget with £100m in turnover
11-May-2011
Stephenson Harwood has broken the £100m turnover barrier for the first time after posting a 16 per cent revenue increase for the 2010-11 financial year.
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Norton Rose turns to Clifford Chance for knowledge systems chief
10-May-2011
Norton Rose has created two high-level non-lawyer positions in its IT and knowledge management functions.
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Osborne Clarke makes up five to partnership
10-May-2011
Osborne Clarke has promoted five lawyers into its partnership in its biggest promotion round since 2007.
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Banking status elevated as Links votes in Elliott
9 May 2011
The election of global head of banking Robert Elliott as senior partner at Linklaters represents the apotheosis of a practice that once played second fiddle to the firm’s corporate base.
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City firms seek places on SocGen’s global panel
9 May 2011
French investment bank Société Générale has launched a global panel review, with a number of City firms expected to bid for places on the coveted roster.
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Kirkland helps Teva win bid battle for Cephalon
9 May 2011
US firms Kirkland & Ellis and Skadden Arps Slate Meagher & Flom snared the prize mandates on the $6.8bn (£4.12bn) sale of biopharmaceutical company Cephalon to rival drugs giant Teva.
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Lockstep on radar as Links’ new chief takes reins
9 May 2011
Linklaters’ senior partner-elect Robert Elliott has hinted that the firm’s lockstep system could be open to change following an election in which the issue was raised repeatedly.
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Maclay uses new laws to protect Scotch whisky brand
9 May 2011
Maclay Murray & Spens and Axiom Advocates acted for the Scotch Whisky Association (SWA) against a drinks manufacturer that branded its products falsely as Scotch whisky.
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Montagu sticks with Macfarlanes for establishment of buyout fund
9 May 2011
Macfarlanes has won an instruction acting for Montagu Private Equity on the creation of its e2.5bn (£2.25bn) pan-European buyout fund.
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Norton Rose adds two to Africa practice prior to merger in SA
9 May 2011
Norton Rose has expanded its burgeoning Africa practice with two major corporate partner hires ahead of its South African merger next month with Deneys Reitz.
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Gianni turns to Camerons to defend Linklaters claim
6-May-2011
Gianni Origoni Grippo & Partners has instructed CMS Cameron McKenna as it battles a professional negligence claim brought against it by former alliance partner Linklaters.
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SJ Berwin promotes eight to partnership
6-May-2011
SJ Berwin has made up eight new partners in its 2011 promotions round, one more than last year’s figure.
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Osborne Clarke turnover tops £90m as German revenues flourish
6-May-2011
Osborne Clarke has revealed revenue growth of 8 per cent for the 2010-11 financial year.
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Macfarlanes unveils Meek as new corporate head
5-May-2011
Macfarlanes has named Charles Meek as its new head of corporate, replacing Kevin Tufnell who has completed three years in the job.
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Clifford Chance brings in OFT enforcement head
5-May-2011
Clifford Chance has boosted its City antitrust practice with the hire of Office of Fair Trading (OFT) competition enforcement head Alastair Mordaunt as a partner.
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Slaughters pushes associate salaries up 2 per cent
5-May-2011
Slaughter and May has increased associate salaries by an average of 2 per cent following its bi-annual pay review.
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HBJ Gateley Wareing rebrands as Gateley - except in Scotland
4-May-2011
HBJ Gateley Wareing has unveiled a new name as part of a rebranding exercise.
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Clifford Chance targets Asia with bumper partner promotion round
4-May-2011
Clifford Chance has put Asian expansion to the core of its strategy in this year’s round of partnership promotions, with more than half of its 23 new partners coming from the continent.
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Elliott triumphs in Linklaters senior partner race
3-May-2011
Linklaters has elected Robert Elliott as its new senior partner, replacing David Cheyne after a three-way fight for the role.
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Camerons announces 16 promotions, with UK focus
3-May-2011
CMS Cameron McKenna has appointed 16 new partners, with 14 of the promotions coming in the UK offices.
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Ashurst, SNR Denton land Centrica-Qatargas deal
2 May 2011
Ashurst and SNR Denton have advised on a £2bn tie-up between British Gas parent company Centrica Energy and Qatargas.
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CC, Hogan Lovells, Travers act on Barclays’ acquisition of The Mill
2 May 2011
Clifford Chance, Hogan Lovells and Travers Smith secured the top mandates on Barclays Private Equity’s (BPE) £119m acquisition of post-production business The Mill.
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Law firms braced for third year of stagnant financials
2 May 2011
Top firms anticipate another year in the doldrums this results season; picture more positive away from City giants
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Slaughters’ sports practice: more for show than dough
2 May 2011
Elite firm appreciates the value of backing a winning sports team. By Gavriel Hollander
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Taylor Wessing mulls due diligence spin-off
2 May 2011
Taylor Wessing’s new in-house due diligence division, which the firm launched last week (The Lawyer.com, 20 April), could be spun out as a separate business in a move that represents a challenge to outsourcers.
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SJ Berwin scraps associate lockstep
25 April 2011
SJ Berwin has become the latest firm to abandon the associate lockstep model as it moves to a merit-based remuneration system.
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Burges Salmon sets up low-tax vehicle for staff
25 April 2011
Burges Salmon is set to transfer its entire non-partner staff base to a newly created service company in an effort to cut its tax bill.
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Freshfields advises Land Securities on City let
25 April 2011
Freshfields Bruckhaus Deringer has advised Land Securities on its securing of SMBC Nikko Capital Markets as the latest tenant for its high-profile City development One New Change.
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Latham, Shearman, Weil take lead roles on Priory’s Craegmoor buy
25 April 2011
Latham & Watkins, Shearman & Sterling and Weil Gotshal & Manges secured the lead mandates on The Priory Group’s acquisition of healthcare support provider Craegmoor Group.
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Freshfields creates China chair role as City duo relocates to PRC
21-Apr-2011
Freshfields Bruckhaus Deringer has moved to strengthen its Chinese offering in the face of growing client demand, with two of the firm’s London partners moving to the jurisdiction.
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Leading UK firms see 20 per cent rise in partner promos
20-Apr-2011
Partner promotions at the top UK firms have gone up virtually across the board, with only one firm - Bird & Bird - seeing its promotion numbers drop.
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Taylor Wessing unveils alternative to outsourcing
20-Apr-2011
Taylor Wessing has launched a new division offering automated data mining, due diligence and contract management services to its clients, as an alternative to outsourcing.
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Albania in CMS' sights after nine-lawyer Eversheds raid
19-Apr-2011
CMS’ international network has expanded into Albania after its Italian outlet, CMS Adonnino Ascoli & Cavasola Scamoni, snared a nine-lawyer team from Eversheds Bianchini.
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Belgian adds interest to Links senior partner poll
18 April 2011
The three partners vying to replace David Cheyne as Linklaters’ senior partner put forward their cases at the firm’s partner conference in Paris earlier this month, with the contest still widely seen as too close to call.
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Clifford Chance, Links scoop main roles on Glencore float
18 April 2011
Clifford Chance and Linklaters have snared the prize mandates on the long-awaited IPO of commodities trader Glencore.
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Stephensons, Walker Morris act on Romag’s pre-pack sale to Gentoo
18 April 2011
Stephenson Harwood and Walker Morris have completed the pre-pack administration sale of the assets of AIM-listed glass and solar panel manufacturer Romag Holdings to Gentoo Group.
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US firms promote as laterals prove elusive
18 April 2011
Despite the strong buying position of a number of US firms, as we report on the front page, several London offices are taking a longer term view towards organic growth.
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US firms’ stellar City financials put UK high-fliers in hiring line
18 April 2011
As international practices in London perform strongly, UK firms face stiff challenge to retain top talent
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Clifford Chance cashier jailed for stealing £63,000 from firm
15-Apr-2011
A second former Clifford Chance employee has been jailed for fraud this year after former chief cashier Emma Rowsell admitted stealing £63,000 from the firm.
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Freshfields names Amsterdam partner as people head
14-Apr-2011
Freshfields Bruckhaus Deringer has named Amsterdam corporate partner Richard Norbruis as its new global people partner, replacing Caroline Stroud who will return to fee-earning after a three-year stint in the role.
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Ashurst makes up three City lawyers in 12-strong round
14-Apr-2011
Ashurst has promoted 12 lawyers to its partnership, with only three of the new partners based in London.
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Linklaters' senior partner vote opens after conference hustings
13-Apr-2011
Voting has opened in the Linklaters senior partner election, with insiders suggesting the race will be much closer than was initially thought.
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Dewey and DLA advise on eBay's Turkish acquisition
13-Apr-2011
Dewey & LeBoeuf has advised online auction site eBay on its acquisition of its Turkish counterpart Gitti Gidiyor Bilgi Teknolojileri Sanayi ve Ticaret Anonim Sirketi.
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CC, Slaughters win lead roles on Arsenal bid
13-Apr-2011
Clifford Chance and Slaughter and May have secured the leading roles on the latest international takeover of a Premier League football club following US businessman Stan Kroenke’s £731m offer for Arsenal.
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Clifford Chance and Linklaters advise on $12bn Glencore IPO
12-Apr-2011
Clifford Chance and Linklaters snared the prized mandates on the long-awaited IPO of commodities trader Glencore.
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Linklaters promotes six City lawyers in 18-strong global round
11-Apr-2011
Linklaters has made up 18 lawyers to its partnership, with only six of the new partners coming from the London office.
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Bakers HR head’s stage graft
11 April 2011
“I sometimes wonder if I’m a bit obsessive-compulsive,” says Baker & McKenzie HR director Martin Blackburn.
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Bleak deals climate shows no sign of thawing in Q1
11 April 2011
A constricted UK deals pipeline has not eased in the first quarter (Q1) of 2011, according to latest M&A advisory league tables published by Thomson Reuters.
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Firms get creative as holiday fever sparks billing chaos
11 April 2011
Easter and royal wedding force firms to rethink accounting deadlines
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A&O and SJ Berwin lead on $3.2bn General Electric deal
8-Apr-2011
Allen & Overy (A&O) and SJ Berwin have taken the leading mandates on the $3.2bn (£1.96bn) sale of engineering group Converteam to General Electric.
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Norton Rose's South African merger partner bulks up ahead of tie-up
7-Apr-2011
Deneys Reitz, the South African firm that will merge with Norton Rose later this year, has begun a concerted lateral hiring effort with the recruitment of four directors and four associates, including two partners from Eversheds.
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A&O and Herbies advise on Man Group's Citi outsourcing deal
5-Apr-2011
Allen & Overy (A&O) and Herbert Smith have taken the mandates on a landmark outsourcing deal between Man Group and Citibank’s specialised outsourcing arm.
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Focus: Travers Smith, Solo empowered
04 April 2011
Without wanting to divulge too many tricks of the trade, the standard means by which anyone can discover the skeletons in the closet at a firm is to pick up the phone to its competitors, its former partners or anyone else with an axe to grind and let them unleash years’ worth of pent-up bile.
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Freshfields assigns associate to advise top brass
04 April 2011
Freshfields Bruckhaus Deringer has taken the radical step of appointing an associate-level adviser to augment its new senior management team.
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Macfarlanes and SJ Berwin on either side of Wagamama sale
04 April 2011
Macfarlanes and SJ Berwin have claimed the leading mandates for rival private equity houses on the £215m sale of noodle bar Wagamama.
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Ropes edges into City PE space with DLA capture
04 April 2011
Ropes & Gray has made a significant move into the London private equity sector with the hire of DLA Piper European private equity chief Will Rosen.
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Links seeks client input as it overhauls flexi-working policy
31-Mar-2011
Linklaters is to launch a client forum to help develop a best practice approach to work-life balance issues at the firm.
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Slaughters revamps partnership board and names two new practice heads
31-Mar-2011
Slaughter and May has named new heads of its financing and tax practice streams and appointed five new members to its partnership board.
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CC's Popham joins Citigroup as vice-chair of EMEA banking
29-Mar-2011
Clifford Chance’s former senior partner Stuart Popham is joining Citigroup as vice-chairman of EMEA banking at the end of April.
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Ashurst pushes more partners to top of lockstep
28 March 2011
Ashurst has more than doubled the number of partners at the top of its lockstep to redress the imbalance that resulted from its decision to move to a modified system four years ago.
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Links turns to Slaughters on negligent advice action
28 March 2011
Links snubs insurers’ firm Clydes for separate defence on high-stakes claim
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Smiles all round as Slaughters and Wachtell lead on Colgate deal
25-Mar-2011
Slaughter and May and Wachtell Lipton Rosen & Katz secured the lead M&A roles on Colgate-Palmolive’s €672m (£590m) acquisition of the Sanex personal care brand from consumer products giant Unilever.
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Two left in Camerons senior partner race
24-Mar-2011
The senior partner election at CMS Cameron McKenna will go to a third round after no overall winner was declared following a vote yesterday.
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Deutsche Bank expands City legal roster
24-Mar-2011
Deutsche Bank has extended its list of preferred City legal advisers with at least five firms being added to the enlarged roster.
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Slaughters welcomes five to partnership, three in corporate
24-Mar-2011
Slaughter and May has made its biggest round of promotions for four years, making up five partners in its City base.
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Freshfields boosts Paris office with Paul Hastings team
23-Mar-2011
Freshfields Bruckhaus Deringer has swooped on the Paris office of Paul Hastings to the hire a three-strong public law team headed by partner Pascal Cuche.
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Angel rematerialises in SJ Berwin non-exec role
21 March 2011
After 10 years of running one of the world’s largest law firms, many people would take the chance to cut back on their workload. But not Tony Angel.
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Camerons kicks off senior partner race
21 March 2011
Voting in the first round of CMS Cameron McKenna’s senior partner election is due to end today (21 March), with four candidates vying to replace incumbent Richard Price.
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Freshfields drives Daimler’s joint bid with Rolls-Royce for Tognum
21 March 2011
Freshfields Bruckhaus Deringer, Hengeler Mueller, Latham & Watkins and Sullivan & Cromwell have secured roles on a e3.2bn (£2.76bn) joint takeover offer for engine-maker Tognum by Daimler and Rolls-Royce.
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Freshfields parachutes IP ace into NY transactional practice
21 March 2011
Freshfields Bruckhaus Deringer has moved to diversify its New York transactional practice, adding an IP capability for the first time with the relocation of London counsel Lindsey Canning.
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Linklaters launches Houston offensive
21 March 2011
Magic circle delegation scouts for prospects in Texan energy hot spot
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Links partner’s Gateway to stardom
21 March 2011
Last Friday (18 March) saw the release of the latest film from independent production company Gateway Films.
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Wallace
21 March 2011
A little under 10 years ago the half-dozen partners of West End firm Wallace were pondering their options. A merger - US or City - was seriously considered.
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Burges Salmon names senior partner after uncontested election
17-Mar-2011
Burges Salmon has named corporate partner Alan Barr as its new senior partner, taking over from Stephen McNulty who will stand down after four years on 1 May.
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Molson Coors unveils six-firm roster for UK and Ireland advice
17-Mar-2011
Herbert Smith has been named as major projects adviser for Molson Coors as the brewing giant unveils a six-firm UK and Ireland legal panel.
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Merger of Competition Commission and OFT meets with muted response
16-Mar-2011
Competition lawyers have offered a lukewarm response to Government proposals to streamline and improve the UK’s competition regime.
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A&O, Freshfields and Uría act on Qatar Holding's €2.1bn Iberdrola acquisition
16-Mar-2011
Magic circle pair Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have been joined by Spanish giant Uría Menéndez to guide Qatar Holding’s purchase of a €2.1bn stake in Iberdrola.
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Former CC boss Cornell steps down from Terra Firma role
14-Mar-2011
Former Clifford Chance managing partner Peter Cornell is to stand down from his position as chair of Terra Firma’s advisory committee.
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Bupa panel to get regular check-ups
14 March 2011
Bupa is set to launch an annual consultation process for its top legal advisers as the healthcare provider looks to monitor the performances of its panel firms on a more regular basis.
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Firm profile: Ansons
14 March 2011
Staffordshire firm Ansons may be young in years, but it has some reassuringly old-fashioned principles.
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Freshfields’ home-grown celluloid heroes
14 March 2011
The major movie awards may be out of the way this year, but Freshfields Bruckhaus Deringer rolled out the red carpet last week for a night of cinematic celebration.
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Osborne Clarke appoints City trainee contact
14 March 2011
Osborne Clarke has tasked corporate partner Kalpesh Tanna with taking responsibility for the firm’s London trainees.
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Slaughters still rules the blue-chip jungle
14 March 2011
The latest Hemscott rankings reveal that the top companies’ legal adviser rosters have barely changed during the downturn. Gavriel Hollander reveals the swings and roundabouts since 2005
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Angel returns to the law at SJ Berwin
11-Mar-2011
Former Linklaters managing partner Tony Angel has joined SJ Berwin as a non-executive director.
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Osborne Clarke wins role for Tchenguiz group on SFO probe
10-Mar-2011
Osborne Clarke has won a role acting for property tycoons Robert and Vincent Tchenguiz’s R20 Group in relation to a Serious Fraud Office (SFO) investigation into the collapse of Icelandic bank Kaupthing.
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Trio of partners do battle for Linklaters' senior partner role
10-Mar-2011
Three partners are set to compete to replace Linklaters senior partner David Cheyne after the magic circle firm’s international board reduced its original five-strong long list.
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Ashurst and LG scoop lead roles on £756m CGNPC offer
9-Mar-2011
Ashurst and Lawrence Graham (LG) have snared the lead roles on a deal that marks one of the first incursions into the listed UK market by a state-owned Chinese company.
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Ropes boosts London corporate with Jones Day hire
9-Mar-2011
Ropes & Gray has further boosted its London private equity practice with a second lateral partner hire in the space of a month.
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McGrigors hands board seat to legacy L'Estrange partner
7-Mar-2011
Edinburgh-headquartered firm McGrigors has restructured its management board as it seeks to reflect a more UK-wide business, with a Belfast partner from legacy firm L’Estrange and Brett joining the board.
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Burges Salmon promotes four after 2010 hiatus
7-Mar-2011
Burges Salmon has made up four new partners in this year’s promotion round, marking the first internal promotions at the firm for two years.
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Ashurst NY sets sights on boom in US infrastructure
7 March 2011
Ashurst is set to launch a New York project finance practice as the firm targets the burgeoning US infrastructure market.
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Camerons loses corporate partner to client
7 March 2011
CMS Cameron McKenna corporate partner Mike Jones has left the firm to join one of his clients, becoming general counsel at White Rose Energy Ventures, an oil exploration and production start-up focused on upstream exploration in West Africa.
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Kirkland’s City office secures brace of deals for Bain Capital
7 March 2011
Kirkland & Ellis has landed a pair of prime mandates acting for longstanding private equity client Bain Capital.
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Shearman’s Tata mandate creates 800 North East jobs
7 March 2011
Shearman & Sterling has won a major instruction from Tata Steel on a deal that will see the creation of around 800 jobs in the North East of England.
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SJ Berwin outsourcing chief quits for RPC
7 March 2011
SJ Berwin head of outsourcing David Meredith has joined Reynolds Porter Chamberlain (RPC) as a partner, effectively bringing to a close his former firm’s strategic sourcing practice.
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Ashurst launches in Rome with hires from Dewey and NCTM
4-Mar-2011
Ashurst is to open a second Italian office after raiding Dewey & LeBoeuf and local firm NCTM for the launch of a three-partner practice in Rome.
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Freshfields promotes 20 to partnership, nine in City
4-Mar-2011
Freshfields Bruckhaus Deringer has kicked off this year’s partner promotions season with a bumper crop of 20 lawyers set to join the partnership.
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Macfarlanes suffers double partner loss with defections to Clydes and Fladgate
4-Mar-2011
Macfarlanes has lost two partners from its real estate practice just months after the group was broken up into three separate teams, acting within existing practice areas.
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A&O and HogLov guide News Corp to success on BSkyB deal
3-Mar-2011
Allen & Overy (A&O) and Hogan Lovells have helped Rupert Murdoch’s News Corporation as its bid to take over satellite broadcaster BSkyB got the green light from the UK Government.
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Links and Simpson Thacher lead on E.ON's £4bn PPL sell-off
3-Mar-2011
Linklaters and Simpson Thacher & Bartlett have taken the lead roles on the £4bn sale of E.ON’s UK electricity distribution business to Pennsylvania Power and Light (PPL).
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Big Apple could make small potatoes of London and Toronto’s big exchange
28 February 2011
US-German deal and swing to Asia could dwarf LSE-TMX merger.
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Cleary, Slaughters act on Diageo’s Mey Icki purchase
28 February 2011
Cleary Gottlieb Steen & Hamilton and Slaughter and May took the leading advisory roles on Diageo’s £1.3bn acquisition of Turkish spirits producer Mey Icki last week.
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Norton Rose, Pinsents instructed on Energees’ move to control Regal
28 February 2011
Norton Rose and Pinsent Masons have claimed the mandates for the sale of a controlling stake in Regal Petroleum to Ukrainian bidder Energees Investments.
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Norton Rose snares eight DLA partners for Hamburg launch
25-Feb-2011
Norton Rose has opened an office in Hamburg following a raid on DLA Piper for a group of seven partners, with one more joining the existing Frankfurt office.
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Macfarlanes wins follow-on role from TNK-BP's Rosneft deal
24-Feb-2011
Macfarlanes has landed a major new mandate advising the independent directors of BP’s Russian joint venture partner Alfa Access Renova (AAR) on their position following last month’s tie-up between the UK oil company and Russia’s state-owned Rosneft.
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Four partners to battle it out to become Camerons' senior partner role
24-Feb-2011
Former managing partner Dick Tyler is one of four candidates in the upcoming senior partner election at CMS Cameron McKenna.
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A&O and Linklaters lead on landmark Indian energy deal
21-Feb-2011
Magic circle duo Allen & Overy (A&O) and Linklaters have taken the prize mandates on today’s “landmark” $7.2bn (£4.4bn) tie-up between BP and India’s Reliance Industries.
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A&O, Slaughters bag GE’s John Wood oil well division purchase
21 February 2011
Allen & Overy (A&O) and Slaughter and May have taken the prize mandates advising John Wood Group on the $2.8bn (£1.7bn) sale of its oil well support division to General Electric (GE).
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Bobby dazzler: Gareth Madge, Gwent Police
21 February 2011
South Wales and Gwent Police legal director Gareth Madge is leading the way in streamlining legal services in the public sector.
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Camerons furthers diversity credentials
21 February 2011
CMS Cameron McKenna is set for a diversity facelift following the appointment of Daniel Winterfeldt as diversity and inclusion partner.
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Childs: CC will not get big in Australia
21 February 2011
Clifford Chance took few in the legal market by surprise when it announced last week it was following the march of UK firms into Australia.
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Herbies helps De La Rue fend off hostile bid by rival banknote printer
21 February 2011
Herbert Smith has helped banknote printer De La Rue see off a hostile takeover attempt by French bidder Oberthur.
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Osborne Clarke appointments signal upmarket aspirations
21 February 2011
Osborne Clarke has appointed its first practice-specific business manager as part of a push into higher-end work.
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Credit Suisse turns to Linklaters on $8bn CoCo deal
18-Feb-2011
Linklaters has claimed a key mandate acting for Credit Suisse on the bank’s issuance of $8bn (£4.98bn) worth of contingent convertible bonds, the Basel III compliant capital instrument known as CoCos.
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Taylor Wessing mourns 91-year-old proofreader Reg Frary
16-Feb-2011
Taylor Wessing proofreader Reg Frary passed away last week at the age of 91 after more than 20 years at the City firm.
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Clifford Chance launches in Australia via double merger
16-Feb-2011
Clifford Chance has become the latest firm to launch in Australia after the partnership voted through a dual merger with boutique firms in Sydney and Perth.
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A&O and Slaughters lead as GE pays $2.8bn for Wood Group division
15-Feb-2011
Allen & Overy (A&O) and Slaughter and May have taken the prize mandates advising the John Wood Group on the $2.8bn (£1.7bn) sale of its Well Support Division to General Electric (GE).
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CC names head of City-based tax, pensions and employment group
14-Feb-2011
Clifford Chance has named Chris Davies as head of its City tax, pensions and employment (TPE).
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Cheers to Pinsents and TLT as they guide Molson Coors brewery deal
14 February 2011
Pinsent Masons and TLT Solicitors have been toasting their success after winning mandates on the £20m sale of Cornwall-based Sharp’s Brewery to Molson Coors.
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GTM, Herbies, Sullivan on board with £700m cash shell gambit
14 February 2011
Greenberg Traurig Maher (GTM), Herbert Smith and Sullivan & Cromwell are understood to have won mandates on the flotation of a £700m cash shell by billionaire investor Nicolas Berggruen.
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Rivals court Credit Suisse as bank pursues Links in prof neg case
14 February 2011
A number of City firms are muscling in on Linklaters’ relationship with Credit Suisse after the investment bank launched legal action against the firm.
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Linklaters faces £115m Credit Suisse claim over Parmalat advice
11-Feb-2011
Credit Suisse is set to sue Linklaters for €136m (£115m) for professional negligence over advice it was given for a deal with Italian food giant Parmalat.
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Links and Wachtell lead as Deutsche Börse and NYSE merger advances
10-Feb-2011
Linklaters and Wachtell Lipton Rosen & Katz have claimed the leading M&A roles on the proposed merger between the US and German stock exchanges.
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Camerons puts 20 partners on notice as close of restructure draws near
10-Feb-2011
Up to 20 partners at CMS Cameron McKenna are thought to be under threat as the firm steps up its consultation process ahead of a partnership restructure.
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A&O and Freshfields lead as LSE agrees merger with Canadian exchange
9-Feb-2011
Allen & Overy (A&O) and Freshfields Bruckhaus Deringer took the UK side mandates on the merger of the London Stock Exchange (LSE) and the owner of its Toronto counterpart.
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Former SJ Berwin chief joins CPA Global as chairman
9-Feb-2011
Outsourcer CPA Global has named former SJ Berwin senior partner David Harrel as its new chairman.
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A&O, Hogan Lovells on opposite sides of Catalina’s Glacier purchase
7 February 2011
Allen & Overy (A&O) and Hogan Lovells advised on Catalina Holdings’ acquisition of Swiss-based reinsurer Glacier.
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CC, Dewey, Freshfields steer Citibank’s acquisition of EMI
7 February 2011
Clifford Chance, Dewey & LeBoeuf and Freshfields Bruckhaus Deringer have all taken high-profile roles on the sale of troubled music group EMI to Citibank.
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Cleary, W&C lead Nigeria’s sovereign bond issuance
7 February 2011
US firms Cleary Gottlieb Steen & Hamilton and White & Case have claimed the mandates on Nigeria’s debut international sovereign bond issue.
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Reed Smith brings in Gide corporate partner
7 February 2011
Reed Smith has bolstered its London capital markets presence after hiring Gide Loyrette Nouel partner Scott Cameron.
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Relief and frustration as business concerns force Bribery Act delay
7 February 2011
Last week the Ministry of Justice announced a delay to the implementation of the Bribery Act, originally due to come on to the statute book in April.
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SSH serves up HSBC facility for Jamie Oliver empire
7 February 2011
Squire Sanders Hammonds (SSH) and West End firm Collins Benson Goldhill took leading roles on HSBC’s provision of banking facilities to part of Jamie Oliver’s expanding restaurant empire.
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Travers hires its first US-qualified partner
7 February 2011
Travers Smith has responded to pressure from clients to provide US securities advice by hiring its first US-qualified partner.
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Ashurst's top earner pocketed £1.1m in 2009-10 financial year
4-Feb-2011
The highest-earning partner at Ashurst took home more than £1m in 2009-10 after the top payment dipped below the seven-figure barrier during the previous financial year.
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A&O boss vows to limit job cuts as firm transfers support function to Belfast
2-Feb-2011
Allen & Overy (A&O) managing partner Wim Dejonghe has pledged to limit the number of redundancies that are likely to come about as a result of the firm’s decision to transfer up to 180 support staff to Belfast.
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Freshfields banking star set to join Sullivan & Cromwell
2-Feb-2011
Freshfields Bruckhaus Deringer has lost its second big-name finance partner in the last three months with Presley Warner defecting to US firm Sullivan & Cromwell.
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CC, Dewey and Freshfields lead cast list on EMI pre-pack
1-Feb-2011
Clifford Chance, Dewey & LeBoeuf and Freshfields Bruckhaus Deringer have all taken high-profile roles on the sale of troubled music group EMI to Citibank.
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Linklaters scoops Carlyle buyout instruction
31-Jan-2011
Linklaters has won the prize mandate acting for private equity house the Carlyle Group on its £450m acquisition of Integrated Dental Holdings (IDH) from Bank of America Merrill Lynch (BoAML), as well as the proposed merger with rival Associated Dental Practices (ADP).
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Clifford Chance splits City corporate group into three
31 January 2011
Clifford Chance has shaken up its London corporate practice, splitting the group into three sector-based teams.
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Finisterre appoints first GC with Altima capture
31 January 2011
Finisterre Capital has become the latest hedge fund manager to build up its in-house legal capability after appointing its first-ever general counsel in the shape of Altima Partners legal chief Ursula Newman.
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Herbies, SJ Berwin win main roles on Boparan’s Northern Foods punt
31 January 2011
Herbert Smith and SJ Berwin have taken the top mandates on the £342m recommended offer by Boparan Holdings for Northern Foods, as a bidding war continues for the UK food group.
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Hogan Lovells and SH star in LoveFilm acquisition
31 January 2011
Hogan Lovells and Stephenson Harwood took the key mandates on the £200m sale of the remaining shares in LoveFilm to Amazon.
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Why BLP’s push into high-end corporate needs more of a shove
31 January 2011
Can BLP find its way out of the AIM ghetto to challenge the top tier?
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A&O usurps Freshfields on reduced National Grid panel
28-Jan-2011
Allen & Overy (A&O) has replaced Freshfields Bruckhaus Deringer as one of two corporate advisers to National Grid after the utility giant reduced its roster of legal advisers by a quarter following a panel review.
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Weil Gotshal bulks up City restructuring team with Jones Day hire
26-Jan-2011
Weil Gotshal & Manges has raided Jones Day’s London office to hire restructuring partner Adam Plainer to lead its own restructuring practice.
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Camerons to cut 9 per cent of support staff as part of Integreon deal
25-Jan-2011
CMS Cameron McKenna is to lay off 9 per cent of its support staff, with a further 21 per cent facing relocation, as part of the transfer of its business services functions to outsourcer Integreon.
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Clifford Chance cut 12 per cent of employees during 2009-10, LLPs confirm
24-Jan-2011
Clifford Chance’s LLP accounts have shown the extent of the staff cuts the firm made during 2009-10, with the total number of employees falling by 12 per cent.
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Vanhulle named as new global tax chief at Linklaters
24-Jan-2011
Linklaters has named Brussels head of tax Henk Vanhulle as its new global tax chief.
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Clifford Chance boosts Middle East coverage with Qatar opening
24-Jan-2011
Clifford Chance is set to open an office in Qatar as the magic circle firm continues to expand its Middle East capabilities.
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CC, Akin Gump scoop Lukoil bond issue as capital markets improve
24 January 2011
Akin Gump Strauss Hauer & Feld and Clifford Chance have landed the key advisory roles on a $1.5bn (£940m) convertible bond issue by Lukoil amid signs of recovery in the spluttering capital markets.
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Linklaters opposite Freshfields on BP share swap with Rosneft
24 January 2011
Freshfields Bruckhaus Deringer and Linklaters have been handed the prize mandates on BP’s £10bn share swap with Russian state-owned oil giant Rosneft.
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Links, Hogan Lovells bag Paternoster acquisition by Rothesay
24 January 2011
Hogan Lovells and Linklaters have secured instructions on the £260m sale of pension buyout house Paternoster to Goldman Sachs subsidiary Rothesay Life.
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Osborne Clarke, Bond Pearce act jointly for Kandahar
24 January 2011
Bond Pearce, Jones Day and Osborne Clarke have advised on the £240m sale of Plymouth’s Drake Circus Shopping Centre to British Land.
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Freshfields cut 10 per cent of support staff during 2009-10, LLPs confirm
21-Jan-2011
Freshfields Bruckhaus Deringer slashed its support staff headcount by more than 10 per cent across its global practice during the 2009-10 financial year.
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Ashurst searches for perfect 'work-life fit' as 50-hour week is formalised
21-Jan-2011
Ashurst has put its flexible working strategy in the spotlight after setting up a committee to look at work-life issues across the firm.
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SJ Berwin unveils new-look partnership board
20-Jan-2011
SJ Berwin has introduced a clutch of new partners to its revamped partnership board following firmwide elections for the posts.
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Freshfields, Linklaters land top roles on BP-Rosneft deal
17-Jan-2011
Freshfields Bruckhaus Deringer and Linklaters have been handed the prize mandates on BP’s £10bn share swap with Russia’s state-owned oil giant Rosneft.
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Freshfields bosses vow to focus on fee-earning
17-Jan-2011
Freshfields Bruckhaus Deringer’s senior management team has emphasised its commitment to client work by pledging that all partners in management positions will spend a significant proportion of their time on fee-earning.
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Butcher Burns and ex-Vertex partner score Charlton Athletic FC takeover
17 January 2011
Butcher Burns and former Vertex Law partner Stuart Butler-Gallie bagged the leading roles on the takeover of League One’s Charlton Athletic by a consortium led by former Newcastle United vice-president Tony Jimenez.
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Eilers: we’ll ‘just be called Freshfields’ in 10 years
17 January 2011
Freshfields Bruckhaus Deringer will drop the names of its German legacy firms within a decade, according to new executive partner Stephan Eilers.
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New LGB network created for employment lawyers
17 January 2011
Taylor Wessing has backed the launch of an LGB network for employment lawyers.
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US firms’ hires prove private equity double acts provide key to big houses
17 January 2011
Clients prefer to deal with established, tight-knit teams, says Gavriel Hollander
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Freshfields and Slaughters advise on Henderson's Gartmore acquisition
12-Jan-2011
Freshfields Bruckhaus Deringer and Slaughter and May have landed the lead mandates advising on Henderson’s purchase of fellow fund manager Gartmore.
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Ropes taps Weil's City office for Hong Kong finance hire
11-Jan-2011
Ropes & Gray has raided the London office of Weil Gotshal & Manges to boost its Hong Kong finance practice with the hire of partner Michael Nicklin.
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Banking boutique Exotix names general counsel
10-Jan-2011
Investment banking boutique Exotix has hired Jide Bada as its new general counsel.
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Ex-SJ Berwin associate wins OFT promotion
10 January 2011
Former SJ Berwin associate Sheldon Mills has been handed a promotion at the OFT after chief economist Amelia Fletcher stood down from the role of senior director of mergers.
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Herbies, SJ Berwin get slices of Cheesegrater construction
10 January 2011
Herbert Smith and SJ Berwin have taken the plum roles on a deal to create a joint venture (JV) that will see the construction of a new City landmark.
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Herbies, Taylor Wessing win Sheffield block sale
10 January 2011
Herbert Smith and Taylor Wessing won mandates on the sale of the Sheffield building that houses DLA Piper’s offices in the city.
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JMW media chief takes up Mishcon London job
10 January 2011
JMW head of media Charlotte Harris will join Mishcon de Reya next month, as the West End firm builds its four-partner media team.
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Links, Hengeler, Schoenherr act on Apax’s Takko buyout
10 January 2011
Linklaters, Slaughter and May best friend Hengeler Mueller and Austrian duo Schoenherr and Wolf Theiss took the mandates on the e1.3bn (£1.1bn) sale of clothing retailer Takko by Advent International to Apax Partners.
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Macfarlanes ups focus on flexibility
10 January 2011
Macfarlanes has expanded its flexible working policy as it continues a push to encourage more female lawyers into the upper echelons of the firm.
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Virgin Media promotes deputy GC as Hall announces retirement
6-Jan-2011
Virgin Media general counsel Bryan Hall has retired from the company after six years in the role and will return to his native US.
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Norton Rose taps Freshfields for Moscow disputes head
6-Jan-2011
Norton Rose has raided Freshfields Bruckhaus Deringer for the firm’s Russian dispute resolution chief Yaroslav Klimov.
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Camerons borrowed £4.5m to fund 2009-10 de-equitisations
6-Jan-2011
CMS Cameron McKenna borrowed a total of £4.5m to fund one-off payments to partners it de-equitised at the end of the last financial year, LLP accounts filed with Companies House have revealed.
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Norton Rose saw cash outflows of £17.5m in 2009-10, LLPs reveal
5-Jan-2011
Norton Rose experienced a net cash outflow of £17.5m for the 2009-10 financial year, compared with an inflow of £2.4m in 2008-09, according to LLP accounts filed with Companies House.
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SNR Denton signs up Hammonds' Hong Kong arm for local launch
4-Jan-2011
SNR Denton has launched in Hong Kong with the assimilation of a new member firm that was previously the Hong Kong office of Squire Sanders Hammonds legacy firm Hammonds.
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Norton Rose adds Clifford Chance lawyer to Hong Kong practice
23-Dec-2010
Norton Rose has continued its Asian expansion with the hire of Clifford Chance consultant Charlotte Robins as a partner in its Hong Kong corporate team.
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Slaughters partner takes on GC role at Asset Protection Agency
21-Dec-2010
Slaughter and May corporate partner Lucy Wylde has landed a permanent role as general counsel for HM Treasury’s Asset Protection Agency (APA).
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Freshfields raids A&O for Middle East star
17-Dec-2010
Freshfields Bruckhaus Deringer has scooped Pervez Akhtar from magic circle rival Allen & Overy, making him its new Middle East corporate head .
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Norton Rose hires Ashurst partner to bulk up in Singapore
17-Dec-2010
Norton Rose has bolstered its energy practice with the hire of Ashurst partner Ashley Wright to lead its Asia Pacific oil and gas team in Singapore.
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Freshfields corporate partner lands at White & Case
16-Dec-2010
Freshfields Bruckhaus Deringer corporate partner David Crook has resurfaced at US firm White & Case following a year-long break from fee-earning.
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Apax appoints Goldmans lawyer as first-ever general counsel
14-Dec-2010
Apax Partners has concluded its 20-month search for a general counsel with the appointment of Simon Cresswell from Goldman Sachs.
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Freshfields bulks up on debt finance with raids on CC, Linklaters
13-Dec-2010
Freshfields Bruckhaus Deringer has made a double swoop on its magic circle rivals to bolster its debt capital markets practice.
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Ashurst, Travers, SJ Berwin land Candover Partners divestment
13 December 2010
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.
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CC circles Gilbert & Tobin to fulfil Aussie strategy
13 December 2010
Sydney firm Gilbert & Tobin has emerged as the leading candidate as Clifford Chance steps up its search for an Australian tie-up.
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Competition practices shape up as regulators take centre stage in 2010
13 December 2010
OFT fights back against threat of extinction with mixed results.
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Freshfields boosts diversity with a quarter BME intake
13 December 2010
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.
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Rouse Oxford team forms new boutique
13 December 2010
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.
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SJ Berwin partners vote on governance shake-up in wake of failed merger
10-Dec-2010
SJ Berwin partners are today voting on changes to the firm’s governance as part of new managing partner Rob Day’s push to improve communication at the firm.
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Camerons sees turnover rise five per cent at half-year stage
7-Dec-2010
CMS Cameron McKenna has posted a 5 per cent increase in revenue after the first six months of the 2009-10 financial year.
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Linklaters' staff costs fell 16 per cent in 2009-10, LLPs reveal
7-Dec-2010
Staff costs at Linklaters fell by 16 per cent in the 2009-10 financial year, according to limited liability partnership (LLP) accounts filed with Companies House.
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SNR Denton advises Qatar on successful Fifa World Cup bid
6-Dec-2010
SNR Denton has claimed a starring role acting for Qatar on its successful bid to host the 2022 Fifa World Cup.
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Hammonds wins spot on Sheffield Wednesday buy
6 December 2010
Hammonds corporate partner David Hull has landed another major football mandate, advising former Portsmouth and Leicester City owner Milan Mandaric on the purchase of Sheffield Wednesday.
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Links picks new firmwide, UK property chiefs
6 December 2010
Linklaters has named new heads for its firmwide and UK real estate practices.
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Links, Travers gifted main roles on Peel-CSC Trafford Centre deal
6 December 2010
Linklaters and Travers Smith have taken the prize mandates on one of the largest property M&A deals of the year, as Capital Shopping Centres (CSC) has agreed to purchase Manchester’s Trafford Centre from Peel Holdings for £1.6bn.
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Slaughters, Simpson, Olswang bag Chrysalis gig
6 December 2010
Olswang, Simpson Thacher & Bartlett and Slaughter and May took the lead roles on the £107m buyout of music publisher Chrysalis to BMG, a joint venture established two years ago between German media group Bertelsmann and US private equity house KKR.
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TLT City insolvency team brought in as Barclays calls time on Balls Bros
6 December 2010
TLT Solicitors’ London corporate recovery and insolvency practice has won one of its biggest mandates to date after being instructed by the administrators of bar owner Balls Brothers.
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Treasury picks A&O over Slaughters on Irish bailout
6 December 2010
Pressure on Treasury to make procurement process transparent sees go-to firm sidelined
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SJ Berwin makes real estate promotion after defections to Irwin Mitchell
3-Dec-2010
SJ Berwin has promoted a real estate associate to partner outside of its regular promotions round following the loss of four partners from the group to Irwin Mitchell in the autumn.
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Clifford Chance denies discrimination claim over axed US associates
30-Nov-2010
Clifford Chance has denied allegations that it discriminated against six associates who were laid off from its New York office in 2007.
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Trio of US firms advise on BP's disposal of Pan American Energy
29-Nov-2010
Akin Gump Strauss Hauer & Feld, Baker & McKenzie and Sullivan & Cromwell have won the prize mandates on the sale of BP’s stake in its Argentinian joint venture, Pan American Energy.
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Freshfields names new global tax head
29-Nov-2010
Freshfields Bruckhaus Deringer has named London-based partner Colin Hargreaves as head of its global tax group.
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Britax purchase sees Ashurst act on its first buyout mandate for Nordic
29 November 2010
Ashurst has landed its first buyout mandate for new client Nordic Capital since being appointed to the private equity house’s panel earlier this year.
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Debevoise, Olswang land BBC’s JV sale to Discovery
29 November 2010
Debevoise & Plimpton and Olswang have secured the key mandates on the sale of BBC Worldwide’s 50 per cent interest in its global TV joint venture (JV), incorporating the channels Animal Planet and Liv, to Discovery Communications.
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Freshfields’ finance commitment in doubt with Howard missing Links
29 November 2010
Banking star in shock return to previous site of thwarted partner ambitions. By Gavriel Hollander
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Camerons partners give green light to outsourcing move
23-Nov-2010
CMS Cameron McKenna has taken a major step towards finalising its outsourcing arrangement with Integreon after partners voted in favour of the move last night.
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Linklaters raids Freshfields for restructuring star Howard
22-Nov-2010
Freshfields Bruckhaus Deringer finance partner Chris Howard has rejoined Linklaters in a major coup for the Silk Street firm.
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Mayer and SJ Berwin oversee Apax IT divestments to Azini
22 November 2010
Mayer Brown and SJ Berwin were the firms at the forefront on Apax Partners’ sale of 16 technology companies to Azini Capital.
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Travers’ outsourcing move keeps Bupa as a client
22 November 2010
Travers Smith has taken a step towards outsourcing some commoditised elements of its M&A work. The move came after Travers concluded a deal with Bupa that saw another firm take on data room and disclosure work at the client’s request.
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'Good outcome' for Burges Salmon in Sellafield body parts inquiry
19-Nov-2010
Burges Salmon has acted for the United Kingdom Atomic Energy Authority (UKAEA) on the long-running Redfern Inquiry into human tissue analysis in the UK’s nuclear facilities.
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Osborne Clarke to cut five jobs in real estate group
18-Nov-2010
Osborne Clarke is set to make up to five redundancies in its real estate department, with the London and Reading offices expected to be affected.
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Stephenson Harwood's revenue jumps 16 per cent
17-Nov-2010
Stephenson Harwood has posted a 16.6 per cent revenue increase as it becomes the latest firm to report its half-year figures.
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Norton Rose to merge with Canada's Ogilvy and South Africa's Deneys
15-Nov-2010
Norton Rose has announced tie-ups with Canadian firm Ogilvy Renault and South African firm Deneys Reitz.
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Burges Salmon scheme pays off for 31 Halliwells hopefuls
15 November 2010
More than two-thirds of the prospective Halliwells trainees who signed up to a scheme run by Burges Salmon to find them new firms have now landed training contracts.
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Five firms in frame as Vue cinema chain is sold to Doughty Hanson
15 November 2010
A quintet of firms led by Freshfields Bruckhaus Deringer and Skadden Arps Slate Meagher & Flom have landed the prize mandates on the sale of the Vue cinema chain - the third largest in the UK - to private equity house Doughty Hanson.
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Links to level the playing field for German partners
15 November 2010
Firm’s all-equity push places UK and overseas partners’ remuneration disparity under scrutiny
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SJ Berwin, Proskauer abandon merger talks
15 November 2010
SJ Berwin and Proskauer Rose have called off their protracted merger talks almost nine months after they began.
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Three of a mind
15 November 2010
A serene transfer of power and the goodwill towards Lawes belies a harder edge at the top of Freshfields
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SJ Berwin and Proskauer Rose: the talks are over
12-Nov-2010
SJ Berwin and Proskauer Rose have called off their merger talks, more than six months after negotiations began.
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Norton Rose revenue up 9 per cent at half year
9-Nov-2010
Norton Rose has posted a 9 per cent rise in turnover for the first six months of 2010-11, becoming the second top 10 firm so far to reveal its half-year results.
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Twelve lawyers follow SJ Berwin real estate chief to Irwin Mitchell
9-Nov-2010
SJ Berwin has seen a further 12 lawyers from its real estate team follow former practice leader Jon Vivian to Irwin Mitchell.
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CC’s Sweeting elected as new senior partner
8 November 2010
Clifford Chance has elected finance partner Malcolm Sweeting as its new senior partner.
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Debevoise, Norton Rose secure lead roles on Rockefeller’s Europa stake
8 November 2010
Debevoise & Plimpton and Norton Rose have landed the plum roles on Rockefeller Group’s acquisition of a 75 per cent stake in Europa Capital.
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Fishnets and briefs for legal starlet
8 November 2010
Hard-working people that they are, lawyers need to find ways to unwind away from the stresses and strains of the office.
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Freshfields, Mills & Reeve kick off network plan
8 November 2010
Freshfields Bruckhaus Deringer’s move to formalise its referral relationships with national firms has moved a step nearer, with the magic circle outfit working alongside Mills & Reeve on the first matter since the initiative began in the summer.
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SJ Berwin partner duo quit for BLP, Lloyds
8 November 2010
Two partners have quit SJ Berwin in the wake of its disputed managing partner election, with property litigation head Michael Metliss going to Berwin Leighton Paisner (BLP) and competition partner Niamh Grogan to Lloyds Banking Group.
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Taylor Wessing: partner hiring spree will not hinder internal promotions
8 November 2010
Taylor Wessing’s recent capture of a high-profile trio of partners from Barlow Lyde & Gilbert (BLG) is the latest sign that the firm has pushed lateral recruitment at the highest level to the top of its agenda.
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Freshfields names replacement for Lawes as FIG co-head
5-Nov-2010
Freshfields Bruckhaus Deringer has named disputes partner Andrew Hart as joint leader of its global financial institutions group (FIG), replacing senior partner-elect Will Lawes.
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King & Spalding hires Norton Rose's Dubai capital markets head
4-Nov-2010
King & Spalding has beefed up its Dubai office with the hire of Norton Rose debt capital markets chief Rizwan Kanji.
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Sweeting: Clifford Chance is not "driven solely by profits"
4-Nov-2010
Clifford Chance has elected finance partner Malcolm Sweeting as its new senior partner.
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Clifford Chance gears up for senior partner election, part two
3-Nov-2010
All three candidates in the senior partner election at Clifford Chance will stand in a second round of voting, due to get underway imminently, after the first round failed to identify a clear winner.
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Freshfields offers 10 free care sessions to London staff
1-Nov-2010
Freshfields Bruckhaus Deringer has introduced free care sessions for every London employee as part of a beefed-up benefits package.
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CC, Sullivan lead the pack on sale of Brit Insurance
1 November 2010
Clifford Chance and Sullivan & Cromwell head a bevy of leading firms with roles on Brit Insurance’s £888m sale to private equity houses Apollo Management and CVC Capital Partners.
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New boss Day faces tough task uniting a divided SJ Berwin partnership
1 November 2010
As the new managing partner at SJ Berwin, Rob Day today steps into what must be one of the most challenging jobs in the City.
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SJ Berwin split as election exposes pre-merger rift
1 November 2010
As dust settles after contested vote, Day prepares to steer firm to transatlantic tie-up
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CC and Sullivan take lead roles on Brit Insurance buy-out
26-Oct-2010
Clifford Chance and Sullivan & Cromwell head a bevy of leading firms with roles on Brit Insurance’s £888m sale to private equity houses Apollo and CVC.
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CC poll fails to pick senior partner, second round of voting begins
26-Oct-2010
The first round of voting in the Clifford Chance senior partner election has closed with not one of the three candidates polling the 50 per cent of votes required to be declared victorious.
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CC and schoolkids put the world to rights
25 October 2010
Canary Wharf, probably more than any other global financial centre, is a geographical and sociological enigma.
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CC, Freshfields and Herbies pick up roles on Stagecoach bus buy
25 October 2010
Clifford Chance, Freshfields Bruckhaus Deringer and Herbert Smith have taken the leading roles on transport group Stagecoach’s purchase of the operating subsidiaries of the East London Bus Group.
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Chinese lenders turn to Norton Rose for Greek deals
25 October 2010
Norton Rose has advised the Chinese arrangers of three separate loans to three Greek shipping companies totalling $275m (£172m).
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Day wins showdown for SJ Berwin top job
25 October 2010
SJ Berwin has elected Rob Day as its new managing partner after he beat fellow corporate partner Perry Yam in the second round of voting.
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Linklaters on defensive as Freshfields makes incursion into blue-chip stable
25 October 2010
With rivals trying to strike it rich by luring prize clients, Linklaters circles the wagons.
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Macfarlanes introduces senior associate tier
25 October 2010
Macfarlanes, considered one of the most conservative firms in the City, has revamped its career progression system with the introduction of a senior associate level for the first time.
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Food and drink on the menu as SH gears up for office move
22-Oct-2010
Moving can be a stressful experience, but any Stephenson Harwood employees nervous about their impending relocation to new offices at One Finsbury Square can at least rest assured that they will know where to find a decent fry-up on their first morning.
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SJ Berwin names corporate partner Day as next leader
22-Oct-2010
SJ Berwin has elected Rob Day as its new managing partner after he beat fellow corporate partner Perry Yam in the second round of voting.
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Clifford Chance names joint competition heads
21-Oct-2010
Clifford Chance has shaken up its global competition group following this summer’s departure of practice head Simon Baxter by creating dual leadership positions.
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Two-horse managing partner race at SJ Berwin as Mervis is eliminated
18-Oct-2010
There are only two candidates left in the race to become the next SJ Berwin managing partner after litigation partner Hilton Mervis was eliminated in the first round of voting.
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A&L Goodbody and Fried Frank join CC on Permira acquisition
18 October 2010
A&L Goodbody, Clifford Chance and Fried Frank Harris Shriver & Jacobson have landed the mandates advising private equity house Permira on its acquisition of a majority stake in Irish healthcare equipment manufacturer Creganna.
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Clifford Chance gears up for major New Delhi boost
18 October 2010
Clifford Chance is expanding its Indian legal support centre, with the number of lawyers working at its New Delhi facility set to grow to 40.
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Ex-Links boss takes the helm at Vantage
18 October 2010
Linklaters former managing partner Tony Angel has left his job at Standard & Poor’s (S&P) to become chief executive at telehealth company Vantage Diagnostics.
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Liverpool FC takeover saga unlikely to relegate firms’ football focus
18 October 2010
Law firms will always be willing to be players in lucrative soccer deals
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SRA picks ex-Linklaters star to build bridges with City
18 October 2010
Solicitors’ watchdog stops short of creating separate division for leading firms
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US firms lead as Russian web group seeks London listing
18 October 2010
Cleary Gottlieb Steen & Hamilton and Sullivan & Cromwell have taken the lead roles as Russian internet group Mail.ru last week began marketing its London IPO.
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Macfarlanes advises latest bidder for Liverpool FC
12-Oct-2010
Macfarlanes has been handed the mandate to act for the latest bidder to throw his hat into the ring in the battle for control of Liverpool Football Club.
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Cautious optimism for global M&A after third-quarter hike in deal value
11 October 2010
A sluggish global M&A market is showing signs of life, according to latest data on third-quarter deal activity.
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Hammonds takes on ex-Simmons partner
11 October 2010
Hammonds has recruited former Simmons & Simmons partner Mark Norris as head of its London banking practice.
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HBJ Gateley Wareing acts for Lancs CCC on refurb
11 October 2010
HBJ Gateley Wareing has picked up the mandate to act for Lancashire County Cricket Club on the redevelopment of its Old Trafford ground.
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PE house goes Weil for in-house role
11 October 2010
Private equity house Blackstone Group has beefed up its in-house legal offering with the appointment of corporate associate Geoffrey Bailhache from Weil Gotshal & Manges.
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SJ Berwin Paris fund contingent nabs leading role on AIP close
11 October 2010
SJ Berwin’s Paris funds team has secured the lead role acting for BNP Paribas-backed Antin Infrastructure Partners (AIP) on the close of a e1.1bn (£0.95bn) fund.
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TLT Solicitors gains place on Interserve property panel
11 October 2010
TLT solicitors has won a place on Interserve’s two-firm property support panel, replacing Eversheds, which opted not to tender.
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Macfarlanes names new managing partner, re-elects senior partner
8-Oct-2010
Macfarlanes has named banking and finance head Julian Howard as its next managing partner.
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Shearman, Slaughters and Weil advise on sale of Liverpool FC
6-Oct-2010
Shearman & Sterling, Slaughter and May and Weil Gotshal & Manges have netted the prize roles on the proposed takeover of Liverpool Football Club by the owner of US baseball franchise the Boston Red Sox.
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Akin Gump and Cleary advise on £14bn VimpelCom acquisition
4-Oct-2010
US duo Akin Gump Strauss Hauer & Feld and Cleary Gottlieb Steen & Hamilton have landed the prize mandates on a deal to create a $21.5bn (£13.58bn) mobile phone group.
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BLG financial services head quits for Taylor Wessing
4-Oct-2010
Barlow Lyde & Gilbert financial services chief Tim Strong has left to join Taylor Wessing less than a year after the firm created the specialised practice area.
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Henmans
27 September 2010
Single-site Oxford firm Henmans is busily working on shedding its old-fashioned image.
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CC, Milbank and Skadden score Permira telecom deal
20 September 2010
Clifford Chance, Milbank Tweed Hadley McCloy and Skadden Arps Slate Meagher & Flom have landed the key roles on private equity house Permira’s acquisition of Asia Broadcast Satellite holding company Kingsbridge.
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Macfarlanes instructed on Four Seasons debt restructure
20 September 2010
Macfarlanes has claimed the prize role acting for longstanding client Four Seasons Health Care on the restructuring of £800m of debt.
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Will and Ted’s excellent adventure
20 September 2010
Voting for the senior partner role at Freshfields Bruckhaus Deringer got underway this week, with partners at the firm finding it hard to separate the two candidates.
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XXIV Old Buildings signs up Appleby litigator
20 September 2010
Appleby litigation senior associate Keith Robinson will join XXIV Old Buildings as a member of chambers next month.
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Corporate: Reasons to be cheerful?
17-Sep-2010
Although the corporate practices of the top 20 firms suffered an average fall in revenue, by the end of the year things were pretty much the same as before.
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Freshfields unveils CEO candidates on eve of senior partner vote
15-Sep-2010
Freshfields Bruckhaus Deringer chief executive Ted Burke will continue in his role if he loses the upcoming senior partner election to Will Lawes, The Lawyer can reveal.
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MJ Hudson hires new partner for City private equity push
14-Sep-2010
MJ Hudson, the boutique funds firm set up by former SJ Berwin private equity partner Matthew Hudson, has made its first partner hire since launching in the summer.
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Links jumps on high yield bandwagon with Cravath hire
13-Sep-2010
Linklaters has become the latest magic circle firm to recruit a high yield specialist to its partnership with the arrival of Cravath Swaine & Moore counsel Mark Hageman.
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Churches and TV stardom for DLA man
13 September 2010
Most people have done unusual things to impress the opposite sex, but rarely do such exploits lead to a second career as a TV presenter.
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CC, Mayer Brown advise on Shell’s oil refinery divestment to Klesch
6 September 2010
Clifford Chance and Mayer Brown have advised on the sale of a Royal Dutch Shell refinery in Germany to private equity house Klesch & Co.
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Does failure of TfL deals spell the end of the line for PPP bonanza?
6 September 2010
?Project finance practices could face tough times as PFI shrinks. By Gavriel Hollander
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Eversheds pursues HK growth with hire
6 September 2010
Eversheds has continued to expand its Hong Kong offering with the hire of former Slaughter and May litigation partner Mark Yeadon.
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Focus: David Gold, Golden years
6 September 2010
Herbert Smith stalwart David Gold says his retirement plans don’t involve golf or gardening instead he’s starting out with a DoJ-appointed role making sure BAE remains ethically sound
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German contender enters CC senior partner race
6 September 2010
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.
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Holman trio form marine boutique in City
6 September 2010
Holman Fenwick Willan partners Jonathan Campbell, Alistair Johnston and Julian Clark have left the firm to set up a marine boutique in the City.
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Stephenson Harwood turns to Travers and Wragges for real estate hires
3-Sep-2010
Stephenson Harwood has further bolstered its real estate offering with two lateral partner hires in the department.
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German corporate partner to stand for CC senior partner job
3-Sep-2010
The race to replace Stuart Popham as senior partner at Clifford Chance has stepped up a notch with German corporate partner Daniela Weber-Rey telling partners she is planning to stand.
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Withers signs Asian wealth tie-up as precursor to Shanghai launch
1-Sep-2010
Withers has put Asian expansion at the centre of its strategy after announcing a tie-up with Chinese financial services advisory firm BeA-asia.
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Trio of firms seal £855m Singapore Sports Hub PPP
26-Aug-2010
Ashurst, Hogan Lovells and Norton Rose secured leading roles on the financial close of the S$1.8bn (£855m) Singapore Sports Hub PPP.
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Hogan Lovells, Links and Withers advise on Jaguar Land Rover refinancing
24-Aug-2010
Hogan Lovells, Linklaters and Withers have secured lead roles on a financing plan for Jaguar Land Rover worth in excess of £500m. The transaction will harmonise the terms of separate facilities provided to Land Rover and Jaguar Cars.
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Ward Hadaway hires ports expert for Leeds office
23-Aug-2010
Ward Hadaway has hired Schofield Sweeney commercial and competition partner Andrew Finfer to bolster its Leeds office.
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Davis Polk, Jenner & Block advise on General Motors IPO
20-Aug-2010
US firms Davis Polk & Wardwell and Jenner & Block have landed the top roles on General Motors’ initial public offering (IPO).
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Hammonds scores another West Ham FC deal
20-Aug-2010
Hammonds corporate partner David Hull has acted on a second major football deal in a week after advising on a £4m investment in West Ham United.
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Burness pays bonus to all staff after strong financial year
20-Aug-2010
Scottish firm Burness has awarded a 5 per cent discretionary bonus to all employees following its improved financial performance in 2009-10.
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Ex-miners take firms to court over 'inadequate compensation'
18-Aug-2010
At least eight firms are today facing legal action from around 25 former coalminers who claim they received inadequate compensation under a Government scheme.
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Dorsey turns to Brown Rudnick for corporate hire
17-Aug-2010
Dorsey & Whitney has bolstered its London office with the hire of Brown Rudnick corporate partner Roger Gregory as partner.
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CC and Latham act on Intesa Sanpaolo's £10bn bond offer
17-Aug-2010
Clifford Chance and Latham & Watkins have bagged roles on Intesa Sanpaolo’s $15bn (£9.6bn) medium-term note programme bond offer.
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Ashurst PDL is the cat’s whiskers with prize-winning second career as children’s author
16 August 2010
Some might say that being a professional development lawyer (PDL) at a top firm is the perfect training ground if you want to understand the mindset of a child.
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Davis-White new chair of Chancery Bar
16 August 2010
Malcolm Davis-White QC of 4 Stone Buildings has been elected as chairman of the Chancery Bar Association.
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Day tipped as next SJ Berwin chief
16 August 2010
Rob Day has emerged as the early favourite to take over from departing Ralph Cohen as managing partner at SJ Berwin.
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LUPC unveils legal services panel firms
16 August 2010
The London Universities Purchasing Consortium (LUPC) has named 13 firms on its legal services panel.
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Magic circle seeks to make impact on US-dominated high-yield market
16 August 2010
New hires highlight UK firms’ ambition to break into sector.
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Notts County FC caught offside in wrangle over unpaid invoices
16 August 2010
City Law Financial has launched a legal battle with former client Notts County Football Club, claiming £300,000 in unpaid fees.
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Taylor Wessing engages BRIC ‘territory partners’
16 August 2010
Taylor Wessing has put growth in the BRIC territories (Brazil, Russia, India, China) at the forefront of its international plans with the appointment of ’territory partners’ to oversee development in key jurisdictions as the firm examines the possibility of opening new offices.
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SJ Berwin managing partner to stand down ahead of potential merger
10-Aug-2010
SJ Berwin managing partner Ralph Cohen is to stand down from the role in the autumn, 18 months before the end of his term was due to end.
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CC partner charged with assaulting girlfriend in Gleneagles Hotel
9-Aug-2010
Clifford Chance Japan corporate head Alan Kitchin has been charged with assaulting his partner at Scotland’s Gleneagles Hotel.
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Links and Weil advise on £2bn sale of RBS's credit card arm
9-Aug-2010
Linklaters and Weil Gotshal & Manges bagged the leading roles on the £2bn sale of a majority stake in RBS’s Global Merchant Services arm to private equity houses Advent International and Bain Capital.
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Ashurst makes rare senior appointment
9 August 2010
Ashurst has made the first hire into its City corporate department since 2008 with the capture of Nabarro financial services regulation head Rob Moulton.
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CC comes to rescue of last two City-based Halliwells trainees
9 August 2010
Clifford Chance has offered training contracts to the two London-based first-year trainees left jobless after Halliwells went into administration last month.
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Santander institutes corporate asset roster
9 August 2010
Banco Santander has launched a revamp of its external legal advisers with the introduction of a series of ’soft panels’ to sit underneath its main legal roster.
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Top corporate practices fend off worst effects of slump
9 August 2010
For the UK’s top corporate practices 2009-10 was very much a case of plus ça change, plus c’est la même chose, with dealflow still in decline and competition for the work that remains as tough as ever.
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Camerons invites clients to pay what they want for legal work
5-Aug-2010
CMS Cameron McKenna has launched a marketing campaign to promote its alternative billing structures, which include a ‘pay what you think its worth’ option, to clients.
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Travers advises on launch of Metro Bank
5-Aug-2010
Travers Smith has landed a prime role in the establishment of the first high street bank in the UK for more than 100 years.
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Slaughter and May leads on Santander acquisition of RBS branches
3-Aug-2010
Slaughter and May and Linklaters are advising on Santander’s purchase of 318 high street branches from the Royal Bank of Scotland, mainly in the north west of England.
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Burges Salmon sets up job site for Halliwells trainees
2 August 2010
Students whose Halliwells training contracts were cancelled after the firm went into administration have been offered a potential lifeline by Burges Salmon.
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LG and Pinsents pull ahead in AIM game as quality supplants quantity
2 August 2010
The latest Hemscott rankings for legal advisers on AIM see Pinsent Masons retaining a slender advantage in terms of total client numbers, with LG boasting a healthy lead in terms of market capitalisation.
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Links and Rosenblatt score Channel 5 sale
2 August 2010
Linklaters and Rosenblatt Solicitors claimed the prize mandates acting on the e125m (£104.56m) sale of Channel 5 to Daily Express owner Richard Desmond’s Northern & Shell publishing group.
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Taylor Wessing hikes insurance practice
2 August 2010
Taylor Wessing has hired litigation partner Susannah Wakefield from Bermuda firm Attride-Stirling & Woloniecki, where she was a counsel.
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Clifford Chance and Freshfields act on PartyGaming-bwin merger
30-Jul-2010
Magic circle duo Clifford Chance and Freshfields Bruckhaus Deringer have bagged the leading mandates advising on the €2bn (£1.7bn) merger of online gaming sites PartyGaming and bwin.
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CC's Popham predicts UK firms will enter India within two years
30-Jul-2010
Clifford Chance senior partner Stuart Popham has said he expects UK law firms to have a presence in India within two years, as long as a free trade agreement with the EU is signed.
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Clifford Chance seeks successor to senior partner Popham
29-Jul-2010
Clifford Chance has kicked off the election process to find the replacement for current senior partner Stuart Popham.
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Clifford Chance loses another partner as Brock defects to Mallesons
27-Jul-2010
Clifford Chance’s former Asian litigation chief Denis Brock has left the magic circle firm to join Mallesons Stephen Jaques’ Hong Kong office.
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Freshfields goes big on high-yield with Simpson Thacher swoop
26 July 2010
Freshfields Bruckhaus Deringer has taken the rare step of bringing in a non-partner from a rival firm as an equity partner.
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O’Melveny bags top role on Coller’s Bank of Scotland deal
26 July 2010
O’Melveny & Myers secured the prize mandate acting for longstanding client Coller Capital on its acquisition of a majority stake in Bank of Scotland’s private equity business.
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SAS Daniels COO joins equity ranks
26 July 2010
SAS Daniels has become the latest firm to promote a non-lawyer into its equity partner ranks. Chief operating officer (COO) Andrew Perry has taken over responsibility for the central management of all the firm’s offices across Cheshire. Perry joined the firm as business manager in 2003. “Equity status adds an even greater level of involvement and commitment,” he said, “and that’s a real motivator for me.” SAS Daniels joins a growing number of firms to have promoted non-lawyers into ...
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SJ Berwin guides new client on e800m fund
26 July 2010
SJ Berwin’s funds team has scored a new client in the shape of European LBO firm Gilde Buy Out Partners, acting for it on a new €800m (£677.48m) fund.
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Simon Cowell calls in Matrix silk against Britain's Got Talent claimant
23-Jul-2010
Matrix Chambers has been instructed by both co-respondents in a £2.5m employment tribunal claim brought by a Britain’s Got Talent contestant against Simon Cowell and the show’s production company, FremantleMedia.
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Coller Capital distances itself from MJ Hudson funding claim
22-Jul-2010
Private equity firm Coller Capital has denied that it has agreed to take an equity stake in Matthew Hudson’s newly created funds boutique.
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Linklaters in line for India tax bill after court ruling
20-Jul-2010
Linklaters could be facing up to a major tax bill for its India-related work following a Mumbai Income Tax Appellate Tribunal (ITAT) decision to apply a retrospective amendment to its Income Tax Act
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Norton Rose raids DLA Piper HK for IP duo
20-Jul-2010
Norton Rose has continued to grow its Asian footprint with the hire of two IP partners from DLA Piper’s Hong Kong office.
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Private equity-backed funds boutique MJ Hudson opens its doors
19-Jul-2010
Former SJ Berwin private equity partner Matthew Hudson has launched his own practice with backing from private equity house Coller Capital.
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Ashurst and Orrick assemble investment deal for IKEA arm
19 July 2010
Ashurst and Orrick Herrington & Sutcliffe have scored leading roles on the investment by Landprop - the development arm of the Inter IKEA Group - in a 12.9 acre site near the London 2012 Olympic Park.
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CC advances global plan with Norman’s Dubai swap
19 July 2010
Clifford Chance corporate partner Guy Norman’s imminent move to Dubai, announced by the firm last week, is the latest in a string of relocations that has served to underline the firm’s international strategy.
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Freshfields scheme aims to up female partner count
19 July 2010
Freshfields Bruckhaus Deringer has introduced a pilot mentoring scheme for senior female associates in a bid to up its female partner numbers, echoing the ’female buddy’ initiative it launched in 2006.
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Man Utd reappoints Pinsents as part of panel review
19 July 2010
Manchester United FC is in the process of reviewing its five-strong legal panel, with Pinsent Masons already reappointed.
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SJ Berwin hikes funds nous with Babcock hire
19 July 2010
SJ Berwin has moved to bulk up its infrastructure funds practice with the hire of Babcock & Brown general counsel Michelle Thomsen as partner.
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Travers leads as ‘Project New Bank’ targets state assets
19 July 2010
Travers Smith has bagged a lead role advising on the creation of a new banking venture that will target state-owned assets.
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White & Case takes on listing for AFI Development
19 July 2010
White & Case has advised Russian property developer AFI Development on a premium listing on the London Stock Exchange (LSE).
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Ashurst, Ropes and SullCrom advise on £1bn Ontex sale
16-Jul-2010
Ashurst, Ropes & Gray and Sullivan & Cromwell have scored major roles on one of the largest European private equity buyouts of the year - the €1.2bn (£1bn) sale of Belgian manufacturing company Ontex to Goldman Sachs PIA and TPG Capital.
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Weil Gotshal reinstates London associate lockstep
15-Jul-2010
Weil Gotshal & Manges has become the latest firm to lift its salary freeze for London-based associates.
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Freshfields trials flexi-working in corporate team
15-Jul-2010
Freshfields Bruckhaus Deringer has begun a pilot scheme to allow associates to take advantage of a suite of alternative working arrangements, including job-sharing, as part of its ongoing employee engagement programme.
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Kraft star to relocate to Dubai as Clifford Chance ups ante on partner mobility
13-Jul-2010
Clifford Chance has continued its policy of relocating senior partners to key jurisdictions away from London with the secondment of corporate dealmaker Guy Norman to Dubai
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Macfarlanes' revenue drops 7 per cent
12-Jul-2010
Macfarlanes has unveiled a 6.7 per cent revenue fall for the 2009-10 financial year, with fees dropping from £99m to £92.4m.
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Dewey, Links lead on Irish listing of Russian bank
12 July 2010
Dewey & LeBoeuf and Linklaters have scored leading roles on the debut note listing of state-owned Russian bank Vnesheconobank (VEB).
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Mind the gap: financial results reveal magic circle split
12 July 2010
Last week Linklaters reported its financial results for 2009-10, revealing the biggest fall in average profit per equity partner (PEP) of any of the top 10 UK firms.
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Opportunities abound as FSA makes way for the Economic Crime Agency
12 July 2010
Can niche players retain their go-to status as City firms start to circle?
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SJ Berwin-Proskauer merger looms as talks focus on Asia
12 July 2010
SJ Berwin has ramped up its merger talks with Proskauer Rose, with the two firms setting up a series of get-togethers between practice groups following a partnership meeting at the City firm last month.
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Travers Smith sees PEP soar 53 per cent to £705,000
9-Jul-2010
Travers Smith has staged a stunning financial recovery, with revenues projected to be £72m for the 2009-10 financial year.
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Freshfields sees turnover and profit fall in 2009-10
8-Jul-2010
Freshfields Bruckhaus Deringer has unveiled an 11 per cent drop in revenue for 2009-10, posting a global figure of £1.14bn.
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Freshfields advises BP on Gulf of Mexico oil spill
7-Jul-2010
Freshfields Bruckhaus Deringer has snared a leading role acting for BP in its defence of any potential takeovers in the wake of the Gulf of Mexico oil disaster.
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Norton Rose posts 6 per cent PEP drop
7-Jul-2010
Norton Rose’s average profit per equity partner figure (PEP) for 2009-10 has fallen by 6 per cent to £486,000, following a 17 per cent dip last year.
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Clifford Chance posts 25 per cent PEP uplift
7-Jul-2010
Clifford Chance has boosted its average profit per equity partner (PEP) figure by 25 per cent in the past financial year, posting what managing partner David Childs described as a “strong set of results in difficult market conditions”.
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A&O and Weil act on Thomson Reuters' acquisition of Complinet
6-Jul-2010
Allen & Overy (A&O) and Weil Gotshal & Manges have scored plum roles on the sale of regulatory and compliance solutions provider Complinet to Thomson Reuters.
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Clifford Chance names Tinkler as London corporate head
6-Jul-2010
Clifford Chance has elected Simon Tinkler as its new London corporate chief after David Pearson completed two terms in the role.
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Dispute resolution expert joins Serle Court
5 July 2010
Former Court of Appeal (CoA) civil division vice president Sir Mark Waller has joined Serle Court’s alternative dispute resolution panel as an arbitrator and mediator.
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Farrers and Bordens team up on golden deal
5 July 2010
Farrer & Co and Canadian firm Borden Ladner Gervais have acted on a rare secondary investment in the AIM market.
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Kirkland leads on innovative debt repackaging for Gala Coral
5 July 2010
Gala Coral’s mezzanine debt buyout was ambitious, but how far-reaching is it? By Gavriel Hollander
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Links all-equity push sees PEP drop as revenues stall
5 July 2010
93 per cent of firm’s partners now equity, from 83.5 per cent in 2009
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Osborne Clarke's PEP rises on flat turnover figure
2-Jul-2010
Osborne Clarke has posted a 12 per cent rise in average profit per equity partner (PEP) for 2009-10, with partners taking home an average of £393,000.
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Ashurst creates global corporate head role as part of practice revamp
1-Jul-2010
Ashurst has completed a major revamp of its corporate management structure with Stephen Lloyd taking up the newly created role of global corporate head.
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White & Case hires SJ Berwin co-arbitration head for Moscow push
1-Jul-2010
SJ Berwin’s co-head of arbitration David Goldberg is set to join White & Case’s London office next month.
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Clifford Chance elects London property head as McAuley announces retirement
30-Jun-2010
Clifford Chance has elected Jonathan Solomon as head of its London real estate practice following the announcement that outgoing chief Cliff McAuley is to retire.
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Clayton Utz hires Freshfields partner following A&O raid
30-Jun-2010
Clayton Utz has continued its rebuilding process following the departure of 14 partners to form Allen & Overy’s nascent Australian practice with the recruitment of Freshfields Bruckhaus Deringer project finance partner Bruce Cooper.
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Australia's AAR hires Clifford Chance partner for Singapore base
30-Jun-2010
Allens Arthur Robinson has hired Clifford Chance asset finance partner Rod Howell as the Australian firm ramps up its Singapore offering.
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TLT hires Halliwells litigation duo for nascent City office
28-Jun-2010
TLT has swooped for Halliwells finance litigation partners David Pacey and Richard Clayton as the fallout from the Manchester firm’s move into administration continues.
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Burges Salmon boosts insolvency team with Taylor Wessing hire
28-Jun-2010
Burges Salmon has hired Taylor Wessing’s head of restructuring and corporate recovery Patrick Cook as a partner in its corporate turnaround and insolvency team.
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Camerons switches to merit-based structure
21 June 2010
CMS Cameron McKenna has ditched its associate lockstep remuneration model in favour of a merit-based system.
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Financials: LG ‘delighted’, Norton Rose ‘down a little’
21 June 2010
LG and Norton Rose are the latest firms to announce their 2009-10 financials, with the London South Bank neighbours producing markedly different results.
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LG and TLT hit the right spot with snooker rights deal
21 June 2010
LG and TLT have potted leading roles on promoter Barry Hearn’s acquisition of the commercial rights of the World Professional Billiards and Snooker Association (WPBSA).
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MAB brings in Roiter Zucker founder
21 June 2010
Roiter Zucker founding partner John Zucker has joined Matthew Arnold & Baldwin as a consultant in the corporate team.
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Media trio instruct third party in defamation case
21 June 2010
Three news organisations have made the rare move of instructing counsel to intervene as a third party in a defamation case in the Court of Appeal in order to protect the ’fair comment’ defence.
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SJ Berwin announces investigations offering
21 June 2010
SJ Berwin has launched a corporate investigations group to assist corporate and financial services clients on multijurisdictional investigations.
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SJ Berwin cleans up with Wheb Ventures launch
21 June 2010
SJ Berwin’s funds team has advised on its second closure this month with the launch of Wheb Ventures’ £105m Clean Technology Investment Fund.
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Norton Rose turnover falls 2 per cent during 2009-10
18-Jun-2010
Norton Rose has posted a 2 per cent drop in turnover for the 2009-10 financial year, with profit per equity partner (PEP) also expected to be slightly down on last year.
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Freshfields and Links lead on RBS's UAE sell-off
17-Jun-2010
Magic circle duo Freshfields Bruckhaus Deringer and Linklaters have bagged the leading roles on the sale of RBS’s UAE retail banking business to Abu Dhabi Commercial Bank (ADCB).
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Revenue drops 7 per cent at SJ Berwin, PEP nudges up
16-Jun-2010
SJ Berwin has announced a 7 per cent drop in turnover for the 2009-10 financial year, with fee income falling from £184m last year to £171m.
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Saville Inquiry
16-Jun-2010
The conclusion of Lord Saville’s inquiry into the events of Bloody Sunday has brought into sharp focus the need to reduce both the cost and duration of public inquiries, according to some of lawyers involved.
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Saville Report: the lawyers involved
15-Jun-2010
The release of the Saville Report into the events around the Bloody Sunday shootings in Londonderry in 1972 has signalled the end of involvement for dozens of law firms and barristers.
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Herbies and Skadden lead on News Corp's £7.8bn BSkyB bid
15-Jun-2010
Herbert Smith and Skadden Arps Slate Meagher & Flom have won the leading roles on News Corp’s £7.8bn bid to buy up the remaining shares in BSkyB.
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CC global litigation head to combine role with London remit
15-Jun-2010
Clifford Chance has elected global litigation chief Jeremy Sandelson to head its London litigation practice.
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Clifford Chance reelects Middle East head
15-Jun-2010
Clifford Chance has elected Graham Lovett as its Middle East managing partner for a second term following a partner vote in the region.
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Camerons in on €2bn wind farm joint venture
14 June 2010
CMS Cameron McKenna has advised on a joint venture to create a major wind farm development off the coast of North Wales.
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Freshfields and Ashurst guide £860m ABB offer for Chloride
14 June 2010
Ashurst and Freshfields Bruckhaus Deringer have landed the key mandates on Swiss engineering group ABB’s recommended offer for power equipment supplier Chloride.
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Latest departures at Ashurst put client loyalty under the spotlight
14 June 2010
City firm insists it is still a major force despite loss of top talent.
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People moves
14 June 2010
Addleshaw Goddard has appointed Jonathan Watson as legal director of its financial regulation practice.
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Camerons withholds staff bonus for second year
10-Jun-2010
CMS Cameron McKenna has withheld the firmwide bonus payable to all staff for the second year running after the firm missed its turnover target.
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Norton Rose continues Asian drive with China hire
10-Jun-2010
Norton Rose has boosted its Beijing practice with the hire of corporate partner Michael Yu from Global Law Office, highlighting the firm’s increasing push into the Asian market.
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TPG turns to Cravath for hire of general counsel
9-Jun-2010
Cravath Swaine & Moore corporate partner Ronald Cami has joined private equity house TPG Capital as general counsel.
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Big thinkers
7 June 2010
Man Investment is poised to go up a league in the fund management stakes. Gavriel Hollander meets the men running the legal team, Stephen Ross and Jasveer Singh
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City quartet grab a share of £800m Phoenix Group float
7 June 2010
Clifford Chance, Freshfields Bruckhaus Deringer, Hogan Lovells and Simpson Thacher & Bartlett have snared top roles on the proposed £800m flotation of zombie life assurance fund Phoenix Group.
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Eversheds and Olswang sniff out tissue tie-up
7 June 2010
Eversheds and Olswang have acted for the two sides in a tie-up that will see the creation of Europe’s second-largest tissue producer.
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Firm leaders evenly split over ABS issue
7 June 2010
Almost half the managing partners who attended a high-level private summit held by banking group Investec are committed to investigating the use of alternative business structures (ABSs) in their businesses.
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Freshfields pinpoints referral firms ahead of upturn
7 June 2010
Freshfields Bruckhaus Deringer has started informal talks with ’two or three’ national firms about establishing a referral framework to improve efficiency ahead of an uptick in dealflow.
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Kraft fallout threatens M&A landscape as Takeover Panel flexes its muscles
7 June 2010
Will one consultation paper equal a rewrite of the takeover rulebook?
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Prudential rejigs UK legal function
7 June 2010
Prudential has launched a revamp of its UK legal team with the creation of a new head of legal role.
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Trowers expands local govt offering
7 June 2010
Trowers & Hamlins has boosted its local government practice with two new hires.
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Lawyers named in FSA insider dealing case acquitted
3-Jun-2010
The two lawyers accused by the Financial Services Authority (FSA) of insider dealing have been acquitted at Southwark Crown Court.
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23 Essex Street pair defect to Outer Temple
31 May 2010
Outer Temple Chambers has snared husband and wife pair Brendan Finucane QC and Fiona Horlick from 23 Essex Street.
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A&O, SJ Berwin and Links lead on Iceland’s debt-reduction bid
31 May 2010
Allen & Overy (A&O), Linklaters and SJ Berwin have bagged the key mandates on the Central Bank of Iceland’s (CBI) purchase of e938m (£808.44m) in bonds issued by Dutch company Avens in a bid to reduce the country’s external debt.
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Davis Polk, Slaughters and Norton Rose take on £1bn Jupiter IPO
31 May 2010
Davis Polk & Wardwell, Norton Rose, and Slaughter and May have landed leading roles on Jupiter Asset Management’s proposed £1bn IPO.
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Financiers and politicians go to war over European financial regulation
31 May 2010
Two early draft versions of AIFMD both ruffle feathers in the City.
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Stewarts Law snags fourth Manches partner
31 May 2010
Stewarts Law has made its fourth lateral partner hire from Manches in the last 15 months, after the capture of commercial litigation partner Keith Thomas.
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TW fills gap with new head of telecoms
31 May 2010
Taylor Wessing has named Alcatel-Lucent corporate counsel Patrick Clark as its new head of telecoms, replacing Ted Mercer who joined Edwin Coe earlier this year.
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Camerons PEP dives below £500,000 as turnover dips 11 per cent
28-May-2010
CMS Cameron McKenna has seen its profits suffer a double-digit drop for the second year running after announcing its results to partners.
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Irwin Mitchell promotes two non-lawyers in partner round
28-May-2010
Irwin Mitchell has made up two non-lawyers to partnership status in this year’s round of partner promotions, marking the firm’s move to become a legal disciplinary practice (LDP).
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Clarke Willmott chair succeeds CEO, who becomes senior partner
28-May-2010
Clarke Willmott has appointed chairman Stephen Rosser as its chief executive following the 11-year tenure of David Sedgwick.
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Stephenson Harwood acts on Piramal deal after Ashurst corporate hire
24-May-2010
Stephenson Harwood corporate partner Andrew Edge has scored his first major deal since moving from Ashurst earlier this year after advising India’s Piramal Healthcare on the $3.7bn (£2.57bn) sale of its pharmaceutical unit to Abbott Laboratories.
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Camerons battles backlash from controversial outsourcing deal
24 May 2010
CMS CAMERON McKenna has admitted that a number of elements of its business support function may be retained in-house after facing a barrage of criticism over its deal with outsourcing specialist Integreon.
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Julius: the UK needs its intellectuals
24 May 2010
MISHCON de Reya deputy chairman Anthony Julius is adamant that he isn’t a workaholic
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LfB pilots Patriot’s buyout of West Midlands airport
24 May 2010
BIRMINGHAM-based ’virtual’ law firm Lawyers for Business (LfB) has advised Patriot Aerospace on its acquisition of Coventry Airport.
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London corporate to spearhead Hogan Lovells’ staff integration
24 May 2010
HOGAN Lovells’ London corporate practice has put in place a series of measures to encourage speedier integration between each side of the merged firm.
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Stepping down
24 May 2010
As Freshfields’ co-senior partner prepares to take his leave, he puts on his salesman’s hat to highlight the firm’s successes and spell out thechallenges for the future
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Trio of firms primed to push bids on potential £3bn RBS division sell-off
24 May 2010
CLIFFORD Chance, Freshfields Bruckhaus Deringer and Weil Gotshal & Manges have lined up to represent competing bidders on the auction of RBS’s payment processing arm, with Linklaters winning the mandate on the sale side.
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Olswang eschews associate lockstep with new pay scheme
21-May-2010
Olswang has become the latest firm to move away from the associate lockstep model after introducing a new pay scheme for its junior lawyers.
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Herbies and Links advise on £3.3bn National Grid cash call
20-May-2010
Herbert Smith and Linklaters have taken leading roles on the £3.3bn cash call by energy provider National Grid.
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A&O and CC win key roles on Man Group's £1.1bn GLG buyout
19-May-2010
Allen & Overy (A&O) and Clifford Chance joined a trio of US firms on Man Group’s $1.6bn (£1.1bn) acquisition of hedge fund GLG partners in a deal that has seen the creation of a combined entity with $63bn of assets under management.
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Milbank launches European antitrust practice with SJ Berwin hire
18-May-2010
SJ Berwin has lost its German head of EU and competition after Milbank Tweed Hadley & McCloy swooped for Alexander Rinne to launch its own European antitrust practice.
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Weil, CC and Uria act on ONO refinancing
18-May-2010
Weil Gotshal & Manges, Clifford Chance and Uria Menendez have claimed leading roles on Spanish telecoms operator ONO’s €3.5bn (£3bn) refinancing package.
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Herbies and Slaughters lead on Prudential fundraising
17-May-2010
Herbert Smith and Slaughter and May have taken lead roles on Prudential’s delayed $21bn (£14.6bn) rights issue, which will provide part funding for its acquisition of American International Group’s (AIG) Asian insurance arm AIA.
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Taylor Wessing promotes 12 in depleted round
17-May-2010
Taylor Wessing has made up 12 associates to its partnership, with just two in London, in a reduced round of partner promotions.
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Camerons outsources back office for £600m
17 May 2010
CMS Cameron McKenna has signed a £600m deal with outsourcer Integreon for it to supply its entire back office function.
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FFW’s ID card work to survive change of govt
17 May 2010
Field Fisher Waterhouse (FFW) has been assured that the Government’s plan to scrap the controversial ID cards scheme will not see it lose out on its work on the project.
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Focus: Lawyer Parliamentary Candidates - Win some, lose some
17 May 2010
Many called, but few were chosen - the winners and losers who vied for political office from the ranks of the legal profession
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Nabarro and Norton Rose lead on ING’s takeover of Rugby Reit
17 May 2010
Nabarro and Norton Rose have claimed leading roles on a deal that will see ING’s offshore real estate arm take over a portfolio of properties from Rugby Real Estates Investment Trust (Rugby Reit).
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Top firms oversee TfL’s £310m purchase of Tube Lines venture
17 May 2010
CMS Cameron McKenna, Freshfields Bruckhaus Deringer, Hogan Lovells and Norton Rose have won mandates advising on various aspects of the sale of the Tube Lines consortium to Transport for London (TfL).
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Osborne Clarke to take four-sector approach following review
14-May-2010
Osborne Clarke has identified four key sectors in an overhaul of its strategy as it bids to target high end clients.
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Camerons outsources all support services in £600m deal
14-May-2010
CMS Cameron McKenna has become the first firm to outsource its entire business support function after agreeing a £600m deal with Integreon.
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Travers welcomes four new partners in promos round
12-May-2010
Travers Smith has promoted four lawyers to its partnership for the third year running.
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Links' Paris chief becomes firmwide commercial head
12-May-2010
Linklaters has named Paris managing partner Arnaud De La Cotardière as its new commercial head.
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Herbies and Latham lead on Al Fayed's Harrods sell-off
10-May-2010
Herbert Smith and Latham & Watkins have bagged lead roles on the £1.5bn sale of Harrods to the investment arm of the Qatari Investment Authority (QIA).
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Ashurst, Simpson Thacher lead on Candover takeover
10 May 2010
Ashurst and Simpson Thacher & Bartlett have bagged leading roles on the proposed takeover of private equity firm Candover by Canadian pension fund Alberta Investment Management Company (Aimco).
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CC, Weil secure Warburg Pincus’s £200m acquisition of Poundland
10 May 2010
Clifford Chance and Weil Gotshal & Manges have taken prime roles on the all-equity sale of Poundland to US-based private equity house Warburg Pincus.
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MAB and McGrigors act on Asda’s partnership with website
10 May 2010
Matthew Arnold & Baldwin (MAB) and McGrigors have advised on an agreement between supermarket giant Asda and price comparison website mysupermarket.co.uk.
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Proskauer funds team to drive SJ Berwin talks
10 May 2010
After Orrick rejection, SJ Berwin targets global private equity via US tie-up
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The Lawyer Awards corporate shortlisters defy the downturn
10 May 2010
A wide range of deals in face of adversity creates contenders.
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SJ Berwin pursues merger with Proskauer after Orrick talks break down
6-May-2010
SJ Berwin is in talks with Proskauer Rose over a potential merger, a senior source at the City firm has confirmed.
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Orrick pulls out of merger talks with SJ Berwin
4-May-2010
Orrick has put a stop to merger talks with SJ Berwin less than two weeks after it emerged as frontrunner for a tie-up with the City firm.
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London dominates as Clifford Chance adds 22 to partnership
4-May-2010
Clifford Chance has promoted 22 lawyers to partner, five more than were made up last year.
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A&O, Cleary and Herbies lead on Bank of Ireland fundraising
3 May 2010
Allen & Overy (A&O), Cleary Gottlieb Steen & Hamilton and Herbert Smith led a clutch of firms advising on Bank of Ireland’s (BoI) e3.4bn (£2.9bn) integrated debt and equity capital raising.
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Timing right as Links’ new corporate chief is free to focus on client work
3 May 2010
With the global networks in place, Jeremy Parr can get on with what he’s best at.
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Macfarlanes promotes just one in depleted round of promos
27-Apr-2010
Macfarlanes has become the latest firm to cut the number of new partners it has made up with just one associate being promoted.
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Linklaters hands EEMEA remit to India head
27-Apr-2010
Linklaters has named India head Sandeep Katwala as the new managing partner of its Emerging Europe, Middle East and Africa (EEMEA) practice.
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A&O, Cleary and Herbies lead on Bank of Ireland fundraising
26-Apr-2010
Allen & Overy (A&O), Cleary Gottlieb Steen & Hamilton and Herbert Smith led a clutch of firms advising on Bank of Ireland’s (BoI) €3.4bn (£2.9bn) integrated debt and equity capital raising.
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Linklaters promotes eight City partners in 14-strong round
26-Apr-2010
Linklaters has made up 14 new partners, with eight coming from the ranks of its London lawyers.
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Brave few buck the promotions trend as majority plump for consolidation
26 April 2010
This year’s round of partner promotions reveals a market in which law firms are still cautious about promoting talent. However, there is some relief in the associate ranks, with numbers generally stabilising after tailing off dramatically this time last year.
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CC, Cleary gear up for e4.5bn Volkswagen capital raising
26 April 2010
Clifford Chance and Cleary Gottlieb Steen & Hamilton have secured prize roles on one of Europe’s biggest capital raisings of recent times - Volkswagen’s e4.5bn (£3.9bn) rights issue.
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Farrers faces French trial over NGN-Mosley farrago
26 April 2010
Farrer & Co is facing court action in France over its role acting for News Group Newspapers (NGN) in its 2008 battle with former FIA (Fédération Internationale de l’Automobile) president Max Mosley.
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Farrers hires boost commercial property
26 April 2010
Farrer & Co has moved to bolster its commercial property team with a pair of senior lateral partner hires, with a third partner also joining to boost its commercial disputes practice.
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Law versus the volcano: what some lawyers will do to get back to the office
26 April 2010
If you had asked lawyers a fortnight ago what might cause the biggest disruption to their work you would have received a few different answers.
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Links’ global partnership meeting turns to dust
26 April 2010
The continuing disruption caused by the eruption of the Icelandic volcano has forced Linklaters to cancel its annual global partnership meeting.
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Matrix to focus on diversity and environment
26 April 2010
Matrix Chambers has put diversity and the environment at the forefront of its new core values ahead of the set’s tenth birthday.
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Pinsents, SJ Berwin score CareTech deal
26 April 2010
Pinsent Masons and SJ Berwin have secured the mandates on AIM-listed healthcare company CareTech Holdings’ £165m debt refinancing.
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Freshfields to name sole senior partner when Mettenheimer and Morton stand down
23-Apr-2010
Freshfields Bruckhaus Deringer has opted to ditch the dual senior partner role with a single partner filling the position following an autumn election.
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IPA hires Apple Retail legal chief to head legal team
22-Apr-2010
The Institute of Practitioners in Advertising (IPA) has named Apple Retail’s European legal chief Elaine Hutton as its new head of legal.
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Norton Rose promotes 11 in reduced round
21-Apr-2010
Norton Rose has made up 11 new partners, one fewer than last year and five down on 2008’s figure of 16.
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SJ Berwin promotes five London partners in seven-strong round
20-Apr-2010
SJ Berwin has made up seven new partners, an increase of one on last year’s number that has halted a run of two years of falling promotion numbers.
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CC sends duo abroad in emerging markets push
19 April 2010
Clifford Chance has again pushed emerging markets work to the forefront of its strategy following the relocation of two of its most experienced London partners to Saudi Arabia and Russia, while re-emphasising its desire to see juniors spend time in different jurisdictions.
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DAC brings in Manchester insurance chief
19 April 2010
Davies Arnold Cooper (DAC) has named Edward Coulson as head of its Manchester insurance practice.
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Dewey, Hogan share top spot on $370m Saudi shares acquisition
19 April 2010
Dewey & LeBoeuf and Hogan & Hartson have landed the key roles acting for Kingdom Holding Company (KHC) on its $370m (£240.42m) acquisition of the remaining shares in Kingdom Hotel Investments (KHI).
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EDF legal head quits after team revamp
19 April 2010
EDF Energy has begun the search for a new general counsel following the resignation of Jean MacDonald.
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Focus: The General Election, Commons goal
19 April 2010
With less than three weeks to go until the general election, The Lawyer catches up with some of the legal practitioners hoping to become the political stars of the future
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Freshfields, Links lead on Essar’s LSE listing
19 April 2010
Freshfields Bruckhaus Deringer and Linklaters are understood to have secured the top legal roles on the listing of the oil and power arms of Indian industrial conglomerate Essar on the London Stock Exchange (LSE).
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Govt framework firms frustrated by lack of work
19 April 2010
When government agency OGC Buying Solutions established its new legal service framework in 2007, firms of every size and shape were encouraged to pitch for places on one of eight panels in the hope of winning more government work.
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Macfarlanes advises on sale of online design store
19 April 2010
Hammonds, Macfarlanes and Thomson Snell & Passmore have claimed starring roles on the sale of designer Cath Kidston’s global chain of shops to private equity firm TA Associates.
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Nabarro drives through £2bn vehicle deal with armed forces
19 April 2010
Nabarro has claimed a prize mandate acting for winning bidder General Dynamics (GD) following the award of a multibillion-pound Ministry of Defence (MoD) contract, it is understood.
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Olswang associate breaks Oxford tradition by combining law and semi-professional pool
19 April 2010
They say that a talent for pool is the sign of a misspent youth. Some might even say the same about law.
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Race-claim barrister in dismissal appeal
19 April 2010
The barrister who lost an Employment Tribunal racial discrimination case against three members of her former set and its senior clerk has launched an appeal.
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Thorp Alberga opens in HK with double hire
19 April 2010
New offshore firm Thorp Alberga has made a move into Hong Kong with the opening of a new office and the recruitment of two partners from Maples and Calder.
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Clayton Utz takes legal action against A&O defector
16-Apr-2010
Clayton Utz is to pursue legal action against a former partner who defected to set up Allen & Overy’s (A&O) Australian practice earlier this year.
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CC London litigation chief relocates to Moscow, finance co-head to Saudi
15-Apr-2010
Clifford Chance has moved to strengthen two of its key jurisdictions with the relocation of senior partners to offices in the Middle East and Russia.
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Camerons parachutes in private equity 'flying squad'
14-Apr-2010
CMS Cameron McKenna has emphasised its commitment to growing its emerging markets presence with the recruitment of a seven-strong private equity team that was once part of Linklaters CEE ‘flying squad’.
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CC re-examines associate bonuses
12 April 2010
Clifford Chance is set for a radical overhaul of its associate bonus system, with the maximum award now open only to senior associates and payments no longer based primarily on hours worked.
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Centrica invites bids for places on first panel
12 April 2010
Centrica is set to launch a tender for its first-ever legal panel.
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City firms net main roles on sale of online fashion store
12 April 2010
Olswang, Slaughter and May and Withers have won leading roles on the £350m sale of online fashion retailer Net-a-Porter to Swiss luxury goods group Richemont.
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FFW protects new strategy moniker
12 April 2010
Field Fisher Waterhouse (FFW) has revealed its three-year strategy, known as the ’Virtuous Triangle’, and has even gone as far as trademarking the term.
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Freshfields beats Shearman to seal Daimler’s three-way merger
12 April 2010
Freshfields Bruckhaus Deringer has landed a lead role ahead of go-to adviser Shearman & Sterling on Daimler’s tie-up with Renault and Nissan.
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Macfarlanes leads on Hermes- Gartmore private equity tie-up
12 April 2010
Macfarlanes, Simmons & Simmons and Travers Smith have bagged the mandates on the merger of the private equity arms of investment managers Gartmore and Hermes.
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Reed Smith lures Hammonds Munich trio
12 April 2010
Reed Smith has boosted its TMT practice in Munich with the hire of a three-lawyer team from Hammonds.
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Shepherds corporate chief elected chair
12 April 2010
Scottish firm Shepherd and Wedderburn has elected corporate chief James Will as its new chairman.
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Norton Rose and Slaughters advise as BA-Iberia tie-up gets green light
8-Apr-2010
The tie-up between British Airways (BA) and Iberia has been rubber stamped with Norton Rose and Slaughter and May landing the UK mandates.
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2Birds taps Orrick for double corporate partner hire
7-Apr-2010
Bird & Bird has bolstered its corporate team with the hire of two partners from Orrick Herrington & Sutcliffe.
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Freshfields beats Shearman to advise Daimler on three-way car deal
7-Apr-2010
Freshfields Bruckhaus Deringer has landed a lead roll ahead of go-to adviser Shearman & Sterling on Daimler’s tie-up with Renault and Nissan.
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Freshfields senior partner race begins as Morton and Mettenheimer step down
7-Apr-2010
Konstantin Mettenheimer and Guy Morton have decided not to seek third terms as joint senior partner at Freshfields Bruckhaus Deringer, opening the way for an election campaign in the autumn.
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Norton Rose bulks up in Australia with local hire and London relocation
7-Apr-2010
Norton Rose has continued to add to its Australian practice following its tie-up with Deacons with the relocation of its climate change head from London to Sydney in addition to a local hire.
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Clifford Chance increases associate pay bands by 3 per cent
6-Apr-2010
Clifford Chance is the latest magic firm to unfreeze associate salaries, with the firm raising rates for assistants as well as allowing them to progress through the lockstep.
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A&O, Freshfields each gain 18 partners
5 April 2010
Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have made up 18 lawyers apiece to their partnerships in this year’s promotion round.
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FFW advises House of Fraser on first franchise in Middle East expansion
5 April 2010
Field Fisher Waterhouse (FFW) has advised Dubai retailer investor Retail Arabia International (RAI) on a franchising deal to open the first House of Fraser in the Middle East.
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Freshfields creates alumni pool for overflow work
5 April 2010
Freshfields Bruckhaus Deringer is set to tap into its network of alumni to handle an anticipated upturn in work levels later this year.
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Freshfields steers through Chinese Volvo acquisition
5 April 2010
Freshfields Bruckhaus Deringer grabbed a prize mandate advising Chinese company Zhejiang Geely Holding Group on its $1.8bn (£1.21bn) acquisition of Volvo from the Ford Motor Company.
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Jomati hires ex-Links global business boss
5 April 2010
Former Linklaters global business manager Jenny Jones has joined Jomati Consultants, the legal consultancy fronted by former Clifford Chance managing partner Tony Williams.
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Legal Ombudsman recruits in Birmingham
5 April 2010
The Legal Ombudsman has marked the opening of its new Birmingham office with the announcement of a recruitment drive that will see 300 new staff join the newly formed independent public body.
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Linklaters announces new heads for corporate, litigation and US
1-Apr-2010
Linklaters has made a number of key appointments with Jeremy Parr taking over as corporate chief, John Turnbull becoming regional managing partner for the Americas and Marc Harvey named as global head of litigation.
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Ashurst scoops Linklaters' Stockholm chief
1-Apr-2010
Ashurst has raided Linklaters’ Stockholm office for the hire of the magic circle firm’s Swedish senior partner Martin Börresen.
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Hogan Lovells to rethink name over trademark issues
1-Apr-2010
The merger between Hogan & Hartson and Lovells has hit another snag after it emerged that the Hogan Lovells name has already been trademarked by a road haulage company in Nebraska.
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Norton Rose harnesses power of Thames in green push
1-Apr-2010
Norton Rose has launched a project to generate power from the Thames tides.
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Ashurst makes first US lateral with Alston & Bird hire
31-Mar-2010
Ashurst has made its first lateral partner hire in the US since it launched in the jurisdiction last year.
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Linklaters holds associate pay bands at 2009 levels
31-Mar-2010
Linklaters has become the second magic circle firm to announce its associate pay scale for the coming year, with the firm maintaining its current rates after reducing them 12 months ago.
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Ashurst adds to US partnership with lateral hire
31-Mar-2010
Ashurst has made its first lateral partner hire in the US since it launched in the jurisdiction last year.
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Linklaters US investment chief takes on global practice head role
30-Mar-2010
Linklaters has appointed Scott Bowie as head of its global investment management team.
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Freshfields leads magic circle promotions round with 18 getting the nod
29-Mar-2010
Freshfields Bruckhaus Deringer has made up 18 new partners in this year’s promotions round, an increase of four on last year’s figures.
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Freshfields and Hogan lead on Ford's £1bn Volvo exit
29-Mar-2010
Freshfields Bruckhaus Deringer and Hogan & Hartson have bagged lead roles in Ford’s sale of its Volvo business to China’s Zheijang Geely Holding Group for $1.8bn (£1.21bn).
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Ashurst chiefs on back foot after crisis meeting
29 March 2010
Geffen, Bromwich forced to explain laterals and junior partner ’logjam’
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Hedge fund managers’ unhappiness postponed along with AIFM directive
29 March 2010
EU investment restrictions and tough regulations are only a matter of time.
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Herbies motors into advisory job for Arriva group takeover
29 March 2010
Herbert Smith has bagged a prize mandate acting for transport group Arriva on its prospective takeover by Deutsche Bahn.
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Howes Percival sets up shop in the City
29 March 2010
Regional firm Howes Percival has launched its London office with the recruitment of Blake Lapthorn insolvency chief Nick Oliver as a partner.
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Linklaters names head of NY green team
29 March 2010
Linklaters has appointed Jean-Philippe Brisson to head its US environment and climate change practice in New York.
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Stephensons hires hike IP capability in HK
29 March 2010
Stephenson Harwood has boosted its Hong Kong practice with the appointment of Clifford Chance consultant Audrey Shum as a partner in its IP team.
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Bakers and Mayer Brown advise on sale of lottery operator to Canadian pension fund
26-Mar-2010
Baker & McKenzie and Mayer Brown have hit the jackpot after landing the advisory mandates on the agreement to sell National Lottery operator Camelot to the Ontario Teacher’s Pension Plan (OTPP).
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Clifford Chance partner duo to run London banking practice
26-Mar-2010
Clifford Chance is set to elect two partners to replace London banking head Mark Stewart.
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Simmons loses four partners, 17 lawyers to DLA Piper
25-Mar-2010
DLA Piper has raided Simmons & Simmons’ Rome office for a 17-lawyer team, including four partners.
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Muted response to Budget from legal community
24-Mar-2010
Lawyers have greeted Alistair Darling’s last Budget before the general election with a lukewarm response, believing his plans to further tax the City smack of electioneering electioneering.
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Clifford Chance unveils new-look partnership council
23-Mar-2010
Clifford Chance has unveiled its slimmed down partnership council, with four new members taking their place alongside senior partner Stuart Popham and re-elected members Joeroen Koster and Thomas Schulte.
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Akin Gump and Bakers act on Chinese company's stake in Argentinian oil giant
22-Mar-2010
Akin Gump Strauss Hauer & Feld and Baker & McKenzie bagged leading roles in the state-owned China National Offshore Oil Corp’s (CNOOC) $3.1bn (£2.1bn) investment in Argentinian oil producer Bridas.
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AIM takes small steps to recovery as rivals remain dogged by slump
22 March 2010
Recent deals coupled with Plus’s poor performance show AIM is holding its own. By Gavriel Hollander
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Ashurst, Freshfields, Simmons steer Swedish-UK energy merger
22 March 2010
Ashurst, Freshfields Bruckhaus Deringer and Simmons & Simmons have taken leading roles on the merger of parts of existing Swedish and UK oil and gas entities to form a new listed company, EnQuest.
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Asserson Law Offices in growth mode
22 March 2010
Israeli firm Asserson Law Offices has continued its growth with the appointment of real estate chief David Prais as managing partner alongside a quartet of new hires from London firms.
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Camerons to generate cocktail chat from a computer
22 March 2010
Those awkward moments when overworked City lawyers momentarily forget a client’s name are soon to be a thing of the past, if a new scheme from CMS Cameron McKenna catches on.
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Fox Williams leads on £120m fashion IPO
22 March 2010
Fox Williams, Irwin Mitchell and Memery Crystal have taken lead roles on the proposed £120m IPO of youth fashion retailer SuperGroup.
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Fox Williams swoops on US firms for partner trio
22 March 2010
Fox Williams has hired three new partners, all from US firms.
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IP outfit Joshi & Welch scores BP in-houser
22 March 2010
IP boutique Joshi & Welch has appointed former BP in-houser Bob Boad as its new chairman.
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Stephensons prepares for office relocation
22 March 2010
Stephenson Harwood’s City office will move from its current St Paul’s Churchyard home next spring after signing an agreement with Hermes Real Estate.
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Slaughters makes up one City partner in two-strong round
18-Mar-2010
Slaughter and May has made up two new partners for the second year running, with just one of the two based in its London head office.
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White & Case joins CC and Links on £3.5bn gas pipeline project
17-Mar-2010
Clifford Chance, Linklaters and White & Case took on leading roles on the recently closed €3.9bn (£3.53bn) first phase project financing of the 1,220km Nord Stream gas pipeline.
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MoFo first major law firm to launch iPhone app
16-Mar-2010
US firm Morrison & Foerster has entered the digital age with the launch on an iPhone application MoFo2Go.
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Osborne Clarke suits French Connection for Farhi deal
15-Mar-2010
Osborne Clarke has bagged a leading role advising new client French Connection on the sale of fashion label Nicole Farhi to private equity group OpenGate Capital.
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Bakers ally seals $200m Egyptian PPP deal
15 March 2010
Baker & McKenzie alliance firm Helmy Hamza and Partners secured the lead role acting for the sponsor on the first Egyptian public private partnership (PPP) to reach financial close.
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Bakers partner in social mobility move
15 March 2010
Baker & McKenzie head of administration and public law Tom Cassels has been appointed a trustee of the Social Mobility Foundation.
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CC and DLA Piper check in for £650m hotel group debt swap
15 March 2010
Clifford Chance and DLA Piper have landed leading roles in a deal that has been hailed as one of the biggest debt-for-equity swaps in UK corporate history.
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Linklaters ‘could face litigation’ over explosive Lehman report
15 March 2010
All bets are off as Lehman administrators PwC examine implications of Valukas findings
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Magic circle firms line up to woo Deutsche Bank from White & Case
15 March 2010
Firms champ at the bit at the prospect of the Deutsche Bank prize. By Gavriel Hollander
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Marathon man: Christopher Aujard
15 March 2010
Christopher Aujard is no stranger to hard work, but in his role as legal director at insurer Royal London Group he is also a great believer in putting people first. By Gavriel Hollander
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Norton Rose boosts Asia-Pacific tally
15 March 2010
Norton Rose has continued its Asia-Pacific push with four new partners joining the firm in Australia, along with one in Singapore.
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Osborne reinforces restructuring team
15 March 2010
Osborne Clarke has bolstered its City restructuring and insolvency practice with Kennedys senior associate Andrew Mace joining the team as a partner.
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Speechly grows pensions with Wedlake hire
15 March 2010
Speechly Bircham has grown its pensions practice with the hire of Wedlake Bell partner Jane Wolstenholme - the firm’s sixth lateral partner appointment in the past six months.
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Stephenson Harwood chef shows that the way to lawyers’ hearts is through their stomachs
15 March 2010
Stephenson Harwood has been attracting more than its fair share of lateral hires in recent times.
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Stephensons’ PQE pay model ditched
15 March 2010
Stephenson Harwood has become the latest firm to move away from the system of remunerating associates based purely on PQE.
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Lehman exploited Linklaters opinion to tidy up balance sheet
12-Mar-2010
A report into the collapse of Lehman Brothers has found that the failed investment bank exploited its relationship with Linklaters to green light an accounting practice that kept billions of dollars off its balance sheet.
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Herbies hires former Links partner for capital markets team
11-Mar-2010
Former Linklaters US securities partner Steve Thierbach has joined Herbert Smith’s London-based global capital markets practice.
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Norton Rose adds five partners to Australasian practice
11-Mar-2010
Norton Rose has continued its Pacific push with four new partners joining the firm in Australia, along with one in Singapore.
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A&O, Travers set to clean up in sale of swine flu soap manufacturer
8 March 2010
Allen & Overy (A&O) and Travers Smith have continued to reap the benefit of the upturn in private equity buyouts after acting on the sale of swine flu soap manufacturer Deb Group.
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CC and Links square up over Babcock’s bid for rival VT Group
8 March 2010
Magic circle duo Clifford Chance and Linklaters have landed prime roles in the hostile takeover bid for VT Group by rival Babcock International.
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CC partners set to vote on new-look council
8 March 2010
Clifford Chance has kicked off the process of electing its revamped partnership council, with voting forms being sent to partners this week.
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Fasken wins AIM mandates as junior market perks up
8 March 2010
Fasken Martineau has won mandates on two AIM IPOs as well as secondary fundraising, amid signs that the junior market may finally be emerging from its two-year hibernation.
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LG quartet launch private client boutique
8 March 2010
Four LG private client partners have jumped ship to set up a wealth advisory boutique in Mayfair to target ’high-end’ individuals in the UK and abroad.
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Mills & Reeve extends pro bono to Brum
8 March 2010
Mills & Reeve’s Birmingham office has launched a pro bono initiative alongside the Birmingham Law School to help provide free legal advice to members of the public.
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Reed Smith brings in Troutman partner
8 March 2010
Reed Smith has made the second partner hire to its London energy, trade and commodities group this year with the recruitment of Troutman Sanders partner John Varholy.
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SJ Berwin puts a halt to associate flex scheme
8 March 2010
SJ Berwin has put associate development at the centre of its strategy for the next financial year after ending its flexible working scheme and initiating a plan whereby junior assessment recognises non-billable hours.
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SJ Berwin and Slaughters act on Anthony Bolton's China fund IPO
4-Mar-2010
SJ Berwin and Slaughter and May have landed mandates on the listing of the Fidelity China Special Situations investment trust, the new launch from veteran fund manager Anthony Bolton.
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SJ Berwin turns to Gibson Dunn for litigation hire
4-Mar-2010
SJ Berwin has bulked up its litigation practice with the hire of Gibson Dunn & Crutcher partner Rachel Couter.
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Dawsons rebuilds employment team with BLP hire
4-Mar-2010
Dawsons has hired Berwin Leighton Paisner partner Paul Mander to head its employment practice following the departure of Jo Keddie earlier this year.
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Simmons hires Travers partner for green push
3-Mar-2010
Simmons & Simmons has hired Travers Smith environment and planning partner Steven McNab to lead its London environment practice.
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Clifford Chance to nurture female partners' management potential
3-Mar-2010
Clifford Chance is working on a strategy to encourage more females to take management roles at the firm after putting the issue top of the agenda at its annual partnership retreat.
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Ashurst loses Edge to Stephenson Harwood
3-Mar-2010
Stephenson Harwood has continued to bolster its corporate practice with the hire of Ashurst partner Andrew Edge.
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Freshfields' Rawlinson enters Man U fray with Red Knights
3-Mar-2010
Magic circle partner emerges as key player in anti-Glazer bid
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Duo of partners leave Field Fisher Hamburg to set up standalone practice
2-Mar-2010
Two Field Fisher Waterhouse partners have left the firm’s Hamburg office to set up their own practice.
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Debevoise and Slaughters lead on Pru's $35bn AIG Asia deal
1-Mar-2010
Debevoise & Plimpton and Slaughter and May have landed prize roles on Prudential’s proposed $35.5bn (£23.9bn) purchase of American International Group’s (AIG) Asian insurance business.
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BLG's Dedman walks in Bond Pearce move
1 March 2010
Former Barlow Lyde & Gilbert (BLG) senior partner Richard Dedman is set to join Bond Pearce in a notable coup for the national firm.
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Cleary’s City strategy comes under scrutiny following partner reshuffle
1 March 2010
As the US firm loses two partners, Gavriel Hollander examines its London role
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DLA reinforces Scottish construction team
1 March 2010
DLA Piper has appointed former McGrigors partner Gareth Parry as the new head of its Scottish construction and engineering group.
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Edwards Angell relocates in City
1 March 2010
Edwards Angell Palmer & Dodge has announced that it will relocate to a new London office in June following the expansion of its presence in the City.
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Ex-Links man joins pal at headhunters
1 March 2010
Former Linklaters emerging markets head Nick Eastwell has joined legal headhunters SR Search as a senior adviser.
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FFW, Olswang tune in for launch of TV production joint venture
1 March 2010
Field Fisher Waterhouse (FFW) and Olswang have grabbed starring roles on a tie-up between NBC Universal and Working Title Films to create a new television production company.
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Parr on course to head Links’ corporate dept
1 March 2010
Jeremy Parr is set to take over as Linklaters corporate head when David Barnes stands down in April.
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Slaughters moves further ahead in FTSE client race
1 March 2010
Slaughter and May has extended its lead at the top of the latest ranking of advisers to FTSE100 companies, with the firm becoming the first to have more than 30 clients among the top tier of listed companies.
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Taylor Wessing advises esure on £185m Lloyds buyout
1 March 2010
Taylor Wessing has fielded a seven-partner deal team on its mandate to advise longstanding client esure on the motor insurance group’s £185m private equity-backed management buyout from Lloyds Banking Group.
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Camerons to use Bristol to target lower cost work
26-Feb-2010
CMS Cameron McKenna is looking to treble its Bristol headcount in a bid to compete with national firms for lower cost work.
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Ropes & Gray turns to White & Case for latest City hire
26-Feb-2010
The exodus from White & Case’s London banking team has continued with Ropes & Gray hiring senior associate Tania Bedi as counsel.
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Lawyers slam "populist" Takeover Panel consultation
25-Feb-2010
M&A lawyers have reacted with scepticism to the announcement that the Takeover Panel is to launch a consultation on the rules governing hostile takeover bids.
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Freshfields becomes first UK firm to lift associate salary freeze
25-Feb-2010
Freshfields Bruckhaus Deringer has lifted its associate salary freeze for the next financial year, becoming the first UK firm to do so.
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Clifford Chance and Freshfields lead on Spanish debt restructuring
25-Feb-2010
Clifford Chance and Freshfields Bruckhaus Deringer have landed roles on the €5bn (£4.39bn) restructuring of Spanish real estate group Inmobilaria Colonial’s debt.
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FA unveils new-look legal panel following move to Wembley
22-Feb-2010
Bird & Bird and Charles Russell have emerged as the biggest winners following the Football Association’s (FA) announcement of a revamped legal panel.
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A&O and Dewey advise on News Corp's Bulgarian disposal
22-Feb-2010
Allen & Overy (A&O) and Dewey & LeBoeuf have claimed advisory roles on the sale of News Corporation’s (News Corp) Bulgarian terrestrial TV business.
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Addleshaws, Norton Rose instructed on Trinity’s Guardian Media takeover
22 February 2010
Addleshaw Goddard and Norton Rose have grabbed headline roles on the sale of Guardian Media Group’s (GMG) regional media business to Trinity Mirror.
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Ashurst targets India via Asia base
22 February 2010
Ashurst’s India group head has said the firm is looking to Asia to promote its Indian presence after a ruling in the Bombay High Court effectively forced it to shut its New Delhi liaison office.
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Links’ all-equity plan back in the picture
22 February 2010
Linklaters is on track with its plans to move to an almost all-equity partnership, with the firm expecting its salaried ranks to account for 10 per cent of the partnership at the year-end.
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Macfarlanes, Travers make the best of a beleaguered private equity market
22 February 2010
Old-school practices reveal the benefits of their experience.
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Taylor Wessing brings in planning chief
22 February 2010
Taylor Wessing has hired former CMS Cameron McKenna senior associate Alistair Watson as a partner to head its planning and environment practice.
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Telecity coup sees Reed Smith pick up new client
22 February 2010
?Reed Smith finance partner Phillip Slater has won the firm a new client by securing the mandate on TelecityGroup’s £200m refinancing.
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Freshfields and SJ Berwin lead on sale of Pantheon
19-Feb-2010
Freshfields Bruckhaus Deringer and SJ Berwin have taken key roles on the $775m (£489m) sale of private equity house Pantheon to Affiliated Managers Group (AMG).
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FSA drops charges against Kirkland client Semperian
19-Feb-2010
The FSA has withdrawn charges against PPP investor Semperian, which was advised by Kirkland & Ellis, as well as the company’s former chief executive.
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Links and White & Case advise on Russian bond issue
17-Feb-2010
Linklaters and White & Case have landed leading roles on Russia’s first convertible bond issue for nearly a decade.
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Clifford Chance hires Ashurst partner as Tokyo corporate chief
17-Feb-2010
Clifford Chance has hired the founder of Ashurst’s Tokyo office Alan Kitchin to head its corporate and projects practice in the Japanese capital.
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Salans launches in Brussels with team from Mayer Brown
17-Feb-2010
Salans has raided Mayer Brown to launch a new Brussels office with seven lawyers moving from the US firm’s local office.
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Rio Tinto legal chief defects to outsourcer CPA Global
16-Feb-2010
Legal process outsourcing (LSO) company CPA Global has named former Rio Tinto managing attorney Leah Cooper as its strategy director.
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Links and SJ Berwin lead on CIC's Apax investment
15-Feb-2010
Linklaters and SJ Berwin have claimed key roles for sovereign wealth fund Chinese Investment Corporation’s (CIC) $956m (£611m) investment in Apax Partners.
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A&O launches in Qatar a week after taking on Australian market
15-Feb-2010
Allen & Overy (A&O) has followed its move into the Australian market by opening an office in Qatar.
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A&O’s raid on Clayton highlights birth of Perth as Asia gateway and mining centre
15 February 2010
The Australian legal fraternity has been spending much of the past week mulling over the consequences of Allen & Overy’s (A&O) sudden encroachment into its backyard.
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Appeal decision erodes banks’ anti-crime tactics
15 February 2010
The Court of Appeal has ruled that bank customers whose transactions are delayed because of money laundering suspicions will have the right to challenge banks’ decisions.
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Ashurst, CC surf private equity revival with sale of LGC Holdings
15 February 2010
Ashurst and Clifford Chance have benefited from the mini-revival of the private equity M&A market by landing lead roles on the sale of LGC Holdings to Bridgepoint.
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Carphone Warehouse, TalkTalk demerger calls on bevy of firms
15 February 2010
Allen & Overy (A&O), Ashurst, DLA Piper, Freshfields Bruckhaus Deringer and Osborne Clarke have bagged roles on the demerger and subsequent £1bn refinancing of Carphone Warehouse and TalkTalk.
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Cubism Law launches insurance group
15 February 2010
Litigation specialist Cubism Law has started a dedicated insurance group with the hire of two new consultants.
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Debevoise bolsters European litigation
15 February 2010
Former Russell Jones & Walker partner Tom Epps has joined Debevoise & Plimpton as international counsel in its European litigation practice.
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FFW hikes Brussels IP team with A&O hire
15 February 2010
Field Fisher Waterhouse (FFW) has built up its Brussels IP practice with the hire of former Allen & Overy (A&O) of counsel Thierry van Innis.
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Links loses US-qualified securities partner
15 February 2010
Steve Thierbach, Linklaters’ first solely US-qualified partner, has left the firm.
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Norton Rose increases partner count in HK
15 February 2010
Norton Rose has continued to target the wider Asia market following its tie-up with Australian firm Deacons, with two corporate partners relocating to Hong Kong.
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Taylor Wessing announces new KM chief
15 February 2010
Taylor Wessing has appointed Andrew Telling as its UK head of knowledge management.
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The changing face of football finance means lawyers are in the thick of it
15 February 2010
A ’premier league’ of advisers has arisen to tackle clubs’ money issues. By Gavriel Hollander
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Former Eversheds partner hits out at firm's handling of discrimination issue
12-Feb-2010
The former Eversheds partner at the centre of a row over questioning a female interviewee’s commitment to full-time work has claimed that the firm made advance inquiries about the candidate at her place of work without her consent.
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Clifford Chance's pension deficit hit £16.4m in last financial year
11-Feb-2010
Clifford Chance saw the deficit on its defined benefit pension scheme grow by nearly 50 per cent in 2008-09, according to recently filed Companies House accounts.
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Norton Rose hires Dentons banking head for international push
10-Feb-2010
Norton Rose has continued to build its finance practice with the capture of Denton Wilde Sapte’s co-head of banking Nick Grandage.
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Osborne Clarke leads on Carphone Warehouse demerger
10-Feb-2010
Allen & Overy (A&O), Ashurst, DLA Piper, Freshfields Bruckhaus Deringer and Osborne Clarke have bagged roles on the demerger and subsequent £1bn refinancing of Carphone Warehouse and TalkTalk.
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Ropes & Gray beefs up finance with Freshfields hire
9-Feb-2010
Ropes & Gray has continued to expand its newly opened London office with the hire of Freshfields Bruckhaus Deringer finance counsel Matt Cox as a partner.
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Addleshaws, Cuatrecasas, Herbies, Salans, Uría bag HgCapital portfolio
8 February 2010
Addleshaw Goddard, Cuatrecasas, Herbert Smith, Salans and Uría Menéndez have won mandates on HgCapital’s latest renewable energy investments.
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Dawsons’ employment practice suffers second exit in a month
8 February 2010
Dawsons has lost its second employment partner in a month with the departure of Jill Andrew to Marriott Harrison, it has emerged.
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Jaguar sale sees legal function overhauled
8 February 2010
Jaguar Land Rover legal chief Keith Benjamin is revamping his global legal team after the business was sold by Ford to India’s Tata Motors.
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Mitsui Sumitomo to gain legal panel as new GC creates first in-house team
8 February 2010
The former general counsel at Chubb Europe’s commercial lines department David Casement has left to form a new legal team at Mitsui Sumitomo Insurance Group.
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No5 moves for 2 Hare Court silk
8 February 2010
Leading fraud and crime specialist David Howker QC has joined No5 Chambers from 2 Hare Court. A silk since 2002, Howker was previously standing counsel to HM Customs & Excise.
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Norton Rose, Bakers start on Finnish mining contract
8 February 2010
Norton Rose and Baker & McKenzie have landed leading roles on the $335m (£209m) refinancing of Talvivaara’s project-financed nickel mine in Finland in a ’streaming deal’.
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Six Nations: a union of lawyers and rugby
8 February 2010
Rugby and the law have always been happy bedfellows. In the innocent amateur days of yore it was not uncommon to see a barrister tearing down the wing or mixing it in the front row at your local club.
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Stephenson Harwood hikes finance practice
8 February 2010
Stephenson Harwood has beefed up its finance team once more following the hires of partner Jayesh Patel and senior associate Jonathan Proctor from Denton Wilde Sapte.
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Warburg calls on CC for advice on Survitec buy
8 February 2010
Clifford Chance has scored a lead role on Warburg Pincus’s £280m acquisition of safety and defence equipment manufacturer Survitec from fellow private equity firm Montagu.
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White & Case puts on brave face as thirteen partners quit for Latham
8 February 2010
Has the US firm learnt nothing in the two years since losing Allen and Goetz? asks Gavriel Hollander
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Ashurst hires Centrica GC as partner in energy practice
5-Feb-2010
Ashurst has bulked up its global energy team with the hire of Centrica Energy’s general counsel Peter Roberts.
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Links on hunt for corporate chief as Barnes steps down
4-Feb-2010
Linklaters head of corporate David Barnes is set to stand down in April as the fixed terms of a number of key management figures come to an end.
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Slaughters partner named as member of influential Higgs group
4-Feb-2010
Slaughter and May corporate partner Nilufer von Bismarck has been included in the Institute of Chartered Secretaries and Administrators’ (ICSA) Higgs review steering group.
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Freshfields launches transatlantic fraud group
4-Feb-2010
Freshfields Bruckhaus Deringer has launched a global investigations practice in an effort to respond to the increasing risk to clients from cross-border regulatory investigations.
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Linklaters names Hong Kong partner as Shanghai chief
3-Feb-2010
Linklaters has continued the re-organisation of its Asian corporate offering with the appointment of Teresa Ma as head of its Shanghai office.
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Cleary hit by double partner departure in London
2-Feb-2010
US firm Cleary Gottlieb Steen & Hamilton has lost two London-based partners with capital markets partner Ashar Qureshi and competition partner Shaun Goodman both leaving the firm.
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Mayer Brown adds A&O lawyer to leveraged finance team
1-Feb-2010
Mayer Brown has continued to strengthen its London leveraged finance team with the hire of leveraged finance partner Neil Caddy from Allen & Overy (A&O).
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DLA and Travers lead as CPA Global sells stake to private equity house
1-Feb-2010
Clifford Chance, DLA Piper, Ogier and Travers Smith led the way on a £440m investment by private equity house Intermediate Capital Group (ICG) in legal process outsourcer CPA Global.
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Weil and SJ Berwin advise on Duke Street's disposal of Xafinity
1-Feb-2010
Weil Gotshal & Manges has bagged a role advising Advent International on the £190m acquisition of pension and employment benefit group Xafinity from Duke Street Capital.
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Pinsents retains AIM crown with greatest number of clients
1-Feb-2010
Pinsent Masons has retained its place at the top of Hemscott’s quarterly AIM rankings, maintaining the greatest number of AIM clients in the final quarter of 2009.
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Ashurst corporate star quits M&A for MA
1 February 2010
Ashurst corporate partner David Kershaw will leave the firm after 28 years to go back to university.
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Ashurst works magic for Merlin’s Florida buy
1 February 2010
Ashurst has scooped a lead role on a deal that will see the development of a new $100m (£61.8m) theme park in Florida.
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BP lures GC from British Gas to head ‘downstream’
1 February 2010
Former British Gas general counsel Adrian Morris has been appointed associate general counsel for BP’s global refining and marketing division.
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City firms pitch in on MoJ law centre scheme
1 February 2010
A group of City law firms has helped fund a Ministry of Justice (MoJ) scheme to support the South West London Law Centre (SWLLC).
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Dewey’s corporate team bags double deal for Bank Audi
1 February 2010
Dewey & LeBoeuf has landed lead roles on two major acquisitions by longstanding client Bank Audi.
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Linklaters’ Paris office slashes Arcelor cartel fine by 90 per cent
1 February 2010
Linklaters’ Paris office has scored a victory in the French Court of Appeal, acting for three subsidiaries of steel giant ArcelorMittal to reduce the fine the company received for acting in a cartel by almost 90 per cent.
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Old perceptions die hard as CC struggles to discard its finance tag
1 February 2010
After a dire 2009 Clifford Chance is pinning its hopes on its young guns.
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Wastepack names new legal director
1 February 2010
Wastepack Group has named James Geary as its director of legal affairs and company secretary.
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Lester Aldridge bulks up partnership with double hire
29-Jan-2010
South coast firm Lester Aldridge has hired two new partners as part of a recruitment drive that has seen five staff join since the start of the year.
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GTM advises Bristol Water on Ofwat pricing battle
29-Jan-2010
Greenberg Traurig Maher (GTM) has been instructed by Bristol Water on its pricing battle with water regulator Ofwat.
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Eversheds partner cleared of potential discrimination
29-Jan-2010
Eversheds was forced to carry out an internal investigation after litigation partner Stuart Dutson sent an email questioning the commitment of a female interviewee who had recently had a child.
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Norton Rose shelves flex scheme after pick up in workflow
28-Jan-2010
Norton Rose has ditched its flexible working scheme three months ahead of schedule, citing an increase in activity.
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Herbies appoints Lloyds regulatory chief as a partner
28-Jan-2010
Herbert Smith has bolstered its financial services regulatory (FSR) and bank litigation practices with the appointment of Lloyds Banking Group’s regulatory chief Jenny Stainsby as partner.
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Camerons adds strength to Warsaw TMT practice
26-Jan-2010
CMS Cameron McKenna has bolstered its eastern European offering with the capture of the head of strategy from one of Poland’s leading telecoms operators.
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Focus: Private Equity - Say hello to good buyouts
25 January 2010
Although no one is banking on a return to the boom of 2006, the general consensus is that, at least as far as the buyout market is concerned, 2010 is a time to believe
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Former judge joins third-party funder
25 January 2010
Former High Court judge Sir Gavin Lightman has joined third-party funding group Harbour Litigation Funding as chair of the investment committee.
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Herbies benefits from E&Y link with clutch of Nortel mandates
25 January 2010
Herbert Smith’s ongoing relationship with Nortel administrator Ernst & Young (E&Y) has borne more fruit for the firm, with a multijurisdictional group of partners advising on the sale of several businesses.
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Links to shake up US management
25 January 2010
Linklaters Americas managing partner John Tucker will stand down from the role when his three-year term ends in April, with the firm believed to favour a return to a US-based partner at the helm.
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LSE float predicted after Linklaters scoops $2.2bn Glencore bond issue
25 January 2010
Linklaters has bagged a role advising commodities company Glencore on its $2.2bn (£1.35bn) bond issue - a deal that could pave the way for a flotation later in the year.
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Stephenson Harwood snares Ashurst star
25 January 2010
Stephenson Harwood has hired project finance partner Nick Avery for its finance practice.
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Survey shows hours billed determines bonus levels
25 January 2010
Bonus payments for partners below equity level are based more on recorded and billed hours than on business development and competency-based performance, according to legal recruiters First Counsel.
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Walkers launches HK funds group
25 January 2010
Offshore firm Walkers has set up a Hong Kong-based investment funds group led by M&A partner Carol Hall.
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Obama's war on banks expected to prompt flurry of regulatory work
22-Jan-2010
Financial regulation lawyers are gearing up for a flood of work following the unveiling of US President Barack Obama’s radical plans to overhaul the banking system.
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Clifford Chance to slash partnership council as part of management overhaul
21-Jan-2010
Clifford Chance is planning to cut the membership of its partnership council by 40 per cent as part of a radical shake-up of its management structure.
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Clifford Chance client Kraft wins backing for Cadbury deal
19-Jan-2010
A clutch of UK and US firms are celebrating after the board of Cadbury gave the green light to Kraft’s approved offer for the British chocolate maker.
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Norton Rose kicks off Asia push with Singapore switch
18 January 2010
Singapore a strategic imperative for Anglo-Australian giant
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Pannone focuses on disability rights
18 January 2010
?Richard Copson has joined Pannone to head the disability rights legal services team following a move from Glaisyers.
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SJ Berwin property partner joins Shepherds
18 January 2010
?Shepherd & Wedderburn has appointed Michael Scott as a partner in the property group.
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Withers faces Commons investigation over email to MP
14-Jan-2010
Withers is facing a House of Commons investigation after an MP accused the firm of undermining parliamentary privilege.
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Fried Frank and Simpson Thacher advise on Virgin Media's £1.5b bond
14-Jan-2010
US duo Fried Frank Harris Shriver & Jacobson and Simpson Thacher & Bartlett have bagged leading roles on Virgin Media’s £1.5bn bond issue.
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Ashurst acts on National Express's £350m bond issue
14-Jan-2010
Ashurst has advised longstanding client National Express on a £350m bond issue as part of the rail, bus and coach operator’s return to stability after a difficult 2009.
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Linklaters names next Asia head as Shao departs for JPMorgan
14-Jan-2010
London-based partner Stuart Salt will take over as Linklaters’ Asia managing partner next month, replacing incumbent Zilli Shao.
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Eversheds and Norton Rose lead on £100bn wind farm project
14-Jan-2010
Eversheds and Norton Rose have headed a clutch of firms advising on a £100bn UK government investment in offshore wind farms.
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Ashurst revamps management board as Sparrow vacates seat
14-Jan-2010
Ashurst has appointed corporate partner Anthony Clare as a new member of its nine-strong management board.
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Latham scoops Ashurst partner for City corporate push
13-Jan-2010
Latham & Watkins has bolstered its London corporate group with the capture of private equity specialist Graeme Ward from Ashurst.
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A&O and Latham tackle Man U bond
11-Jan-2010
Allen & Overy (A&O) and Latham & Watkins are understood to have scored lead roles on Manchester United’s £500m bond issue.
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A&O Dubai leads Libya through £190m acquisition of Verenex
11 January 2010
Allen & Overy’s (A&O) Dubai office has bagged a mandate acting for the Libyan Investment Authority (LIA) on its Can$317m (£190m) acquisition of Canadian-listed oil and gas exploration company Verenex.
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Kraft’s dogged pursuit of Cadbury gives rise to transatlantic mêlée
11 January 2010
Despite competition clearance and a fair valuation, the deal could still go either way, says Gavriel Hollander
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Osborne Clarke arrivals add RPO nous
11 January 2010
Osborne Clarke has strengthened its employment practice group with the hire of two recruitment outsourcing specialists.
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SJ Berwin helps Arques offload car purchases
11 January 2010
SJ Berwin has advised existing client Arques Industries on the sale of two British motoring businesses, both of which were acquired in the previous 14 months.
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Arnold & Porter poaches London IP team from Milbank
8-Jan-2010
Arnold & Porter has bulked up its London IP practice with the capture of a four-lawyer team - led by partner David Perkins - from Milbank Tweed Hadley & McCloy.
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Dentons and TLT advise on Branson's bid to enter banking sector
8-Jan-2010
Denton Wilde Sapte and TLT Solicitors have secured lead roles on Virgin Money’s first venture into the banking sector through its offer to buy private bank Church House Trust.
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Salans turns to Ashurst for German hire
7-Jan-2010
Salans has beefed up its German restructuring practice with the hire of former Ashurst partner Dietmar Schulz.
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Camerons to join forces with CMS partners for Shanghai launch
6-Jan-2010
CMS Cameron McKenna Moscow real estate partner Steven Shone will relocate to Shanghai as a precursor to the CMS network’s launch of a new office.
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Covanta Energy turns to rival for hire of legal chief
6-Jan-2010
Covanta Energy has raided waste management rival Waste Recycling Group (WRG) to appoint Fiona Penhallurick as its new director of legal services.
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Linklaters advises PwC on deal to return assets to Lehman clients
6-Jan-2010
Linklaters has again reaped the benefit of its ongoing relationship with PricewaterhouseCoopers (PwC) as the fallout from the 2008 collapse of Lehman Brothers continues.
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Links and Weil advise on sale of DHL
5-Jan-2010
Weil Gotshal & Manges has delivered the goods for Home Delivery Network (HDN) on its acquisition of DHL Domestic from German rival Deutsche Post DHL.
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Mishcon boosts real estate with double SJ Berwin hire
4-Jan-2010
Mischon de Reya has bolstered its real estate practice with the capture of two of SJ Berwin’s star performers.
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Freshfields and Slaughters advise on $3.1bn China Pacific IPO
4-Jan-2010
Freshfields Bruckhaus Deringer and Slaughter and May have taken lead advisory roles on China Pacific Insurance’s $3.1bn (£1.9bn) IPO.
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18 St John Street adds trio to staff
4 January 2010
Manchester’s 18 St John Street Chambers has made three new appointments.
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Burges Salmon: ‘Business as usual’ despite exit
4 January 2010
Burges Salmon’s incoming managing partner has insisted it will be “business as usual” at the Bristol firm, despite the shock exit of his predecessor after less than a year in the top job.
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Freshfields unveils female retention plan
4 January 2010
Freshfields Bruckhaus Deringer has launched a gender diversity initiative in a bid to improve its retention rate among female solicitors.
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Law firms ready to ring in the changes for uncertain 2010
4 January 2010
Surviving recession still top of agenda; diversification, restructuring and mergers could save the day
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Legal market evinces mixed emotions as new decade promises big changes
4 January 2010
Fee models, outsourcing and the implications of the Legal Services Act (LSA) are among the hot topics as the legal market gears up for a tough 2010. Indeed, it is the need to adapt to a changing market that is exercising most minds at the cutting edge of the business.
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Making a splash: Huw Brooker, Ofwat
4 January 2010
With the issues of severe flooding, an increased remit for the regulator and a legal panel to finalise, it’s sink or swim for Ofwat legal director Huw Brooker.
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UK behind US in deal volume recovery – but is it just a mirage?
4 January 2010
Slaughters, Links, Freshfields retain top UK slots but still suffering from downturn. By
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Freshfields, Travers Smith bag mandates on historic LSE acquisition
21-Dec-2009
Freshfields Bruckhaus Deringer and Travers Smith have netted key roles on a groundbreaking deal that will see the London Stock Exchange’s (LSE) purchase online trading platform Turquoise.
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Clifford Chance clears antitrust hurdle on Oracle's purchase of Sun Microsystems
18-Dec-2009
Clifford Chance competition partner Thomas Vinje has claimed victory for client Oracle at the European Competition Commission after clearing the way for its purchase of Sun Microsystems.
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Freshfields names Asia finance head as partner trio heads to Hong Kong
16-Dec-2009
Freshfields Bruckhaus Deringer London banking head David Winfield will take on the new role of Asian head of finance in January as one of three new partners at the firm’s Hong Kong office.
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Lovells and Norton Rose win roles on Swiss PPP deal
15-Dec-2009
Norton Rose has helped a consortium featuring the German arm of construction company BAM and Swiss company Marti finance a public-private partnership (PPP) project in Switzerland.
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Burges Salmon chief steps down after less than year at helm
15-Dec-2009
Burges Salmon managing partner Chris Jackson has stood down from the role just under a year after taking the top job at the Bristol firm.
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Recession takes its toll on corporate mid-tier
14 December 2009
Figures attained from Companies House filings have revealed the extent to which the financial crisis has hit partnership levels at mid-tier City firms.
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Travers’ big idea: learn a language, get clients
14 December 2009
Fresh from a sabbatical in India, Travers Smith’s incoming managing partner Andrew Lilley is upping the firm’s focus on its international profile by providing intensive language courses for its lawyers.
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A&O, CC and Freshfields win roles on £2bn private equity deal
11-Dec-2009
Allen & Overy, Clifford Chance and Freshfields Bruckhaus Deringer have bagged leading roles on one of Europe’s biggest private equity deals since the Lehman bankruptcy in September 2008.
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Norton Rose chief optimistic after flat first half
11-Dec-2009
Norton Rose chief executive Peter Martyr has said he is “cautiously optimistic” about the rest of this financial year after the firm posted flat turnover figures for the first six months of the year.
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Lawyers slam National Insurance changes announced in pre-Budget report
9-Dec-2009
Chancellor Alistair Darling has come under attack from City lawyers following the announcement of a rise in National Insurance alongside a further tax on bankers’ bonuses.
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Ashurst names new Stockholm head
7 December 2009
Ashurst has appointed Jon Ericson as its new Swedish managing partner following the departure of former Stockholm head Jonas Bergh.
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Finers makes fourth lateral hire this year
7 December 2009
Druces’ former litigation chief Tim Bignell has joined Finers Stephens Innocent as part of its litigation practice.
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Freshfields launches its own Facebook site
7 December 2009
Freshfields Bruckhaus Deringer is embracing the technological age, launching a social networking site as a virtual means of keeping hold of employees and alumni.
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Links in radical move to reject over-specialisation
7 December 2009
Promotion to be contingent on associate versatility. Senior managers at Linklaters have kicked off discussions over a radical shake-up of the firm’s training programme as it seeks to usher in a new breed of generalist associates.
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New employment partner at Reed Smith
7 December 2009
Reed Smith has hired employment partner Graham Green from McDermott Will & Emery.
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Osborne takes on new City practice head
7 December 2009
Osborne Clarke has hired Taylor Wessing real estate partner Brian Greenwood to head its City planning practice.
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SJ Berwin scores lead role on life sciences deal
7 December 2009
SJ Berwin has clinched a lead role advising one new and one existing client on part of a £16m investment in pharmaceutical company Oxagen.
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SJ Berwin: deferring pay is prudent
7 December 2009
SJ Berwin managing partner Ralph Cohen has defended the decision to withhold partner profit distribution payments for the third consecutive quarter.
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Slaughters regains top spot on FTSE100 list
7 December 2009
Slaughter and May has reestablished its position as the leading firm for FTSE100 companies, pushing Linklaters down into second place.
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Travers chief to become firm’s ‘US ambassador’
7 December 2009
Chris Carroll will take on an unofficial roving ambassador role for Travers Smith once he stands down as managing partner of the firm in January.
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Walkers oversees Cayman bond issue
7 December 2009
Offshore big-hitter Walkers Global has landed a lead role on the Cayman Islands government’s $312m (£187.05m) sovereign bond debt offering.
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Slaughters nets £33m from Treasury since Northern Rock crisis
4-Dec-2009
Slaughter and May has pulled in £32.9m worth of fees from the Treasury since 2007, according to a National Audit Office (NAO) report.
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Bromwich gets three more years as Ashurst chief
3-Dec-2009
Simon Bromwich has secured a third term as managing partner at Ashurst following a management board decision earlier this week.
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US firms to up charge-out rates by 6 per cent in new year
3-Dec-2009
US law firms are preparing to increase their billing rates by as much as 6 per cent in 2010, despite widespread predictions of rate freezes.
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Taylor Wessing revenue 15 per cent down at half year
2-Dec-2009
Taylor Wessing claims it is on track to hit its financial targets for 2009-10 despite posting half-year figures showing a 15 per cent downturn.
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Linklaters, Addleshaws scoop Yorkshire-Chelsea building society merger
2-Dec-2009
Addleshaw Goddard and Linklaters have secured mandates on Yorkshire Building Society’s proposed merger with rival Chelsea.
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SJ Berwin loses corporate partner from Frankfurt
1-Dec-2009
SJ Berwin’s German practice has lost its second corporate partner since May following the departure of private equity specialist Jürg Windt.
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Herbies lands first mandate from Standard Chartered on Cairn refinancing
1-Dec-2009
Herbert Smith and McGrigors have landed lead roles on the refinancing of a US$750m (£451m) debt facility for Scottish energy company Cairn Energy Hydrocarbons.
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Aldermore taps SJ Berwin again on financial integration trail
30 November 2009
SJ Berwin has bagged a mandate from existing client Aldermore Bank on its integration of listed financial service company Absolute Invoice Finance Holdings.
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Collyer awarded dual role for Avia Health Informatics
30 November 2009
Collyer Bristow has landed the mandate to act for longstanding client Avia Health Informatics on its acquisition of the Plain Software Company and £1.2m admission on AIM.
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Eversheds hires Hammonds litigation trio
30 November 2009
Eversheds has snapped up litigation and licensing expert Hosea Haag as a new partner.
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Freshfields leads on £250m Gartmore IPO
30 November 2009
Freshfields Bruckhaus Deringer has bagged the key role acting for new corporate client the Gartmore Group on its £250m IPO.
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Norton Rose reinforces capital markets
30 November 2009
Norton Rose has beefed up its capital markets practice with the capture of former Clifford Chance partner Kate Alliott.
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The great gearing debate: corporate groups brace themselves for upturn
30 November 2009
Associate-to-partner ratio is always a hot topic during a recession, says Gavriel Hollander
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Trowers steers $500m Islamic raising for Gulf Finance House
30 November 2009
Trowers & Hamlins has acted on Islamic investment bank Gulf Finance House’s (GFH) $500m (£301m) capital raising exercise.
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Ashurst sees turnover drop by 14 per cent
27-Nov-2009
Ashurst has posted a 14 per cent dip in first half revenue, with fee earners bringing in £136m compared with £158m in the same period last year.
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Camerons revenue falls 13 per cent at half-year stage
27-Nov-2009
CMS Cameron McKenna has become the latest top 20 firm to post a drop in fee revenue for the first half of the financial year.
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Ashurst helps push through National Express rights issue
27-Nov-2009
Ashurst has played a major role in helping beleaguered transport operator National Express secure a disputed £360m rights issue, despite opposition from its major shareholder.
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Taylor Wessing revs up corporate with Brawn GP deal
26-Nov-2009
Taylor Wessing has bagged the mandate to act for Brawn GP on the Formula 1 team’s acquisition by Mercedes Benz parent company Daimler AG.
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Dawsons wins record payout from News of the World on bullying claim
26-Nov-2009
Dawsons has won a major payout for a former News of the World sports reporter after it was found that former editor Andy Coulson had subjected him to a campaign of newsroom bullying.
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Forryan to replace Bickerton as Clifford Chance London capital markets head
24-Nov-2009
Andrew Forryan has been elected the new head of Clifford Chance’s London capital markets practice from next January.
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Freshfields scores new client with £250m Gartmore IPO
24-Nov-2009
Freshfields Bruckhaus Deringer has bagged the key role acting for new client The Gartmore Group on its £250m IPO.
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Freshfields, Linklaters, A&O land Lloyds' record-breaking rights issue
24-Nov-2009
Allen & Overy, Freshfields Bruckhaus Deringer, Linklaters and Slaughter and May have secured lead roles on Lloyds Banking Group’s mammoth £22.5bn capital raising.
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Linklaters Asia boss quits for JPMorgan
23-Nov-2009
Linklaters has lost its second Asia managing partner within 12 months following the announcement that Zili Shao will be leaving the firm in January.
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Ashurst hires RBS UK corporate head
23 November 2009
Ashurst has hired the former head of RBS’s UK corporate and global restructuring legal team Lee Doyle as partner in its loan markets practice.
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Ashurst sitting pretty as National Express rail saga rumbles on
23 November 2009
The battle over the East Coast franchise just won’t go away. By Gavriel Hollander
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Foil wraps up first chief exec appointment
23 November 2009
Lobby group the Forum of Insurance Lawyers (Foil) has appointed Laurence Besemer as its first chief executive.
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Quintain calls on Nabarro to advise on resurrected £191m rights issue
23 November 2009
Ashurst and Nabarro have bagged advisory roles on property developer Quintain’s £191m rights issue.
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Shepherds brings in second recent lateral
23 November 2009
Shepherd and Wedderburn has made its second lateral partner hire in as many months, with Guy Harvey joining its commercial dispute resolution practice.
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Six-month financials show promising market
23 November 2009
The first half of the 2009-10 financial year has provided a mixed bag of results for law firm revenues, but some stability seems to have returned to the market.
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A&O abandons deferred bonus for associates
20-Nov-2009
Allen & Overy (A&O) has abandoned its deferred bonus system following its annual survey of associates.
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CC's Childs a shoo-in for second term as global chief
20-Nov-2009
Clifford Chance global managing partner David Childs is to stand unopposed for a second term in the role.
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Four City firms advise Government on banks sell-off
20-Nov-2009
Allen & Overy, Herbert Smith, Simmons & Simmons and Slaughter and May have won roles on a new Government panel to handle the sale of its stake in banks bailed out during the financial crisis.
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Ofwat launches tender for inaugural legal panel
19-Nov-2009
Water and sewage industry regulator Ofwat is looking to put together its first-ever legal panel and is in the process of asking firms to tender for places.
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Links and Slaughters lead on £1bn JPMorgan Cazenove deal
19-Nov-2009
Linklaters and Slaughter and May have bagged mandates on JPMorgan’s £1bn buy-out of the remaining half of UK broker Cazenove.
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Lyceum Capital injects £25m into LPO start-up
19-Nov-2009
Business service provider Laureate Legal Services (LLS) has secured £25m of funding from private equity house Lyceum Capital as it seeks to take advantage of the upsurge in legal outsourcing work.
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Revenue up 8 per cent at Stephenson Harwood
18-Nov-2009
Stephenson Harwood has performed reasonably strongly at the half-year stage, with the firm’s worldwide revenue 8 per cent up on the same period in 2008-09.
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Field Fisher advises on purchase of Fergie's IP assets
17-Nov-2009
Field Fisher Waterhouse has landed a role advising film entertainment company Handmade on a fundraising to allow it to buy intellectual property assets from the Duchess of York.
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CC's Popham to champion UK financial services as chair of new City body
17-Nov-2009
Clifford Chance senior partner Stuart Popham is to chair a new organisation that will represent the interests of the UK’s financial services industry.
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Firms are cautiously optimistic about year ahead survey reveals
16-Nov-2009
Law firms are growing increasingly confident about the year ahead, but any optimism is still guarded.
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SJ Berwin hands structured finance practice to newly promoted partner
16-Nov-2009
SJ Berwin has promoted associate Vanessa Therrode to partner so she can head the firm’s structured finance practice.
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Norton Rose and Slaughters advise on BA-Iberia tie-up
16-Nov-2009
Norton Rose and Slaughter and May have bagged advisory roles on British Airways’ proposed £4.4bn merger with Spanish carrier Iberia.
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LLP conversion highlights disparity in Macfarlanes' profit figures
16-Nov-2009
Macfarlanes’ first set of LLP results reveal a disparity between the profitability figure for the 2008-09 financial year and the number the firm released at the end of its financial year.
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City firms incite cynicism with shift towards meritocratic remuneration
16 November 2009
City law firms are being accused of taking advantage of the economic downturn by slashing associate pay as they move away from the lockstep model.
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DLA Piper snares Paris Proskauer partner
16 November 2009
DLA Piper has appointed Proskauer Rose partner Jean L’Homme as a partner in its finance and projects practice in Paris.
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Firms warned against ditching associate lockstep
16 November 2009
City managing partners are warning that ditching associate locksteps as the job market shows signs of recovery could be harmful.
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London Mining calls on Travers for AIM IPO
16 November 2009
Travers Smith advised London Mining on its IPO on AIM as well as a £72m placing of existing shares.
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Radcliffe welcomes fourth new tenant
16 November 2009
Edward Hicks has become the fourth new tenant to join Radcliffe Chambers this year.
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SJ Berwin’s Blake: private equity will come back, but we have to diversify
16 November 2009
In today’s economic climate, survival may not solely be about playing to one’s strengths, says Gavriel Hollander
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Travers’ employment team loses partner
16 November 2009
Travers Smith employment partner Dorothy Henderson has resigned from the firm, leaving just six female partners in its ranks.
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Freshfields to go live with new associate pay model
12-Nov-2009
Freshfields Bruckhaus Deringer will implement its revamped associate career development model in London from spring 2010 with the system to be rolled out globally from 2011.
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Ashurst and Freshfields advise on National Express rights issue
11-Nov-2009
Ashurst and Freshfields Bruckhaus Deringer have been mandated to act on National Express’ £360m cash call.
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Khaitan and Bharucha lead on Blackstone Group's India rail acquisition
11-Nov-2009
Indian firms Khaitan & Co and Bharucha & Partners have advised on The Blackstone Group’s acquisition of a Rs3bn (£40m) stake in logistics company Gateway Rail Freight.
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Devereux silks prepare for Trigger litigation appeal court showdown
11-Nov-2009
Devereux Chambers silks Colin Edelman QC and Colin Wynter QC are set to go head-to-head in the Court of Appeal as one of The Lawyer’s top trials of 2008 prepares for a three-week appeal hearing.
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Bakers advises Australian mining company on London listing
9-Nov-2009
Baker & McKenzie has advised new client Centamin Egypt on its primary listing and admission to the main market of the London Stock Exchange.
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SJ Berwin starts quarterly partner distributions after 12-month freeze
Online
SJ Berwin has restarted its profit distribution payments, having not paid out the quarterly windfall to its partnership for more than a year.
