I joined The Lawyer in August 2013 and sit on the news desk. I cover litigation and the City and am interested in litigation, corporate and real estate news across a range of sectors. I particularly want to hear about deals in the areas of energy, retail, real estate, food and consumer goods and any news about international domestic dispute resolution and arbitrations. I also write in-house profiles for the print and online editions of The Lawyer. Get in touch with news and gossip - I tweet at @TheLawyerKate
This week Linklaters’ governing bodies, long-defended lockstep and US game plan came under scrutiny from partners in the first bi-annual partner meeting in six years. Is the firm at a crossroads of identity?
RBS turns to Dentons for £30m Libor claim subscription
The Royal Bank of Scotland (RBS) has turned to Dentons to defend it against a £30m claim from Cooke Young & Keidan (CYK) client property developer Property Alliance Group over Libor-related misselling allegations.
The Supreme Court has thrown out an appeal brought by a Saudi prince over a series of court sanctions in relation to his case against a former shareholder, handing a win to Teacher Stern just months after taking over the mandate from Howard Kennedy.
Watson Farley & Williams has increased revenue by 8 per cent over the first half of the 2014/15 financial year, reaching £56.8m.
Weil Gotshal & Manges has added 12 new partners to its ranks in its most recent promotions round, up on nine the previous year, adding four partners in London.
The Royal Shakespeare Company (RSC) has named Foot Anstey and Mills & Reeve as its inaugural panel firms, with Freeths and Wright Hassall understood to have been beaten to spots on the roster.
Bird & Bird is representing Assos, the Swiss company responsible for the first ever lycra cycling shorts, in a Court of Appeal (CoA) case against online retailer ASOS.
Freshfields Bruckhaus Deringer and Stewarts Law are gearing up for a shareholder battle brought against Tesco following its first-half £250m profit overstatement in September this year.
Simmons & Simmons has boosted revenue by 8 per cent over the first half of the 2014/15 financial year compared to the same period in 2013/14, bringing in revenues of over £140m.
A high-level source at Linklaters has said the firm could flex lockstep in the future as a way of building up its US practice, marking a key attitude shift within the firm.
Carlyle and Cinven have returned to longstanding adviser Clifford Chance to sell 7.5m shares in European cable and telecoms company Altice in a deal valued at €337.5m.
20 Essex Street has hired Holman Fenwick Willan’s (HFW) commercial director James Huckle for a newly-created strategic development director post, marking a continued push towards business development at the bar.
Linklaters is to vote tomorrow (25 November) on sweeping changes to its international board (IB) which could result in a reduction of seats or change in function, but has ruled out a merger of the two senior boards.
Russia special report: Look the other way subscription
Western sanctions are making life tough for Russia’s companies and lawyers, so they are forging new links in the East
Clifford Chance partner Jared Grubb is advising a group of bondholders seeking $2m from Ukrainian bank VAB Bank after it failed to pay out a coupon due to new Ukrainian foreign currency restrictions.
Collyer Bristow settles Rangers fight for £24m subscription
Collyer Bristow has settled its dispute with Scottish football club Rangers for £24m, bringing an end to the long-running litigation over fees the firm was paid following a controversial 2011 takeover.
An overwhelming majority of lawyers believe the profession is dominated by white, middle-class men and that developing a career in law as a mother is difficult.
Not-for-profit legal group ClientEarth has won a ruling at Europe’s highest court, enabling it to pursue the UK Government for breaches of EU air quality standards in the Supreme Court.
JP Morgan asking for reduced rates in panel review subscription
JP Morgan Chase has launched its latest panel review, having warned firms they will have to cut rates by at least 2 per cent to qualify.
Clifford Chance is advising the Royal Bank of Scotland (RBS) as it prepares for another round of fines from the Financial Conduct Authority (FCA), this time in relation to a 2012 IT meltdown.
China oil giant CNOOC breaks ties with Baker & McKenzie after internal investigation finds conflict of interest subscription
Baker & McKenzie’s relationship with China’s state-owned oil and gas group China National Offshore Oil Corporation (CNOOC) has been put under the microscope after the group sanctioned senior lawyer Kang Xin for not disclosing a conflict of interest with the firm.
EDF Energy has overhauled the career progression structure in its in-house team in order to mirror private practice, prompted by demand from its in-house lawyers.
Bird & Bird has been replaced by Fladgate on the £4bn battle between the Royal Bank of Scotland (RBS) and shareholders over a 2008 £12bn rights issue amid disagreements over fees.
Stephenson Harwood has earned £46,000 from the liquidation of Coventry City Football Club according to recent insolvency filings with Companies House.
It has emerged that Linklaters’ US co-managing partner Jeff Norton stepped down from his post nine months early, leaving Conrad Tenaglia as sole US managing partner.
Clifford Chance, Freshfields Bruckhaus Deringer, Herbert Smith Freehills (HSF) and Linklaters are among the firms advising the banks hit with £2.6bn in fines from the Financial Conduct Authority (FCA) and US regulators for a mass attempt to rig the foreign exchange (forex) market.
Baker & McKenzie, Freshfields and Gibson Dunn cross fingers as HP kicks off panel tender subscription
Baker & McKenzie, Freshfields Bruckhaus Deringer and Gibson Dunn & Crutcher are among firms gearing up for Hewlett-Packard’s (HP) global panel review which began last month.
Russian firm Pepeliaev Group is set to launch two new offices in Russia’s far east to home in on Asian markets following a reduction in Western investment.
Burness Paull and CMS Cameron McKenna have been named on FTSE 250 outsourcing company Interserve’s first Scottish panel after beating seven firms to make the roster.
Linklaters, Clifford Chance, Freshfields and Ashurst have all won roles for the UK’s big four retail banks currently at the centre of a major Competition and Markets Authority (CMA) probe launched last week.
Berwin Leighton Paisner’s (BLP) arbitration head Nicholas Fletcher QC has left the firm to join 4 New Square and Olswang’s arbitration chief Andrew Aglionby has also left for a career at the bar.
Bond Dickinson client Sainsbury’s has lost a High Court appeal over Tesco’s Price Promise campaign after failing to successfully argue that the two food giants’ products could not be fairly compared.
39 Essex Street has expanded its presence in Singapore with 20 Essex Street member Ben Olbourne.
Baker & McKenzie, CMS Cameron McKenna and Taylor Wessing have all advised on the £700m sale of the landmark Gherkin building to the Safra Group controlled by Brazilian billionaire Joseph Safra.
Nottinghamshire CC law boss Jayne Francis-Ward’s unusual approach to external advice has seen her set up an arrangement involving 78 councils and six law firms. That’s what you call relationship management
CVC turns to Freshfields for €700m Paroc acquisition subscription
CVC has turned to long-standing adviser Freshfields Bruckhaus Deringer has for its €700m (£551m) acquisition of Helsinki-based Paroc.
General Motors GC to stand down subscription
General Motors general counsel Michael Millikin is to retire next year after 37 years at the company and five years at the helm of the auto giant’s legal team.
This week’s top 15 legal briefings - 26 October 2014 subscription
The logo clash between Asda and Specsavers; developments in the Ukranian state crackdown into corruption and money laundering and guidance; and warnings on the bring-your-own device trend among major companies
The High Court has ruled that a dispute launched by Eurasian Natural Resources Corporation Ltd’s (ENRC) over adviser Dechert’s £16m legal bill should be heard in private to prevent prejudice to an ongoing Serious Fraud Office (SFO) investigation into the company.
The Serious Fraud Office (SFO) has requested an urgent cash injection of £26.5m – 75 per cent above its core budget – in order to pursue its high-profile fraud investigations and pay out compensation to the Tchenguiz brothers.
Clifford Chance has re-elected senior partner Malcolm Sweeting for a second term following an uncontested election, handing him another four years in the top role.
The explosive $1.6bn oil row between Excalibur Ventures and Texas and Gulf Keystone took a new turn yesterday (23 October) when the High Court ruled the third-party funders backing the case were liable for indemnity costs.
Inheriting the “crown jewels”: Clifford Chance’s private equity chiefs focus on succession subscription
Clifford Chance’s private equity co-heads are determined that their sector remains the “crown jewels” of the corporate team despite high-profile partner exits.
Former Queens Park Rangers chairman Antonio Caliendo has been allowed to keep his conditional fee arrangement (CFA) in a case launched against Mishcon de Reya despite missing a court-ordered deadline.
Linklaters’ new global litigation Michael Bennett has decided not to appoint a new London disputes chief after opting for a more streamlined management group.
Drax to replace UK legal head after two-year gap subscription
Drax is on the brink of appointing its first head of legal for two years in a move which could spark an in-house restructure.
Ofgem has extended its panel for another two years, giving Burges Salmon, Hogan Lovells, Nabarro and Pinsent Masons along with nine other firms a further term as its advisers.
Facebook sues DLA for "fraudulent lawsuit"; DLA slams tech giant's 'intimidation' tactics subscription
Facebook has launched a lawsuit against DLA Piper and a raft of US law firms alleging they represented a fraudulent claimant pursuing Facebook for 50 per cent ownership of the social network.
Burges Salmon, Eversheds and Pinsent Masons have won spots on the Nuclear Decommissioning Authority’s (NDA) reduced legal panel.
National Grid UK GC exits amid panel review subscription
National Grid UK general counsel and company secretary Karen Clayton has left the network in the midst of a full-scale panel review due to be finalised in April 2015.
Specsavers has triumphed in a five-year trademark battle which went all the way to the European Court of Justice, having switched from Eversheds and Blackstone Chambers’ silk Michael Bloch QC to HGF Law and 8 New Square’s James Mellor.
Briefing live: Romania subscription
Panellists at The Lawyer ’s recent Romania briefing heard much to encourage them to get involved in the country
Linklaters launches LGBT ally scheme subscription
Linklaters has continued its push on diversity by launching a new ally programme aimed at support lesbian, gay, bisexual and transgender (LGBT) colleagues.
A raft of firms including Allen & Overy, Freshfields Bruckhaus Deringer and Pinsent Masons and Hogan Lovells has advised on the £1bn sale of three of Heathrow’s airports to a consortium formed by Ferrovial and Macquarie.
EDF has turned to Clifford Chance antitrust partner Jenine Hulsmann to win approval for a nuclear reactor subsidy scheme from the European Commission (EC), enabling the first new nuclear reactors to be built in Britain for 20 years.
Eon head of legal Graham Line has stepped down from his role to lead the company’s response to the Competition and Markets Authority’s (CMA) probe into the energy market.
A raft of chambers and firms, including the likes of Blackstone and Matrix Chambers and Farrer & Co and Nabarro, have emerged as advisers on Supreme Court president Lord Neuberger’s picks of the most significant cases to have been heard in the court.
Freshfields Bruckhaus Deringer’s new heads of corporate, litigation and employment are looking stateside in a bid to hang on to the lead created by former litigation head Christopher Pugh and corporate head Ed Braham.
Nabarro has formed a new French alliance with Lefèvre Pelletier & Associés seven months after breaking up with former alliance partner August & Debouzy.
Berwin Leighton Paisner (BLP), Clifford Chance, Osborne Clarke and Stephenson Harwood are understood to have missed out on Lloyds’ core panel spots in its latest review, which reduced the roster from 12 to 10.
Freshfields Bruckhaus Deringer has chosen German partner Rick van Aerssen as the firm’s new corporate head to replace Edward Braham and litigation partner David Scott to succeed Christopher Pugh in a “radical” reshuffle.
This week’s top 15 legal briefings - 12 October 2014 subscription
Celebrity hacking and action against Google; blockbuster banking reform settlements connected to the Dodd-Frank rules on Wall Street reform; and the liberation of YouTube parody
The newly-formed Competition & Markets Authority (CMA) is looking to hire a director of criminal enforcement as part of three new director roles aimed at beefing up its ability to crack down on cartels.
SFO in court for Alstom bribery case subscription
The Serious Fraud Office (SFO) has enlisted Three Raymond Buildings’ Simon Farrell QC and Rachel Scott for its court case against French train giant Alstom, which it accused of paying around $8m (£5m) in bribes to officials over a six-year period.
Latham & Watkins has won a Court of Appeal hearing for the London Metal Exchange (LME) against Marcfarlanes client Rusal, finding that the exchange had acted fairly and lawfully in imposing new requirements for warehouses.
Longstanding 20 Essex Street clerk Brian Lee has left the set after 26 years to join 7KBW as the chambers’ first marketing director.
EDF Energy launches revamped panel review subscription
EDF Energy has launched its latest panel review and will keep its new roster for three years, replacing its current two-year panel system.
Indian property company Unitech has triumphed again against Deutsche Bank in the latest stage of the long-running $177m (£110m) Libor battle over allegedly missold loans and swaps.
BLP unveils process-mapping scheme subscription
Berwin Leighton Paisner (BLP) has launched a new branch of its efficiency programme launched in March specifically targeting project management and legal process improvement (LPI).
The Court of Appeal has quashed a judicial review of the new rating system for criminal barristers introduced by the Legal Services Board (LSB), bringing an end to the contentious fight against the scheme.
Mishcon de Reya will hold the first-ever management elections for its real estate and employment head roles next month with employment head Joanna Blackburn pledging to step down
Lawyers are among the hardest-working professionals and are likely to stay with their employer for longer according to a career survey conducted by recruitment agency Robert Walters.
“Work three-day weeks and take unlimited holidays”: Kevin Gold's revolution at Mishcon de Reya subscription
Mishcon de Reya managing partner Kevin Gold is facing the firm’s biggest shake-up in a decade.
Tesco general counsel Adrian Morris and 25 other lawyers based at the supermarket’s headquarters will be sent onto the shop floor over the next three months in a campaign launched by chief executive Dave Lewis.
DLA Piper has fought off a derivatives mis-selling case for Natwest and the Royal Bank of Scotland (RBS) which were found to have given “negligent but not actionable” advice to family property company Crestsign.
Nuclear De- commissioning Authority legal head promoted to executive ahead of panel review subscription
Former Nuclear Decommissioning Authority (NDA) legal head Rob Higgins has taken up one of the organisation’s three new executive positions following the exit of commercial director Sean Balmer this year.
Doughty Street Chambers has been forced to upgrade its website hosting arrangements to cope with a surge in traffic following the nuptials of member Amal Alamuddin and Hollywood star George Clooney.
Russian tycoon Sergei Pugachev has switched counsel from Stephenson Harwood partner John Fordham to Fried Frank Harris Shriver & Jacobson for the latest stage of his $2bn injunction battle at the High Court.
Freshfields Bruckhaus Deringer managing partner David Aitman and corporate chief Edward Braham are “taking on Wall Street” and want the US market to think of them a part of an international elite instead of the magic circle.
Freshfields: in a league of its own subscription
Freshfields is taking on corporate America as part of a wider mission – to become a leading player not in the magic circle but in the ‘international elite’
Doughty Street has restructured its clerking team to focus on practice areas and beefed up its criminal team, adding 2 Hare Court’s Maurice MacSweeney as a new business development director.
Cherie Blair QC leaves Matrix Chambers subscription
Cherie Blair QC is to leave Matrix Chambers for legal consultancy firm Omnia Strategy 14 years after co-founding the set.
Nabarro's Molson Coors panel spot under threat subscription
Nabarro’s position on brewer Molson Coors panel is understood to be under threat, with sources saying the company is searching for a replacement debt and competition adviser over the next two months.
Wonga’s first-ever general counsel Lucy Vernall has left the company for internet lender Funding Circle, months after Wonga was forced to pay £2.6m in compensation for sending debt collection letters from fake law firms.
Clifford Chance COO stands down subscription
Clifford Chance global chief operating officer (COO) Amanda Burton is stepping down at the end of the year following a raft of leadership changes at the firm.
What is more important to Freshfields Bruckhaus Deringer? The sacred lockstep or a swathe of heavy-hitting veteran US partners to build up its growing presence in New York and Washington?
Fresh from his triumph in one of the biggest pensions cases to hit the courts, will Pensions Regulator lawyer Marcus Laughton put paid to the ‘toothless poodle’ jibes aimed at the watchdog?
Freshfields bids for US M&A home run subscription
Magic circle player splashes out as it aims for the New York corporate heights
The Society of Conservative Lawyers has published a paper setting out proposals for more devolution to Scotland, England and Wales to establish a “quasi-federal kingdom’ after yesterday’s Scottish ‘no’ vote.
Doughty Street public law exits mount post-Jackson as Paul Bowen QC moves to Brick Court subscription
Doughty Street has lost another public law silk with the exit of Paul Bowen QC to Brick Court, just months after a five-barrister team left Doughty Street for Monckton Chambers.
Ex-Times lawyer Brett cleared of knowingly misleading the court but found to have acted 'recklessly' subscription
The High Court has cleared Times lawyer Alastair Brett of “knowingly” misleading the court but found he had acted “recklessly” in revealing the identity of the ‘NightJack’ blogger when head of legal for the Times.
Quinn Emanuel Urquhart & Sullivan has permanently rolled out its scheme offering associates $2,000 to work anywhere in the world for a week.
Magic circle PE fighting talk subscription
Last week Ropes & Gray chief Mike Goetz said UK firms needed to be worried about their private equity finance “vulnerability”. Now the magic circle is hitting back.
Berwin Leighton Paisner has hired former DLA Piper Asia Pacific head Bob Charlton as its new head of Asia and Hong Kong managing partner.
Pinsent Masons is fielding three employment tribunal claims from an employment partner, senior associate and associate stemming from its employment practice restructuring last year.
Freshfields has continued its dramatic US hiring spree, adding Shearman & Sterling M&A lawyer Peter Lyons as co-head of its public M&A group.
Freshfields taps BT, Deutsche and Morgan Stanley for advice as it launches LGBT diversity scheme subscription
Freshfields Bruckhaus Deringer has launched a new programme aimed at supporting lesbian, gay, bisexual and transgender (LGBT) colleagues after taking advice from senior legal figures from BT, Deutsche Bank and JP Morgan.
Clyde & Co partner Julian Connerty is advising a group of shareholders planning to sue the Royal Bank of Scotland (RBS) for allegedly forcing small companies out of business through its global restructuring group (GRG).
Linklaters has named London litigation head Michael Bennett as its new global litigation head and put him in charge of a new standalone litigation team, condensing two executive committee roles into one.
Berwin Leighton Paisner (BLP) is understood to be consulting on three methods of expediting the partner exit process after an internal protest forced the firm to scrap the results of a June vote.
Litigation funding peer panel: Beyond acceptance subscription
Third-party funding is gaining credibility and more firms are willing to get in on the provider act, developing the market further
Scottish firms’ destiny in the balance subscription
One firm moves its money to England, fearing a run on banks if UK splits apart
Linklaters has named Stuart Bedford as its new London corporate head, replacing former head Sarah Wiggins just four months after she was put in post.
Essex Court Chambers is taking on Gourab Banerji as an overseas associate in a sign of the bar’s increasing focus on the Indian market.
Shepherd & Wedderburn and TLT are understood to have replaced Eversheds and Pinsent Masons as the two firms in the running to become Heineken’s first sole adviser.
US firm Duane Morris has become the first US law firm to enter Sri Lanka by forming an alliance with Sri Lanka-based Gowers International Legal Consultants.
Enyo Law has triumphed over White & Case in the High Court after the judge ruled that a Russian senator could continue his $2bn US lawsuit against his former associates for the proceeds of BP-Rosneft oil deal.
Serjeants’ Inn Chambers has overhauled its management team and added two clerks from Outer Temple Chambers and 1 Garden Court
Save the Children International (SCI) general counsel Elizabeth Stephen has left the charity on sabbatical, prompting a hunt for her replacement.
Both Irwin Mitchell and HowardKennedyFsi have been replaced on a Saudi Prince’s battle with a former shareholder which is headed for the Supeme Court next month.
Linklaters has been named the first organisation in the UK to achieve a new equality standard launched by EY and a group of UK businesses including Nestle, Vodafone, RBS and Microsoft UK.
Scotland’s top independent firms have pulled out of the recession in earnest in 2013/14, with the top 20 turning over a combined revenue of £438.2m, a rise of 8 per cent on £406.9m the previous year.
White & Case has added Allen & Overy (A&O) capital markets partner Gernot Wagner to its Frankfurt office in a continued push to bulk up its European finance practice.
Bevan Brittan has hired the former chief executive of Birmingham Council as a consultant to advise public sector clients on non-legal issues surrounding new service delivery models and legislative change.
Hogan Lovells has created two global project management roles and hired two senior managers from Berwin Leighton Paisner (BLP) and Accenture as part of a firm-wide pilot set to conclude at the end of the year.
Nabarro adds three lawyers to Dubai office subscription
Nabarro has doubled its Dubai office, adding a Dentons associate, local barrister and counsel in a bid to beef up its constructions disputes practice overseas.
Herbert Smith Freehills’ (HSF) COO Janet Young has left for Australian firm Minter Ellison, two years after being appointed to the newly merged firm’s global executive team.
Skanska general counsel joins Orrick in US subscription
Skanska’s general counsel for infrastructure development, Kenneth Schuhmacher, has joined Orrick Herrington & Sutcliffe’s energy and infrastructure group in New York
Freshfields bolsters US M&A and finance practices with new group heads from Wachtell and Skadden subscription
Freshfields Bruckhaus Deringer has added two partners, fomerly of elite US firms, to the newly created roles of M&A and leveraged finance heads in the US.
Herbert Smith Freehills (HSF) could open support centres in countries such as China, India, Malaysia or Thailand depending on the result of an ongoing consultation into its Belfast office.
A former Freshfields Bruckhaus Deringer associate with strong links to the Three Crowns arbitration boutique founded by a team of ex-partners has joined Doughty Street.
Freshfields Bruckhaus Deringer’s dispute resolution head is recruiting a new global leadership team responsible for project management and could lure an in-house contact to take overall responsibility for the group.
CMS Cameron McKenna, Pinsent Masons and Simpson Thacher & Bartlett have advised on one of the largest ever private equity investments in North Sea oil, with the $500m (£301m) launch of Blackstone and Blue Water Energy-backed company Siccar Point Energy.
Baker & McKenzie has picked up Clifford Chance’s Hong Kong head of competition, consultant Stephen Crosswell, for its Hong Kong office.
Special Report: Environment – Air pressure subscription
A fight to take the UK to task for breaching air pollution limits has reached Europe’s highest court, but such action could be harder to achieve in future
Birketts has been exposed by the Solicitors Regulation Authority (SRA) as the subject of a scam after members of the public received emails purportedly from the UK Border Agency advising them to send money to the firm.
Mishcon de Reya has named partner Adam Rose as its new international development head following the departure of international development director Rita Jardim.
Deloitte has turned to Latham & Watkins and Taylor Wessing to advise it on potential claims arising from the explosive row between Hewlett-Packard (HP) and Autonomy in the months before the latter’s $11.1bn takeover.
CVC Capital Partners has been ordered to pay €129m (£103m) to Budweiser brewer Anheuser-Busch InBev (AB In Bev) in a court battle over a 2009 deal, after turning from Freshfields Bruckhaus Deringer to Allen & Overy (A&O).
Wachtell to pursue Deloitte in HP Autonomy row subscription
Wachtell Lipton Rosen & Katz is to pursue Deloitte on behalf of Hewlett-Packard (HP) in an escalation of the company’s row with software firm Autonomy over its doomed 2011 acquisition.
FTSE 250 company Essar Energy’s legal team is being restructured following its controversial de-listing and general counsel Sheena Singla is considering an informal panel shake-up as a result.
Gateley is doubling its presence in Leeds with an office move three years earlier than planned after adding 22 lawyers in 18 months.
Heinz’ European general counsel Janice More has left the company following its £18bn takeover by a US investment consortium last year.
Thomas Eggar has become the latest firm to overhaul its business support function and centralise its document production staff on the back of its merger with Pritchard Englefield last year.
Baker & McKenzie, Mayer Brown, Olswang and Slaughter and May have all won spots on Unilever’s inaugural panel.
Third Citigroup in-house lawyer exits bank in US subscription
Citigroup has lost its New-York based global consumer business general counsel following the exit of two other in-house lawyers earlier in the year.
Clifford Chance is understood to be losing four private equity associates to join partners at firms including Latham & Watkins and Simpson Thacher & Bartlett, underlining the vulnerability of magic circle firms to headhunters acting for US firms in London.
Firms vying for spots on Lloyds’ own-account panel have been given a week to file tender submissions to the bank in preparation for an October panel unveiling.
Stewarts Law will launch a tax litigation group in 10 weeks’ time to hone in on the swathe of tax-related cases hitting the courts.
Dentons, Linklaters, Travers Smith and Weil Gotshal & Manges have settled a £184m battle between the Pensions Regulator and Lehman Brothers administrators PricewaterhouseCoopers (PwC).
Mishcon de Reya is to vote next month on converting to an LLP and bringing all of its salaried partners into the equity.
Clifford Chance client US defence company Raytheon Systems has won over £224m from the Home Office after an arbitration tribunal ruled the Government unlawfully terminated its e-borders contract in 2010.
Quinn Emanuel Urquhart & Sullivan and litigation boutique Leon Kaye have formally joined the £4bn shareholder battle brought against the Royal Bank of Scotland (RBS) over its 2008 rights issue.
Clifford Chance’s new managing partner and corporate head are turning around the firm’s conservative reputation by taking an axe to the leadership team and getting tough on partners’ remits.
Barclays has turned to Sullivan & Cromwell to defend it against fraud allegations in the US, as analysts predict the bank could face a £1.2bn bill for a raft of litigation.
Bevan Brittan makes it two in a row as London's Barnet and Harrow awarded local authority ABS subscription
The London boroughs of Harrow and Barnet, which recently merged their legal groups, have become the second local authority in-house team to be awarded an alternative business structure (ABS) licence, following Buckinghamshire County Council last week.
Nabarro is launching a new regime of fixed-fee deals across its litigation practice which will see the firm shoulder risk for its clients.
Baker Botts, Weil Gotshal and Vinson & Elkins advise on Kinder Morgan $70bn pipeline deal subscription
Baker Botts, Weil Gotshal & Manges and Vinson & Elkins have advised on Kinder Morgan’s blockbuster $70bn consolidation of its related pipeline companies, marking the biggest energy merger since ExxonMobil 12 years ago.
JP Morgan Chase retail GC exits bank subscription
JPMorgan Chase & Co’s retail-banking general counsel Matthew Biben has left the bank three years after joining.
HSF client Drax loses £1.3bn Government subsidy case subscription
Herbert Smith Freehills (HSF) client Drax has been defeated in the Court of Appeal over £1.3bn in Government renewable energy subsidies.
Two former News International (NI) lawyers including a former Harbottle & Lewis partner and the company’s former director of legal affairs will face the Solicitors Disciplinary Tribunal over alleged cover-ups in the phone hacking scandal.
Trowers & Hamlins’ Jennie Gubbins: Learning lessons subscription
Senior partner Jennie Gubbins is concerned the market is still not getting Trowers & Hamlins.
Herbert Smith Freehills (HSF) is stepping up to defend the second major bailed-out bank facing a shareholder dispute over losses during the recession.
A fraud battle brewing between Hewlett-Packard (HP) and former Autonomy managers could see Clifford Chance and Wachtell Lipton Rosen & Katz squaring off in the High Court.
Sidley Austin has triumphed in defending Investec against a £6.3m High Court battle brought by two former traders against their 2010/11 bonuses.
Trowers & Hamlins is to set up a new document production centre in its Birmingham office after losing 34 secretaries in a redundancy consultation.
Clydesdale Bank has named Eversheds, Harper Macleod, Morton Fraser and Optima as the four firms on its new recoveries panel.
The bar 2020: Divide and rule subscription
Jackson, legal aid cuts and pressure on fees have put the bar on course for a fractured future where commercial stars race ahead and others hit a dead end
The UK bar’s four leading sets have grown their turnover over the past five years from £164.5m in 2009/10 to £236.2m last year, UK200 data has revealed.
The High Court has ruled that a failure by Hill Dickinson to obtain a guarantee over the condition of a yacht sold by property tycoon Christian Candy did not lead to its client’s losses.
Russia has been ordered to pay €1.9bn (£1.5bn) in compensation to shareholders of Yukos by the European Court of Human Rights (ECHR), the largest ever award for pecuniary loss.
Clifford Chance managing partner Matthew Layton has appointed a new-look executive leadership group to replace its management committee following a dramatic overhaul earlier this month.
Mishcon de Reya will pay over £66,000 in damages and interest to a former client after partially losing a professional negligence case in the High Court.
SFO settles Tchenguiz battle for £4.5m subscription
The Serious Fraud Office (SFO) has agreed a £1.5m out of court settlement with Robert Tchenguiz, bringing a final close to its £300m battle with the two brothers.
In-house legal teams expect to be larger and in control of bigger budgets next year according to new research revealing a 60 per cent rise in headcount in EMEA in-house teams since 2010.
Supreme Court calls time on Greek yoghurt food fight subscription
The Supreme Court has sided with the makers of Total yoghurt, Fage, in refusing US rival Chobani permission to appeal the definition of Greek yoghurt.
The Court of Appeal has threatened to strike out Travers Smith client Sebastian Holdings’ (SHI) appeal against Deutsche Bank unless it pays over $250m to the bank.
Baker & McKenzie advises as Gherkin goes up for sale subscription
Baker & McKenzie is advising on the sale of the City’s landmark Gherkin building months after handling its collapse into receivership earlier in the year.
A group of six firms including Eversheds, Harper Macleod and Norton Rose Fulbright have lost their places on the combined Clydesdale Bank and Yorkshire Bank national panel.
Brick Court Chambers has restructured its clerking team following the exit of longstanding joint senior clerk Deborah Anderson.
The Serious Fraud Office (SFO) has ended its record battle with Vincent Tchenguiz after agreeing to settle his £200m damages claim for £3m.
The Jackson reforms have left litigators negotiating the line between over and under-disclosure, while some are using the confusion as a strategic device
Which London sets reign on fees? subscription
London’s top chambers reveal a stellar year so far with reports of increases in barrister revenues
What do Slater & Gordon and Tom Cruise have in common? Both make people think of Long Island Ice Teas, according to brand consultancy Intangible Business.
Clifford Chance has overhauled its constitution in order to scrap leadership elections and replace them with appointment by managing partner Matthew Layton.
Clifford Chance has cut its practice group representation on its management committee from six to three in a comprehensive overhaul.
London set 39 Essex Street Chambers is to leave the comfort of the Inns of Court to take up residence in Chancery Lane after adding a 25-strong barrister team from 4 -5 Gray’s Inn Square in 2012.
Gray’s Inn Tax Chambers (GITC) has seen three silks walk out in the last three months, with Devereux becoming the latest to add a member from the set.
Investment banker Geoffrey Logue has settled his legal battle against Stewarts Law, in a case that resulted in two of its solicitors being struck off following a private prosecution last year.
Naomi Campbell’s oligarch ex Vladislav Doronin has dropped Sidley Austin for Herbert Smith Freehills (HSF) for the latest round of his High Court battle with his business partners.
BLM has seen its profitability return to growth with average profit per equity partner (PEP) rising 11 per cent from £224,000 to £249,000 in 2013/14.
Clifford Chance’s new corporate chief has named private equity dealmaker Jonny Myers as private equity co-head alongside Oliver Felsenstein.
Travers Smith has boosted turnover by 13 per cent from £86.2m to £97.2m in 2013/14, while average profit by full equity partner (PEP) rose by 12 per cent to £882,000 compared with £790,000 a year ago.
The Supreme Court has boosted the potential for investors to recover money taken in bribes and secret payments from insolvent agents who breached their client duties in a ruling handed down yesterday (16 July).
The Serious Fraud Office (SFO) has switched lead counsel in one of its biggest ever cases, instructing Blackstone Chambers’ Pushpinder Saini QC in place of Serle Court’s Dominic Dowley to lead the defence of a £300m claim from the Tchenguiz brothers.
Growth has slowed at Stewarts Law following a five-year meteoric rise, with revenue increasing by 3.5 per cent from £45.2m in 2012/13 to £46.8m in 2013/14 while net profit stayed flat at £20.4m.
Landmark Chambers’ barristers boosted their combined fee income by 21 per cent over the 2013/14 financial year, from £26.3m at the end of 2012/13 to £32.5m.
Linklaters has appointed current Asian corporate head Matthew Middleditch as its new global corporate head to replace outgoing chief Jeremy Parr.
What do you do when you fail to win a panel place for reasons you think are “inexplicable”? Sue?
Robert Tchenguiz switches Shearman & Sterling for Stephenson Harwood in £300m SFO trial subscription
Shearman & Sterling has lost one of the biggest litigation mandates of the year after business tycoon Robert Tchenguiz swapped the US firm for Stephenson Harwood in his £300m case against the Serious Fraud Office (SFO).
DWF is gearing up for a High Court showdown with the Government over its decision to choose Shepherd and Wedderburn over the firm as an adviser to the Insolvency Service.
British Telecommuncations’ (BT) in-house team has triumphed against King & Wood Mallesons SJ Berwin (KWMSJB) and Herbert Smith Freehills (HSF) in a Supreme Court battle over BT’s call charges to mobile operators.
Freshfields Bruckhaus Deringer has pushed up revenue by 1 per cent at the 2013/14 year end to £1.232bn, while average profit per equity partner (PEP) increased by 6 per cent from £1.398m to £1.48m.
Linklaters has returned to its strongest revenue position in five years after boosting turnover to £1.255bn for the 2013/14 financial year, up 5 per cent from £1.195bn.
Cake or biscuit? The Scottish court decides subscription
HM Revenue & Customs is forced to defend its policy of charging VAT on biscuits and not cakes in what is a tough taste challenge for the Scottish courts
A&O, Freshfields, Hogan Lovells, and Simmons among firms taking spots on Barclays' reduced panel subscription
Barclays has chopped its global panel by 30 per cent after unveiling a new-look structure made up of general and preferred advisers.
Nabarro has posted flat revenue for the 2013/14 year-end up 0.3 per cent from £116.3m to £116.7m, while average profit per equity partner (PEP) grew by 10.5 per cent from £430,000 to £475,000.
Revenue soared to its highest-ever level at Clifford Chance in the 2013/14 financial year to reach £1.359bn, 7 per cent boost on the £1.271bn turnover posted at the end of the previous financial year.
South West firm Temple Bright has scooped a three-lawyer team from Nabarro to launch an energy and climate change practice.
Brick Court senior clerk to join Hardwicke subscription
Top 30 London set Hardwicke is to be bolstered by the arrival of former Brick Court senior clerk Deborah Anderson.
Get used to working together, bank advisers told subscription
Banks get serious about collaboration among panel law firms
Lawyers on Demand to launch in Manchester subscription
Berwin Leighton Paisner’s (BLP) legal contractor Lawyers on Demand (LoD) has launched a Manchester hub as part of the firm’s move into the region.
Deutsche Bank and Canary Wharf Group are seeking a court resolution over a financing deal following the £795m sale of Clifford Chance’s 10 Upper Bank Street building.
Former News of the World (NotW) editor, DLA Piper client Andy Coulson has been found guilty of phone hacking charges while Rebekah Brooks, who was represented by Kingsley Napley partner Angus McBride, has been acquitted.
Barclays: work together to keep panel place subscription
Banking giant Barclays has told panel firms that they should team up as single units as part of its latest panel review process.
Taylor Wessing has continued its international expansion with the launch of US offices in Palo Alto and New York.
Royal Bank of Scotland (RBS) has turned to change theorist Richard Susskind for advice on its next panel process, which is expected to result in its adviser roster being reduced for a second time.
Is Linklaters ready for a China alliance? subscription
Is Linklaters on the hunt for an alliance in China? Sources suggest the magic circle firm has been touting the market for a deal, but it's by no means done. Reporter Kate Beioley discusses the opportunities that lie ahead
Clifford Chance is to vote next month on slashing its management committee from 16 to nine in Matthew Layton’s first key move as leader.
A ruling allowing McLaren to claim tax back on a £32m fine for spying on rival Ferrari has been overturned by the UK’s Upper Tax Tribunal.
Quartet of firms lead as CMA drops sports bra price-boost probe against major retailers subscription
DLA Piper, Lewis Silkin, Reed Smith and Shepherd & Wedderburn have deflated a probe into the artificial boosting of sports bra prices by the UK’s new competition watchdog.
The Ministry of Defence (MoD) is on the hunt for an expanded panel after turning its back on the idea of scrapping or reducing its dedicated roster.
7KBW and 39 Essex Court have settled a payment protection insurance (PPI) mis-selling battle between Lloyds subsidiary Black Horse and a customer on the day it was to appear in the Supreme Court.
Transport for London’s (TfL) in-house lawyers have launched a court action in the row between black cab and Uber taxi drivers.
Dentons has ramped up its war of words with the media and industry analysts over financial transparency.
Banks seem to have woken up to the idea that litigators are better together and have been reorganising their legal teams accordingly.
China Life to buy Clifford Chance HQ for £780m subscription
China’s biggest life insurer China Life is set to buy Clifford Chance’s Canary Wharf headquarters in a £780m deal, according to media reports.
BP panel review to be wrapped up within a fortnight subscription
BP’s ongoing panel review process is drawing to a close, with firms expecting to be told if they have scooped a UK panel place before the end of June.
Bird & Bird has lost an appeal for airline Jet2.com against a delayed passenger in a ruling which could pave the way for millions of airline compensation claims.
Ofwat names former Ofgem legal director as first GC subscription
The UK’ s water industry watchdog Ofwat has appointed former Ofgem legal director Elizabeth Hillman as its first general counsel following a management reshuffle.
Addleshaw Goddard, CMS Cameron McKenna, Freshfields Bruckhaus Deringer and Osborne Clarke have won the main spots on Scottish and Southern Energy’s (SSE) first formal panel.
Thorntons secures three-way Scottish merger subscription
Scottish law firms Thorntons, Murray Donald and Steel Eldridge Stewart are to merge later this year to create the largest law firm in eastern Scotland.
Nabarro plays catch-up on technology as senior partner Stedman reveals priorities for IT investment subscription
Nabarro senior partner and self-confessed “IT geek” Graham Stedman is heralding a major set of investments in technology ahead of the firm’s move to 125 London Wall this year.
Linklaters, Ashurst and BLP line up as Lloyds prepares for second panel review in a year subscription
Lloyds Banking Group panel firms are gearing up for the second panel review in a year as the banks own-account roster goes up for grabs.
Baker Botts has returned to advise Russian state-owned energy giant Rosneft after adding former a former Linklaters lawyer and Rosneft contact to its team.
The Lawyer GC Summit: Expose the hidden value subscription
How GCs can prove their worth and why the ‘zero sum game’ played with external firms should stop were hot topics at our recent summit in Portugal
Barclays has overhauled its legal function to create a streamlined global litigation group reporting directly to its general counsel and has also launched a new global financial crime team.
Broadcasting group Starbucks (HK) Ltd is making a final bid to win its trademark battle against British Sky Broadcasting (BSkyB) after being granted permission to appeal an earlier ruling at the Supreme Court.
Former 1 Gray's Inn Square barrister struck off subscription
A former 1 Gray’s Inn Square barrister jailed last year for avoiding paying £77,000 in income tax and VAT has been struck off by the Bar Standards Board (BSB).
Lord Alan Sugar has hit Kinglsey Napley with a £1.3m professional negligence claim over an allegedly botched property deal, according to papers filed at the High Court.
Heineken is expected to hand its new sole advisory mandate to either Eversheds or Pinsent Masons but neither CMS Cameron McKenna nor Freshfields Bruckhaus Deringer are expected to be invited to tender for the contract.
Former Ince partner quits for 39 Essex Street subscription
Former Ince & Co litigation partner Denys Hickey has quit the firm for the bar to join 39 Essex Street Chambers.
Partners at Squire Sanders and Washington DC-based Patton Boggs have agreed to merge the firms and new outfit Squire Patton Boggs will launch within a week.
Utility company South Staffordshire Plc has cut its informal panel from 25 to four with DWF, Wragge Lawrence Graham & Co, SGH Martineau and SAS Daniels being awarded the mandate to advise the company.
The former general counsel of Islamic bank Gulf Finance House (GFH) Capital David Haigh has been arrested in Dubai, reportedly in relation to alleged financial irregularities surrounding GFH’s ownership and sale of Leeds United Football Club.
Manchester-based Linder Myers is understood to have put up to 50 jobs under a redundancy consultation on recommendation from Assure Law, which rescued the firm from administration earlier this year.
BBC litigation head Banno quits for Baker & McKenzie subscription
BBC’s head of litigation Nadia Banno is leaving to join Baker & McKenzie just two years after taking up the head role at the BBC.
A solicitor jailed for 21 months following US bribery charges has been struck off by the Solicitors Disciplinary Tribunal (SDT) and ordered to pay £7,000 costs.
The Financial Services Compensation Scheme (FSCS) is on track to rack up £30m in legal fees after instructing Herbert Smith Freehills (HSF) to recoup money it paid out following the collapse of the Keydata investment scheme.
Berwin Leighton Paisner has unveiled a 5.6 per cent rise in turnover for the 2013/14 financial year to £246m and boosted profit per equity partner (PEP) to £542,000.
Freshfields Bruckhaus Deringer is the most popular legal brand in London and the UK among general counsels, research by Acritas claims.
Indian property company Unitech will pursue Libor-based claims against Deutsche Bank after the Supreme Court refused the bank permission to appeal (PTA) a claim amendment accepted by the Court of Appeal.
BLP loans £2.65m to Lawyers on Demand for 20% stake subscription
Lawyers on Demand’s (LoD) first set of accounts since being spun off from Berwin Leighton Paisner (BLP) reveal that the firm gave LoD a £2.65m loan to allow it to acquire 20 per cent of the business for £2.8m.
Clifford Chance has named banking partner Barbara Mayer-Trautmann as its newest partnership council member following new Middle East partner Robin Abraham’s election to Middle East managing partner.
Nabarro is gearing up for its first managing partner elections in 15 years, three years after the board appointed incumbent Andrew Inkester in 2011.
Linklaters has implemented pay rises for all associates with 3 year PQE lawyers seeing the biggest rise, receiving a salary boost of 5 per cent from £89,000 to £93,500.
Patton Boggs has handed over $15m to Chevron and issued a statement of regret, bringing to an end its high-profile legal battle with the oil giant.
Clydesdale Bank has launched its first panel review since appointing general counsel Jennifer Darbyshire in 2012 and overhauling its legal team.
Freshfields Bruckhaus Deringer’s former chief information officer (CIO) Paul Domnick has taken up leadership of software and risk management company Litéra after stepping down from his role at the magic circle firm late last year.
A total of eight firms including Ashfords, DLA Piper and Eversheds have lost their places on the Homes & Communities Agency (HCA) panel, which has been slashed from a total of 14 firms to just nine.
Former Dewey partners to join cases against Barclays subscription
Three former Dewey & LeBoeuf partners have joined their cases against Barclays in an attempt to prove that the bank and defunct firm induced them to take on individual debts to keep Dewey afloat.
Sainsbury’s has added TLT and King & Wood Mallesons SJ Berwin to its revamped roster in its third panel review.
Arbitration: Little big league subscription
Ex-Freshfields star Jan Paulsson is the latest arbitrator to set up a boutique practice. They’re small and perfectly formed – but are these firms the future?
Open relationship for CMS and Dundas? subscription
They’re officially hitched, but CMS and Dundas still have some wooing to do
A year after CMS Cameron McKenna first crossed the threshold of Dundas & Wilson with its tantalising proposal, the merger between the two firms has gone live.
A storm is brewing in the litigation funding market as questions are raised over the source of Argentum’s financial capital. Now the funder has exited the Association of Litigation Funders. Reporter Kate Beioley investigates.
CMS Cameron McKenna and Dundas & Wilson have cut 60 support roles ahead of their £277m merger this week.
Wait is over as Lloyds finalises customer-pay panel subscription
Lloyds Banking Group has finalised its long-awaited customer-pay panel in what marks the first formal process for its third-party roster.
CMS Cameron Mckenna has made up 30 partners in its latest promotions round but Dundas & Wilson has only promoted one ahead of the merger between both firms this week (1 May).
Freshfields arbitration head relocated to Singapore subscription
Freshfields Bruckhaus Deringer has relocated its global international arbitration head to Singapore after a host of exits from the team.
Dundas & Wilson will exit its Aberdeen and London bases early in preparation for the launch of its merger with CMS Cameron McKenna next week (1 May).
The Bar Standards Board has launched an investigation into 39 Essex Street silk Peter Village QC after he allegedly made derogatory remarks about disabled people living in a west Suffolk village.
Norton Rose Fulbright has made up 46 new partners in its first promotions round since its merger last year, up from 33 in 2013.
Eight firms including Slater & Gordon, Irwin Mitchell and Hodge Jones & Allen are gearing up to battle Osborne Clarke over claims for compensation from the £3.3m estate of former TV presenter Jimmy Savile.
Clifford Chance has made up 21 partners, one more than the year before, with one third of its promotions based in Asia.
The High Court has ordered the investment vehicle R20 owned by Robert Tchenguiz to surrender £2.5m by way of security for costs after the company’s sudden decision to chop its claim against the Serious Fraud Office (SFO) by £1.2m.
Clifford Chance clears RBS of fraud allegations subscription
Clifford Chance has found no evidence that the Royal Bank of Scotland (RBS) set out to defraud small business customers in order to turn a profit, following allegations contained in a report by Lawrence Tomlinson last year.
How far do you carry the can? subscription
Supreme Court ruling may have serious liability implications for lawyers
Morgan Cole and Blake Lapthorn have finally decided that three’s a crowd and, after months of flirting with Boyes Turner, gone ahead with a traditional two-way merger.
Supreme Court to examine scope of solicitor's duty subscription
The Supreme Court is to examine the scope of a solicitor’s duty and whether they are legally required to warn clients about commercial risks.
Linklaters has rolled out its female leadership initiative across its global offices in a bid to maintain the increase in the number of women making partner at the firm.
London Mining GC: Ground rules subscription
London Mining GC Rohit Bhoothalingam had to show his grit last year for a legal battle worth more than the company itself
HBJ Gateley has made up four partners to its Edinburgh and Glasgow offices, up from two the previous year.
Nabarro appoints first non-exec director subscription
Nabarro has appointed its first non-executive director as a board member after taking on former Guardian News & Media director of international and business development Stella Beaumont.
A senior criminal judge has been criticised over his handling of a trial last year, which led to the conviction of former 39 Essex Street barrister Rohan Pershad QC.
Irwin Mitchell has expanded its new IP practice with the hire of IP lawyer Katrina Burchell and is planning on doubling in size over the next year by taking a personal injury volume approach to the IP market.
Linklaters has rejigged its 16-strong international board after litigator Greg Reid and corporate partner Tom Shropshire confirmed they would not stand for second terms.
Eversheds has become the latest to issue a cash call to its 164 fixed-share partners following HMRC’s crackdown on partnership tax.
Leeds-based Simpson Millar has been acquired by AIM listed financial services group Fairpoint Group after shelving discussions with Slater & Gordon in January.
The Serious Fraud Office (SFO) could rack up legal bills of more than £18.5m defending claims totalling £300m from the Tchenguiz brothers, Robert and Vincent.
Brick Court senior clerk Deborah Anderson quits subscription
Brick Court Chambers is considering whether to restructure its clerking team following the surprise resignation of joint senior clerk Deborah Anderson.
The Financial Conduct Authority’s (FCA) independent directors have appointed Clifford Chance litigator Simon Davis to conduct an inquiry into its botched announcement of an investigation into the insurance industry.
Guardian Care Homes has agreed to settle its multi-million pound Libor battle against Barclays Bank over the misselling of financial instruments.
A mammoth team of advisors including Cleary Gottlieb Steen & Hamilton, Freshfields Bruckhaus Deringer and Linklaters has turned out to advise Lafarge and Swiss giant Holcim in their €40bn merger.
Cadbury has exhausted all avenues to trademark the colour purple after its application to appeal was refused by the Supreme Court.
Dentons has hired Baker Botts partner Dominic Pellew into its international arbitration group in Russia and London.
Pinsent Masons adds Beijing infrastructure partner subscription
Pinsent Masons has added to its Asian infrastructure group with the hire of Formosan Brothers construction and disputes partner Helena Chen in Beijing.
Linklaters makes up 21 in latest promotions round subscription
Linklaters’ partner promotions have fallen to 21 from 24 in 2013 and the firm has reduced its focus on the mainstream corporate group.
Peer panel: Construction – Rebuilding subscription
Beyond the headline infrastructure projects, UK construction work is still recovering from the clobbering it took during the slump
A former Reed Smith and legacy Denton Wilde Sapte solicitor has been struck off and ordered to pay £160,000 costs for spending client money which should have been paid to counsel.
Irwin Mitchell London employment head John Hayes has quit to join Wragge & Co, just days chief executive John Pickering announced his retirement from the firm.
Ince & Co cuts 10 in shipping and finance subscription
Ince & Co has confirmed it is to cut 10 shipping and finance fee earners and six secretarial staff following its redundancy consultation launched in February.
Hogan Lovells latest to issue HMRC cash call subscription
Hogan Lovells has called on its non-equity partner to inject between £60,000 and £100,000 in response to the HM Revenue & Custom’s partnership tax crackdown.
Washington lobbying firm Patton Boggs is facing a legal battle against oil giant Chevron following a US court ruling that the New York court had jurisdiction to hear fraud claims being pursued against the firm.
Morgan Cole promotes two ahead of July merger subscription
Morgan Cole has promoted two partners to its Oxford and Cardiff offices as well as promoting 20 others members of staff within the firm.
Morgan Cole is on the brink of closing a 14-strong redundancy consultation in Swansea following the offloading of its claims group to DAC Beachcroft and Berrymans Lace Mawer (BLM) last year.
Dentons has made its second US merger play in under a year, entering Washington lobbying firm Patton Boggs and Squire Sanders’ tie-up talks.
General counsel at Shell – “the best job in law” according to Peter Rees QC. So what prompted the silk to stand down two years ahead of schedule in November 2013?
The Pension Protection Fund (PPF) has handed roles to six firms including Norton Rose Fulbright, Osborne Clarke and DWF in the last of a series of panel reviews.
Clarke Willmott has been kicked off the Crown Estate’s rural panel in favour of a consolidated roster comprising Bond Dickinson and Burges Salmon.
Drinks giant Diageo has named Addleshaw Goddard, Pinsent Masons and Slaughter and May its formal ‘preferred suppliers’ in the UK following a four-month review.
White & Case offered Linklaters private equity (PE) associates up to £40,000 in ’golden hellos’ to join star PE partners Richard Youle and Ian Bagshaw when they quit the magic circle firm.
The £2m cost budgeting threshold for commercial cases in the UK courts has been raised to £10m, bringing a raft of civil cases under stricter budgeting measures.
Trowers & Hamlins has made its smallest promotions round in four years, making up four partners, down from seven the year before.
Withers is set to launch an appeal after being ordered to pay £1.6m in damages by the High Court.
Nabarro has slashed its partner promotions, making up three this year compared to its a bumper partner round of eight last year.
A&O facing SRA probe over Dahdaleh bribery trial subscription
Two Allen & Overy (A&O) partners are facing an SRA investigation over what their barrister called an “extraordinarily ill advised” meeting during a high-profile bribery trial against businessman Victor Dahdaleh.
Clifford Chance has named banking and finance partner Robin Abraham as new Middle East managing partner to replace current head Graham Lovett.
Unilever kicks off first-ever panel review subscription
Unilever has kicked off its first formal panel review, which could formalise relationships with Slaughter and May, Mayer Brown and Baker & McKenzie among others.
You are the Serious Fraud Office (SFO), looking into allegations that a Canadian-British businessman funnelled billions of dollars in bribes to a Bahraini aluminium company to secure contracts. Who do you turn to to help with your investigation?
Trowers puts secretarial jobs on notice across UK subscription
Trowers & Hamlins is putting secretarial jobs at risk across all of its UK offices with the potential of launching a formal consultation over the next few months.
Trowers creates public sector national team subscription
Trowers & Hamlins has expanded its national practice groups to include a dedicated public sector division in its Birmingham base.
Berwin Leighton Paisner has taken eight associates into the partnership across its London, Moscow and Hong Kong offices.
Ashfords adds two partners to real estate team subscription
Ashfords has expanded its real estate team with the hire of two lawyers from Allen and Overy (A&O) and Gordon Dadds.
Freshfields Bruckhaus Deringer is about to kickstart the hunt for a London corporate head with former Asia managing partner Simon Marchant and deal-maker Julian Makin emerging as early frontrunners.
CMS Cameron McKenna and Dundas & Wilson have put 60 jobs at risk following their planned merger in five week’s time.
Coach company National Express has hired Burges Salmon banking and transport partner Sandra Forbes as general counsel.
Burges Salmon focuses on banking in partner promos subscription
Burges Salmon has prioritised women and finance work in this year’s promotions round, with four lawyers joining the partnership - one more than last year.
Blake Lapthorn is set to merge with Morgan Cole on 1 July 2014 to create a firm with a combined turnover of £72m.
Scottish & Southern Energy (SSE) has cut Herbert Smith Freehills from its defence roster in favour of Freshfields Bruckhaus Deringer as part of its first ever panel review.
Clifford Chance, Simpson Thacher & Bartlett and Travers Smith have all scooped roles on the £1.2bn IPO of Pets at Home.
The LCIA: New rules and new frontiers subscription
The LCIA is changing, but is it moving quickly enough?
Clifford Chance has toppled six spaces in this year’s global project finance rankings as Allen & Overy (A&O) rises to pole position with $94.9bn worth of deals.
The National Grid has kicked Irwin Mitchell off its debt recovery panel and replaced it with Shakespeares ahead of a full-scale review to take place this summer.
Thames Water extends BLP contract to 2018 subscription
Berwin Leighton Paisner (BLP) will hold on to its contract to run Thames Water’s legal function until 2018, the firm announced today.
Virgin Media has appointed a new general counsel from American media company Scripps Networks Interactive.
Stephenson Harwood has triumphed against Weightmans in batting a $152m fight between two Nigerian energy giants over an arbitration award out of the British legal system.
Scottish Power head of legal: Power steering subscription
Scottish Power’s Glaswegian head of legal Marion Venman is driving an international agenda of integration, with language lessons at its core
See you later, arbitrator subscription
Top disputes partners are quitting all over the place for the quieter boutique life
The flood of arbitration exits from Freshfields Bruckhaus Deringer has continued with the exit of three German arbitrators to launch a boutique, with conflicts of interest cited as the driving force behind the departures.
Female lawyers to get their own football league subscription
Footballing female lawyers could soon join their male counterparts with their own legal football league.
The Central London Employment Tribunal has upheld a former ABN Amro lawyer’s unfair dismissal claim against the bank but thrown out her 41 allegations of racial discrimination.
Dundas & Wilson has promised nine partners guaranteed remuneration of £280,000 ahead of its proposed merger with CMS Cameron McKenna, the Lawyer understands.
Freshfields Bruckhaus Deringer has made up 15 new partners in its 2014 promotion round, creeping up slightly from last year’s low of 14.
BLP launches Myanmar partnership and Asia network subscription
Berwin Leighton Paisner (BLP) has become the latest firm to move into Myanmar through a tie-up with local firm Legal Network Consultants (LNC).
Heavyweight One Essex Court silk Tony Grabiner QC has been appointed to lead the independent investigation into allegations of forex manipulation at the Bank of England (BoE).
Freshfields appoints new US head subscription
Freshfields Bruckhaus Deringer has appointed founding US litigation group partner Adam Siegel as its new US managing partner.
The Court of Appeal (CoA) has said a Guardian reporter should be able to see contentious secret letters written by Prince Charles to the Government, quashing an order by the Attorney General to avoid revealing them.
Westminster City Council is taking its fight against Soho’s sex shops to the Supreme Court, despite being refused permission at the Court of Appeal (CoA) last year.
Travers Smith has been appointed to lead an independent review into allegations the Bank of England allowed fixing of the multi-trillion dollar foreign exchange (forex) market.
Berwin Leighton Paisner (BLP) is to launch a four-pronged process mapping and outsourcing programme aimed at cutting costs in a move that will include the launch of a hub in Manchester.
One Essex Court’s Tony Grabiner QC and Mishcon de Reya have picked up a role on private equity magnate Guy Hands’ long running battle against Citigroup over his ill-fated acquisition of EMI.
Former Slaughter and May partner Dermot Rice has emerged at the company owned by billionaire property developers, Nick and Christian Candy, after leaving the firm in November.
BLP reshapes finance team with new divisional heads subscription
Berwin Leighton Paisner has named two new department heads within its finance team following a string of exits from the firm.
Dentons has unveiled a mass restructure for its UKMEA LLP following its 2013 tripartite merger, bringing its list of practice and sector groups under five new divisional heads.
In-house interview: RSC – Order of play subscription
The Royal Shakespeare Company had no formal panel until legal head Marina Zain joined to bring some logic to bear on the ‘artistic’ legal set-up
39 Essex Street silk wins frozen sperm legal battle subscription
39 Essex Street’s Jenni Richards QC successfully persuaded the High Court that a widow has the right to save her dead husband’s frozen sperm so that she could have his children in the future.
Nabarro’s French best friend August & Debouzy has abandoned its European alliance, leaving the firm on the hunt for a new Paris partner.
BBC to offer legal service apprenticeships subscription
The BBC is to hire three legal services apprentices to join its in-house legal team in London, making it the latest organisation to throw its weight behind legal apprenticeships.
How do you solve a problem like the Berwin Leighton Paisner (BLP) finance team?
Barclays ready for battle over Dewey debts subscription
It is now two years since the collapse of mammoth firm Dewey & LeBoeuf. But the next chapter in the story of its dramatic spiral into crisis is about to emerge in lurid technicolour following a High Court trial last week.
A former ABN Amro Group senior lawyer has brought a £300,000 case against the bank after claiming she was racially harassed and hounded out of her job.
The Royal Shakespeare Company’s (RSC) new general counsel, Marina Zain, is to put together the theatre company’s inaugural panel of legal advisers.
The High Court will examine whether banking giant Barclays colluded with the now defunct Dewey & LeBoeuf to induce partners to take out individual loans to keep the firm afloat.
Blackstone Chambers has made its third major silk hire in a year through the addition of Brick Court Chambers silk Alan Maclean QC.
Pinsent Masons has unveiled plans to boost gender diversity across the firm by targeting a 30 per cent female partnership, setting an interim goal of 25 per cent within the next four years.
Linklaters has lost another capital markets partner with the exit of Nigel Pridmore, who quit the firm last month.
BLP real estate partner trio defect to DLA Piper subscription
A trio of partners have quit Berwin Leighton Paisner (BLP) to join DLA Piper, in the latest in a stream of departures from the firm.
Berwin Leighton Paisner (BLP) has appointed projects and infrastructure head Adam Dann as finance head following the surprise resignation of partner Matthew Kellett last October.
Swedish music rights organisation Svenska Tonsättares Internationella Musikbyrå (STIM) has promoted its general counsel to acting CEO following the resignation of Kenth Muldin.
The Master of the Rolls Lord Dyson has recommended raising the cost budgeting limit from £2m to £10m for Commercial Court cases.
Nabarro partners are to vote in March on a cash call to its fixed-share partners in order to meet new tax rules for LLPs handed down by the HMRC.
The problem with GLOs: Costs fights and the RBS case subscription
Teaming up to bring litigation can be a struggle, as shown by the latest stage in the fight between RBS and the shareholders bringing a case against it.
Freshfields' Paulsson boutique co-founded with partners from Covington, Jones Day and Shearman subscription
Three partners from Covington & Burling, Jones Day and Shearman & Sterling are to join Freshfields Bruckhaus Deringer’s London arbitration chief Constantine Partasides QC and ex-partner Jan Paulsson to launch an arbitration boutique.
Berwin Leighton Paisner (BLP) has overturned a precedent at the Court of Appeal which will see collapsed company Game forced to hand over £3m in unpaid rent when it went into administration.
Bird & Bird dispute resolution head Steven Baker has come under fire from the High Court after he made a £635m "mistake" in calculating the claim value of a mammoth shareholder group action against the Royal Bank of Scotland (RBS).
Clifford Chance has elected Guy Norman as its new corporate chief following an uncontested election.
A trio of barristers, including a Brick Court silk and Fountain Court duo, instructed by property tycoon Vincent Tchenguiz charged a £126,650 brief fee for a six-hour disclosure appeal last month (30 January 2014).
New director general appointed to LCIA subscription
The London Court of International Arbitration (LCIA) has appointed a new director general to replace outgoing Adrian Winstanley OBE.
Latham PE: the new Clifford Chance? subscription
Magic circle firm’s private equity crown slips as Latham ‘targets’ superclient Carlyle
Clifford Chance’s private equity team is looking depleted and with the global corporate chief role still wide open, it looks like it could use a half time pep talk.
Clifford Chance dealmaker and partner Guy Norman is on the verge of being named new corporate chief following an uncontested election.
Matrix Chambers’ Matthew Ryder has lost a High Court battle brought by Guardian journalist Glenn Greenwald’s partner David Miranda over his detention at Heathrow Airport under the Terrorism Act 2000.
Solicitors’ salaries have risen by £5,000 over the past year but bonuses are down, according to a new survey by recruiter Laurence Simons.
A Guildhall barrister charged with attempt to defraud in relation to the sale of four open-cast mining sites has been cleared at a Cardiff Crown Court hearing.
Quinn launches in Brussels for seventh Europe office subscription
Litigation boutique Quinn Emanuel Urquhart & Sullivan has continued a year of international expansion with an office opening in Brussels.
Mishcon de Reya has been drafted in by fashion house Alexander McQueen to defend a lost earnings claim by an intern who worked for free but believes she should have been paid minimum wage.
Clifford Chance’s private equity practice has taken a blow with the departure of star Carlyle partner Kem Ihenacho to Latham & Watkins.
Litigation funding: Cutting up rough subscription
The Excalibur fiasco has exposed the failings in third-party funding. Can the Association of Litigation Funders strike through the shambles?
CMS and Dundas & Wilson are understood to be in talks with their shared clients over which partners will stay on their rosters after the two firms merge on 1 May 2014.
Fountain Court adds South Square barrister subscription
Insolvency set South Square has lost a senior junior barrister to Fountain Court Chambers.
Former chief whip Andrew Mitchell has returned to Atkins Thomson partner Graham Atkins and 5RB’s David Sherborne to defend him against a libel claim being levelled at him by Metropolitan Police officer Toby Rowland.
Gateley has made its first non-lawyer an equity partner after converting to an ABS structure in December.
Contentious new rules introduced by the Association of Litigation Funders (ALF) will see third-party funders required to hold £2m in capital to fund cases, despite the fact that most ALF members say that figure impractical.
Barristers have stepped up their protest to legal aid cuts with plans for a full-scale walkout on 7 March, which will see them refuse to turn up to court or cover other members’ cases.
Lewis Silkin client Lush has won a monumental trademark battle against Amazon at the High Court.
HSBC Holdings has hired a Cleary Gottlieb Steen & Hamilton partner to lead the global litigation and regulatory affairs group alongside litigation global banking and markets head Guy Nielson following the exit of incumbent Preeta Bansal.
"Largest ever" SDT fines upheld at High Court subscription
The High Court has upheld a Solicitors Disciplinary Tribunal (SDT) decision to fine a West End firm for misconduct after letting Portsmouth Football Club use its bank account while under winding up proceedings.
Minster Law blames law change for £599K loss subscription
ABS Minster Law posted a £599,000 loss in 2012/13 after being swallowed up by price comparison site comparethemarket.com owner BGL in May 2013.
Jeremy Gauntlett: Meet Mandela's man subscription
Kate Beioley talks Mandela, democracy and the rule of law with Brick Court Chambers’ latest recruit, Jeremy Gauntlett.
Trowers & Hamlins gears up for cash call subscription
Trowers & Hamlins is planning to issue a cash call to participating partners in response to new HM Revenue & Customs changes to the partnership tax regime.
Gateley has revealed an £8m jump in profit after fully integrating the Manchester office of failed firm Halliwells in May 2012.
Ashurst sees drop in cash reserves pre merger subscription
Ashurst saw a £13.9m drop in net funds and cash at bank in the financial year before its £550m merger with legacy Blake Dawson.
Administration is looming for North West law firm Linder Myers, which has signalled its intention to appoint administrators.
Guardian Care Homes has changed its advisor in its mammoth Libor battle with Barclays for the second time in three months, handing the case to Hausfeld & Co partners Anthony Maton and Lianne Craig.
Pinsent Masons spent £20m on revenue-boosting merger subscription
Pinsent Masons spent £20.6m on its merger with Scottish firm McGrigors in 2012 and members injected £10m before the tie up, according to accounts filed with Companies House.
Four barristers quit Outer Temple for Serjeants' Inn subscription
Serjeants’ Inn has snared a team of four barristers from rival set Outer Temple Chambers.
Fladgate has advised the owners of Camden Stables Market and Camden Lock Village on its £230m refinancing deal with Japanese investment bank Nomura.
R&R makes some of the best-known ice cream brands around and it’s growing fast, with GC Francesca Yardley keeping a cool eye on progress
Kirkland & Ellis (K&E), Cadwalader Wickersham & Taft, Simpson Thacher & Bartlett, and Allen & Overy (A&O) are part of a 10-strong legal team that has advised on the restructuring of German auto-repair company ATU.
Public services provider Amey has decided against setting up a formal panel of legal advisers in favour of an informal referral system with a set of ten preferred firms, following its merger with Enterprise in 2013.
TV designer and presenter Kevin McCloud MBE’s company, HAB Housing, has added TLT and Ashfords to its panel alongside Burges Salmon.
Clifford Chance corporate partner Guy Norman is set to enter the race to lead the Clifford Chance corporate group following the promotion of incumbent Matthew Layton.
Dundas & Wilson and CMS Cameron McKenna partners have agreed a two-year partner lock-in period as a condition of their proposed £277m merger this year, The Lawyer understands.
Dentons hikes bank loans and pays hefty tax bill subscription
Dentons’ UKMEA arm took out £5.4m in new loans in 2013, hiking its borrowings by £3m in a year.
Linklaters sets up operational intelligence group subscription
Linklaters is combining its regulatory, risk, governance and compliance capabilities to create a new ‘operational intelligence group’.
Final HS2 appeal thrown out at Supreme Court subscription
The final attempt to block government plans for the construction of the proposed £50bn High Speed 2 (HS2) railway through the courts has been thrown out at the Supreme Court.
Clyde & Co’s LLP members more than halved their capital contributions to the firm last year, from £18m to £6.7m, according to accounts filed today with Companies House.
Capita interpreter calamities results in £46K fine subscription
The Ministry of Justice (MoJ) fined Capita £46,139 for fatal flaws in its court interpreter service between May 2012 and November 2013.
Freshfields has advised the Guardian Media Group in its £600m sale of a 50.1 per cent stake in Trader Media Group (TMG) to Apax Partners.
Brick Court Chambers has added a high-profile South African barrister involved in writing South Africa’s constitution in 1996.
An attempt by Mishcon de Reya client Tamara Ecclestone to force two car companies to return a £400,000 Lamborghini that she claimed was a gift to her ex-boyfriend has been thrown out by the High Court.
CoA blocks CIA drones challenge subscription
The Court of Appeal (CoA) has thrown out a claim challenging the legality of British involvement in US drone strikes because any judgment would be a condemnation of US foreign policy.
Mayer Brown is advising on the $1.2bn restructuring and $133m sale of ATP Oil & Gas UK to Alpha Petroleum, the UK subsidiary of private equity house Petroleum Equity.
QASA judicial review bid thrown out at High Court subscription
The Criminal Bar Association (CBA) has lost its bid to bring a judicial review of the new rating system for criminal barristers being introduced by the Legal Service Board (LSB) at the High Court.
CMS Cameron McKenna construction disputes head Rupert Choat is moving back to Atkin Chambers full time on 1 March 2014.
Law firms challenge uniformity subscription
Freshfields, Norton Rose make it onto Stonewall gay-friendly employers listing
Dentons has advised French energy giant Total on becoming the first oil company to invest in Britain’s nascent shale sector.
Nabarro adds partner to Singapore office subscription
Nabarro has added a Hogan Lovells senior associate and former GDF Suez energy counsel, Adrian Wong, as a partner in its Singapore office as it continues expanding in the region.
CMS Cameron McKenna ramped up loans to its Russian joint venture by £3.5m last year after its share of losses in the Moscow office doubled in 2013.
The tale of two Saudi princes in the High Court subscription
Two prominent Saudi princes believed to be involved in a London-registered company that allegedly facilitated “money laundering” for Hezbollah are at the centre of a major court battle that is about to hit London’s High Court again.
A former Stewarts Law partner, who was struck off after a private prosecution, has had his case sent back to the Solicitors Disciplinary Tribunal (SDT) by the High Court.
Allianz Insurance has appointed DAC Beachcroft, Berrymans Lace Mawer (BLM), DWF and Keoghs to its claims legal panel for England and Wales.
DWF to move into Walkie Talkie building subscription
DWF is moving to London’s famous Walkie Talkie building after agreeing to take around 40,000 sq ft at 20 Fenchurch Street.
Clifford Chance has entered into an association with Indonesian firm Linda Widyati & Partners (LWP) in a further bid to cement its presence in the Asia Pacific.
Profit plummets by 42 per cent at Morgan Cole subscription
The top of equity has plummeted from £278,000 to £162,000 at Morgan Cole with the top earner taking home 40 per cent less than last year, according to the firm’s latest LLP accounts.
Dundas partner exits pile up as CMS merger looms subscription
Dundas & Wilson has seen another six partners exit the firm ahead of its proposed merger with CMS Cameron McKenna, including former CMS real estate disputes founder Andrew Walker.
Former Gowlings partner joins Watson Farley subscription
Gowlings former head of energy and infrastructure David Shasha has joined Watson, Farley & Williams as a senior consultant to its London office.
Burges Salmon associate Matthew Sims has led the £31m sale of Honda’s biggest storage depot in Avonmouth to BlackRock UK Property Fund and Canmoor.
Former Dundas chairman resigns ahead of CMS merger subscription
Former Dundas & Wilson chairman David Hardie has stepped down from the firm weeks after it unveiled a planned merger with CMS Cameron McKenna.
The highest-paid partner at Nabarro took home £635,000 in 2012-13 according to accounts filed with Companies House, a rise of 31 per cent from £486,000 the previous year.
Clifford Chance has established a partnership in Saudi Arabia by transferring longstanding co-operation firm Al-Jadaan’s two partner transactional practice into the firm.
The top 20 cases of 2014: In detail subscription
(1) JP Morgan Chase Bank plc (2) JP Morgan Securities Ltd v (1) Berliner Verkehrsbetriebe (BVG) Anstalt öffentlichen Rechts v Clifford Chance Partnerschaftsgesellschaft von Rechtsanwälten, Wirtschaftsprüfern, Steuerberatern und Solicitors When? January 2014, 40 days. Where? Commercial Court, Judge TBC
Barristers stage mass protest at legal aid cuts subscription
Barristers are staging a mass walkout today in protest against the cuts to legal aid implemented this year.
Clifford Chance has been criticised for producing “voluminous and interminable” correspondence which was “in some circumstances highly aggressive and in others unacceptable” in the failed $1.6bn oil case for client Excalibur.
Gateley granted ABS licence subscription
Gateley has been granted an ABS licence for its English offices, making it the second top 50 firm to have been awarded one after Irwin Mitchell in 2012.
Herts and Bedfordshire firm HilliersHRW has gone into administration after the firm was unable to pay for professional indemnity insurance (PII) cover.
One Direction star Harry Styles turned to 5RB media barrister David Sherborne to secure an injunction preventing the paparazzi from pursuing him.
What next for Dundas and CMS? subscription
CMS Cameron McKenna and Dundas & Wilson partners have said yes to a £277m-tie-up that will go live in May 2014. Here Kate Beioley looks at what the future holds for the combined entity.
The High Court has issued a stinging judgment against Clifford Chance client Excalibur, ordering it to to surrender the £17.5m it put up as security for costs to its courtroom opponents, Texas Keystone and Gulf Keystone, as an interim payment.
BLP employment head Younson quits subscription
Berwin Leighton Paisner’s (BLP) employment head Fraser Younson is leaving the firm today after seven years at the firm, The Lawyer understands.
The Homes and Communities Agency (HCA) could cut its panel by up to 50 per cent in response to complaints from its regional advisers that they were not getting enough work from the regeneration body.
Former Stewarts Law partner Andrew Shaw is fighting the Solicitors Disciplinary Tribunal (SDT) ruling which saw him struck off in the High Court today, bringing the details of the case into the public domain for the first time.
Trowers & Hamlins has seen £10m wiped from its operating profit over the last twelve months and the firm took out a £3m overdraft facility, its LLP accounts for 2012/13 reveal.
Nabarro has been hit with a £130m professional negligence claim by a former client disgruntled over the way it conducted a High Court battle.
BLP raids Akin Gump for two-partner Moscow team subscription
Berwin Leighton Paisner (BLP) has raided Akin Gump in Moscow for a two-partner real estate team to bolster its practice in Russia.
Nabarro advises on Jordan's $290m onshore wind farm subscription
Nabarro has advised on Jordans first utility-scale onshore wind farm amid growing demand for energy in the region.
Osborne Clarke to set up shop in Amsterdam subscription
Osborne Clarke is to launch an office in Amsterdam in the New Year, marking the firm’s fourth international opening with a year.
Meritocracy will rule in magic circle subscription
Even magic circle firms are introducing a merit-based component to salaries
The Court of Appeal has ruled that a children’s centre did not discriminate against a former Christian employee by requesting that she work on Sundays.
Guardian Care Homes switches Cooke Young & Keidan for Wilkes Partnership in landmark Libor battle subscription
Graiseley Investments, the company behind Guardian Care Homes, has instructed the Wilkes Partnership in place of Cooke Young & Keidan (CYK) in its landmark Libor battle with Barclays following concerns over costs.
Lewis Hamilton’s father, Anthony, is in court today for the fourth day of his wrongful dismissal case against Scottish race driver Paul di Resta.
Nabarro reveals flat revenues at the half-year mark subscription
Turnover inched up at Nabarros by 0.3 per cent for the first half of 2012-13 financial year, taking it to £52.5m and marking a drop in half-year growth.
Dentons adds two partners to Paris base subscription
Dentons has added two new partners to its Paris energy team to focus the firm on growing its Francophone Africa energy strategy.
Weil Gotshal & Manges is facing a €12m (£10m) professional negligence claim brought by private equity house Bancroft over its acquisition of a Slovakian ice cream company.
Linklaters is to introduce a merit-based element to its associate lockstep structure in an effort to “reward high performance as well as chargeable work” after lifting a junior lawyer pay freeze earlier in the year.
Linklaters names new Asia managing partner subscription
Linklaters has named its current Greater China and global litigation head Marc Harvey as Asian regional managing partner to succeed outgoing Stuart Salt.
A King & Spalding solicitor-advocate has transferred to the bar, joining Serle Court Chambers after 15 years working for international firms.
BLP revenue up 6 per cent at half year subscription
Berwin Leighton Paisner (BLP) has announced a 6 per cent increase in revenue for the first six months of the 2013/14 financial year.
CC revs up for the Layton age subscription
‘Safe pair of hands’ Layton to lead Clifford Chance to a future of business-as-usual
Job watch: Transport subscription
Transport is a sector that offers a wealth of opportunities both for legal roles and puns, with government cash setting in train high-profile schemes and getting projects motoring.
Linklaters' top earner took home £2.3m in 2012/13 subscription
Linklaters’ top earning partner took home £2.3m last year - £300,000 less than the previous year, according to the firm’s annual LLP accounts.
Clifford Chance has elected global corporate head Matthew Layton as its new global chief to replace outgoing head David Childs, who retires next year.
Incoming CC managing partner vows to slim management ranks and review salaried partner lawyers subscription
The newly elected managing partner of Clifford Chance, Matthew Layton, won his mandate after pledging to look at whether to reduce management committee membership from 16 to nine
TAQA hires Schlumberger in-houser McGuinty as GC subscription
The Abu Dhabi National Energy Company (TAQA) has appointed a new general counsel and company secretary to replace outgoing Steven Phillips who retires this year.
Dentons merger with McKenna called off subscription
Dentons and McKenna Long & Aldridge have called off their merger following delays earlier in the month.
Clifford Chance drafted in for RBS SME investigation subscription
Clifford Chance partners Carlos Conceicao and Kelwin Nicholls have been hired by RBS to lead an investigation into claims that the bank forced small companies it owed money to into closure to make a profit.
Bickerton crowned CC London managing partner subscription
David Bickerton has been re-elected as Clifford Chance London managing partner after running unopposed.
Clifford Chance managing partner vote ends today subscription
Clifford Chance is on the brink of crowning a new managing partner as the vote draws to a close today (26 November).
Over 16 law firms are advising on the new Nine Elms regeneration area on the South Bank marking one of the biggest redevelopment projects to hit London in recent years.
Job watch - Projects subscription
Of all the transactional sectors projects and energy has been one of the most resilient throughout the recession.
Lawyer exits and entrances have made for a complex cast list of firms benefitting from the redevelopment of the Battersea Power Station area
Clifford Chance’s current London managing partner David Bickerton is set to take up a second term after running unopposed.
Banking giant Barclays is attempting to avoid a full trial over defunct firm Dewey & LeBoeuf after issuing a summary judgment application to the High Court in a case against three former partners over loans.
Nabarro to open in Dubai subscription
Nabarro is to open an office in Dubai in 2014 marking the firm’s third international opening after Brussels and Singapore.
Supreme rejection subscription
We look at cases that have reached the end of the judicial line after being refused permission to carry on to the Supreme Court.
Eversheds decided against pitching for a role on the expanded NHS Shared Business Services (NHS SBS) panel at the latest review despite working on six of its nine ‘lots’ since 2009.
Dentons adds two partners to Middle East base subscription
Dentons has boosted its Middle East practice with the hire of two lawyers from DLA Piper and Norton Rose Fulbright to its Abu Dhabi and Dubai offices.
Mr Justice Cooke reflects on trend for lawyer manipulation of statements
HowardKennedyFSI chief executive Mark Dembovsky has resigned from the firm after two years spent pushing through the merger between Howard Kennedy and Finers Stephens Innocent (FSI).
CBS names new general counsel subscription
American media company CBS has appointed a new general counsel from Dell to suceed outgoing Louis Briskman.
HMRC appoints new general counsel subscription
HM Revenue & Customs (HMRC) has appointed a new general counsel to replace the retiring Anthony Inglese.
BLP adds DLA partner to real estate team subscription
Berwin Leighton Paisner (BLP) has hired the former global co-chair of DLA Piper’s hospitality and leisure group to its real estate practice.
Travers Smith client Sebastian Holdings has been ordered to pay 85 per cent of the £60m legal bill racked up by Deutsche Bank in an $8bn court showdown between the parties.
Freshfields elects new chief information officer subscription
Freshfields Bruckhaus Deringer has appointed its new global chief information officer (CIO) to replace outgoing chief Paul Domnick.
Norwegian company Sebastian Holdings has been ordered to pay $240m (£146m) to Deutsche Bank after the High Court threw out an $8bn compensation claim against the bank.
Clifford Chance has elected partner Simon Sinclair as its new London capital markets head succeeding partner Andrew Forryan.
Clifford Chance has elected a new global tax, pensions and employment (TPE) head to replace outgoing chief David Harkness.
Edinburgh University is to appoint its first head of legal services before the end of the year in a bid to cut its legal budget by 10 per cent.
Job watch: The North West subscription
The North West region has seen significant growth in recent years after taking a bruising during the recession. But pressure on costs is driving an increase in in-house and non-qualified fee-earner roles.
Cooke Young & Keidan and SH take Libor case to trial after defeating CC, A&O and Freshfields in CoA subscription
The Court of Appeal has ruled that allegations that the Libor benchmark interest rate was manipulated can be included in two major cases against Barclays and Deutsche Bank and has scheduled Barclays’ case for next April.
A former Stewarts Law litigation partner who was struck off after a private prosecution has turned to Fountain Court’s Timothy Dutton QC to fight the ruling in the Adminstrative Court next month.
A&O hit with allegations of witness interference subscription
Norton Rose Fulbright has replaced Allen & Overy (A&O) on a criminal corruption trial after partners from the magic circle firm allegedly intefered with a witness.
Follett Stock’s 30 remaining staff were made redundant at midday on Monday (4 November) when the firm was liquidated at a High Court hearing.
Dentons has lost its former Middle East head of dispute resolution and construction to Simmons & Simmons, just two months after losing its former Middle East arbitration head to SJ Berwin.
SRA steps in to wind up Follett Stock subscription
The SRA has shut down Follett Stock with immediate effect following revelations that the Truro-headquartered firm was facing a HM Revenue and Customs winding up petition last month.
Reed Smith has defeated Allen & Overy (A&O) and Stephenson Harwood in two separate arbitrations totaling $3bn (£1.9bn) against the Republic of Kazakhstan (RoK).
Gresham computing has hired a Manches associate to its new general counsel post, marking the first qualified lawyer to enter the company.
Bracewell & Giuliani has raided Clifford Chance for energy construction partner Tracy London, marking the US firm’s eighth partner hire this year in London.
The Solicitors Disciplinary Tribunal (SDT) has fined two Addleshaw Goddard partners £5,000 each after they were investigated over discrepancies relating to disbursements.
DLA partner takes CC leveraged finance partner subscription
DLA Piper has taken a high yield and leveraged finance partner from Clifford Chance’s London office as both firms push for more firepower in their high-yield teams.
AA gains ABS licence through Bristol joint venture subscription
The AA has become the latest high-street company to be granted an ABS licence by the Solicitors Regulation Authority (SRA) after launching a joint venture with Bristol-based Lyons Davidson.
Freshfields appoints new ACT co-head subscription
Freshfields Bruckhaus Deringer has appointed another former Brussels chief as co-head of its antitrust, competition and trade (ACT) practice.
CC kicks off London managing partner hunt subscription
Clifford Chance has kicked off the nominations process for the London managing partner elections ahead of the end of David Bickerton’s term in December.
Royal Shakespeare Company unveils new GC subscription
The Royal Shakespeare Company (RSC) has handed interim general counsel Marina Zain the position on a permanent basis.
If Berwin Leighton Paisner is to halt the stream of senior partner departures, it needs to make up its mind about its true focus and channel resources accordingly. By Kate Beioley
Job watch: Media, entertainment and sport subscription
It is no secret that sports deals pay handsomely. Gareth Bale’s record-busting transfer, clocking in at £85.3m, proved that this summer and handed an appetising mandate to high-profile Berwin Leighton Paisner sports litigator Graham Shear. Earlier this month Jones Day ...
Former Newcastle solicitor convicted of fraud subscription
A former Newcastle solicitor has been given a suspended sentence for fraud after he funded a “lavish lifestyle” on the back of conned client money.
A judge has come down on the side of the Legal Services Board (LSB) and thrown out an application to reduce the £150,000 cost cap set on the ongoing battle over the new Quality Assurance for Advocates (QASA) scheme.
Dentons has elected another legacy Salans partner as its new European CEO after a partner vote, seven months after its tripartite merger went live.
Bond Dickinson and Blackstone Chambers kicked off the first stage of a judicial review process for supermarket giant Sainsbury’s, marking the latest stage in battle with rival Tesco.
Dentons partners have until 14 November to vote on whether to merge with US firm McKenna Long & Aldridge.
2 Hare Court’s Jonathan Laidlaw QC replaces John Kelsey-Fry QC as Brooks’ defence counsel
West Country firm Follett Stock has closed its Bristol office, as its winding-up case moves through the High Court.
Contest for top job at CC opens up subscription
Two more partners close to entering race: dark horse Wehrli worth a punt
Panel ordeal begins subscription
The roster action is finally getting going, with high street names making their moves
Contenders ready subscription
Three candidates have emerged in the race to succeed David Childs as Clifford Chance managing partner. Hustings are due to begin next month.
Wilberforce Chambers’ Michael Bloch QC has resigned from the set to join Blackstone Chambers just weeks after senior clerk Declan Redmond announced his exit for Keating Chambers.
Litigation funder Vannin Capital has stepped up to fund a High Court battle between the owner of the largest oil and gas project in Azerbaijan and Credit Suisse International (CSI).
The long-standing general counsel of French oil giant Total SA, Peter Herbel, is to retire in December with oilfield services heavyweight Maarten Scholten stepping into the role.
Linklaters has expanded its Paris arbitration group with the hire of a three-partner team from Paris-based Darrois Villey Maillot Brochier and Cleary Gottlieb Steen & Hamilton.
Pinsent Masons is aiming at boosting the commercial focus of its Birmingham real estate team with the hire of Shoosmiths partner Joel Kordan.
Allen & Overy, Linklaters and Olswang are among the firms to have missed out on Legal & General (L&G) panel places after the insurer cut its advisor roster from 19 to five, it has emerged.
Job watch: Regulatory and compliance subscription
Lawyers working in the world of regulatory and compliance are looking at an increasingly complicated sector, particularly when it comes to financial services.
Morrisons to double in-house team as it adds DAC Beachcroft, Eversheds, DWF to new panel subscription
Morrisons has completed its first panel review as it prepares to double its in-house legal team by the end of the year.
Liverpool-headquartered Exchange Chambers has moved to slash costs in the wake of legal aid spending cuts, moving offices and implementing a room sharing option to reduce chambers contributions.
Hill Dickinson is to launch a reputation management team in London after taking a two-partner team from media boutique PSB Law, which has shut up shop following the exits.
Devereux Chambers elects new head subscription
Devereux Chambers has elected Timothy Brennan QC as its new head of chambers to replace Ingrid Simler QC, who is joining the High Court bench.
Quadrant Chambers is moving further into the energy sector and the Far Eastern market on the back of the appointment of its first joint senior clerk last month.
CoA rules Scrabble tile trademark to be invalid subscription
An attempt by the makers of Scrabble to protect its iconic letter tiles from imitations by claiming trademark rights has been thrown out by the Court of Appeal.
Pinsent Masons has been appointed joint administrator for collapsed litigation and corporate law firm Harris Cartier, which has been sold to two buyers, Gordon Dadds and personal injury firm Neil Hudgell.
Number crunching: Nabarro’s real estate subscription
Real estate continues to be the key money spinner for Nabarro, which has always been known for its work in the UK property market, (although) last year results were up across the firm. Google’s ...
Rise of the superclerks subscription
Hang onto your CEOs: quality law firm execs are a highly poachable commodity
The Bar Standards Board (BSB) has issued a statement about the costs of a judicial review into the Quality Assurance Scheme for Advocates (QASA) following widespread outrage and confusion on Twitter.
Quadrant Chambers’ chief executive has defended the bar’s recruitment processes following revelations that former chambers member Tom O’Riordan had lied about his qualifications.
Pinsent Masons’ freshly-installed projects team are taking forward the Transport for London (TfL) tube mandate they won while at Bircham Dyson Bell (BDB) after their move last month.
The ongoing Libor misselling feud between Guardian Care Homes (GCH) and Barclays is going to the Court of Appeal next week in a crucial simultaneous hearing with a case involving Deutsche Bank.
Nationwide has launched its delayed general panel review, which was originally expected to take place in early 2013.
The Legal Service Board (LSB) has dropped Herbert Smith Freehills (HSF) from representing it in its defence of the Quality Assurance Scheme for Advocates (QASA) after the firm proposed a £400,000 cost estimate for a three-day hearing, The Lawyer can reveal.
11 KBW has secured an injunction for Covanta Energy preventing Merseyside Waste Disposal Authority (MWDA) from going ahead with a £1.2bn contract with rival waste management company SITA.
Follett Stock shuts up shop in Exeter subscription
West country firm Follett Stock has closed its Exeter office two weeks before it faces a wind-up petition issued by HM Revenue and Customs in the High Court.
Follett Stock winding-up petition adjourned subscription
A winding-up petition hearing involving Truro firm Follett Stock has been adjourned for three weeks following an initial hearing last week.
Freshfields' new boss has the wit to succeed subscription
David Aitman likely to be adaptable in a changing legal environment
FFW takes key role in settling Dizaei claims subscription
Field Fisher Waterhouse (FFW) has taken a lead role for the Metropolitan Police in settling former police commander Ali Dizaei’s five employment tribunal claims against his former employer.
Vodafone’s corporate and external affairs director Justine Campbell is leaving the company to take up the re-created GC role at British Gas.
Pinsent Masons has scooped the mandate to be the sole legal provider for Eon over 40 other firms, taking on responsibility for the energy company’s day-to-day work on a fixed-fee basis.
David Aitman: Freshfields' fresh face subscription
Can BLP compete with the bar? subscription
Can the in-house advocacy unit at Berwin Leighton Paisner really compete with the independent commercial bar?
After confirming the exit of Hogan Lovells partner Christoph Wagner last week The Lawyer can reveal that he was asked to resign for criticising a major IP client.
UK200 real estate top 15: Herbies pushes revenues up by a third, Ashurst down 23.8 per cent subscription
Herbert Smith Freehills saw real estate revenues jump by a third at the 2012/13 year-end, making it the biggest grower in the UK200 top 15 real estate table.
It’s property work, but not as we know it: fussier clients mean firms are having to redefine their offerings and there is still talk of the magic circle backing away
Hogan Lovells' lawyers cast off their chains subscription
Firm closes Berlin office after lawyers go in search of the conflict-free life at MoFo
Total legal costs for the first phase of HS2, the planned high-speed railway, are expected to hit £5m with £400,000 already spent on battles in the High Court and Court of Appeal (CoA).
CMS has trumped BT’s real estate panel firms to take on its first real estate deal for BT, advising the telecoms giant on its plans for the UK’s tallest brick clad building in London’s Nine Elms.
HMRC takes Follett Stock to court over unpaid debts subscription
Truro-headquartered Follett Stock has been served with a winding-up petition by HM Revenue & Customs (HMRC) after failing to pay an outstanding tax bill, The Lawyer has learned.
Hogan Lovells is understood to be losing its entire Berlin office to Morrison Foerster (MoFo), marking the most recent raid on its technology and media team.
Brown Rudnick has expanded in London with partner hires into the corporate and white collar crime groups.
Royal Bank of Scotland (RBS) is expected to run up a legal bill of £42m defending shareholder action over its £12bn rights issue, with Quinn Emanuel expected to join the action for Prudential, Standard Life and Legal & General.
Clifford Chance adds two partners to Munich office subscription
Clifford Chance is boosting its Munich office with the relocation of a two-partner team to expand its advisory capabilities.
Job watch: Middle East subscription
Despite a brief rush of activity in July, when Baker Botts revamped its Middle East office with a raid on Norton Rose Fullbright’s Dubai team (16 July 2013), cautious optimism seems to be the name of the game in the region.
Of mists and M&A fruitfulness subscription
Autumn heralds a worldwide corporate fight-back, led by telecoms sector
Summer Round-up: Deals, booted subscription
Footie and telecoms dominate our regular round-up of recent M&A activity, as the threat of rising interest rates kick-started activity among organisations.
The Department for Transport (DfT) has named former Burges Salmon transport head Nick Olley as general counsel.
Tennesee Valley Authority has wrestled $42m settlement from its insurer, Arch Insurance Bermuda, in the first of three arbitration cases following a 2008 accident at the corporation’s power plant.
A former Slaughter and May partner has been named general counsel for the newly-established Competition and Markets Authority (CMA), while the former executive director of the Office of Fair Trading (OFT), Sonya Branch, will become director of enforcement.
BLP lawyer heads in-house at Ashby Capital subscription
Real estate investment fund Ashby Capital has recruited a former Berwin Leighton Paisner corporate associate Tom Hill as in-house legal counsel.
Yelp.com sues San Diego firm for writing own reviews subscription
San Diego firm the McMillan Group is being sued by online directory company Yelp.com for allegedly fabricating positive reviews to boost its reputation.
Singapore firm Selvam & Partners launches in Myanmar subscription
Singapore firm Selvam & Partners has launched an office in Yangon, Myanmar, making it the latest firm to scramble for a spot in the fast-emerging market.
Allen & Overy (A&O) and Clifford Chance have taken the lead roles on GlaxoSmithKline’s (GSK) £1.35bn sale of drinks brands Ribena and Lucozade to Japanese consumer goods company Suntory Beverage and Food Ltd (SBF).
DAC booster jab for Capsticks' health practice subscription
Firm injects DAC Beachcroft team into health-focused Leeds office
Shakespeares launches fresh redundancy consultation subscription
Shakespeares has launched a fresh redundancy round with 19 secretarial roles put at risk of being cut across its seven offices at the end of the month.
Skadden Arps to close Austrian outpost subscription
Skadden Arps Slate Meagher & Flom’s only Vienna partner Rainer Wachter is set to leave the firm after a strategic review concluded the office was no longer viable.
Schillings is relaunching itself as an integrated legal, risk management and IT security and investigation business targeting the growing market in reputation management for corporates and high net worth individuals.
Shakespeares has expanded again through two bolt-on acquisitions as it continues in its bid to be a £50m mid-tier heavyweight by 2014.
Osborne Clarke has continued its European expansion with two partner hires in its newly formed Paris and Brussels offices.
Personal injury (PI) firm Winn has attracted investment from two high-profile investment companies, with JZ International (JZI) and Souter Investments taking a 60 per cent stake in the outfit.