Eversheds has added 10 more African firms to its swiftly-growing Eversheds Africa Law Institute (EALI), just six months after launching the initiative.
Criminal lawyers are set to swamp Westminster today in a mass protest against government plans to slash legal aid rates, with police told to expect more than 1,000 demonstrators.
Allianz has been granted an ABS licence for the launch of ALP Law in conjunction with catastrophic injury firm Serious Law.
Nabarro’s French best friend August & Debouzy has abandoned its European alliance, leaving the firm on the hunt for a new Paris partner.
Reed Smith has posted a 6 per cent increase in turnover for the 2013 financial year, with total revenue rising from $1.013bn to $1.075bn.
DAC Beachcroft (DACB) has raided Eversheds for commercial contracts partner Ruth Connorton and a team of three fee-earners in Newcastle.
Morgan Lewis & Bockius has hired partner Tom Cartwright from Taylor Wessing to launch its dedicated private equity practice in London.
Wragge & Co has been overlooked by Premier Foods in its £1.1bn capital refinancing plan, with Slaughter and May picking up the core mandate on the deal.
Financial services dispute resolution body Prime Finance has recruited another 16 senior lawyers for its panel of experts, bringing the number on the list to more than 100.
Competition and EU partner Efthymios Bourtzalas has quit Ashurst’s Brussels outpost, just weeks after the exit of renowned partner Julian Ellison from the same group.
Hill Dickinson has become the latest firm to moot plans to create a new centralised billing system in order to reduce lock-up and increase efficiency.
Betfair’s former legal director Justin Hubble has resurfaced at online loans company Wonga.com in the role of legal vice president.
Linklaters’ South African ally Webber Wentzel has made a raft of partner hires to strengthen its oil and gas team, picking up lawyers including Bond Dickinson partner Kenny Paton.
Herbert Smith Freehills (HSF) has added Deutsche Bank’s compliance, government & regulatory affairs chief Andrew Procter to its financial services regulatory practice.
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.
The Paris bar’s disciplinary body has thrown out a complaint brought by Mayer Brown against a lawyer alleging the firm had been exaggerating the number of partners it had in France.
Slaughter and May has announced a re-jig of its practice stream heads following a partner vote.
The London office of Quinn Emanuel Urquhart & Sullivan has posted a significant fall in revenue for the 2013 financial year, with total turnover dropping by almost a third from £27.5m to £19.8m.
Stephenson Harwood has axed 15 per cent of its secretarial jobs, as a result of a redundancy consultation which kicked off last month (5 February 2014).
Philadelphia-based insurance firm Cozen O’Connor has refocused its London strategy with partner hires from Edwards Wildman Palmer and RPC.
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.
Mayer Brown’s London office is close to implementing a blind CV policy in a bid to counter bias towards trainee applicants who received an Oxbridge degree or were educated privately.
The Royal Shakespeare Company’s (RSC) new general counsel, Marina Zain, is to put together the theatre company’s inaugural panel of legal advisers.
DLA Piper has raided Orrick, Herrington & Sutcliffe in London for partner duo Tony Katz and Sam Millar who are to join the City litigation group.
Clifford Chance and Simpson Thacher & Bartlett are among the firms advising on the Carlyle Group’s $1.93bn buyout of Tyco International’s South Korean fire protection and security unit.
Allen & Overy has hired a second partner from Ashurst, Karan Dinamani, to boost its private equity practice, following the recent appointment of Stephen Lloyd as private equity sector group co-head.
Debevoise & Plimpton has posted a 2 per cent rise in total revenue for the 2013 financial year, with turnover growing from $675.43m to $688.2m.
Singaporean firm Rajah & Tann has taken a team of 14 lawyers from US firm Hunton & Williams’ Bangkok office.
Morgan Lewis & Bockius has replaced its executive director position with the role of chief operating officer (COO), taking on Dechert’s COO Anthony Licata.
Paul Weiss Rifkind Wharton & Garrison has recorded a 7 per cent rise in global revenue as the firm’s chairman Brad Karp pronounces 2013 the “busiest in history.”
US firm Pillsbury has bolstered its English law capability with the hire of a five-lawyer transportation finance team from the London office of DLA Piper including partners Graham Tyler, the former head of the asset finance practice, and Debra Erni.
Freshfields Bruckhaus Deringer has elected London corporate head Julian Long as its new City managing partner, succeeding Mark Rawlinson.
Irwin Mitchell has acquired the former recoveries arm of defunct Manchester-based Halliwells, HL Interactive, in a deal that completed on Friday (28 February).
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.
Bircham Dyson Bell is to merge with four-partner private client boutique Ambrose Appelbe, adding around £2m to its top line.
Blackstone Chambers has made its third major silk hire in a year through the addition of Brick Court Chambers silk Alan Maclean QC.
Akin Gump has posted a 7 per cent rise in turnover for the 2013 year, with revenue growing from $775m to $828m.
PricewaterhouseCoopers (PwC) has acquired Toronto-based immigration law firm Bomza Law Group.
Hogan Lovells is to open a low-cost legal centre in Birmingham headed by its former global private equity head Alan Greenough.
Eversheds has secured a multi-million pound contract with the International Air Transport Association (IATA), the airline trade association, rolling out its existing mandate to include Europe, North Asia and Asia Pacific.
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.
Slaughter and May has increased its lead in the rankings of total stock market clients, after closest competitor Pinsent Masons saw its total drop from 96 to 93.
The former head of legal for Microsoft Russia has quit the technology giant to lead Akamai Technologies’ EMEA legal arm from the UK.
Linklaters has lost another capital markets partner with the exit of Nigel Pridmore, who quit the firm last month.
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.
DLA Piper’s global revenue inched up by 1.7 per cent for the 2013 calendar year, rising to $2.48bn (£1.56bn).
A raft of ten firms including Clifford Chance, Norton Rose Fulbright and Burges Salmon, have been appointed to the UK Green Investment Bank’s (GIB’s) first-ever formal legal panel.
Trowers & Hamlins will expand its trainee intake in its Manchester and Exeter offices and is looking to recruit a trainee into its Birmingham office from September 2014.
Allen & Overy (A&O), Clifford Chance, Latham & Watkins, Norton Rose Fulbright and White & Case have successfully renewed their Qualifying Foreign Law Practice (QFLP) licences in Singapore, while Herbert Smith Freehills (HSF) has decided not to re-apply.
Eversheds, Forsters and Gordons are among the 170 firms to score places on Santander’s corporate and commercial banking legal panel, which includes 47 new panel members.
Lloyds Banking Group is collecting internal feedback on its panel firms as it prepares to kick off a review of its delayed customer-pay panel, The Lawyer understands.
Taylor Wessing’s German managing partner Michael-Florian Ranft is stepping down from the position, just one year into his four-year term.
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.
Hogan Lovells has unveiled its 2013 financial results, posting a record global turnover along with double-digit growth in average profit per equity partner (PEP) to $1.2m (£721,000).
Squire Sanders has confirmed that it is in early stage merger talks with Patton Boggs, the Washington law and lobbying firm.
Swedish music rights organisation Svenska Tonsättares Internationella Musikbyrå (STIM) has promoted its general counsel to acting CEO following the resignation of Kenth Muldin.
HowardKennedyFsi (HKFsi) has called off merger talks with Davenport Lyons, making it the second firm to turn its back on the media boutique in less than a month.
Dentons Canada has picked up 46 lawyers from collapsed Canadian firm Heenan Blaikie, weeks after DLA Piper pulled out of a deal to acquire a 70-strong team.
Linklaters is considering a merger of the firm’s two senior management boards so that more partners can focus on fee-earning, sources have told The Lawyer.
Fladgate has overhauled its partnership structure ahead of the introduction of HMRC’s new rules on the tax treatment of fixed-share partners.
New York-based Curtis Mallet-Prevost Colt & Mosle (Curtis) will open its first China office in Beijing to focus on international trade matters.
Divorce lawyer Raymond Tooth and his former protégée, the self-proclaimed “diva of divorce” Ayesha Vardag, have reached a settlement in a bitter battle over allegations she attempted to poach his clients.
Allen & Overy (A&O) has unveiled its smallest partnership promotions round in years with 16 being taken into the fold.
Paul Hastings has posted a 3.6 per cent rise in revenue for the 2013 financial year, with turnover increasing from $908m to $941m.
Linklaters and Osborne Clarke are thought to be advising on a potential merger between Carphone Warehouse and electrical retail chain Dixons.
Japanese big-four firm Nishimura & Ashahi has opened a second China office in Shanghai.
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.
Berwin Leighton Paisner (BLP) will require all its future trainees to sit an international LLM before joining the firm, with the course being updated yearly to reflect the firm’s changing profile.
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.
Iberian firm Cuatrecasas Gonçalves Pereira has reported a slight rise in revenue for a third successive year, in a performance that is in contrast to the fortunes of its rivals.
HMRC has given the green light to a wave of capital calls at LLPs across the UK, but its much-anticipated updated guidance on the tax treatment of salaried members is still likely to give firms several finance-related headaches.
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.
The Bank of England (BoE) has created two new legal jobs due to an influx in work from its financial services regulatory body Prudential Regulation Authority (PRA).
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).
HowardKennedyFSI (HKFsi) is in merger talks with London firm CKFT as management pushes ahead with plans to tie-up with Davenport Lyons.
Sidley Austin has put its Frankfurt office under review after a spate of partner exits left the base with a handful of lawyers and just one partner.
Blackstone Chambers’ Pushpinder Saini QC will represent West Brom striker Nicolas Anelka at a disciplinary tribunal into his alleged anti-Semitic ‘quenelle’ salute later today.
Clifford Chance has elected Guy Norman as its new corporate chief following an uncontested election.
TLT is to launch three new training contracts from September, supporting growth in its regional offices.
Bird & Bird has signed a cooperation agreement with South Korean firm Hwang Mok Park, blazing a new trail for international firms to tap into the market.
Allen & Gledhill has become the latest Singapore firm to establish a presence in Myanmar, after launching an associate firm in Yangon.
Dechert is understood to be in the process of hiring O’Melveny & Myers’ (OMM) Singapore partner Dean Collins as part of the firm’s plan to open an office in Singapore later this year.
Allen & Overy and Norton Rose Fulbright are understood to have successfully completed the Singaporean renewal process to extend their Qualifying Foreign Law Practice (QFLP) licences for another five years.
Pinsent Masons has revealed a retention rate of 82 per cent for its spring 2014 qualifiers, keeping 14 of 17 final-seat trainees.
DLA Piper, Fenwick & West and William Fry have advised King.com, the company behind Candy Crush Saga, on its proposed $500m IPO on the New York Stock Exchange (NYSE).
Irwin Mitchell real estate partner Rob Thompson will succeed Jon Vivian as head of the firm’s London real estate team on 1 May.
Partners who moved to Slater & Gordon (S&G) as part of its acquisition of Pannone are to be locked into the firm for three years under the stringent terms imposed on the new joiners.
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).
Ashurst’s low cost support base in Scotland is expanding faster than expected, with the firm planning to more than quadruple the number of legal analysts based in the city within the next 12 months.
The London Court of International Arbitration (LCIA) has appointed a new director general to replace outgoing Adrian Winstanley OBE.
The offshore legal market had a solid 2013, with several firms reporting double-digit increases in turnover and a pronounced pick-up in activity levels.
The Africa Legal Network (ALN), an alliance of independent African firms, has moved into west Africa for the first time by adding Nigerian firm G. Elias & Co as a member.
K&L Gates has posted a 23 per cent increase in London turnover to £40.5m, while global profit per equity partner (PEP) has dropped by 7.4 per cent to $832,376.
Mayer Brown has retained just two of its five spring 2014 qualifying trainees, while placing a third on a fixed term six-month contract.
Speechly Bircham is in preliminary merger talks with six-office firm Charles Russell in a move that would propel the combined outfit into the top 25 firms by turnover according to The Lawyer UK200.
US firm O’Melveny and Myers has raided Kirkland & Ellis’s London office for the hire of corporate partner Dan Oates.
Russian powerhouse Egorov Puginsky Afanasiev & Partners triumphed at The Lawyer’s fifth European Awards last night, taking home the title of European Firm of the Year.
Clifford Chance dealmaker and partner Guy Norman is on the verge of being named new corporate chief following an uncontested election.
Shearman & Sterling has seen its London turnover rise 20 per cent after the firm’s new senior partner Creighton Condon pushed forward a three-year growth plan.
Lawyer News Daily
At The Lawyer we don’t hide the fact that we’re fans of one of the BBC’s flagship shows, The Apprentice. What, frankly, would winter be without it?