Weil Gotshal & Manges finance partner Rupert Wall has left the firm for Sidley Austin, while Weil associate Chris McGarry has also departed for Ropes & Gray.
The Fairpoint Group has acquired personal injury specialist firm Colemans-CTTS for £9m, strengthening its legal services arm after buying Simpson Millar last year.
The University of Law’s chief executive has stepped down from his role just one month after its private equity owners sold the institution to education conglomerate Global University Systems (GUS).
Fladgate has been replaced by Signature Litigation on the £4bn battle between the Royal Bank of Scotland (RBS) and its shareholders.
Farrer & Co has unveiled its three-year strategy, as the independent firm plans to expand its offering with the introduction of a child protection unit and provisions to help new foreign clients.
The London School of Economics (LSE) has appointed Pinsent Masons as its sole legal provider for the third time.
Weil Gotshal & Manges and DLA Piper have won top roles on the £1.8bn sale of baggage handling company Swissport from private equity firm PAI Partners to China’s HNA Group.
BLM has seen turnover increase 17 per cent from £89m to £104.1m for the 2014/15 financial year.
Revenue at Burges Salmon grew by 5.6 per cent in 2014/15 from £76.5m to £80.8m for the fourth consecutive year, while net profit increased by 10.6 per cent from £25.4m to £28.1m during the period.
Herbert Smith Freehills (HSF) has revealed a 92 per cent retention rate for its autumn 2015 qualifying trainees, with 34 of 37 trainees staying on at the firm.
A team of private client lawyers from Leeds based firm Gordons has split away from the firm to set up a private law boutique.
Bristows client Google has won permission to appeal a recent Court of Appeal (CoA) ruling that said British users can sue the technology giant in the UK.
Nearly three in every four lawyers are suffering from burnout or worried about the condition, a survey of 1,000 lawyers has revealed.
Kirkland & Ellis has hired Freshfields Bruckhaus Deringer partner Michael Steele, a month after high-yield partner Ward McKimm made the opposite move.
Clifford Chance client Conservative MP Nadine Dorries has successfully batted off an election petition that threatened to trigger a by-election in her constituency.
Berwin Leighton Paisner (BLP) has advised Highways England as it awarded £1.55bn worth of contracts for its smart motorways programme.
Conservative MP Nadine Dorries has instructed Clifford Chance to defend a petition lodged with the High Court accusing her of smearing the applicant’s “personal character and conduct”.
Linklaters is advising technology company Delphi Automotive on its £1.07bn acquisition of HellermannTyton Group, represented by Skadden Arps Slate Meagher & Flom.
Still convinced the traditional law firm model has a future? Allow Adam Smith Esq president Bruce MacEwen to put you straight.
The launch of domain name .law is set to occur today (30 July 2015) as part of the generic top level domain (gTLD) programme run by NetNames.
Barratt Developments, the UK’s largest house builder, has announced its general counsel will retire later this year.
Kerman & Co and Harneys are advising Coinsilium on its intention to float on Aim, as it looks to become the first UK blockchain company to go public.
Mr Justice Peter Smith is facing an investigation by the Judicial Conduct Investigations Office (JCIO) in connection to his recusal from the mammoth air cargo cartel case involving British Airways (BA).
Law firms will be able to recruit future trainees from their second year at university due to a change in the graduate recruitment code.
Transport workers’ union the GMB has instructed Leigh Day to bring an employment claim against taxi-booking service Uber, arguing that it is in breach of a duty to provide drivers with basic employment rights.
Anderson Strathern and Harper Macleod have both won places to advise the Scottish government across each of the six lots within its legal framework.
A number of major law firms, including Pinsent Masons and Stephenson Harwood, are exploring their options in Iran in the wake of the recent deal ending sanctions against the country.
Shoosmiths will not be reversing the voluntary pay cuts taken by its staff in 2009 despite the firm announcing its turnover had reached £102m last year.
Wedlake Bell has recorded revenue of £31.3m for the 2014/15 financial year.
The judiciary has named four new Court of Appeal (CoA) judges, including two with less than 10 years’ experience on the bench.
The High Court has ordered the trustees of Boris Berezovsky’s estate to hand over more than £12m in unpaid legal fees to Addleshaw Goddard.
Trowers & Hamlins has revealed a reduced retention rate of 71 per cent, keeping on five of seven autumn 2015 qualifying trainees.
Mishcon de Reya co-head of funds and financial services group Eve Ellis is set to join O’Melveny & Myers in London.
Morrison & Foerster (MoFo) has hired Winston & Strawn’s Asia litigation chair Adrian Yip as a partner, along with three associates.
An application has been made to the High Court to have CMS Cameron McKenna removed as the lawyers for two KPMG administrators over allegations that the firm’s role represents a conflict of interest.
Competition specialist Mrs Justice Rose has been appointed to succeed Mr Justice Peter Smith on a £1bn British Airways (BA) dispute after the latter agreed to recuse himself.
With moves between US firms rocketing in the first half of 2015, The Lawyer’s Top 30 International Firms in London report reveals the most coveted firms to join and those losing out in the war for talent in London.
Latham & Watkins and Sullivan & Cromwell have won top roles on one the largest pharma M&A transactions of 2015, as Teva Pharmaceutical Industries agrees to buy Dublin-based Allergan for $40.5bn (£26bn).
Bank of America general counsel Gary Lynch is stepping down from his role, four years after joining the bank.
Royal Mail general counsel Neil Harnby is leaving the company at the end of this year after four years at the helm of the company’s legal team.
Pinsent Masons has announced that it has acquired the majority stake in cloud-based compliance venture Cerico, which will be led by former McGrigors managing partner Richard Masters.
GE has reviewed its finance and M&A European legal panel and it is understood that Allen & Overy (A&O), Slaughter and May and Weil Gotshal & Manges are among the firms winning a place.
Brodies has announced its fifth consective year of revenue and profit growth as turnover increased by 11.2 per cent, from £52.1m to £57.9m.
Deutsche Bank has carried out its biennial legal review and is understood to have appointed Allen & Overy (A&O), Hogan Lovells and White & Case to its roster.
What would you ask judges from The Lawyer Awards, in association with Travelers, if you had the chance? At the first Best in Class networking and best practice event, this year’s shortlisted teams and in-house counsel were given the chance to get a glimpse into the judging room.
Wragge Lawrence Graham & Co has advised longstanding client Rothesay Life on a £1.6bn annuity with the Civil Aviation Authority Pension Scheme, which is the second largest “buy-in” ever secured by a UK pension team.
Legal aid cuts mean “we are potentially creating ‘no go’ areas of practice for women”, warns Alistair MacDonald QC
Taylor Wessing managing partner Tim Eyles was recently elected for a third term at the helm of the firm. His next step? International expansion.
Bircham Dyson Bell has instructed RPC to defend a professional negligence claim brought by property developer client Harding Homes.
Dispersed firm Keystone Law has made 20 lateral partner and senior lawyer hires in recent months, including a team from Hogan Lovells and former practice heads from firms including Pinsent Masons and Sheridans.
Freshfields Bruckhaus Deringer and Skadden Arps Slate Meagher & Flom have advised on the £844m deal to sell the Financial Times group to Japanese media firm Nikkei.
Ince & Co has announced that its turnover has fallen by 8 per cent, from £86.7m to £79.4m last year.
Freshfields Bruckhaus Deringer has made waves in Manchester by offering the city’s paralegals turbocharged salaries to switch allegiances.
Barclays managing director of litigation and investigations Jonathan Peddie and former Standard Chartered group head of legal David Brimacombe are set to join Baker & McKenzie’s global investigations practice as partner and consultant respectively.
All the latest partner hires and other appointments within Continental European firms and offices.
Gibson Dunn & Crutcher, Latham & Watkins and Weil Gotshal & Manges have all advised on the latest multi-billion dollar pharma acquisition of global corporation Thoratec by St Jude Medical.
The Ministry of Justice (MoJ) has launched another consultation to raise court fees, just months after the Coalition Government hiked some civil court fees by 600 per cent.
Charles Russell Speechlys has posted its first post-merger financial results, revealing a 3.5 per cent increase in revenue to £134.5m.
The announcement of the Scottish government’s vastly expanded legal panel has been delayed by almost two months after firms were given time to appeal the body’s initial decisions.
Withers’ revenue rose 8.7 per cent over 2014/15 from £123.3m to £134m, while its average profit per full equity partner (PEP) dropped by 2.4 per cent, the firm has announced.
Taylor Wessing is set to launch an international corporate crime and fraud unit of 40 partners and another 60 lawyers to be a “one stop shop” for regulatory advice.
Nabarro will retain 10 of its 13 autumn 2015 qualifying trainees as newly-qualified (NQ) lawyers.
McDermott Will & Emery has announced intentions to target the Cuban market with a full-service venture in La Habana, set up through an agreement with independent Spanish firm Olleros Abogados.
Lawyers have praised a Supreme Court ruling that legal fees are recoverable under the Access to Justice Act (1999) as a victory for common sense.
Pinsent Masons and Travers Smith have won top roles on the sale of City-based finance adviser McQueen to international investment bank Houlihan Lokey.
Mr Justice Peter Smith has agreed to recuse himself from a £1bn air cargo price-fixing case after lead defendant British Airways claimed that he could be biased against the company.
Former Harbottles MP Abramson hit with £20,000 fine over phone hacking as in-houser Chapman is cleared
Former Harbottle & Lewis managing partner Lawrence Abramson has been ordered to pay a £20,000 fine over his work in relation to the phone hacking scandal at the News of the World.
US technology-focused law firm Fenwick & West has added three lawyers to its Shanghai office, including former Latham & Watkins partner Karen Yan.
Trowers & Hamlins’ international net profit has plummeted by 96 per cent from £2.5m to £100,000 in the last financial year.
4 Stone Buildings’ Jonathan Crow QC has been instructed by the Attorney General’s Office as an amicus curiae to assist the Supreme Court in the next stage of the long-running battle between JSC BTA Bank and its former chairman Mukhtar Ablyazov.
Shipping insurance mutual the Standard Club has undergone a review of its preferred legal advisory panel, with longstanding advisers Ince & Co and Holman Fenwick Willan (HFW) understood to have made the cut.
Standard Chartered’s new chief executive Bill Winters has announced a “realignment” of the bank’s compliance and legal capabilities, handing group general counsel David Fein responsibility for corporate secretariat issues.
The AA has delayed signing off its legal panel review by three months, The Lawyer has learned.
PricewaterhouseCoopers (PwC) and Lloyds Bank have instructed DLA Piper and CMS Cameron McKenna respectively to defend a multimillion-pound professional negligence claim brought by Premier Motorauctions.
Herbert Smith Freehills (HSF) and Norton Rose Fulbright have won roles on the latest energy-focused company to float on the London Stock Exchange.
All the latest partner hires and other appointments within firms and offices in the Asia Pacific region.
Irwin Mitchell and DAC Beachcroft are among the top firms cashing in on NHS negligence cases as damages and costs paid to patients who have suffered harm continue to rise.
Lawyers for 6,000 Lloyds Bank shareholders will go before the High Court this week to seek disclosure of sensitive documents and agree costs in the mammoth lawsuit over the acquisition of Halifax Bank of Scotland (HBoS).
Ashurst and Linklaters have won top roles on the £1.3bn reverse takeover of engineering software company Aveva Group by French-based Schneider Electric.
City firm Bates Wells Braithwaite (BWB) has posted a 12 per cent increase in turnover from £18.26m to £20.38m in the 2014/15 financial year.
Freshfields Bruckhaus Deringer is understood to have marked its entry into the Manchester market by hoovering up the city’s paralegal resources, leaving other firms understaffed.
Linklaters is poised to break its traditional managing partner voting process to ensure a permanent head is in place before current managing partner Simon Davies leaves for Lloyds Bank in January.
Harneys is understood to be the latest multi-jurisdictional offshore firm planning a Bermuda launch, following in the wake of rival Walkers.
Stephenson Harwood has launched a new investigation service to enable companies to deal with cyber-attacks and the litigation that follows.
Cleary Gottlieb Steen & Hamilton and Linklaters have acted on the £992m sale of Anglo American’s 50 per cent interest in Lafarge Tarmac.
Allen & Overy has hiked its associate salaries by around £20,000 at every level from 1PQE to 3PQE by incorporating bonuses into monthly pay packets.
Allen & Overy (A&O) client 888 Holdings has won the bidding war for gaming operator bwin.party, represented by Freshfields Bruckhaus Deringer.
The Ministry of Justice (MoJ) is expected to file its defence later this month against claims brought by almost 200 judges arguing that changes to the judicial pension scheme are discriminatory on grounds of age, race and sex.
Lazard Asset Management has appointed Tim Russell as head of legal and compliance in the UK, following his departure from Ignis Asset Management.
Winston & Strawn is to shut its Geneva office at the end of September, putting London and Paris at the heart of its international arbitration practice.
Slaughter and May is keeping 89 per cent of its qualifying trainees this autumn, a dip on the 97 per cent recorded last year.
City firms attack SRA training proposals as "undermining position of English law as a qualification"
Lawyers warn of “significant risk of dilution in standards and reputation with potentially catastrophic consequences” if the training contract is scrapped.
The Ministry of Justice (MoJ) has revealed it will launch a consultation on plans to close one fifth of courts and tribunals in England and Wales.
South African firm Webber Wentzel has hired five senior banking lawyers, including the outgoing general counsel of Jardine Matheson, in a boost for its finance team.
Morgan Lewis & Bockius has hired DLA Piper’s London head of investment funds Gawain Hughes, as the firm continues to grow in London.
Gateley has announced that its revenue has increased 10 per cent from £54.6m to £60m during the 2014/15 financial year.
Offshore firm Appleby has agreed the management buyout (MBO) of its fiduciary business for an undisclosed sum in a deal backed by private equity house Bridgepoint.
In a market where many firms are posting double digit rises in revenue, there doesn’t appear to be much of a problem when it comes to pricing. But don’t be so sure.
The BBC has promoted Nicola Cain to the new role of head of legal for freedom of information (FOI) and contentious data protection (DP).
Housing associations Thirteen Group and Midland Heart have both announced their intention to create new legal panels.
Today’s issue is our last of the summer. Three weeks of summer sun with nothing to do but soak up the rays. Possibly.
Gateley’s move to float on AIM earlier this year intrigued the market. It was certainly an unexpected move; most had tipped Irwin Mitchell to be the first commercial law firm to seek a stock market listing. But as our detailed analysis shows, the deal is less radical than on first sight.
Lawyer News Daily
Fladgate has been replaced by Signature Litigation on the £4bn battle between the Royal Bank of Scotland and its shareholders