Latham & Watkins has made up just one partner in London, in addition to another 18 new partners worldwide.
Freshfields Bruckhaus Deringer has been retained by Tesco in the wake of the Serious Fraud Office’s (SFO) announcement that it had opened an investigation into accounting practices at the supermarket giant.
Linklaters and Milbank Tweed Hadley & McCloy have secured judgment in favour of Visa in a dispute brought by retailers over fees charged for using Visa credit cards.
Lloyds Banking Group has appointed Jennifer Neilsen as general counsel for retail following the departure of Stuart Morgan in May.
Europe’s largest firm, Iberian giant Garrigues, has announced a marginal rise of 0.2 per cent in its 2013/14 turnover along with the promotion of seven to its partnership.
All the latest partner hires and other appointments within Continental European firms and offices.
A host of barristers from top sets and major international law firms are advising as British Airways (BA) and a number of other international airlines seek to defend a £1bn claim that they were part of a cartel raising the price of air cargo services.
BLM, Keoghs and Simpson Marwick have been appointed to insurance broker Hastings Direct’s new slimline claims defendant panel.
Paul Hastings’ London office has hired White & Case’s former IP and technology London head and global data privacy and cyber security chair Ashley Winton.
Norton Rose Fulbright has re-elected Peter Martyr as its global chief executive for his fifth three-year term, as of 1 January 2015.
The High Court has ruled that nine former Halliwells partners cannot be pursued by the firm’s liquidators for overpaid drawings and overpaid tax.
Taylor Wessing has re-elected its senior partner Adam Marks for a second three-year term.
Edward Wildman Palmer’s London head Nick Bolter no longer has a formal stake in managing the firm’s City base.
Allen & Overy is set to take home the lion’s share of £9.8m in legal fees for its advice to Tui AG on its bumper merger with its FTSE 100 subsidiary Tui Travel.
A stellar line-up of judges for The Lawyer European Awards 2015, representing a wealth of experience within the Continental European legal market, is today revealed.
DLA Piper is to merge with Mexico City-based firm Gallastegui y Lozano (GyL) as three existing partners and their team, including DLA’s Mexico City co-managing partner, leave for Baker & McKenzie.
Olswang’s former CEO David Stewart, who stepped down from his role at the start of October mid-way through his second three-year term, has left the firm.
Stephenson Harwood has taken a lead role advising the developer of a long-awaited $2.5bn (£1.55bn) real estate and tourism development project in Oman.
Sports Direct has agreed to rewrite contracts relating to zero-hours staff as part of an out-of-court settlement in a dispute brought by Leigh Day on behalf of a former zero-hours employee.
Clyde & Co has picked up three partners from Australian firm Sparke Helmore in Brisbane to open its fourth office in the country.
Freshfields Bruckhaus Deringer, Macfarlanes and Forsters are among the firms to advise on the rescue of the Monarch Group by investment firm Greybull Capital.
Berwin Leighton Paisner (BLP) has joined the growing number of firms setting a target for female partnership representation, aiming for 30 per cent of its partnership by the end of 2018.
CVC has turned to long-standing adviser Freshfields Bruckhaus Deringer has for its €700m (£551m) acquisition of Helsinki-based Paroc.
The largest US firms are now so entrenched in the UK legal market that they are collectively generating over £2bn annually and are major players in the 100 firms bringing in the most revenue from the UK.
M&A is a high-risk business where there are many motivations to drop a deal beyond crunching the figures. In this last week alone, three major international deals have pulled the plug – but how is this instability affecting the legal market?
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.
The revenue produced in the UK by the top 30 international firms has grown by 35 per cent, from $2.6bn to $3.5bn, between 2009 and 2013.
Latham & Watkins and Baker & McKenzie’s association firms in Saudi Arabia have won key roles advising on the IPO of the country’s largest lender, the National Commercial Bank (NCB).
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.
Reed Smith and Danish firm Kromann Reumert advised Bavarian Nordic on a licence and supply agreement for approximately $187m to grant its Ebola vaccine exclusively to Johnson & Johnson company Crucell Holland.
Slaughter and May corporate partner David Wittmann is to become the firm’s practice partner on 1 January 2015.
Baker & McKenzie has bolstered its Melbourne office with the addition of a partner from Australian firm Corrs Chambers Westgarth.
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.
Pinsent Masons managing partner David Ryan has decided not to seek re-election at the end of his current term in April 2015.
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.
Acquisitive Hull-headquartered personal injury firm Neil Hudgell Solicitors has today acquired Rapid Solicitors to form a £20m personal injury (PI) business.
DWF’s rapid expansion and willingness to embrace the new opportunities in the UK legal market scooped it Management Team of the Year at The Lawyer Management Awards last night.
Dispersed firm Keystone Law has received a £3.15m cash injection from private equity house Root Capital in return for a 35 per cent stake in the firm’s shares.
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.
Parabis has cut 24 fee earner roles from its Croydon-based claimant firm Cogent Law.
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 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.
Land Securities’ first-ever general counsel Adrian de Souza has handed in his resignation after over four years at the FTSE 100 property company.
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.
When Kennedys’ human resources director Caroline Wilson joined the firm almost four years ago, its qualified lawyers were distinguishable only as solicitors or partners.
Akin Gump Strauss Hauer & Feld is understood to be negotiating to take the seventh floor at 41 Lothbury having taken over Bingham McCutchen’s lease on the fifth and sixth floors with immediate effect.
Fried Frank Harris Shriver & Jacobson has made its second major hire in a week, appointing Orrick Herrington & Sutcliffe’s London tax chief Nick Thornton.
The John Lewis Partnership has hired former BG deputy general counsel Keith Hubber to join the company as general counsel from February 2015.
US firm Orrick Herrington & Sutcliffe has opened its first affiliated office in Africa’s Ivory Coast, operating under the name Orrick RCI.
Jones Day has represented US medical tech company Steris Corporation in a deal to acquire Synergy Health in a cash and stock transaction valued at approximately £1.2bn.
Bird & Bird is to merge with its Australian alliance partner Truman Hoyle a year and a half after signing a co-operation agreement with the TMT firm.
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.
Magic circle firms have released their salary figures for trainees and associates in 2014/15, but the increases are not enough to match the power of US firms’ wallets.
Today (22 October) will see well over 100 of the UK legal market’s leaders converge on The Brewery in the City of London for the second annual The Lawyer Management conference.
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.
The number of law firms having to take office space at rates that exceed the top of the London market has risen 7 per cent, according to new research.
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.
Travers Smith and Clifford Chance have been called in to advise on the administration of Ebola-struck London Mining.
Covington & Burling advised US mobile phone chipmaker Qualcomm and Slaughter and May advised tech firm CSR on the US company’s £1.6bn takeover of the British company, which will increase Qualcomm’s presence in the UK.
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.
Linklaters’ South African ally Webber Wentzel has split its senior partner role into two as incumbent David Lancaster steps down after nine years in the position.
Addleshaw Goddard has appointed Tim Wheldon and Malcolm Pike as office heads in Leeds and Manchester respectively in the firm’s latest management change.
The head of Clifford Chance’s Perth office is set to leave the firm for investment house Gresham Partners three and a half years after the firm that bore his name joined the magic circle giant.
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.
Circle Housing Group, the social housing provider for London and the South East, has appointed nine firms including Shoosmiths, Trowers & Hamlins and Weightmans to its new-look panel after a year-long review.
All the latest partner hires and other appointments within Continental European firms and offices.
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.
Hogan Lovells has added the first partner to its Vietnam practice with the addition of an Allen & Overy (A&O) lawyer in Ho Chi Minh City.
Italian arbitration boutique Arblit has hired its third partner, bringing on board Freshfields Bruckhaus Deringer partner Massimo Benedettelli.
Spanish firm Pérez- Llorca has announced the opening of a new office in London, led by corporate and finance partner Fernando Quicios.
Private equity house Mid Europa Partners has appointed its first legal counsel, hiring White & Case senior associate Jana Philip.
DAC Beachcroft will send its future trainees to BPP Law School, switching its allegiance from the University of Law.
King & Wood Mallesons SJ Berwin is set to scrap ‘SJ Berwin’ from its name on 1 November, as the firm celebrates the first anniversary of its record-breaking merger.
McDermott Will & Emery finance partner Pierre Brochet has left to join Greenberg Traurig Maher’s (GTM) London office as a partner in the firm’s corporate and securities practice.
Slaughter and May and Linklaters partners have been listed as prominent LGBT allies by diversity networking organisation OUTstanding.
Nabarro has formed a new French alliance with Lefèvre Pelletier & Associés seven months after breaking up with former alliance partner August & Debouzy.
White & Case has added five new members to its partnership in London - more than any of the firm’s other offices globally.
Baker & McKenzie has named Hong Kong-based Milton Cheng as managing partner of its Hong Kong, China, Korea and Vietnam offices.
Kirkland & Ellis’ London head Graham White has quit the firm to become Fried Frank Harris Shriver & Jacobson’s first-ever London managing partner.
Kent County Council’s legal division Kent Legal Services (KLS) has today launched a search for a private sector alternative business structure (ABS) partner.
King & Wood Mallesons SJ Berwin (KWM SJB) has hired finance and employment teams in Milan led by partners from two local firms in a significant boost for its Italian practice.
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.
Not good friends: Fieldfisher and former privacy chief Ustaran settle dispute over 18-month notice period
It has emerged that Fieldfisher and its former data privacy head Eduardo Ustaran turned to arbitration to settle a dispute over his exit for Hogan Lovells, after the partner was accused of breaching the firm’s partnership agreement.
Pinsent Masons has named corporate partner Barry McCaig as head of its Glasgow office following a management reshuffle that was prompted by the election of Richard Foley to senior partner.
Freshfields Bruckhaus Deringer and Linklaters advised on more main market IPOs in London than any other firms between 1 January and 30 August 2014.
DLA Piper has hired Allen & Overy’s (A&O) Spanish senior partner Iñigo Gómez-Jordana in Madrid, just months after he handed over the local managing partner role at the magic circle firm.
An appeal against the appointment of the judge who heard the trial of the three founders of collapsed law firm Marrache & Co is to be taken to the Privy Council after being thrown out by the Gibraltar Court of Appeal this week.
YouView’s general counsel Tony Vitale has joined insurance company BGL Group in a new role as head of legal.
Allen & Overy (A&O) has unveiled plans to recruit up to 100 new roles for its Belfast office over the next five years, a projection that underlines the role the office is likely to play in facilitating the firm’s future growth and which should see it become its second-largest office worldwide.
Lawyers make up 15 per cent of the top 100 LGBT business leaders, according to LGBT professional network OUTstanding.
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.
Mishcon de Reya is to recruit its future trainees purely from its vacation scheme, in an effort to ensure that it succeeds in capturing the best candidates possible.
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.
Orrick Rambaud Martel has strengthened its Paris banking group and Africa expertise with the hire of a partner from Heenan Paris, the French successor firm to collapsed Canadian outfit Heenan Blaikie.
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.
What should aspiring general counsel know about getting the top job? A recent roundtable brought a number of in-house heads and deputy heads together to discuss preconceptions of the GC role. And as our other stories indicate, the GC jobs market is a very fluid one at the moment.
Lawyer News Daily
Let’s rewind 12 years. Back in 2002, Girls Aloud and Ali G were just making it big, and the bunting was out to celebrate the Queen’s Golden Jubilee.