EY has announced the appointment of two partners from Addleshaw Goddard, including former managing partner Paul Devitt, in a bid to develop a Manchester legal services offering.
Midlands firms Shakespeares and SGH Martineau have confirmed they will complete their merger on 15 June, less than three months after the two announced they were in talks.
The Lawyer and Lawyer 2B have teamed up with sister publication Employee Benefits and mental health charity Mind to produce an in-depth report into how law firms incentivise and engage staff through their remuneration and benefits strategies.
Linklaters has released its pay bands for junior lawyers during 2015/16, leaving newly-qualified (NQ) pay lagging slightly behind their peers at Hogan Lovells and Slaughter and May.
Royal Dutch Shell has appointed a global sourcing officer from Reed Smith to manage its pricing arrangements with external counsel in a bid to reign in costs and ensure greater value from panel firms.
Some six years after launching in London, Greenberg Traurig’s CEO Richard Rosenbaum is convinced that the City is the key to making the firm the world’s top legal real estate brand.
A website which crowdfunds social justice cases has launched its first case, which sees a prominent Colombian trade unionist allege that BP employed paramilitaries to kidnap and torture him.
Dechert, Sullivan & Cromwell and White & Case have all taken roles in the $12.7bn pharmaceutical deal between US pharmacy chains CVS Health and Omnicare.
Reed Smith has picked up a team of seven partners from rival international firms to launch in Frankfurt, its second office in Germany.
Freshfields Bruckhaus Deringer has appointed corporate partner Gareth Stephenson as head of its Manchester legal services operation, due to launch this summer.
Clifford Chance and Sullivan & Cromwell have taken lead roles on advising Barclays in relation to its $2.3bn (£1.4bn) foreign exchange manipulation penalty fine – the largest fine of the six global banks to settle with global financial regulators on Wednesday (20 May).
Bird & Bird has announced that it has applied to the Luxembourg bar for approval to launch in the Grand Duchy, its 28th office worldwide.
Offshore firm Walkers has announced that it is re-launching a fiduciary business, three years after selling off Walkers Management Services (WMS) to trust company Intertrust.
Linklaters’ ambition to be part of the “global elite” has taken a significant step in the right direction as the firm succeeded in winning the role of principal adviser to Unilever from Slaughter and May.
Fieldfisher has appointed its first diversity and inclusion manager, as the firm makes plans to increase the number of women in leadership positions.
Covington & Burling, Latham & Watkins, Mayer Brown and French firm Franklin are among the firms advising in Altice’s acquisition of US rival Suddenlink, in a deal valued at $9.1bn (£5.86m)
A team of Hill Dickinson lawyers, including two partners, have left to start their own firm under the name Waterside Solicitors.
Dentons is reporting a rise in both revenue and profit for its UK, Middle East and Africa (UKMEA) operations for the 2014/15 financial year, with average profit per equity partner (PEP) up 23 per cent to £502,000.
Hogan Lovells has increased its newly-qualified (NQ) salary to £70,000, sailing past the current pay packets of magic circle NQs.
Dentons has appointed former US presidential candidate Newt Gingrich as an adviser to the firm‘s public policy and regulation practice.
Gibson Dunn & Crutcher has advised UBS on its $545m (£351m) settlement to US authorities to close investigations into the Swiss bank relating to the alleged rigging of foreign-exchange rates and Libor manipulation.
Network Rail has drafted in Eversheds on its battle with TSSA union over rail strike plans to take place on bank holiday Monday (25 May).
Eversheds is the most popular legal brand with general counsel in the UK, with Linklaters the best brand in London, according to new research.
Foot Anstey has turned to CMS Cameron McKenna to defend it against an age discrimination claim brought by an ex-partner.
King & Wood Mallesons (KWM) litigation partner David Bateson has joined 39 Essex Chambers as an arbitrator in its Singapore office after more than 20 years at the firm.
Berwin Leighton Paisner (BLP) is advising new client Stride Gaming on its $103m (£66m) initial public offering on the Aim market.
Berwin Leighton Paisner’s (BLP) turnover increased by 6 per cent to £259m for the 2014/15 financial year, with average profit per equity partner (PEP) rebounding to £659,000.
Scottish firm Harper Macleod posted a jump in turnover in 2014/15 to £22m, up 4.7 per cent on the previous year, revealing solid growth in what continues to be a tough local market.
Browne Jacobson has reported a 17 per cent increase in turnover, from £50.2m to £58.9m for the 2014/15 financial year.
Linklaters has supplanted magic circle rival Allen & Overy (A&O) as the international firm seen to have the most robust India practice, with the firm coming highly-recommended by clients and Indian firms.
Kingsley Napley client JD Wetherspoon has been ordered to pay £24,000 to a number of Irish travellers represented by Howe & Co following a Central London County Court ruling of “direct racial discrimination” by the pub chain on Monday (18 May).
Pan-Baltic firms Lawin and Raidla Lejins & Norcous have both split up, with the two reforming to establish new alliances spanning the region.
Skadden Arps Slate Meagher & Flom and Ropes & Gray have advised Endo International on its $8.05bn acquisition of rival Par Pharmaceutical Holdings.
Clarke Willmott has opened its first office in Cardiff, as the firm reports a 11 per cent growth in turnover from £36m to £40m.
Former Gibson Dunn & Crutcher partner Peter Gray has accused the firm of advising him not to seek independent counsel during an internal investigation following accusations he had deliberately misled the High Court.
Latham & Watkins has topped The Lawyer’s list of the Top 30 International Firms in London thanks to a 27 per cent revenue rise to $267m in 2014, while average turnover of listed firms grew by 13 per cent.
NG Bailey has announced that Eversheds, Pannone Corporate, Muckle and Taylor & Emmet will make up its new legal panel.
Allen & Overy (A&O) has persuaded banking and projects partner Bruno Soares to stay at the firm, two months after it was announced he was leaving for US outfit Paul Hastings.
Osborne Clarke has hired Taylor Wessing’s Brussels managing partner to join its real estate team in the Belgian capital.
Hogan Lovells and DLA Piper have won top roles on the sale of London craft brewer Meantime Brewing Company to SABMiller.
Fried Frank is hiring a banking partner from Hogan Lovells to become the firm’s first head of finance in London.
White & Case has entered into an association with Jakarta-based firm Witara Cakra Advocates (WCA) after ending its relationship with MD & Partners.
Clifford Chance and Linklaters have advised New Look on its £780m sale to South African private equity firm Brait.
Cooley has hired Olswang partner Natasha Kaye to join the firm’s London office as its first tax partner.
Travers Smith has announced its largest promotions round in three years with seven lawyers made up to partner.
Network Rail hit £13.3m in legal costs in 2013/14, with Eversheds and Addleshaw Goddard emerging as top earners in the first financial year after a panel review reduced the roster to eight firms.
Schillings has announced it is hiring 10 new staff, including Hill Dickinson partner Magnus Boyd.
The Government’s ability to have the final say on Freedom of Information (FoI) requests has been “circumscribed, arguably almost to the point of annihilation” in the wake of the ‘black spider letters’ case.
Greenberg Traurig has added 12 new lawyers to its Warsaw office through hires from Allen & Overy (A&O) and Norton Rose Fulbright, as part of a strategy to expand its real estate presence in Central Europe.
Freshfields Bruckhaus Deringer and Shearman & Sterling have picked up top roles in the IPO of healthcare business Integrated Diagnostics Holdings, with the company valued at $668m.
East Midlands firm Flint Bishop has announced plans to increase its headcount by 21 per cent with hires expected across all of its departments.
Berwin Leighton Paisner, Allen & Overy and Eversheds are among 15 firms that could be stripped from National Grid’s legal panel in its latest review.
Outgoing Nomura International CEO Jeremy Bennett said in-house lawyers should aim at taking on more influential roles in an interview kicking off The Lawyer General Counsel Strategy Summit this morning (14 May).
Charles Russell Speechlys has hired a new head of construction for the Middle East from Trowers & Hamlins.
Freshfields Bruckhaus Deringer, CMS and Gide Loyrette Nouel have advised on a deal allowing SNCF Mobilités to gain sole control over Eurostar International.
Milbank Tweed Hadley & McCloy, Cleary Gottlieb Steen & Hamilton and Paul Weiss Rifkind Wharton & Garrison have advised real estate consultant Cushman & Wakefield on its $2bn merger with rivals DTZ.
Olswang has elected Paul Stevens as its new CEO to succeed interim CEO Michael Burdon with immediate effect.
Stephenson Harwood has ended its representation of ex-Leeds United managing director David Haigh, after the Dubai courts refused to release the funds to pay the firm.
The African Development Bank (ABD) has facilitated the formation of a new association of independent African firms designed to inform regulators and promote the development of the profession across the continent.
A review of the legal sector in Wales is to begin next week to determine how the Welsh Government can improve investment and employment in the industry.
All the latest partner hires and other appointments within Continental European firms and offices.
Publishing company Springer Nature has named Macmillan Science and Education GC Rachel Jacobs as its new general counsel following the merger of the two companies.
South coast firm Coffin Mew has opened an office in Brighton following a pledge to double its annual revenue from £10m to £20m by 2017.
Hill Dickinson has announced cuts will be made to its insurance teams across its London, Liverpool and Manchester offices.
Wragge Lawrence Graham & Co and McDermott Will & Emery have advised AstraZeneca and Innate Pharma on their $1.275bn partnership agreement.
Manchester-based firm Pannone Corporate has been appointed to the legal panels of Iceland Foods and NG Bailey.
Foot Anstey’s annual revenue has grown by 16 per cent to £32m, with the firm hitting the £30m turnover barrier sooner than expected.
Kingsley Napley has announced an increase in unaudited profit of 7.9 per cent, rising from £8.8m to £9.5m in 2014/15.
Gibson Dunn & Crutcher client the Republic of Djibouti has lost an application to the High Court for permission to seek a new freezing injunction against its citizen Abdourahman Boreh in Singapore.
EY Law is to launch a London financial regulatory practice after recruiting a team from Baker & McKenzie and Weil Gotshal & Manges.
Osborne Clarke has reported a 15 per cent per cent increase in global revenues for 2014/15, with the firm just shy of breaking the €200m mark.
Some three years after the implementation of the Legal Services Act, Gateley has announced its intention to be the first UK law firm to launch an initial public offering (IPO).
Fieldfisher is the sole law firm to have been instructed by the Groceries Code Adjudicator (GCA) on its investigation into Tesco’s profit over-statement.
Weil Gotshal & Manges and Covington & Burling have advised Verizon Communications in its $4.4bn acquisition of AOL, with Wachtell Lipton Rosen & Katz advising the target.
Fox Williams has appointed interdealer broker GFI Group’s head of legal EMEA, Nigel Brahams, to its financial services team.
Fieldfisher has promoted four lawyers to partnership in its 2015 round marking the lowest number of promotions at the firm in recent years.
The code governing how junior lawyers are recruited will be upheld after the Solicitors Regulation Authority (SRA) abruptly withdrew from it earlier this year, it has been revealed.
Barclays has lost another three senior lawyers following a tumultuous first quarter that has already seen a raft of top level exits from the bank’s legal team.
Clyde & Co has announced it is in advanced merger talks with Simpson & Marwick, in a move which would give the firm its first base in Scotland.
The chief executives of investment bank Nomura International and polling company Ipsos MORI are among the star speakers at The Lawyer General Counsel Strategy Summit (GCSS) in Lisbon later this week.
A Paris employment tribunal has landed Dentons with a €60,000 damages bill after finding that the firm unlawfully made a secretary redundant immediately prior to the 2013 merger between legacy Salans and SNR Denton.
The Libyan Investment Authority (LIA) has turned to Keystone Law to replace Enyo Law on its $3.3bn (£1.9bn) battle against Goldman Sachs and French bank Société Générale (SocGen).
Manchester firm JMW Solicitors has announced its profits have increased from £17.2m to £19.4m for the 2014/15 financial year.
The brothers behind dissolved Indian firm Amarchand & Mangaldas & Suresh A Shroff & Co have launched two separate firms less than a week after confirming the dissolution of the family business.
Michael Gove is the new Secretary of State for Justice. Early indications suggest his relationship with the legal profession will be a fractious one. Here are five reasons why…
Kennedys has promoted four solicitors to its partnership, three of whom are women.
The Indonesian member of the ZICOlaw network has teamed up with Japanese firm Anderson Mori & Tomotsune (AMT) to offer advice to Japanese clients making inbound Indonesian investments.
Michael Gove has been appointed the new Minister for Justice following the Conservative Party’s surprise election win last week.
Birmingham law firm Gateley is set to become the first firm in the UK to float on the London stock exchange.
Asda has launched a review of its relationship with its roster of external legal advisers in a project internally known as ‘Project Spark’.
Merger talks between Midlands firms Shakespeare and SGH Martineau are ongoing with discussions now expected to be completed by the end of next month.
Forsters has reported double-digit growth for the fifth consecutive year in its 2014/15 financial results.
King & Spalding and Paul Weiss Rifkind Wharton & Garrison are advising two online food delivery companies in one of the largest acquisitions ever made in the sector.
DLA Piper has launched a new corporate finance arm operating under the name Noble Street.
Clifford Chance and King & Wood Mallesons (KWM) have picked up top roles advising National Australia Bank (NAB) on its $5.5bn capital raising for a possible demerger from Clydesdale Bank.
Blake Morgan is merging with London-based firm Piper Smith Watton, nearly a year after the merger of Blake Lapthorn with Morgan Cole.
The Conservative manifesto promise to immediately scrap the 1998 Human Rights Act (HRA) on winning the 2015 general election is nearing reality as David Cameron’s party wins an overall majority.
The legal profession’s MP hopefuls enjoyed a mixed night as the Conservative Party crept towards an overall majority in the General Election.
Osborne Clarke has reappointed its international CEO Simon Beswick for a second term and its international chairman for a further two years.
Travers Smith client Hewlett Packard (HP) has accused Autonomy executives including former CEO Mike Lynch, represented by Clifford Chance, of fraud in court filings issued to the High Court in May.
To what extent are US firms embedded within the UK corporate landscape?
Everyone thought Irwin Mitchell would be doing it soon, but it looks as if Gateley will beat the national firm to the punch. Gateley is actively preparing an IPO. It’s notable not least because Gateley – unlike Irwin Mitchell and Slater & Gordon, the Aussie-listed company that took over RJW three years ago – is not a personal injury outfit. Will Gateley genuinely be the pathfinder for commercial law firms?
Lawyer News Daily
Royal Dutch Shell has appointed a global sourcing officer from Reed Smith to manage its pricing arrangements with external counsel in a bid to reign in costs and ensure greater value from panel firms