Exactly one year on from becoming Aurelius’ first UK-based legal counsel, The Lawyer caught up with Kimberley Whitaker to see how her role has developed Taking on the job of European investor Aurelius’ first and only UK lawyer was a career-changing move for Kimberley Whitaker. “It was my first permanent in-house position,” she says. “But […]
Banking sector legal heads are continuing to realign their in-house teams following a period of intense regulatory scrutiny on the industry. Banking sector general counsel are radically overhauling their in-house teams in the wake of record regulatory enforcement-related fines, this week’s banking special report has revealed. According to the CCP Research Foundation, the global banking […]
For a couple of weeks in September 2014, there seemed to be no end to Jones Day’s hiring spree. The firm opened the floodgates to a raft of new lateral partners in practices ranging from private equity to restructuring. Capital markets partner Neil Hamilton joined from Paul Hastings (9 September 2014), alongside high yield partner […]
The pressure on in-house lawyers in the financial services sector is growing as banks face up to new challenges such as greater regulatory scrutiny. Increased competition, a new regulatory landscape, and multi-billion dollar fines – in-house lawyers in the financial services sector have had plenty of challenges to keep them on their toes over the […]
Firms including Macfarlanes, Nabarro and Travers Smith have won roles on the listing of bar chain Revolution on the London Stock Exchange. The group, which own 58 bars dotted across the UK, operates under the Revolution and Revolución de Cuba brands. The IPO has an intermediary offer element whereby shares are offered to financial institutions, […]
A raft of firms including Clifford Chance, Morgan Lewis, Nabarro and Pinsent Masons have advised on the acquisition of Liberty Living by Canada Pension Plan Investment Board (CPPIB). Liberty Living, which was previously part of the Brandeaux Student Accommodation Fund, is one of the UK’s largest private student accommodation providers. Last July, sellers Brandeaux scrapped […]
Fried Frank launched in London in 1970. But the hire of Kirkland & Ellis UK head Graham White is a more recent statement of intent. Here’s why. Cooley, Gibson Dunn, Milbank, Proskauer – there is an ever-growing list of US firms putting renewed efforts into growing their market share in London. And there is another […]
Firms including Clifford Chance, CMS Cameron McKenna and Freshfields Bruckhaus Deringer have stepped up to advise on the sale of the Government’s stake in Eurostar. HM Treasury is set to sell its entire 40 per cent stake in Eurostar to a consortium comprising Canadian institutional investor Caisse de dépôt et placement du Québec (CDPQ) and […]
Weil Gotshal & Manges’ UK revenue grew by 9.6 per cent in 2014, from $114m to $125m (£82m). The figures mirror a positive year for the firm globally, which saw its gross revenue boosted by 1.2 per cent to $1.15bn last year (11 March 2014). Weil’s average profit per equity partner (PEP) also grew in […]
DLA Piper’s global revenue held steady at $2.48bn (£1.626bn) last year, following a 1.7 per cent growth during the 2013 calendar year. However, the firm’s global net profit rocketed to a record high in 2014, growing by 10.8 per cent from $602m to $667m. The figure marks a turnaround for the firm, which witnessed its […]
Latham & Watkins has elected two London-based counsels to its partnership, amounting to just under a quarter of its global total for 2015. Capital markets specialist James Inness and international arbitrator Charles Claypoole joined the firm’s partnership ranks as of 1 March 2015. The pair have been made up as part of a nine-strong promotions […]
Lloyd’s of London underwriter Marketform has appointed Alastair McKay as its new general counsel. McKay was previously UK general counsel at Aspen Re, which he joined in August 2007. Prior to moving in-house, McKay spent a stint at Baker & McKenzie. In his new role McKay wil report into Marketform’s chief executive officer John O’Neill. O’Neill […]