Rachel Moloney

Rachel is deputy news editor and primarily covers corporate and the City.

Midlands

Shakespeare Martineau sets out office closures with 60 roles affected

Shakespeare Martineau has launched a redundancy consultation that could affect up to 60 roles across the firm. The firm announced today that roles are affected across the firm range from business operations to lawyer positions. Alongside the plans, the firm will also be closing its Leicester Meridian office and relocating staff to its other base […]

money finance

Slaughters’ legal bill for Carillion, revealed

Carillion racked up millions in legal fees from Slaughter and May over an eighteen month period, official letters have shown. The firm was asked last February to provide information to the Work and Pensions Committee, which opened an inquiry into the company’s liquidation at the start of the year. Slaughters billed Carillion nearly £8.4m between […]

Anu Balasubramanian

Paul Hastings launches dedicated City PE practice with DLA hire

DLA Piper partner Anu Balasubramanian is joining Paul Hastings as the firm prepares to take on the increasingly competitive private equity market in the City, The Lawyer can reveal. Balasubramanian will be Paul Hastings’ first dedicated London private equity partner and is also the second DLA partner to be enticed by the US firm after […]

Government

Law firms “squeezed” Carillion for fees in run-up to collapse, MPs reveal

Slaughter and May, Freshfields Bruckhaus Deringer and Clifford Chance are among the advisory firms accused by MPs of “squeezing fee income” out of Carillion as it neared liquidation. In a report published this morning by two committees examining the company’s collapse, all of the firms above are named as picking up fees from Carillion three […]

innovation

Reed Smith gives fee-earners 50 hours for innovation projects

Reed Smith lawyers will be able to spend 50 hours working on innovation projects under a new scheme launched this year. The time spent on innovation counts towards each lawyer’s billable hour target and has been expanded across the firm following a pilot last year. The initial pilot saw 17 lawyers participating in the scheme, […]

DLA Piper takes the plunge with long-awaited Dublin launch

DLA Piper has finally confirmed its launch in Dublin after months of speculation that it was looking to join other new entrants in the market, such as Pinsent Masons and Simmons & Simmons. William Fry partner David Carthy is the first partner to join the firm in Dublin. He made partner at the local firm […]

Deal

Skadden and HSF lead opposite magic circle in Cinven double bill

A raft of corporate players won work on two Cinven deals announced this morning, with Clifford Chance and Freshfields Bruckhaus Deringer scooping the lead roles for the private equity house. Clifford Chance partner Chris Sullivan led the firm’s team for Cinven in its purchase of laundry company JLA to HgCapital. He was supported by debt […]

Slaughter and May

Slaughters to be quizzed on gender pay gap in MP inquiry

A representative from Slaughter and May will appear before a parliamentary committee this week as MPs assess what’s next for gender pay gap reporting. The firm’s HR director Louise Meikle has been asked to speak at the parliamentary hearing tomorrow (Tuesday 15 May), alongside individuals from PwC, Balfour Beatty and Easyjet. The low cost airline […]

Property technology

Freshfields and Simpson Thacher lead on £2bn Zoopla sale

Freshfields Bruckhaus Deringer has acted opposite former partner Ben Spiers, now at Simpson Thacher & Bartlett, on the private equity sale of Zoopla’s owner ZPG. The magic circle firm advised ZPG, which owns property website Zoopla and comparison site Uswitch. The team was led by partners Mark Austin and Piers Prichard Jones, who also advised […]

Simon Marchant

Exclusive: Freshfields corporate head Marchant bows out after 30 years

Freshfields Bruckhaus Deringer has revamped its corporate practice as veteran Simon Marchant leaves after nearly three decades at the magic circle firm, The Lawyer can reveal. Marchant has been Freshfields City corporate head for four years and is retiring from the firm’s partnership this July. He will be replaced by partner Julian Pritchard, who will take […]

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