Rachel Moloney

Rachel is news editor of The Lawyer and primarily covers corporate and the City

clifford chance building

Partners Group hands panel places to cohort of PE firms

Investment manager Partners Group has appointed a number of US and UK-headquartered firms to its panel, including Clifford Chance and Latham & Watkins, The Lawyer understands. Partners Group last undertook a review in 2016, in which the magic circle firm secured a place as one of the company’s core legal advisers. Two key deals for Clifford Chance […]

Bircham Dyson Bell and Pitmans to vote on £52m tie-up

Partners at City outfit Bircham Dyson Bell will vote on a tie-up with Pitmans later this month, which could create a firm with just over £52m in revenue. The firms said they have entered into exploratory merger discussions, with the vote scheduled for 27 September. They said: “We have decided to make this announcement now […]

paris

Dechert nabs Paris finance team from Mayer Brown

Mayer Brown has lost a five-lawyer real estate and finance team to Dechert’s Paris office, as the recruitment market continues to heat up in the French capital. Dechert partner Privat Vigand is leading the team’s move to Dechert, along with four associates – Guenaëlle Taroni, Antoine Periat, Fanny Roiena and Pauline Keller. Vigand has been at […]

Waterstones

Clifford Chance takes lead as Waterstones snaps up Foyles

Clifford Chance has strengthened its relationship with bookstore Waterstones after acting for the retailer on its purchase of Foyles. The magic circle firm secured the mandate for Waterstones after winning a first-time instruction from Elliott Advisors on its acquisition of the bookstore. The lead partners on both deals were London-based Chris Sullivan and Spencer Baylin; […]

magazines

The speed read: what you need to know about the market

The increasing hybridity of legal roles – and in particular that of the often-overlooked professional support lawyers (PSLs), – was underlined this week when The Lawyer revealed that one of their number – Weil Gotshal’s Kate Stephenson – is heading to Kirkland & Ellis to be a partner there. It quickly became our most-read story […]

Better late than never: A&O finally gets granular on gender pay gap

Allen & Overy (A&O) has finally released its partner pay gap figures after months of criticism from the UK Government for not “coming clean” on the data. The move comes after its magic circle peers bowed down to pressure from MPs over the summer, who requested the firms release their gender pay gap for partners. […]

Gherkin

From PSL to partner: Kirkland breaks new ground with Weil hire

In a rare move for a US firm in London, Kirkland & Ellis has hired a professional support lawyer as a partner to drive growth in its increasingly busy restructuring practice. Kate Stephenson joins Kirkland as a partner, having worked at Weil Gotshal & Manges for four years as a PSL in the restructuring team. […]

Loans

Freshfields wins company mandate for Funding Circle’s £300m IPO

Freshfields Bruckhaus Deringer and Linklaters have won the top mandates on the listing of loans platform Funding Circle on the London Stock Exchange. Funding Circle was advised by Freshfields partner Mark Austin, who was also named as a lead partner on Aston Martin’s IPO last week for which he advised the underwriters. He worked alongside […]

Rising costs

KWM administration nears two-year mark as advisory fees total £2.9m

The fees paid to the legal advisers and administrators of King & Wood Mallesons’ (KWM) UK business have amounted to just under £2.9m since the start of 2017, new figures reveal. In Quantuma’s most recent administration report (for between February and August this year), the fees paid to legal advisers reached over £54,000 in the […]

Deutsche Bank

Deutsche Bank veteran leaves in-house role for Shearman

Shearman & Sterling has hired Deutsche Bank’s former co-general counsel Simon Dodds to its London office, after he left the bank earlier this year. Dodds joins Shearman’s financial institutions advisory and regulatory practice as of counsel. He was in-house at the bank for nearly two decades, having been appointed to the role of UK and […]

Mayfair

Ex-Schillings trio join forces for new reputation boutique

One of Schillings’ most senior privacy partners has left the firm to launch a new boutique offering with his former colleague. Chris Scott will form the new venture Himsworth Scott with a former senior associate of Schillings Matt Himsworth, who left the firm in 2012. The pair will be joined by a third lawyer at […]

Coffee Costa

Four firms win roles as Coca-Cola nears £3.9bn Costa deal

Clifford Chance and Slaughter and May have won the lead roles for the Coca-Cola Company and Whitbread respectively in the sale of Costa Coffee to the soft drinks giant. Under the terms of the proposed deal, Coca-Cola will acquire Costa from Whitbread for an enterprise value of £3.9bn. Whitbread acquired the coffee chain for £19m in […]

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