Rachel Moloney

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

telecoms

Freshfields and Paul Hastings lead on €260m telecoms sale

Freshfields Bruckhaus Deringer and Paul Hastings have picked up lead roles on the latest bumper deal in the increasingly active telecoms sector. The magic circle firm has been advising South African company MTN Group on its sale of subsidiary company MTN Cyprus to Monaco Telecom for approximately €260m. Paul Hastings is representing the buyer Monaco […]

Fieldfisher

Fieldfisher offers bonuses to non-fee earners for first time

Fieldfisher is making bonuses available for non-fee earners in the UK for the first time, after a string of stand-out financial results from the firm. The move means high-performing staff in Fieldfisher’s business services’ functions, for example, will be granted a bonus. However, the rewards are discretionary, meaning not everyone will be in line for […]

Charles Martin

Macfarlanes profits rocket by a quarter to hit record high

Macfarlanes has reported the highest average profit per equity partner (PEP) figure of any UK firm this year, posting a 26 per cent increase to £1.74m. The double-digit increase puts the firm’s PEP just above that of Freshfields Bruckhaus Deringer, which last week reported a 5 per cent rise to £1.73m. It is likely that […]

London

Paul Hastings ushers in City partner for global co-head role

Paul Hastings is to appoint a London lawyer to the role of global co-managing partner for the first time, in a move that highlights the importance of the City to the strategy of the firm. London office head Ronan O’Sullivan will take up the post from October, The Lawyer has learned, replacing current co-managing partner and Los Angeles […]

Frankfurt

Latham partner moves to DLA’s Frankfurt office

DLA Piper has snared a corporate partner from Latham & Watkins‘ Frankfurt office, as the firm continues to bolster its capital market divisions in Germany. Roland Maass will be joining the firm from Latham, where he has been a partner since 2006. His practice mainly focuses on capital markets transactions, advising domestic and international companies […]

Freshfields Bruckhaus Deringer

Freshfields returns to form as PEP reaches record levels

After a set of lukewarm results for 2016/17, Freshfields Bruckhaus Deringer has reported a record high in profitability, with average profit per equity partner now at £1.73m. The magic circle firm’s turnover increased by 5 per cent, as the firm added £73m to its topline taking it to £1.4bn worldwide. Net profit and average profit […]

liverpool

Move over Manchester: Taylor Wessing confirms location of new back office

Taylor Wessing will open an office in Liverpool this September, as firms continue to look at low cost alternatives outside the City and away from the competitive markets of Manchester and Belfast. The Lawyer reported in February that a move by Taylor Wessing was imminent, with the office set to house up to 25 people initially. […]

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