Rachel Moloney

Rachel is deputy editor (City) of The Lawyer and primarily covers corporate and the City

Steve Cooke Slaughter and May

Slaughters’ chief lines up post-leadership role

The senior partner of Slaughter and May is set to move to Brunswick when his term ends next year. Steve Cooke will join the advisory group in May 2023 as a partner. At Brunswick, Cooke will advise clients in the UK and globally on a range of matters including M&A, crisis, disputes and litigation. The […]

chatbot genAI

“Prepare for the new world:” Simmons debuts genAI tool

Simmons & Simmons has developed its own generative AI (genAI) tool, with its workforce encouraged to train up and think about how new technologies can help in their daily life. The firm has called its genAI tool “Percy” – named after one of the twin brothers who co-founded Simmons in 1896. While Percy is powered […]

Axiom Ince fallout: Compensation claims hit £33m

Solicitors are not yet being asked to contribute more to the legal regulator’s compensation fund, despite it already receiving claims worth £33m following the collapse of Axiom Ince. There had been speculation that the Solicitors Regulation Authority (SRA) might need to impose a one-off levy on members to deal with the influx of claims. However, […]

Dollars money cash

US firms move fast to match Cravath salaries

US giants are considering whether to match a compensation scale set by Cravath Swaine & Moore last night. McDermott Will & Emery and Paul Hastings have both said they will offer its associates the same salaries as Cravath. This means that the firms’ most junior lawyers in the US will pick up $225,000, while those […]

building construction

Claim Spotter: Network Rail and Homes England face procurement suit

Procurement spat brews  Network Rail Infrastructure and Homes England have been hit with a claim filed in the Technology and Construction Court by Aviva Capital Partners. The suit, filed by DLA Piper, has been listed as a Part 7 Claim – procurement. Aviva invests in regeneration projects, public sector partnerships to support innovation, as well […]

document assess inquiry

Top 100 UK firm fined £100,000 over money laundering breaches

The Solicitors Regulation Authority (SRA) has fined a UK firm in excess of £100,000 after it was found to have not taken steps to mitigate sanctions risk in historic conveyancing transactions. Ashfords, which has offices in Bristol, Plymouth, Exeter and London, was subject to an SRA investigation after reporting itself to the regulator in 2019. […]

London bishopsgate

Akin duo leave for Latham after 10 months

Two partners from Akin Gump Strauss Hauer & Feld have left the firm, having joined 10 months ago to build out its private credit credentials. Fergus Wheeler and Paul Yin are moving to Latham & Watkins. Wheeler’s move to Akin from White & Case was announced in January, followed by the news a month later […]

strand London

Simpson Thacher’s London promotions may not be enough

Simpson Thacher promoted more City lawyers to partner this year than either White & Case or Latham & Watkins. Why is this significant? Because there was a time when lawyers sitting at the US firm’s London office might have queried whether partnership was even an option. Of the firm’s nine rounds since 2015, there were […]

Two hires in two weeks: Kirkland adds to tax practice

A tax partner from Macfarlanes is moving over to Kirkland & Ellis, less than two weeks after the US firm made another hire into its team. Ceinwen Rees joins Kirkland after nearly six years at Macfarlanes, where she made partner on return to the firm in 2018. Rees worked as a solicitor at Macfarlanes in […]

Gherkin Kirkland

Paul Weiss hires ninth partner from Kirkland

Kirkland & Ellis has lost another partner to Paul Weiss’s burgeoning London office, this time in intellectual property. Partner John Patten is set to move firms and join his former Kirkland colleagues at Paul Weiss. IP specialist Patten has been at Kirkland since 2018 and was promoted to its partnership in 2021. His practice focuses […]

Documents

Claim Spotter: Care home provider takes on BCLP

BCLP faces claim Bryan Cave Leighton Paisner has been hit with a claim against solicitors and barristers, according to the public filing system. The matter has been lodged by Osman Ertosun and three other members of the Ertosun family. Ertosun is the CEO of Excelcare, which owns and operates 31 senior care homes across the UK […]