Battle Lines Drawn at A&O

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Introduction of the SEBI (settlement proceedings) regulations, 2018

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Concern has been growing over the potential conflicts faced by magic circle law firms when they are instructed to act against a major financial institution. Some major banks are now even stipulating that panel firms must give an undertaking not to become involved at any level against them if they are to retain their place […]

RFU signs up Farrers sports star

The Rugby Football Union (RFU) has recruited Karena Vleck from Farrer & Co as the organisation’s new in-house lawyer and company secretary. The RFU role became vacant when former head John Hall moved to the Football Association (FA). Vleck was head of the sports department at Farrers. She has been replaced by the firm’s senior […]

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CC battles to keep hold of key clients after Benedict departs

Clifford Chance New York has fought a rearguard action to keep key clients Alliance Capital and Merrill Lynch in the wake of last week’s defection of litigation rainmaker Jim Benedict. It is understood the firm has won assurances from Merrill Lynch and Alliance that it will retain all current litigation mandates.Both Benedict and junior Clifford […]

A&O banking hawks attack corporate over £10m losses

Corporate told to produce strategy by December after ‘ten years of failure’; banking group seeks M&A cull The banking department at Allen & Overy (A&O) has issued an ultimatum to its corporate colleagues to get their house in order after the London corporate group recorded a net loss of some £10m in the last financial […]

New Blackstone heads to target competition work

Blackstone Chambers’ newly-elected heads Ian Mill QC and Thomas Beazley QC have a tough task building on the success of their predecessors at the top public and commercial law set. During their seven-year tenure, Presiley Baxendale QC and Charles Flint QC grew turnover by 77 per cent, trading on the set’s existing public law expertise […]

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