Clifford Chance has refocused its global innovation strategy around expanding on its network of innovation and delivery hubs around the world, The Lawyer can reveal. The hubs in Singapore, New York, Dubai and London will focus on key innovation points for the firm and will work alongside resource management, pricing and pitching support teams as well as assisting […]
The next Clifford Chance senior partner elections are set to take place in October 2018. Will the next leader be cut from the same cloth as previous ones – that is, London-based, a banking and finance partner, and a man?
Ashurst has been given the go-ahead to open in Luxembourg after receiving approval from the local bar association. The new office, focusing on finance and funds, will open in October this year, with corporate partner Isabelle Lentz at the helm. Lentz is currently the head of Ashurst’s Luxembourg desk in London, which was set up […]
Deloitte has received its alternative business structure (ABS) licence, becoming the last of the Big Four to set up a legal arm in the UK. The Solicitors Regulation Authority (SRA) confirmed that it has granted Deloitte the right to operate as a multi-disciplinary practice. The licence came into effect on the 15 June. The new move will […]
After successfully advising client Barclays on the UK Government’s banking ring-fencing scheme, Slaughter and May has led for Santander as its becomes the fourth major bank to be accepted. The bank was accepted into the scheme following a High Court hearing on 12 June and has committed to transferring all relevant accounts into the ring-fenced […]
Linklaters and Baker McKenzie have led in the €1.2 billion sale of the world’s largest air cargo handler, Worldwide Flight Services (WFS), to New York based private equity company Cerberus Capital Management. Linklaters corporate partners Ben Rodham and Christopher Boycott acted for Cerberus, which from 2015 has been owned by Platinum Equity. They were supported by finance partners Daniel […]
Latham & Watkins looks set to become to the latest firm to boost its associate pay scale as the battle over young legal talent intensifies. Lawyers at the firm are understood to have met yesterday to discuss the salary proposals which, if the firm elects to increase pay, could see associates paid between $190,000 and $340,000. […]