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Dentons chief: the old law firm model is simply colonial
International law firms still operate on an antiquated, colonial model that ignores the globalisation of the economy, says Dentons chair Joe Andrew.
Three partners to exit Greenberg’s London office
Two partners from Greenberg Traurig’s real estate group are leaving the firm for a rival US player, The Lawyer can reveal, while another member of its corporate team is also exiting for a new role. Real estate-focused private equity partner Tim Webb and colleague Emma Maher are to join K&L Gates, while corporate finance partner […]
Greenberg reels in new partner from Stephenson Harwood
Stephenson Harwood is to lose another partner to a US outfit in the City, over a month after it was revealed that corporate finance partner Warren Allan is leaving for Proskauer Rose. Aircraft and rail finance partner Graeme McLellan is to join Greenberg Traurig. McLellan has been a partner in Stephenson Harwood’s asset finance team since […]
Greenberg Traurig chief: we love BLP, but we’re not changing our pay system
As merger talks between Greenberg Traurig (GT) and Berwin Leighton Paisner (BLP) continue at pace, GT executive chairman Richard Rosenbaum has outlined the key obstacles to any merger with BLP: any change to its ‘black box’ closed remuneration arrangements and any verein-style compromise over financial integration. GT’s ‘black box’ compensation framework remunerates partners on a […]
Colonial? A unified global firm that respects its partners is far from that
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Dentons chief: the old law firm model is simply colonial
International law firms still operate on an antiquated, colonial model that ignores the globalisation of the economy, says Dentons chair Joe Andrew.
Three partners to exit Greenberg’s London office
Two partners from Greenberg Traurig’s real estate group are leaving the firm for a rival US player, The Lawyer can reveal, while another member of its corporate team is also exiting for a new role. Real estate-focused private equity partner Tim Webb and colleague Emma Maher are to join K&L Gates, while corporate finance partner […]
Greenberg reels in new partner from Stephenson Harwood
Stephenson Harwood is to lose another partner to a US outfit in the City, over a month after it was revealed that corporate finance partner Warren Allan is leaving for Proskauer Rose. Aircraft and rail finance partner Graeme McLellan is to join Greenberg Traurig. McLellan has been a partner in Stephenson Harwood’s asset finance team since […]
Greenberg Traurig chief: we love BLP, but we’re not changing our pay system
As merger talks between Greenberg Traurig (GT) and Berwin Leighton Paisner (BLP) continue at pace, GT executive chairman Richard Rosenbaum has outlined the key obstacles to any merger with BLP: any change to its ‘black box’ closed remuneration arrangements and any verein-style compromise over financial integration. GT’s ‘black box’ compensation framework remunerates partners on a […]
Clifford Chance ups the litigation stakes with new revenue pledge
Clifford Chance has set out plans to increase the amount of revenue its disputes group generates, in a move that would ensure litigation accounts for a quarter of firmwide turnover. As it stands, 20 per cent of Clifford Chance’s revenue is estimated to be made up of litigation, according to The Lawyer’s Global Litigation 50 […]
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Covington replenishes competition ranks with BCLP hire
Covington & Burling has made its first London lateral hire in two years, bringing in a new partner from Bryan Cave Leighton Paisner to boost its competition capabilities in the City. James Marshall joins the Washington DC-based firm after more than 10 years at BCLP, having spent nine of those years at Berwin Leighton Paisner […]
Ashurst hires from Deloitte for consulting venture
Ashurst has launched a consulting business in its Australian offices, hiring a chief strategy officer from Deloitte to run one of the groups. Philip Hardy – who was chief strategy officer of Deloitte’s audit and assurance division – will run Ashurst’s risk advisory service, which will focus on how to manage risk and compliance issues […]
Coronavirus: Taylor Wessing ends student contracts in Germany
Taylor Wessing has ended part-time working contracts with an extensive pool of university students, as the firm looks to deal with the effects of the coronavirus crisis. It is understood that the firm is parting ways with group of up to 95 university students, who have worked part-time with the firm as part of their […]
Humphries Kerstetter cuts charge-out rates for clients
In anticipation of the economic impact that coronavirus will have on clients, Humphries Kerstetter is making the bold move to cut its charge-out rates across the board. Partner rates, which previously ranged between £390 to £450 an hour, will be set at a standard £350 as of April 1 2020. While reductions will apply to […]
Ex-Superdry GC lands new role at betting giant William Hill
The former general counsel of retailer Superdry had landed a new role at betting company William Hill. Simon Callander, who had been at Superdry for just over two years and departed the company in early 2020, started at William Hill on the 16 March. Upon his departure from Superdry, Ruth Daniels joined the retailer as […]
Ashurst and Freshfields swoop in on collapse of Carluccio’s and Brighthouse
Ashurst and Freshfields Bruckhaus Deringer were on call as two high street businesses plunged into administration in one day. Ashurst is acting on the administration of Carluccio’s, which has become the first major casual dining casualty since the coronavirus lockdown. Led by restructuring partner Drew Sainsbury and corporate partner Bruce Hanton, the firm is advising […]