Davis Polk cuts associate bonuses

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Ashurst moves staff into energy and transport team

Ashurst has redeployed three corporate and three finance junior associates to its energy, transport and infrastructure (ETI) team as the transactional side of its business has slowed down. In contrast to the core corporate team, the ETI team has been very busy in recent months, requiring significant capacity. One Ashurst corporate partner told The Lawyer: […]

1

Tulkinghorn: A bum note, no Cannes do and too latte for regrets

Tulkinghorn’s lip curtains are twitching. It must be the end of Movember, the month in which his scribes grew moustaches to raise money for prostate cancer. It’s been a long, arduous slog but the results speak for themselves. ­Tulkinghorn doffs his cap in the direction of those who supported his moustache-growing freaks. Bum note Well, […]

DLA Piper partner quits equity

DLA Piper partner quits equity” />DLA Piper private equity partner Andrew Holt is leaving the firm’s equity to become a consultant in its Manchester office. Holt, a former head of private equity at DLA Piper, said he wanted to spend more time with his family, who live in the city, and also pursue a business […]

Fourth partner quits Cadwalader since summer cuts

Cadwalader Wickersham & Taft has suffered its fourth partner defection since it was forced to lay off 96 lawyers during the summer. New York partner Frank Serbaroli has joined Greenberg Traurig’s business practice group and will expand the firm’s healthcare practice in the city. Greenberg head of healthcare Harold Iselin said: “Frank is a valuable […]

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SFO faces £10m legal bill on collapsed pharma investigation

The Serious Fraud Office (SFO) could face a £10m legal bill following the collapse of its £25m, six-year investigation into alleged price fixing by drug manufacturers. The SFO had accused pharmaceutical companies Goldshield, Kent Pharmaceuticals, Generics (UK) and Ranbaxy, of conspiring to defraud the NHS through an alleged pharmaceutical cartel. The SFO’s original indictment only […]

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