DLA Piper kicks off DCM practice with A&O hire

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Allen & Overy puts Japan arm on trial

Allen & Overy (A&O) is conducting a wholesale strategic review of its underperforming Tokyo office. The magic circle firm’s management will meet to discuss the Tokyo arm in an attempt to establish a consensus on its future direction. Options that will be considered include closing the office or scaling it back. Another possible scenario might […]

Firms clamour as BA’s case takes off

The investigation into the alleged price-fixing at British Airways (BA) and a number of other airlines is providing much work for the City’s biggest competition practices. As first reported by The Lawyer (26 February), Slaughter and May is advising BA on the latest investigation, but Allen & Overy, Ashurst, Freshfields Bruckhaus Deringer, Herbert Smith and […]

BT brings in two to boost legal team

BT has recruited two lawyers as part of its drive to ramp up its in-house capability across its legal function following the creation of its Openreach division in January. The main beneficiary of the recruitment campaign is BT’s Wholesale division, which provides network services to UK businesses. Thomas Bucknall, the former European counsel of ViewSonic, […]

Forsters records best year ever with £487K PEP

Property-based Mayfair firm Forsters has confirmed its best year ever with an average profit per equity partner of £487,000, a rise of 29 per cent. The 27-partner firm may have also secured itself a first-time spot in the top 100 firms by revenue with a 25 per cent increase in gross fees to £19.9m. Managing […]

Firm friends

Reed Smith and Richards Butler say they will succeed where other US-UK mergers have failed. But only one man can pull it off Just five years ago, in 2001, Pittsburgh firm Reed Smith had 594 lawyers, who brought in $193m (£104.89m), with an average profit per equity partner (PEP) of $335,000 (£182,000). By January 2007, […]

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