This week, Hewlett-Packard begins its battle against two of Autonomy’s former directors, while the Ministry of Defence prepares to defend itself in a medical negligence case brought by a serviceman’s family. The first major case starting today is Autonomy & Ors v Lynch and Hussein. Sitting in the Chancery Division, this case will run for […]
Deloitte has called on Brick Court super silk Mark Howard QC and Taylor Wessing disputes partner Julian Randall to defend it in the Financial Reporting Council’s (FRC) ongoing Autonomy investigation. It was previously unclear who would be representing the big four accountancy firm in the FRC’s largest investigation to date, though it emerged that Deloitte […]
Clifford Chance has issued a statement vigorously defending its client, former Autonomy CEO Mike Lynch, who has been charged with fraud in the US. The magic circle firm is working with US firm Steptoe & Johnson in the US to defend Lynch who is reportedly facing face up to 20 years in prison for his role […]
The press pack outside the London Central Employment Tribunal is a sure sign that somebody’s reputation is going to be irretrievably sullied by the afternoon’s media coverage. The waiting press pack outside the London Central Employment Tribunal is a sure indication that, within a matter of a few hours, somebody’s reputation is going to be […]
This week, Hewlett-Packard begins its battle against two of Autonomy’s former directors, while the Ministry of Defence prepares to defend itself in a medical negligence case brought by a serviceman’s family. The first major case starting today is Autonomy & Ors v Lynch and Hussein. Sitting in the Chancery Division, this case will run for […]
Deloitte has called on Brick Court super silk Mark Howard QC and Taylor Wessing disputes partner Julian Randall to defend it in the Financial Reporting Council’s (FRC) ongoing Autonomy investigation. It was previously unclear who would be representing the big four accountancy firm in the FRC’s largest investigation to date, though it emerged that Deloitte […]
Clifford Chance has issued a statement vigorously defending its client, former Autonomy CEO Mike Lynch, who has been charged with fraud in the US. The magic circle firm is working with US firm Steptoe & Johnson in the US to defend Lynch who is reportedly facing face up to 20 years in prison for his role […]
The press pack outside the London Central Employment Tribunal is a sure sign that somebody’s reputation is going to be irretrievably sullied by the afternoon’s media coverage. The waiting press pack outside the London Central Employment Tribunal is a sure indication that, within a matter of a few hours, somebody’s reputation is going to be […]
Kirkland & Ellis’s latest financials have revealed the firm has increased its global revenue by more than $500m, up 19 per cent from last year’s $3.16bn to $3.76bn. Outpacing global growth, London revenue is believed to have hit $380m, rising nearly $100m from 2017’s $300m. Last year, it also hit the dizzying heights of $5m […]
Some US firms in London tend to get all the headlines, and as you know who they are, we won’t bother namechecking them again. But there are others, a tad more under the radar, that have had a barnstorming year in 2023 and whose time in the limelight is now. Such as Willkie Farr & […]
The latest newly-qualified (NQ) salary rise from Freshfields Bruckhaus Deringer still managed to raise interest last week, despite the fact enormous pay hikes are the new normal these days and that even £150,000 isn’t unusual any more (as of last week, Quinn’s £180,000 tops the market alongside Gibson Dunn). But it is still significant because […]
European firms see more value in having a physical office in the Square Mile than they do in the Big Apple. Last week, Spanish firm Uría Menéndez became the latest to shut up shop in New York, having been there for 30 years. Uría was the final member of Slaughter and May’s fabled Best Friends […]
Thanks to Paul Weiss, Skadden and Kirkland & Ellis (but mainly Paul Weiss), Linklaters has a few empty chairs at Silk Street. One way a firm can replenish its ranks is through lateral hiring – enter Travers Smith corporate partner Richard Spedding – or internal promotions. Last month, a total of 14 lawyers were made up […]
Paul Weiss’ UK spending spree is far from over. Just a year ago, this firm was small fry among the US City titans. Cue an audacious carve-out of some of Kirkland & Ellis’ superstars last summer and everything changed. That initial raid (which included debt finance heavyweight Neel Sachdev and corporate star Roger Johnson) was […]
Cleary Gottlieb Steen & Hamilton, which up until 18 months ago had steered clear of the lateral hiring market, has added a new London partner from Kirkland & Ellis. Alexander van der Gaag is joining Cleary from Kirkland’s debt finance team. He worked at Kirkland for nine years, arriving as an associate from Baker McKenzie. […]
Clarke Willmott is assessing the environmental footprint of its offices, with the firm collecting information on its staff’s route to work and an expected relocation in Cardiff. The firm is gathering data from its employees to improve the accuracy of emissions data that the firm holds. A survey has been created with the firm’s consultants, […]
An Osborne Clarke partner is being referred to the Solicitors Disciplinary Tribunal (SDT) following a formal complaint made by Clifford Chance’s former UK tax head. In July 2022, ex-Clifford Chance partner Dan Neidle made headlines for a series of posts on the tax arrangements of leading Conservative politicians, including Nadhim Zahawi. He claimed that Zahawi had […]
Simmons & Simmons represented Barclays Bank in an $150m anti-suit and anti-enforcement injunction against Russian state investment bank, VEB. VEB was founded in 1922 as the first international bank of the USSR, and since 2018 it has been chaired by the country’s former deputy prime minister under Putin, Igor Shuvalov. The bank was represented by […]
Quinn Emanuel Urquhart & Sullivan has increased its salary for newly-qualified solicitors (NQs) to £180,000. The US disputes specialist’s other associate salaries will also rise when the move takes effect from June. A 1 PQE associate is set to be paid £195,000, while a 2 PQE associate will be on £220,000. For 6 PQE associates, […]
