Baylis, who has been head of private equity since last April, is the first senior corporate partner to leave Hammonds since its takeover of Edge Ellison in 2000. Norton Rose has been boosting its European practice over the last year. However, last month it lost its acquisition finance practice to Allen & Overy. Hammonds also suffered the loss of two more partners this week – corporate partner Simon Killick and Midlands construction head David Lloyd Jones. Simon Killick is joining DJ Freeman, while Lloyd Jones has been hired by Midlands firm Gateley Wareing.
Former employees of Enron Corp have been astounded at the fees commanded by law firms handling the collapsed energy trader’s bankruptcy Enron has seen its pre-bankruptcy average monthly spend of around $3m (£2.1m) a month soar to a massive post-bankruptcy amount of $8m (£5.7m), while ex-employees have been offered a relief fund of just $5m […]