Weil Gotshal & Manges and Morrison & Foerster are some of the firms that have been roped in to advise on SoftBank’s $9.5bn rescue of WeWork. Weil is the latest firm to join the WeWork and SoftBank story, advising the Japanese conglomerate that is leading the rescue of the co-working space company, following the collapse […]
Stephenson Harwood has lost a partner to Dentons, marking the third departure at the firm since it saw two exits to US firms. Employment partner Purvis Ghani is joining Dentons after spending four years at Stephenson Harwood. Having entered the UK firm as partner in 2015, Ghani has developed a focus on employment issues in […]
Scottish and Southern Energy (SSE) has launched its first panel review in five years. The “Big Six” energy company completed its first ever formal panel in 2014, with four firms – Addleshaw Goddard, CMS Cameron McKenna Nabarro Olswang, Freshfields Bruckhaus Deringer and Osborne Clarke – winning the main spots. As well as a main panel for work […]
A High Court judge has ruled that Addleshaw Goddard’s client RBS cannot block former executives from testifying in a claim estimated to be worth £100m. The bank has also been ordered to turn over more documents about the role of the UK Government in the dispute. Developer Oliver Morley alleges that RBS’ Global Restructuring Group […]
Weil Gotshal & Manges and Morrison & Foerster are some of the firms that have been roped in to advise on SoftBank’s $9.5bn rescue of WeWork. Weil is the latest firm to join the WeWork and SoftBank story, advising the Japanese conglomerate that is leading the rescue of the co-working space company, following the collapse […]
Stephenson Harwood has lost a partner to Dentons, marking the third departure at the firm since it saw two exits to US firms. Employment partner Purvis Ghani is joining Dentons after spending four years at Stephenson Harwood. Having entered the UK firm as partner in 2015, Ghani has developed a focus on employment issues in […]
Scottish and Southern Energy (SSE) has launched its first panel review in five years. The “Big Six” energy company completed its first ever formal panel in 2014, with four firms – Addleshaw Goddard, CMS Cameron McKenna Nabarro Olswang, Freshfields Bruckhaus Deringer and Osborne Clarke – winning the main spots. As well as a main panel for work […]
A High Court judge has ruled that Addleshaw Goddard’s client RBS cannot block former executives from testifying in a claim estimated to be worth £100m. The bank has also been ordered to turn over more documents about the role of the UK Government in the dispute. Developer Oliver Morley alleges that RBS’ Global Restructuring Group […]
Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]
Which law firms are private equity houses looking to invest in? The answer, if the conversations we’re having with managing partners are anything to go by, is ‘pretty much all of them’. Most regional firms of note have had speculative approaches at some time in the last five years or so, as private equity gradually […]
Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
Keystone Law, the poster child for the platform firm, is likely to break the psychologically important £100m revenue barrier in 2025. The success of this firm has spawned a new market, which is challenging traditional firms on the talent front. More than 3,500 lawyers now work across a variety of fee-sharing outfits, research from Atlas […]
Gibson Dunn & Crutcher, Gowling WLG and Norton Rose Fulbright’s London offices will all be under water in a few decades. This trio shares idyllic views overlooking the Thames, but they will all be submerged in the river by the year 2100 as climate change-induced sea level rises occur. And this is based on the […]
Talent churn is accelerating among the junior ranks with today’s associates more mobile than the generations before them. The concept of long-term professional loyalty is fading as Gen Z rises. These lawyers ask not what they can do for you, but what your firm can do for them. This generational shift in working attitudes is […]
Frustrated Solicitors Qualifying Examination (SQE) candidates are calling on the SRA to increase accessibility to the appeals process after a results error saw 175 candidates mistakenly told they had failed their exams. On Monday last week, the SRA announced that 175 candidates who sat SQE1 in January and were told they had failed on 14 […]
The administrators of collapsed firm Axiom Ince have filed a creditors’ bankruptcy petition against its former boss. Filed at the end of last week, the petition will seek to force Pragnesh Modhwadia’s bankruptcy, The Lawyer understands, applying to the court for his assets to be taken and sold to pay debts to the administrators. Pinsent Masons […]
Partnership promotions are continuing apace, with three City firms announcing a fresh new set of partners for 2024. Addleshaw Goddard has bumped up 26 lawyers this promotions round, which is the largest number of lawyers to make partner in one go in the firm’s history. The international firm’s partner count now stands at 429. Nine […]
Cooley is set to defend social networking and dating app Grindr in a High Court class action launched by Austen Hays, a new collective actions firm owned by Gateley. The claim alleges that Grindr is in breach of UK data protection laws for sharing sensitive data with third parties for commercial purposes without their users’ […]
Norway’s Sands has suffered one of the largest mass defections in its history after six partners left to join Big Five firm Wiersholm in Trondheim. The hires bolster Wiersholm in a range of the firm’s key sectors, including marine law, renewables, technology, real estate and tax. The firm has committed to further growth over the […]
