Reed Smith secures ABS to “future-proof the business”
Reed Smith has obtained its sought-after ABS licence from the SRA after a year-long bureaucratic process.
Hogan Lovells hires Hong Kong restructuring partner from DLA
Hogan Lovells is to take on Hong Kong restructuring partner Jonathan Leitch from DLA Piper. Leitch relocated to DLA’s Hong Kong office in 2012, having made partner four years earlier. He joined DLA in 1998, spending nearly a year and a half on secondment in the global restructuring group at The Royal Bank of Scotland. […]
Reed Smith’s ABS isn’t just ticking boxes: it will be a cultural gamble
After two years of bureaucratic work and internal regulatory checks, Reed Smith has finally obtained its ABS licence. However, the path presented what EMEA head Tamara Box ruefully describes as “a lot of boxes to tick” before getting to this point.
Latham bags DLA partner in fifth lateral hire of 2019
Latham & Watkins has hired a partner from DLA Piper in a bid to expand its sports and entertainments practice in London. Patrick Mitchell is to join the US firm after nearly 15 years at DLA. He joined the firm as a senior associate in 2005 and was promoted to its partnership in 2017. Prior […]
Hogan Lovells displaces A&O in $300m enforcement case
Reed Smith secures ABS to “future-proof the business”
Reed Smith has obtained its sought-after ABS licence from the SRA after a year-long bureaucratic process.
Hogan Lovells hires Hong Kong restructuring partner from DLA
Hogan Lovells is to take on Hong Kong restructuring partner Jonathan Leitch from DLA Piper. Leitch relocated to DLA’s Hong Kong office in 2012, having made partner four years earlier. He joined DLA in 1998, spending nearly a year and a half on secondment in the global restructuring group at The Royal Bank of Scotland. […]
Reed Smith’s ABS isn’t just ticking boxes: it will be a cultural gamble
After two years of bureaucratic work and internal regulatory checks, Reed Smith has finally obtained its ABS licence. However, the path presented what EMEA head Tamara Box ruefully describes as “a lot of boxes to tick” before getting to this point.
Latham bags DLA partner in fifth lateral hire of 2019
Latham & Watkins has hired a partner from DLA Piper in a bid to expand its sports and entertainments practice in London. Patrick Mitchell is to join the US firm after nearly 15 years at DLA. He joined the firm as a senior associate in 2005 and was promoted to its partnership in 2017. Prior […]
O’Melveny’s City office given mandate to build after tumultuous year
O’Melveny & Myers is laying out plans to rebuild its stripped-down London office following a string of partner defections that saw its lawyer numbers dip in the run-up to the failed merger with Allen & Overy (A&O). London-based partner Jan Birtwell is understood to have been tasked by US management with filling the partner roles […]
The first £200,000 NQ draws near
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 […]
New York alone isn’t worth it anymore
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 […]
Here’s one solution to Linklaters’ departures
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 has rewritten the playbook
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 […]
The Cristiano Ronaldo of law firms is…
In October 2018, the journalist and critic of the Saudi Arabian regime Jamal Khashoggi was murdered and dismembered in the Saudi consulate in Istanbul. The international reaction was swift. Dozens of major organisations, including HSBC, Ford and JP Morgan Chase, dropped out of the planned “Davos in the Desert” Saudi investment summit. “We are going […]
The Passport: De Brauw ushers in third generation of PE lawyers
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition we take a look at the third generation of De Brauw’s private equity group and how domestic and regional firms in Ukraine may look to reshape after the war. De Brauw has entered […]
Litigation boutique in SDT hearing over alleged AML failures
Litigation firm CANDEY appears before the Solicitors Disciplinary Tribunal (SDT) this week, alongside former partner Richard Morris, over allegations of anti-money-laundering (AML) failures. The matter regards a £24m deal for a Northumberland country estate in 2015. No actual fraud or money-laundering has been identified. The SRA alleges that the firm and Morris, who left for […]
Cleary hires from Kirkland as recruitment drive continues
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. […]
The move to greener offices: Clarke Willmott collects commuting info from staff
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, […]
Osborne Clarke partner set for SDT referral over Zahawi letters
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 […]
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