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Weil Gotshal restructuring partner joins Dechert

The head of Weil Gotshal & Manges’ City restructuring practice is leaving the firm for Dechert. London partner Adam Plainer is departing after a decade. Plainer joined Weil from Jones Day in 2010. At the time, he had been given the remit of building up the practice when it comes to work across distressed M&A and […]

British Business Bank scoops longtime Government lawyer as new GC

The British Business Bank has found its next general counsel from the Medicines & Healthcare products Regulatory Agency (MHRA). The Government-owned bank will see former MHRA head of legal Elizabeth O’Neill become general counsel and company secretary from 15 February. Her career so far has spanned a number of roles at the intersection of public […]

dollars

King & Spalding’s City figures lag behind global growth

King & Spalding has posted double-digit growth in its global revenue, but UK revenue was down by almost 3 per cent in 2020. The firm’s global revenue increased by 14.3 per cent, from $1.3bn to 1.5bn. However, its London revenue dipped 2.7 per cent, from $55.7m to $54.3m. Profit was up by 25 per cent, […]

Scalpel

MoFo concludes London redundancy consultation

Morrison & Foerster has completed a redundancy process in its London office, after cutting its US business services workforce by 4 per cent in the last few weeks. The firm has cut four roles in its City outpost, mostly pertaining to support staff. A total of 34 roles were lost in the US. A spokesperson […]