Clyde & Co has boosted its Middle East presence with the hire of Islamic insurance (takaful) partner Peter Hodgins. It follows the addition of Abu Dhabi real estate lawyer Scott Aitken to the firm’s partnership. Hodgins joins from DLA Piper, where he helped establish its affiliate offices in Dubai and Riyadh. Aitken will head a […]
A&O has finished consulting on its redundancy packages, with everyone expected to work at the firm until the end of May to receive the full payout. Allen & Overy (A&O) has finished consulting on the packages it will be paying to associates who are made redundant, with everyone expected to work at the firm until […]
The Financial Services Authority (FSA) has bolstered its criminal prosecution team by hiring David Kirk as its chief criminal counsel. Kirk was previously director of the Fraud Prosecution Unit, a specialist branch of the Crown Prosecution Service. FSA director of enforcement Margaret Cole said: “The FSA has made a firm commitment to bringing criminal prosecutions […]
Macfarlanes has recruited a partner from Dresdner Kleinwort bank in an unusual move for the firm, which rarely makes lateral hires. Macfarlanes turns to Dresdner for rare lateral hire” />Macfarlanes has recruited regulatory partner David Berman from Dresdner Kleinwort bank in an unusual move for the firm, which rarely makes lateral hires. Berman will join […]
Davis Polk & Wardwell and Shearman & Sterling are advising on Ford Motor Company’s debt restructuring.
Davis Polk partners Donald Bernstein, Michael Kaplan and Larry Wieman are advising Ford. Ford Credit will offer $1.3bn (£920m) for unsecured Ford bonds and $500m (£352.95m) for secured loan debt. Shearman partners Lisa Jacobs, Michael Benjamin and Peter Blessing are advising the banks.
Competition boutique Geradin Partners opens its doors in Paris today as the firm seeks to become a serious player in the French capital’s vibrant competition and litigation scenes. Opening on the same block as Freshfields in the heart of Paris’ 8e Arrondissement, Geradin has brought in competition litigator Marc Barennes from Bureau Brandeis with his […]
Car lease schemes for partners are rapidly dwindling in the wake of the electric vehicle (EV) salary sacrifice revolution, but Hill Dickinson is not one of them. Once a more common method for partners to enjoy part of their profit share, traditional car lease schemes have lost their lustre. The tax incentives that once made […]
The residents of the Barbican Centre’s Cromwell Tower organised a demonstration outside magic circle firm Linklaters on Tuesday to protest against its diesel generator, which was installed in late March.
BT has further shrunk its panel for the third review in a row having appointed a total of 11 firms to its roster. The panel will run for three years and includes 10 firms that have been reappointed from 2020. Those continuing their relationship with BT after the latest review are the likes of Allen […]
Dentons has promoted 12 lawyers to partner in the UK, Ireland and Middle East (UKIME) this year, including nine partners in London. Of the remaining three promotions, two were made in Glasgow and one was made in Abu Dhabi. Most of the promotions have been made in the projects team, with Claudia Thomas and Graham […]
This report contains: five-year headcount growth analysis at the French firms in the European 100 an analysis of firms’ partnerships examining how long it takes to make partner at France’s elite firms
Read this report to gain insights into: The evolving role of in-house teams amidst market transformations Current attitudes and increased adoption of artificial intelligence tools Organizations’ continued emphasis on flexible working culture Projections for spend on external legal counsel over the next five years Enhanced feedback on quality of service from private practice law firms […]
This report contains: an overview of the history of UK and US firm in Russia an analysis of the opportunities, challenges and litigation brought on by sanctions regimes a summary of the firms acting in Russian litigation in London
This report contains: an analysis of 15 UK firms’ cash flow management and lock-up trends over the past five years lock-up correlated with profitability to demonstrate the impact of strong financial management for firms’ bottom line details on the adoption of technology by firms to make their financial management more efficient
This report contains: an overview of the international strategies of the Iberian firms in The Lawyer‘s European 100 an analysis of the expansion strategies of Spanish and Portuguese-heritage firms in key jurisdictions outside of Iberia
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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 […]
Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]
On Tuesday last week (9 April), the SRA sought to quell a rising tide of discontent around the Solicitors Qualifying Examination (SQE). In its most recent SQE annual report, SRA chief executive Paul Philip said the public and profession could have “confidence” in this “rigorous assessment”. That confidence was short-lived. Yesterday (15 April), Philip was […]
For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]
Freshfields Bruckhaus Deringer has made up 23 lawyers to partner globally in its smallest round for three years. Last year, the magic circle promoted 30 to partnership worldwide, with 27 making the grade in 2022. There were 22 elevations in 2021. As a result, the London set is also slightly smaller than in previous years. […]
The Lawyer‘s Christian Smith, Catrin Griffiths, Richard Simmons, Katy Dowell and Charlotte Lear are joined by College of Legal Practice CEO Giles Proctor for this emergency episode of The Lawyer Podcast as they discuss the latest Solicitors Qualification Exam debacle: marking errors that led to 175 students being incorrectly told they had failed. What went […]
Fieldfisher is bolstering its German presence with a sizeable team from local firm SKW Schwartz and a handful of other hires, in an effort to expand its media, technology and IP offerings. The firm has hired eight lawyers from SKW Schwarz including partners Martin Diesbach, Elisabeth Noltenius and Julia Schafdecker, all of whom specialise in […]
Debevoise & Plimpton is hiring from Goodwin Procter as it adds a new partner to its London investment funds team. Shawn D’Aguiar is switching to a new US firm in London eight years after joining Goodwin from King & Wood Mallesons (KWM). He was part of a four-partner team move led by then funds head Michael […]
Barclays lost 44 lawyers in its legal team over 2023, almost four times the average number of leavers across the UK’s top banks. The banks with the second highest number of leavers is tied between HSBC and NatWest, with 12 lawyer exits each, according to indicative data. On the other end of the scale, Royal […]
