Shearman Abu Dhabi gains City partner

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Many offshore jurisdictions saw notable reforms in 2018. This article considers how recent changes to the regulation of financial services in Bermuda have affected private trust companies. These legislative amendments were made primarily to ensure that Bermuda’s legal framework remains up to date with international standards, which are aimed at maintaining the international financial system’s […]

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Position: 177Firm: BPE Turnover: £8.7m Position: 177Firm: BPE Turnover: £8.7mRevenue per fee-earner: £124KRevenue per lawyer: £290KRevenue per partner: £379KTotal number of fee-earners: 70Total number of qualified partners: 30Total number of partners: 23Total number of female partners: 10Total number of staff: 134

PwC: Lehman lawyers will be paid

The administrators of Lehman Brothers have sought to allay pay fears among the bank’s legal team, promising that staff will be paid at the end of the month. Lehman’s 200-strong legal, compliance and audit team, which employs some 70 lawyers, has been retained by PriceWaterhouseCoopers (PwC) to work on the administration but it was unclear […]

Freshfields becomes first magic circle firm to make redundancies

Freshfields Bruckhaus Deringer has axed as many as four associates in its real estate group, becoming the first magic circle firm to make redundancies. A spokeswoman for the firm confirmed that “more than one, but fewer than five” associates had departed, but would not confirm the exact number. Tim Jones, chairman of the London management […]

5

DLA relocates Europe, Asia snr partner to Dubai

DLA Piper is sending its Europe and Asia senior ­partner to the Gulf to ­marshal the firm’s expansion in the Middle East. Peter Wayte will relocate from London to Dubai in October. With 120 lawyers in the Middle East, DLA Piper has taken on 11 new partners in the region since the start of the […]

DWF London raids Weightmans for six-strong insurance team

DWF has snared a six-partner insurance team for its fledgling London office from regional rival Weightmans, including London office head Mark Whittaker. Whittaker is joined by Innes Ebert, Perry Hill, Seema Jobanputra, Dan Mitchell and Carys Oatham, all of whom specialise in defendant personal injury and property recovery work. The move is a blow for […]

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