European firms see deals uptick in December
Despite 2016 coming to an end, deal activity showed no signs of slowing down for European firms in December.
Despite 2016 coming to an end, deal activity showed no signs of slowing down for European firms in December.
Keystone Law and Orrick Herrington & Sutcliffe have hired several practice heads from King & Wood Mallesons’ troubled EUME arm.
The petition to the court follows a year of partner departures and mounting debt pressures. The firm is understood to be filing for administration now ahead of a rent payment later this month and its January tax bill.
Ashurst has voted in favour of a new profit distribution system, which will see the partnership inject an extra £1m in capital to the firm.
Akin Gump has hired Addleshaw Goddard litigation partner Kambiz Larizadeh, who becomes the fourth disputes partner to leave the UK firm this year.
IP specialist Powell Gilbert was the most active law firm in the Patents Court in 2015 and the first three quarters of 2016, according to data compiled by The Lawyer.
The Lawyer’s popular In-House Interview series, in which we profile a major general counsel or legal director each week, continued at full force in 2016.
Bird & Bird client Manchester investment company Property Alliance Group (PAG) has lost its landmark legal battle against the Royal Bank of Scotland (RBS) over interest rate swaps mis-selling and the manipulation of Libor.
Covington & Burling has confirmed it has hired King & Wood Mallesons (KWM) litigation head Craig Pollack, as well as partner Louise Freeman.
Macfarlanes has become the latest firm to recruit from King & Wood Mallesons (KWM) taking on a three-partner competition team, as well as former senior partner Stephen Kon.
Jones Day has made up five partners in London in one of its largest promotion rounds in the City.
RPC has introduced a “mini year-end” in a bid to improve the firm’s overall cash-flow position and reduce the traditional end of year rush to get bills out the door.