Whatever happened to the BAE-EADS deal, the lawyers were going to be okay The mooted merger of UK defence group BAE Systems and EADS, the Continental aerospace company, crash-landed last week after the companies failed to convince politicians the deal was in the interests of France, Germany, the UK and the US. But it was […]
Clifford Chance, Linklaters and Mills & Reeve have advised on a bond issue by the University of Cambridge, the second in a recent spate of attempts by UK higher-educational institutions to tap the capital markets. The 800-year-old university has opened up the 40-year, £350m bond to investors after Moody’s last week granted the corporation an […]
Morrison & Foerster has boosted its Tokyo practice with a number of finance hires from the Toyko office of US firm Skadden Arps Slate Meagher & Flom. Move of the Week The firm has hired Japanese real estate finance partner Masahiro Shiga, who led the Japan real estate practice while at Skadden’s Tokyo office, in […]
Collyer Bristow employment partner Tania Goodman questions the political motivation behind the Conservative’s ‘rights for shares’ proposals Staff recruited from 6 April 2012 do not have the right to bring an unfair dismissal claim until they have been employed for two continuous years, which allows the employer a long time to assess their suitability and […]
In a bid to expand its intellectual property practice, Addleshaw Goddard is adding five lawyers to its ranks from a specialist City firm. Stobbs’ head of litigation Geoff Steward is joining Addleshaws, along with four lawyers. Steward has worked at Stobbs for nearly six years, and played a key role in developing the firm’s IP […]
Having introduced a firmwide bonus for the first time two years ago, Shoosmiths is now contemplating whether to develop an individual reward scheme for its lawyers. The firmwide bonus, set up in August 2022, recognises all firm employees (excluding partners). It set out to pay staff between 5 to 7 per cent of their basic salary […]
NatWest’s former chief executive officer is stepping into a new role at Mishcon de Reya, well over a year after leaving her post at the bank. Alison Rose joins Mishcon as an adviser following a 23-year long career at NatWest, where she started as managing director for leveraged finance before rising through the ranks in […]
33 Chancery Lane is undergoing a mass operational overhaul and rebrand, hiring its first chief executive, three new barristers and moving premises. The 19-barrister set, led by Kennedy Talbot KC, has hired Outer Temple’s practice director Sam Carter as chief executive and director of clerking to help guide the chambers through its new chapter. Carter […]
Eversheds Sutherland has anointed its next co-CEOs for the international and US sides of the business, as Lee Ranson and Mark Wasserman prepare to step down. Eversheds Sutherland partners have decided that managing partner Keith Froud will take the reins from Ranson, while Austin-based global energy co-head Lino Mendiola will replace Wasserman in the US. […]
This report contains: an overview of the UK corporate market in 2023 and the positive shift in mood among lawyers at top corporate practices ranking of the top 50 City firms based on UK corporate revenue, highlighting those achieving significant growth insight into firms’ strategic plans for its UK corporate group over the next five years
This report contains: A history of the dominance of the magic circle sets an analysis of the two challengers to the magic circle a breakdown of the sets’ activity at the commercial court over the years
This report includes: an analysis of 18 European 100 firms that have seen new managing partners since the start of 2023 a consultant’s top tips for an MP-t0-be an overview of the trends in the European 100 leadership selection
This dashboard: contains an overview of the claims at a selection of courts in the UK. allows you to compare activity at the courts in Q2 2024 against Q2 2023.
This dashboard: contains an overview of the judgments at a selection of courts in the UK, Hong Kong, Singapore and Dubai during Q2of 2024. allows you to compare activity at the courts in Q2 2024 against Q1 2023.
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The Higher Education sector is in big trouble. As we reported last month, universities are struggling to fill places on their undergraduate courses – not least for law degrees. Many are in financial distress. Tuition fees for home students have been capped at £9,250 since 2017 and are falling well behind what is profitable, but […]
Associate retention is one of the biggest bugbears for law firm leaders, as competitive salaries and the promise of greater opportunities lure rising stars away. Added to this, a firm’s biggest cost is its people, but that didn’t stop Freshfields last year pledging to up its trainee intake from 90 to 100 from 2025. Should […]
Of the UK Top 50 firms, just 16 have no overseas offices, and of the remaining 34, more than half (19) were bigger outside the UK last year. Internationalisation is a hallmark of a Top 50 firm, but for many it is the UK that keeps the investment pipelines pumped. For firms with international offices, […]
The upcoming UK200 has welcomed its sixth employee ownership trust (EOT) member. Altrincham’s Myerson Solicitors joins Yorkshire’s Ison Harrison and the West Midlands’ Talbots Law in embracing employee ownership, having converted from a limited liability partnership (LLP) to a 100 per cent employee-owned company last week. The EOT model allows all employees to take a […]
Over the last decade, the UK’s Top 50 firms have trialled a variety of tactics to satisfy an incessant demand for revenue growth. Consolidation has been a feature of the decade, with ‘critical mass’ becoming a key term used by managing partners as they push forward their growth agendas. Internationalisation too is a hallmark of […]
Kennedys has appointed its first chief knowledge officer, who has moved across to the UK insurance firm from US powerhouse Paul Hastings. Having previously developed Paul Hastings knowledge management strategy at a global level, Catherine Goodman will now be in charge of heading Kennedys knowledge strategy. Goodman was director of innovation and knowledge management at […]
A solicitor has been fined by the Solicitors Disciplinary Tribunal (SDT) after appearing on an antisemitic TV show that “took the form of a wide-ranging attack” upon Mishcon de Reya. Mohammed Akunjee, who has over 30,000 followers on X, has been fined £6,500 and ordered to pay £30,000 in costs after appearing in a TV […]
The long-awaited showdown between the Premier League and Manchester City has kicked off at an arbitration centre in London. Lord Pannick KC of Blackstone Chambers was the first barrister to appear, representing Manchester City, accompanied by Blackstone Chambers senior clerk Gary Oliver. Serle Court’s Philip Marshall KC and James Mather, also acting for City, arrived […]
A managing director and deputy general counsel at HSBC has left the bank after over 10 years to join Citigroup UK. The new Citi recruit is Philip Jockelson, who was head of corporate and structuring legal for almost five years at HSBC. Prior to that he was interim company secretary for 10 months, and associate […]
Latham & Watkins has lost another member of its Continental European transactional team, with a leveraged finance partner joining A&O Shearman in Paris. Michel Houdayer has made the move to A&O Shearman today (16 September). He was a Latham lifer, having joined the firm in 2002 and spent almost a decade in the partnership having […]