Deadline day: in-house’s own transfer window day

We’re starting to wonder if in-house lawyers have their own summer transfer window. As the last minute race for football squads to splurge on new players came to an end on Monday, big-name in-house moves have been all the rage in the legal market (although a £100m lawyer is still some way off).

It all happened last Friday, when we naively thought it was time to step into the sun and enjoy a fizzy pop. Instead, banking giant Barclays finally revealed the name of its new general counsel – step forward former White House lawyer Bob Hoyt. It was a surprise move, with many predicting that the banking giant would instead opt to promote from within.

Outside the City and in cyberspace Twitter general counsel Alexander Macgillivray made the shock decision to quit, passing the torch to legal director Vijaya Gadde. In a personal blog post written on Friday, he said he was looking forward to seeing friends and family and goofing around for a bit, adding “we should all do more of that.”

Hear, hear.

Also on The Lawyer:

  • Leo Dezoysa, legal boss at the company that holds the rights to Agatha Christie’s works, finds it very strange that more law students don’t plump for the in-house life
  • What does the future hold for the legal market? Read what in-house lawyers have to say about the next decade here and watch our video interview with Allen & Overy senior partner David Morley here
  • JP Morgan litigation lawyer, Michael Coyne, has left the bank to become general counsel of Union Bank and its holding company, UnionBanCal Corp
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