DLA Piper has continued to bulk up its restructuring practice, this time with a hire from Addleshaw Goddard. The firm has hired James Davison, who will join during the summer from Addleshaws. He has been a partner at the UK firm since 2017, when he was part of the firm’s promotions round. He was the […]
Eversheds Sutherland has taken several further measures to combat the impact of coronavirus, as the firm has decided to make significant reductions in discretionary spend and is deferring a review of remuneration and bonus payments until October 2020. The firm has also introduced an enhanced holiday scheme, which gives an additional day of holiday for […]
Eversheds Sutherland is setting out a long-term comeback strategy that will see the firm direct investments previously devoted to real estate into technology, with new internal groups mapping out the process. The firm has set up an international core group that is laying out practical steps to reopen its offices in the UK and Europe. […]
Shell has overhauled its legal panel following a review, trimming a series of local rosters in favour of a gargantuan centralised structure containing about 65 firms. The energy giant has ditched its single global legal panel and the plethora of local ones that it had used over the past few years. Following the review exercise, […]
DLA Piper has continued to bulk up its restructuring practice, this time with a hire from Addleshaw Goddard. The firm has hired James Davison, who will join during the summer from Addleshaws. He has been a partner at the UK firm since 2017, when he was part of the firm’s promotions round. He was the […]
Eversheds Sutherland has taken several further measures to combat the impact of coronavirus, as the firm has decided to make significant reductions in discretionary spend and is deferring a review of remuneration and bonus payments until October 2020. The firm has also introduced an enhanced holiday scheme, which gives an additional day of holiday for […]
Eversheds Sutherland is setting out a long-term comeback strategy that will see the firm direct investments previously devoted to real estate into technology, with new internal groups mapping out the process. The firm has set up an international core group that is laying out practical steps to reopen its offices in the UK and Europe. […]
Shell has overhauled its legal panel following a review, trimming a series of local rosters in favour of a gargantuan centralised structure containing about 65 firms. The energy giant has ditched its single global legal panel and the plethora of local ones that it had used over the past few years. Following the review exercise, […]
Fieldfisher has moved the office of its Mayfair-based hedge fund firm to its main headquarters in Bank to save on costs in response of the Covid-19 crisis. Specialist firm Cummings Fisher, which focuses exclusively on the hedge fund market and work with businesses in the alternative investment management area, has so far been located at […]
In October 2018, the journalist and critic of the Saudi Arabian regime Jamal Khashoggi was murdered and dismembered in the Saudi consulate in Istanbul. The international reaction was swift. Dozens of major organisations, including HSBC, Ford and JP Morgan Chase, dropped out of the planned “Davos in the Desert” Saudi investment summit. “We are going […]
It’s a 90-minute train journey to London and two hours from Bristol. At £29 per sq ft, grade A office rents are a third of the average £90 per sq ft City firms pay. And it has an abundance of lawyers. Slowly but steadily, Southampton is slipping into the mid-tier consciousness as a city in […]
Talk of associates losing faith in the partnership track is nowhere to be seen at Addleshaw Goddard, which recently unveiled its largest round to date. The partnership count is currently running at 429 – up 75 per cent from the 245 it housed back in 2019. Those promotions show a firm that is bullish about […]
1 May is a big day for many in the legal industry, not just the thousands of people at Allen & Overy and Shearman who have now combined officially. Scores of lawyers become partners today after a wave of promotions, meaning that also – in the great circle of life – plenty of veterans are […]
The significance of the unstoppable growth of US-headquartered firms in London isn’t solely about jaw-dropping scale, although the size of headcount and revenue at some of these big City beasts is truly head-turning. Notably, several US firms have doubled down on their investment in London of late, and not just Paul Weiss. While the New […]
NatWest’s general counsel – and Linklaters’ former managing partner – Gideon Moore has left the bank after two years, making way for a new chief. Moore has been replaced by NatWest’s litigation general counsel Will Luker. He has worked at the bank since 2003, became litigation general counsel in 2010 and subsequently managed and integrated […]
Orrick Herrington & Sutcliffe has drafted in the former M&A head of Shearman & Sterling’s Italian associate firm to rebuild its transactional capacity in the country. Fabio Fauceglia joins the firm from Studio Legale Associato Shearman & Sterling, bringing with him a team of six lawyers, comprising of counsel Leonardo Pinta and five associates. Fauceglia […]
Clifford Chance has hired a structured finance partner from A&O Shearman after the two firms’ merger last week. Daniel Shurman joins Clifford Chance in London from legacy Allen & Overy, becoming a partner in its derivatives and structured products practice. Emma Matebalavu, global head of financial markets, commented: “Daniel’s appointment is a testament to our commitment to […]
Trainees at Freshfields Bruckhaus Deringer and Slaughter and May are among the least likely to use LinkedIn, according to data provided to The Lawyer. Research conducted by TBD Marketing has ranked leading law firms according to how often its trainees use their LinkedIn profiles to write posts ranging from quick career milestones updates to long […]
Freshfields Bruckhaus Deringer has upped its newly qualified (NQ) solicitor salaries to compete with the US market. NQ salaries have increased from £125,000 to £150,000. There have also been changes to trainee compensation. First-year trainees will see an increase of £6,000 as salaries rise from £50,000 to £56,000. Second-year trainee salaries will increase from £55,000 […]
