MBRM’s equity partners become hot potatoes

Despite the most enduring M&A boom for years, it seems that sacking equity partners is all the rage.

The City was just getting over The Lawyer’s February revelation that Freshfields Bruckhaus Deringer would be getting rid of 100 partners, when The Lawyer hit the stands today with news of a Mayer Brown Rowe & Maw (MBRM) plan to chop 45 equity partners. See story.

Sign in or register to continue reading.

Gain access to the latest news from The Lawyer.com, our jobs board, career insight and much more.

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here 

Latest Briefings

The Commercial Agents Regulations: a step behind the times?

By Alex Williamson The Commercial Agents (Council Directive) Regulations 1993 (the Regulations) are 25 years old this year. An evaluation by the European Commission concluded in 2015 that the underlying Commercial Agents Directive (the Directive) still met its objectives and functioned well. However, a recent Court of Appeal decision has shown that the legislation is struggling to […]

Exclusion clauses under the spotlight: UCTA reasonableness

By Perran Jervis In decisions handed down one day apart, the Court of Appeal concluded that a far-reaching exclusion clause which limited liability for negligence was reasonable under the Unfair Contract Terms Act 1977 (UCTA), whereas an exclusion clause in a lease (in the form of a non-reliance clause) was not. The decisions emphasise that […]

Currency, cost calculations and contractual clarity

Walker Morris’ Head of Commercial Dispute Resolution, Gwendoline Davies, highlights the importance of dealing comprehensively and clearly with matters of currency and calculation in cross-border contracts…

Belgian draft Trade Secrets Act: opportunities for the life sciences sector

On 8 June 2016, the EU Trade Secrets Directive was adopted. The main purpose of the Directive was to harmonise and enhance the protection of trade secrets EU-wide and to thus create an innovation-friendly environment for businesses. The EU Member States had to implement this Directive by 9 June 2018. Belgium missed the deadline, but […]

Recommended

SIF finds replacement chairman

The Solicitors Indemnity Fund (SIF) has recruited former Davies Arnold Cooper managing partner David McIntosh as chair. McIntosh has been appointed to replace Paul Marsh, who recently retired from the SIF board. His appointment comes as the SIF prepares to start returning £25.1m in contributions to the profession. The payment, which must be madebefore 30 […]

Dewey’s Italian plans hit by team exit

Dewey Ballantine’s planned alliance and possible merger with Italian boutique Galgano has hit its first hurdle, with Galgano’s Milanese head of tax deciding to leave ahead of any tie-up. Paolo Troiano will set up his own firm with two other Galgano partners, Alfredo Malgeri and Massimiliano Mancusi in about ten months’ time. Other Galgano fee-earners […]

Ashurst and finers reunite on tragus job

Ashurst and Finers Stephens Innocent have reunited to advise Tragus, the owner of the Café Rouge and Bella Italia chains. The firms acted for Tragus on its £14.14m acquisition of Ma Potter’s restaurants. Kirkpatrick & Lockhart Nicholson Graham, led by partner Nick Brown, advised the sellers on the sale of the 16 bar and restaurant […]

Partnership – how to achieve it

How to achieve partnership is an issue facing many associates. But the bigger question is: can you improve your chances simply by changing the way that you communicate? Talk and act like a partnerBeing an associate is to be part of that mutually overworked and underappreciated gang. However, to be thought of as a partner […]

Insurance

Insurance has generated its fair share of sparks in recent weeks. The whole market is talking about financial performance in the wake of American International Group posting fourth-quarter earnings nearly eight times higher than a year ago, with property and casualty insurance the star performers. In the legal sector we saw a flurry of lateral […]

In-House & Private Practice Legal Jobs

Stay up-to-date with the latest opportunities on The Lawyer Careers. Each month, more than 8,000 legal roles are added to our site - we'll bring you the best opportunities out there.

Get Started

Register now to The Lawyer to access our latest news stories, read selected briefings from key firms and gain essential careers insight to help you make the most of your current and future roles.

Contact Us: if you have any questions regarding your subscription, call us on +44 (0)20 7292 3716 or email us at customerservices@thelawyer.com

Register now

Having problems?

Contact us on +44 (0)20 7292 3716 | email: customerservices@thelawyer.com

If you are looking for our Jobs site, please click here