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My career story: I left school at 16 – now I’m a partner
Donna McCarthy left school at 16 and thought she might go into the creative sector. She is now a partner at Devonshires.
HSF wins legal challenge against partners who defected to White & Case
Herbert Smith Freehills has won a legal challenge against eight of its Australian partners who have defected to White & Case, preventing them from becoming partners of the US firm for six months.
Morgan Lewis launches flexible working in UK and US
Associates at Morgan Lewis & Bockius will be able to work from home for up to two days per week from 1 May.
Orrick chair on Hong Kong exodus: “Sometimes we have to pick our fights”
Orrick Herrington & Sutcliffe recently lost the bulk of its Hong Kong and China offices to US rival Morgan Lewis & Bockius. Is this a sign of another US firm withdrawing from China, or a major revamp of Orrick’s Asia strategy?
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My career story: I left school at 16 – now I’m a partner
Donna McCarthy left school at 16 and thought she might go into the creative sector. She is now a partner at Devonshires.
HSF wins legal challenge against partners who defected to White & Case
Herbert Smith Freehills has won a legal challenge against eight of its Australian partners who have defected to White & Case, preventing them from becoming partners of the US firm for six months.
Morgan Lewis launches flexible working in UK and US
Associates at Morgan Lewis & Bockius will be able to work from home for up to two days per week from 1 May.
Ashurst bets on Europe with Luxembourg launch
Ashurst has been given the go-ahead to open in Luxembourg after receiving approval from the local bar association. The new office, focusing on finance and funds, will open in October this year, with corporate partner Isabelle Lentz at the helm. Lentz is currently the head of Ashurst’s Luxembourg desk in London, which was set up […]
Deloitte secures long-awaited ABS licence ahead of UK expansion
Deloitte has received its alternative business structure (ABS) licence, becoming the last of the Big Four to set up a legal arm in the UK. The Solicitors Regulation Authority (SRA) confirmed that it has granted Deloitte the right to operate as a multi-disciplinary practice. The licence came into effect on the 15 June. The new move will […]
Slaughters advises Santander on FCA ring-fencing scheme
After successfully advising client Barclays on the UK Government’s banking ring-fencing scheme, Slaughter and May has led for Santander as its becomes the fourth major bank to be accepted. The bank was accepted into the scheme following a High Court hearing on 12 June and has committed to transferring all relevant accounts into the ring-fenced […]
Linklaters and Bakers lead on €1bn Cerberus deal
Linklaters and Baker McKenzie have led in the €1.2 billion sale of the world’s largest air cargo handler, Worldwide Flight Services (WFS), to New York based private equity company Cerberus Capital Management. Linklaters corporate partners Ben Rodham and Christopher Boycott acted for Cerberus, which from 2015 has been owned by Platinum Equity. They were supported by finance partners Daniel […]
Latham mulls associate pay hike as talent war heats up
Latham & Watkins looks set to become to the latest firm to boost its associate pay scale as the battle over young legal talent intensifies. Lawyers at the firm are understood to have met yesterday to discuss the salary proposals which, if the firm elects to increase pay, could see associates paid between $190,000 and $340,000. […]
Barclays summons firms to ‘panel day’ ahead of final decision
Barclays has invited 22 firms to a panel day in July, ahead of the final announcement of its last ever formal panel review.