Insurance giant Clyde & Co has launched a UK restructure with up to 14 partner roles understood to be under threat. It is understood that the partners affected were informed of the restructure at the start of January. Sources close to the firm said roles in Clydes’ defendant casualty practice, which covers employer, public, road […]
The Post Office Horizon scandal has led to a renewed scrutiny of private prosecutions and growing calls for a reform of the system, first put forward by the Justice Committee, and which the Justice Secretary is apparently considering. However, it would be entirely wrong to extrapolate errors that occurred in the Post Office prosecutions to […]
Freshfields Bruckhaus Deringer’s former global head of tax was sentenced to three and a half years in prison by a Frankfurt court on Tuesday. Ulf Johannemann, who had been a partner in the magic circle firm’s Frankfurt office, was found to have assisted the German arm of the Canadian Maple Bank in fraudulent trading over […]
A longstanding member of Clifford Chance’s private equity group has been named as head of the City team, after Chris Sullivan’s move to Paul Weiss last month. Spencer Baylin has taken on leadership duties from Sullivan, who had been in the role since 2021. Sullivan is set to join Paul Weiss Rifkind Wharton & Garrison […]
Claimants put forward their case today against BT, in what is the first class action to progress to trial since the introduction of the new collective proceedings regime. The £1.3bn class action made The Lawyer’s Top 20 Cases this year. Should the Competition Appeal Tribunal (CAT) find in the claimants’ favour, the trial will define how […]
White & Case is set to lure back UK M&A partner Patrick Sarch, three years after he left the firm for Hogan Lovells. Sarch specialises on advising UK listed companies on takeovers and acquisitions, with his most recent deal announced at the end of last year for Smart Metering Systems on its sale to KKR. […]
Welcome to this week’s edition of The Hearing, your insider’s guide to the UK’s litigation market. This week, what you need to know to help your in-house lawyers sleep at night, and Brown Rudnick continues its litigation expansion in London. First though, waiting for a judgment is a bit like waiting for exam results. By […]
Seven outfits have won places on banking giant HSBC’s first-ever panel for alternative legal services providers (ALSPs). The Lawyer understands that HSBC has named Radiant Law, Cognia Law, Deloitte Legal, LOD/Syke and Ashurst Advance to its roster. Two other firms will focus solely on staff augmentation: they are Flex Legal, which was recently snapped up […]
Tallying up two maternity leaves and an 11-month stint in-house, Clifford Chance project finance senior associate Bryony Theaker spent the best part of the pandemic out of private practice. While lawyers may once have associated progression with office visibility, the dial has shifted. Indeed, Theaker explains that she returned from her secondment at interconnector Greenlink […]
RPC’s insurance head is looking to expand the firm’s capabilities in two key areas ahead of a revamped strategy to kick off the 2024/25 financial year. Simon Laird’s three-year strategy for the insurance group will run until the end of the 2027/28 financial year and seeks to grow in two key areas that the firm […]
Eversheds Sutherland continues to pick up former King & Wood Mallesons partners across Europe with the latest hire coming in Milan. Corporate/M&A partner and former KWM Italy managing partner Davide Proverbio will make the move to Eversheds. He brings with him a senior associate and trainee. Proverbio will co-lead the Italian coporate/M&A practice with Eversheds […]
Macfarlanes has won the top role for commodities intelligence business Argus Media on a stake sale involving its shareholders Hg and General Atlantic. As part of the transaction, Hg is selling its shares in the business to General Atlantic, making the latter a large minority investor. As a result of the transaction, Argus’s chief executive Adrian […]