Norton Rose’s political investment pays off with Treasury Islamic bond” />Advising HM Treasury on its first-ever Islamic bond issue is a choice mandate. For Norton Rose, besting Allen & Overy (A&O) and Denton Wilde Sapte makes the win even sweeter. Norton Rose’s Islamic finance practice was almost a shoo-in for the role after the firm […]
Irwin Mitchell personal injury (PI) head John Pickering has been elected unopposed to the post of managing partner. Pickering will replace the incumbent Howard Culley, who is expected to relinquish his role at the end of April 2009. Irwin Mitchell senior partner Michael Napier said continuity of strong management and leadership were crucial for the […]
The London office of Cohen Milstein Hausfeld & Toll is in talks to join with breakaway firm Hausfeld in the UK. Hausfeld was spun off from the US class action firm earlier this month, led by former antitrust and international practice group head Michael Hausfeld. He has already poached around 30 partners from Cohen Milstein […]
Slaughter and May and Linklaters have sewn up the lead roles in Standard Chartered’s £1.78bn rights issue to existing shareholders. A Slaughters team led by corporate partner Nilufer von Bismarck advised Standard Chartered. Von Bismarck commented: “They are one of the few banks that can still do rights issues, Santander is another example, and interestingly […]
There’s nothing like an economic slump to bring employment lawyers back into vogue. The CBI expects the UK to suffer its sharpest economic contraction in almost 20 years in 2009, and unemployment could hit three million before 2010. There is nothing like an economic slump to bring employment lawyers back into vogue. The Confederation of […]
Davis Polk & Wardwell has scored another credit crunch-related mandate, advising US bank Citigroup on its $20bn (£13.4bn) government bailout. Davis Polk partners Gar Bason, Randall Guynn, Louis Goldberg and Avishai Shachar are leading the team acting for the bank. Cleary Gottlieb Steen & Hamilton is advising the US Treasury on the deal. The move […]
Exclusive research by The Lawyer highlights the US-UK litigation gulf as only four UK law firms reach the top 50 turnover league. The international firms best positioned to capitalise on the expected upsurge in cross-border litigation and arbitration can be revealed today in exclusive research by The Lawyer. For the first time the world’s largest […]
Skadden” class=”inline_image inline_image_left” src=”/pictures/web/images/15003_davidallen-MayerBrown90.jpg” />The litigation table published by The Lawyer shows which firms generated the most revenue from disputes last year. But reorder the table to rank firms by revenue per lawyer (RPL) and a different picture emerges. For example, Herbert Smith rises from 35th in the revenue table to seventeenth when ranked by […]
The arrival of a couple of UK Law Lords at two US firms, when set against the cataclysmic events of the past couple of months, may seem small beer. But in the context of the transatlantic legal market, the hire by Debevoise & Plimpton and Gibson Dunn & Crutcher of Lords Goldsmith and Falconer respectively […]
Come 1 January, Paul Weiss Rifkind Wharton & Garrison litigator Brad Karp will take on a major challenge. Come ;1 ;January, Paul Weiss Rifkind Wharton & Garrison litigator Brad Karp will take on a major challenge. ; As chairman-elect of the firm, Karp, who will succeed tax partner Alfred Youngwood, the chair since 1999, will inherit one […]
Way back at the beginning of August, the head of litigation at one of New York’s most prestigious law firms admitted that litigation levels during the calendar year 2008 were “not hugely up so far”. Then September happened. Way back at the beginning of August, the head of litigation at one of New York’s most […]
Bevan Brittan is set to launch a groundbreaking partnership with Kent County Council’s (KCC) legal team to target work from the healthcare sector. The firm is teaming up with the council’s lawyers to offer the full range of legal services to NHS trusts. Under the scheme KCC Legal will handle volume work such as property, […]