DAC Beachcroft has appointed 15 lawyers to its partnership, including seven in Bristol where the firm has almost doubled its intake of partners. During last year’s promotions round, the firm tripled its promotion figure from five to 16 (9 April 2014). The firm’s largest amount of promotions were in claims solutions, where five lawyers were […]
Allen & Overy (A&O) has appointed 22 lawyers to its partnership worldwide, including nine women, in its largest promotions round in three years. The increase in female lawyers, which represents 40.1 per cent of the total promotions, comes after the firm considered introducing a 20 per cent female partnership target by 2020 to better promote […]
Ashurst will receive a grant of £2.4m from Scottish Development International (SDI) for its low cost base in Glasgow, as the development agency steps up its efforts to attract law firms to the city to compete with Belfast’s offering. Ashurst set up its Glasgow base in June 2013 (12 June 2013) and is planning to […]
King & Wood Mallesons’ (KWM) co-head of corporate Richard Lever is joining Goodwin Procter’s London office following the firm’s decision to launch a private equity practice. Lever’s departure to Goodwin Procter comes days after The Lawyer exclusively revealed the firm’s plans to launch a City-based private equity practice alongside its real estate capabilities (13 April 2015). […]
Allen & Overy (A&O), Linklaters and Slaughter and May have picked up the leading roles in Virgin Group and CVC Capital Partners’ sale of 80 per cent of its stake in Virgin Active to South Africa’s Brait for £682m. Slaughters acted for Sir Richard Branson’s Virgin Group and CVC Capital Partners on the transaction. The […]
Pinsent Masons has announced that its outgoing managing partner David Ryan will become London office head when he steps down from the firmwide role at the end of this month. Ryan will take over from Martin Roberts as head of the London office. Construction partner Roberts is stepping down after almost 11 years managing the […]
All the latest partner hires and other appointments within Continental European firms and offices. Central & Eastern Europe White & Case’s Budapest office is joining Dentons next month in a major boost for the expanding firm’s Central & Eastern European operations (15 April 2015). The entirety of the 50-strong office, including local partners, associates and […]
Freshfields Bruckhaus Deringer’s internal consultation into opening a low cost legal services hub in Manchester has ended, with relocations and a local recruitment drive set to begin by summer. Managing partner David Aitman told The Lawyer launching an alternative office that could provide firmwide legal support was one of the “five key objectives” for his term, […]
Allen & Overy (A&O) has advised the Bank of New York (BNY) Mellon on a Financial Conduct Authority (FCA) investigation that yesterday (15 April) saw the bank slapped with a £126m fine for breaching custody rules. A&O head of banking, finance and regulatory litigation Calum Burnett, banking partner Damian Carolan and counsel Philip Annett provided advice […]
Portuguese firm PLMJ is set to open its doors in London this year with a representative office led by Hugo Rosa Ferreira to capture a greater volume of work from the London legal market. Ferreira, who currently heads the firm’s banking and finance practice, will become the firm’s London managing partner. According to the firm, […]
Mishcon de Reya has hired Proskauer Rose London heavyweight Michael Nouril as a corporate partner in a reverse of the current trend for US firms to hire private equity partners. Nouril joined Proskauer from Jones Day in 2011, leaving his position as European head of private equity to join the US firm in a flurry […]
Suspended Gibson Dunn & Crutcher partner Peter Gray will take his fight against the ruling that he deliberately misled the High Court to the Court of Appeal (CoA). Fountain Court Chambers confirmed Mark Simpson QC, Gray’s counsel throughout his cross-examination and conviction, had been instructed to mount the new challenge to Mr Justice Flaux’s ruling. […]