Simmons axes 27 staff in three-year wages review

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Latest Briefings

FCA opens notifications for temporary permissions regime in case of no-deal Brexit

By François Pfister, Anne-Gaëlle Delabye In order to ensure that investment funds that are currently marketed in the United Kingdom under the European Economic Area (EEA) passporting regime continue to be able to do so in the event of there being no implementation period based on the withdrawal agreement after 29 March (no-deal Brexit), the […]

Changes in the procedure for admission of foreign medical devices and medicines to public procurement in Russia

On 1 January 2019, amendments to the Resolution of the Government of the Russian Federation No. 102 of 05.02.2015 that provides for restrictions and conditions for the admission of certain types of medical devices originating from foreign countries for the purpose of procurement for state and municipal needs (“Resolution No. 102”). And the Resolution of […]

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Property: Spaced out

The credit crunch has had a serious effect on the City law firm property market. When will the strain begin to show? Property is the legal world’s second-largest expense after people. It is hardly surprising, then, that in a climate where nigh on 1,000 members of legal staff have been laid off, firms are looking […]

BLG creates chief operating officer role

Barlow Lyde & Gilbert (BLG) has appointed a non-fee-earner as its first chief operating officer. David Jabbari was previously global head of knowledge management at Allen & Overy and will become an equity partner at BLG. He will work alongside BLG CEO Clint Evans, a former accountant, on the management of the firm. Evans said: […]

Citi hires litigators for Wachovia battle

A dispute between Citigroup and Wells Fargo over the ­purchase of US bank Wachovia began last week when Citi instructed Greg Joseph, name partner at Gregory P Joseph Law Offices and former ­litigation chair at Fried Frank Harris Shriver & Jacobson to block Wells Fargo’s $15bn (£8.64bn) bid for Wachovia made on 3 October, just […]

Litigation

The litigation increase expected to come out of the global economic climate may take some time to take hold, but litigators are already in their busiest period for almost a decade. Looking back to the recession of the 1990s, litigators said it took around two years before economy-related cases hit the courts. They expect that […]

Skadden breaks exclusive tie-up with Chiomenti

Skadden90.jpg” alt=”Skadden breaks exclusive tie-up with Chiomenti” />Skadden Arps Slate Meagher & Flom and Italian firm Chiomenti Studio Legale have terminated their exclusive relationship. A statement from Skadden said that the firms “have decided to modify their alliance” but will continue to work together “on a non-exclusive basis”. The statement added: “The change to the […]

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