Bank of England’s lawyer headcount jumps 670% in five years
The number of lawyers at the Bank of England (BoE) has increased by approximately 670 per cent, rising from 13 individuals five years ago to between 90 and 100 today, it has emerged.
Akin Gump promotes London trio to partnership
Akin Gump Strauss Hauer & Feld has promoted three London lawyers to partnership out of 12 worldwide, after making up no-one in the City last year. City-based counsel Sophie Jermine was promoted to the firm’s partnership from the start of January and is part of Akin Gump’s cross-border transactions team. She joined Akin Gump after […]
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Mishcon gears up for next decade with hire of Axiom’s UK head
Mishcon de Reya has hired the London general manager of alternative resourcing business Axiom in the newly created role of chief strategy officer. Nick West, a lawyer who previously worked at Lexis Nexis, joined Mishcon yesterday (6 January) as part of the firm’s senior management team. Axiom is best known as a provider of technology-enabled […]
KWM Europe and Middle East MP Boss to step down one year early
King & Wood Mallesons Europe and Middle East managing partner William Boss will step down from the role, resigning one year before his term officially ends in May 2017. Boss will remain in the role until the end of the financial year in April while a replacement is found. He took on the position in May 2015 after being […]
Skadden tops global M&A rankings as Freshfields and CC compete with US leaders
Bank of England’s lawyer headcount jumps 670% in five years
The number of lawyers at the Bank of England (BoE) has increased by approximately 670 per cent, rising from 13 individuals five years ago to between 90 and 100 today, it has emerged.
Akin Gump promotes London trio to partnership
Akin Gump Strauss Hauer & Feld has promoted three London lawyers to partnership out of 12 worldwide, after making up no-one in the City last year. City-based counsel Sophie Jermine was promoted to the firm’s partnership from the start of January and is part of Akin Gump’s cross-border transactions team. She joined Akin Gump after […]
1
Mishcon gears up for next decade with hire of Axiom’s UK head
Mishcon de Reya has hired the London general manager of alternative resourcing business Axiom in the newly created role of chief strategy officer. Nick West, a lawyer who previously worked at Lexis Nexis, joined Mishcon yesterday (6 January) as part of the firm’s senior management team. Axiom is best known as a provider of technology-enabled […]
KWM Europe and Middle East MP Boss to step down one year early
King & Wood Mallesons Europe and Middle East managing partner William Boss will step down from the role, resigning one year before his term officially ends in May 2017. Boss will remain in the role until the end of the financial year in April while a replacement is found. He took on the position in May 2015 after being […]
Simmons’ financial management pays off as profit soars and debt falls
A focus on costs and lock-up management helped Simmons & Simmons to soaring profits and a reduction in borrowing costs for the last financial year, the firm’s LLP accounts have shown. In the introduction to the accounts, filed with Companies House this week, the firm said it had continued to “maintain tight controls on costs, […]
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Dechert recruits Middle East duo from King & Spalding
Dechert has hired its first lateral partner in Dubai for over 18 months, after taking on two real estate lawyers from its US rival King & Spalding. King & Spalding partner Stephen Kelly is joining Dechert. He will be joined by counsel Sarah Mahood who joins as a national partner. Prior to King & Spalding, […]
Freshfields partner swaps private practice for the Bar
Freshfields Bruckhaus Deringer restructuring partner Nick Segal is switching private practice for the Bar, taking on a new role at Erskine Chambers. Segal is set to join the chambers as a barrister in September, after he has been successfully admitted to the Bar. Segal joined Freshfields in 2006 on his return to the UK from […]
DAC posts double-digit growth across the board with record PEP figure
DAC Beachcroft has posted a strong set of results for the 2017/18 financial year, showing double-digit growth in turnover and profit as well as posting a record-high in profit per equity partner (PEP) of £530,000. An 11 per cent increase in turnover from 2016/17 saw the firm rise from £207m to £230m, while a 21 per […]
Ashurst concludes redundancy consultation with 54 roles lost
Ashurst has cut 54 secretarial roles in its London office, after the firm decided to scrap the position of executive assistants (EAs) in favour of a new role called “practice executive”. The firm revealed in May that 80 roles were at risk as part of the shift, with practice executives set to cover a broader line […]
Clifford Chance posts 77% retention for autumn 2018
Clifford Chance has revealed its retention result for autumn 2018, the first of the magic circle to do so. The firm offered newly-qualified jobs to 36 of its final seat trainees, out of 44 who applied for roles. There were 47 trainees in the cohort in total, meaning the firm’s retention rate is 76.5 per […]
Fountain Court completes new-look Tchenguiz legal team
With less than three months to go to trial, Fountain Court Chambers has been brought in to act for Robert Tchenguiz in his feud with Grant Thornton after he swapped incumbent adviser Stephenson Harwood for Debevoise & Plimpton. It is understood that Fountain Court silks Stephen Rubin QC and Charles Béar QC are now being instructed by […]