Osborne Clarke has entered the incubator scene by putting together a new startup programme aimed at getting early-stage companies ready for their first major round of financing. The initiative, dubbed Osborne Clarke Ventures, will see the firm’s fee-earners feeding legal advice to technology-focused startups as they grow towards investment opportunities. The project is led by […]
The general counsel of online money transfer business WorldRemit has left the company to fill a similar position at a London-based fintech startup. Sam Ross will be taking on legal duties of early-stage company ComplyAdvantage, which collects information within databases used to help clients spot financial crime indicators and fight money laundering. Ross first joined […]
The stakes are high for ex-A&O partner Michael Castle, the man tasked with helping Deloitte make a big splash in an increasingly crowded market. Deloitte is late to the party, and arriving fashionably late can generate high expectations and interest.
There are five reasons why Mishcon is likely to opt for an IPO, and while it would certainly shift the firm away from its reliance on partner capital and bank debt, none of those reasons is actually about the availability of cash.
Foot Anstey has recorded 9 per cent revenue growth for 2018/19 in its latest set of financial results. The Exeter-founded firm saw turnover rise from £43.4m to £47.2m, with significant growth in the financial services practice in particular. Work related to Islamic finance grew by 75 per cent, and private equity by 85 per cent, […]
Freshfields Bruckhaus Deringer and Allen & Overy have landed advisory roles on the sale of AB InBev’s Australian business to fellow brewing giant Asahi. Freshfields partners Alison Smith and Bruce Embley advised AB InBev on the corporate aspects of the sale of Carlton & United, its Australian business unit, to Japanese brewer Asahi for a […]
Burges Salmon has seen a slight boost in its financials for 2018/19, revealing a 3 per cent rise in average profit per equity partner (PEP) after a two-year consecutive dip. Last year, PEP at the Bristol-headquartered firm grew 3.3 per cent from £430,000 to £443,000, following a 2 per cent fall the previous year. Since […]
Litigation funder Vannin Capital has secured an agreement to fund the Spanish leg of the trucks cartel dispute. The funder announced it has entered an agreement with System Capital – a private family office in Andorra – to fund the claim in Spain, which is spearheaded by Andersen Tax Legal. Systema will provide funding for […]
Bryan Cave Leighton Paisner (BCLP) has kicked off a four-point strategic review following the firm’s first leadership elections since its 2018 transatlantic merger. The review, which will be led by co-chair Lisa Mayhew and newly-appointed co-chair Steven Baumer, will involve the firm’s board and management committee, as well as consultations with office and practice heads. […]