The impending merger of Bingham and Morgan Lewis continued to keep tongues wagging this week, with the news that Akin Gump was to take Bingham’s London office. The city has been full of chatter about the outcome of the tie-up with speculation rife that Bingham London managing partner James Roome was to take his whole team to Akin.
But unsurprisingly, the week’s second most-read story came from North of the border, with the news that a top Scottish firm had moved its money out of Scottish-registered banks ahead of the independent referendum.
Meanwhile fellow Scottish firm Pinsent Masons was also facing upheaval of a different kind, after three of its former employment lawyers lodged unfair dismissal claims against the firm. However readers were just as keen to hear about what new senior partner Richard Foley was planning on doing with his first 100 days.
Exits were on people’s minds elsewhere, with Hill Dickinson cutting 40 jobs from its counter-fraud team and Berwin Leighton Paisner (BLP) mulling partner exit options. Hill Dickinson’s move to chop the roles and make two redundancies followed a 30-day consultation kicking off on 21 July. The firm cut 26 fee-earners, including 16 solicitors.
BLP is understood to be consulting on three methods of expediting the partner exit process following an internal protest over a June vote on the matter.
Elsewhere it was winners all round as Boodle Hatfield’s Sara Maccallum became the firm’s first female senior partner since 1722 and Linklaters triumphed as the firm to take the most panel spots in 2014.
The firm didn’t get the call on the Phones 4U administration though. Allen & Overy, Clifford Chance and CMS Cameron McKenna picked up that phone, sorry, mandate when the company went into administration on Sunday.