It will be the end of an era at Allen & Overy (A&O) come May 2016 when senior partner David Morley and global managing partner Wim Dejonghe step down from their current leadership roles, with Morley retiring from the firm after 36 years.
Litigators at the London arms of Debevoise & Plimpton and Reed Smith have been drafted in on a €578m (£418m) professional negligence claim brought by British American Tobacco (BAT) against Big Four accountancy firm PwC.
In its latest global partnership promotion round, Kirkland & Ellis has promoted another eight of its London associates to partner, the same as last year, as 90 lawyers join the firm’s 735-global partnership.
Several corporate partners have resigned from Clyde & Co’s London office after what has been described as a ‘shoulder tapping exercise’ took place as the practice came under management scrutiny for under performance.
The Consumer Rights Act 2015, which comes into force today (1 October), will for the first time establish a procedure for class actions for competition claims, giving consumers and small businesses an easier route to success for claims made over anti-competitive behaviour, including price fixing and market sharing.