Targeting the UK: Slater & Gordon in talks with Quindell over division purchase
Alternative Business Structure (ABS) Quindell has entered negotiations to sell one of its operating divisions to Australian law firm Slater & Gordon.
‘A statement of intent’: Can Layton’s strategy reinvigorate Clifford Chance?
Nearly three decades have passed since the game changing union of Coward Chance and Clifford Turner – a watershed moment in the evolution of global law famously executed by figureheads, Sir Max Williams and Geoffrey Howe. This week the firm’s managing partner Matthew Layton unveiled a strategy which will attempt to revive that audacious vision …
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‘We have something to prove’: Raynor takes the top role at Shakespeares as Wilson departs
Chief client officer Andy Raynor will take the chief executive role at Midlands-based Shakespeares, as current incumbent Paul Wilson departs after almost nine years at the helm.
Dealwatch: Simpson Thacher leads for KKR as thetrainline.com opts for sale over IPO
Private equity powerhouse KKR has purchased travel ticket seller thetrainline.com, with its go-to law firm Simpson Thacher & Bartlett advising on a deal that diverted the company from carrying out its announced IPO on the London Stock Exchange.
Clashing titans: Taylor Wessing acts as MetLife sues A&O client JP Morgan for $107m
Two giants of the US financial services market, insurer Metlife and investment bank JP Morgan, have begun a legal battle in the UK High Court over a $107m sum the insurance firm says it is owed after ‘breaches of contract’.
6,600 lawyers: Dentons set to combine with China’s largest law firm Dacheng
Dentons is set to create the biggest law firm in the world by lawyer headcount through a combination with leading Chinese firm Dacheng, a move that will establish a 6,600-lawyer giant operating under a Swiss verein structure.
Team check-up: Co-op group reorganises legal team and starts panel assessment
The Co-operative Group‘s general counsel Alistair Asher and head of legal Jim Tully are to lead an assessment into the British consumer group’s panel firms as the group’s legal team undergoes a reorganisation.
US revenues 2014: Weil Gotshal & Manges bounces back with 16.5% PEP increase
US firm revenues for 2014 have kicked off with Weil, Gotshal & Manges showing a comeback in its results after profits and turnover plummeted in 2013.
SRA indemnity report: Number of closing firms drops despite rejection of minimum cover cut
The Solicitors Regulation Authority (SRA) has confirmed 12 law firms have been forced to close for failing to secure professional indemnity insurance (PII) while the status of a further 37 has yet to be determined.
Under new leadership: Eversheds appoints senior partner in Paris as Brown departs after 18-year tenure
Eversheds has appointed Rémi Kleiman as the new senior partner in its Paris office, following the departure of long-standing incumbent Michael Brown, who has decided to retire.