Pearson kicks off second US panel review after finalising litigation roster Legal Business Pearson, the largest education company and book publisher in the world, has launched its US corporate panel review after finalising…
Adviser review: Drinks giant Diageo assesses UK roster Legal Business Global drinks brand Diageo has confirmed it will review its UK legal panel as its current roster was due to…
Quinn Emanuel expands in London again, appointing HSF’s Bremen as City construction chair Legal Business US firm Quinn Emanuel Urquhart & Sullivan has strengthened its construction offering with the appointment of Herbert Smith Freehills’ James…
Sullivan & Cromwell makes another M&A heavyweight head of London practice Legal Business Sullivan & Cromwell has appointed its leading M&A partner Richard Pollack as managing partner of its London office replacing Richard…
The robots keep coming: DLA Piper makes major AI play with Kira software deal Legal Business Intent on driving automation throughout the business, DLA Piper has partnered with Canadian tech firm Kira Systems to launch an…
Douglas to step down as CLLS boss ahead of new era of legal regulation Legal Business Alasdair Douglas will step down as chair of the City of London Law Society (CLLS) later this year as the…
Turf wars continue as SRA reiterates need for separation from Law Society in response to Treasury money laundering regime Legal Business In its latest plea for independence, The Solicitors Regulatory Authority (SRA) is making its case for separation from the Law…
Revolving doors: Osborne Clarke and RPC strengthen City practices as WFW makes major New York hire Legal Business Several LB100 firms have announced a range of lateral hires this week, with Osborne Clarke, Watson Farley & Williams (WFW),…
Financials 2015/16: Revenue growth slows at CMS as group posts 8.4% lift Legal Business CMS has reported revenue and profit growth for 2015, with turnover increasing 8.4% year-on-year to £735.2m, and profits up 6.8%.…
Guest post: US associate pay – welcome to the New Mediocre Legal Business ‘New York To $190!’ was the long-running headline Above The Law printed frequently in more innocent and/or palmier days, with…
Making it official: ISDA appoints Tew Darras to GC role six months after the departure of longstanding Geen Legal Business Three months after it was confirmed the International Swaps and Derivatives Association’s (ISDA) longstanding general counsel (GC) David Geen had…
‘It’s all over now’: Terra Firma drops £2.3bn EMI claim against Citi Legal Business Terra Firma Capital Partners has withdrawn its £2.3bn claim against Citigroup just days after the trial started at London’s High…
Updated: Keeping up with the US – Freshfields and Clifford Chance match Cravath associate pay rates Legal Business In a bid to compete with its US rivals, Freshfields Bruckhaus Deringer and Clifford Chance have followed in the footsteps…
‘A fundamental change’: Bar Council sets out legal impact of Brexit in neutral report Legal Business The Bar Council has published an analysis of the impacts of Brexit in an attempt to provide a neutral analysis…
Barclays panel latest: More firms to pay up as bank extends value account scheme Legal Business Barclays is planning to extend the value account system it introduced in 2014, where law firms are required to pay…
Following suit: Four firms match Cravath associate pay boost Legal Business Predictions of a pay war have proved correct after four US firms followed Cravath, Swaine & Moore into bumping up…
Financials 2015/16: Disputes drive Fieldfisher’s 7% revenue growth Legal Business Fieldfisher, which recently released new a strategy homing on in three sectors, has posted a 7% increase in firmwide revenues…
Olswang silent as inquiry reveals Linklaters billed £1.2m to Arcadia in BHS sale Legal Business After MPs in the BHS inquiry called on the law firms involved to disclose further details of their dealings, Olswang…
Revealed: SFO records £2.1m spend on Forex investigation Legal Business Having closed its investigation earlier this year due to ‘lack of evidence’, it has emerged that the Serious Fraud Office…
Elite indies carve out role as the one-stop shop shuts in Europe Legal Business Much like British voters ahead of this month’s vote on EU membership, City law firms have been shaped in recent…