Eversheds merges with Heisse Kursawe after ‘a very long courtship’ as it plans greater German investment Legal Business After a full year of advanced negotiations, Eversheds has merged with its German partner Heisse Kursawe Eversheds, allowing the duo…
Mounting departures: Barclays’ Michael Shaw resigns as deputy general counsel Legal Business After six years as deputy group general counsel (GC), Michael Shaw has become the latest senior exit from Barclays‘ legal…
Former Freehills chairman Crean exits HSF for Jones Day after missing out on senior partner role Legal Business Deputy senior partner Mark Crean (pictured), who served as chairman of Freehills until its 2012 merger with Herbert Smith, has…
WTO failing to cope with trade disputes burden as staff exits mount Legal Business In its latest annual report, the World Trade Organization (WTO) has reported that its disputes unit has ‘faced difficulties in…
After seven months in the job Deutsche Bank reassigns legal affairs chief Legal Business Having received fines from investigations relating to Libor manipulation and the unexpected resignation of its joint chief executives this week,…
White & Case’s NQs get 20% salary bump to £90,000 – firm extends pay gap over Magic Circle Legal Business White & Case has announced it is making significant increases in salaries across its associate pay scale with newly-qualified (NQ)…
Clydes expands Manchester base with new office and partner duo as revenues reach £26m in 2014/15 Legal Business As Clyde & Co’s Manchester office revenues look to hit £26m for 2014/15, the firm is expanding the presence it…
Ropes’ European push sees three practice heads named in the City while Goetz steps down from finance role Legal Business Having re-shuffled its City management almost a year ago, Ropes & Gray has added three more practice heads in London…
Watson Farley hires Fried Frank London duo to launch structured finance practice Legal Business In a ‘strategic play’ to build its debt capital markets offering, Watson Farley & Williams (WFW) has hired a pair…
Financials 2014/15: DAC Beachcroft sees total billings reach £200m as profits rise 10% Legal Business As the firm ramps up for a defining election, DAC Beachcroft has announced its financial figures for 2014/15 saying it…
Bar avoids advocacy fee cut as MoJ pushes on with further legal aid reductions against Law Society warning Legal Business The Bar is set to avoid further reductions in advocacy fees as the Ministry of Justice confirmed that it would…
Forward planning: Dentons management Portnoy and Andrew to stand in 2017 election Legal Business In a conspicuously early move by Dentons‘ chief executive Elliott Portnoy and global chairman Joe Andrew, both have revealed they…
Comment: Be wary of vaulting ambition as competition ramps up in Scotland Legal Business An interesting battle is raging in Scotland on levels large and small. In early May, the Scottish National Party (SNP)…
Dealwatch: Pinsents, Travers, CC join Debevoise on £500m Motor Fuel Group disposal Legal Business A trio of LB100 firms –Travers Smith, Clifford Chance, Pinsent Masons – have lined up alongside Debevoise & Plimpton in…
‘Not a naïve or vulnerable consumer’: Barclays wins capital loan claim against former Dewey partner Legal Business The High Court has today (9 June) handed down its judgment in favour of Barclays Bank in a long running…
Freshfields freezes associate pay bands – move puts firm behind Magic Circle peers’ NQ wages Legal Business Within days of Clifford Chance (CC) announcing its pay bands in the associate salary race to match Magic Circle peers,…
Dealwatch: US trio’s City teams take lead roles on GHG’s £1.5bn three-year debt restructuring alongside Simmons and CC Legal Business Teams at the London offices of Paul Hastings; Weil, Gotshal & Manges, and Milbank, Tweed, Hadley & McCloy all took…
Gateley’s partners take home over 80% of £30m raised in landmark law firm listing Legal Business Gateley’s partners are set to receive £25m, more than 80% of the £30m total raised, as the West Midlands firm started its…
Weightmans targets July for merger with Leeds-firm Ford & Warren Legal Business National firm Weightmans is looking to establish an offering in Yorkshire, announcing it is in final merger negotiations with single…
Comment: A vision of Big Law come 2025 – will the dust ever settle? Legal Business It is 2025 and the view from the nominal head office of the leading City law firm remains as uncertain…
