SRA votes to cut minimum PII cover from £2m to £500k despite fears over damage to legal brand Legal Business The Solicitors Regulation Authority (SRA) has voted to cut the minimum compulsory cover for professional indemnity insurance (PII) from £2m…
Further Edwards Wildman City fallout as CMS set to take on corporate partner Legal Business The fallout from the embattled City office of US firm Edwards Wildman continues as it emerges that corporate partners Eero Rautalahti…
Guest post: public access to the Bar – more sideshow than shifting paradigms Legal Business Recent headlines seem to suggest that the Bar is gearing up to ‘bypass’ solicitors and embark upon an all-out war with…
Financial results 2013/14: Herbert Smith Freehills’ first full financial results post merger show revenue of £800m and £741k PEP Legal Business Herbert Smith Freehills’ (HSF’s) first full financial results post merger has seen it unveil revenues of £800m and profit per…
In-house: Groupon’s latest offer is a new GC Legal Business Chicago-headquartered online deals company Groupon has appointed Dane Drobny as its new general counsel (GC).
Double exit for Osborne Clarke as telecoms chief leaves for Reed Smith and technology head to Fieldfisher Legal Business Top 40 firm Osborne Clarke has suffered the double exit of telecoms head Angus Finnegan to Reed Smith and technology…
Financial results 2013/14: Clifford Chance unveils highest-ever results as turnover up to £1.36bn and PEP £1.14m Legal Business Clifford Chance (CC) has drawn a line under last year’s disappointing financials, unveiling its highest-ever financial results, with revenue up 7%…
Brown Rudnick hires Speechly’s European IP head into equivalent City role Legal Business Brown Rudnick has hired technology and intellectual property (IP) head Alex Carter-Silk from Speechly Bircham to lead its European IP practice…
Guest post: Law schools kickstart the greed process – the damage of using money to motivate lawyers Legal Business One of the interesting sub-plots of the Big Law vs New Law debate is the way in which workers (partners…
Herbert Smith Freehills boosts US investigations with hire of former assistant attorney and SEC chief John O’Donnell Legal Business Herbert Smith Freehills’ (HSF’s) Manhattan office has capitalised on the US revolving door with the hire of John O’Donnell, a former…
Management overhaul at Travers Smith with appointment of four new department heads Legal Business Travers Smith has overhauled the management of its private equity, financial services & markets, real estate, and banking and corporate recovery…
Olswang’s head of real estate finance quits for Dechert Legal Business Olswang’s head of real estate finance Eleni Skordaki has quit the firm after nearly ten years to join Dechert’s City finance…
GC Power List – Summer Reception 2014 Legal Business The GC Power List Summer Reception was held on the evening of 11 June, with RPC as lead sponsor. The…
Norton Rose Fulbright hires CMS Cameron McKenna DCM partner Legal Business Norton Rose Fulbright (NRF) has hired CMS Cameron McKenna banking and finance partner Nigel Dickinson to its debt capital markets team.
Law Society asks Met Police to investigate Wonga for fake solicitor letters Legal Business The Law Society has asked the Metropolitan Police to investigate Wonga after it emerged that the UK’s biggest payday lender…
Squire Patton Boggs brings in former Dundas partner to head UK real estate litigation team Legal Business Squire Patton Boggs has made its first UK partner hire since the May announcement that Squire Sanders would unite with…
RPC in talks with breakaway Edwards Wildman partners alongside Cooley and Foley & Lardner Legal Business RPC is in talks with a potential breakaway group of Edwards Wildman City partners – made up of corporate partners Niall…
Bird & Bird secures dual Indonesia tie-up in continued Asia push Legal Business Bird & Bird has signed strategic cooperation agreements with two Indonesian law firms, intellectual property specialists K&K Advocates and business law…
Guest post: The hollow middle since 2008 Legal Business I call it the hollow middle, but Knowledge@Wharton prefers ‘disappearing middle.’ Here’s what, writing in their pages, the CEO of…
Deutsche Bank appoints new global head of regulatory affairs Legal Business Following the departure of Deutsche Bank’s compliance and regulatory affairs chief Andrew Procter to Herbert Smith Freehills (HSF) in March,…
