Hunting titans – the disputes outlook as watchdogs and claimants target banking giants Legal Business As banks remain in the crosshairs of regulators and claimants, Legal Business teamed up with Stephenson Harwood to seek the…
Legal fees: QualitySolicitors to abandon hourly rates in favour of fixed fees Legal Business QualitySolicitors (QS) has unveiled plans to abandon the hourly rate across its network of firms, offering fixed fees for all…
H1 2013/14: Bird & Bird reveals revenue increase of 5% Legal Business Bird & Bird today (3 December) attributed a 5% increase in its half year (H1) 2013/14 revenues to the strengthening of…
Leadership: Dick Tyler ‘ready for a change’ as CMS elects Penelope Warne as senior partner Legal Business CMS Cameron McKenna has elected its first-ever female senior partner, as UK managing director and head of energy Penelope Warne…
Latin America: DAC merges with Colombian alliance partner De la Torre & Monroy Legal Business DAC Beachcroft has expanded its Latin American presence via a merger with Colombian alliance partner De la Torre & Monroy Abogados…
Merit driven pay – Slaughter and May introduces discretionary associate bonus Legal Business Building on its decision earlier this year to introduce an element of merit to its associate pay, Slaughter and May…
Guest post: The United States of Innovation – viewed from Wall Street, it could be a whole lot better Legal Business The other night I was fortunate enough to be invited to attend the FT’s Innovative Lawyers 2013 US awards ceremony.…
Still in the headlines – Embattled Co-op appoints new GC for bank amid group shake-up Legal Business The Co-operative Bank (Co-op) has announced the appointment of former interim general counsel (GC) of Coventry Building Society Brona McKeown…
Revolving doors: Strategic growth for Mishcon, Hill Dickinson, Herbert Smith Freehills, Orrick Rambaud and Addleshaw Goddard Legal Business Mishcon de Reya this week (25 November) announced that it is to completely restructure its tax offering, consolidating its real…
Merger talks: Dentons and McKenna Long partners say no to a tie-up Legal Business Just two days after Orrick, Herrington & Sutcliffe and New York-headquartered Pillsbury Winthrop Shaw Pittman called off their potentially game…
Team hire: TLT takes on 30-strong Irwin Mitchell team in Manchester Legal Business TLT is putting its fledgling Manchester office at the centre of its UK-wide growth plans as the top 60 LB100 firm takes on a 30-strong Irwin…
In-house draw: Chris Bown third Freshfields partner to take a corporate wage as he resigns for CVC Legal Business Freshfields Bruckhaus Deringer corporate partner Chris Bown has become the third senior partner in two months to resign from the Magic Circle firm…
No pay for delay: Court of Appeal holds firm on costs decision in ‘plebgate’ case Legal Business The post-Jackson hardline approach to costs budgeting was reinforced by a landmark Court of Appeal decision today (27 November) in…
Investigations: RBS appoints panel firm Clifford Chance to conduct independent review Legal Business Investigations have become big business for the City’s thriving litigation teams although the majority of them happen behind closed doors…
Panel review: Taylor Wessing and KWM SJ Berwin secure spots on property developer Essential Living’s ten-strong panel Legal Business Newly-formed rental property developer Essential Living has appointed a ten-strong panel of law firms to its roster as it focuses…
Leadership: Andrew Saul takes over as senior partner at Osborne Clarke Legal Business With its half year revenues up by 12% and following a two-year period of international investment, Osborne Clarke‘s (OC’s) UK…
Guest post: ‘Chasing short term profits is the enemy of long-term success’ – A conversation with Freshfields’ Ted Burke Legal Business I recently had the chance to sit down with Ted Burke, outgoing managing partner of Freshfields Bruckhaus Deringer. I’ve known…
H1 2013/14: Osborne Clarke sees half year revenues jump by 12% Legal Business Osborne Clarke is the latest top 50 firm to announce positive results for the first half (H1) of the 2013/14 financial…
PwC boosts energy capability with hire of NRF head of nuclear Fiona Reilly Legal Business PricewaterhouseCoopers (PwC) has boosted its nuclear energy capability with the hire of longstanding Norton Rose Fulbright energy partner and head of…
UK IPO uptick forecast for 2014 as Freshfields secures Poundland float Legal Business Partners are forecasting a further uptick in UK initial public offerings (IPOs) in 2014 with Freshfields Bruckhaus Deringer emerging as the…