Client profile: David Fein, Standard Chartered Bank Legal Business The former law firm partner turned banking giant GC on his globally-demanding role As a former senior staffer in the…
Market comment: A year of living dangerously Legal Business ‘There isn’t much to differentiate between law firms. It is predominantly relationship-based, not on massive differentials in service.’ Chris Newby,…
High-stakes: White-collar crime teams ready as SFO hits Barclays with landmark prosecution Legal Business White collar specialists scramble in landmark prosecution White-collar crime specialists have scrambled across the City as the Serious Fraud Office…
‘Should be the end of the proposal’: Queen’s Speech reprieve for SFO as abolition move recedes Legal Business Theresa May’s Conservative manifesto pledge to subsume the Serious Fraud Office (SFO) into the National Crime Agency (NCA) was absent…
‘Cavalier’: former Clyde & Co litigator struck off roll after string of misleading failures Legal Business The Solicitors Disciplinary Tribunal (SDT) has struck off former Clyde & Co senior associate Rajpal Ahluwalia from the roll and…
‘Most important strategic step’: DWF breaks into Asia with Singapore start-up Legal Business DWF takes on four-lawyer Singapore Eversheds team to set up new regional hub DWF has broken into Asia for the…
Hogan Lovells opens new Boston office in Collora buyout Legal Business Hogan Lovells is acquiring Boston-based litigation and investigations firm Collora on 1 September, taking on 15 partners in a move…
Ince & Co brings in alternative career to partnership as it shakes up associate pay Legal Business Ince & Co is offering its lawyers the option to choose a different career path from the traditional partner track,…
‘Top end of expectations’: Travers PEP drops below £1m as turnover edges up Legal Business Travers Smith has recorded a 4% rise in revenue to £125m, marking eight consecutive years of growth, while the firm’s profits…
Travers, Macfarlanes and Jones Day boost junior lawyers pay while HSF and CMS freeze associate salaries Legal Business Travers Smith, Macfarlanes and Jones Day have all boosted their junior lawyers pay in this year’s review, in contrast to…
Revolving doors: Simmons appoints CC capital markets veteran as firms boost London ranks Legal Business The arrival of July marked a heightened pace of lateral hires by UK firms boosting their London bases. Simmons &…
Shearman and Mayer Brown retain fewer trainees than previous years’ newly-qualified solicitor intake Legal Business Shearman & Sterling and Mayer Brown have recorded lower retention rates for their trainees due to qualify this autumn, from full retention last…
CMS launches Monaco office with local merger to service international investors Legal Business CMS Cameron McKenna Nabarro Olswang has continued to expand by opening its Monaco office through a combination with Pasquier Ciulla…
Dentons advises Total on $5bn Iranian oil deal in first long post-sanction contract Legal Business Dentons has taken the lead advising French oil and gas company Total in signing a £4bn ($5bn) contract with Iran’s…
LB sister brand The Legal 500 launches new global recruitment service Legal Business Legal Business’ sister brand The Legal 500 is to launch a new recruitment service.
‘Willingness to adapt’: Macfarlanes defies Brexit effect with PEP up 8% Legal Business In a challenging but ‘good year’ for the firm, Macfarlanes has continued growing with revenues up 4% to £167.6m.
UK law will remain ‘attuned to the demands of international business’: Lord Neuberger speaks up for London’s prospective status post-Brexit Legal Business Lord Neuberger, president of the UK Supreme Court, has defended London’s prospective status as a legal hub in the international…
‘Below our expectations’: RPC profits down 8% as revenue edges up to £103m Legal Business RPC’s 2016/17 global profits fell 8% to £26.4m, down from last year’s £28.5m, in a year of investment and external challenges…