Panel review – Aviva reveals new look line up

Global law has largely won the day for Aviva as it today (30 August) announced that Latham & Watkins, Ashurst, DLA Piper, Linklaters, Pinsent Masons and Addleshaw Goddard have won a place on its panel for international and UK work. Slaughter and May and Allen & Overy (A&O), appointed in April as the company’s most senior legal …

Financial results 2013: Bakers reveals double-digit profit growth against global turnover increase of 5%

Baker & McKenzie has revealed above average financial performance for 2012/13, with a global revenue increase of 5% to $2.419bn and profits per equity partner up by 10% to $1.2m. This growth comes in above the Legal Business Global 100 average of 4% increase in turnover and flat profits for the past financial year.

UK PI bandwagon – Slater & Gordon buys Fentons and reveals 2012/13 results

Slater & Gordon today (21 August) made further inroads into the UK personal injury (PI) market as it formally announced to the Australian Stock Exchange (ASX) the acquisition of leading claimant firm Fentons, although discussions with earlier merger talks partner Simpson Millar have been deferred until early 2014. The Australian-listed firm confirmed that due diligence on 120-lawyer Fentons, …

BAE international: defence giant rolls out UK cab rank model to Asia and ME

With the UK’s investment in defence broadly flat British defence giant BAE Systems is looking increasingly to the international markets for growth and its legal team is morphing with it. This month, BAE’s 250-strong legal team, which counts the company’s 100,000-plus employees as its clients, rolled out its UK cab rank model – under which a …

Full speed ahead – Ashurst puts in place joint corporate structure as full integration looms

As Ashurst proceeds headlong towards its October vote on full financial integration with Asia Pac’s Blake Dawson the firm has put in place a democratic corporate structure that sees current managing partner (MP) James Collis confirmed as global MP of the merged entity. Many of the appointments are expected; Ashurst Australia’s managing partner John Carrington …

Litigation watch: Weil and Quinn Emanuel successful in high profile Barclay brothers Court of Appeal case

A high profile Court of Appeal decision has today (3 July) seen Weil Gotshal & Manges and Quinn Emanuel Urquhart & Sullivan see off a challenge against the Barclay brothers and their associated companies over the ownership of three iconic London hotels. Sir Frederick and Sir David Barclay, represented by Weil Gotshal’s head of litigation …

71 new shareholders and a Madrid chief – today on Baker Mac’s intranet

It says something about the evolution of the legal market when a single global law firm makes up more partners annually than the total partnership of a sizeable UK practice like Travers Smith but a handful of players are now in that camp. Passing that threshold with ease is Baker & McKenzie, which has just …

The Client: David McLeish – Playtech

The former BLP partner on taking the GC seat at a fast-growing online gaming firm When David McLeish left Berwin Leighton Paisner (BLP) to become general counsel (GC) of the world’s largest publicly-traded gaming software company, he figured it would present a new challenge. The FTSE 250-listed Playtech has certainly not disappointed. A fast-paced Israeli …

Visa Europe’s GC joins A&O’s global antitrust practice

Allen & Overy (A&O) has hired Visa Europe’s general counsel (GC), executive vice president and company secretary Vanessa Turner as a partner in its global antitrust practice. Turner will be based in the Magic Circle firm’s Brussels office, advising European and international clients dealing with EU and other regulators on merger clearance, cartels and other antitrust and competition matters.

Landmark Prest v Petrodel Resources verdict reached

Supreme Court decision hailed as end to ‘cheat’s charter’ The landmark divorce battle between Yasmin and Michael Prest came to an end last month as the Supreme Court on 12 June ruled Mr Prest should hand over properties held by companies under his control. The ruling – the most significant divorce case to reach the …