So far the wave of redundancies that have rippled through the UK legal profession has not been replicated across the Atlantic but that may be about to change with news on Monday (24 June) that Weil Gotshal & Manges is to cut around 170 staff. The New York-based law firm announced the move internally in a package …
Clifford Chance (CC) has hired Norton Rose Fulbright (NRF) corporate insurance partner Ashley Prebble as the Magic Circle firm aims to boost its Lloyds and London market and general insurance capability. Prebble, who will work closely with the firm’s private equity and regulatory teams, specialises in corporate and regulatory insurance work including initial public offerings …
Allen & Overy (A&O) has hired Visa Europe’s general counsel (GC) and executive vice president and company secretary Vanessa Turner as a partner in its global antitrust practice. Turner will be based in the Magic Circle’s Brussels office, advising European and international clients dealing with EU and other regulators on merger clearance, cartels and other …
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Top 20 UK law firm Pinsent Masons has seen its year-on-year turnover increase by 40% from £221m to £309m thanks to its merger with McGrigors in June last year. The firms, which would have had a combined turnover last year of around £294m, have in real terms seen a growth in revenue of 5%. The …
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The landmark divorce battle between Yasmin and Michael Prest has come to an end as the Supreme Court today (12 June) ruled Prest should hand over properties held by companies under his control. The ruling – the most significant divorce case to reach the UK’s highest court since the 2010 judgment in Radmacher v Granatino – …
It’s a cliché that you can’t do large legal mergers without some fallout, a truism that Norton Rose Fulbright now has the chance to contemplate, as it emerges that its Festival Towers Dubai office is likely to move in the wake of its merger this month. Dubai is one of the few international jurisdictions where Norton …
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Linklaters is being sued by a former paralegal for unfair dismissal and discrimination just weeks after top 50 law firm Travers Smith was found to have discriminated against a former trainee because she had fallen pregnant. The case against Linklaters started today (10 June) in the London Central Employment Tribunal and the hearing is scheduled …
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One man’s slashing red tape is another’s endless tinkering. Either way, the much-meddled field of legal regulation may face more intervention with news this week that the Ministry of Justice (MoJ) is to conduct a wholesale review of the profession’s regulatory landscape, little more than a year after the Legal Services Act (LSA) came into …
King & Spalding has continued its City recruitment drive with the hire of Steptoe & Johnson’s London dispute resolution partner and co-head of the Russia and CIS group, Egishe Dzhazoyan. Listed by Legal 500 as a leading arbitrator with ‘excellent common sense’, Dzhazoyan is a UK and Russian-qualified lawyer who has represented clients in more …
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The acquisition by comparethemarket.com owners BGL Group of leading personal injury (PI) firm Minster Law last week should be seen as a sign that the PI market is far from in tatters, according to Minster Law’s chairman, Adrian Christmas. Minster Law is one of the UK’s largest road traffic accident (RTA) personal injury practices, employing …
