FSA slaps Pru with £30m fine before its split David Stevenson The Financial Services Authority (FSA) handed out its last penalty before being split up after fining companies in the Prudential…
Barclays law chief gets £3.7m share award David Stevenson If there was any remaining doubt that the lot of the modern general counsel at a major bluechip is a…
US firms on the march as Global London headcount rises David Stevenson Foreign firms in London made bulking up their senior ranks their key priority in 2012, with average partner headcount hitting…
Davis Polk and Linklaters win landmark Lehman settlement David Stevenson Linklaters and Davis Polk & Wardwell have won a settlement agreement in the long-running Lehman Brothers bankruptcy that ‘unlocks’ $9bn…
Addleshaw Goddard and Nabarro end merger talks David Stevenson Addleshaw Goddard and Nabarro have confirmed that they were in merger talks at the start of the year but the…
Semple Fraser Appoints administrators David Stevenson Scotland’s Semple Fraser has gone into administration, with Tom MacLennan and Kenny Craig, partners with accountants RSM Tenon, appointed joint…
Ready for his close up David Stevenson Outspoken, opinionated and often right, K&L Gates head Peter Kalis has made financial transparency his latest mission. Legal Business talks…
Europe in Union David Stevenson The ravages of the global recession and the European sovereign debt crisis have threatened to turn the long boom law…
Insolvency teams line up on high-profile failures David Stevenson With HMV, Jessops and Blockbuster all entering into administration in the first few weeks of 2013, leading City firms have…
HSF sees more City departures but secures German launch David Stevenson Herbert Smith Freehills (HSF) has been hit by a string of key departures from its lucrative disputes practice. Simon Bushell,…
Leverage starts to resurface in dormant market David Stevenson Liberty Global’s $23.3bn acquisition of Virgin Media and Dell’s proposed $24.4bn leveraged buyout have deal finance advisers asking whether this…
Freshfields partners with Stephen Lawrence charity to provide scholarships to aspiring black lawyers David Stevenson Freshfields Bruckhaus Deringer is launching a scholarship with the Stephen Lawrence Charitable Trust (SLCT) to help students from black and…
No let up for Libor claims as FSA issues record fines David Stevenson With the Financial Services Authority (FSA) issuing a record £300m of total fines in the UK in 2012, up from…
TNK-BP takeover saga ends in largest Russian deal ever David Stevenson The ongoing battle over what was to become of Russian oil joint venture (JV) TNK-BP finally concluded at the end…
Banks could face backlash on legal panel reviews David Stevenson With the latest round of bank panel reviews in full swing, early indications show signs of a backlash from law…
Ashurst expansion continues full throttle David Stevenson Ashurst’s recent appetite for international expansion shows no sign of abating, with the firm announcing in November the launch of…
Parabis Group storms into Scottish insurance market David Stevenson Private equity backed Parabis Group recently entered the Scottish legal insurance market with a bold statement of intent, hiring local…
On the Mend David Stevenson When the credit crisis hit, leveraged finance lawyers were among the first to fall. They are still in the doldrums,…
Know your numbers David Stevenson When former Dewey & LeBoeuf partners blamed Citibank for not telling them about the dire state of the firm’s finances,…
Baker & McKenzie becomes first global firm in Peru David Stevenson Baker & McKenzie has extended its increasing strategic focus on Latin America by becoming the first international law firm to…