Dentons to merge with Scotland’s Maclay Murray & Spens to gain foothold in European oil and gas centre

Dentons to merge with Scotland’s Maclay Murray & Spens to gain foothold in European oil and gas centre

Dentons is to combine with Scottish firm Maclay Murray & Spens, embarking on the latest phase of its European expansion into Scotland’s oil and gas markets and bringing its total UK lawyers to over 800. The merger is the latest in a series for the Dentons, the world’s largest law firm by number of fee earners, as …

Brexit government department spent £3.7m in legal costs in year since EU referendum

Brexit government department spent £3.7m in legal costs in year since EU referendum

The government department for exiting the European Union (DExEU) has spent £3.7m in legal costs since it was set up last summer, the most significant area of expenditure for DExEU after overall staff costs of £14m. A government report published on Wednesday (19 July) revealed that DExEU cost taxpayers £1.2m in legal fees for the …

Civil court service fees generate £102m surplus for government as job cuts continue

The civil courts generated a £100m surplus in their most recent year according to new figures that are bound to hike concerns over the use of civil courts to subsidise the justice system. Over the last year, HM Courts and Tribunal Service (HMCTS) has generated fee income of nearly £800m, £186m from family justice fees …

RPC to retain 82% of trainees to newly-qualified roles as firm performs in Asia

RPC to retain 82% of trainees to newly-qualified roles as firm performs in Asia

City-headquartered professional services firm RPC will retain 82% of its trainees this autumn, a 15% increase from last year’s intake, as the firm sees growth in its Asia business. The firm said that 14 of its 17 London-based second-year trainees have secured newly-qualified (NQs) roles at the firm, the majority of which will work in …

Brexit saves Chancery Lane’s bacon as Government backs off proposals to split SRA from Law Society

Brexit saves Chancery Lane’s bacon as Government backs off proposals to split SRA from Law Society

The hopes of the UK’s largest legal watchdog of being separated from the Law Society appear to have been dashed, according to a Government paper that backs away from a full split of lawyers’ trade union and regulatory bodies. The Ministry of Justice review, published today (19 July), indicates that the government is backing off …

‘A game changer’: Fieldfisher invests in digital platform for start-up funding rounds

‘A game changer’: Fieldfisher invests in digital platform for start-up funding rounds

Fieldfisher has invested in a digital platform offering an automated way to generate and update documents required during funding rounds, allowing start-ups and investors to negotiate and close deals remotely and more quickly, which could also offer the firm new clients. European firm Fieldfisher was part of a £1m investment round in SeedLegals, launched three months ago, …

Linklaters to recruit first chief information security officer as DLA breach pushes security up firms’ agenda

Linklaters to recruit first chief information security officer as DLA breach pushes security up firms’ agenda

Linklaters is seeking to recruit a chief information security officer (CISO) to establish, shape and deliver its global IT security strategy and management programme, a new position for the Magic Circle firm. The recruitment drive follows swiftly after a major cyber attack on DLA Piper on 27 June, which knocked down the firm’s communication system, temporarily putting its …

US and Asia focus: Linklaters’ new executive committee shakeup brings fresh regional targets

US and Asia focus: Linklaters’ new executive committee shakeup brings fresh regional targets

Linklaters is to renew its focus on the US and Asia following its appointment of a new global head of US practice, Tom Shropshire, and an Asia regional managing partner, Nathalie Hobbs, to its executive committee in a shakeup of the firm’s top management group. Shropshire replaced Scott Bowie to lead the New York and Washington DC …

Revolving doors: CC partner seconded to Takeover Panel, 2Birds, PwC and Farrer hire in London, while K&E adds to Germany

Revolving doors: CC partner seconded to Takeover Panel, 2Birds, PwC and Farrer hire in London, while K&E adds to Germany

Law firms are strengthening their European practices, with Bird & Bird, PwC and Farrer & Co all hiring in London, Kirkland & Ellis in Germany, while a Clifford Chance (CC) partner was appointed to a high-profile panel role. James Bole, promoted to CC’s M&A partner two months ago, has been named as the new secretary …

Trowers and Withers post fall in autumn trainee retention rates

Trowers and Withers post fall in autumn trainee retention rates

Trowers & Hamlins will retain 70% of its second-year trainees in newly-qualified (NQ) roles this autumn, while Withers has decided to keep 73% of its final-year group this year, both a fall from last year’s retention rates. Seven Trowers’ trainees from ten-strong cohort will be retained to qualify into the firm’s commercial property, corporate, construction and real estate …