Former banking chief Trahair takes the helm of A&O’s consulting and tech arm

Former banking chief Trahair takes the helm of A&O’s consulting and tech arm

Andrew Trahair, Allen & Overy’s (A&O) former banking co-head, has been enlisted to head the firm’s Advanced Delivery technology and consulting group a week after its Peerpoint chief executive stood down. Trahair, who was co-head of A&O’s banking practice from 2008 to 2016, will lead the firm’s dedicated resources and technology services group, which includes …

Dechert bolsters European funds team with key City and Dublin hires

Dechert bolsters European funds team with key City and Dublin hires

Dechert has ramped up investment in its European funds business with a pair of hires, including Marianna Tothova in London from Ashurst. The hire of Tothova, which comes amid a pacey recruitment drive for the US firm in London in recent months, coincides with that of Carol Widger from Maples and Calder as the managing partner …

Banking and finance focus: Back to the future

Banking and finance focus: Back to the future

‘The truth is no-one’s got the faintest idea what finance practices will look like in the future,’ shrugs Tony Bugg, Linklaters’ head of banking, when asked to describe a top City finance practice in 2030. Of the dozens of London finance chiefs and partners to whom Legal Business posed the question, Bugg’s take is at …

‘Commitment to London’: Dechert makes up three in the City amid 16-strong partner promotions round

‘Commitment to London’: Dechert makes up three in the City amid 16-strong partner promotions round

Dechert is continuing a recent spate of investment in its London office with the promotion to partner of three in the City amid a scaled up 16-strong global round. The Philadelphia-headquartered firm has continued its commercial litigation push by making up Matthew Banham and Timothy Bowden from its white-collar crime bench in London, while tax lawyer …

Deal watch: Bakers and Slaughters drink in £3.1bn Horlicks acquisition as AJ Bell IPO yields dividends for Pinsents and Addleshaws

Deal watch: Bakers and Slaughters drink in £3.1bn Horlicks acquisition as AJ Bell IPO yields dividends for Pinsents and Addleshaws

As the market hunkers down for the festive season, GlaxoSmithKline’s (GSK) £3.1bn sale to Unilever of Horlicks has warmed the cockles of City teams from Baker McKenzie and Slaughter and May, while Pinsent Masons and Addleshaw Goddard have won key mandates on what is likely the year’s last big London listing. The GSK deal sees it sell its …

‘An international guy’: Ouwehand wins Clifford Chance race to become first non-London senior partner

‘An international guy’: Ouwehand wins Clifford Chance race to become first non-London senior partner

Clifford Chance has elected Amsterdam head Jeroen Ouwehand as its first ever senior partner based outside the City. The news comes after Ouwehand, who also leads the firm’s continental European litigation and dispute resolution practice, was hotly tipped internally as being the successor to Malcolm Sweeting.

Hello from the other side: CC private equity star Mahon to join Simpson Thacher

Hello from the other side: CC private equity star Mahon to join Simpson Thacher

In a significant blow to Clifford Chance’s M&A practice, Simpson Thacher & Bartlett has enticed private equity star Amy Mahon to its London office. Mahon, who emerged as the most widely-cited female partner for private equity in Legal Business’ Alphas feature earlier this year, has been acknowledged by her peer group as ‘the most visible woman …

‘Real fire power’: Weil loses banking head to White & Case’s unrelenting hiring spree

‘Real fire power’: Weil loses banking head to White & Case’s unrelenting hiring spree

White & Case’s City hiring spree continues to go great guns with the recruitment of Weil Gotshal & Manges’ well-regarded head of banking, Mark Donald. Donald has been at Weil for six years, taking on the head of banking role vacated by Stephen Lucas when he left for Kirkland & Ellis in 2014. Before Weil, …

Stars and stripes in their eyes – assessing the US ambitions of A&O and Freshfields

Stars and stripes in their eyes – assessing the US ambitions of A&O and Freshfields

Nathalie Tidman looks at the struggle for the City elite as US players dominate home and away ‘People like me, making the switch from the Magic Circle to a US firm – a Kirkland, a Latham, a White & Case – did so because being a powerhouse in the US is critical to becoming a …