Goodwin Procter has made good on its promise to build out its City technology and life sciences bench having again targeted Taylor Wessing, this time for a four-partner team. On the back of a pacey 58% revenue growth for the 2018 financial year in London, Goodwin has hired Malcolm Bates, David Mardle, Tim Worden and …
Continue reading “Taylor Wessing beset by Goodwin’s City expansion as four more partners defect”
The London woes of Allen & Overy’s prospective merger partner O’Melveny & Myers have continued with the loss of private equity funds lawyers John Daghlian and Mary Lavelle to Akin Gump Strauss Hauer & Feld. The path from O’Melveny to Akin Gump has become a well-trodden one of late after private equity funds partners Daniel …
Continue reading “City O’Melveny exodus continues as Akin Gump hires private equity funds duo”
Affectionately known in buyout circles as ‘GavDav’, the long-time duo of private equity specialists Gavin Gordon and David Arnold has finally landed at Willkie Farr & Gallagher from Kirkland & Ellis after months of speculation. While Kirkland may play down its significance, it is nevertheless a rare and high-profile exit for the Chicago-bred juggernaut and …
I didn’t plan a career in law. At school I did those career survey things twice and on both occasions it said I should become a fashion designer. I have been a bar manager in a country house hotel and then a golf club bar. Great fun. Taught me the concept of keeping people in …
The board of Ashurst has asked Bernd Egbers, a Munich-based board member, to leave the firm ‘as a result of ‘conduct which is contrary to [the firm’s] values’. Announcing the move on Tuesday (11 June), the firm would not divulge the nature of the misconduct, only that there was no connection to any client or …
Continue reading “Ashurst dismisses board member under cloud of misconduct”
A parliamentary select committee has condemned the ‘routine cover-up’ of discrimination allegations by employers as calls for a clampdown on non-disclosure agreements (NDAs) reach a new pitch. The report by the Women and Equalities Committee on discrimination and harassment in the workplace, published today (11 June), is the culmination of an enquiry launched by MPs …
Big-ticket deals have been fuelling the market in pensions, private equity and fundraising recently with UK top-10 firms and US rivals alike taking the controls on significant mandates. Legal & General (L&G) handed a joint mandate to CMS and Eversheds Sutherland to advise on its £4.6bn buy-in to buy-out with the Rolls-Royce UK Pension Fund (RRPF), …
The Ministry of Justice (MoJ) has ushered in an emergency boost to senior judges’ remuneration as an unprecedented recruitment crisis continues to grip the Bench. The move, announced on Wednesday (5 June), is in response to a review by the Senior Salaries Review Body (SSRB) and will see High Court judges handed a 25% annual …
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Hugh Verrier’s term as White & Case chair will extend to 16 years after he was re-elected for another four years. First elected to the helm in 2007, he will start his next stint in September, running until 2023. New York-based Verrier’s tenure has seen successive years of expansion recently, most notably in its London …
Continue reading “If it ain’t broke: Verrier gets fourth term as White & Case chair”
The #MeToo debate continues to garner stories with a legal slant as the Law Society’s recent practice note on the use of legal gagging contracts has been criticised for being vague to the point of unethical. Crispin Passmore, the former executive director of the Solicitors Regulation Authority (SRA), this week slammed The Law Society’s practice …
