‘Theirs is the biggest succession issue faced by any firm in the City,’ says one Magic Circle partner of Skadden, Arps, Slate, Meagher & Flom’s prospects, following the retirement of veteran dealmaker Michael Hatchard (pictured right) at the end of last year. The widely-admired Hatchard did much to make Skadden a US trailblazer in public …
Freshfields Bruckhaus Deringer is to build on its mass relocation of support roles to the north with the launch of an equivalent hub for continental Europe. The move is also set to usher in a new career track for legal staff and support tech-assisted services, further building on the City giant’s 2015 shake-up, which has already …
Paul Hastings has hired Anu Balasubramanian to lead its private equity team in London, a striking move that sees DLA Piper lose one of its brightest deal stars. The loss of Balasubramanian will be a fresh blow for DLA after a turbulent few months that have seen a high-profile partner exodus in the City to …
Continue reading “Another City loss for DLA Piper as private equity star quits for Paul Hastings”
‘Theirs is the biggest succession issue faced by any firm in the City,’ says one Magic Circle partner of Skadden, Arps, Slate, Meagher & Flom’s prospects, following the retirement of veteran dealmaker Michael Hatchard (pictured right) at the end of last year. The widely-admired Hatchard did much to make Skadden a US trailblazer in public …
Barely a City or US firm in London has gone without popping a Champagne cork in recent days as big-ticket deal activity remains frothy, while showing no signs of losing its fizz. Recent big-ticket deals characterising the market include US tech private equity player Silver Lake’s proposed £2.2bn buyout of ZPG – the parent company …
M&A partner Julian Pritchard has been named Freshfields Bruckhaus Deringer’s new London deals head following the announcement stalwart dealmaker Simon Marchant (pictured) is retiring in July. Pritchard will take the title of London head of transactions in replacing the corporate veteran Marchant, who has been at the Magic Circle firm for nearly 30 years.
Oliver Brettle has stepped down as White & Case’s London executive partner after a decade, with US securities partner Melissa Butler named his successor. The move comes on the instruction of New York-based chair Hugh Verrier, who asked White & Case stalwart Brettle to concentrate on the firm’s 2020 strategy, which includes competing ‘toe-to-toe’ with …
Slaughter and May, Linklaters, Davis Polk and Ashurst are among the firms to have won major mandates on Japanese pharmaceutical giant Takeda’s £46bn takeover of Irish drug-maker Shire, while CMS and Pinsent Masons led on the sale of the UK’s £2bn Neart na Gaoithe offshore wind farm. Takeda’s recommended offer is the culmination of a …
The London contingent of Cleary Gottlieb Steen & Hamilton has recently moved across the road into premises so new they do not yet have a postcode recognised by Google Maps. The irony is not lost if you consider the firm’s role as counsel to Google on some of the most high-profile antitrust cases in recent …
Ashurst has launched a redundancy review which could result in 80% of its 100-strong secretarial team in London being axed, while a handful of secretarial roles in the Middle East are also at risk. Women will make up the majority of those in the firing line, with Ashurst stating in its March 2018 gender pay …
Continue reading “‘Some difficult decisions’: Ashurst set to cull up to 80 City secretaries”
