Addleshaws launches arbitration against former real estate chief Haywood
Management at Addleshaw Goddard has launched arbitration proceedings against former head of real estate Mark Haywood, two years after he quit for Nabarro.
Clifford Chance begins review of lockstep points to encourage high achievers
Nearly 18 months after voting through modifications to its remuneration system, Clifford Chance (CC) has kicked off a firmwide review of where partners should sit on its lockstep in a bid to curb under-performance and retain star partners.
Addleshaws launches arbitration against former real estate chief Haywood
Nabarro to cover costs of defending claim two years after lateral hire Management at Addleshaw Goddard has launched arbitration proceedings against former head of real estate Mark Haywood, two years after he quit for Nabarro.
Clifford Chance begins review of lockstep points to encourage high achievers
Nearly 18 months after voting through modifications to its remuneration system, Clifford Chance (CC) has kicked off a firmwide review of where partners should sit on its lockstep in a bid to curb under-performance and retain star partners. The firm traditionally operated a lockstep system with a single profit pool, where partners spent three years …
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Skadden impresses as it takes lead on Abbey Life acquisition
US firm takes first-time instruction from Freshfields client Phoenix Skadden, Arps, Slate, Meagher & Flom is in line for a windfall after taking the lead role advising on Phoenix Group Holdings’ proposed £935m acquisition of Abbey Life Assurance Company from Deutsche Bank, pocketing a significant chunk of £17m in fees in the process.
Bank of Ireland GC latest to head to Santander UK
Bank of Ireland’s general counsel John Bennett has departed after three years in the role for Santander UK, where he will serve as chief operating officer and senior counsel for legal and regulatory.
MoJ to forge ahead with legal regulator separation from Law Society
The Ministry of Justice is set to forge ahead with separating legal regulators from their representative bodies, and has revealed further plans to review how the Legal Services Board (LSB) and Legal Ombudsman are operating in a bid to drive efficiency.
Hacked off: Newspapers launch legal challenge against Mosley press regulator
Newspapers have threatened to launch a legal challenge against a decision to recognise the first press regulator under the terms of the controversial Royal Charter established following the Leveson Inquiry.
White & Case to act for Russian government in $12bn Pugachev arbitration
White & Case has won a lucrative instruction to defend the Russian government on the $12bn arbitration case taken against it by Sergei Pugachev, a tycoon once dubbed ‘Putin’s banker.’
Another exit for Herbert Smith Freehills as Stewarts Law takes advocacy head Gatt QC
Stewarts Law has recruited veteran litigator Ian Gatt QC from Herbert Smith Freehills‘ (HSF) prized advocacy unit. The exit is the third high-profile partner departure in the past two weeks.