CC pushes on with stateside lateral spree adding disputes trio in Washington

CC pushes on with stateside lateral spree adding disputes trio in Washington

As a season of disputes and regulatory hiring for international firms in Washington DC continues apace, Clifford Chance (CC) has continued its significant period of lateral hires in the US by adding two partners and a counsel to its Washington litigation practice. And with the arrival of partners Joshua Berman and Glen Donath, alongside counsel Joshua …

Five years on from pioneering S&G acquisition of Russell Jones, Aussie pioneer splits from UK business

Five years on from pioneering S&G acquisition of Russell Jones, Aussie pioneer splits from UK business

Another chapter in the turbulent story of Slater and Gordon (S&G) has unfolded, with the beleaguered listed legal pioneer today (31 August) announcing the splitting off of its UK business from its Australian parent. S&G’s UK arm will change into a new holding company, called UK HoldCo, which will be owned by the firm’s senior …

Lawyers On Demand thinks it’s going to solve your secondee problem with its latest product launch

Lawyers On Demand thinks it’s going to solve your secondee problem with its latest product launch

Mounting client demand for secondees has long been a bugbear for City law firms, a reality that one of the most feted New Law brands is now hoping to turn into a business opportunity. Lawyers On Demand(LOD) is today (31 August) launching a service to provide lawyers specifically for secondments to law firms for their …

‘Unprecedented in scale’: Travers, Slaughters and Hogan Lovells advise as Tata Steel separates UK pension scheme

‘Unprecedented in scale’: Travers, Slaughters and Hogan Lovells advise as Tata Steel separates UK pension scheme

Travers Smith, Slaughter and May and Hogan Lovells have all advised as Tata Steel today signed a long-awaited agreement to separate its business from the £15bn British Steel Pension Scheme (BSPS), in what is the largest pensions scheme restructuring ever in the UK. As a result of the separation, achieved through a regulated apportionment arrangement …

Revolving doors: Fieldfisher hires from Hogan Lovells as global players make international appointments

Revolving doors: Fieldfisher hires from Hogan Lovells as global players make international appointments

Fieldfisher has made a major addition to its London corporate team while DWF, Watson Farley & Williams, O’Melveny & Myers and Linklaters have all made key hires around the globe. Arriving from Hogan Lovells, Fieldfisher has appointed Keith Woodhouse as a partner in its London office. Woodhouse has experience in advising private equity houses on investments, M&A, …

Financials 2016/17: Trowers & Hamlins steadies ship with double-digit turnover rise

Top-50 UK firm Trowers & Hamlins has recorded increases in turnover and profit per equity partner (PEP) to recover from last year’s mixed financial results. Revenue at the 400-lawyer firm rose 12% from £85.6m to £97m, while PEP also saw a marginal 1% increase from £310,000 to £312,000 for the 2016/17 financial year. The growth in PEP …

‘Right to be voluntary’: Litigators respond to Jackson’s latest fixed costs proposals

‘Right to be voluntary’: Litigators respond to Jackson’s latest fixed costs proposals

City disputes partners have responded cautiously to proposals put forward by Lord Justice Jackson to extend the fixed recoverable costs (FRC) regime to a number of different claims. Lord Jackson had been reviewing whether or not FRC should be introduced to all civil claims with a value up to £250,000. But in the report – published …

Snap Inc names Munger, Tolles & Olson partner as new general counsel

Snap Inc names Munger, Tolles & Olson partner as new general counsel

Snap Inc has named Michael O’Sullivan as its new general counsel (GC), after former legal head Chris Handman stepped down from the role in July leaving an interim GC in place. O’Sullivan joins the California-based Snap Inc after spending over 20 years at US firm Munger, Tolles & Olson. He joined the firm in 1996, and focused …

Shorter trial scheme undergoes first full test as court allows BP appeal in $70m claim

The first case brought to trial under the London courts’ ongoing shorter trial pilot scheme has concluded on 27 July, when the Court of Appeal ruled in favour of BP in a $70m breach of warranty and misrepresentation dispute. The High Court started the pilot scheme for shorter trials in September 2015, for cases in the commercial, …

Quinn Emanuel breaks tradition as merger talks with DC disputes leader Williams & Connolly begin

Quinn Emanuel breaks tradition as merger talks with DC disputes leader Williams & Connolly begin

US litigation powerhouse Quinn Emanuel Urquhart & Sullivan has entered into merger discussions with Washington DC disputes shop Williams & Connolly, Legal Business can reveal. Negotiations between the two began in the past month. The tie-up would mark Quinn’s first full-scale merger with the aim of complementing its existing white-collar and product liability practices, as well as its general contentious …