Six months after financial regulatory head Bob Penn quit for Cleary Gottlieb Steen & Hamilton, Allen & Overy (A&O) has replenished the ranks with the hire of Herbert Smith Freehills (HSF) partner Nick Bradbury. Bradbury returns to the Magic Circle after moving to HSF from Freshfields Bruckhaus Deringer in 2015.
Ashurst has confirmed London regulatory partner James Perry will remain at the firm, after resigning in April for Gibson, Dunn & Crutcher.
Reed Smith has made a concerted investment in the legal technology and innovation space with the launch today (4 October) of a dedicated ‘thinking space’, believed to be the first of its kind in London, after developing its own software to maximise efficiency in corporate deals.
Former King & Wood Mallesons head of tax Heather Corben has resurfaced at private client firm Forsters, following the restructuring of KWM’s legacy SJ Berwin practice.
Slaughter and May has won repeat work for SVG Capital as the private equity house faces a £1bn hostile takeover bid from Boston-based group HarbourVest.
US and Magic Circle advisers on the mega acquisition of ARM holdings by Japanese group SoftBank will together rake in £14.5m in fees, the latest deal documents show.
Top 50 Legal Business 100 firms Charles Russell Speechlys (CRS) and Trowers & Hamlins have posted mixed results this reporting season, with the former recording a 21% rise in profit per equity partner (PEP) and the latter seeing partner profits fall 7%.
UK and US firms have been busy investing in Europe this week, with Baker & McKenzie, Mayer Brown and Bird & Bird all adding to offices in Berlin, Frankfurt and Brussels.
Slaughter and May rubbed shoulders with Davis Polk & Wardwell in the second major announced deal this week, this time opposite the Wall Street firm on the acquisition of British payments system company VocaLink by New York-based MasterCard.
Victoria Young reviews the changing property finance landscape Berwin Leighton Paisner (BLP) head of real estate finance Naveen Vijh surveys a much changed landscape: ‘We have a much more diverse client market now. It is important to know the whole of the market, its whole breadth.’
