Hogan Lovells has been drafted in to advise Uber as the US-based ridesharing company launches a legal challenge to Transport for London’s (TfL) decision to not renew its private hire licence.
TfL today (22 September) issued a statement confirming that Uber will not be given another private hire operator licence after the current one expires on 30 September.
After being on the verge of accepting a six-figure sum last month, a group of 288 former King & Wood Mallesons (KWM) employees have been awarded over £1m by an employment tribunal to settle claims from the collapse of the firm’s European arm.
The ex-staffers received the compensation award this week (20 September) following the failure of KWM to properly engage in a formal redundancy consultation during its much-publicised European insolvency.
PwC will continue to spearhead the push by the Big Four accountancy firms into the global legal services market with the launch of a law firm in Washington DC.
ILC Legal will open in the US capital later this month to service US multinationals in their business dealings overseas.
China remains one of the most challenging markets to operate in profitably but the lure of its huge economy continues to lure investment from leading law firms with Herbert Smith Freehills (HSF) this week announcing the recruitment of three projects partners from Pinsent Masons.
The move – touted as positioning HSF for the Asian giant’s huge infra plans – sees the firm recruit Pinsents head of China Hew Kian Heong, who leaves Pinsents after 22 years. The Beijing-based construction and engineering specialist has advised China’s National Development and Reform Commission and is also an experienced arbitrator.
CMS is continuing its global expansion with news that its French member firm has hired a two-partner real estate team from Herbert Smith Freehills (HSF) in Paris.
With the acquisition of Nabarro and Olswang in the UK having moved real estate up the agenda at CMS, 12 lawyers will join CMS Bureau Francis Lefebvre at the start of 2018.
Following last month’s separation of Tata Steel’s business from the British Steel Pension Scheme (BSPS), Linklaters and Slaughter and May have been drafted in to advise on its much-anticipated €15bn joint venture with Germany’s ThyssenKrupp.
The 50:50 project received the green light as the firms signed a memorandum of understanding today (20 September) to launch an Amsterdam-headquartered joint venture consisting of a 48,000-strong workforce spread across 34 locations. A final agreement is expected to be signed in 2018.
The Bar Standards Board (BSB) has today (19 September) issued a highly unusual apology to Serle Court’s Khawar Qureshi QC after the senior barrister was subjected to a year-long investigation over unfounded misconduct allegations.
The matter turned on Qureshi’s representation of East African republic Djibouti in a high-profile civil fraud case between the state and the businessman Abdourahman Boreh. In April 2015 another barrister involved in the proceedings made three allegations that the silk had misled High Court judge Justice Flaux.
Pity the poor business support staff. A week after Pinsent Masons confirmed that it was consulting on cutting 100 non-legal jobs, Hogan Lovells has announced that around 90 roles in its London arm are likely to go as part of a restructuring of its business.
About 78 business service roles and 12 legal support roles will be phased out or transferred to the firm’s West Midlands legal service centre or South African global business services hub.
A Brexit-driven boost to Dublin as a professional services hub has been much discussed and now appears to be materialising as Covington & Burling has confirmed that it is the second international law firm to launch locally following last year’s referendum vote.
The Dublin launch, which is still subject to regulatory approval, will focus on regulation, pharma and life sciences and be overseen by London-based EU life sciences partner Grant Castle and technology partner Daniel Cooper.
After an initial flurry of hires in September there has been a pause for breath, leaving Osborne Clarke (OC) and Morgan, Lewis & Bockius to bring in senior lawyers in the UK in recent days.
Pinsent Masons has seen financial services regulation partner Michael Lewis depart for UK top 25 rival OC. After a career which has spanned Norton Rose, Linklaters, Simmons & Simmons and a secondment as policy adviser to the Treasury in 2000/01, Lewis spent six years at Pinsents. OC head of business transactions Greg Leyshon said Lewis would help strengthen the firm’s financial institutions practice.