Slaughter and May’s eminent senior partner Steve Cooke has become the latest law firm leader to embrace a change of direction post-retirement with the news that he is to join PR agency Brunswick Group.
Cooke (pictured) will finish his term as Slaughters’ senior partner on 30 April 2024 after which he will join Brunswick as a partner, tasked with advising clients on matters including M&A, crisis, disputes and litigation.
Addleshaw Goddard has announced that Andrew Johnston has been successful in securing the position of the firm’s managing partner through an uncontested election, serving a four-year term to start on 1 May 2024.
Having joined the firm in 2013 to oversee the firm’s M&A practice in the Middle East, Johnston (pictured) previously worked at Clifford Chance. He became a board member in 2014 and assumed the role of head of Middle East and Asia in 2019, during which time he led the firm’s Middle Eastern business to record financial performances.
Greenberg Traurig announced today (27 November) that Luke Lado has joined the firm as a shareholder, bolstering its banking and finance practice in London.
He joins from Weil, where he spent two years as counsel, following five years at Latham & Watkins as a senior associate. His legal career began at Clifford Chance, where he started as a trainee and spent six years. Lado has also completed secondments to Goldman Sachs, JP Morgan and Credit Suisse.
Bryan Cave Leighton Paisner (BCLP) announced this week that Jinal Shah will become the firm’s UK managing partner from 1 January 2024.
He is taking over from Segun Osuntokun, who served in this role since 2018, with Osuntokun now appointed as BCLP’s first global senior partner, also effective from 1 January.
Despite losing yet another partner in London this week to Paul Weiss, Kirkland & Ellis has continued to build its London bench with its hire of Macfarlanes tax partner Ceinwen Rees.
The firm brought tax partner James Morgan over from Linklaters earlier this month after losing Timothy Lowe and Cian O’Connor to Paul Weiss in September. Rees’ experience advising investment fund managers on structuring issues plays well to Kirkland’s core private equity focus, and alongside Morgan her hire helps bring the US giant’s London office back to strength. Both Rees and Morgan are Legal 500 leading individuals in corporate tax.
Just when the market thought Paul Weiss had eased up on its hiring spree in the run-up to Christmas, the firm has hired John Patten, a partner in the London technology and intellectual property (IP) transactions practice of Kirkland & Ellis.
The move sees the Wall Street giant continue to pursue with gusto the build-out of the English law practice that has gathered momentum in short order, much to the chagrin of the management of Kirkland and Linklaters, among others.
An amendment filed to the Digital Markets, Competition and Consumers Bill last week will allow the use of damages-based agreements (DBAs) for opt-out collective proceedings heard in the Competition Appeal Tribunal, but only for litigation funders. The proposed amendment responds to the Supreme Court’s decision in PACCAR in July this year, which ruled that litigation funding agreements that allowed funders to recover a percentage of damages were prohibited.
The judgment left funders racing to renegotiate existing agreements in order to be able to enforce them, despite remaining adamant that they were optimistic about the industry as a whole. If this amendment is successful, renegotiation will be unnecessary, as litigation funding agreements (LFAs) based on percentages will remain viable.
Allen & Overy has hired cyber security incident response partners, Ffion Flockhart, and Charlie Weston-Simons, with Flockhart taking on the role of global head of cybersecurity. The pair previously worked together at Norton Rose Fulbright, where Flockhart was global co-head of information governance, privacy, and cyber security. The team will assist clients with cyber incidents and managing data risks from prevention to response.
Meanwhile, Latham & Watkins has appointed Pamela Reddy as a partner in its white-collar defence and investigations practice in London. Reddy also moves from Norton Rose Fulbright. She advises on domestic and cross-border fraud, market abuse, bribery and corruption, and money laundering investigations, as well as public inquiries, internal investigations, workplace culture reviews and allegations following the #MeToo movement.
A criminal investigation has been launched into Axiom Ince, the Serious Fraud Office (SFO) announced today (14 November). Seven individuals have been arrested in connection with the investigation and searches have been carried out across nine sites.
More than 80 SFO investigators, alongside Metropolitan Police officers, went to locations across the southeast of England early this morning to search for potential evidence and bring in individuals for questioning.
Last week was a busy one for lateral hires, with a mix of City, regional and international firms announcing their newly acquired partners.
In New York, Allen & Overy lost partner Greg Lavigne to Sidley, who joined its energy, transportation and infrastructure group.