Baker & McKenzie has lured a partner from rival global behemoth DLA Piper for the second time in a month, this time taking a finance partner in Johannesburg.
Hiring spree continues as Skadden takes Freshfields non-contentious insurance head
Skadden, Arps, Slate, Meagher & Flom has continued its recent City hiring spree, recruiting Freshfields Bruckhaus Deringer’s non-contentious insurance practice head Robert Stirling as a corporate partner.
Building a base: Akin Gump launches London trainee scheme
Akin Gump Strauss Hauer & Feld is launching its first trainee scheme outside of the US in a move that will see it expand the programme established by the London office of Bingham McCutchen it recently consumed.
‘We are offering something new’: EY latest Big Four giant granted ABS licence
EY has become the latest accountancy giant granted an alternative business structure (ABS) licence by the Solicitors Regulation Authority, in a bid to provide ‘integrated, multidisciplinary’ legal services across England and Wales.
The Friday Edit: Bear markets, going postal and every little £263m helps
With the ill-advised Jack Daniels and coke I had forced on me at the back end of the British Legal Awards still making itself felt, the week is rapidly drawing to a close, so it’s time for The Friday Edit, our informal take on the notable legal events that happened since Monday. For subscriber content, click here for full access to Legal Business or email ‘mark.proudley@legalease.co.uk’ for more information.
A £2.2bn claim: Stephenson Harwood and McGuireWoods act as Vincent Tchenguiz files against Grant Thornton and Kaupthing
Following on from the high profile Tchenguiz brothers’ lawsuit against the Serious Fraud Office (SFO) in July this year, Vincent Tchenguiz has filed a further claim, this time for £2.2bn against five parties who allegedly conspired to instigate the failed investigation led by the SFO into the Tchenguiz brothers, Consensus Business Group (CBC) and the Tchenguiz Family Trust (TFT).
Targeting London: Proskauer set for Heron Tower and double its office space after City growth
New York-headquartered Proskauer Rose is set to double its office space in London with a move into the Heron Tower from its current base at 10 Bishops Square.
‘Not persuaded by the evidence’: Legal Services Board rejects SRA proposal to reduce minimum PII cover
The Legal Services Board (LSB) has today (27 November) published its decision on the Solicitors Regulation Authority (SRA) professional indemnity insurance (PII) application, and has refused a proposed reduction in the minimum level of PII cover from the current level of £2m to £500,000.
Partner exits mount: Edwards Wildman loses commercial litigation partner to GlaxoSmithKline
Pharmaceutical giant GlaxoSmithKline (GSK) is the latest to dip into the dwindling partnership at Edwards Wildman Palmer’s London office as it has emerged that commercial litigation partner, Antonio Suarez-Martinez, is leaving the firm for the corporate’s legal team.
‘Costs disputes is a growth area’: Thirty Nine Essex Street appoints former Senior Costs Judge
Leading set Thirty Nine Essex Street has yesterday (26 November) announced a major appointment, with Peter Hurst, former Senior Costs Judge of England and Wales at the Royal Courts of Justice, joining as an arbitrator and mediator.