Ordinarily a week advising on the AIM flotation of luxury cake and cafe chain Patisserie Valerie, which formally starts trading on Monday (19 May), could be viewed as relatively successful. But Osborne Clarke’s corporate partner Jonathan King has trumped his own efforts by also leading the top 35 firm in acting for Carphone Warehouse on its £3.6bn all-share merger with Dixon Retail, announced today (15 May).
ITV pulls in panel firms in new development programme as it launches ‘gold plated’ CSR scheme
ITV is taking steps to embed its law firms in the fabric of the organisation by involving them in a new programme of training and development with its lawyers, as it also launches a new, extensive social mobility iniative involving private practice pairings with Microsoft, Yahoo and MTV.
Nabarro launches in Manchester with hire of Addleshaws trio; CMS brings in BLP partner to head aircraft finance
Nabarro is set to launch an office in Manchester with the hire of a trio of real estate partners from Addleshaw Goddard as CMS Cameron McKenna also announced today (14 May) that it has hired Berwin Leighton Paisner (BLP) asset finance partner Keith Wilson, who joins to head up the top 10 UK firm’s aircraft finance practice.
‘The right to be forgotten’: Google led by Cleary dealt a blow by ECJ’s privacy ruling
After years of attempts by Brussels to tighten up Europe’s data privacy rules in the face of US lobbying, yesterday (13 May) the European Court of Justice (ECJ) achieved that effect by backing a ‘right to be forgotten’ against Google, in a blow for the search engine and advisers Cleary Gottlieb Steen & Hamilton.
Comment: Whose money making machine? Not all law firms will be richer in a bank-lite world
Cov-lite, cov-loose and even now cov-lame – in some pockets of the finance market we are back to the boom days. All we need is a couple of headstrong private equity partners to quit Linklaters for a more sponsor-facing platform and we’ll be right back to 2006. On second thoughts…
Hogan Lovells second top 10 firm to exit Prague in under a month
Transatlantic firm Hogan Lovells has become the second top ten LB 100 firm in recent weeks to announce it is withdrawing from Prague, blaming difficult market conditions.
Election fever: Clifford Chance corporate head Tinkler steps down as Nabarro prepares for first MP elections in 15 years
Clifford Chance (CC) private equity partner Simon Tinkler has stepped down from his role as London head of corporate after a four-year term, as top 30 LB 100 firm Nabarro gears up for its first managing partner elections in 15 years this summer, with current head Andrew Inkester expected to stand again.
Lord Chancellor Chris Grayling brought in on landmark ‘Opcotton’ legal aid appeal
The Lord Chancellor Chris Grayling has been brought in on today’s (13 May) landmark appeal challenging a Crown Court decision to stay a high value publicly funded serious fraud trial, after the defendants failed to find any barrister prepared to represent them on reduced legal aid rates.
Associate pay: Shearman raises English-qualified lawyers’ salaries by up to 6.4% across the board
Shearman & Sterling has announced a salary boost for its English-qualified lawyers, increasing pay levels across the firm’s three-tier merit based system by up to 6.4%.
Financial results 2014: TLT’s ascendancy continues as it posts 18% revenue growth
The second top-60 UK firm to unveil a high double-digit turnover increase this week, TLT today (13 May) announced that its 2013/14 revenue has increased by 18% from £49m to £57.9m, almost doubling the 10% growth posted last year.