CC and partner Panayides fined £50,000 each by SDT over Excalibur saga Tom Baker Clifford Chance (CC) and its disputes partner Alex Panayides have both been fined £50,000 by the Solicitors Disciplinary Tribunal (SDT)…
US bonuses: Magic Circle follows Wall Street standard with bonus freeze as associate reward season comes round again Mark McAteer Allen & Overy and Clifford Chance have kept top-level US associate bonuses static at $100,000 for the fourth consecutive year,…
Deal watch: Linklaters and White & Case in landmark Africa project as Slaughters and Macfarlanes lead on Cineworld takeover Marco Cillario UK-based deal specialists were busy this week advising on cross-border transactions spanning three continents. Linklaters and White & Case have…
In-house: Aviva appoints new UK insurance head as RBS ends search for legal operations chief Hamish McNicol FTSE 100 insurer Aviva has appointed former Bupa UK legal director Alison Gammon as its UK Insurance general counsel (GC)…
Ashurst and Hogan Lovells win roles on Palmer & Harvey administration as takeover plan goes up in smoke Nathalie Tidman City firms have landed lead mandates on the administration of beleaguered British tobacco wholesaler Palmer & Harvey (P&H) following the…
‘Opportunistic’: Sidley Austin taps Simpson Thacher for brace of London private equity lawyers Nathalie Tidman With demand for City-based buyout specialists greater than ever, Sidley Austin is making good on its strategy of bolstering its…
International doubles – Bird & Bird and Herbert Smith Freehills open new hubs in Amsterdam and Sydney Marco Cillario Bird & Bird continues to invest in its international operations, launching its second Dutch office in Amsterdam 16 years after…
Clifford Chance partner Panayides to face SDT over Excalibur involvement Tom Baker In another twist in the Excalibur professional negligence saga and a clear sign of the Solicitors Regulation Authority (SRA) clamping…
‘Meagre and inadequate’: Hammond’s Budget sees £600m stripped from Ministry of Justice Tom Baker While yesterday’s (22 November) lukewarm autumn Budget saw fresh cash boosts handed out to the NHS and Ministry of Defence…
Sector focus vindicated for Watson Farley & Williams as it maintains pace with 13% H1 revenue surge Tom Baker After quietly establishing itself as one of the LB100’s strongest performers in the last financial year, Watson Farley & Williams…
Cleary Gottlieb makes London disputes play as Herbert Smith Freehills loses seasoned partner Tom Baker The continued dominance of US firms in the City lateral market shows no sign of slowing, with Cleary Gottlieb Steen…
Financials 2017/18: CMS claims 25% profit hike post-merger as DWF’s top line grows 23% Marco Cillario CMS UK has today (20 November) claimed profits have grown 25% in the six months since its three-way merger with…
Second Ashurst partner exit this week as disputes specialist Giaretta joins Mishcon de Reya Nathalie Tidman Ashurst has seen its partner bench further diminished with the departure of disputes stalwart Ben Giaretta to Mishcon de Reya.…
The Brexit effect: Bristows to open first international office in 180-year history with Brussels launch Marco Cillario Technology and life sciences specialist Bristows is to open in Brussels next year in a move that underlines the impact…
Dentons targets in-house lawyers as it adds new consultancy service to Nextlaw family Marco Cillario Dentons has embarked on yet another chapter in its experimentation with the legal services model as the 8,000-lawyer giant announced…
‘A milestone’: Keystone becomes third UK law firm to float on London Stock Exchange Kathryn McCann Following the trail blazed by Gateley two years ago and Gordon Dadds this summer, New Law player Keystone will become the…
Comment: What’s the point of Baker McKenzie? (And does Paul Rawlinson have an answer?) Alex Novarese Ever wonder what Baker McKenzie is waiting for? The firm once had a crystal clear market position as the only…
Letter from… Frankfurt: Where political deadlock is fine for business… but not all lawyers Marco Cillario What a difference a few hundred miles can make: an election not resulting in a clear majority; a government polling…
Ashurst sees second City corporate departure to US firm in as many weeks Nathalie Tidman Ashurst’s beleaguered M&A practice has received a fresh blow as corporate partner Dominic Ross departs for the City office of…
Freshfields ushers in sweeping reforms to ditch heritage as lockstep shop in hugely symbolic move Alex Novarese Freshfields Bruckhaus Deringer has pushed through a wholesale overhaul of its partnership structure that will see top earners bringing home…
