‘An aggressive timetable’: Macfarlanes, Reed Smith and Travers line-up on largest main market IPO of 2017 so far Legal Business Macfarlanes, Reed Smith and Travers Smith have all advised on Xafinity’s £190.3m flotation, in what is the largest premium main…
Update: Freshfields targets Ashurst for five-partner private team as legal elite tightens grip on premium funds clients Madeleine Farman Freshfields Bruckhaus Deringer is to punch a major hole in Ashurst’s European private equity practice with the City giant voting on…
Cutting the cord – Allen severs Ropes ties to focus on new role as DLA Piper continues finance push Kathryn McCann Raconteur, rainmaker and serial legal entrepreneur Maurice Allen is to phase out his ongoing role with Ropes & Gray to focus…
Middle East exodus continues: Weil shuts Dubai arm despite rebound year as PEP cracks $3m Legal Business Weil, Gotshal & Manges is to close its Dubai arm this summer, making the top 25 global law firm the…
A $50m hike sees Akin close on $1bn mark but City revenues slide; Cads shrinks again Tom Baker US restructuring and energy leader Akin Gump Strauss Hauer & Feld piled $50m on to its top line in 2016 to…
Bar Council hikes PC fee as figures show elite barristers raking in £600m-plus a year Legal Business Fortunes at the Bar remain sharply split between haves and have-nots, with new research projecting just over 2,000 barristers now…
Revolving doors: Homebase appoints legal head as Clydes, Dentons and Pinsents improve overseas offerings Legal Business Homebase has hired its first legal head, as Clyde & Co, Dentons and Pinsent Masons all make international appointments.
Money machines: SFO spending on AI tops Slaughters as investigators use software in Rolls-Royce case Matthew Field The Serious Fraud Office (SFO) is using artificial intelligence technology from RAVN Systems to work on its most important cases…
Comment: HSF – At least one Down Under revolution worked Legal Business As Barclays sifts through the wreckage of King & Wood Mallesons‘ European practice and claims of fresh departures swirl around…
For sale: Clifford Chance leads as the Co-op Bank looks for buyers Legal Business Clifford Chance (CC) is advising the Co-operative (Co-op) Bank as the high street lender is inviting offers to buy all…
A buzzword with edge – Macfarlanes head reviews the most hyped professional services book for years Legal Business Collaboration within a law firm is as self-evidently a good thing as motherhood and apple pie. But then you might…
‘A relentless treadmill’: Nearly half of senior judges are considering quitting amid pay and workload grievances Legal Business The most recent Judicial Attitude Survey has revealed that a high proportion of senior judges are intending to quit the…
Taking action: HSF sues partners who quit to launch White & Case in Australia Legal Business Herbert Smith Freehills (HSF) is suing eight partners who quit to join White & Case, filing a lawsuit at the…
Linklaters leads for Reckitt Benckiser on $17.9bn acquisition of Mead Johnson Legal Business Linklaters, Davis Polk & Wardwell and Kirkland & Ellis have all won roles advising on Reckitt Benckiser’s (RB’s) $17.9bn acquisition…
High Court rules Dechert bill discrepancy ‘impossible to ignore’ Legal Business The High Court has ruled that Eurasian Natural Resources Corporation (ENRC) will now have its multimillion-pound bills from Dechert assessed…
Ashurst refreshes Hong Kong outpost with Linklaters hire Madeleine Farman Ashurst continues to bulk up its Asia Pacific offering with the hire of Linklaters partner PH Chik to its Hong…
‘Major implications for solicitors’: Law Society backs Mishcon in Dreamvar property fraud case Legal Business The Law Society is considering intervening in a negligence case between Mishcon de Reya and its former client, Dreamvar, after…
Legacy Norton Rose partnership given limited voting rights on Chadbourne merger Matthew Field Partners at legacy Norton Rose‘s European business will get a limited vote on the firm’s next potential US merger with…
Comment: There’s value in CMS’ purchase and one big hurdle ahead Alex Novarese In the wake of the eye-catching tie-up of CMS Cameron McKenna, Nabarro and Olswang, Legal Business noted last year that…
In-house: BP starts panel review under new general counsel Legal Business BP has commenced a review of its panel of legal advisers, marking the oil giant’s first revamp since 2014. The…
