Deutsche Bank litigation costs jump as bank reports small profit Legal Business Deutsche Bank has increased its litigation provisions from €5.5bn to €5.9bn for the third quarter of this year, while the…
KWM halts recapitalisation as four heavyweights announce exits Legal Business The beleaguered European arm of King & Wood Mallesons has been hit today (27 October) with yet another blow as…
Mishcon leader Gold to stand for final term as managing partner Legal Business Mishcon de Reya has kicked off the process for electing its managing partner, with current leader Kevin Gold indicating to…
‘A weaker moral compass’: Study reveals one in five law students would falsify time records Georgiana Tudor More than one in five law students surveyed in the UK and the US admit they would falsify time records…
Willkie Farr takes top KWM biller to launch competition practice in the City Legal Business King and Wood Mallesons (KWM) has lost another heavy-hitter as competition partner Philipp Girardet exits the firm to set up…
Corporate partner takes helm of DLA Piper’s City office Kathryn McCann DLA Piper has appointed corporate partner Tom Heylen as London managing partner, taking over from Lord Tim Clement Jones, who…
BLP and Pinsents advise Heathrow as government approves plans for third runway Kathryn McCann Pinsent Masons and Berwin Leighton Paisner (BLP) have advised Heathrow Airport on the planning process up to the government’s decision…
Bringing home Bacon: Kirkland takes US private equity partner from Freshfields Legal Business Kirkland & Ellis has gone back to Freshfields Bruckhaus Deringer for another lateral hire, this time taking corporate partner Doug…
Legal education: Another exit for ULaw as Platis quits after five months Legal Business The third chief executive in the last year to take the helm of the University of Law (ULaw) has now…
‘A vital role’: Siemens former legal chief Carless joins mental health charity Legal Business Siemens’ longstanding UK general counsel and company secretary Claire Carless has left her role to head up the legal division…
First Osborne Clarke LLPs show revenue up as highest paid member takes home 22% more Kathryn McCann Osborne Clarke (OC) has published its first set of LLP results for its UK and US offices which show an…
High-profile BP general counsel Bondy to move to Reckitt Benckiser Kathryn McCann BP’s group general counsel (GC) Rupert Bondy, one of the most high-profile in-house leaders in the community, is to step…
‘A brave new world’: City firms anticipate further changes after new white collar reforms introduced Legal Business City lawyers anticipate more cooperation between the public and private sectors as the introduction of the Criminal Finances Bill into…
US quartet line up on AT&T’s $85.4bn takeover of Time Warner Legal Business Demonstrating dominance in their home market, four US firms have taken advisory roles as AT&T has offered to acquire Time…
Addleshaws restarts salary review for all staff and pledges to backdate increases Kathryn McCann Addleshaw Goddard has restarted its delayed salary review for all staff, including the annual review of fixed profit share for…
Eversheds defends £100m Northern Rock claim over allegations of professional negligence Kathryn McCann Eversheds is being sued by Northern Rock Asset Management (NRAM) over allegations of professional negligence, in a claim worth £100m.
Revolving doors: Ropes & Gray takes HSF finance partner as Harbottle & Lewis makes private client play Georgiana Tudor Ropes & Gray has strengthened in the City as Harbottle & Lewis has made a major private client play. Meanwhile,…
Herbert Smith Freehills and Cravath act as BAT lights up $47bn Reynolds takeover Georgiana Tudor Herbert Smith Freehills (HSF) and Cravath, Swaine & Moore are advising British American Tobacco (BAT) on its offer to acquire…
Mishcon and Hogan Lovells line up as KWM takes case against Goodwin Procter over PE team Legal Business Mishcon de Reya and Hogan Lovells are to face off as King & Wood Mallesons (KWM) issues a claim against…
Nabarro drops out of European alliance as three-way merger talks continue Matthew Field Nabarro is to lose its seat in the five firm Broadlaw Group as a consequence of its merger plans with…