The robots keep coming: DLA Piper makes major AI play with Kira software deal Legal Business Intent on driving automation throughout the business, DLA Piper has partnered with Canadian tech firm Kira Systems to launch an…
Bucking the trend: Shepherd and Wedderburn to re-enter Aberdeen with Pinsents hire Kathryn McCann Despite predictions of doom and gloom around Aberdeen and its oil and gas offering, Scottish LB100 firm Shepherd and Wedderburn…
Magic Circle meets big four – A&O teams up with Deloitte for pioneering JV targeted at banking giants Madeleine Farman In the first marquee joint venture between a Big Four accountant and a Magic Circle law firm, Allen & Overy…
US firms Simpson Thacher and Wilson Sonsini connect for Microsoft’s $26.2bn LinkedIn purchase Matthew Field Simpson Thacher & Bartlett and Wilson Sonsini Goodrich & Rosati have advised on Microsoft’s acquisition of professional social network LinkedIn…
Douglas to step down as CLLS boss ahead of new era of legal regulation Legal Business Alasdair Douglas will step down as chair of the City of London Law Society (CLLS) later this year as the…
Turf wars continue as SRA reiterates need for separation from Law Society in response to Treasury money laundering regime Legal Business In its latest plea for independence, The Solicitors Regulatory Authority (SRA) is making its case for separation from the Law…
Revolving doors: Osborne Clarke and RPC strengthen City practices as WFW makes major New York hire Legal Business Several LB100 firms have announced a range of lateral hires this week, with Osborne Clarke, Watson Farley & Williams (WFW),…
Holman Fenwick continues recruitment drive with HSF litigator Foster Sarah Downey Holman Fenwick Willan has recruited another key lateral to its City practice, this time with Herbert Smith Freehills (HSF) solicitor…
Financials 2015/16: Revenue growth slows at CMS as group posts 8.4% lift Legal Business CMS has reported revenue and profit growth for 2015, with turnover increasing 8.4% year-on-year to £735.2m, and profits up 6.8%.…
Comment: The Legal 500 perspective on EMEA – more ways than ever to skin a cat Mike Nash The shifting interests of international business are echoed in recent law firm moves across Europe, the Middle East and Africa…
Guest post: US associate pay – welcome to the New Mediocre Legal Business ‘New York To $190!’ was the long-running headline Above The Law printed frequently in more innocent and/or palmier days, with…
Making it official: ISDA appoints Tew Darras to GC role six months after the departure of longstanding Geen Legal Business Three months after it was confirmed the International Swaps and Derivatives Association’s (ISDA) longstanding general counsel (GC) David Geen had…
‘It’s all over now’: Terra Firma drops £2.3bn EMI claim against Citi Legal Business Terra Firma Capital Partners has withdrawn its £2.3bn claim against Citigroup just days after the trial started at London’s High…
Another lateral for White & Case as it appoints Freshfields finance partner Rubinoff Madeleine Farman White & Case has continued its rapid recruitment drive, hiring Freshfields Bruckhaus Deringer real estate finance partner Jeffrey Rubinoff.
In-house: Transport for London extends current panel by two years Kathryn McCann Transport for London (TfL) has extended its current panel by two years with a plan to re-tender in 2018, Legal…
Updated: Keeping up with the US – Freshfields and Clifford Chance match Cravath associate pay rates Legal Business In a bid to compete with its US rivals, Freshfields Bruckhaus Deringer and Clifford Chance have followed in the footsteps…
‘A fundamental change’: Bar Council sets out legal impact of Brexit in neutral report Legal Business The Bar Council has published an analysis of the impacts of Brexit in an attempt to provide a neutral analysis…
Barclays panel latest: More firms to pay up as bank extends value account scheme Legal Business Barclays is planning to extend the value account system it introduced in 2014, where law firms are required to pay…
‘A transformed business’: Mishcon de Reya unveils ten-year strategy Sarah Downey Following a year-long consultation with the partnership and external advisers, high-flying City firm Mishcon de Reya has revealed a refreshed…
Following suit: Four firms match Cravath associate pay boost Legal Business Predictions of a pay war have proved correct after four US firms followed Cravath, Swaine & Moore into bumping up…