Linklaters and HSF land roles as Aussie pension fund ups stake in £5bn King’s Cross redevelopment Legal Business As pension, sovereign and private equity funds rush to invest in prime London real estate, Linklaters has picked up a…
Latham takes another private equity partner from the Magic Circle as Linklaters’ Traugott departs Legal Business US firm Latham & Watkins has hired Linklaters‘ German head of private equity Rainer Traugott as it continues its aggressive…
News UK recruits Kingsley Napley partner McBride as general counsel Legal Business Rupert Murdoch-owned media giant News UK has recruited high-profile Kingsley Napley partner Angus McBride as its general counsel (GC), just…
Slater & Gordon plans closure of two UK offices Legal Business Months after the UK government announced unexpected personal injury reforms, Slater & Gordon is consulting on the closure of two…
US and Irish firms act on $16.5bn Tyco-Johnson Controls merger Jaishree Kalia Simpson Thacher & Bartlett, Wachtell, Lipton, Rosen & Katz, A&L Goodbody and Arthur Cox have all landed roles advising on…
Colt Group legal chief Saphra departs following structural review Legal Business Colt Group’s longstanding group general counsel Robin Saphra (pictured) has left the company following an internal structural review. He is…
Irwin Mitchell top earner pay falls as employee costs up 7%, accounts reveal Legal Business LB25 firm Irwin Mitchell has slashed the amount given to its highest paid earner by 30% from £1.22m to £849,000,…
Revolving doors: Withers and Watson Farley make City hires as A&O boosts Frankfurt and New York practices Legal Business In a busy week for lateral hires, Withers and Watson Farley & Williams (WFW) have made appointments in the City…
High Court cases against law firms down 47% in a year Legal Business The post-financial crisis wave of professional negligence suits against law firms appears to have passed, as RPC figures show a…
‘This is going to blow up’: tensions rise between the Law Society and the SRA as regulator seeks formal split Legal Business The ongoing dispute between the Law Society and the Solicitors Regulation Authority (SRA) has escalated after a row broke out…
RSA group GC Walsh to depart as rising star Heiss appointed legal chief Legal Business Insurance giant RSA’s longstanding group general counsel and company secretary Derek Walsh (pictured) is to leave the company at the…
Addleshaws staff costs rise as firm ups partner rewards, accounts reveal Jaishree Kalia Addleshaw Goddard‘s staff costs rose 12% from £57,000 to £63,600 in the 2014/15 financial year, the firm’s filings at Companies…
International moves: Bonelli recruits A&O Italy senior capital markets partner while BLP makes double Dubai hire Sarah Downey Italian firm BonelliErede, the European best friend of Slaughter and May, has made a key hire with Allen & Overy‘s…
Macfarlanes sticks by management duo, reappointing Martin and Howard until 2020 Legal Business In a conspicuously early move demonstrating confidence in its leadership, the partnership at Macfarlanes has re-appointed Charles Martin (pictured) and…
DAC Beachcroft takes £4m hit on failed IT project, LLP accounts reveal Legal Business National law firm DAC Beachcroft took a £4.39m hit on a failed IT project as it tried to change its…
Trainee retention rates: Herbert Smith, Weil and Trowers release figures Daniel Coyne Herbert Smith Freehills (HSF), Weil, Gotshal & Manges, and Trowers & Hamlins are the latest firms to publish their trainee…
US banking results: Goldman Sachs quadruples annual legal spend as others cutback Legal Business The major US banks released fourth quarter 2015 results this week, with Goldman Sachs blaming poor profits on legal costs,…
Ashurst hires DLA Piper arbitration head Saunders to boost City practice Jaishree Kalia After a slow churn of lateral partner hires in Ashurst‘s London office, the Anglo-Australian firm has kick-started 2016 by recruiting…
‘Criminal capability’: Cooley makes key appointment with Sullivan & Cromwell litigator Delahunty Legal Business Cooley has kicked off 2016 with further hires to its now year-old London office, adding prominent Sullivan & Cromwell litigator…
KWM reviews capital contributions ahead of refreshed global strategy Tom Moore Partners at King & Wood Mallesons (KWM) could be asked to inject more cash into the business as the firm…
