A $2.9bn cost – US bank results reveal lenders still suffering from high legal expenses Legal Business US banks have started to announce their results for Q4 2014, revealing a large hit to balance sheets from legal…
Growing in the City: DWF expands corporate and banking team with two lateral hires Kathryn McCann DWF has carried on its recruitment drive in the City with the appointment of Ince & Co‘s head of corporate…
Sole adviser no more: Severn Trent to appoint at least two firms on new roster Kathryn McCann FTSE 100 water company Severn Trent is set to move away from its sole advisor mandate with Eversheds, Legal Business…
‘Banging his head against the wall’: Justice secretary makes limited concessions as Commons passes judicial review reforms Legal Business The government has amended the Criminal Justice and Courts Bill to reintroduce further discretion in holding judicial reviews, helping the…
Heading to the bar: Hogan Lovells streamlines dual management role as former arbitration co-head leaves Legal Business Hogan Lovells’ former co-head of international arbitration, Simon Nesbitt, is set to depart the firm and join the Bar, a…
Taking Silk: 93 appointed QC but level of female applicants remains ‘stubbornly low’ Legal Business The appointment of 93 new Queen’s Counsel (QC) has been announced this morning (14 January), with the number of females…
Online service take two: Allen & Overy re-launches e-business Jaishree Kalia Allen & Overy (A&O), which recently has set the pace for providing alternative service delivery models such as its PeerPoint…
Succession planning: RBS appoints new group GC as Chris Campbell steps down Kathryn McCann Deputy general counsel (GC) John Collins has replaced Chris Campbell as the group GC of the Royal Bank of Scotland as Campbell…
‘Redefining leadership’: Hogan Lovells teams up with Oxford Said Business School on partner leadership programme Legal Business Hogan Lovells has begun piloting a new leadership programme for experienced partners with Oxford Said Business School, an initiative which…
Go your own way: Lawyers at Covington & Burling and DLA Piper leave to launch boutiques Legal Business Having watched an increasing number of their peers depart during 2014 to launch boutique law firms, Covington & Burling‘s co-head…
Routes into law: Queen Mary teams up with Reed Smith on ‘degree with apprenticeship in law’ Legal Business US law firm Reed Smith and Queen Mary University in London have created the first degree with an apprenticeship in…
First claim of the year: Allen & Overy selected by energy giants to sue Spain in large arbitration claim Tom Moore Nine investors in Europe’s largest solar power plant, including German energy giant RWE, have instructed Magic Circle firm Allen &…
Revolving doors: New Year moves at Eversheds, DLA Piper and HFW Legal Business Many City partners got the New Year started at new firms, with Eversheds, DLA Piper and Holman Fenwick Willan (HFW)…
Planning to ‘make a big impact’: Cooley raids Edwards Wildman and MoFo’s City offices to launch in London Legal Business US firm Cooley has made its long-awaited entrance to the London legal market, taking partners from Morrison & Foerster and…
‘Nothing is off the cards’: Kennedys launches in Scotland with plans to double headcount Legal Business Insurance firm Kennedys has finally entered the Scottish market with the launch of two new offices in Edinburgh and Glasgow.
Asia: Reed Smith establishes South East Asia corporate practice as Greenberg launches in Tokyo Legal Business Reed Smith has hired Stephenson Harwood’s South East Asia head of corporate Matt Gorman to launch a corporate practice in…
‘A watershed moment’: Q&A with Cooley’s CEO on the firm’s London launch and philosophical decisions Legal Business Joe Conroy, chief executive of tech focused Californian firm Cooley, talks to Tom Moore on why it was harder to…
‘The pharma sector is very busy’: Slaughters, Davis Polk and Skadden win roles on Shire’s $5.2bn acquisition Legal Business Slaughter and May was called upon by longstanding pharmaceutical client Shire on its biggest acquisition to date as it purchased…
Cheers: Heineken UK gifts DLA Piper with principal legal adviser role Legal Business After much speculation and a lengthy review, the UK arm of global beer and cider producer Heineken has announced the…
Asia-Pacific: Cadwalader raids Latham’s Hong Kong office for seven lawyer team Tom Moore Michael Liu, who was co-head of Latham & Watkins‘ Greater China practice and was formerly managing partner of its Hong…