Selling icons: Bakers and Taylor Wessing lead on Gherkin sale to Safra Group while Magic Circle duo act on Canary Wharf bid Sarah Downey Baker & McKenzie and Taylor Wessing have helped finalise the sale of London’s iconic Gherkin building to the Safra Group…
Dealwatch: Lathams, Linklaters and HSF lead on $700m Dealogic sale Legal Business Lathams & Watkins, Linklaters and Herbert Smith Freehills have all won roles advising on The Carlyle Group and Euromoney Institutional…
A symbolic blow as Debevoise hires HSF’s Asia head as senior partner race down to Palmer vs Crean Legal Business Given the huge strategic weight being placed on the Asia network of Herbert Smith Freehills (HSF), the jewel in the international…
The Friday Edit: Glory days for HSF obsessives and Baker Mac to phase out last legacy of franchise pay Legal Business Somehow the week has flown by so it’s already time to welcome readers to The Friday Edit, our informal take…
‘Privilege is now seen as a fundamental human right’: British intelligence agencies face spying on lawyers allegations Legal Business The Investigatory Powers Tribunal (IPT) has heard that legal privileged documents between lawyers and their clients may have been targeted…
Cutting the roster: After major acquisitions, Cofely set to create first legal panel Legal Business Cofely, a subsidiary of French energy giant GDF Suez, is to establish its first legal panel in a bid to…
Streamlining: Dentons loses second global real estate co-head this year, with Winckworth Sherwood bolstering its team Legal Business LB 100 firm Winckworth Sherwood has bolstered its real estate team with the hire of Dentons’ global co-head of real…
Third party funding: Therium steps in to bankroll Lloyds group action Legal Business In what constitutes the latest major bailed-out bank facing a shareholder dispute, third party financier Therium Capital Management is understood…
Comment: The cost of culture – HSF finds mega-mergers always come at a price Legal Business This month’s cover feature on Herbert Smith Freehills (HSF) looks in hindsight like the end of an informal trilogy on…
Nearshoring: Hogan Lovells hires ten-strong associate team and acquires new office space for Birmingham venture Legal Business Having confirmed in early spring the launch of a new cost-efficient legal services centre in Birmingham, Hogan Lovells has hired…
Dealwatch: Freshfields, Taylor Wessing and Linklaters advise on Jaffa Cake manufacturer United Biscuits sale Legal Business Freshfields Bruckhaus Deringer, Taylor Wessing and Linklaters have won the lead roles advising on the sale of UK-based United Biscuits…
Guest post: The West Lothian Question – a few thoughts Legal Business The so-called West Lothian question is a political and not legal question. It was asked as long ago as 1977…
Partner promotions: 20% of Ropes & Gray new partners in London while McDermott adds three Legal Business Ropes & Gray and McDermott Will & Emery are the most recent US firms to announce their partner promotions, with…
‘We will continue to review and innovate in this area’: Baker & McKenzie overhauls pay structure in Europe and Asia Tom Moore The world’s largest law firm, Baker & McKenzie, is set to overhaul its longstanding remuneration system in Europe and Asia,…
‘Taking its time to reflect on the next phase’: Kennedys CEO steps down without a successor in place Legal Business Kennedys chief executive officer Guy Stobart has announced he will stand down at the end of 2014 after five years…
‘How not to conduct investment banking’: Addleshaws defeats Mayer Brown in UBS Commercial Court derivatives battle Sarah Downey Banking giant UBS has been defeated in the Commercial Court today (4 November) over a $340m dispute it mounted against…
Revolving Doors: OC, Paul Hastings and Reed Smith bulk out their City offerings as HSF loses legacy Freehills partner in Singapore Legal Business Last week, Osborne Clarke, Reed Smith and Paul Hastings all expanded their City practices, while Clayton Utz hired Herbert Smith…
‘One man one vote’: HSF set to vote for new senior partner as Jonathan Scott decides to step down early Legal Business Jonathan Scott, who began a five-year term as senior partner at Herbert Smith Freehills in May 2010, will step down…
ABS latest: Kennedys wins licence to maintain non-lawyer partners Legal Business Insurance specialist Kennedys has received approval from the Solicitors Regulation Authority (SRA) to become an alternative business structure (ABS). The…
