US bonus season: Boies Schiller, Cahill Gordon and Sidley among leading US firms to unveil numbers Legal Business Since New York elite firm Cravath, Swaine & Moore kicked off the US bonus season at the start of December with…
Guest post: Too close for comfort – Research concludes the Bar Council has ‘undue influence’ over regulation Legal Business The Bar may be collegiate, but are the Bar Council and the Bar Standards Board (BSB) too close? Have you read…
Countdown to closure as 117 law firms fail to obtain PII Jaishree Kalia Over 100 law firms have less than two weeks to obtain professional indemnity insurance (PII) failing which they must close…
Unsettled forecast for 2014 as MoJ unveils court fee consultation and CBA announces legal aid strike Legal Business Following a year of protests over legal aid cuts and court reforms from a profession better known for its quiet…
Revolving doors: Debevoise picks up second experienced HSF litigator David Stevenson US firm Debevoise & Plimpton has announced that Tony Dymond, former co-head of Herbert Smith Freehills (HSF) Seoul office, will…
Leadership: Eversheds favours client management specialist Paul Smith in chairman vote Jaishree Kalia Eversheds has named litigator and former Tyco relationship partner Paul Smith as its next chairman as current incumbent John Heaps…
Fraying consensus – Law Society mired in controversy again as leadership loses legal aid confidence vote Sarah Downey The fall-out over the Government’s highly controversial legal aid reforms continues as the Law Society‘s leadership today (17 December) lost…
Comment: The battle for talent and other phoney wars Louise Ashley Since McKinsey & Co first coined the term in 1997, the ‘war for talent’ has been the focus of a…
Clifford Chance wins double pharma mandate as Merck buys AZ Electronic Materials and Amdipharm buys Acbur David Stevenson With the pharmaceutical industry driving a number of recent high value M&A deals, Clifford Chance has won mandates on two significant instructions in…
Commercially minded: Allen & Overy chooses BPP for business-focused LPC David Stevenson In what constitutes a major overhaul of its training programme, Allen & Overy (A&O) has announced today (16 December) that…
Consolidation watch: serial acquirer Shakespeares targets City practice through Davenport Lyons merger David Stevenson It may not have attracted as much attention as DWF this year but Midlands challenger firm Shakespeares shows no sign of…
Comment: The New New Normal – a changing market beckons for 2014 Legal Business The last three years have drawn to a close heralding another 12 months much like those that went before: depressing.…
LLPs face hike in tax bills as legislative changes target salaried partners David Stevenson Limited liability partnerships (LLPs) are facing significantly increased tax bills after HM Revenue & Customs (HMRC) issued draft legislation this week…
Quinn makes record number of promotions as US firms announce partner elections Jaishree Kalia US firms have begun to announce their partnership promotions with Quinn Emanuel Urquhart & Sullivan making the largest number of…
Buy-side story: how CMS and Dundas & Wilson finalised their surprise merger Sarah Downey Talk to any partner at Dundas & Wilson in the early 1990s – when Cameron McKenna launched its fledgling oil…
Management overhaul for KWM SJ Berwin as dual corporate heads replace Davis Legal Business As King & Wood Mallesons SJ Berwin beds down its $1bn merger the Sino-Australian and UK giant has announced further changes…
In-house hires – TSB appoints Post Office GC as legal head as Mercedes-Benz fills top spot Legal Business Following its split from Lloyds, TSB Bank has announced the appointment of former Post Office general counsel (GC) Susan Crichton…
Guest post: A cannon fodder shortage looms as LPC and trainee numbers head for market over-correction Richard Moorhead Nigel Hudson has written an interesting post on LPC numbers. He says (among other things): ‘The number of students enrolled…
Updated merger watch – CMS completes successful tie-up with Dundas & Wilson Caroline Hill CMS Cameron McKenna and beleaguered Scottish firm Dundas & Wilson have merged, the firms announced this evening (12 December), creating a…
Revolving Doors: Strategic growth for A&O, Eversheds, Wiggin, Dentons, Field Fisher and Olswang Jaishree Kalia In the last major round of hires before 2013 draws to a close, Allen & Overy (A&O) has boosted its international…