First limb of Lloyds privatisation sees Slaughters and Freshfields win lead roles Legal Business Five years on from the collapse of Lehman Brothers, Slaughter and May and Freshfields Bruckhaus Deringer have won the leading roles on…
Kirkland opens up in Beijing to expand 65-lawyer Chinese operation Legal Business Kirkland & Ellis has expanded its sizeable Chinese footprint by opening an office in Beijing, the top 10 global firm…
Comment: Why the in-house triumph over law firms may prove short-lived Legal Business In the decade prior to the collapse of Lehman Brothers, an excess of work masked the corrosive effect to law…
Competition and Markets Authority wins over doubters as City nerves subside Sarah Downey After longstanding debate followed by a consultation launched by the Department for Business, Innovation & Skills (BIS) in March 2011,…
In-house: Lloyds Banking Group sees knock-on effect at senior level as it fills GC for group legal role Legal Business In-house promotions and moves often have a domino effect across the entire legal function and Lloyds Banking Group (LBG) is…
Swings and roundabouts: DLA Piper announces replacement Birmingham head and double hire as Patrick Somers joins from BLP Legal Business After losing Birmingham managing partner Mark Beardmore to Eversheds last week DLA Piper has announced his replacement plus a double hire to boot,…
In-house: Clifford Chance and Slaughter and May lawyers take senior roles at CMA, Shell and PwC Francesca Fanshawe Magic circle lawyers have this week filled a number of senior regulatory and in-house positions, with a Slaughter and May partner…
Hogan Lovells bolsters mental health and workplace stress measures in the wake of tragic IP partner suicide Legal Business Hogan Lovells has bolstered its policies and procedures around workplace stress and mental health in the wake of the tragic suicide…
Line up, line up: Twitter, Royal Mail and Foxtons go to market Legal Business After a flurry of initial public offerings (IPOs) earlier in the year, with Esure, Countrywide and Partnership Assurance among the…
Mergers push the top 100 firms back into double digit growth David Stevenson A wave of consolidation in the UK legal industry has sparked double digit growth among the top 100 law firms…
Asia Round-up: Linklaters and Sidley Austin hire in Hong Kong and Singapore while DLA suffers another Singapore exit Legal Business Magic circle lateral hires still happen comparatively infrequently but if they do happen, these days it’s quite often in Asia.…
Further DLA regional fall out as Eversheds hires Birmingham managing partner and head of technology Legal Business DLA Piper has suffered further regional losses as Birmingham managing partner Mark Beardmore and head of technology and sourcing Simon…
Record breaking $49bn Verizon bond issue sees Debevoise and Davis Polk secure lead roles David Stevenson Debevoise & Plimpton and Davis Polk & Wardwell have landed roles on Verizon Communication’s record breaking $49bn US bond issue. The deal…
Comment: The age of turbulence has only just begun for the UK’s top 100 firms Alex Novarese Respectable, yes, but 2012/13 was a tough year, even by the post-Lehman standards law firm leaders have become accustomed to.…
Trainee retention: Eversheds, Clyde & Co, CMS Cameron McKenna and Simmons reveal rates Legal Business The number of training contracts being offered by City firms may have dropped by over 20% but the recently revealed…
Revolving Doors: September ushers in hires for Bakers, Clyde & Co, Eversheds, Pinsent Masons and Irwin Mitchell David Stevenson A return to business as usual this September has brought a wave of lateral hires including 4,000-lawyer Baker & McKenzie’s…
Dysfunctional, inefficient and expensive: City Law Society responds to MoJ consultation on regulation Jaishree Kalia The City of London Law Society (CLLS) has responded to the Ministry of Justice’s (MoJ) call for evidence over concerns…
Don’t blame your shareholders for tax avoidance decisions, Farrer & Co report warns FTSE 100 bosses David Stevenson Company directors facing scrutiny over their low corporate tax bill are not able to effectively blame their decisions on their…
Redundancy watch: MMS loses 28 staff and Shakespeares launches consultation as Ashurst’s Scottish fallout continues Francesca Fanshawe Redundancy is a word that has been heard rather less over the quieter summer months but yesterday (9 September) Scottish…
Comment: If the mid-tier’s days are numbered why do they keep doing so well? Alex Novarese We’ve had five years of unforgiving conditions for law firms, everyone agrees. And in many respects that squeeze has had…
