Revolving Doors: Linklaters hires former Herbert Smith Asia head as Clayton Utz and Norton Rose make key hires David Stevenson Herbert Smith Freehills recent internal confidence that its run of post-merger exits had come to an end has been dashed after…
Wall Street in London: Weil Gotshal and Davis Polk lead on $1.6bn takeover of UK’s Edwards Group David Stevenson As British industrial technology firm Edwards Group is today (19 August) bought out for $1.6bn by Swedish engineering group Atlas…
Against the grain: Kent CC’s legal arm introduces trainee programme as it unveils 20% rise in profits Sarah Downey As private practice firms including Allen & Overy downsize their trainee intakes the successful legal arm of Kent County Council has…
Personal injury: Slater & Gordon in talks to acquire Fentons Legal Business Further consolidation in the personal injury market looks set to take place next week after it emerged that acquisitive Australian-listed…
Private equity: CVC gifts Clifford Chance and Cleary Gottlieb with two major European mandates David Stevenson Followers of the tussle between UK and US private equity practices for European mandates were this week rewarded with an…
Asia round-up: DLA loses former Singapore head..again.. as Hill Dicks launches in Hong Kong Legal Business With all eyes trained on Asia the office fall outs and launches have been throw into far sharper relief. Losing…
Training contracts: A&O cuts 2015 intake by 15% and reveals retention rates alongside HFW and Olswang Sarah Downey Allen & Overy’s (A&O) decision today (15 August) to reduce its trainee intake by 15% in 2015 will be closely…
Guest post: Topline heroin – how global law became addicted to the wrong measure of success Legal Business One lens through which to view a large part of the corpus of business and management literature is that of…
Finance: Slaughters, Cravath and De Brauw secure Shell DCM work as Irwin Mitchell wins Wells Fargo as new client David Stevenson European corporates are showing greater reluctance than last year to tap into the debt capital markets but Royal Dutch Shell…
Revolving Doors: Macfarlanes, LG and Howes Percival boost commercial real estate as CMS takes on RPC reinsurance head Sarah Downey A resurgence in commercial real estate work has seen heightened lateral activity in the sector with hires by Macfarlanes, Lawrence…
NQ retention and pay: Good news for NRF and Bird & Bird but FFW puts 5 trainees on extended contract Sarah Downey If you see a rabble of trainees at the pub this lunchtime they may well be from Norton Rose Fulbright (NRF),…
Deal Watch: Dentons & King & Spalding act on HR Owen hostile takeover bid as Freshfields and Skadden secure Asian M&A roles David Stevenson While the traditional August lull in corporate work may have seen Asia relax, the giant is far from asleep and…
Trainee Retention: Hogan Lovells, Travers and RPC reveal numbers Legal Business The trainee retention rates rollercoaster continues to bring with it good news and bad as today firms including Hogan Lovells,…
We’ll take that: BPP’s university status welcome news amidst challenging times for education providers Sarah Downey With the Legal Education and Training Review (LETR) having just last month thrown down some spiky if not unexpected challenges to…
UK legal services regulation ‘steals a competitive march’ as Jacoby & Meyers launches European venture Sarah Downey Jacoby & Meyers is to establish a new joint venture in the UK as the major US consumer law firm…
Redundancy 2013: Watson Farley latest top 40 firm to review secretarial jobs Sarah Downey With 2013 offering all the dubious promise of being the toughest legal labour market since 2013, Watson, Farley & Williams…
Retention round up: mixed bag as Shoosmiths, Dentons, Taylor Wessing record reduced rates Sarah Downey Following last week’s round of positive trainee retention rates within a mix of Magic Circle, international and regional firms; the…
Hong Kong drive: Addleshaws makes foray into local law two months after HK launch Francesca Fanshawe Addleshaw Goddard’s objective to offer capability across the major disputes and arbitration centres has been given a boost by its launch…
Investment costs: Hill Dickinson partners vote through £2.8m cash call Sarah Downey It’s been a tough year for national firm Hill Dickinson. With both profit per lawyer and profit per equity partner…
Financial results 2013: Burness Paull (minus the Williamsons) outstrips Scottish rivals with post-merger results Sarah Downey In the first few months since its eye-catching merger at the beginning of December last year, Burness Paull has climbed…