Forward thinking: Ashurst appoints independent non-execs to its board Jaishree Kalia Ashurst has taken the unusual step of appointing two high level non-executive directors to its board as the firm beds…
Deal Watch: Magic Circle advises on headline debt deals as re-financing work keep advisers busy David Stevenson In a dire market for new money M&A, debt restructuring continues to be a lifeline for major advisers with Freshfields…
Financials update: Taylor Wessing increases global revenues by 7%; UK up 4% Legal Business Taylor Wessing has posted modest turnover growth after an expansive 2012, announcing its global revenue for the financial year 2012/13…
Revolving Doors: King & Spalding, Olswang and Sullivan & Cromwell in key partner hires Legal Business The past week saw a clutch of firms including Kennedys, Olswang, King & Spalding and Sullivan & Cromwell make key…
Norton Rose Fulbright announces global practice heads as Withers chair moves to New York Legal Business Both Norton Rose and Withers have made changes to their senior management, with one entering a seven-day countdown to its…
Guest post: The real ‘scumbag criminal’ is still free – a matter at democracy’s heart Legal Business ‘Injustice anywhere is a threat to justice everywhere’ – Martin Luther King – Letter from a Birmingham Jail – 16…
Redundancy watch: Clyde and Eversheds confirm job losses as cuts keep coming David Stevenson The run of gloomy news regarding job cuts continues with Clyde & Co and Eversheds this week confirming job losses…
Asia round-up: Morrison Foerster and Quinn Emanuel expand in Asia Legal Business Singapore has been in focus over the past week after Morrison Foerster launched an anti-corruption practice and as UK and…
Bercow guilty of libel over ‘innocent face’ tweet Legal Business Users of social media took careful note today as the High Court ruled that a tweet published by Sally Bercow…
Global London rises – Sullivan & Cromwell signs up Linklaters partner for finance push Jaishree Kalia After years of conservative City growth, further signs emerge this week of Wall Street’s finest pushing into mainstream UK work…
Not so private client – Speechly Bircham and Withers call off high-profile merger bid Legal Business Merger talks between private client law firms Speechly Bircham and Withers have been abandoned, the firms announced today (23 May).…
Headline Deals: Ashurst takes lead for Commerzbank and Morrisons Francesca Fanshawe Ashurst is leading on two headline deals announced this week as Germany’s Commerzbank enters talks to sell a £4bn UK…
Closed shop: Law Society report shows sharp fall in training contracts Sarah Downey Entering the legal profession has become harder than ever, with the latest Law Society data revealing that the number of…
Italy: Hogan Lovells trio departs to Ernst & Young while Bonelli changes management Legal Business Hogan Lovells’ Rome office has lost partners Gianroberto de Giovanni, Massimiliano Marinozzi and Paolo Ricci to Ernst & Young. The…
Redundancy watch: Trowers the latest top 50 firm to announce fee-earner job losses Jaishree Kalia Trowers & Hamlins has made four fee-earners and three secretarial staff redundant in the last three months, the firm confirmed…
Can you be sure of Shell? Coveted oil giant unveils new panel Legal Business Eleven firms, including Allen & Overy (A&O) and Baker & McKenzie, have been successful in winning a place on Shell’s…
A&O falls behind on associate pay table as it announces a freeze Jaishree Kalia Allen & Overy (A&O) has become the latest of the Magic Circle to reveal that it is holding its associate…
Cadwalader focuses on Europe with London restructuring hires David Stevenson US firm Cadwalader, Wickersham & Taft is focusing its restructuring practice on Europe with the hire of partners Holly Neavill…
Guest post: Forget Dewey – what you need to be assessing on strategy and partner pay Legal Business Law firm managers who are planning large-scale, hubristic expansion-by-acquisition should study the Dewey & LeBoeuf morality play very closely. The…
Disruptive Models: ABS tally for 2013 reaches 2012 level as Shakespeares becomes latest to convert Legal Business The number of firms granted alternative business structure (ABS) status in 2013 has now hit the same level as for…
