‘It’s not surprising’: Six finance partners leave Freshfields in practice shake-up Legal Business Changes follow on from 2016 strategic review Six finance partners left Freshfields Bruckhaus Deringer at the end of April, with…
‘Glaring defaults’: SDT hits Clyde & Co with record fine under anti-money laundering rules Legal Business In the joint-largest fine ever handed down to a law firm, in March Clyde & Co was hit with a…
‘Just get on with it’: City partners fear yet more uncertainty ahead of general election Legal Business As Theresa May’s call for a general election on 8 June came as a surprise to many in the City,…
‘The real work starts now’: profession reacts as regulator makes radical changes to legal training Legal Business Super-exam to be used from September 2020 Despite some considerable hostility, the Solicitors Regulation Authority (SRA) announced last month that…
City partners eye white-collar crime mandates as Tesco plea bargain gets green light Legal Business Tom Baker speaks to corporate crime specialists as Freshfields advises supermarket on UK’s fourth-ever DPA and hires top SFO lawyer…
DLA Piper resolute as it shuts down three minor offices in a month Kathryn McCann Senior management discuss closures in non-essential markets Simon Levine, DLA Piper’s global co-chief executive, has said that the firm’s recent…
CC takes first major transaction for Prudential Capital as government sells off loans Legal Business Clifford Chance (CC) has picked up its first significant deal for Prudential Capital Group in the UK government’s £11.8bn sale…
Linklaters wins Bovis mandate over Freshfields as Slaughters and Camerons advise bidders Legal Business In response to a pair of competing takeover bids, Linklaters won the mandate to advise the target Bovis Homes, taking…
The Finance View – City finance teams pick spots as direct lending market hits the mainstream Legal Business Victoria Young assesses the advisers targeting the alt lending crowd ‘Almost every partner in our team is working on a…
News in brief – May 2017 Legal Business PINSENTS LAUNCHES IN MADRID Pinsent Masons has launched in Madrid, the firm’s third international office in less than a year.…
Deal watch: Corporate activity in May 2017 Legal Business MAGIC CIRCLE ADVISE ON VODAFONE’S INDIA MERGER Slaughter and May, Allen & Overy (A&O) and local advisers S&R Associates, Vaish…
Life during law: Ray Berg, Osborne Clarke Kathryn McCann My dad was a cab driver and my mum a factory worker. She was also a photographer’s assistant and met…
‘Needed a degree of reinvigoration’ – Linklaters reviews banking equity points Legal Business City firms restructure rewards as practices move from traditional lending Linklaters has undertaken a review of equity points in its…
Freshfields gives power to associates to pitch for fintech clients Legal Business While other Legal Business 100 firms such as Slaughter and May and Simmons & Simmons are giving free legal advice…
City elite dominates again as Deutsche Bank nears conclusion of panel review Legal Business Panel firms resist attempts to remove junior lawyer fees from pricing While more than a dozen firms – including the…
Consolidation continues as Browne Jacobson targets top 50 through Beale & Co talks Kathryn McCann Midlands-based Browne Jacobson is in late-stage merger talks with London-based construction and insurance specialist Beale & Co to create a…
‘Reputation is catching up with reality’: White & Case and Bakers enjoy City revenues gains as rivals stall Matthew Field London turnover down at Akin Gump, Debevoise and Reed Smith The London outposts of leading international firms reported mixed results…
‘An extremely big deal’: profession lays out key threats as article 50 triggered Georgiana Tudor Linklaters gives evidence to Lords Committee on Brexit impact City firms have voiced their concerns over Britain’s arrangements to leave…
Focus on quality and cost in government panel review sees Magic Circle take reduced roles Legal Business Roster reduced from 48 to 18 firms following Crown Commercial Services review Eighteen firms have been appointed to the Crown…
‘We won’t stop’: A&O management team on building out in the US and breaking lockstep Madeleine Farman Allen & Overy (A&O)’s management is bullish about the Magic Circle firm’s US expansion plans, having broken lockstep twice in…
