Ashurst faces senior departures after key merger goes live Jaishree Kalia It’s not been the ideal launch after the final phase of its high-stakes global merger. Within days of the union…
Shearman settles controlling stake in Co-operative Bank for US hedge funds David Stevenson Behind the scenes of the first-ever creditor bail-in of a bank in the UK. Last month The Co-operative Group’s £1.5bn…
Life During Law: Marco Compagnoni Legal Business I’m a forward-looking type of guy. Looking back on your career is something you do when you’re retiring. At the…
Bond Dickinson wins AIG tender for volume contract work Caroline Hill Merged regional giant beats four rivals for out-of-London mandates Following a competitive tender process between five of its panel law…
Half-year financial results point to relative revival at leading UK firms Legal Business Cyclical departments increasing contribution to bottom line As an analytical tool half-year figures may be superficial but as a litmus…
Consolidating pharma giants to drive global M&A as advisers secure major deals from Novartis and Shire Legal Business The pharmaceutical industry is the driving force behind a number of recent high-value M&A transactions as drugs companies look for…
Bristol tussle over Simmons’ hire of Mahrie Webb from Burges Salmon Legal Business Negotiations are still underway between Burges Salmon and Simmons & Simmons over the start date of funds partners Mahrie Webb, who…
Pannone presses for S&G deal in wake of failed Cobbetts bid Legal Business Having previously pursued a merger with the now defunct Cobbetts (as it turned out, a lucky reprieve), Pannone’s current discussions…
Ashurst says ‘no’ to Geffen for chairman in surprise election result Caroline Hill A popular long-term board member with the social skills needed to pull together a newly-merged transcontinental firm, Ashurst’s October announcement…
Linklaters’ private equity ambitions dealt a blow by departures David Stevenson Linklaters’ now decade-long effort to carve a credible position in the private equity market has been dealt a serious blow…
Strategy review sets expansive course as Mayer Brown aims to galvanise its business Legal Business Eight months in the making, Mayer Brown’s revamped international strategy will now see the US law firm re-group around its…
Homeward bound: Burke hands Freshfields’ reins to Aitman as he leaves for Boston-based ArcLight Capital Legal Business ‘I’ve held a number of management roles in the firm, which, together with having recently chaired our supervisory body, should…
IT departments a wasted resource in City firms, senior figures say Legal Business City law firms are being challenged to revise the way they view their information technology (IT) teams and elevate them…
Gordons and A&O on Morrisons panel as L&G cuts roster Legal Business One of the UK’s largest supermarket chains, Morrisons, last month finalised its first-ever legal panel, with Allen & Overy (A&O),…
Corporate caution as private equity acquisitions and IPOs trickle in Legal Business A wary optimism was the prevailing mood of private equity partners in October, as deals such as the $2.2bn acquisition…
Burns to maintain Clydes’ expansive form as he takes charge of insurance giant Legal Business Jaishree Kalia talks to Clyde & Co’s new senior partner as veteran head Payton hands over the baton after 29…
Deal watch: Corporate activity in October Legal Business Arrow Global IPO Debevoise & Plimpton and Slaughter and May landed roles on Arrow Global’s initial public offering (IPO). Slaughters…
Life During Law: Maurice Allen Legal Business In 1980 I went from doing conveyancing in Manchester to international finance at Coward Chance (CC). The banking practice at…
Slaughters teams up with Carillion law venture to cut costs for bluechip clients Caroline Hill As general counsel (GCs) push their advisers to think more innovatively about costs savings, Slaughter and May has begun offering…
Ashurst closes in on Australian tie-up and leadership election Legal Business As Ashurst dots the Is and crosses the Ts on its merger with Australian top-tier firm Blake Dawson, a number of…
