‘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…
‘A natural fit’: Reed Smith takes Chadbourne Moscow managing partner Baev ahead of NRF merger Georgiana Tudor Following its recent agreement to combine with Norton Rose Fulbright to create a $2bn firm, Chadbourne & Parke has lost…
Freshfields plans to cut German partnership by up to 20% by 2020 Legal Business Almost two decades after its flagship three way merger, Legal Business can reveal Freshfields Bruckhaus Deringer is planning to cut…
More for less: Simmons to double fee earners at low-cost base by 2019 Legal Business Simmons & Simmons plans to double its fee earner count in Bristol over the next two years to reach 100…
Revolving doors: Linklaters adds depth to Asian offices as Signature opens in Gibraltar with key hire Legal Business In a busy week for lateral hires, firms have been actively adding to their offices at home and abroad. Linklaters…
Taylor Wessing launches data breach app in latest tech push Legal Business In its latest push to provide clients with new technology, Taylor Wessing has launched a data breach mobile app TW:Cyber…
Joining forces: Kennedys lands US merger with Carroll McNulty deal Legal Business Insurance specialist Kennedys is merging with US firm Carroll McNulty & Kull to add 43 partners to its offering.
Lowering the bar: BSB to consult on standard of proof in professional misconduct cases Legal Business The Bar Standards Board (BSB) has published a 10-page consultation paper to consider views about lowering the standard of proof…
Ashurst’s London pensions head makes move to PwC legal Georgiana Tudor PwC Legal has hired Marcus Fink, London head of pensions in Ashurst‘s small pensions practice. Fink moved to Ashurst from…
Ashurst launches formal alliance with Singapore firm ADTLaw Madeleine Farman Ashurst has launched a formal alliance with law firm ADTLaw following approval from the Legal Services Regulatory Authority of Singapore.
‘Enhancing our approach to development’: A&O drops annual appraisals in performance pilot scheme Georgiana Tudor Allen & Overy (A&O) confirmed today (4 May) that it has been running a performance pilot scheme for the last…
