Reed Smith blames poor energy prices as global revenues dip 2.5% Legal Business Reed Smith has reported global revenues fell 2.5% in 2015 to $1.12bn from $1.15bn, while profits per partner were lower…
Milbank posts flat global results as London turnover rises 6% to $110m Tom Moore Milbank, Tweed, Hadley & McCloy has become the latest firm to post flat results following the economic slowdown in some…
Freshfields makes key competition hire as Clifford Chance City partner to relocate to lead Hong Kong practice Legal Business Freshfields Bruckhaus Deringer has hired Clifford Chance’s Alastair Mordaunt to become the new competition head of its Hong Kong practice.
Allen & Overy and Wachtell take leads on Deutsche Börse spin-off Victoria Young Magic Circle firm Allen & Overy (A&O) has taken a lead role acting for Deutsche Börse as it spins off…
Reed Smith replaced as Addleshaw Goddard joins Siemens UK legal panel Legal Business Eversheds and Osborne Clarke have been reappointed to Siemens UK’s legal panel, while newcomer Addleshaw Goddard will replace Reed Smith,…
BLP promotes 82% of its global round in London in property-focused promotions round Victoria Young Berwin Leighton Paisner (BLP) has made 17 partner promotions worldwide, in a bumper round more than three times last year’s…
Gove’s City levy kicked into long grass amid Treasury opposition Legal Business A tax on City lawyers floated by the Ministry of Justice (MoJ) to subsidise the criminal court system has been…
Comment: Merging BLP and Greenberg Traurig – unique, compelling, bloody difficult Alex Novarese In the age of the anodyne corporate law firm, you can at least say a marriage of Berwin Leighton Paisner (BLP)…
Squire makes up seven in the City in global promotions round Legal Business Squire Patton Boggs has promoted seven in the City in its latest global partnership round of 30, where it has…
Bird & Bird’s Kerr set to hit 23 years in charge following re-election Legal Business Tech firm Bird & Bird has reappointed its longstanding leader David Kerr (pictured) as its chief executive for a further…
Derivatives experience helps Ashurst join Magic Circle on Credit Suisse UK legal roster Sarah Downey A strong reputation for derivatives work has seen Ashurst selected to join the Magic Circle’s big four international firms on…
Mishcon signs deal with software provider to launch separate e-discovery business Legal Business Mishcon de Reya has launched a new venture with e-discovery provider Unified and software developer kCura, agreeing a fixed-price three-year…
Cutting back: Government slashes go-to-firms for public sector by 40% Legal Business The government is cutting back the number of go-to-firms its uses for external counsel by almost 40% as it prepares…
Partner promotions: Freshfields drops round to 16 following steady increases since 2013 Legal Business Freshfields Bruckhaus Deringer has announced 16 lawyers will make the cut to partnership this year, one less than last year…
Bar Council releases guidelines for tackling sexual harassment after report highlights inappropriate behaviour Legal Business The Bar Council has released new guidelines for dealing with sexual harassment in a bid to help barristers handle mistreatment…
Shell starts panel review as BG Group legal team undergoes post-acquisition restructure Legal Business Royal Dutch Shell has kicked off a review of its external legal roster after finalising its £47bn takeover of BG…
Shell starts panel review as BG Group legal team undergoes post-acquisition restructure Legal Business Shell external roster set to dominate reconfigured in-house department Royal Dutch Shell has kicked off a review of its external…
Gove’s City levy kicked into long-grass amid Treasury opposition Legal Business A tax on City lawyers floated by the Ministry of Justice (MoJ) to subsidise the criminal court system has been…
Derivatives experience helps Ashurst join Magic Circle on Credit Suisse UK panel Legal Business Bank’s European in-house team reshuffled as GC Leistner departs A strong reputation for derivatives work has seen Ashurst selected to…
Mishcon de Reya launches e-discovery business Legal Business Firm aims to save clients up to 30% on disclosure Mishcon de Reya has launched a new venture with e-discovery…