‘Totally inappropriate’: Lawyers condemn Lord Jackson’s call to fix costs for civil claims Legal Business Calls by Lord Justice Jackson to introduce fixed costs for civil claims worth up to £250,000 have been majorly condemned…
Remuneration overhaul: DLA Piper votes to increases bonus pool and launches mini-lockstep Legal Business DLA Piper International partners have approved an overhaul of its pay structure, introducing a points-based remuneration system and a larger…
McDermott and DLA Piper partners join Orrick for Houston launch Jaishree Kalia Having announced it will open a new office in Houston, 13 partners have joined US firm Orrick, Herrington & Sutcliffe,…
White & Case to hire Linklaters big-biller Kelly to lead Asia push Legal Business White & Case is set to hire Linklaters‘ big-billing Hong Kong partner Christopher Kelly as its Asia head of corporate as develops…
Cutting out the middle man: Capital Law opens £50m litigation fund Sarah Downey Welsh firm Capital Law has launched a £50m commercial litigation funding service, marking the first time a UK law firm…
Revolving doors: Nabarro, Pinsents and Hogan Lovells make key hires Legal Business Several firms have made noteworthy strategic appointments in the past week, with Nabarro, Pinsent Masons and Hogan Lovells all adding…
CMS Cameron McKenna elects Millar as new managing partner Legal Business The partnership at CMS Cameron McKenna has elected energy partner Stephen Millar (pictured) to succeed longstanding chief Duncan Weston.
DLA Piper expands Nordic footprint with Finnish tie-up Legal Business DLA Piper has agreed a combination with 30-lawyer Finnish law firm Peltonen LMR as it expands its Nordic footprint.
Quinn Emanuel hires Clydes litigator Friedman as it expands City-based Israel offering Legal Business Clyde & Co litigator Paul Friedman (pictured) has left the firm after more than 12 years to join US firm…
Seventh term for Drummond at the helm of Brodies as Scots indy continues its emphatic form Legal Business Brodies has re-elected both its chair Christine O’Neill (pictured) and managing partner Bill Drummond to another term in each role.
Cravath and Kirkland ride pharma wave to win places on $5.8bn Abbott-Alere deal Legal Business Already two of the big winners from the merger bonanza in the pharmaceuticals sector, Cravath, Swaine & Moore and Kirkland…
London off the pace as Singapore arbitration centre opens in Shanghai Legal Business With London in fierce competition with Singapore, Hong Kong and Paris to become the dominant international arbitration hub, it has…
Cash levels drop at Hogan Lovells as PEP dips below £700,000 Legal Business The international arm of Hogan Lovells, which covers all offices outside the Americas, suffered an 11% fall in profits per…
Clydes top-paid member took home 36% more in 2015, as firm’s profits rise Legal Business Clyde & Co rewarded its highest paid member 36% more, dishing out £1.8m in the 2014/15 financial year. the firm’s…
Quinn Emanuel and Simmons win for Blackstone fund and Barclays in first financial list decision Legal Business Quinn Emanuel Urquhart & Sullivan and Simmons & Simmons have beat Stephenson Harwood in the first judgment delivered on the…
Simmons & Simmons to quit Abu Dhabi as firm consolidates in the Middle East Legal Business Simmons & Simmons is the latest firm to shake up operations in the Middle East, closing its Abu Dhabi office…
A matter of influence: FCA to consult on policing in-house lawyers under Senior Managers Regime Legal Business The Financial Conduct Authority (FCA) has launched a consultation on whether in-house lawyers need to be policed under the watchdog’s…
Ashurst board to select next managing partner as Collis prepares to step down in May Jaishree Kalia Ashurst is on the look-out for the firm’s next managing partner as current head James Collis is to stand down…
Access to Asia: RPC seals Singapore tie-up as it targets banking litigation Legal Business UK law firm RPC has agreed a tie-up with Singapore firm Premier Law as it seeks out claims against the…
SFO fails to secure convictions of six City brokers in Libor case Legal Business Constituting a major blow to the Serious Fraud Office, a UK jury has acquitted six City brokers who were alleged…