‘This is going to blow up’: tensions rise between the Law Society and the SRA as regulator seeks formal split Legal Business The ongoing dispute between the Law Society and the Solicitors Regulation Authority (SRA) has escalated after a row broke out…
RSA group GC Walsh to depart as rising star Heiss appointed legal chief Legal Business Insurance giant RSA’s longstanding group general counsel and company secretary Derek Walsh (pictured) is to leave the company at the…
Addleshaws staff costs rise as firm ups partner rewards, accounts reveal Jaishree Kalia Addleshaw Goddard‘s staff costs rose 12% from £57,000 to £63,600 in the 2014/15 financial year, the firm’s filings at Companies…
International moves: Bonelli recruits A&O Italy senior capital markets partner while BLP makes double Dubai hire Sarah Downey Italian firm BonelliErede, the European best friend of Slaughter and May, has made a key hire with Allen & Overy‘s…
Macfarlanes sticks by management duo, reappointing Martin and Howard until 2020 Legal Business In a conspicuously early move demonstrating confidence in its leadership, the partnership at Macfarlanes has re-appointed Charles Martin (pictured) and…
DAC Beachcroft takes £4m hit on failed IT project, LLP accounts reveal Legal Business National law firm DAC Beachcroft took a £4.39m hit on a failed IT project as it tried to change its…
Trainee retention rates: Herbert Smith, Weil and Trowers release figures Daniel Coyne Herbert Smith Freehills (HSF), Weil, Gotshal & Manges, and Trowers & Hamlins are the latest firms to publish their trainee…
US banking results: Goldman Sachs quadruples annual legal spend as others cutback Legal Business The major US banks released fourth quarter 2015 results this week, with Goldman Sachs blaming poor profits on legal costs,…
Ashurst hires DLA Piper arbitration head Saunders to boost City practice Jaishree Kalia After a slow churn of lateral partner hires in Ashurst‘s London office, the Anglo-Australian firm has kick-started 2016 by recruiting…
‘Criminal capability’: Cooley makes key appointment with Sullivan & Cromwell litigator Delahunty Legal Business Cooley has kicked off 2016 with further hires to its now year-old London office, adding prominent Sullivan & Cromwell litigator…
KWM reviews capital contributions ahead of refreshed global strategy Tom Moore Partners at King & Wood Mallesons (KWM) could be asked to inject more cash into the business as the firm…
Magic Circle trio and KWM advise on Clydesdale float as owner makes cut-price share offer Legal Business Clifford Chance, Allen & Overy (A&O), Linklaters and King & Wood Mallesons (KWM) are advising on Clydesdale and Yorkshire Bank’s…
‘A real achievement’: Pinsent Masons tops Stonewall rankings for LGBT inclusive law firms Legal Business UK top 20 firm Pinsent Masons is the top law shop, and fifth best overall UK employer for LGBT staff…
Guest post: Knowing when to reinvent – the Aetna plan for business health Legal Business There’s a fascinating article in the December issue of the Harvard Business Review that ought to be required reading for the…
Arbitration investment: Jones Day construction head Lal departs to join Akin Gump Sarah Downey Akin Gump Strauss Hauer & Feld has made a key hire to enhance its international arbitration offering in London with…
Fried Frank hires Mayer Brown’s restructuring head to launch City workouts practice Legal Business Having launched a trio of practice areas – finance, private equity and funds – in London in just over a…
‘An absolute match’: Former Mayor Giuliani to join Greenberg Traurig in New York Legal Business Former New York Mayor and the face of Bracewell & Giuliani, Rudolph Giuliani (pictured), is leaving the firm for Greenberg…
Taylor Wessing taps King & Wood for COO Reid following MP resignation Legal Business Just days after the resignation of King & Wood Mallesons (KWM) European practice head William Boss, Taylor Wessing has announced…
Revolving doors: Reed Smith ups energy offering as Mayer Brown JSM and Ince & Co make Hong Kong hires Legal Business Reed Smith, which last week cut 45 jobs across its US, Europe and Middle Eastern offices, has bolstered its energy…
‘A common sense decision’: Bar Council moves Pupilage Gateway timetable Legal Business Following calls from students and chambers, the Bar Council is moving its Pupillage Gateway timetable so applicants know the outcome…
