Checking in: Freshfields and Stephenson Harwood advise on £1.3bn sale of the Priory Legal Business Freshfields Bruckhaus Deringer and Stephenson Harwood have led on the sale of the Priory, the rehab clinic known for its…
Twice as nice: Fieldfisher doubles pay to highest earning member, LLP accounts reveal Tom Moore The highest-paid LLP member at Fieldfisher took home £1.24m last year, almost twice as much as last year, following back-to-back…
Comment: The 2015 edit – our favourite Legal Business pieces from this year Legal Business As the Christmas wind-down approaches inertia, in time-honoured tradition along with ghastly jumpers and inappropriate comments on social media, we…
Revolving doors: A&O and Linklaters make key lateral hires as Clydes picks up Aussie team Legal Business Allen & Overy (A&O) has made a key hire for its US securities practice with David Flechner joining the firm’s…
Property panel: Freshfields, Herbert Smith and Addleshaws make British Land roster Legal Business Magic circle heavyweight Freshfields Bruckhaus Deringer has joined Addleshaw Goddard, Herbert Smith Freehills, Jones Day, King & Wood Mallesons, Mayer…
‘A powerful message of deterrence’: Court of Appeal dismisses Libor scandal trader Hayes’ appeal, while reducing sentence Legal Business In a decision that will provide little comfort for those facing similar charges, the Court of Appeal has refused the…
Comment: After the Harvard Kool-Aid and lost years can Moore galvanise Linklaters? Tom Moore Allen & Overy‘s veteran leader David Morley remarked sometimes that in running a law firm, success or failure is less about…
US partner promotions: Jones Day makes up two in London from 47-strong round Legal Business Jones Day has become the latest US firm to announce its partner promotion round with 4% of the 47-strong round…
Guest post: Law firms going public – one way to stop a Dewey-style run on the ‘bank’? Legal Business It has become commonplace – I have bowed to convention and endorsed the notion myself – to observe that law…
In-house: Singh steps down from GC post at Indian energy giant Essar Global Fund Legal Business Raminder Singh, the London-based general counsel and chief compliance officer of Indian conglomerate Essar Global Fund Limited (EGFL), the holding…
Closing Cologne: Freshfields restructures German offices to create broad offering Legal Business In a bid strengthen its platform in Germany, Freshfields Bruckhaus Deringer is closing its Cologne office, with the bulk of…
In-house: Morton Fraser big winner as firms line up for Edinburgh City Council panel Legal Business Morton Fraser has picked up four places on Edinburgh City Council’s £3.1m panel, being appointed alongside larger firms such as…
Switching sides: Eversheds Manchester banking head departs to take GC role Legal Business Eversheds Manchester banking head Nigel Dale is leaving the firm after 20 years to join specialist lender Together as its…
‘I’m less and less keen on the generalists’: Simmons posts modest half-year revenue rise as firm targets high-growth sectors Legal Business Reduced commercial activity has slowed growth at Simmons & Simmons after a record-breaking 2014/15, with the firm reporting a modest…
Simmons & Simmons picked to defend RBS against £800m rate-rigging claim Tom Moore The Royal Bank of Scotland (RBS) has instructed Simmons & Simmons to defend a £800m claim from former Sheffield lawyer…
In-house: DWF, Eversheds, Addleshaws and Clydes win places on Tata Chemicals inaugural panel Kathryn McCann DWF, Eversheds, Addleshaw Goddard and Clyde & Co have been awarded places on Tata Chemicals Europe’s first panel following a…
DWF opens in Germany through local acquisition while Pinsents strengthens Munich with four-partner team Kathryn McCann Just a week after launching its first office in continental Europe in Brussels, DWF has acquired the four-partner German arm…
‘The most stringent data laws in the world’: European Union agrees on penalties to protect personal data Legal Business Lawyers are warning of substantial change following the European Union’s agreement last night to regulate data collection and punish companies…
Comment: The limits of culture – WLG needs more than common ground to fulfil its ambitions Legal Business Let’s get this out of the way up front. The least expected new entrant to the Global 100, Gowling WLG,…
Hitting the target: Gateley posts 11% rise in revenue in first post-IPO results Legal Business The UK’s first listed law firm Gateley has hit its revenue target by achieving a 10.9% rise to £29.6m, up…