A&O mulls changes to junior lawyer pay structure as it looks to keep pace in associate salary race Sarah Downey This second quarter has seen Allen & Overy (A&O) launch a comprehensive review with external consultants drafted in to look…
Simmons breaks into growing legal product market with start-up tool targeting hedge funds Legal Business Seeking to turn the City’s next big hedge funds into clients, Simmons & Simmons has entered the growing legal product…
CC loses City finance partner to Milbank as Pinsents benefits from German exits with IP hire Legal Business Pinsent Masons has become the latest firm to benefit from the on-going travails of Clifford Chance’s (CC) German offering with…
Herbert Smith Freehills shuts Abu Dhabi office as firm consolidates Middle East presence Legal Business Reduced to just one partner in Abu Dhabi, Herbert Smith Freehills is shutting the office and shifting its five-lawyer team…
PwC Legal hires Mayer Brown’s former German chief in financial services drive Legal Business PwC Legal has expanded its German legal team with the hire of Mayer Brown banking and finance partner Jorg Wulfken…
Freshfields looks to ruffle New York disputes market with hire of Simpson Thacher’s Martin Legal Business Freshfields Bruckhaus Deringer has made a significant move to enhance its US practice with the hire of Simpson Thacher &…
Press watchdog looks at new arbitration body to handle media claims Legal Business The Independent Press Standards Organisation (IPSO) has launched a three month consultation on creating a new arbitration scheme to settle…
Dealwatch: Dickson Minto lands role alongside A&O and Ashurst on $1.7bn ERM sale to Canadian pension funds Kathryn McCann Allen & Overy (A&O), Ashurst and Dickson Minto have won key roles on the off-market acquisition of Environmental Resources Management…
Reckitt Benckiser’s group GC Bill Mordan exits after 12 years for pharma giant’s ‘wonderful opportunity’ Kathryn McCann Reckitt Benckiser’s group general counsel (GC) Bill Mordan (pictured) is set to leave the consumer goods company to take up…
HFW and Gibson Dunn lead as Rothschild exits troubled Asia Resource Minerals Tom Moore A four-partner team from Holman Fenwick Willan (HFW) has spearheaded ACE’s high-profile purchase of Nat Rothschild’s stake in troubled Indonesian…
Boies Schiller boosts London presence as it takes on third City partner with WilmerHale hire Legal Business Eighteen months on from its City launch, Boies, Schiller & Flexner has hired its third partner with Kenneth Beale joining…
Brown Rudnick hires Clydes’ corporate head as it targets Francophone work Legal Business Clyde & Co head of corporate Philip Rogers is leaving the firm after eleven years to head up Brown Rudnick’s…
Freshfields brings in McKimm as LevFin co-head while Ashurst rejigs Asia management Jaishree Kalia Freshfields Bruckhaus Deringer has changed its finance team’s management as it brings in Kirkland & Ellis high-yield heavyweight Ward McKimm…
Law’s ‘class ceiling’ – Government report finds one law firm hires 60% of trainees from Oxbridge Legal Business A government report into barriers of entry in the professions has criticised the ‘class ceiling’ at law firms and other…
Freshfields targets US and Asia for two more business service hubs amid plans for 24/7 legal support Legal Business After taking the decision to move back-office staff out of its London headquarters to Manchester in a nearshoring exercise, Freshfields…
Ashurst blow as King & Spalding secures four-partner team for Tokyo launch Tom Moore King & Spalding has chosen Tokyo as its second base in Asia, hiring a team of Ashurst partners led by…
We need to talk… about technology: Shepherds’ CEO Gibb on keeping pace with technology Legal Business Innovation lies at the core of technology. Evolution and improvement in the ways we design and use basic utilities and…
Guest post: Law firm mergers – be clear if it’s for your balance sheet or your clients or it won’t go well Legal Business The industry standard in tracking US law firm mergers, Altman Weil’s Mergerline, has had this to say about activity in…
Mergers helps drive 11% revenue growth at CMS with profits up 3% Sarah Downey With two mergers under its belt in 2014, CMS has unveiled double digit growth in revenue for the financial year…
BLP launches US securities team with BAML director and former Proskauer partner Tom Moore Berwin Leighton Paisner has made a double hire to start a US securities group in the City, hiring former Proskauer Rose…