Electoral maths: Partners at top firms to pay £42k more under Labour tax plans while associates are set to gain whoever wins Legal Business Law firm partners at major City firms are facing the prospect of a substantive hike in tax if the Labour…
Keeping the talent: Clifford Chance votes through changes to lockstep in bid to stem flow of star partners Legal Business The partnership at Clifford Chance (CC) has voted through proposed changes to its remuneration system which will see the firm deploy…
Targeting Russia: Kennedys launches in Moscow with former Clyde & Co Russian insurance head Legal Business Following troubled markets in Russia across 2014, a handful of firms have signalled a renewed interest in the region, with…
In-house: Mothercare’s Ashby set to succeed de Souza as group GC of Land Securities Kathryn McCann FTSE 100 company Land Securities has appointed Mothercare’s group general counsel (GC) and company secretary Tim Ashby as its group…
In-house: ITV launches panel review with plans to extend roster by 50% Kathryn McCann The legal team at ITV, led by general counsel (GC) and company secretary Andrew Garard (pictured), has launched a panel…
Comment: Politics has changed – a high-stakes election for the nation and the City Legal Business On 7 May the nation faces one of the most unpredictable elections in recent history and one with high stakes…
White & Case makes ‘strategic step’ in Middle East push with CC’s regional capital markets head Legal Business White & Case has hired Clifford Chance’s (CC) Middle East head of capital markets and structured finance, Debashis Dey, as…
Getting on the board: Lucas takes role on Kirkland’s executive committee and top spot in its City office Legal Business Following some speculation as to who would become Kirkland & Ellis‘ de facto head in London, finance partner Stephen Lucas…
Right to vote: Eversheds reforms fixed-share partner scheme to include voting and greater profit share Kathryn McCann In the wake of HMRC’s tax changes which have seen fixed-share partners (FSP) contribute capital at a slew of LB100…
Partner promotions: Watson Farley and Brodies promote seven while TLT surpasses 100 partners Legal Business Watson Farley & Williams, TLT and Scottish firm Brodies are the most recent firms to announce their partner promotions with…
‘Phase two’: AIG reviews UK panel and establishes 64-strong European roster Kathryn McCann American insurance giant AIG has carried out a review of its UK-based legal panel and established a new 64-member roster…
News in brief – May 2015 Legal Business WHITTAKER STEPS DOWN AS LLOYDS GC Group general counsel (GC) Andrew Whittaker is stepping down from his role at Lloyds…
Fault lines – tax, Brexit and what the general election means to City lawyers Jaishree Kalia After a relatively stable coalition government, Britain goes to the polls amid huge uncertainty, with the main parties far apart…
Go your own way – legal boutiques and the seductive appeal of being your own boss Tom Moore City lawyers are risking mega salaries to strike out on their own. Legal Business explores what is driving the current…
Hunting Dragons – Anti-corruption in Asia Anthony Notaras Once a byword for bribery, the Asia region has toughened anti-corruption measures in recent years, but enforcement remains hard to…
Legal boutiques: unheralded, thriving and coming after your lunch Legal Business The rise of boutiques has been yet another development shaping the legal industry that no-one predicted. Conventional wisdom for years…
Going native – ethics and the modern GC Legal Business The in-house profession has doubled in size in the UK over the last 15 years and gained once unthinkable levels…
Politics has changed – a high-stakes election for the nation and the City Legal Business On 7 May the nation faces one of the most unpredictable elections in recent history and one with high stakes…
The mother of invention – why necessity and high prices will push private equity to new heights Legal Business Travers Smith’s Paul Dolman argues a reviving buyout industry will increasingly drive European deal markets 2014 was a year that…
Policing the City – where do in-house lawyers fit in? Legal Business Stephenson Harwood’s Tony Woodcock argues that financial regulation has failed to clarify the status of in-house counsel Though one is…