‘Rather impersonal’: Financial Services Compensation Scheme set to create first legal panel Tom Moore The Financial Services Compensation Scheme (FSCS), the UK’s statutory compensation scheme for customers of authorised financial services firms, is currently…
‘Inspired by common law’: EU damages Directive opens door for competition disputes but steers clear of class actions Legal Business Monday (10 November) saw the EU Council of Ministers formally adopt the European Commission’s Directive on antitrust damages, a move…
Media attention: Latham & Watkins hires six-partner team from O’Melveny & Myers Legal Business US firm Latham & Watkins continues its aggressive hiring strategy with the recruitment of a six-partner team from O’Melveny &…
Clifford Chance leads for Barclays in ongoing Forex investigation as regulators levy £2bn fine on five banks Legal Business Five banks have been collectively fined £2bn by UK and US regulators for failing to stop traders from trying to…
Comment: Join our club – law firms’ obsession with the in crowd is beyond parody Legal Business As I reach my middle years I find much to admire and celebrate about the legal profession, and lawyers in…
Significant departures: BLP and Olswang heads of arbitration both leave for the bar Tom Moore Nicholas Fletcher QC, who has led Berwin Leighton Paisner‘s international arbitration practice for the last five years, has resigned from…
Dealwatch: Davis Polk and Linklaters act on UBM’s £565m rights issue Tom Moore Corporate partner Simon Witty, who Davis Polk & Wardwell hired from Freshfields Bruckhaus Deringer in 2012 to launch its English…
‘A fundamental misunderstanding of DBAs’: Government rules out hybrid Damages Based Agreements Legal Business In what constitutes the latest controversial move over Damages-Based Agreements (DBAs) regulation, the Government has ruled out hybrid versions of…
Management changes: DLA Piper overhauls board as Ince & Co picks new senior team Legal Business A mass reshuffle has taken place of DLA Piper’s executive managment team, with the firm’s Dutch head of corporate Barbara…
Revolving Doors: Bakers hires in the UAE, while Eversheds, Bristows, and Stewarts Law grow in the City Legal Business London, last week, saw Bristows hire another Bird & Bird partner into its TMT and life sciences practice while Eversheds…
A relief result – Turf war avoided as Palmer defeats Crean in HSF senior partner battle Legal Business London-based corporate partner James Palmer has triumphed over Sydney-based Mark Crean to become the next senior partner at Herbert Smith…
‘A very different role’: Q&A with HSF’s new senior partner James Palmer Legal Business James Palmer (Profile) talks to Legal Business about being elected the first senior partner at Herbert Smith Freehills since the…
Selling icons: Bakers and Taylor Wessing lead on Gherkin sale to Safra Group while Magic Circle duo act on Canary Wharf bid Sarah Downey Baker & McKenzie and Taylor Wessing have helped finalise the sale of London’s iconic Gherkin building to the Safra Group…
Dealwatch: Lathams, Linklaters and HSF lead on $700m Dealogic sale Legal Business Lathams & Watkins, Linklaters and Herbert Smith Freehills have all won roles advising on The Carlyle Group and Euromoney Institutional…
A symbolic blow as Debevoise hires HSF’s Asia head as senior partner race down to Palmer vs Crean Legal Business Given the huge strategic weight being placed on the Asia network of Herbert Smith Freehills (HSF), the jewel in the international…
The Friday Edit: Glory days for HSF obsessives and Baker Mac to phase out last legacy of franchise pay Legal Business Somehow the week has flown by so it’s already time to welcome readers to The Friday Edit, our informal take…
‘Privilege is now seen as a fundamental human right’: British intelligence agencies face spying on lawyers allegations Legal Business The Investigatory Powers Tribunal (IPT) has heard that legal privileged documents between lawyers and their clients may have been targeted…
Cutting the roster: After major acquisitions, Cofely set to create first legal panel Legal Business Cofely, a subsidiary of French energy giant GDF Suez, is to establish its first legal panel in a bid to…
Streamlining: Dentons loses second global real estate co-head this year, with Winckworth Sherwood bolstering its team Legal Business LB 100 firm Winckworth Sherwood has bolstered its real estate team with the hire of Dentons’ global co-head of real…