Financials 2013/14: Penningtons Manches, Lewis Silkin and Farrer & Co post results Legal Business A trio of LB 100 firms have posted financial results for the 2013/14 year, with newly combined Penningtons Manches revealing…
Sidley Austin and Linklaters lead on Bank of Cyprus €1bn capital raise Sarah Downey The London teams of both US firm Sidley Austin and Magic Circle firm Linklaters have scored heavyweight roles advising on…
PwC beats international law firms to complete tie-up in Singapore with local firm Camford Law Legal Business Big four giant PwC has made a decisive move to enhance its legal offering around the Asia-Pacific region, and has…
Gardening leave is not at your leisure – High Court rules on notices and covenant periods Legal Business It is often forgotten that the received wisdom as the 1990s wore on was that restrictive covenants and other restraints…
Slaughter and May acts for Serious Fraud Office as it pays out £4.5m in Tchenguiz battle Legal Business Within days of the Serious Fraud Office (SFO) settling the first Tchenguiz case for £3m, the agency has agreed its…
Clifford Chance replaces Campbell and Dunnigan in governance shake up Legal Business Magic Circle firm Clifford Chance continues to overhaul its corporate governance structure and today (31 July) announced that global finance…
Financial results 2013/14: Slight revenue and PEP increase at Holman Legal Business UK top-30 insurance firm Holman Fenwick Willan has posted a slight increase of 2% in global revenues with receipts growing…
Fieldfisher loses Facebook to Hogan Lovells as the firm hires Bristows partner as privacy head Legal Business Fieldfisher has lost key instructions from social networking giant Facebook which is set to direct privacy and information law work…
Taylor Wessing and Macfarlanes advise on £350m RBS credit facility deal Legal Business Anglo-German firm Taylor Wessing and City-firm Macfarlanes have both landed leading roles on a major refinancing deal as the real…
Covington and CMS lead on AstraZeneca’s £1.2bn Spanish transaction Legal Business A London team at Covington & Burling led by corporate partner Lucinda Osborne advised AstraZeneca on a potential $2.1bn deal…
Dundas & Wilson reveals 4.5% revenue dip alongside 8% PEP increase in its final year Legal Business Once a storied institution in the Scottish legal market, Dundas & Wilson has unveiled its last ever financials and has…
Freshfields wins Deutsche Bank $243m pay out from Sebastian Holdings Tom Moore The UK Court of Appeal has ruled that investment fund Sebastian Holdings must pay Germany’s Deutsche Bank $243m after losing…
Ashurst, Clifford Chance, Freshfields and Linklaters advise banks on competition inquiry Sarah Downey International firm Ashurst and Magic Circle trio Clifford Chance, Freshfields and Linklaters are advising the UK’s biggest banks over an…
BLP begins consultations to ease rules around managing out partners Tom Moore Following a period of upheaval that has seen Berwin Leighton Paisner (BLP) exit a number of non-performing senior lawyers, the…
Senior management reshuffle approved at Reed Smith Legal Business Reed Smith’s recently elected managing partner, Sandy Thomas, has had his recommendations for a senior management reshuffle, which rotates nearly…
Ashurst downsizes Adelaide office as head relocates Jaishree Kalia Global top-40 firm Ashurst is scaling back its Adelaide office headcount as its only Adelaide-based partner and office head Tanya…
Baker & McKenzie takes lead role on £650m Gherkin receivership Sarah Downey Global 100 firm Baker & McKenzie has secured a heavyweight real estate mandate advising on the receivership of London’s iconic building,…
Guest post: ‘Stockholm syndrome’ in legal services – GCs are captured by their advisers Legal Business A caricature may reveal a truth… ‘Why, if there is all the talk of change, is change so slow?’ One…
Edwards Wildman sees final corporate partner exit for Olswang as Arnold & Porter emerges as ‘in talks’ with disputes team Legal Business US firm Edwards Wildman has seen the last of its quintet of disgruntled corporate partners resign as it has emerged…
Shearman & Sterling secures historic $50bn arbitration award in epic Yukos dispute Tom Moore Russia has been ordered to pay $50.08bn to the majority shareholders in Yukos Oil Company, once Russia’s largest oil producer,…
