Law firms

Global offshore firm Mourant Ozannes has made a significant hire to its City office, recruiting Farrer & Co’s former head…

Insurance matters – SRA launches consultation on rated insurers as it releases market share figures

Francesca Fanshawe

Professional indemnity insurance (PII) continues to dominate the legal agenda after the Solicitors Regulation Authority (SRA) yesterday (28 January) released…

Leadership: Norman enters the fray as CC takes soundings for new global corporate chief

Clifford Chance (CC) has begun its nominations process for a potential successor to the role of global corporate chief following…

Deal watch – Norton Rose Fulbright and Freshfields lead on BMO’s $1.2bn takeover of F&C

Norton Rose Fulbright (NRF) is advising one of its oldest clients, Edinburgh-based UK and European asset manager F&C Asset Management on…

In-house: Aon appoints Michael Wolf as global head of corporate as Prash Naik takes over as GC of Channel 4

Caroline Hill

Insurance giant Aon has appointed Jenner & Block partner Michael Wolf as vice president and chief counsel, corporate, in a role…

LLP latest: Hogan Lovells stands out for lack of debt as accounts show 5.4% increase in profit before tax

Transatlantic LB100 firm Hogan Lovells has become the latest to release its LLP accounts for the 2012/13 financial year, posting a…

Deal Watch: CC, Freshfields and A&O act on Liberty Global’s €6.9bn acquisition as Dentons and LG float Hurricane

Three Magic Circle firms have scored lead advisory roles on Liberty Global’s €6.9bn acquisition of Netherlands’ largest cable operator Ziggo,…

Bank spend – RBS warns of £3bn extra litigation costs ahead of next month’s financial results

In a statement rushed out late yesterday (27 January) to soften the blow of its official results announcement next month,…

Further finance exit for BLP as Marcus Jamson joins Wedlake Bell

Berwin Leighton Paisner’s (BLP’s) depleted finance department has seen a further partner exit after acquisition finance partner Marcus Jamson this month…

Taking Manhattan – can the Wall Street elite hold out in the age of the $5bn law firm?

As the banking crisis and collapse of Dewey fade from memory, a band of emerging giants continue their long-term push…

‘Like a comfortable old shoe’ – HMRC review attempts to push reset button on its relationship with partnerships

City tax partners have long accused HM Revenue and Customs (HMRC) of unfairly treating all partnerships as tax avoidance vehicles…

Blue sky thinking – A&O initiative to adopt and roll out new business ideas from clients

Jaishree Kalia

Following on from its roll out of high-end contract lawyer service Peerpoint last November, Allen & Overy is continuing to challenge…

Taylor Wessing loses former insurance head to Edwards Wildman in second US raid

In the second US foray into Taylor Wessing’s partner pool this month, the top 20 firm has lost its former head…

LLP latest – Bird & Bird and Eversheds pay cost of expansion and restructuring

The cost of Bird & Bird’s strategic investment in 2012/13 became apparent today (27 January) with the filing of its limited…

Texas launch – Arnold & Porter opens Houston presence with four-partner Hogan Lovells litigation team

Washington-headquartered Global 100 law firm Arnold & Porter has become the latest to launch in Houston with the hire of a…

Asia Pacific: Slaughters makes first foray into lateral market to launch US securities practice in Hong Kong

Magic Circle firm Slaughter and May has taken the unprecedented step of making a lateral hire, recruiting US securities partner…

LLP latest – Herbert Smith Freehills sees its overdraft rise by 140% as borrowing totals £111m

Significantly increased debt has been a recurring theme for many of the latest limited liability partnership (LLP) accounts filed at…

41 jobs at risk at Keoghs as top 60 insurance firm blames legal services reforms

Legal services market reforms are being blamed for job losses at Bolton-based UK top 60 insurance firm Keoghs, which has…

Deal watch: Taylor Wessing and Freshfields advise on HSBC Jordan bank deal