DAC Beachcroft launches New York base as part of transatlantic alliance Francesca Fanshawe Its international expansion has been extensive in recent years but UK insurance firm DAC Beachcroft has complemented its push in…
Cyber warfare – Norton Rose Fulbright hires global chief information security officer Sarah Downey Top ten LB100 firm Norton Rose Fulbright (NRF) has moved to further protect client information with the hire the former head…
Financial squeeze – Morgan Stanley declares a hit to net income due to $1.2bn in legal costs Legal Business Morgan Stanley is the latest major financial institution to declare that it has been hard hit by litigation and the…
Deutsche Bank pinpoints litigation costs for wiping out its fourth quarter profits Legal Business Frankfurt-headquartered Deutsche Bank yesterday (19 January) partially blamed its full-year litigation expenses of €2.5bn for a fourth quarter pre-tax loss…
All grown up – HSF’s Belfast volume disputes centre pilots post-merger Australian litigation Legal Business When legacy Herbert Smith set up its volume disputes support centre in Belfast in 2011 it was, despite or perhaps because…
Protests and resignations but the High Court says QASA is lawful Legal Business Following months of protests from the criminal Bar including the resignation of a number of barristers from the Bar Standards…
Breaking: Clyde & Co loses 15-strong US litigation team as two London partners exit Legal Business The expiry of Clyde & Co’s three year post-merger partner lock-in appeared to pass almost unnoticed last April but the top…
DLA Piper expands Africa group across the continent with new member firms Francesca Fanshawe DLA Piper‘s Africa Group has expanded in north, southern and eastern Africa with the addition of three new member firms.…
Deal watch: Dentons advises Total on UK shale gas interest Jaishree Kalia As the unconventional method of extracting shale gas increasingly becomes a phenomenon in the UK, Dentons has taken the lead…
High Street gloom as SRA publishes full list of uninsured firms forced to close Francesca Fanshawe The Solicitors Regulation Authority (SRA) has confirmed the names of the 136 firms which have been forced to close since…
Revolving doors: Bird & Bird, Bond Dickinson and Simmons all make lateral moves Legal Business The appetite shown by global elite firms to hire laterally at the start of the year has spread wider in…
LLP latest: CMS Cameron McKenna posts revenue and profit drops for LLP but highest earner remains stable Legal Business Top ten LB100 firm CMS Cameron McKenna has posted a revenue drop for its UK limited liability partnership (LLP) of 6.6%…
More lateral hires as Katten Muchin and K&L Gates boost international corporate practices Jaishree Kalia US firms Katten Muchin Rosenman and K&L Gates have strengthened their international corporate practices this month through lateral hires from…
Damned statistics: BLP and Ashurst report higher trainee retention rates from smaller intakes Jaishree Kalia Firms have kick-started the year reporting high trainee retention rates with Berwin Leighton Paisner (BLP) and Ashurst retaining the vast…
More in-fighting as Law Society contests SRA’s attempts to gain greater fining powers Legal Business Further cracks in The Law Society’s already strained relationship with the Solicitors Regulation Authority (SRA) have emerged this week as…
Former Stewarts Law pair to return to SDT after High Court upholds one finding of dishonesty Legal Business Former Stewarts Law partner Andrew Shaw has failed to entirely clear his name in the High Court, which has ordered that the…
Hogan Lovells expands Latin America footprint with hire of CC partner in Brazil Legal Business Hogan Lovells has expanded its Latin America offering with the launch of its second office in Brazil, with the hire…
New year hiring spree continues as Weil Gotshal and Norton Rose recruit from rivals David Stevenson Top-20 Global 100 firms Norton Rose Fulbright and Weil, Gotshal & Manges have made significant and experienced additions to their…
LLP latest: Penningtons and Addleshaws both see highest-paid member drawings fall during last financial year Jaishree Kalia Penningtons Manches is the latest top-100 UK firm to file its limited liability partnership (LLP) accounts for 2012/13, which in…
In-house: RFU rejigs legal team as deputy head joins sports firm Couchmans Sarah Downey The Rugby Football Union (RFU) has reconfigured its in-house legal team recently, promoting in-house lawyer Angus Bujalski (pictured) to lead…