Government spending review brings legal aid cuts and privatisation closer as MoJ’s budget cut by 10% Legal Business The government’s plans to cut criminal legal aid and privatise parts of the court services appeared to edge one step…
Nicholas Medcroft joins Wilberforce Chambers as Erskine makes key hires and two leading sets take on new head Sarah Downey Nicholas Medcroft has joined Wilberforce Chambers from Outer Temple Chambers in a week that has also seen Erskine Chambers welcome…
Deal watch: CMS, Matheson and Akin Gump act on high-profile international deals Legal Business As international M&A catches the headlines, CMS Cameron McKenna has advised a consortium owned by Hong Kong tycoon Li Ka-shing…
Revolving Doors: Field Fisher hires Taylor Wessing’s David Kent as Irwin Mitchell and TLT make key hires Legal Business Taylor Wessing’s long reputed head of inward investment David Kent is to join Field Fisher Waterhouse (FFW) in a week that…
Travers senior lawyers to be paid for interruptions to family life as firm adopts more merit-based model Legal Business Travers Smith has become the latest City firm to overhaul its lockstep for senior associates in a bid to incentivise and…
Kennedys unveils 9% turnover increase and signals further expansion to its network Legal Business Kennedys has today announced a turnover increase of 9% after a year of both lateral hires and organic growth, with…
Coming on like 2009 – Weil Gotshal becomes the first major NY firm to announce job cuts this year Legal Business So far the wave of redundancies that have rippled through the UK legal profession has not been replicated across the Atlantic…
Corporate: Alibaba and Kabel Deutschland deals land roles for Freshfields, Linklaters and Hengeler Mueller Legal Business Freshfields Bruckhaus Deringer and Linklaters have landed two major corporate mandates advising Alibaba on what Reuters describes as ‘the most…
Three years in the making: Legal education and training review unveiled Legal Business A report touted as the most comprehensive review of legal education in the UK since the Omrod report of 1971…
Nabarro points to bonus and high performance uplift as it freezes junior lawyers pay Legal Business Nabarro has defended its decision to freeze the salaries of its trainees, newly-qualified (NQ) lawyers and those with one to…
Middle East: Dentons ends period of upheaval in Kuwait with decision to close local office Legal Business Dentons’ partnership has voted in favour of shutting its Kuwait office following a review, bringing to an end a turbulent…
All or nothing: Only a handful of DBAs entered into as confusion reigns over hybrid model Sarah Downey ‘It’s an extraordinary thing – hundreds of lawyers should have entered into Damages-Based Agreements (DBAs) by now.’ So says Leslie…
In-house: Facebook and Diageo fill top GC roles Sarah Downey Social networking giant Facebook and global drinks brand Diageo both this week announced appointments to fill their top legal positions. Facebook…
Lawyers On Demand launches new pay-as-you-go model as demand increases for flexible staffing David Stevenson As senior private practice and in-house lawyers increasingly turn to flexible staffing options to manage their costs, Berwin Leighton Paisner’s…
Comment: Don’t push your luck with partnership Legal Business Do law firms take partnership for granted? They really shouldn’t as the model has served them so well. Just consider…
Insurance: Mills & Reeve takes up last of DLA’s defendant insurance team as CMS snares RPC head Legal Business Mills & Reeve and CMS Cameron McKenna boosted their offerings at opposite ends of the insurance spectrum this week, taking…
CC to boost London corporate and regulatory insurance capability with hire of NRF’s Ashley Prebble Legal Business Clifford Chance (CC) has hired Norton Rose Fulbright (NRF) corporate insurance partner Ashley Prebble as the Magic Circle firm aims…
Forsters appoints new private client head as department hits 164% revenue increase over five years Legal Business West End boutique Forsters has appointed Fiona Smith to take over as head of the private client department as it…
Visa Europe’s GC joins A&O’s global antitrust practice Caroline Hill Allen & Overy (A&O) has hired Visa Europe’s general counsel (GC) and executive vice president and company secretary Vanessa Turner…
Two birds, one stone – A&O finance veterans joins Co-op team as GC as firm acts on rescue Jaishree Kalia Securing a major deal and having one of your partners take a senior role with the same client is a…