Ashurst’s new Glasgow unit ‘part of a continuing trend’ Jaishree Kalia Law firms look outside City to meet client cost expectations It is a sign of the times that the majority…
Legal profession forms united front on proposed cuts to legal aid Legal Business Last month court staff across the country took the unusual step of going on strike in a rare show of…
Calm down, it’s just an IPO David Stevenson IPO market set for best year since 2007 While corporate partners continue to protest about the lack of large mandates…
Back at the gate: US invaders raise fresh questions over private equity status of CC and Linklaters David Stevenson David Stevenson surveys a fast-changing buyout landscape to find US ‘barbarians’ once again pressing in on City leaders Unfortunately for…
A&O finance veteran joins Co-op Jaishree Kalia Alistair Asher takes on GC role as firm acts on major bank rescue Securing a major deal and having one…
Slaughters leads on Punch Taverns £2.4bn debt restructuring Francesca Fanshawe Longstanding Magic Circle client warns creditors that it could face administration Slaughter and May is advising Punch Taverns on its…
Landmark Prest v Petrodel Resources verdict reached Caroline Hill Supreme Court decision hailed as end to ‘cheat’s charter’ The landmark divorce battle between Yasmin and Michael Prest came to…
Mills & Reeve adds DLA’s defendant insurance team Legal Business DLA completes withdrawal as CMS adds RPC head Mills & Reeve and CMS Cameron McKenna boosted their offerings at opposite…
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), executive vice president and company secretary Vanessa Turner as…
Taylor Wessing to review secretarial jobs Sarah Downey 96 London support staff put on notice of potential redundancy. Taylor Wessing is to make 26 of its City secretaries…
All or nothing: Only a handful of DBAs entered into as confusion reigns over hybrid model Legal Business ‘It’s an extraordinary thing – hundreds of lawyers should have entered into damages-based agreements (DBAs) by now.’ So says Leslie…
Revolving Doors: Squire Sanders, Pinsent Masons and Bird & Bird boost corporate and finance capability Legal Business Squire Sanders has today announced the hire of US Dorsey & Whitney City-based corporate finance partner Matthew Doughty in a week that has also seen…
Clyde & Co advises Olswang on claim arising from £460m Esporta sale Legal Business Clyde & Co’s professional financial disputes team led by rated team head Sarah Clover is advising Olswang on a multi-million pound claim stemming from…
Asia-Pac continues to challenge new entrants as DLA Piper freezes Australia salaries Francesca Fanshawe The impact of the Australian downturn has once again been thrown into sharp relief after DLA Piper’s staff in the…
Speechly posts flat financials but forecasts PEP boost next year Sarah Downey Speechly Bircham has posted flat financials for the 2012/13 year following failed merger talks with Withers and a spate of…
Guest Post: Legal education review – why everyone is happy and no one is smiling Legal Business So the first round of the Legal Education and Training Review (LETR) is complete. Julian Webb et al’s report is…
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…