Global firms strengthen white-collar practices Legal Business A number of global firms boosted their white-collar defence practices last month with a spate of hires from US and…
RBS investors secure litigation funding for action against bank Sarah Downey Third-party funder Argentum has agreed to bankroll a multimillion-pound claim against The Royal Bank of Scotland (RBS) in London’s High…
Partnership structure overhaul for CMS Cameron McKenna Sarah Downey CMS Cameron McKenna has reformed its partnership remuneration model from 1 May, enabling salaried partners to become equity partners more…
CMS and Osborne Clarke scale back Integreon deals Sarah Downey CMS Cameron McKenna (CMS) and Osborne Clarke (OC) have scaled back their legal process outsourcing (LPO) agreements with Integreon within…
More partner exits from Dundas & Wilson Legal Business Beleaguered Dundas & Wilson is shortly to lose London private equity partners Simon Sale and Nadim Meer to Mishcon de…
Clyde & Co to open Madrid office with DAC Beachcroft insurance team Legal Business Clyde & Co is to open a Madrid office following the appointment of a four-partner insurance team from DAC Beachcroft’s…
Hill Dickinson to review its business to maintain profitability Francesca Fanshawe Unusually for a firm that has averaged 10% growth over the last five years and posted a 22% leap in…
TLT beats heavyweight players to win BBC property role Legal Business TLT has been named as the BBC’s sole provider advising on property legal services across its estate in England and…
SJ Berwin pays out delayed partner profits David Stevenson As partnerships continue to take a cautious approach to profit distribution, SJ Berwin has confirmed that it has released profits…
Comment: Slaughters bumps up lawyer pay but associate lockstep’s days are numbered Legal Business Slaughter and May today (30 April) became the first major City law firm to announce a review of its associate…
Clifford Chance and Linklaters make most of their partner promotions in Europe Jaishree Kalia Partner promotions continue apace with Magic Circle firms Clifford Chance (CC) and Linklaters the latest to announce their numbers, the…
Libel law to be overhauled as Defamation Bill gets royal assent Legal Business A three-year battle to bring libel law into the 21st century came to a close yesterday (25 April) as the…
Commerzbank loses bankers’ bonuses appeal Legal Business Commerzbank has today (26 April) lost its appeal in its high-profile four-year battle over unpaid bankers’ bonuses – one of…
Taylor Wessing boosts partnership by 16 in latest promotion round Sarah Downey Taylor Wessing has more than doubled its partner promotions this year to 16, of which only one is in its…
Former Dewey chairman to pay $500k mismanagement settlement David Stevenson Steve Davis, former chairman of Dewey & LeBoeuf, has offered to pay over half a million dollars to settle claims…
A&O introduces first trainee salary increase since 2010 Jaishree Kalia Allen & Overy has increased trainee pay rates bringing to an end a three-year freeze and has promoted 24 lawyers…
Harbour Litigation funds claimant in dispute with Barclays Sarah Downey Third party financier Harbour Litigation Funding is to bankroll a claim against Barclays alleging the bank mis-used confidential information in…
Mishcon hires SJ Berwin finance partner Legal Business Mishcon de Reya has enhanced its real estate finance offering with the addition of former SJ Berwin partner Raji Bartlett.…
Norton Rose makes up 33 partners in latest promotions round Caroline Hill Norton Rose has promoted 33 lawyers to its global partnership ahead of its merger with US firm Fulbright & Jaworski…
Ropes & Gray boosts London and Hong Kong with double Fried Frank hire Legal Business Ropes & Gray is to bolster its City and Hong Kong arms with a two-partner hire from US rival Fried…
