FSA slaps Pru with £30m fine before its split David Stevenson The Financial Services Authority (FSA) handed out its last penalty before being split up after fining companies in the Prudential…
CoA makes up three women in recent justice appointments Legal Business Three female judges have been appointed to the Court of Appeal (CoA) in the latest round of promotions, which has…
End games Legal Business The 11th annual Legal Business Global London survey shows that US firms in the City are playing to win. UK…
Barclays law chief gets £3.7m share award David Stevenson If there was any remaining doubt that the lot of the modern general counsel at a major bluechip is a…
US firms on the march as Global London headcount rises David Stevenson Foreign firms in London made bulking up their senior ranks their key priority in 2012, with average partner headcount hitting…
Falling QC appointments reflect fears for criminal Bar’s prospects Jaishree Kalia QC appointments have declined for the fourth year running with the number of applicants also on a downward path. In…
Davis Polk and Linklaters win landmark Lehman settlement David Stevenson Linklaters and Davis Polk & Wardwell have won a settlement agreement in the long-running Lehman Brothers bankruptcy that ‘unlocks’ $9bn…
White & Case launches in Madrid with Latham hire Jaishree Kalia White & Case has launched its first office in Spain, recruiting Latham & Watkins’ Spanish corporate head Juan Manuel de…
Addleshaw Goddard and Nabarro end merger talks David Stevenson Addleshaw Goddard and Nabarro have confirmed that they were in merger talks at the start of the year but the…
Wiggin opens Brussels office in push for alternative income Legal Business Media boutique Wiggin has officially opened its doors in Brussels, as the firm’s pursuit of sustainable alternative revenue streams sets…
Semple Fraser Appoints administrators David Stevenson Scotland’s Semple Fraser has gone into administration, with Tom MacLennan and Kenny Craig, partners with accountants RSM Tenon, appointed joint…
Details emerge of terms of Cobbetts’ fire sale Legal Business DWF acquired Cobbetts’ work in progress (WIP) from KPMG in February for £3.8m as details emerge of the Manchester firm’s…
DWF makes 38 redundancies post Cobbetts pre-pack Legal Business Following its acquisition of Cobbetts, DWF has laid off 38 staff from its central services support team following a consultation…
Top HSF litigator Greeno defects to Quinn Emanuel’s City arm Legal Business Herbert Smith Freehills (HSF) partners received more bad news this morning as it emerged that top litigator Ted Greeno has…
Litigation group Proven appoints David Gold to board Legal Business Litigation support business, Proven, had hired former Herbert Smith senior partner Lord David Gold as its chairman. Gold, who currently…
Osborne Clarke retracts bulk of outsourced staff four years after deal Legal Business Osborne Clarke (OC) is set to withdraw the majority of its outsourced staff from provider Integreon and bring them back…
Freshfields latest to promote new partners with 14 making the grade Legal Business Freshfields Bruckhaus Deringer has appointed 14 new partners, with just under half of the promotions made in London. The Magic…
Withers and Speechly Bircham set to merge Legal Business Private client leaders Speechly Bircham and Withers are set to merge, potentially creating a 600-lawyer, £170m practice that will fit…
CMS to reduce scope of Integreon outsourcing agreement Legal Business CMS Cameron McKenna is to scale back its staff outsourcing agreement with Integreon just three years into its ten-year contract.…
Ready for his close up David Stevenson Outspoken, opinionated and often right, K&L Gates head Peter Kalis has made financial transparency his latest mission. Legal Business talks…