‘It is to improve efficiency’: Ashurst cuts back overnight production team as it looks to offshore Tom Moore Top 20 firm Ashurst has made 15 redundancies to its overnight production staff in London nearly halving the City firm’s…
Cadwalader grows London team as Ashurst capital markets partner returns to the firm Sarah Downey US firm Cadwalader, Wickersham & Taft has made a key hire to its global capital markets practice with Ashurst partner…
Weil boosts finance practice with Ashurst hire in New York Jaishree Kalia US firm Weil, Gotshal & Manges continues to boost its global finance practice with the hire of Ashurst banking partner…
Ashurst starts out-of-hours worker redundancies Jaishree Kalia The past year has seen a number of UK firms scale back their back-office support teams to become more efficient…
Ashurst, Clifford Chance, Freshfields and Linklaters advise banks on competition inquiry Sarah Downey International firm Ashurst and Magic Circle trio Clifford Chance, Freshfields and Linklaters are advising the UK’s biggest banks over an…
Ashurst downsizes Adelaide office as head relocates Jaishree Kalia Global top-40 firm Ashurst is scaling back its Adelaide office headcount as its only Adelaide-based partner and office head Tanya…
Stress testing the strategy – post-merger Ashurst calls in Bain for ‘market insight’ Jaishree Kalia It’s been a bumpy road into the Global Top 50 but with a high stakes merger with Australia’s Blake Dawson…
Real estate: Ashurst and Reed Smith lead on prime £300m New Bond Street acquisition Tom Moore Ashurst’s head of real estate investment David Jones has advised opposite Reed Smith on the £300m purchase of a 50,000 sq…
Linklaters former DCM partner Nigel Pridmore joins Ashurst Hong Kong Jaishree Kalia Linklaters former finance partner Nigel Pridmore has joined Ashurst in Hong Kong, following in the footsteps of London debt capital markets (DCM)…
Ceasefire or guerrilla skirmishes – Ashurst struggles to reconcile its post-merger factions Jaishree Kalia Jaishree Kalia reports on the uneasy peace still hanging over the post-merger Ashurst It’s been over eight months since Charlie…
Financial results 2013/14: Ashurst unveils post-merger turnover of £586m and PEP of £801k as Simmons reveals return to growth Jaishree Kalia Ashurst has unveiled its first post-merger financial results, boasting revenues of £586m and a profit per equity partner (PEP) of £801,000.…
Ashurst remuneration review sees partner profit points allocated up front Jaishree Kalia Ashurst is to adopt merger partner Blake Dawson’s system of allocating partner profit points at the start of the financial year,…
Ashurst finance partner Simon Thrower latest to leave with move to Simmons Jaishree Kalia Ashurst finance partner Simon Thrower has quit to join Simmons & Simmons’ City practice within days of the announcement that corporate…
Ashurst corporate partner Nigel Stacey quits for Gibson Dunn’s City office Jaishree Kalia Ashurst’s corporate partner Nigel Stacey has quit the firm to join the London office of Los Angeles-founded firm Gibson, Dunn & Crutcher.…
Ashurst on board with diversity targets of 40% female partner promotions and 25% partner ratio Tom Moore Ashurst has become the latest firm to introduce gender diversity targets, committing to promote a greater percentage of female associates to…
Asia: Ashurst bolsters Singapore with W&C hire; DLA appoints Asia corporate head; Fenwick & West opens in Shanghai David Stevenson The Asian market has over the past week seen investment from international law firms including DLA Piper, Fenwick & West…
Associate pay – Ashurst ups salaries for trainees and NQs Jaishree Kalia Ashurst has upped its salaries for London-based trainees and newly-qualified lawyers (NQs) after a two-year freeze on pay. First-year and second-year…
Loss and gain: Ashurst loses City corporate partner as KWM finance partner joins in Sydney Jaishree Kalia Ashurst yesterday (12 May) saw both sides of the lateral hiring coin as it announced the hire in Sydney of King…
Life during law: Helen Burton Jaishree Kalia The first deal I worked on when I qualified at Allen & Overy (A&O) was for David Morley and everything…
Ashurst loses further City corporate partner as Jonathan Earle joins Gibson Dunn Jaishree Kalia Jonathan Earle has become the latest Ashurst corporate partner to quit the top 20 firm, leaving after 16 years to…