Legal ops of horrors

Neil Murrin

Despite clear progression in the use of non-legal business professionals within in-house teams, general counsel (GCs) often still see ‘legal ops’ as more buzzword than beneficial.

There have been successes. Mo Ajaz is the highly-regarded chief operating officer (COO) at National Grid and, according to GC Alison Kay, he is vital in driving efficiencies. ‘We have a drive to make us much more business friendly and to act more like a business, as well as bringing in tech. We know which outside vendors to look to when it comes to tech.’ Continue reading “Legal ops of horrors”

Assault on the alt: GCs on the new law providers

Catherine Johnson

For all the rampant spin around alternative legal suppliers, it is safe to say general counsel (GCs) have been less than satisfied with their services.

Trainline GC Neil Murrin has few qualms around the quality of the people the likes of Axiom, Lawyers On Demand (LOD) and Obelisk provide, but finds pricing a sticking point. He has used Axiom and LOD for various one-off projects over the last year: ‘They provide very good people. Everyone they’ve sent has been really high calibre. If you want to bring in someone yourself, you have to interview thousands of people, but they do that filtering for you.’ Continue reading “Assault on the alt: GCs on the new law providers”

The MBA all-stars: training and development for GCs

In-house legal teams have become more sophisticated over the last 20 years but, according to many general counsel (GCs), the pressure to widen their skillsets over the next decade is intense.

For Pearson GC Bjarne Tellmann, the roundedness of the modern in-house lawyer starts with the training they receive, but he laments a hole in the market. He sends his trainees to receive mini-MBAs or ‘executive MBA-style training’ from a range of institutions, including Deloitte University. Oxford and Harvard also provide mini-MBAs. Continue reading “The MBA all-stars: training and development for GCs”

Comment: PRIME and the rise of law’s tick-box diversity ‘solution’

Social mobility Banksy-style

The sheepish evasion now emanating from the once-lauded social mobility project PRIME is an abject lesson in what ethically ails the modern profession. Flashy initiatives, heavily promoted and then… nothing. Because the truth is that large commercial law firms confronted with all manner of social dilemmas have developed an increasingly unhealthy reflex response of reaching for gestures to give the facsimile of action with at best minimal focus on tangible results.

As you can see in Thomas Alan’s piece this month, the lack of rigour and quantifiable results emerging from PRIME, the most celebrated response to a social affairs issue to ever emerge from the commercial UK profession, is an ominous sign for an industry that purports to be getting more progressive. Continue reading “Comment: PRIME and the rise of law’s tick-box diversity ‘solution’”

Revolving Doors: Fieldfisher lands new energy co-head as King & Spalding and Pinsents strengthen City benches

Firms began their Christmas shopping in earnest last week, with LB100 pacesetter Fieldfisher strengthening its energy practice while Pinsent Masons recruited in structured finance and King & Spalding enhanced its City corporate practice.

Meanwhile, TLT made a hire in the regions as Bird & Bird and Dentons made moves abroad.

Continue reading “Revolving Doors: Fieldfisher lands new energy co-head as King & Spalding and Pinsents strengthen City benches”

After the hammer, a scalpel – Kirkland confirms long-groomed successor to ‘visionary’ chair Hammes

Kirkland & Ellis wrecking ball

In probably the worst kept secret in Chicago legal circles, Kirkland & Ellis has confirmed that partner Jon Ballis will become its next chair when highly-rated incumbent Jeffrey Hammes steps down in February 2020.

Ballis’ elevation was officially confirmed last week, though Legal Business reported the succession plan back in July. Nevertheless, the Chicago-based private equity specialist faces a challenge in taking over from a leader who transformed Kirkland from regional challenger to unquestioned global elite. Continue reading “After the hammer, a scalpel – Kirkland confirms long-groomed successor to ‘visionary’ chair Hammes”

European Court of Justice makes landmark Brexit ruling as Fieldfisher prevails in $1.9bn Ukrainian banking dispute

As a crunch parliamentary vote on Theresa May’s Brexit deal looks to be postponed, the European Court of Justice (ECJ) has ruled the UK is free to unilaterally revoke its decision to a divorce from the EU.

The landmark ruling means that UK parliament can instruct the government to bring an end to the Brexit process, if it so wishes. Continue reading “European Court of Justice makes landmark Brexit ruling as Fieldfisher prevails in $1.9bn Ukrainian banking dispute”

‘Scale and investment capability’: Ashfords and Boyes Turner merger to create £60m southern force

South west-based Ashfords and Thames Valley firm Boyes Turner are primed to merge, creating a 100 partner-strong £60m southern law firm.

The merger will go live on 1 May 2019, subject to due diligence and legal agreements, while initial talks taking place in early 2017. The new firm will have a total of 700 employees and seven offices, with scale, future investment opportunities and client wins the cited motivations for the move. Continue reading “‘Scale and investment capability’: Ashfords and Boyes Turner merger to create £60m southern force”

First big defeat for Osofsky as SFO fails in Tesco prosecution

Newly-installed Serious Fraud Office (SFO) director Lisa Osofsky has suffered her first major setback, as the agency’s prosecution of two former Tesco executives was quashed this morning.

At Southwark Crown Court, Judge Sir John Royce instructed the jury to acquit John Scouler, formerly Tesco’s UK food commercial director, and Chris Bush, previously Tesco’s UK managing director. Both men had been prosecuted by the SFO on fraud and false accounting charges over a £250m profit overstatement by Tesco in 2014. Continue reading “First big defeat for Osofsky as SFO fails in Tesco prosecution”

‘Commitment to London’: Dechert makes up three in the City amid 16-strong partner promotions round

starry sky over the City

Dechert is continuing a recent spate of investment in its London office with the promotion to partner of three in the City amid a scaled up 16-strong global round.

The Philadelphia-headquartered firm has continued its commercial litigation push by making up Matthew Banham and Timothy Bowden from its white-collar crime bench in London, while tax lawyer Daniel Hawthorne has also been promoted. Continue reading “‘Commitment to London’: Dechert makes up three in the City amid 16-strong partner promotions round”

City criminal law firm HJA ushers in sweeping ownership changes amid succession problem

drawing a network of people

London law firm Hodge Jones & Allen (HJA) has brought in sweeping changes to its ownership model, making it the first firm to be wholly owned by its employees.

The reform, which has been implemented through an employee ownership trust (EOT), is intended to secure the firm’s long-term future and address succession issues posed by the impending retirement of senior partner Patrick Allen. Continue reading “City criminal law firm HJA ushers in sweeping ownership changes amid succession problem”

Revolving Doors: Greenberg capitalises on Ropes & Gray’s real estate cutback as Gowling and BWB make City moves

City of London

There were signs of a pre-Christmas pick up in the City lateral market last week with Greenberg Traurig the leader following a double hire from US counterparts Ropes & Gray.

Gowling WLG, meanwhile, made a significant London hire to its planning and environment practice as Bates Wells Braithwaite (BWB) brought in a team from Pennington Manches. Continue reading “Revolving Doors: Greenberg capitalises on Ropes & Gray’s real estate cutback as Gowling and BWB make City moves”

Media lawyer Mark Lewis fined £2,500 in controversial SRA antisemitism row

Mark Lewis

Well-known media lawyer Mark Lewis, who received a Solicitors Disciplinary Tribunal (SDT) fine for responding angrily to online anti-Semitic abuse, has had the bulk of his fine paid by crowdfunding supporters.

Lewis, recognised for his work advising phone-hacking victims against the News of the World, was fined £2,500 and ordered to pay £10,000 in costs after he ‘wished death’ to social media abusers. Continue reading “Media lawyer Mark Lewis fined £2,500 in controversial SRA antisemitism row”

Deal watch: Bakers and Slaughters drink in £3.1bn Horlicks acquisition as AJ Bell IPO yields dividends for Pinsents and Addleshaws

As the market hunkers down for the festive season, GlaxoSmithKline’s (GSK) £3.1bn sale to Unilever of Horlicks has warmed the cockles of City teams from Baker McKenzie and Slaughter and May, while Pinsent Masons and Addleshaw Goddard have won key mandates on what is likely the year’s last big London listing.

The GSK deal sees it sell its malted drink brand Horlicks and other consumer healthcare nutrition brands to Unilever and includes the merger of listed GSK Consumer Healthcare India with Hindustan Unilever. GSK will also sell its 82% stake in GlaxoSmithKline Bangladesh in the deal, which is slated to complete by the end of next year. Continue reading “Deal watch: Bakers and Slaughters drink in £3.1bn Horlicks acquisition as AJ Bell IPO yields dividends for Pinsents and Addleshaws”

Bar Council seeks further PC fee hike as new figures uncover the millionaire barristers

In a move unlikely to inspire mirth from Middle Temple, the Bar Council is seeking to establish new top-tier pay grades for the practising certificate fee (PCF).

As set out in a recent consultation, the Bar Council wants to introduce two new payment bands: Band 7 and Band 8, for high-earning barristers. Continue reading “Bar Council seeks further PC fee hike as new figures uncover the millionaire barristers”

‘Continues to fly’: Fieldfisher true to form with 26% revenue hike as Chissick gets re-elected

Michael Chissick

Cementing its reputation as one of the UK’s highest-performing firms, Fieldfisher has recorded an above-trend 26% uptick in revenue in its half-year results for 2018/19.

The £97m turnover outstripped the £76.7m for the comparable period, the first half of last year. The revenue figure covers Fieldfisher’s UK, France, Belgium, Germany, Luxembourg and Silicon Valley offices. The firm’s Swiss Verein offices in Netherlands, Italy, Spain and China are not included. Continue reading “‘Continues to fly’: Fieldfisher true to form with 26% revenue hike as Chissick gets re-elected”

Disputes round-up: Simmons wins Petrofac mandate as White & Case makes key regulatory hire

Serious Fraud Office

Simmons & Simmons has landed a major Serious Fraud Office (SFO) investigation mandate at the expense of Freshfields Bruckhaus Deringer.

Simmons’ crime, fraud and investigations head Stephen Gentle and partner Nick Benwell have been enlisted to defend oil and gas company Petrofac in the SFO probe, taking on the mandate from Freshfields. Continue reading “Disputes round-up: Simmons wins Petrofac mandate as White & Case makes key regulatory hire”

Royal Mail GC de Bie posts resignation to take on new role at easyJet

Maaike de Bie

Highly rated Royal Mail general counsel Maaike de Bie has resigned to become legal chief at FTSE 100 airline easyJet next year.

De Bie (pictured), who is expected to join up with easyJet in 2019, brings to an end a five-year tenure at Royal Mail. She joined in January 2014 as deputy GC and subsequently oversaw a legal panel review in November of the same year. Prior to Royal Mail, White & Case-trained de Bie had spells in-house at both GE and Big Four firm EY. Continue reading “Royal Mail GC de Bie posts resignation to take on new role at easyJet”

Another CEE closure for Weil Gotshal as Prague team launches independent firm

Prague, Czech Republic

Weil, Gotshal & Manges is continuing to scale back its once-potent central and eastern Europe (CEE) operations with its entire Czech Republic-based team set to spin off at the end of the year.

The New York firm confirmed today (27 November) that veteran Prague managing partner Karel Muzikář will quit after more than 25 years to set up an independent shop from 31 December alongside fellow partners Karel Drevinek, Petr Severa and Karolina Horakova. Continue reading “Another CEE closure for Weil Gotshal as Prague team launches independent firm”

Changing of the guard at Shakespeares and Shoosmiths with CEO appointments

Sarah-Walker Smith

Regional player Shakespeare Martineau and national firm Shoosmiths have both implemented change at the top with the appointments of new chief executives.

Shakespeares made a rare leadership hire from another firm, bringing on Browne Jacobson chief operating officer Sarah Walker-Smith (pictured) as chief executive. Walker-Smith replaces long-serving chief executive Andy Raynor, who announced his intention to step down earlier this year, at the Midlands firm. Continue reading “Changing of the guard at Shakespeares and Shoosmiths with CEO appointments”