Revolving doors: Freshfields insolvency veteran heads for the Bar as BCLP and 2Birds beef up global ranks

Freshfields Bruckhaus Deringer

It has been another busy week on the lateral market, with Freshfields Bruckhaus Deringer seeing other departures and a raft of international firms growing their ranks in Europe and the US.

Freshfields’ restructuring and insolvency partner Nicholas Segal will leave the Magic Circle firm after 12 years to start a new career at Erskine Chambers in September after completing the formalities to join the Bar. Continue reading “Revolving doors: Freshfields insolvency veteran heads for the Bar as BCLP and 2Birds beef up global ranks”

Burges Salmon cautious over challenging market as PEP dips against modest revenue growth

A ‘challenging market’ led to sluggish revenue growth at Burges Salmon  for the last financial year, while profit per equity partner (PEP) dipped for the second year in a row.

Revenue at the Bristol-headquartered firm rose 3% to £90m for the 2017/18, after being flat the previous period. However, turnover has grown more than 20% over the last five years. Continue reading “Burges Salmon cautious over challenging market as PEP dips against modest revenue growth”

Pearson eyes cost reductions with rejigged legal panel

Bjarne Tellmann

Education company Pearson has consolidated its legal adviser panels into new ‘preferred’ and ‘general’ rosters, moving away from specialised panels to help reduce costs.

Fourteen firms have been appointed to a new ‘preferred’ panel, which will cover what Pearson describes as ‘day to day requirements’, as well as new areas not formerly covered by external counsel such as US immigration and US employment work. A ‘general’ panel has also been introduced, consisting of 13 firms Pearson has a long-standing relationship with. Continue reading “Pearson eyes cost reductions with rejigged legal panel”

In conversation: Alexander Steinbrecher, Head of Group Corporate, M&A and legal affairs, Bombardier Transportation

GC: Could you tell us a little bit about how you came to your position at Bombardier?

Alexander Steinbrecher (AS): When I did my LLM programme in the US after finishing my legal studies in Germany, I got into conflict management systems. Continue reading “In conversation: Alexander Steinbrecher, Head of Group Corporate, M&A and legal affairs, Bombardier Transportation”

Governo del Cambiamento

‘If populism means that the ruling class is listening
to the needs of the people, if anti-system means
introducing a new system that removes old privilege
and encrusted powers, well these political forces
deserve both these epithets…’

Giuseppe Conte, Prime Minister of Italy
in his inaugural speech to the Italian Senate, June 2018
Continue reading “Governo del Cambiamento”

Wings of Change

One thing is certain in Europe’s aviation sector: uncertainty.

The dramatic collapse of two established major European airlines demonstrated the volatility facing many sections of the industry, with British-headquartered Monarch Airlines and German-based Air Berlin becoming the latest casualties of turbulence in the market. Continue reading “Wings of Change”

In conversation: Marcello Dolores, VP – Corporate Legal and Regulatory Affairs for Southern Europe, Discovery Networks

GC: How did you come to be at Discovery?

Marcello Dolores (MD): I’m now in my seventh year at Discovery. I started to work for Fox International Channels, based in Rome, and in those seven years, there was a big expansion and startup of Fox’s business in Europe. Continue reading “In conversation: Marcello Dolores, VP – Corporate Legal and Regulatory Affairs for Southern Europe, Discovery Networks”

In conversation: Marco Lorefice, Senior Oil and Gas and International Arbitration Lawyer, Edison SpA

GC: Could you tell me about Edison and about your role?

Marco Lorefice (ML): Edison is the oldest European energy company. It’s named after Thomas Edison – a Milanese engineer met him at the end of the 19th century, and set up the first electric energy company in Italy after his name. Continue reading “In conversation: Marco Lorefice, Senior Oil and Gas and International Arbitration Lawyer, Edison SpA”