GC magazine editor Alex Speirs moderated the first panel discussion of the day, entitled ‘Recalibrating the global trade compass’.
Gateley and Anderson Strathern gear up for ‘best friends’ arrangement
AIM-listed law firm Gateley is close to finalising a ‘best friends’ referral arrangement with Scottish Independent firm Anderson Strathern, as the merger between HBJ Gateley and Addleshaw Goddard is due to go live this week.
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Freshfields and Skadden win roles on LSE’s $685m buyout of Citi yield book
Freshfields Bruckhaus Deringer and Skadden, Arps, Slate Meagher & Flom have won places advising on the London Stock Exchange (LSE)’s $685m buy-out of Citi’s yield book and fixed-income indices.
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Freshfields patent litigation duo exit for WilmerHale
Wilmer Cutler Pickering Hale and Dorr is set to pick up Freshfields Bruckhaus Deringer patent litigation partner Justin Watts.
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HSF appoints Spiro to strengthen corporate crime practice
Herbert Smith Freehills has hired veteran corporate crime partner Brian Spiro from London litigation boutique BCL Solicitors, as it bolsters its growing global corporate crime and investigations practice (CC&I).
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Addleshaws chosen as Celesio’s preferred adviser in Scotland as HBJ merger goes live
Top 20 firm Addleshaw Goddard has finally secured a long-awaited Scottish presence as the firm’s merger with HBJ Gateley goes live today (1 June).
Financials 2016/17: OC posts double-digit growth in global revenue despite Brexit woes
Osborne Clarke (OC) has posted double-digit growth in global revenues, up 12% from €219.6m to €245.1m, while UK revenue rose 7% from £112.9m to £121m, accounting for 58% of the firm’s total turnover.
Clyde & Co’s Tait voted Scottish region head replacing legacy Simpson & Marwick’s Keyden
Clyde & Co has chosen latent disease team head David Tait as its new Scotland managing partner, effective from today (1 June), replacing current managing partner and former Simpson & Marwick head Gordon Keyden.
Financials 2016/17: Fieldfisher reveals 34% revenue hike to £165m
An expansive year geographically, combined with a strong performance in corporate and disputes, has seen Fieldfisher announce a 34% increase in turnover for 2016/17, from £121.5m to £165m.
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‘Surprising to some’: RBS shareholders encouraged to accept late offer to avoid litigation risks
The board of the 9,000-strong Royal Bank of Scotland (RBS) Shareholders Action Group has endorsed a settlement to claimants of 82p per £1 offer made by RBS on the evening of the trial, although the sum is below original estimates.
Revolving doors: Baker McKenzie and Fieldfisher hire in Europe, while Kirkland opens in Boston
Despite a slightly less active week for lateral hires in the UK, firms continue to grow their European footprint. Baker McKenzie and Fieldfisher added to their Paris and Dusseldorf bases respectively, as national firm Weightmans hired in Manchester and Kirkland & Ellis opened a new office in Boston.
Gibson Dunn, Latham, Slaughters win roles on Ensco’s $839m buyout of Houston’s Oceanics
Gibson, Dunn & Crutcher, Latham & Watkins and Slaughter and May have won places advising on London-based offshore drilling contractor Ensco’s $839m acquisition of Houston, US’ Atwood Oceanics.
Gateley turnover soars 15% to £77m as group plans further growth
AIM-listed Gateley has seen turnover soar 15% for the financial year ending 30 April 2017, from £67m in 2016 to £77m. In addition, adjusted EBITDA also saw double digit growth, increasing 14% from £12.9m to £14.7m.
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Hogan Lovells hikes NQ pay by 5% in latest round of City increases
Hogan Lovells’ UK newly-qualified (NQ) lawyers pay has risen 5%, as the firm increases junior associates’ salaries.
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CAT rules Law Society abused its dominant position in conveyancing training market
The Law Society of England and Wales abused its dominant position in the market for the provision of quality certifications and accreditations services to conveyancing firms in the UK, the Competition Appeal Tribunal (CAT) has ruled today (26 May).
Clydes and Fieldfisher take spots on NHS litigation panel as BLM misses out
The NHS Litigation Authority (NHSLA) has unveiled a roster of firms for its £544m legal advice panel, with Fieldfisher, Clyde & Co, DAC Beachcroft and Bevan Brittan among those making the cut. Meanwhile, Berrymans Lace Mawer has missed out.
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Quinn’s City outpost loses second partner this year as Friedman exits
London-based litigator Paul Friedman is to leave Quinn Emanuel Urquhart & Sullivan after just over a year at the firm. Friedman is the second partner to leave the US firm this year after a nine year period with no partner exits.
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‘Forward-looking changes’: A&O introduces new management structure
Following a consultation period, Allen & Overy (A&O) has introduced a new executive committee and client group in a bid to introduce more structure in the way it delivers services.
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‘Hugely complicated’: Watson Farley, White & Case, A&O line up on $14bn shipping deal
Watson Farley & Williams (WFW) has advised a group of 29 international and local banks who were acting as financiers on a $14bn merger between shipping giants Hapag-Lloyd and United Arab Shipping Company (UASC).
RBS rights trial judge highlights ‘unparalleled’ defence costs, as trial stayed on new offer
The judge hearing the Royal Bank of Scotland (RBS) £4bn rights issue damages case – currently stayed pending settlement negotiations – has highlighted the bank’s ‘extraordinary’ £129m costs in the case, in a preliminary judgment published on 23 May.
