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.
Continue reading “Gateley and Anderson Strathern gear up for ‘best friends’ arrangement”
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.
Continue reading “Freshfields and Skadden win roles on LSE’s $685m buyout of Citi yield book”
Wilmer Cutler Pickering Hale and Dorr is set to pick up Freshfields Bruckhaus Deringer patent litigation partner Justin Watts.
Continue reading “Freshfields patent litigation duo exit for WilmerHale”
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).
Continue reading “HSF appoints Spiro to strengthen corporate crime practice”
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).
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 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.
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.
Continue reading “Financials 2016/17: Fieldfisher reveals 34% revenue hike to £165m”
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.
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 & 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.
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.
Continue reading “Gateley turnover soars 15% to £77m as group plans further growth”
Hogan Lovells’ UK newly-qualified (NQ) lawyers pay has risen 5%, as the firm increases junior associates’ salaries.
Continue reading “Hogan Lovells hikes NQ pay by 5% in latest round of City increases”
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).
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.
Continue reading “Clydes and Fieldfisher take spots on NHS litigation panel as BLM misses out”
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.
Continue reading “Quinn’s City outpost loses second partner this year as Friedman exits”
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.
Continue reading “‘Forward-looking changes’: A&O introduces new management structure”
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).
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.
Dentons’ Watford internal staff consultation, launched in March, has concluded with the axing of five lawyers – two partners and three junior solicitors, alongside a paralegal and three secretaries.
Continue reading “Dentons axes five lawyers from Watford office after consultation”
