After being hit by a number of recent financial crime and anti-money laundering scandals, Deutsche Bank moved to establish a new anti-fraud, bribery and corruption team for the EMEA region last month. Continue reading “‘A reaction’: Deutsche Bank to establish new EMEA anti-fraud, bribery and corruption team”
Gateley makes approaches to secure new Scottish tie-up
With the merger between its former Scottish arm and Addleshaw Goddard due to go live on 1 June, Gateley is looking at options for a new Scottish tie-up and has approached a number of firms in the market. Continue reading “Gateley makes approaches to secure new Scottish tie-up”
Signature Litigation client ENRC to appeal as High Court rules in favour of SFO in legal privilege claim
The High Court has ruled that documents prepared by mining giant Eurasian Natural Resources Corporation (ENRC) in relation to a Serious Fraud Office (SFO) investigation were not protected by legal professional privilege (LPP). Continue reading “Signature Litigation client ENRC to appeal as High Court rules in favour of SFO in legal privilege claim”
Freshfields and White & Case line up on Alfa’s £800m IPO in biggest UK tech listing in two years
Freshfields Bruckhaus Deringer and White & Case have won places advising on Alfa Financial Software’s planned float on the London Stock Exchange (LSE), which is expected to value the company at more than £800m. Continue reading “Freshfields and White & Case line up on Alfa’s £800m IPO in biggest UK tech listing in two years”
Former Dewey & LeBoeuf CFO Sanders vows to appeal guilty verdict
A Manhattan jury has found former Dewey & LeBoeuf chief financial officer (CFO) Joel Sanders guilty of altering the US firm’s accounts to cover up its shaky financials ahead of its demise. Continue reading “Former Dewey & LeBoeuf CFO Sanders vows to appeal guilty verdict”
Adviser review: NHS launches £20m tender for shared business services panel
NHS Shared Business Services (NHS SBS) has launched a tender process for a £20m panel to cover a wide portfolio of legal work. The framework, which is split into ten lots, is due to be finalised in August this year. Continue reading “Adviser review: NHS launches £20m tender for shared business services panel”
US employment firm Littler goes big with London takeover
US employment powerhouse Littler Mendelson has announced it is launching in the UK, through a merger with London-based boutique GQ Employment Law. Continue reading “US employment firm Littler goes big with London takeover”
‘A natural fit’: Reed Smith takes Chadbourne Moscow managing partner Baev ahead of NRF merger
Following its recent agreement to combine with Norton Rose Fulbright to create a $2bn firm, Chadbourne & Parke has lost the head of its Moscow office, Andrei Baev, to Reed Smith. Continue reading “‘A natural fit’: Reed Smith takes Chadbourne Moscow managing partner Baev ahead of NRF merger”
Freshfields plans to cut German partnership by up to 20% by 2020
Almost two decades after its flagship three way merger, Legal Business can reveal Freshfields Bruckhaus Deringer is planning to cut its 103 strong German partnership by up to 20 partners by 2020. Continue reading “Freshfields plans to cut German partnership by up to 20% by 2020”
More for less: Simmons to double fee earners at low-cost base by 2019
Simmons & Simmons plans to double its fee earner count in Bristol over the next two years to reach 100 fee-earners, as it has grown its partner count to ten today with its latest hire, pensions partner James Dean from TLT. Continue reading “More for less: Simmons to double fee earners at low-cost base by 2019”
Revolving doors: Linklaters adds depth to Asian offices as Signature opens in Gibraltar with key hire
In a busy week for lateral hires, firms have been actively adding to their offices at home and abroad. Linklaters has made a couple of key appointments in Asia while a host of other firms have hired laterals in the UK, the US and Gibraltar. Continue reading “Revolving doors: Linklaters adds depth to Asian offices as Signature opens in Gibraltar with key hire”
Taylor Wessing launches data breach app in latest tech push
In its latest push to provide clients with new technology, Taylor Wessing has launched a data breach mobile app TW:Cyber Response ahead of regulation changes next year.
Continue reading “Taylor Wessing launches data breach app in latest tech push”
Joining forces: Kennedys lands US merger with Carroll McNulty deal
Insurance specialist Kennedys is merging with US firm Carroll McNulty & Kull to add 43 partners to its offering. Continue reading “Joining forces: Kennedys lands US merger with Carroll McNulty deal”
Lowering the bar: BSB to consult on standard of proof in professional misconduct cases
The Bar Standards Board (BSB) has published a 10-page consultation paper to consider views about lowering the standard of proof for prosecuting barristers accused of professional misconduct. Continue reading “Lowering the bar: BSB to consult on standard of proof in professional misconduct cases”
Ashurst’s London pensions head makes move to PwC legal
PwC Legal has hired Marcus Fink, London head of pensions in Ashurst‘s small pensions practice. Fink moved to Ashurst from Weil, Gotshal & Manges in 2008 as a senior associate, and was made up to partner in 2012. Continue reading “Ashurst’s London pensions head makes move to PwC legal”
Ashurst launches formal alliance with Singapore firm ADTLaw
Ashurst has launched a formal alliance with law firm ADTLaw following approval from the Legal Services Regulatory Authority of Singapore. Continue reading “Ashurst launches formal alliance with Singapore firm ADTLaw”
‘Enhancing our approach to development’: A&O drops annual appraisals in performance pilot scheme
Allen & Overy (A&O) confirmed today (4 May) that it has been running a performance pilot scheme for the last six months, dropping traditional annual appraisals in a new approach to performance management. Continue reading “‘Enhancing our approach to development’: A&O drops annual appraisals in performance pilot scheme”
Major LIA mandate for Enyo ends as SocGen settlement reached
The Libyan Investment Authority (LIA) represented by Enyo Law, has settled its longstanding dispute against Herbert Smith Freehills (HSF) client Societe Generale (SocGen) and Mishcon de Reya client Walid Giamhi. Continue reading “Major LIA mandate for Enyo ends as SocGen settlement reached”
Quinn, Macfarlanes, Hogan Lovells and Milbank gear up for $1bn competition Libor case
A host of City firms are lining up for a $1bn claim being brought against a set of financial institutions accused of co-operatively manipulating the Libor rate. Continue reading “Quinn, Macfarlanes, Hogan Lovells and Milbank gear up for $1bn competition Libor case”
Partner promotions: Bird & Bird and Simmons both announce increased rounds
Simmons & Simmons and Bird & Bird have both announced their partnership promotion rounds for 2017, with both firms seeing an overall increase in numbers over last year’s figures. Continue reading “Partner promotions: Bird & Bird and Simmons both announce increased rounds”
