In a bid to offer more flexible career options for associates, Linklaters is trialling an alternative career track which would see associates take a pay cut for a reduced working week in its German offices. Continue reading “Linklaters trials fixed-hours week for German associates”
Freshfields Bruckhaus Deringer has hired the Serious Fraud Office’s (SFO) joint-head of bribery and corruption Ben Morgan to its corporate crime and global investigations practice. Continue reading “‘Super valuable’: Freshfields hires SFO’s joint-head of bribery in corporate crime boost”
Allen & Overy (A&O) has made up 10 partners in London with banking, international capital markets and corporate each seeing three promotions in the City in an increased global round of 24. Continue reading “A&O makes up 24 partners in largest promotion round since 2008”
Berwin Leighton Paisner (BLP) has made up four partners worldwide in a significantly smaller promotions round, while Charles Russell Speechlys (CRS) promoted four in London, two thirds of whom are women, in a round of six. Continue reading “Women make up two thirds of CRS partnership round as BLP drastically reduces promotions”
Berwin Leighton Paisner (BLP) has re-signed a deal with Tesco, giving it a three year mandate as the supermarket giant’s lead property adviser. Continue reading “Three more years: Tesco extends real estate mandate with BLP”
Pinsent Masons is launching its third international office in less than a year with the opening of a Madrid office in May. Continue reading “Pinsents opens third international office in 12 months with Madrid launch”
Weil, Gotshal & Manges confirmed today (19 April) that it has hired infrastructure and real estate finance partner Paul Hibbert from Baker McKenzie, as the US firm continues to ramp up its finance coverage in the City. Continue reading “Weil adds to banking practice with Baker McKenzie infrastructure specialist Hibbert”
Details behind one of the largest penalties awarded against a law firm by the Solicitors Disciplinary Tribunal (SDT) have been released after Clyde & Co received a fine of £50,000, while three partners also were also fined £10,000 for breaching accounting and money laundering rules. Continue reading “Inadequate systems: SDT lays out Clydes failings in money laundering case”
In a highly symbolic break from its 2000s incarnation, Linklaters is to phase out individual partner metrics and annual assessments to focus on broader measures of team and firm performance. Continue reading “‘Giving the partnership back’: Linklaters to ditch individual partner metrics to target team performance”
St Louis-based consumer goods group Post Holdings is set to take on UK brand Weetabix Food Company for $1.76bn after five years of Chinese ownership, with Baker McKenzie, Linklaters and Mills & Reeve all winning mandates on the deal. Continue reading “Linklaters, Bakers and Mills & Reeve all get a taste on $1.76bn Weetabix deal”
Clifford Chance commercial litigation partner Simon Davis has been elected as the Law Society’s deputy vice president. Continue reading “Law Society lines up Clifford Chance’s Davis to take over as president”
Clyde & Co has trimmed back on its partner promotions, making up just nine compared to 16 last year and just one in the City.
This year’s lighter round follows several years of increasing numbers for the firm, which made up 16 in 2016 and 13 the previous year.
Continue reading “Clydes trims partner round to nine as Asia sees bulk of promotions”
DLA Piper has closed its Canberra office, marking the firm’s third office closure in a month following its exit from Tbilisi and Berlin.
Continue reading “Down under: third office closure in a month for DLA as it shuts in Canberra”
Professional services company Capita has finalised its commercial legal panel, with a raft of firms making it onto a 21-strong roster.
Continue reading “National firms lead pack as Capita completes legal panel review”
Six finance partners will leave Freshfields Bruckhaus Deringer at the end of this month, with two more to leave the equity while the Magic Circle law firm implements a restructure of its finance practice.
Continue reading “Six partners to exit Freshfields this month as finance restructure takes effect”
Emma Anthony, senior legal counsel of high-end retailer Selfridges, has taken a role at online retailer Yoox Net-A-Porter Group (YNAP) starting in May 2017. Continue reading “Moving online: Selfridges rising in-house star takes lead role at fashion retailer YNAP”
Scandinavian furniture giant IKEA has launched a UK panel review, Legal Business has learned. The review is thought to be for a period of three years. Continue reading “In-house: IKEA launches review to assemble new UK panel”
National newspaper groups including the publishers of The Times, the Daily Mail and The Mirror, represented by RPC and Bates Wells Braithwaite, have lost an appeal against ‘no win no fee’ style pay outs in libel and privacy claims. Continue reading “Appeal dismissed: RPC newspaper clients lose ‘no win no fee’ decision in Supreme Court”
Kirkland & Ellis has recorded a significant upsurge in its revenue and profit per equity partner (PEP) in 2016, as a partner in the firm’s London restructuring team has departed for KKR spin-off Pillarstone. Continue reading “Revenues soar at Kirkland as London restructuring partner exits for KKR spin-off”
Fieldfisher and Mishcon de Reya have announced their partner promotions for 2017, with the latter seeing three associates being made up. That number is half of last year’s figure, where six associates were promoted. Continue reading “Partner promotions: Mishcon cuts appointments in half as Fieldfisher makes up nine”
