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”
Ah, despite the changing fashions, technology and economic realities of the day, in law you can always rely on that curious mix of mutual hypocrisy, miscommunication, mistrust and conflicting agendas between clients and law firms to endure. Continue reading “Comment: Clients and rookie lawyers – some awkward truths and a fatuous debate on training”
Royal Bank of Scotland’s (RBS) Dan Williams has resurfaced at UBS as the bank’s general counsel (GC) for wealth management in Asia Pacific (APAC) and overall GC for the region. Continue reading “RBS’ Dan Williams resurfaces as APAC and wealth management GC at UBS”
Eversheds Sutherland has landed a key role on the administration of British retailer Jaeger, acting for the administrator AlixPartners. Continue reading “Eversheds Sutherland lands key role on administration of British retailer Jaeger”
Reed Smith is opening a new office in Miami after hiring a seven lawyer arbitration and litigation team from local firm Astigarraga Davis. Continue reading “Moving into Miami: Reed Smith enters the market with seven lawyer disputes team”
In a rare lateral move for the US firm, Paul, Weiss, Rifkind, Wharton & Garrison is to appoint Simpson Thacher & Bartlett corporate partner Alvaro Membrillera. Continue reading “Paul Weiss makes rare London hire in blow to Simpson Thacher’s corporate department”
For months I’ve refrained from adding to the reams of pointless Brexit commentary given that until developments develop, not much can reasonably be said. But now article 50 has been triggered, there is a little more to work with. Continue reading “Comment: Prepare for a bumpy Brexit ride and to be ignored”
Herbert Smith Freehills, Shearman & Sterling, Milbank, Tweed, Hadley & McCloy and Reed Smith have also taken places on Deutsche Bank’s controversial new legal panel. Continue reading “Shearman, HSF and Milbank join Deutsche Bank panel as junior lawyer rules prove controversial”
Herbert Smith Freehills (HSF) has promoted 21 associates globally across eight offices, with 12 based in the UK and EMEA region and nine in Asia-Pacific. Continue reading “HSF promotes 21 to partnership including alternative legal services head”
LLP accounts show City elite firms Travers Smith and Mishcon de Reya both saw double digit turnover growth in 2016. While Travers lifted its top paid member to £1.5m, Mishcon’s highest paid dipped slightly. Continue reading “LLP latest: Travers’ top paid takes home £1.5m as Mishcon ‘shares the love’”
Baker McKenzie‘s London office has seen its revenue jump by more than 20% in the firm’s LLP accounts, with turnover up to £176m in 2016 from £145.2m the previous year. Continue reading “Baker McKenzie sees London revenue up to £176m as profits leap”
Sidley Austin has seen its London turnover boosted by 17% in 2016, hitting £75.2m for the firm’s last financial year, while other US shops paint a mixed picture in Legal Business’s Global London Report. Continue reading “Global London results: Sidley Austin City turnover hits £75m as Reed Smith sees a dip”
RPC, Norton Rose Fulbright (NRF) and Squire Patton Boggs have won panel spots at the expense of rival City outfits with places on the Financial Conduct Authority’s (FCA) roster of skilled advisers. Continue reading “Adviser review: Clifford Chance, Hogan Lovells and Ashurst lose out on FCA panel”
In a busy week for both UK-based lateral hires and those further afield in Europe, Eversheds Sutherland has strengthened its education sector group in Leeds, while Ashurst has appointed a new banking partner in Italy. Continue reading “Revolving doors: National recruits for Eversheds and TLT, while Ashurst and DWF bulk up in Europe”
In the latest in the trend of firms offering free advice to budding fintech start-ups, Hogan Lovells has launched a global fintech mentoring programme to guide clients. Continue reading “Hogan Lovells launches global mentoring scheme in latest drive to hook fintech clients”
