Barely into 2017 and it has already been an eventful year for verein-based law firms, with King & Wood Mallesons meeting a painful end in Europe while, in happy contrast, Norton Rose Fulbright (NRF) has just secured its second substantive US merger in the shape of Chadbourne & Parke. Continue reading “Comment: NRF’s New York merger – the trade-offs of federalism”
Latham & Watkins’ global co-head of international arbitration Sophie Lamb (pictured) discusses Lord Goldsmith, Latham and the impact of Brexit with Georgiana Tudor. Continue reading “Q&A: Latham’s Sophie Lamb on life in chambers, practice and the danger of post-Brexit immigration policy”
In its second office closure in a week, DLA Piper will shut down its Georgia operations with all fee earners, including two partners, departing for Dentons. Continue reading “Dentons takes entire Tblisi office from DLA Piper as firm closes in Georgia”
Lloyds Banking Group (LBG) is to axe a further 22 legal roles as part of a further restructure of the bank’s legal team. In addition, a total of c.5.5 full-time equivalent (FTE) roles will be created. Continue reading “‘People are really upset’: Lloyds to axe 22 legal roles as part of further restructure”
Debevoise & Plimpton posted a 3% drop in global revenue to $735m as profits per partner also slumped by 8% to $2.4m. The New York-headquartered firm lost $21.2m from its top line in 2016, after growing revenue by $41.6m last year. Continue reading “‘Consolidating growth’: Debevoise posts global revenue and profit drop”
What are we to make of the most aggressive raid between top ten City firms since Allen & Overy helped itself to the bulk of Norton Rose’s leveraged finance team back in 2002? In some ways, news this month that Freshfields Bruckhaus Deringer is to ship in a productive five-partner buyout group from Ashurst seems even more notable. Continue reading “Comment: Hot private equity money is remaking Europe’s legal market”
Given the multiplicity of channels available to money launderers and the increasingly sophisticated methods they use to cover their tracks when routing dirty money, claimants in asset-tracing cases face many barriers to recovering funds.
BLP confirmed today (21 March) that nine of its lawyers, including intellectual property (IP) head Simon Clark and head of the brand management and trade marks group Ian Gruselle, are leaving the firm for TMT specialist Bristows.
As the firms prepare for their three way merger, 300 support staff roles at CMS Cameron McKenna, Olswang and Nabarro are set to be cut following a redundancy consultation. Continue reading “Consolidation: CMS Olswang and Nabarro to cut roughly a third of support staff jobs ahead of merger”
Reed Smith confirmed today (21 March) King & Wood Mallesons (KWM) New York-based international funds partner Parik Dasgupta has joined the firm’s corporate practice. Continue reading “KWM New York co-founder Dasgupta quits for Reed Smith leaving one partner in legacy SJ Berwin outpost”
Trainees at Nabarro and Olswang certainly seem set on the prospect of a three way merger with CMS Cameron McKenna, with 100% and 88% respectively from the two firms accepting offers as newly qualified (NQ) solicitors. Continue reading “Nabarro posts perfect score as Camerons drags three-way trainee retention rate down to 84%”
Linklaters has promoted 26 new lawyers to its partnership, increasing the size of its promotions round for the fourth year in a row. Continue reading “Linklaters elects 26 new partners as round size increases again but misses female partner target”
The legal team at American International Group (AIG) EMEA is to carry out wider panel assessments for Europe, Middle East and Africa, following the ongoing review of the insurer’s UK roster, which is due to complete at the end of March. Continue reading “Adviser review: AIG to roll out UK panel process to entire EMEA region”
The pace of lateral hires remains constant as spring approaches, with firms making a host of key appointments in the UK and abroad. Stewarts Law has patched the gap left by the departure of Scott Campbell while Allen & Overy, Keystone Law, CMS and DAC Beachcroft have all secured significant moves. Continue reading “Revolving doors: A&O strengthens Spanish practice as Stewarts, CMS and DAC Beachcroft make appointments”
DLA Piper is to close its Berlin office as its sole partner moves, alongside an of counsel, to launch DWF‘s offering in the German capital. Continue reading “DLA to close Berlin as sole partner moves to launch DWF offering”
Whether for commercial litigation or arbitration, London has established a position as one of the leading centres for international construction dispute resolution. The UK Bar and judiciary are generally held in high regard around the world, upholding the highest standards of integrity and independence. English common law is widely used throughout the world and written into many construction contracts. Continue reading “Sponsored briefing: Navigant’s Peter Brooker on how London retains its position in global construction disputes”
Slaughter and May, Allen & Overy (A&O), S&R Associates, Vaish Associates Advocates and Bharucha & Partners all gained mandates as the Vodafone Group is to acquire rival Idea Cellular in a bid to create India’s largest communications business by revenue. Continue reading “Slaughters dials in on latest Vodafone deal as telco moves to create India’s largest communications operator”
Ahead of his firm’s triple merger with Nabarro and CMS Cameron McKenna, Olswang veteran Michael Burdon is to leave for Simmons & Simmons to reinforce the firm’s intellectual property (IP) offering. Continue reading “Simmons lands Olswang heavyweight Michael Burdon in senior exit ahead of triple merger”
A deal for Stewarts Law to merge with boutique Enyo Law to create an £80m disputes specialist has been called off, Legal Business can reveal. Continue reading “Called off: Stewarts Law deal to acquire Enyo scrapped”
Linklaters, Norton Rose Fulbright and Osborne Clarke have all posted their spring trainee retention rates, with Osborne Clarke keeping 100% of its qualifiers for the second spring in a row. Continue reading “Linklaters last Magic Circle firm to post spring trainee retention rates as Osborne Clarke keeps 100%”
