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%”
Emma Slatter, Deutsche Bank’s former head of strategy, has agreed to join Visa Europe as general counsel to replace Niamh Grogan. Continue reading “In-house: Former Deutsche Bank heavyweight Slatter resurfaces at Visa to take European general counsel role”
Australian-listed law firm Slater and Gordon has sold off 94% of its loans to a consortium of investors to restructure the business. Continue reading “Slater and Gordon set for debt for equity swap as banks sell off 94% of loan book”
Chairman of the Legal Services Board (LSB), Sir Michael Pitt, has ruled himself out of contention for a second year term after his tenure comes to an end on 31 April 2017. Continue reading “LSB chair steps aside as MoJ implements opens competition for successor”
LB100 firms Gowling WLG and Farrer & Co have carried out their latest promotion rounds, with 80% of both Farrer and Gowlings’ promotions being women. Continue reading “Partner promotions: Gowling and Farrer appoint five each in strong rounds for women”
Social gaming giant King Digital Entertainment has seen the departure of its chief legal officer and company secretary Robert Miller for virtual reality start-up Improbable. Continue reading “In-house: King chief legal officer Miller leaves Candy Crush maker for tech start-up”
Kirkland & Ellis has hired Munich-based corporate partner Volkmar Bruckner from Weil, Gotshal & Manges following its loss of a seven-partner team in the city. Continue reading “Kirkland takes Weil PE partner to replenish battered Munich offering”
Midlands-based Browne Jacobson is in late-stage merger talks with London-based construction and insurance specialist Beale & Co to create a combined outfit with eight offices and a turnover of £82m – putting the firm firmly in the top 50 of the Legal Business 100.
Litigation finance outfit Burford Capital has seen its turnover soar 59% to $163.4m in a year which saw the financer aggressively expand with a US merger. Profit after tax was also up 75% to $115m, while the listed company now manages $2.3bn for legal finance. Continue reading “‘Our business has evolved’: Burford Capital income rises by 60% as demand for litigation finance grows”
Following several City exits in 2016 for the Magic Circle firm, Freshfields Bruckhaus Deringer has reinforced its London bench with six new partners as part of an 18-strong promotions round, its largest since 2012. Continue reading “Six in the City: Freshfields makes up 18 partners as London dominates promotions”
Deutsche Bank is close to completing a review of its global legal panel, with the entire Magic Circle heading up the list of those who have already made the cut. Continue reading “Adviser review: Deutsche Bank close to finalising panel roster”
Coca-Cola European Partners has freshened up its legal leadership team as the expiration of the soft drink giant’s UK panel nears. Continue reading “In-house: Coca-Cola refreshes leadership roles appointing RB’s Huma Allana”
The inner financial workings of King & Wood Mallesons‘ (KWM) failed European arm have become evident in the joint administrators’ proposals report, issued last week. Continue reading “KWM admin: Quantuma to bill £1.3m as pensions, business rates experts assess payments”
Having backed out of its proposed London float late last year, UK headquartered software company Misys has merged with Canadian fintech DH Corp through its private equity backers with Kirkland & Ellis and Cravath, Swaine & Moore winning lead roles on the deal. Continue reading “Kirkland and Cravath pick up Misys mandate for C$4.8bn Canadian merger”
City litigation heavyweights have backed the judiciary’s decision to rebrand specialist civil courts within the High Court, creating an umbrella establishment called the Business and Property Courts of England and Wales.
Continue reading “‘Open for business’: City litigators react to new Business and Property Courts”
Freshfields Bruckhaus Deringer‘s aviation finance team is to depart for Holland & Knight following the exit of London’s sole aviation finance partner Rob Murphy. Continue reading “Freshfields loses City aviation finance team as exits continue”
One year on from its acquisition of the banking litigation team of Matthew Arnold & Baldwin in Watford, Dentons has launched a consultation over nine roles in the office. Continue reading “Five lawyer roles at risk as Dentons launches Watford office consultation”
