Garrigues, the largest firm in continental Europe by number of fee-earners, has recorded a 3% rise in global revenue in 2016, growing to €349.4m. Continue reading “Spanish powerhouse Garrigues posts steady global revenue as LatAm turnover up 82%”
Freshfields, Mishcon and White & Case up for the top prize as shortlist unveiled for 20th Legal Business Awards
Freshfields Bruckhaus Deringer, Mishcon de Reya and White & Case are among the firms competing to be named Law Firm of the Year at this year’s Legal Business Awards. Continue reading “Freshfields, Mishcon and White & Case up for the top prize as shortlist unveiled for 20th Legal Business Awards”
Stepping in: Freshfields corporate partner Richards moves to Rio Tinto legal team
Freshfields Bruckhaus Deringer corporate partner Philip Richards has been seconded to head up Rio Tinto’s legal team following the axing of legal and regulatory affairs group executive Debra Valentine (pictured). Continue reading “Stepping in: Freshfields corporate partner Richards moves to Rio Tinto legal team”
‘An attractive location’: Dentons goes Dutch with Amsterdam merger
Dentons is set to enter the Netherlands, as the firm announced today (2 March) it has combined with Dutch law firm Boekel. Continue reading “‘An attractive location’: Dentons goes Dutch with Amsterdam merger”
HSF claims victory as judge rules White & Case partners free to join
An Australian Supreme Court judge has ruled that the eight partners who quit Herbert Smith Freehills (HSF) in September 2016 to join White & Case will be able to join immediately, but are prohibited from soliciting their former client bases. Continue reading “HSF claims victory as judge rules White & Case partners free to join”
Paris plays: Reed Smith hires eight lawyers from Winston, as Hogan Lovells and Olswang partner pair open office for Ogletree
In a busy week for Paris team hires, Reed Smith has taken on three partners from Winston & Strawn, while US firm Ogletree Deakins has launched its first French office with partner hires from Hogan Lovells and Olswang. Continue reading “Paris plays: Reed Smith hires eight lawyers from Winston, as Hogan Lovells and Olswang partner pair open office for Ogletree”
Paying up: Linklaters and Eversheds advise as Sir Philip Green agrees £363m pensions deal
Sir Philip Green has paid £363m into the BHS pension pot following the collapse of the retailer last year, with Eversheds Sutherland and Linklaters advising. Continue reading “Paying up: Linklaters and Eversheds advise as Sir Philip Green agrees £363m pensions deal”
Making history: HSF, White & Case and Pinsents advise on the first new UK clearing bank in 250 years
Herbert Smith Freehills (HSF), White & Case and Pinsent Masons have picked up mandates advising on the establishment of the first new clearing bank to be approved on the UK market in 250 years. Continue reading “Making history: HSF, White & Case and Pinsents advise on the first new UK clearing bank in 250 years”
Hill Dickinson closes Sheffield office as claims team jumps ship to Kennedys
Kennedys has hired a 24-strong casualty claims team from Hill Dickinson’s Sheffield office, resulting in the closure of the latter’s operations in the region. Continue reading “Hill Dickinson closes Sheffield office as claims team jumps ship to Kennedys”
Court documents revealed: Inside HSF’s battle with White & Case bound partners as judgment looms
As judgment is expected tomorrow in a court battle between a group of Herbert Smith Freehills (HSF) partners and their former colleagues who quit for White & Case, the documents from case reveal how the group quit, and what HSF wants to do to restrain them. Continue reading “Court documents revealed: Inside HSF’s battle with White & Case bound partners as judgment looms”
‘Enduring strength’: HSF, BLP and Mayer Brown advise as £1bn offer made for the Cheesegrater
Herbert Smith Freehills (HSF), Berwin Leighton Paisner (BLP) and Mayer Brown are leading as Chinese Investment Group CC Land is in advanced talks to buy one of London’s landmark buildings, the Leadenhall building (known as the Cheesegrater) for over £1bn. Continue reading “‘Enduring strength’: HSF, BLP and Mayer Brown advise as £1bn offer made for the Cheesegrater”
A tale of two firms: K&S London turnover drops by 8%, while Covington ups City revenue by 9%
King & Spalding‘s London revenue dipped by 8%, while Covington & Burling‘s City turnover went the other way, improving by 9% for the calendar year 2016. Continue reading “A tale of two firms: K&S London turnover drops by 8%, while Covington ups City revenue by 9%”
Trainee retention: HSF and Hogan Lovells post rates as Macfarlanes joins top of the class at 100%
Herbert Smith Freehills (HSF) has posted a spring trainee retention rate of 77%, compared to a rate of 94% this time last year when the firm recorded its third straight score of more than 90%. Continue reading “Trainee retention: HSF and Hogan Lovells post rates as Macfarlanes joins top of the class at 100%”
US financials: Turnover flat at Winston as Goodwin Procter increases revenue by over 5%
As the latest firm to report its global financial results, Winston & Strawn had revenue growth of less than 1% last year to $823m, while Goodwin Procter saw its revenue increase by 5% to $912m as the firm made a series of lateral hires in 2016. Continue reading “US financials: Turnover flat at Winston as Goodwin Procter increases revenue by over 5%”
‘Taken many by surprise’: Insurance firms brace themselves for personal injury discount rate cut
In a move that could increase the future loss element of personal injury claims by 30% in catastrophic cases, the government is planning to significantly cut the discount rate that calculates the value of injury awards.
‘He knows us well’: Anglo American appoints Shearman’s Price as new GC
Anglo American has appointed a former external adviser, Shearman & Sterling‘s co-head of mining and metals Richard Price, as its new group general counsel (GC) following the retirement of Ben Keisler.
Continue reading “‘He knows us well’: Anglo American appoints Shearman’s Price as new GC”
In-house: ARM appoints Symantec’s Herzog as GC as Davis steps down
Cambridge tech success story ARM Holdings has appointed senior Symantec Corporation lawyer Carolyn Herzog as its new general counsel (GC) as previous legal chief Philip Davis departs. Continue reading “In-house: ARM appoints Symantec’s Herzog as GC as Davis steps down”
Revolving doors: DLA Piper pensions partners exit as Freshfields loses Paris real estate head
In a big week for lateral recruitment, a two partner pensions team has quit DLA Piper‘s Leeds office, while Freshfields Bruckhaus Deringer‘s Paris real estate head has left for a US firm. Meanwhile, Dechert and Debevoise & Plimpton have made key hires. Continue reading “Revolving doors: DLA Piper pensions partners exit as Freshfields loses Paris real estate head”
Vaulting ambition: Bond Dickinson to launch in Edinburgh
National player Bond Dickinson is to expand its Scottish presence with a second office, in Edinburgh. The firm, which already has a presence in Aberdeen, will open an office with around two or three partners and up to 20 staff. Continue reading “Vaulting ambition: Bond Dickinson to launch in Edinburgh”
‘Taking longer than anticipated’: Slater and Gordon posts another loss as restructure continues
The struggle continues for Slater and Gordon (S&G) with the firm posting a A$425.1m (£262.6m) net loss for the second half of last year. Continue reading “‘Taking longer than anticipated’: Slater and Gordon posts another loss as restructure continues”
