Clyde & Co has continued its US expansion, launching in Chicago and Washington DC. The firm has taken on a team of ten partners from Global 100 firm Troutman Sanders who will launch the two new offices. Continue reading “Clyde & Co continues US expansion with ten partner hire to open in Washington and Chicago”
RPC has appointed insurance head James Miller as the firm’s new managing partner, effective immediately. Continue reading “RPC elects insurance head Miller as new managing partner to succeed Watmough”
Dechert‘s financials for 2016 show revenue has risen 3% to $911.5m, while profit per equity partner (PEP) increased by 2% to $2.6m, mostly off the back of solid growth in London of 19% in billed and received work. Continue reading “US financials: London growth sees modest rise in Dechert’s global revenue and PEP”
The Law Society has appointed non-lawyer Paul Tennant as its interim chief executive following the resignation of Catherine Dixon at the start of January. Continue reading “‘A period of significant change’: Law Society appoints former housing body boss as interim chief executive”
Freshfields Bruckhaus Deringer and Clifford Chance are advising on Tesco’s £3.7bn merger with Booker Group, the UK’s biggest food wholesaler. Continue reading “Supermarket sweep: Freshfields and Clifford Chance line up on Tesco takeover of Booker”
Fieldfisher has formed a new business focused on offering alternative legal services aided by document-reading software. The new business unit, called Condor, is being overseen by former Ashurst head of securities and derivatives Christopher Georgiou. Continue reading “Former Ashurst securities head emerges at Fieldfisher to launch alternative legal business”
An open banking initiative funded by the UK’s nine biggest banks has appointed former Lloyds and Halifax lawyer Marcus Ezekiel as its first general counsel, Legal Business has learned. Continue reading “In-house: Open banking group appoints first GC and picks Hogan Lovells as sole adviser”
The Solicitors Disciplinary Tribunal (SDT) has dismissed claims against Farrier & Co partner Julian Pike, a solicitor accused of advising News International that it should spy on lawyers who were acting for victims of phone hacking. Continue reading “SDT clears News of the World lawyer of spying claims”
Following the collapse of King & Wood Mallesons‘ (KWM) European arm last week and the lateral moves of all but 33 of its partners, Greenberg Traurig has confirmed CBRE, Westfield and British Airways’ Pension Fund have followed a six-strong group of former KWM partners to Greenberg as new clients. Continue reading “Greenberg reveals list of European relationships gained through KWM hires”
A string of firms including Slaughter and May and Cravath, Swaine & Moore are acting on Johnson & Johnson’s $30bn offer to buy Swiss biotech company Actelion. Continue reading “Slaughters and Cravath pick up roles on $30bn Johnson & Johnson bid for Actelion”
RPC has seen its total pay to key management personnel drop to £6m for the 2015/16 financial year, down from £6.3m the year before, while remuneration to the firm’s highest paid member also fell. Continue reading “RPC accounts show management pay falls to £6m as consulting makes up 1% of revenue growth”
Allen & Overy‘s (A&O) c-suite including its senior partner and managing partner, global practice heads and support directors took home £13.6m in 2015/16, up 7% on last year’s £12.7m, the firm’s accounts reveal. Continue reading “A&O management sees a 7% increase to pay amid modest revenue growth”
Debevoise & Plimpton co-managing partner Lord Peter Goldsmith has secured a victory for Shell in the High Court as a judge barred 40,000 villagers from the Niger Delta from claims against the oil giant over decades of oil spills. Continue reading “Debevoise acts opposite Leigh Day on another pollution claim against Shell”
DLA Piper International’s operating costs have increased by £10.6m to £502.7m according to the firm’s latest LLP accounts, which DLA said is ‘largely attributable to inflationary salaries and key investments into delivering effective and efficient client service’ including project management capabilities and the transfer of 200 business support jobs in the UK to Warsaw last year. Continue reading “DLA LLPs reveal costs up by £11m due to inflation and ‘key investments’ including Warsaw”
Addleshaw Goddard‘s highest paid partner took home £1.1m in 2015/16, up from £936,000, its recently filed LLPs reveal. The accounts show turnover at £195.1m, an increase of 4%. Continue reading “Addleshaws highest paid member took home more than £1m, LLP accounts reveal”
Readers of Lawyer Watch will be familiar with my posts on the tensions inherent in a lawyers’ duties to their clients and their duties to uphold the rule of law and the proper administration of justice. Continue reading “Guest post: Rolls Royce Service – risk, compliance, and ethics – where were the lawyers?”
Dentons‘ UK, Middle East and Africa business has seen turnover increase 7% to £169m for the financial year ending 2015/16, up from £157m the previous year, according to the firm’s LLP accounts. Continue reading “LLP latest: Dentons European and African business turns over £169m as top-earning member pockets 60% more”
Freshfields Bruckhaus Deringer has lost a member of its US partnership with Goodwin Procter hiring securities and commercial litigation partner Marshall Fishman. Continue reading “Freshfields loses another New York heavyweight as securities litigator Fishman moves to Goodwin”
Bird & Bird‘s turnover increased 5% to €344.5m for the 2015/16 financial year, according to the firm’s recently filed accounts. Alongside the increase in turnover, the firm saw its profits rise by 2% to €96m and net debt tumble by 15% to €39.5m. The accounts partially attribute this downslide to the stronger Euro against Sterling. Continue reading “Bird & Bird profits rise 2% after €17m spend on new City headquarters, accounts reveal”
FTSE 250 company Berendsen has appointed its first general counsel with the appointment of Alice Darwall from Proxmity Advisors. Continue reading “In-house: Berendsen hires first general counsel as textile firm expands”
