The City’s top lawyers have met with the Lord Chancellor to discuss the future of the industry ahead of Brexit negotiations. Continue reading “‘The best possible deal’: Truss meets with the City’s top lawyers ahead of Brexit, promises another Global Summit”
LLP latest: Scots deal adds £7m to Clydes bottom line as highest-paid member takes home £1.4m
Clyde & Co‘s highest-paid LLP member received £1.4m during the last financial year, while its merger with Simpson & Marwick brought in an additional £7m in profit in 2015/16.
CMS ends Slovakia alliance and sets sights on Bratislava opening
CMS‘ UK and Austrian member firms have called time on their alliance with Slovakian law firm Ruzicka Csekes, with plans to open a Bratislava office later this year.
Continue reading “CMS ends Slovakia alliance and sets sights on Bratislava opening”
KWM 2.0 moves into new offices as administrators begin investigation into collapsed business
King & Wood Mallesons‘ (KWM) new business in London, comprising seven partners, has today (20 January) moved into new offices on the 4th floor of St Martins Court, 5 Cheapside in the City. Continue reading “KWM 2.0 moves into new offices as administrators begin investigation into collapsed business”
Q&A: Ropes’ private equity player Phil Sanderson on US firms, Travers Smith and Maurice Allen
Legal Business discusses working in a US firm and predictions for the market with Ropes & Gray‘s star private equity partner Phil Sanderson. Continue reading “Q&A: Ropes’ private equity player Phil Sanderson on US firms, Travers Smith and Maurice Allen”
Nick Thomas wins uncontested ballot for another five-year term as Kennedys’ senior partner
Insurance specialist Kennedys‘ longstanding senior partner Nick Thomas has been re-elected to serve a fifth five-year term. It is understood that the election was held this week and Thomas (pictured) was elected unopposed. His new term commences February 2017. Continue reading “Nick Thomas wins uncontested ballot for another five-year term as Kennedys’ senior partner”
Squires former leader Crossley steps into disputes role as LLPs reveal 13% profit boost for Europe
Squire Patton Boggs former Europe and Middle East managing partner Peter Crossley has returned to his old beat as a litigator, heading up the firm’s international disputes practice in London. Continue reading “Squires former leader Crossley steps into disputes role as LLPs reveal 13% profit boost for Europe”
Addleshaws settles £5m arbitration against former partner
Management at Addleshaw Goddard has settled arbitration proceedings against former head of real estate Mark Haywood, two years after he quit for Nabarro. Continue reading “Addleshaws settles £5m arbitration against former partner”
BLP LLPs reveal top pay reduced as firm invests £6m in Australian resourcing business
Berwin Leighton Paisner (BLP) posted a 2% drop in revenue and profitability while paying £6.25m for its 50% stake in flexible legal resourcing business AdventBalance, according to the firm’s latest filings with Companies House. Continue reading “BLP LLPs reveal top pay reduced as firm invests £6m in Australian resourcing business”
‘Serious issues’: City lawyers raise concerns as MoJ pushes ahead with corporate liability reform
Top City lawyers have outlined their concerns as the Ministry of Justice (MoJ) pushes ahead with law reform for corporate liability for economic crime. Continue reading “‘Serious issues’: City lawyers raise concerns as MoJ pushes ahead with corporate liability reform”
KWM’s global chair sets out plans for new European business after SJ Berwin collapse
King & Wood Mallesons (KWM) announced today (18 January) that it has already established a new business presence with 30 partners in the UK, Europe and the Middle East, effective immediately. The statement comes after legacy practice SJ Berwin went into administration yesterday. Continue reading “KWM’s global chair sets out plans for new European business after SJ Berwin collapse”
RPC splashes more than £3.5m on software for loss making consulting arm, LLPs reveal
RPC’s consulting arm will spend more than £3.5m on its acquisition of Cambridge software company Marriott Sinclair, purchased in July 2015. Continue reading “RPC splashes more than £3.5m on software for loss making consulting arm, LLPs reveal”
Orrick takes Olswang Paris head ahead of three way merger
Olswang‘s Paris head Guillaume Kessler has left the soon-to-be-merged firm in favour of Orrick, Herrington & Sutcliffe.
Continue reading “Orrick takes Olswang Paris head ahead of three way merger”
It’s over: King & Wood EUME moved into administration in Europe’s largest-ever legal collapse
Almost three months after King & Wood Mallesons‘ (KWM) European arm halted a recapitalisation programme that would ultimately fail, the legacy SJ Berwin partnership, which has been carrying more than £30m in debt, has moved into administration. Continue reading “It’s over: King & Wood EUME moved into administration in Europe’s largest-ever legal collapse”
Norton Rose turns to PwC veteran Berriman as chief operating officer exits after two years
Transatlantic firm Norton Rose Fulbright (NRF) has hired former PwC board member John Berriman to join its board as its new global chief operating officer. Continue reading “Norton Rose turns to PwC veteran Berriman as chief operating officer exits after two years”
Health department prepares to battle Big Pharma with launch of litigation panel
The Department of Health has launched a tender for a panel of law firms to pursue litigation against companies in the pharmaceutical industry. Continue reading “Health department prepares to battle Big Pharma with launch of litigation panel”
Swings and roundabouts: A&O gains two in the US as former partners move to Simmons and Gibson Dunn
As it continues its push for US expansion, Allen & Overy (A&O) has appointed two partners to its investigations and litigation practice in Washington DC. Meanwhile, a former A&O partner who had retired has resurfaced at Simmons & Simmons, while a team of four moved to Gibson, Dunn & Crutcher in Paris this week. Continue reading “Swings and roundabouts: A&O gains two in the US as former partners move to Simmons and Gibson Dunn”
Revolving Doors: US firms bulk up across international offices
A number of partners have jumped into US firms this week with Bryan Cave, Sidley Austin, Dechert and White & Case all making appointments across their networks. Continue reading “Revolving Doors: US firms bulk up across international offices”
DLA Piper the star attraction as Merlin GC Jowett opts for sole supplier deal
Merlin Entertainments has appointed DLA Piper as its primary supplier for global construction as well as UK commercial, property and HR work, Legal Business can reveal.
Continue reading “DLA Piper the star attraction as Merlin GC Jowett opts for sole supplier deal”
LLP latest: Camerons unveils £11m profits dip ahead of merger while Mayer Brown sees City member profits fall
CMS Cameron McKenna has seen turnover increase but profitability fall for its offices under the UK LLP, according to the firm’s latest filings with Companies House.