The chief executive of the Law Society Catherine Dixon has joined a panel of experts instructed to advise London mayor Sadiq Khan in upcoming Brexit negotiations.
Continue reading “Law Society chief executive appointed to London mayor Sadiq Khan’s Brexit panel”
Litigation funding company Burford Capital is set to acquire Chicago-based investment manager Gerchen Keller Capital for $160m to create a firm with $1.2bn in assets in ongoing cases. Continue reading “‘The clear leader’: Burford Capital merges with US rival Gerchen Keller to create funding powerhouse”
After record profitability last year Macfarlanes has reported a 9% fall in profits to £82.5m, while management pay was up, according to its latest LLP accounts. Continue reading “Macfarlanes LLPs show profit dip to £82.5m as management pay rises”
Partners at Eversheds and Atlanta-based Sutherland Asbill & Brennan have voted today (16 December) to create a new global firm called Eversheds Sutherland. Eversheds’ threshold was two thirds of the partners who were eligible to vote, while in the US Sutherland only needed 50% of the partnership vote. Continue reading “Eversheds votes for US merger as Singapore tie-up delayed”
King & Wood Mallesons has incorporated a new limited liability partnership on Companies House called ‘KWM Deutschland’. Continue reading “KWM moves to secure European presence with ‘KWM Deutschland’ spin off”
Barclays’ lead legal counsel for client and customer experience Dean Nash has joined fintech startup Monzo bank as head of compliance. Continue reading “Rise of the fintechs: Barclays divisional legal head leaves for Monzo bank”
The Competition and Markets Authority (CMA) has said clients are struggling to find legal services at the right value following its year-long review into legal services industry. Continue reading “‘Step change in standards’: CMA sets timeline to improve price transparency in legal services”
Former Freshfields Bruckhaus Deringer senior partner Will Lawes is the latest heavyweight from the Magic Circle firm move into investment banking, taking a position at Lazard. Continue reading “Another Freshfields heavyweight moves into banking as former senior partner Lawes joins Lazard”
DLA Piper, Slaughter and May and Clifford Chance (CC) have all won roles advising on Heineken UK’s proposed £403m acquisition of a portfolio of approximately 1,900 UK pubs owned by Punch Taverns. The beer giant has made a bid for the pubs alongside Patron Capital. Continue reading “DLA, Slaughters and CC advise on Heineken UK’s bid for Punch pubs portfolio”
Associates at Slaughter and May will receive salary increases of up to 10% as of January 2017 following a major review of the firm’s pay structure, as well as options for working from home and a paid sabbatical. Continue reading “Slaughters seeks to maintain no billable hours culture with associate pay revamp”
Staff at the European arm of King & Wood Mallesons (KWM) have been told the firm is expected to move into administration on 16 January. Continue reading “January deadline looms as KWM Europe sets administration date”
Matrix Chambers has concluded an investigation into top silk Ben Emmerson QC following allegations of sexual assault during his work on the Independent Inquiry into Child Sexual Abuse (IICSA) and found he did not commit any act of sexual assault or harassment. Continue reading “Matrix Chambers clears Ben Emmerson QC after investigation into sexual assault allegations”
A conclusion to the sorry saga which has been the European partnership woes of King & Wood Mallesons (KWM) is expected to come to an end this week, while staff have been told they will continue to be paid throughout the process of finding a merger partner. Continue reading “KWM latest: More US firms in play as crunch time approaches for legacy SJ Berwin”
Well, it is nearly over and few in the profession will mourn the passing of 2016. Not since the banking crisis of 2008/09 have 12 months so drastically recast the environment in which law firms ply their trade, most strikingly, of course, in June’s vote for Britain to quit the EU and November’s election of Donald Trump as the 45th US president. Continue reading “Comment: After shocks of 2016, law leaders may need to start thinking”
Latham & Watkins announced today (13 December) that it has hired Herbert Smith Freehills’s (HSF) global energy co-head John Balsdon, who will join its finance team in the City.
Continue reading “Latham continues City hiring spree with HSF energy head Balsdon”
Freshfields Bruckhaus Deringer, Allen & Overy (A&O) and Hogan Lovells have all advised as Asahi Group Holdings buys a group of eastern European beer brands from Anheuser-Busch InBev (AB InBev) for €7.3bn. Continue reading “Turning Japanese: Freshfields and A&O act as Asahi makes €7.3bn play for five AB InBev beer brands”
Having taken on the top London role from popular global chair Paul Rawlinson, Baker & McKenzie London managing partner Alex Chadwick (pictured) talks to Matthew Field on the challenges of leadership.
Shearman & Sterling and Latham & Watkins have advised Thomas Cook and the underwriting banks in the global travel specialists’ €750m high yield bond offering, guaranteed by various Thomas Cook subsidiaries. The offering comprised of 6.25% senior notes due 2022, and the proceeds will be used to refinance existing debt. Continue reading “‘Significant in the post-Brexit market’: Shearman and Latham lead on Thomas Cook €750m high yield offering”
Addleshaw Goddard boosted its London practice with another hire last week as Weil, Gotshal & Manges, Baker & McKenzie, Dentons and Withers all boosted their platforms.
Arbitration today is full of routine corruption and rogue elements disrupting the process, argued Quinn Emanuel Urquhart & Sullivan’s Stephen Jagusch QC (pictured) at Legal Business’s International Arbitration Summit in November.
The second annual arbitration event held at The Brewery saw a panel comprising a quartet of silks, including Jagusch, Boies, Schiller & Flexner’s Wendy Miles QC, Fountain Court Chambers’ Brian Doctor QC and 20 Essex Street’s Duncan Matthews QC. Continue reading “‘Riddled with rogues and corruption’: Quinn Emanuel’s Jagusch on modern arbitration”
