The Home Affairs Select Committee has pressed the Independent Inquiry into Child Sexual Abuse (IICSA) to make finding a new lead counsel its ‘priority’. Continue reading “MPs call on child abuse inquiry to make new lead counsel priority after Emmerson exit”
DAC Beachcroft takes on Clyde & Co team including four partners
DAC Beachcroft will pick up a team from its insurance competitor Clyde & Co with four partners making the move to the firm. Continue reading “DAC Beachcroft takes on Clyde & Co team including four partners”
Mishcon employment partner heads in-house in rare exit from City firm
Mishcon de Reya has seen a partner exit from its ranks, as it has emerged that employment lawyer Helen Croft has joined communications agency, Mission Media, as its chief operating officer and general counsel (GC). Continue reading “Mishcon employment partner heads in-house in rare exit from City firm”
‘Rapidly changing’: DWF enters Northern Ireland market through Belfast merger
National firm DWF has secured a merger in Northern Ireland with Belfast firm C&H Jefferson as the 20-partner firm prepares to join on 1 December. Continue reading “‘Rapidly changing’: DWF enters Northern Ireland market through Belfast merger”
‘Continued transformation’: Ashurst fills CFO position with UKTV executive
Ashurst has found a replacement chief financial and operations officer with UKTV’s Jan Gooze-Zijl stepping into the role.
Continue reading “‘Continued transformation’: Ashurst fills CFO position with UKTV executive”
Eversheds leadership structure finalised as Gray made executive partner and Froud takes MP role
Eversheds‘ management structure has been finalised following Lee Ranson’s appointment as chief executive last month, Legal Business has learned. Continue reading “Eversheds leadership structure finalised as Gray made executive partner and Froud takes MP role”
Goodwin Procter poised to take majority of KWM’s prized funds team
Four King & Wood Mallesons partners, the majority of the firm’s influential funds team, are in talks to join Goodwin Procter, following their former group head Michael Halford’s decision to join the US firm. Continue reading “Goodwin Procter poised to take majority of KWM’s prized funds team”
‘Strategic progress’: Paul Hastings posts 16% revenue rise in Europe to £96m
The European offices at Paul Hastings had a record year in 2015, with profit increasing by 50% from £20.2m to £30.2m. The firm also posted a 16% increase in revenue from £82.5m to £96m, according to filings at Companies House for the year ending 31 January 2016. Continue reading “‘Strategic progress’: Paul Hastings posts 16% revenue rise in Europe to £96m”
Pinsents lands Scotland’s corporate deal of the year in £1.4bn Skyscanner sale
In Scotland’s biggest corporate deal this year, Pinsent Masons, Travers Smith and Skadden, Arps, Slate, Meagher & Flom all won roles acting on the sale of Skyscanner for £1.4bn. Continue reading “Pinsents lands Scotland’s corporate deal of the year in £1.4bn Skyscanner sale”
Law firm model at risk as Hammond reveals plans to tackle ‘partnership taxation’ in autumn statement
In a move which could curb law firms’ ability to share profits based on actual performance, yesterday’s (23 November) Autumn Statement by Chancellor Philip Hammond revealed plans to shake up profit sharing arrangements in partnerships. Continue reading “Law firm model at risk as Hammond reveals plans to tackle ‘partnership taxation’ in autumn statement”
Simmons defends Barclays on former executive’s employment dispute
Simmons & Simmons has been gifted with a high-profile instruction defending Barclays as it faces an unfair dismissal dispute taken by a former top executive, who alleges he was sacked after investigators at the UK’s Serious Fraud Office (SFO) passed the bank a transcript of his interview with them.
Continue reading “Simmons defends Barclays on former executive’s employment dispute”
Dechert’s new PE duo lead for Mid Europa on €533m Romanian supermarket deal
Dechert has picked up work from key White & Case client Mid Europa Partners, as new partners Ross Allardice and John Markland took roles on the private equity house’s €533m acquisition of supermarket Profi Rom Food. Continue reading “Dechert’s new PE duo lead for Mid Europa on €533m Romanian supermarket deal”
Irwin Mitchell LLP’s show profits fell 59% as a result of ‘fast-tracked’ Thomas Eggar integration
Irwin Mitchell‘s first LLP accounts since the acquisition of Thomas Eggar in December last year show the firm’s profit on ordinary activities has dropped by 59% to £8.4m from £20.6m.
US partner promotions: Weil and Simpson Thacher promote two each in London
Weil, Gotshal & Manges and Simpson Thacher & Bartlett have both promoted two new London partners in their latest partnership rounds. Weil made up 13 across the firm while there were promotions 11 at Simpson Thatcher. Continue reading “US partner promotions: Weil and Simpson Thacher promote two each in London”
‘Feel good factor’: Norton Rose and Stephenson Harwood advise on £350m Civitas IPO
After a slow spell for the initial public offering (IPO) market, Norton Rose Fulbright and Stephenson Harwood have picked up mandates on Civitas Social Housing’s float on the London Stock Exchange (LSE). Continue reading “‘Feel good factor’: Norton Rose and Stephenson Harwood advise on £350m Civitas IPO”
Freshfields and Hengeler act as Blackstone inks largest European real estate deal this year
Freshfields Bruckhaus Deringer and Hengeler Mueller have won spots advising as Blackstone Group purchased a portfolio of offices from IVG for €3.3bn, the largest European real estate transaction this year. Continue reading “Freshfields and Hengeler act as Blackstone inks largest European real estate deal this year”
Nabarro boosts Middle East fee income as office prepares for Camerons merger
Nabarro has increased its Middle East fee income to around AED 7m (£1.65m) for 2015/16 in the firm’s loss-making Dubai office. Continue reading “Nabarro boosts Middle East fee income as office prepares for Camerons merger”
Ashurst shakes up payment model following halted quarterly payments
Ashurst is to get rid of its quarterly profit distributions in favour of a single yearly profit payment, in a move subject to a partnership vote. Continue reading “Ashurst shakes up payment model following halted quarterly payments”
King & Wood’s European recap programme fails as firm considers options
King & Wood Mallesons‘ European arm has failed to complete its planned recapitalisation programme, which was paused last month after a number of partner departures. Continue reading “King & Wood’s European recap programme fails as firm considers options”
Nuclear windfall: Slaughters gifted with £12m fees for Hinkley Point C
Slaughter and May earned £12m in fees for its government work on the controversial £18bn Hinkley Point C project, it has emerged.
Continue reading “Nuclear windfall: Slaughters gifted with £12m fees for Hinkley Point C”