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”
Freshfields PE heavyweight Higgins to stand down as head of GFI group
Freshfields Bruckhaus Deringer private equity head Adrian Maguire is to become head of the firm’s global financial investors (GFI) sector group taking over the role from heavyweight David Higgins. Continue reading “Freshfields PE heavyweight Higgins to stand down as head of GFI group”
Goodwin Procter to take Halford and other KWM partners as recap fails
After resigning last month, King & Wood Mallesons’ (KWM) influential head of investment funds and major biller Michael Halford will be joining Goodwin Procter and has taken several other partners with him.
Continue reading “Goodwin Procter to take Halford and other KWM partners as recap fails”
Revolving doors: Another two out at Olswang as Clydes and WFW add to their benches
Arnold & Porter and Withers take the latest Olswang leavers, while Watson Farley & Williams (WFW), Clyde & Co and Shakespeare Martineau have all added laterals this week.
Government proposes 15% pay raise for judges to battle recruitment crisis
With members of the judiciary the target of spiteful press coverage just weeks ago following the Brexit High Court ruling, the latest move by government to gift judges a pay rise of 12 to 15% will likely stir tensions further. Continue reading “Government proposes 15% pay raise for judges to battle recruitment crisis”
‘A key integration initiative’: Dentons to cut 25 UK roles as Warsaw service centre finalised
Dentons will cut around 25 UK roles as part of the launch of a new shared services centre in Warsaw.
Goodbye Fleet Street: Freshfields picks 100 Bishopsgate for new headquarters
After doubling space at its Manchester low cost-hub last year, Freshfields Bruckhaus Deringer is to sign a new lease in the City at 100 Bishopsgate. Continue reading “Goodbye Fleet Street: Freshfields picks 100 Bishopsgate for new headquarters”
US partner promotions: Mayer Brown promotes two in the City while McDermott adds one
Mayer Brown has made up another two partners in the City, the same number as last year, while McDermott Will & Emery has promoted one in London. Continue reading “US partner promotions: Mayer Brown promotes two in the City while McDermott adds one”
CC criticised for conflict issues in Excalibur case as COA finds claimants liable for costs
The high-profile Excalibur dispute continues to haunt Clifford Chance (CC) as London’s Court of Appeal has handed down a critical ruling, saying the Magic Circle firm had an ‘an acute conflict of interest’ on the case.
Travers Smith acts on latest Bridgepoint deal as Oasis sold to Bupa for £835m
Travers Smith, White & Case and DLA Piper have landed roles advising Bridgepoint on its sale of Oasis Dental Care to Bupa, valuing the business at £835m.
Continue reading “Travers Smith acts on latest Bridgepoint deal as Oasis sold to Bupa for £835m”
Brick Court advises as Supreme Court allows Scotland and Wales to intervene in Brexit appeal
Brick Court Chambers is acting for both the Scottish and Welsh governments as the devolved administrations prepare to intervene in the Supreme Court battle over how Brexit can be triggered. Continue reading “Brick Court advises as Supreme Court allows Scotland and Wales to intervene in Brexit appeal”
Burness Paull defends multi-million dollar claim relating to legacy business
Burness Paull is defending a $210m claim relating to legacy business Paull & Williamsons, Legal Business has learned. Continue reading “Burness Paull defends multi-million dollar claim relating to legacy business”
‘Misleading’: ULaw told to remove ads claiming it is the UK’s leading law school
The University of Law (ULaw) has been told by the Advertising Standards Authority (ASA) it can no longer call itself UK’s leading law school in advertisements, nor claim that its graduates can expect to earn £54,000 a year. Continue reading “‘Misleading’: ULaw told to remove ads claiming it is the UK’s leading law school”
‘A severe blow to the claimant market’: Ministry of Justice revisits plans to reform whiplash cases
A month after putting the brakes on reforms to personal injury claims relating to whiplash, the Ministry of Justice has re-launched a consultation on this contentious area. Continue reading “‘A severe blow to the claimant market’: Ministry of Justice revisits plans to reform whiplash cases”
Repeat business: Slaughters and Spanish best friend act as Santander buys back its asset management arm
Slaughter and May, its best friend Uria Menendez and Cleary Gottlieb Steen & Hamilton have won roles advising on Santander’s buy back of its asset management business from private equity groups Warburg Pincus and General Atlantic. Continue reading “Repeat business: Slaughters and Spanish best friend act as Santander buys back its asset management arm”
King & Wood’s American dream over as merger talks with Morgan Lewis called off
Following a long courtship, merger discussions between King & Wood Mallesons (KWM) and Morgan, Lewis & Bockius have been called off, Legal Business can reveal. Continue reading “King & Wood’s American dream over as merger talks with Morgan Lewis called off”
Taylor Wessing guides UK fintech newcomer Nutmeg on latest funding round
Taylor Wessing has advised UK digital wealth management startup Nutmeg on its latest funding round, the biggest fintech fund raise since the Brexit vote.
Continue reading “Taylor Wessing guides UK fintech newcomer Nutmeg on latest funding round”
The big get bigger: Dentons to enter Central America with local tie-up
Dentons announced today (16 November) that it will merge with Costa Rica-based Muñoz Global to become the second major law firm with a Central American presence. If approved by partners of both firms by the end of the year, this will give Dentons a presence in Costa Rica, Nicaragua and Panama.
Continue reading “The big get bigger: Dentons to enter Central America with local tie-up”
Simmons latest to benefit from KWM exits as German IP team quits
Simmons & Simmons announced today (16 November) the hire of King & Wood Mallesons (KWM) intellectual property (IP) partner Michael Knospe. He has joined Simmons’ Munich office together with counsel Caroline von Nussbaum and supervising associate Massimo Bellitto-Grillo.
Continue reading “Simmons latest to benefit from KWM exits as German IP team quits”
Bond Dickinson latest to restart salary review after postponing due to Brexit
Bond Dickinson has restarted its salary review, after the firm postponed the process in September due to the effect on activity levels caused by Britain’s vote to leave the EU. Continue reading “Bond Dickinson latest to restart salary review after postponing due to Brexit”