Clifford Chance (CC) and Allen & Overy have taken lead advisory roles on the $3.3bn acquisition of Allegro Group, Poland’s largest online marketplace and non-food shopping destination, to funds trio, Cinven, Permira, and Mid Europa.
‘Unprecedented applications in the legal industry’: Dentons’ Nextlaw backs two legal tech startups with funding and training
Nextlaw Labs, the legal tech platform launched by Dentons last year, has invested in two legal startups, alongside venture funding company Seedcamp.
Revolving doors: UK hires for Ince and DAC as disputes head Blanch leaves Weil
High-profile City arbitrator Juliet Blanch is set to leave Weil, Gotshal & Manges, while UK hires this week have come for Ince & Co and DAC Beachcroft, and Taylor Wessing strengthened its European tax offering with a double hire.
Continue reading “Revolving doors: UK hires for Ince and DAC as disputes head Blanch leaves Weil”
‘No clarity’: Industry reacts as MoJ puts brakes on Osborne’s personal injury reforms
Law firms with substantial personal injury businesses have mixed views as the Ministry of Justice (MoJ) has put the brakes on George Osborne’s personal injury reforms.
Fintech boost: Simmons picks first recipients of free legal advice
Simmons & Simmons has announced credit-investment platform Alterest Investment Technologies, hourly car-insurance provider Cuvva, banking platform RailBank and invoicing firm Tallysticks as the first four recipients of free legal advice through its new fintech fund.
Continue reading “Fintech boost: Simmons picks first recipients of free legal advice”
White & Case continues London investment by making a fifth of global promotions in the City
White & Case has promoted 40 in an increased partnership round with eight made up in the City. This year’s bumper global round increased by 29% on the previous year when the firm made up 31, with eight made up in the City.
How to win trophies and influence judges – submit now for the Legal Business Awards 2017
Nominations are now open for the biggest showcase of talent in the industry, the Legal Business Awards 2017, so now is the time to put forward your outstanding teams and individuals.
Middle East moves: Corporate heavyweight Steedman to exit White & Case
Winston & Strawn has hired Middle East M&A heavyweight Campbell Steedman from White & Case to head up the firm’s practice in the region.
Continue reading “Middle East moves: Corporate heavyweight Steedman to exit White & Case”
‘Seminal mandate’: HSF takes home £1.9m in seven months for Nortel settlement
Herbert Smith Freehills (HSF) took home £1.9m for legal advice in the seven months between 14 January and 13 July 2016 before settling the Nortel Networks bankruptcy case. Legal adviser fees in the long-running administration had already reached more than £2bn earlier this year.
Continue reading “‘Seminal mandate’: HSF takes home £1.9m in seven months for Nortel settlement”
White & Case makes major corporate play with Clifford Chance partner Sarch
White & Case has continued its rapid expansion in London with the firm set to bring in Clifford Chance (CC) corporate partner Patrick Sarch, head of the Magic Circle firm’s global banks sector team.
Continue reading “White & Case makes major corporate play with Clifford Chance partner Sarch”
DLA real estate partner Richard Hopkinson-Woolley to exit for Simmons
Real estate partner Richard Hopkinson-Woolley is to leave DLA Piper for Simmons & Simmons after less than three years at the firm, Legal Business can reveal.
Continue reading “DLA real estate partner Richard Hopkinson-Woolley to exit for Simmons”
‘Dramatic change’: Hogan Lovells launches association in Shanghai free trade zone
Hogan Lovells has become the third international law firm to enter the Shanghai Free Trade Zone through an association with local firm Fidelity Law.
Continue reading “‘Dramatic change’: Hogan Lovells launches association in Shanghai free trade zone”
Academic u-turn: University comes out in support of SRA trainee reform
While the Solicitors Regulation Authority’s (SRA) education reforms had been met with hostility by educators, the School of Law at Manchester University has become the first Russell Group school to embrace its reforms.
Continue reading “Academic u-turn: University comes out in support of SRA trainee reform”
A NewDay: CC and Slaughters win roles on Cinven and CVC’s latest purchase
Clifford Chance (CC), Slaughter and May and Jones Day have taken lead advisory roles on the acquisition of consumer finance provider NewDay by private equity powerhouses Cinven and CVC Capital Partners from Värde Partners.
Continue reading “A NewDay: CC and Slaughters win roles on Cinven and CVC’s latest purchase”
CMS Cameron McKenna partnership spared from post-merger lock-in agreement
Following CMS Cameron McKenna‘s announcement it would merge with Olswang and Nabarro, it has emerged that Camerons partners will be spared from any post-merger lock-in arrangement.
Continue reading “CMS Cameron McKenna partnership spared from post-merger lock-in agreement”
White & Case goes in-house for latest hire from BNY Mellon
Ever-expanding White & Case has bulked up its London financial services team, taking on BNY Mellon’s EMEA regulatory head. Continue reading “White & Case goes in-house for latest hire from BNY Mellon”
‘Focus on integrating’: Competition head takes over from Sharp as Morgan Lewis London leader
Morgan Lewis & Bockius has confirmed Frances Murphy is the firm’s new London managing partner, replacing Peter Sharp.
Air France kicks off search for new GC after Hecketsweiler resigns
Air France is to search for a new group general counsel as Guillaume Hecketsweiler will depart the airline at the end of October.
Continue reading “Air France kicks off search for new GC after Hecketsweiler resigns”
Comment: Why clients are the biggest threat to premier law firms
As Legal Business gathered a group of the legal elite at the top of Tower 42 to debate the issues facing the world’s top law firms – the question arose as to whether anything truly threatens law’s premier league.
Continue reading “Comment: Why clients are the biggest threat to premier law firms”
‘Already deep bench’: Quinn boosts Paris offering with Allen & Overy and HSF hires
Quinn Emanuel Urquhart & Sullivan has added to its international bench yet again, with Allen & Overy (A&O) global co-head of arbitration Michael Young alongside the Paris hire of Herbert Smith Freehills’ (HSF) Paris disputes head Isabelle Michou (pictured) Continue reading “‘Already deep bench’: Quinn boosts Paris offering with Allen & Overy and HSF hires”