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 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”
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”
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”
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”
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”
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”
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”
Morgan Lewis & Bockius has confirmed Frances Murphy is the firm’s new London managing partner, replacing Peter Sharp.
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”
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”
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”
Shearman & Sterling confirmed today (11 October) that Brussels antitrust partner Trevor Soames has resigned from the firm.
Continue reading “Brussels antitrust partner leave to exit Shearman as European exodus continues”
King & Wood Mallesons (KWM) confirmed today (11 October) that Frankfurt corporate partner Michael Cziesla and Dubai-based disputes partner Tim Taylor QC are the two contenders for firm’s EUME senior partner position. The election was triggered by Stephen Kon’s early resignation in September halfway through his mandate.
Continue reading “Frankfurt and Dubai partners to compete for KWM senior partner position”
Soon to be merged firms CMS Cameron McKenna, Nabarro and Olswang are to move in together into CMS UK’s current Cannon Place headquarters.
Continue reading “Moving in: Camerons, Olswang and Nabarro ink deal for Cannon Place”
In its first major mandate for The Carlyle Group in recent years, Freshfields Bruckhaus Deringer has advised as the private equity firm picked up chemicals firm Atotech from Total for $3.2bn. Continue reading “Freshfields lands major Carlyle deal with $3.2bn Atotech acquisition”
Following its £47bn takeover of BG Group, Shell has appointed its ‘transitional’ GC James Hine as associate general counsel (GC) for Brazil, a region with one of the most prized oil plays in the world.
Inevitably with an event as dramatic as Brexit, the unintended consequences keep coming. One of the less noted is the 11th hour reprieve it has granted the Law Society, which in the spring was looking on course to lose much of its fund-raising powers as part of a government review.
Freshfields Bruckhaus Deringer has advised the BBC ahead of an investigation into the employment status and tax avoidance claims against 100 current and former employees. Continue reading “Freshfields acts for the BBC in battle over presenters tax payments”
After weeks of speculation, CMS Cameron McKenna, Nabarro and Olswang have voted to combine, taking on the CMS brand and giving Camerons over 1,000 partners and revenues of around £450m in the UK.
