Private equity specialist Shaun Lascelles, the former Ashurst Singapore head whose departure was announced last month, has joined Vinson & Elkins (V&E) in the City, it has been confirmed today (3 October).
South African sell-down: Slaughters leads as GSK exits Aspen Pharmacare
Slaughter and May, Cleary Gottlieb Steen & Hamilton and Bowman Gilfillan advised GlaxoSmithKline (GSK) on the sale of its remaining 6.2% stake in Aspen Pharmacare, announced last week.
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Singles in the City: Goodwin and Covington promote one partner each in London
US firms Goodwin Procter and Covington & Burling have revealed this year’s partnership promotion figures with both firms promoting one each in London.
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Revolving doors: Dechert, Mishcon and Squires strengthen the ranks
Following the post-summer hiring spree, the latter half of September only brought single lateral hires in criminal, corporate, tax and intellectual property (IP).
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Closing China: Cadwalader to pull out of Hong Kong and Beijing
Wall Street law firm Cadwalader, Wickersham & Taft confirmed yesterday (29 September) it will close its Beijing and Hong Kong operations by the end of 2016, cutting 25 staff including four partners.
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CMS, Nabarro and Olswang confirm discussions about potential merger
After much speculation, CMS Cameron McKenna, Nabarro and Olswang have confirmed they are in merger talks.
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‘We are not trying to be a standalone law firm’ – PwC Legal to integrate into wider accountancy practice through MDP
PwC Legal is to integrate into the wider accountancy firm PwC UK from tomorrow (1 October), enabling the outfit to operate as a multi-disciplinary practice instead of a standalone LLP.
Forsters defeats professional negligence suit over Siberian oil deal
Forsters has successfully defended a £70m professional negligence claim taken against it by businessman Rupert Galliers-Pratt at London’s High Court.
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Irwin Mitchell exits continue as two corporate partners join OC in London
Following last month’s exits to Dentons, Irwin Mitchell has lost a further two partners in London, with Edward Persse and Paul Smith departing the firm to join Osborne Clarke (OC).
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Clifford Chance scoops Murdoch hacking litigation from Linklaters
Clifford Chance has won the high-profile instruction to defend Rupert Murdoch’s News Group Newspapers (NGN) in its hacking litigation from Linklaters, constituting the fourth time the media giant has switched its lawyers for this case.
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Leading counsel suspended in latest setback to child abuse inquiry
The Independent Inquiry into Child Sexual Abuse (IICSA) today (29 September) suspended Matrix Chambers’ Ben Emmerson QC from his role as leading lawyer of the public inquiry.
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‘Exceptional commitment’: Pre-merger leaders re-elected at Charles Russell Speechlys
Managing partner James Carter and senior partner Christopher Page have been re-elected as Charles Russell Speechlys‘ management team for another three years.
Olswang and Camerons set for Friday partners meeting amid mounting claims of three-way merger with Nabarro
Both Olswang and CMS Cameron McKenna are holding partners meetings tomorrow, as indications mount that the duo are gearing up for a three-way merger with Nabarro. Continue reading “Olswang and Camerons set for Friday partners meeting amid mounting claims of three-way merger with Nabarro”
Magic Circle trainee retention: Slaughters middle of the pack with 89% rate
Slaughter and May is the last of the Magic Circle to post its autumn trainee retention figures, with a rate of 89%, making it the third best of the Magic Circle elite.
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Law Society weighs in on Senior Managers Regime, warns of conflict risk to in-house privilege
Already a contentious issue among financial companies pledging to tackle poor working cultures, the Senior Managers Regime, which holds executives responsible for failings in financial institutions, could pose a risk of conflict to in-house lawyers, their employers and legal professional privilege, warns the Law Society.
Tax vs corporate: KWM European managing partner contenders emerge
After extending the nomination period by a week, King & Wood Mallesons (KWM) confirmed today (28 September) that tax partner Gareth Amdor and corporate partner Tim Bednall are the two candidates for the firm’s European and Middle East (EUME) managing partner position.
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Simmons instructs Brick Court to advise on future of EU patent court
City law firms are supporting an investigation into the future of the UK’s position in the Unitary Patent Court (UPC) post-Brexit with Simmons & Simmons instructing Brick Court on the matter.
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Skadden, Freshfields and Clifford Chance provide cover as Deustche Bank sells insurer for £935m
Skadden, Arps, Slate, Meagher & Flom, Freshfields Bruckhaus Deringer, Clifford Chance and have all won places advising on Phoenix Group Holdings’ proposed £935m acquisition of life insurance company Abbey Life from Deutsche Bank.
Dismissed: Junior doctors lose High Court challenge to new contracts
Junior doctors have suffered a major blow after the High Court yesterday (28 September) rejected a judicial review challenging the legality of a controversial new contract, handing a win to health secretary Jeremy Hunt.
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‘Not a decision I’ve taken lightly’: Burns vacates senior partner role as he targets US business for Clyde & Co
Clyde & Co senior partner James Burns is to step down as senior partner to take on a new board-level role at the firm, becoming head of the Americas on 1 November.