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.
Jones Day pulls off significant Middle East coup with hire of HSF heavyweight Khan
Jones Day has hired Herbert Smith Freehills’ Middle East finance head Nadim Khan, who joined the firm to launch its Dubai office in 2007.
Exits stack up as Olswang loses partners to Clifford Chance and Bond Dickinson
Olswang has suffered a double exit with its co-head of life sciences departing the firm in favour of Clifford Chance, while Bond Dickinson has appointed another partner from the tech firm as its head of funds.
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Top silk Howard QC to co-lead Brick Court as Hirst QC steps down
Brick Court Chambers‘ Mark Howard QC has been appointed to co-head the set with Helen Davies QC, as incumbent Jonathan Hirst QC prepares to step down.
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Stay or go? Heavyweight Ward abandons Paul Hastings move to remain at Ashurst
Banking partner Nigel Ward is to remain at Ashurst after it was announced earlier this month he was to make a move to Paul Hastings.
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Bakers looks to Big Four lateral to bolster tax offering as Chadwick moves upstairs
Baker & McKenzie has hired experienced KPMG tax partner Steve Labrum to strengthen its City transfer pricing team.
Vinter is coming: Covington boosts projects offering as former BG GC returns to private practice
Covington & Burling has landed a heavyweight in-house veteran to boost its London project finance offering with the arrival of BG Group’s former general counsel, Graham Vinter, to chair and supervise the expansion of the practice.
Taking the initiative: Burges Salmon pushes ahead on legal apprenticeships through government scheme
Burges Salmon has become one of the first law firms to hire legal apprentices under the Government’s new Trailblazers Apprenticeship in Law initiative, taking on five apprentices who start today (26 September).
‘A great enhancement to our practice’: Quinn lures Macfarlanes’ Berman in latest City hire
In a rare defection from Macfarlanes, financial services head David Berman is set to join Quinn Emanuel Urquhart & Sullivan.
Preparing for the worst: legal costs spike as FTSE 100 sets aside £31bn
With corporate counsel consistently burdened by onerous cost constraints levied by their executive, the pressure to deliver efficiencies in-house may prove greater than ever. Newly-released data shows FTSE 100 companies have set aside £31.3bn in the last year for legal provisions, a rise of 22% from £26.5bn the year before.
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Revolving doors: White & Case, Winston & Strawn, Fieldfisher and Bond Dickinson bolster ranks
Although last week saw several partner departures from a select few LB 100 players, namely Ashurst and Simmons & Simmons, a quartet of firms including White & Case, Winston & Strawn, Fieldfisher and Bond Dickinson added to their benches.
Reducing the ranks: CC to cut trainee intake by a fifth by 2018
Clifford Chance (CC) is to cut down its UK trainee intake for 2018 by 20%, reducing numbers from around 100 trainees each year to 80.
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Bond Dickinson latest to blame Brexit as firm implements pay freeze
Bond Dickinson is the latest firm to postpone its salary reviews until November, blaming the Brexit vote for hitting activity levels.
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