Reed Smith has made a concerted investment in the legal technology and innovation space with the launch today (4 October) of a dedicated ‘thinking space’, believed to be the first of its kind in London, after developing its own software to maximise efficiency in corporate deals.
SRA pushes ahead with super-exam proposals with second consultation
The Solicitors Regulation Authority (SRA) is pushing on with its ‘super exam’ proposals, launching another consultation following mixed feedback on the education reforms. However it said yesterday (3 October) it would delay implementation another year as it develops its plans.
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Magic Circle duo act on major post-Brexit IPO as ConvaTec lists
Linklaters and Freshfields Bruckhaus Deringer are advising medical products company ConvaTec on its anticipated $1.8bn initial public offering (IPO).
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Olswang exits continue amid merger talks as restructuring head quits for US firm
US firm McDermott Will & Emery has taken on Olswang‘s head of restructuring & insolvency Alicia Videon in the first exit from the firm since merger talks with CMS Cameron McKenna and Nabarro were revealed last week.
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Former Mallesons chair takes out KWM European managing partner election
King & Wood Mallesons (KWM) announced today (4 October) that Tim Bednall was elected as EUME managing partner, defeating Gareth Amdor in a two-man race for the position.
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Unilever carries out ‘informal review’ as current panel expires
Consumer goods giant Unilever is currently carrying out an ‘informal review’ of its current panel firms, after the roster expired in June 2016.
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No surprises: Frontrunner Lee Ranson appointed chief executive of Eversheds
Lee Ranson has been appointed chief executive of Eversheds, following a three week period in which no other candidate was nominated.
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Bird & Bird strengthens disputes bench with Nokia litigation head
Bird & Bird has landed former Nokia litigation head Richard Vary as a partner in its intellectual property (IP) and tech & communications group.
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Partner promotions: Kirkland makes up six in London in subdued round
Kirkland & Ellis has made up six to partner in London in an 81 global partner promotion round. The US firm has made up two fewer in the City than last year, when it made up eight in London of a total of 90 promotions. Continue reading “Partner promotions: Kirkland makes up six in London in subdued round”
Shearman private equity head Mark Soundy to exit firm
Shearman & Sterling’s global private equity head Mark Soundy is to depart the firm after a three year stint.
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Freshfields leads for longtime client Henderson Group on $6bn merger
Freshfields Bruckhaus Deringer and Skadden, Arps, Slate, Meagher & Flom have guided global asset manager Henderson Group and Denver-based global investment firm Janus Capital Group through its $6bn merger.
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‘Ready to hit the ground running’: former Ashurst PE player Lascelles joins Vinson & Elkins
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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