Brewing giant SABMiller’s general counsel (GC) John Davidson will stand down in six months’ time following a post-acquisition review by new parent company, Anheuser-Busch InBev (AB InBev).
Continue reading “SABMiller legal chief Davidson to stand down as mega beer merger finalises”
Magic Circle firms Clifford Chance and Linklaters have been joined by Hogan Lovells and PwC on a new panel created by the new EU authority responsible for winding up banks.
US and Magic Circle advisers on the mega acquisition of ARM holdings by Japanese group SoftBank will together rake in £14.5m in fees, the latest deal documents show.
Continue reading “In the bank: Global 100 firms bill £14.5m on mega ARM acquisition”
In its latest high-profile departure, Olswang‘s head of international telecommunications Purvi Parekh has exited the firm. Continue reading “Olswang international telco head exits in set-back for LB100 firm”
Shakespeare Martineau has revealed its first post-merger turnover figure of £71m, down 6% on the combined figure of £75.6m for legacy Shakespeares which stood at £49m and legacy SGH Martineau which was £26.6m for the financial year 2014/15. The firm’s profit per equity partner came in at £236,000.
Continue reading “Regional player Shakespeare Martineau post-merger turnover drops to £71m”
Amid a turbulent period of lawyer exits and poor financial performance, Ashurst partners have voted through fundamental changes to its remuneration system in a bid to retain star partners, including a stretching of the lockstep and allocating equity share to salaried partners.
Continue reading “Plugging the leak: Ashurst approves lockstep overhaul to retain high performers”
Osborne Clarke has expanded its south-east Asia presence through an association with a new Singaporean firm, OC Queen Street.The initial launch of the formal association will see a focus on clients in the digital and fintech sectors.
Continue reading “‘Gateway for Asia’: Osborne Clarke enters association with new Singapore firm”
With Paul Rawlinson vacating the London managing partner post at Baker & McKenzie in October after winning the race to become the next global chairman, partner Alex Chadwick is set to take charge of the firm’s largest office.
Continue reading “Baker & McKenzie lifer Chadwick to take City reins as Rawlinson steps up to chair”
In what is arguably the most high-profile partner exit from Slaughter and May in recent history, Latham & Watkins has hired the Magic Circle firm’s former head of structured finance Sanjev Warna-kula-suriya in the City.
Continue reading “Latham strikes again: US firm takes Slaughters finance partner Warna-kula-suriya”
After his move from Berwin Leighton Paisner (BLP) to Dentons as the new head of UK corporate and co-chair of global M&A, David Collins (pictured) talks to Matthew Field about his new role, deal making and his past leadership bid.
Kennedys has continued with its aggressive Latin America (LatAm) expansion, opening two more offices in Chile and Colombia, following the opening in July of its first greenfield sites on the continent in Brazil and Peru. Continue reading “‘Driven by client need’: Kennedys continues aggressive LatAm expansion with Chile and Colombia offices”
Pinsent Masons is eyeing up a Dublin base, to complement its existing offering in Belfast and provide a full UK and Ireland presence for the firm.
With BG Group having been taken over by Shell for £35bn in February, BG’s deputy general counsel Thomas Smith has departed to become North America energy supply and services general counsel at Centrica.
Continue reading “In-house energy switch: senior BG Group lawyer Thomas Smith moves to Centrica”
As in-house teams handle more complex work, GCs are coming under pressure to rethink their tactics. Here are eight ideas to upgrade your legal team
Let’s start with an assumption: we will reach peak in-house. Though the in-house profession has hugely expanded over the last 15 years – those in the private sector growing threefold since 2000 to over 16,000 solicitors in England and Wales by 2015 – in-house legal teams cannot keep growing forever.
Continue reading “Working smarter – eight ideas to upgrade your team”
I love my career. I haven’t loved it at all times. Over the years it was tough. But over time I became more confident, the anxiety passed and I got into the interesting aspects of what I was doing. I got to enjoy it very much.
Just days after the headline grabbing acquisition of Yahoo!, Goodwin Procter, Cleary Gottlieb Steen & Hamilton, A&L Goodbody and Macfarlanes are among those who have landed roles advising on Verizon’s purchase of Fleetmatics Group.
Ahead of the expected summer slowdown, UK firms have made a spate of City hires, with Mishcon de Reya, K&L Gates and Excello Law all recruiting. Continue reading “Revolving doors: Mishcon makes key City hire as K&L Gates boosts Fintech practice”
In the latest play for Dentons‘ tech joint venture, Nextlaw Labs has developed an artificial intelligence (AI) programme with London IT firm RAVN Systems to assess the impact of the Brexit vote on companies’ contracts.
Allen & Overy (A&O) and Gibson, Dunn & Crutcher have advised on an improved bid for UK-based electronics manufacturer Premier Farnell.
Continue reading “Growing the Pi: Gibson Dunn and A&O act on improved US offer for Premier Farnell”
Weightmans managing partner John Schorah has slapped a £100m revenue target on the firm for 2016/17 after a year of underachievement, with revenue up just 7% in 2015/16 to £95m despite a major merger and a 19% tumble in profit per equity partner (PEP).
