ADDLESHAWS IN MERGER TALKS WITH US FIRM
Addleshaw Goddard has turned to the US for a potential merger, having entered into talks with Virginia-based Hunton & Williams. The US firm had revenues of $528m in 2015, while Addleshaws made £193m in 2014/15.
SULLIVANS AND WACHTELL ADVISE ON $62m BAYER DEAL
Sullivan & Cromwell, Allen & Overy (A&O), and Wachtell, Lipton, Rosen & Katz all won roles as healthcare and agriculture company Bayer placed a bid to acquire agricultural company Monsanto for $62bn in May. Sullivans and A&O are acting for Bayer on M&A and financing matters respectively, while Wachtell has taken the lead for US firm Monsanto.
Continue reading “Deal watch: Corporate activity in May 2016”
Eversheds, Hogan Lovells and Baker & McKenzie are among nine firms to have won places on French multinational aerospace, defence and security firm Safran’s inaugural global legal panel.
As a resurgent mid-tier asserts itself in the UK legal market, our LB100 debate brings together City players to talk tactics, threats and sharpening your focus.
If the talking point of the UK legal market in recent years has been the sparkling performance of the City mid-tier, success is not leading to complacency. Bringing together a group of leading law firms to pick up themes from our recent annual Legal Business 100 report, it was clear that discipline, focus and a pronounced streak of insecurity means that the group are determined not to surrender the hard-won success they have achieved in the last five years.
Continue reading “The Legal Business 100 debate: No quarter asked”
Lloyds Banking Group is pushing an incentive scheme to its lawyers to secure new recruits into senior legal roles following a string of exits. The move comes after the bank made multiple redundancies as part of an ongoing restructure.
Continue reading “Lloyds offers bonus for help filling senior legal roles amid management shake-up”
The Serious Fraud Office (SFO) has been ordered by London’s High Court to list documents it had inadvertently disclosed in the ongoing £3bn Tchenguiz dispute.
Continue reading “Tchenguiz dispute latest: court orders SFO to list documents in £3bn case”
Nearly a year after tapping Barclays for its corporate offering, Simmons & Simmons has hired from the in-house community once again with Goldman Sachs executive director and senior counsel, Deian Rhys. Continue reading “Simmons builds out real estate practice with Goldman Sachs hire”
National law firm Freeths and Ipswich outfit Birketts are the latest LB 100 firms to report their financials, both enjoying record revenues for the year 2015/16.
Continue reading “Record revenues: Freeths and Birketts enjoy bumper growth in 2015/16”
Baker & McKenzie has appointed its first British chairman with London head Paul Rawlinson winning an election to replace current chair Eduardo Leite.
Continue reading “London head Rawlinson takes chair post at global giant Baker & McKenzie”
DWF has appointed a new London head of corporate while Allen & Overy (A&O) and Stephenson Harwood have both made lateral hires to their international offices.
The Official Statistics Bulletin published yesterday (2 June) by the Judicial Appointments commission (JAC) has revealed that black and minority ethnic lawyers (BAME) applying to become judges are far less likely to succeed than their white counterparts. Continue reading “Odds against you: New figures show BAME applicants less likely to succeed as judges than white counterparts”
Just days after news of the departure of Deutsche Bank’s global legal strategy head Emma Slatter, it has emerged that the bank’s head of active asset management James Hooper is also departing.
Continue reading “Deutsche Bank exits continue as Hooper leaves for funds firm”
In a bid to market itself more innovatively to clients, Ashurst has hired RBS head of EMEA loan markets Dave Rome to a newly-created position of strategic director of corporate lending.
Continue reading “‘Making a splash’: Ashurst hires RBS executive in syndicated loans push”
Royal Dutch Shell has announced its target operating model after finalising its £35bn takeover of BG Group in February, and indicated it will reduce the amount of project lawyers it has due to a drop-off in demand.
In a week that has seen several high-profile moves within the in-house community, Kingfisher group general counsel (GC) Clare Wardle has been recruited by new soft drink entity Coca-Cola European Partners as GC and company secretary. Continue reading “Kingfisher legal chief Wardle joins newly-merged Coca-Cola bottler”
Senior lawyers have called on the Government to protect the independence of the Land Registry following proposals to privatise its operations.
The Solicitors Regulation Authority (SRA) has acknowledged strong opposition as it extends its consultation on its controversial plans to introduce a unified exam for assessing trainee solicitors.
Continue reading “‘Right not to rush’: SRA extends consultation over super-exam for trainees”
Echoing its trademarked ‘virtuous triangle’ strategy of the past, Fieldfisher has picked three sectors to ‘turbocharge’ as it rolls out its latest three-year business plan, dubbed ‘Our Future Refocused’.
Continue reading “A new triangle: Fieldfisher targets three key sectors in latest strategy”
King & Wood Mallesons (KWM) has made 37 business services jobs redundant in London as part of wide-reaching cutbacks across its European arm.
Continue reading “KWM cutbacks hit 37 support staff in the City”
In preparation for the new Unified Patent Court (UPC), Allen & Overy (A&O) has strengthened its life sciences practice with the hire of Simmons & Simmons IP partner Marjan Noor.
Continue reading “A&O hires Simmons IP star Noor in patent court play”
