The Crown Estate is to launch a review of its external legal adviser panel following the departure of general counsel (GC) Vivienne King who has been replaced by former deputy Rob Booth (pictured).
Continue reading “In-house: Crown Estate to review energy and commercial real estate panels”
Newly-qualified UK lawyers at Shearman & Sterling will see salaries pushed up £7,000 to £95,000 this year as City salaries soar. Rises of between 7% and 10% have been dished out across the associate ranks, with more experienced associates set to trouser up to £12,000 extra a year. The salary increases took effect from 1 May, 2016.
Continue reading “Shearman ramps up associate pay as war for talent intensifies”
Latham & Watkins has hired US rival Debevoise & Plimpton‘s rising arbitration star Sophie Lamb (pictured) as it builds out its disputes practice.
As part of its continued global expansion, Clyde & Co has confirmed the opening of its new Miami office with the acquisition of five partner strong litigation firm Thornton Davis Fein (TDF).
Continue reading “‘A very natural decision’: Clyde & Co acquires litigation firm for Miami launch”
Quinn Emanuel Urquhart & Sullivan has opened its eighth European office, opening a Zurich outpost which will have a focus on high-stakes disputes.
Continue reading “Quinn opens eighth European office with Zurich launch”
Frances Murphy, the City’s most prominent female deal lawyer who in 2008 became the first female head of corporate at Slaughter and May, passed away last night after a long illness.
Continue reading “‘A sad day’ – Slaughters’ pioneering deal veteran Frances Murphy passes away”
With law firms scrambling to build links with the much-hyped fintech sector, Simmons & Simmons has put its money where its mouth is with the launch of a £100,000 ‘fund’ offering free legal advice to promising start-ups. Continue reading “Skin in the game – Simmons launches ‘fund’ to back fintech stars with free advice”
Sir Terence Etherton has succeeded Lord Dyson to take over as Master of the Rolls, a position that will see him head the civil judiciary in England and Wales.
Continue reading “Sir Terence Etherton succeeds Lord Dyson as Master of the Rolls”
At the annual Legal Marketing Association conference in Austin, a vendor conducted a survey that asked attendees what their ‘highest-priority growth initiatives’ were for this year. The leading answer was ‘improve cross-selling.’ I don’t doubt the accuracy of the survey results; they are the conventional wisdom in the flesh.
Continue reading “Guest post: Why poor cross-selling sends the wrong message to clients”
Top-25 firm DAC Beachcroft has signed a three year ‘best friends’ agreement with Belfast’s McKinty and Wright in a bid to expand its network.
Rising private equity star Stuart Boyd has become the fifth Linklaters partner in the City to switch to US rival Kirkland & Ellis (K&E) in the last 18 months.
Continue reading “Boyd becomes the latest Linklaters partner to jump ship to Kirkland”
Freshfields Bruckhaus Deringer has appointed three new sector group leaders in London, New York and Brussels as part of a wider strategy overhaul. Continue reading “‘Strategic guidance’: Freshfields widens leadership pool with three new sector heads”
Linklaters and Olswang have been heavily criticised in parliament this week over alleged failures to identify that the buyer of collapsed retail giant BHS had previously been declared bankrupt.
Energy giants BP, ConocoPhillips and Shell are among the first corporates to sign up to a pledge for gender equality when selecting arbitrators launched by senior partners at Freshfields Bruckhaus Deringer and Boies, Schiller & Flexner.
After failing to secure further consolidation in the UK recently, Addleshaw Goddard has turned to the US for a potential merger partner to achieve its aim of becoming a £250m-lawyer firm, and is believed to be in talks with Virginia-based Hunton & Williams.
Continue reading “American dream: Addleshaws eyes US play with Hunton & Williams merger talks”
Total prosecutions for white collar crime were up by 1% across the last year according to figures from Ministry of Justice (MoJ), marking the first increase in five years. However, the body representing the most serious and complex investigations for such prosecutions, the Serious Fraud Office (SFO), has faced criticism over both its blockbuster funding model and its governance structure.
M&A heavyweight Charlie Jacobs has defeated competition from corporate colleagues Jean-Pierre Blumberg and Aedamar Comiskey to be elected the new senior partner at Magic Circle firm Linklaters.
Dentons and DAC Beachcroft announced lateral hires to their City offices last week, while K&L Gates and Clyde & Co have boosted their ranks overseas.
Despite predictions of tough conditions for mid-tier firms, West End firm Forsters has bucked the trend and announced its fee income grew by 11.3% in 2015/16 to £46.2m, constituting its sixth consecutive year of double-digit growth since 2011.
More than 18 months since combining in the City, the 21-partner team that left now defunct US law firm Bingham McCutchen for Akin Gump Strauss Hauer & Feld has moved in with its colleagues as the firm puts all its London lawyers under one roof.
