Magic Circle duo Linklaters and Clifford Chance have advised British lender Metro Bank on its float on the London Stock Exchange.
KWM loses historic SJ Berwin client as buyout firm NorthEdge picks Paul Hastings for £300m fund raising
Paul Hastings has won a first time instruction from UK buyout firm NorthEdge on the launch of a £300m fund, the second mandate the US firm has taken from King & Wood Mallesons (KWM) in as many months after it recently acted for historic KWM client Investindustrial.
Second time lucky: Nabarro elects real estate head Carvalho as senior partner
Nabarro has today (7 March) announced its real estate chief Ciaran Carvalho (pictured) has been elected as senior partner of the firm, to succeed incumbent Graham Stedman on 1 May 2016.
Continue reading “Second time lucky: Nabarro elects real estate head Carvalho as senior partner”
City and Hong Kong members join Clifford Chance’s partnership council
Clifford Chance‘s partnership has elected City energy partner Jeremy Connick and corporate partner Neeraj Budhwani, who is based in Hong Kong, to its partnership council.
Continue reading “City and Hong Kong members join Clifford Chance’s partnership council”
Veteran KWM litigator Mervis exits for Arnold & Porter
Seasoned litigator Hilton Mervis has become the latest partner to quit King & Wood Mallesons’ (KWM) London office after agreeing to join Arnold & Porter.
Continue reading “Veteran KWM litigator Mervis exits for Arnold & Porter”
Mayer Brown PEP breaks $1.5m barrier on the back of solid revenue growth
Profits per equity partner at US firm Mayer Brown broke the $1.5m barrier for the first time in 2015 as revenue rose 3% to $1.26bn.
Continue reading “Mayer Brown PEP breaks $1.5m barrier on the back of solid revenue growth”
In-house: ISDA general counsel Geen to step down after almost a decade
After almost a decade, the general counsel (GC) for the International Swaps and Derivatives Association (ISDA) David Geen has stood down from his position.
Continue reading “In-house: ISDA general counsel Geen to step down after almost a decade”
Eversheds in talks with Singapore boutique as UK firms target Asia hub
Fresh from failed merger talks with US firm Foley & Lardner, Eversheds is in talks with Harry Elias Partnership in a bid for a Singapore tie-up.
Continue reading “Eversheds in talks with Singapore boutique as UK firms target Asia hub”
DLA Piper appoints Picon senior partner to replace Knowles
Corporate heavyweight Juan Picon has been appointed DLA Piper‘s next senior partner, replacing longtime leader Sir Nigel Knowles when he retires at the end of April.
Continue reading “DLA Piper appoints Picon senior partner to replace Knowles”
US financials: Shearman & Sterling recovery falters as Gibson Dunn’s star rises higher
The two-year rebound at New York-headquartered Shearman & Sterling came to an abrupt end last year as profits per equity partner (PEP) sunk back below what partners achieved in 2007, outpaced by West Coast rival Gibson, Dunn & Crutcher which put in another strong performance as it continues its run as one of the country’s fastest growing firms.
DLA Piper media partner West to go to SDT over sexist email exchange with Premier League boss
About 18 months after sexist email exchanges between DLA Piper partner Nick West and a client were leaked, the Solicitors Disciplinary Tribunal (SDT) has confirmed that there is a case to answer, meaning West now faces a hearing in the SDT.
Addleshaws confirms two candidates for senior partner post
Addleshaw Goddard has confirmed two candidates for its upcoming senior partner election to replace senior partner Monica Burch.
Continue reading “Addleshaws confirms two candidates for senior partner post”
Strong turnover growth in the City as Greenberg Traurig posts 4% revenue rise ahead of potential BLP merger
Revenue at Berwin Leighton Paisner’s US suitor – Greenberg Traurig – rose 4% to $1.32bn last year as merger talks edge closer.
Filling the void: DLA Piper makes key investment funds hire with senior Nabarro appointment
DLA Piper has appointed Nabarro’s head of alternative investment funds, Andrew Wylie (pictured), to lead growth in its City investment funds practice.
Exit strategy: Kirkland & Ellis doubles notice period for equity partners
US firm Kirkland & Ellis has doubled the notice period for all of its global equity partners from 60 days to 120, while introducing a 30-day notice period for all non-equity partners.
Continue reading “Exit strategy: Kirkland & Ellis doubles notice period for equity partners”
Slaughters elects new M&A head to replace incoming senior partner Cooke
Slaughter and May has chosen Roland Turnill (pictured) as head of the firm’s M&A practice, replacing new senior partner Steve Cooke.
Continue reading “Slaughters elects new M&A head to replace incoming senior partner Cooke”
‘A dangerous sleight of hand’: Concerns changes to Snooper’s Charter still a risk to legal privilege
After a new draft was released yesterday (1 March), there are growing concerns from the legal profession that the Investigatory Powers Bill will still fail to protect legal privilege, encroaching on lawyers’ ability to speak confidentially with clients. Both the Law Society and the Bar Council are urging the government to take their time with the legislation.
Guest post: Why the SRA’s education reforms inhibit innovation
This response to the Solicitors Regulation Authority’s (SRA) Consultation on training tomorrow’s solicitors is a personal one. I am afraid this will not make a great deal of sense to those of you not familiar with the proposals, my apologies in advance.
Continue reading “Guest post: Why the SRA’s education reforms inhibit innovation”
Pinsents makes senior political hire in a bid to boost international awareness
Former secretary of state for international development Douglas Alexander (pictured) is joining national firm Pinsent Masons as an adviser to develop the firm’s business ethics and compliance capability.
Continue reading “Pinsents makes senior political hire in a bid to boost international awareness”
A record year: Paul Hastings posts 6% revenue rise as PEP reaches $2.5m
Paul Hastings has bucked the slowdown in the US legal market by posting record profits, with profits per partner crossing the $2.5m barrier.
Continue reading “A record year: Paul Hastings posts 6% revenue rise as PEP reaches $2.5m”