Just days after the resignation of King & Wood Mallesons (KWM) European practice head William Boss, Taylor Wessing has announced it has hired KWM chief operating officer (COO) Rachel Reid.
Continue reading “Taylor Wessing taps King & Wood for COO Reid following MP resignation”
Reed Smith, which last week cut 45 jobs across its US, Europe and Middle Eastern offices, has bolstered its energy offering in the United Arab Emirates and China by appointing partners from Pinsent Masons and Norton Rose Fulbright.
Following calls from students and chambers, the Bar Council is moving its Pupillage Gateway timetable so applicants know the outcome of their applications before committing to the Bar Professional Training Course (BPTC). The course can cost up to £18,000 in London.
Continue reading “‘A common sense decision’: Bar Council moves Pupilage Gateway timetable”
Taylor Wessing has made a key hire in a bid to boost its equity capital markets offering with the appointment of K&L Gates corporate finance partner Jeremy Landau.
Sullivan & Cromwell, Clifford Chance and Allen & Overy (A&O) have won roles as the world’s largest brewer Anheuser-Busch InBev NV (AB InBev) prepares to issue $46bn worth of bonds, in what may become the largest corporate offering in history.
David Stewart (pictured), who unexpectedly stepped down as Olswang chief executive at the end of 2014 following a clash with other partners, has taken up a post at freelance arbitrator hub JAMS International.
Continue reading “Former Olswang chief executive Stewart joins arbitrator hub JAMS”
Reed Smith has axed 45 lawyers from its US, Europe and Middle Eastern offices as it makes the ‘necessary adjustments to remain competitive’.
Continue reading “‘Necessary adjustments’: 45 lawyers laid off in Reed Smith restructure”
King & Wood Mallesons (KWM) is to hold managing partner elections for its European practice as William Boss has resigned after less than a year in the post.
In another round of musical chairs at Barclays, the banking giant has appointed Victoria Hardy as general counsel (GC) for the UK, Europe and Middle East region with immediate effect.
Continue reading “Changing places: Barclays names new UK/EME general counsel”
Having first signalled intentions to set up a base in South Korea back in 2011, Ashurst has put plans to launch in Seoul on ice.
Continue reading “‘When the time is right’: Ashurst puts Seoul launch on hold”
What is a fair and equitable distribution of $7.3bn of global bankruptcy assets between multinational creditors where no legal mechanism exists? This is the unenviable question which the US and Canadian courts sought to answer by their joint rulings in the Nortel Bankruptcy in May 2015, and which the parties will be attempting to renegotiate when they commence further dispute resolution meetings today.
Linklaters and Ashurst have landed roles advising UK property developer Countryside Properties as it prepares to list on the London Stock Exchange, in a float likely to value the housebuilder at around £1bn.
Hogan Lovells has made a key hire in the City with Pinsent Masons financial services chief John Salmon, in a bid to better position itself for opportunities in the burgeoning financial technology (fintech) market.
Continue reading “Fintech play: Hogan Lovells hires Pinsent Masons financial services chief Salmon”
Freshfields Bruckhaus Deringer is set to transfer partners in its Tokyo office from its traditional lockstep to its second-tier lockstep as part of a global profit review, Legal Business understands.
Public and civil law set One Crown Office Row (1COR) has seen six of its junior barristers take silk in this year’s round of Queen’s Counsel appointments, constituting over 10% of its juniors.
A landmark review of civil justice has backed the creation of an online court for claims worth up to £25,000, and suggests more cases should be heard in the provinces.
Allen & Overy (A&O) and Linklaters have landed roles advising online spread-betting company CMC Markets as it plans to float on the London Stock Exchange, in what will be the first initial public offering (IPO) of 2016.
Continue reading “A&O and Linklaters win mandates as spread-betting company CMC Markets plans float”
In a move welcomed by industry groups, the Competition and Markets Authority (CMA) has launched an investigation into the legal services market over concerns about the affordability and standards of legal services.
With the release last week of the Annual Report from Georgetown Law’s Center for the Study of the Legal Profession, the ‘Big Three’ annual reports – Altman-Weil’s Law Firms in Transition, Citi/Hildebrandt’s Client Advisory, and Georgetown’s – are now all out and we can see what trends and developments they seem to discuss in common.
Continue reading “Guest post: Law land annual reports -has the partnership model been outgrown?”
Bird & Bird‘s net debt rose by 21% in the last financial year to €46.3m from €38.3m in 2014 following a refinancing of the business, while the top paid member took home 12% more, the firm’s accounts show.
Continue reading “Bird & Bird’s net debt rises by a fifth, as highest paid member gets 12% more”
