Ropes & Gray, Shearman & Sterling and Slaughter and May have landed key roles on the proposed £5.5bn acquisition of Cable & Wireless Communications (CWC) by Virgin Media owner Liberty Global.
Revolving doors: Ince & Co makes double hire to ramp up insurance and aviation practices
Trading update: Gateley expects 10% increase in half year revenue
The UK’s first listed law firm, West-Midlands based Gateley said it is on track to lift revenues by 10% to take the firm’s revenue increase over the last six months to just short of the £30m mark.
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Partner moves: Morgan Lewis and Ashurst make hires in London and New York
US firm Morgan, Lewis & Bockius continues its firm wide hiring spree with Covington & Burling corporate partner Simon Currie being the latest to join the firm’s City ranks. Meanwhile Ashurst is continuing efforts to bulk up its New York collateralised loan obligations (CLO) practice with the hire of partner Lawrence Berkovich from Mayer Brown.
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White & Case to close Munich office after nearly a decade as it consolidates German operation
White & Case is shutting its Munich office after almost ten years after opening, offering its 11-lawyer team the opportunity to relocate to its larger Frankfurt base.
Structured finance heavyweight Severs departs BLP for Paul Hastings
Berwin Leighton Paisner‘s (BLP) head of structured debt and capital markets, Paul Severs, is leaving the firm to join Paul Hastings as part of the US firm’s latest City push.
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Hogan Lovells in mourning after lawyer killed in Paris attacks
A young Hogan Lovells associate was among the victims of Friday’s (13 November) terrorist attack in Paris, which has so far claimed 129 lives.
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Due south: Irwin Mitchell in takeover talks with Thomas Eggar
National firm Irwin Mitchell is in merger discussions with LB100 firm Thomas Eggar with a view to extending its reach in the south east.
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‘A big part of any growth strategy’: BLP launches in Myanmar with Baker & McKenzie hire
Berwin Leighton Paisner has joined the recent rush into Myanmar, launching its fourth Asian office in Yangon with Baker & McKenzie’s office head Chris Hughes.
Six frontrunners emerge from pack in A&O management race
With next year set to be senior partner David Morley’s and global managing partner Wim Dejonghe’s final terms at Allen & Overy (A&O), three names have emerged as primary candidates to take over each role one month ahead of formal nominations.
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‘Unfulfilled client demand for alternative resourcing’: A&O launches Peerpoint in Asia
Following the success of its high-end contract lawyer service Peerpoint in London, Allen & Overy (A&O) is now extending the model to Asia.
Cleaning up: Linklaters and Slaughters advise on record-breaking disposal of Northern Rock mortgages
Linklaters and Slaughter and May have landed major roles advising on the government’s record-breaking £13bn sale of former Northern Rock mortgages acquired during the financial crisis.
City firms called on as SFO launches Euribor prosecution against Deutsche Bank and Barclays staff
K&L Gates, Stephenson Harwood, Herbert Smith Freehills are among the City law firms instructed as the Serious Fraud Office (SFO) today (13 November) issued the first criminal proceedings against ten former employees of Deutsche Bank and Barclays accused of manipulating the Euro Interbank Offered Rate (Euribor).
Business as usual: WLG’s Andrew Witts wins contested election for chair
Wragge Lawrence Graham & Co (WLG) chairman Andrew Witts has been re-elected to serve as chairman for a further four years, after serving an initial two-year term after the merger between Wragges and Lawrence Graham (LG).
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Middle East moves: Latham loses partner trio to Hogan Lovells in Dubai
Three of the nine partners in Latham & Watkins’ Dubai office have resigned, just months after the US firm announced plans to scale back in the Middle East by shutting down its offices in Abu Dhabi and Doha in March.
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Former Withers client awarded extra £375k professional negligence damages by Court of Appeal
The Court of Appeal has awarded a further £375k in damages against Withers while dismissing the firm’s appeal of the case brought by former client Wellesley Partners (WP).
Comment: In-house counsel: more to do and happy about it
There are familiar themes and a few mixed messages from this year’s in-house lawyer survey but one obvious point to take away: employed counsel like the day job. A lot.
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‘A watershed moment for enforcement’ – Cleary’s Gadhia sizes up class action competition reforms
We have begun a journey into the unknown. The new collective action regime for competition litigation, which came into effect on 1 October, has set the market abuzz with speculation. For example, in the wake of the recent benchmark manipulation scandals, what impact will the new regime have for banks?
DLA strikes groundbreaking deal to offer contract lawyering via LOD
In a pioneering nod towards calls for the modern legal profession to be more collaborative, DLA Piper has struck a highly unusual deal to provide contract services to its clients via Lawyers On Demand (LOD).
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Slaughters parachutes in to defend Rolls-Royce in SFO probe
Rolls-Royce has hired Slaughter and May to lead its defence as it faces an SFO probe into alleged bribes paid in Asia.
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