Revenue at the London branch of US firm King & Spalding (K&S) surged 16% to £27.2m in 2014 as the firm rapidly expanded its legal team.
Continue reading “King & Spalding’s London revenues up 16% as legal headcount lifted by 40%”
Revolving Doors: Pinsent Masons, Dentons and Mishcon make key appointments
Pinsent Masons, Dentons, Mishcon de Reya, and Crowell & Moring are among a raft of firms which have made key appointments in past weeks.
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Dechert hires insolvency partner Fleming from DLA Piper
US firm Dechert frequently turns to DLA Piper for its City hires and has done so again, recruiting insolvency partner Paul Fleming.
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A royal departure: Crown Estate general counsel Vivienne King to leave amid business restructure
The Crown Estate’s high profile general counsel and director of business operations, Vivienne King is leaving as the company undergoes a restructure of the business which will create three new executive roles.
On the move: Ince & Co cuts costs by downsizing office space
Ince & Co has signed a new 17 year office lease and will reduce costs by moving into a smaller office in Algate Tower at the end of March 2016.
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Guest post: Fraud unravels all: the Supreme Court divorce judgments in Sharland and Gohil
The Supreme Court has given two judgments – Sharland v Sharland, and Gohil v Gohil – about re-opening divorce settlements on the grounds of fraud. Sharland lays down a new test in cases involving fraud, which should mean more settlements are reopened in future.
Slaughter and May wipes £600m from cartel claim against British Airways
Three months after forcing High Court judge Mr Justice Peter Smith to recuse himself from deciding on a £1bn claim against British Airways (BA) over a rant about his luggage, Slaughter and May has had Smith J’s refusal to strike-out about £600m from the claim overruled.
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Brown Rudnick hires King & Wood European employment head amid high profile departures
US firm Brown Rudnick has hired King & Wood Mallesons’ (KWM) former head of employment Nicola Kerr as the Hong Kong legal firm clears its decks after a partnership review in Europe and the Middle East.
Orrick takes Weil Gotshal partner to lead M&A team in Munich
Orrick, Herrington & Sutcliffe has appointed former Weil, Gotshal & Manges partner Thomas Schmid to serve as head of German M&A and private equity.
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Supreme Court rules in favour of wives in hidden wealth divorce case
The UK’s top court has ruled in favour of two wives whose husbands hid the extent of their wealth when settling their divorces, setting a precedent which the wives’ lawyer says will lead to a rise in challenges in divorce settlements.
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In-house: Dimitrief named next GE general counsel as Denniston retires
As Brackett Denniston stands down after 12 years as general counsel (GC) for US conglomerate GE, the GC of GE Capital Alex Dimitrief has been promoted to the top position.
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HSF hires BLP project management team as firms race to chop up work
Herbert Smith Freehills (HSF) has ramped up its ability to break down legal mandates so that work can be handled in a more efficient way, by hiring a new process management team from Berwin Leighton Paisner (BLP).
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Freshfields, Allen & Overy lay foundations for McCarthy & Stone’s £1bn flotation
Magic circle firms Allen & Overy and Freshfields Bruckhaus Deringer have taken lead roles on retirement homebuilder McCarthy & Stone’s plans to float on the London stock exchange.
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Dealwatch: US firms line up as Russia’s largest driller prepares exit from London stock exchange
The management of Eurasia Drilling Company Limited is being advised by US firm Willkie Farr & Gallagher as it prepares to sell to major shareholders and exit the London stock exchange, after Schlumberger gave up on a deal to buy into the company.
Betting on Brussels: Sheppard Mullin takes Hogan Lovells partner in competition law play
US firm Sheppard, Mullin, Richter & Hampton has taken competition lawyer Jacques Derenne from Hogan Lovells’ Brussels office to launch an EU competition and regulatory practice in Belgium’s capital.
Entering Africa: DLA Piper launches in Morocco and South Africa
Just two months after severing its ties with South African affiliate, Cliffe Dekker Hofmeyr, DLA Piper is launching two new African offices in Johannesburg and Casablanca.
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Freedom to operate: Bar Standards Board wants to relax barrister rules for corporate vehicles and agencies
The Bar Standards Board (BSB) is proposing to make it easier for barristers to work through agencies and corporate vehicles, and has launched a consultation on its reforms.
Comment: Bespoke, mobile and plugged in: CMS’s Duncan Weston on the tech tools clients will demand
Against a backdrop of a fast-changing technology environment; value-conscious clients, rising rents, and the need to provide meaningful alternative fee arrangements, law firms are being challenged to deliver innovative services and efficiencies like never before.
DLA Piper boosts Italian offer with nine hires from Ashurst
DLA Piper has hired a team of three partners and six other lawyers from Ashurst for its restructuring and litigation group in Italy, in a move which boosts its Italian partner count to 43.
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Holman Fenwick Willan takes London banking partner from Ince & Co
During a tough year for insurance specialists, Holman Fenwick Willan has hired a partner from rival Ince & Co, appointing Stephen Marais to build its asset finance practice.
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