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.
Continue reading “Six frontrunners emerge from pack in A&O management race”
Following the success of its high-end contract lawyer service Peerpoint in London, Allen & Overy (A&O) is now extending the model to Asia.
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.
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).
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).
Continue reading “Business as usual: WLG’s Andrew Witts wins contested election for chair”
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.
Continue reading “Middle East moves: Latham loses partner trio to Hogan Lovells in Dubai”
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).
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.
Continue reading “Comment: In-house counsel: more to do and happy about it”
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?
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).
Continue reading “DLA strikes groundbreaking deal to offer contract lawyering via LOD”
Rolls-Royce has hired Slaughter and May to lead its defence as it faces an SFO probe into alleged bribes paid in Asia.
Continue reading “Slaughters parachutes in to defend Rolls-Royce in SFO probe”
Documents drawn up by Clifford Chance for a special RBS committee dealing with the Libor scandal are protected by legal privilege, the High Court has ruled, holding that lawyers must be able to give their client candid factual briefings as well as legal advice secure in the knowledge it will not be disclosed without client consent.
Continue reading “Clifford Chance Libor briefings privileged, High Court rules”
The Parabis Group has confirmed the sale of its defendant personal injury firm Plexus Law to a consortium of private individuals, including the group’s original founders, Andrew McDougall and Tim Roberts.
Continue reading “Parabis enters exclusive deal with original founders for Plexus buyout”
The first, and most important, thing to remind everyone before I dissect the events of the last few weeks is that there is still no stain on the character of former Chief Legal Ombudsman Adam Sampson.
It’s a rarity for the great pre-occupations of our age to intersect so closely with that of the legal profession but artificial intelligence (AI) and the prospect of increasingly capable machines taking on swathes of work handled by people is a startling exception.
Continue reading “Comment: Artificial intelligence and the law – mostly believe the hype”
Milwaukee-based Foley & Lardner has ended merger discussions with Eversheds, just over a week after reports Eversheds had identified the US firm as the primary candidate for a tie-up.
Continue reading “‘Not interested’: Eversheds’ lead US suitor Foley calls time on merger talks”
The UK Serious Fraud Office has dropped its case against Slaughter and May client Olympus two years after charging the Japanese photo company with making false and misleading financial statements.
Continue reading “SFO drops case against Slaughter and May client Olympus”
Fieldfisher has banked £58.4m for the first six months of the 2015/16 financial year, an 8% rise on last year, which saw UK firms stoke optimism of the domestic market.
Clyde & Co has appointed Mark Sutton as a senior equity partner in its professional financial disputes group. Sutton joined from national firm DAC Beachcroft where he was head of its global directors & officers and financial institutions group.
Linklaters has again been awarded top marks as an external adviser in Legal Business‘ fourth annual in-house survey, emerging as the clear overall favourite for both quality of advice on high-profile, strategic matters, as well as ranking first overall for value for money.
