London teams at Weil, Gotshal & Manges and White & Case were selected as the lead advisers as Ukraine struck a debt-relief deal yesterday on its $18bn sovereign debt pile in a bid to rebuild its fragile economy.
Continue reading “Dealwatch: Weil and White & Case lead on Ukraine’s $18bn debt restructure”
Slater & Gordon has published its financial results for the year to 30 June 2015, recording a 27% increase in revenues as it continued its acquisitive streak throughout the year.
Continue reading “Slater & Gordon sets sights on Global 100 in 2016 as revenues hit A$522m”
DLA Piper has targeted Eversheds‘ Manchester base, hiring three of the firm’s partners from the office, as its bulks up it infrastructure and construction practice.
Having enjoyed another respectable financial performance for the 2014/15 year, Travers Smith has boosted its newly qualified (NQ) associate salaries by £6,000 to £70,000 from £64,000, constituting a 9% rise and putting its rates on a par with Slaughter and May and Hogan Lovells.
With the hue and cry about big data, artificial intelligence and law being accentuated by all the talk around Watson/Ross, I was interested to see this thoughtful, carefully carried out and documented piece of research into the qualities of brief writing before the US Supreme Court from US political scientist Adam Feldman.
Rounding out the Magic Circle retention rates, Allen & Overy has announced an 86% retention rate for the trainee intake qualifying in September 2015 while Linklaters is keeping on 84%.
Freshfields Bruckhaus Deringer and Arthur Cox have taken the lead roles today (26 August) as Paddy Power and Betfair announced they had agreed a possible merger in a £5bn deal.
Continue reading “Dealwatch: Freshfields and Arthur Cox line up on Paddy Power and Betfair’s merger”
City firm Marriott Harrison is in talks with a team of London corporate partners at McClure Naismith as more firms emerge as possible homes for lawyers at the beleaguered Scottish outfit.
Continue reading “Marriott Harrison emerges as suitor for McClure’s London corporate partners”
In a further blow to its client roster, White & Case has ended its training contract deal with The University of Law (ULaw) and switched to rival BPP Law School.
Continue reading “On a roll: BPP picks up another client as White & Case switches from ULaw”
Students of the relationship between business and society will, of late, have encountered a new discourse, that around corporate welfare.
Continue reading “Guest post: The truth about corporate welfare”
Having lost a string of London-based corporate stars in the last two years, Ashurst is making efforts to enhance its offering once more with the hire of Skadden, Arps, Slate, Meagher & Flom’s former global private equity co-head Shaun Lascelles.
Magic Circle duo Slaughter and May and Freshfields Bruckhaus Deringer have won roles as Switzerland’s Zurich Insurance Group bids to buyout its FTSE-100 listed rival RSA for £5.6bn.
Continue reading “Dealwatch: Slaughters and Freshfields lead as Zurich bids £5.6bn for UK’s RSA”
After having seen several clients turn to other legal practice course providers, Kaplan Law School has announced that it is set to close at the end of 2016.
Continue reading “We don’t need no education: Kaplan Law School to close in 2016”
Less than six months after returning to Barclays‘ HQ in Canary Wharf, Simon Croxford has been selected to replace the banking giant’s outgoing deputy general counsel (GC) Michael Shaw.
Continue reading “In-house: Barclays picks Simon Croxford to fill expanded deputy GC post”
Baker & McKenzie has fallen behind rival firm DLA Piper in the stakes to be the biggest global law firm after its worldwide revenues dropped 4% to $2.43bn in the fiscal year ending 30 June 2015.
Energy giant National Grid has revealed a new legal panel, further slimming down its roster to just 12 firms – a reduction of nearly 50% over its last two reviews.
Clifford Chance (CC) has revealed a trainee retention rate which outpaces its Magic Circle rivals to have announced so far with the firm keeping on 96% of its cohort. Meanwhile Berwin Leighton Paisner (BLP) managed a rate of 71%.
Despite the summer break being upon us, law firms have continued to invest in their recruitment strategies. Norton Rose Fulbright (NRF) continued to build its Hong Kong offering by hiring a partner from Hogan Lovells, while Squire Patton Boggs turned in-house and BLM scored a ‘major coup’.
Morgan, Lewis & Bockius has recruited two further partners from K&L Gates, adding to the three already to have made the move in July, as the US firm builds its City securitisation offering.
Solicitors and barristers have called off their legal aid strike after 52 days as a ‘gesture of goodwill’ to the Ministry of Justice (MoJ) following discussions over further cuts to fees.
Continue reading “Strike no more: Solicitors call off legal aid protest after 52 days”
