The first of the Magic Circle’s big four to announce its trainee retention rate, Freshfields Bruckhaus Deringer is set to see 40 newly-qualified lawyers walk through its door this autumn, from a trainee intake of 48.
Continue reading “40 out of 48: Freshfields keeps on 83% of autumn 2015 trainees”
Latham & Watkins has returned to Clifford Chance (CC) for another star hire, with German banking chief Alexandra Hagelüken becoming the latest senior partner to switch allegiances.
Continue reading “Senior CC German exits mount as Latham recruits head of banking Hagelüken”
OK, the headline is clickbait – kind of. There does, of course, need to be an investigation into Quindell’s financial ‘restatements’, which it admitted earlier this month meant that the 2013 profit after tax of £83m should have been a loss of £68m, and net assets at 31 December 2013 should have been £446m, rather than £668m. That’s a seriously wonky piece of accounting.
Continue reading “Guest post: Why the fuss over Quindell and Slater & Gordon?”
After having carried out a strategic review which will see the Global 100 firm look to create three ‘best-in-class’ international practices, Bryan Cave has hired Macfarlanes‘ structured finance and capital markets chief Rachel Kelly as part of a drive to build its financial services offering in the City.
Greenberg Traurig Maher is moving its London offices to the EU’s tallest building, The Shard of Glass, as the firm plans to bulk up its main practice areas in a wider pan-European push.
Four years on from its last review, British insurer Prudential, which recently posted double-digit profit growth, has kicked off the tendering process for spots on its legal panel.
Continue reading “In-house: Firms look to ensure places as Prudential assesses legal roster”
With the frontrunners having emerged earlier this summer, the partnership board at Linklaters has formalised the six-man shortlist to replace Simon Davies as managing partner.
After having already announced tie-ups with China’s Dacheng and US firm McKenna Long & Aldridge this year, Dentons is pushing on with its expansion plans by holding talks with Watford-headquartered firm Matthew Arnold & Baldwin (MAB).
A long-running case between Dechert and the administrator of the now dissolved Coudert Brothers over the former’s hiring of Paris and Brussels-based partners has finally come to an end with the US dispute shop agreeing to pay $2.4m in a settlement.
Continue reading “Ten years after hiring Coudert partners, Dechert pays $2.4m to settle dispute”
Westminster firm Bircham Dyson Bell has posted respectable financial results for the 2014/15 year as it grew income 10% to £34.5m from £31.3m and generated profits of £11.1m – up 18%.
Continue reading “Profits jump 18% at Bircham Dyson Bell as turnover benefits from boutique buy”
Freshfields Bruckhaus Deringer has reprised its role for Pearson as, just weeks after selling the Financial Times, the publishing group agreed to sell its stake in The Economist group for £469m to Macfarlanes‘ client Exor and back to the group itself.
Litigators live uncertain lives. The current matter could settle or go to trial. Your previous clients may never litigate again. It’s feast or famine.
Continue reading “Guest post: Can litigation be project managed? The case for clarity”
South Korea is continuing to prove its attraction for Global 100 firms as White & Case launches an office in Seoul with plans to relocate three partners and build on relationships with project finance clients.
Continue reading “White & Case follows project finance clients to launch in Seoul”
Barclays’ M&A chief, Khasruz Zaman, is set to exit the banking giant after a decade in its Canary Wharf HQ for City firm Simmons & Simmons.
Continue reading “Barclays exits continue as M&A legal chief departs for Simmons & Simmons”
Clifford Chance (CC) has advised the Co-Operative (Co-Op) Bank as the high-street lender avoided a substantial fine following an investigation by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) for breaching listing rules.
A raft of firms, including Allen & Overy (A&O), have landed roles on Carlyle Group’s $8bn purchase of software-storage company Veritas in what is the largest US technology leveraged buyout this year.
After a management reshuffle earlier this summer that saw legal affairs chief Christian Sewing reassigned, Deutsche Bank has confirmed that general counsel (GC) Richard Walker will leave the bank at the year-end.
Continue reading “Under fire Walker to step down as Deutsche Bank’s general counsel by year-end”
Having lost the bulk of its City patent practice to fellow US firm Cooley earlier this month, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo has made the decision to scale back its London offering with managing partner Julian Crump exiting to establish his own pharmaceuticals boutique.
Standard Chartered has made several senior appointments to its in-house legal team, bolstering its financial crime compliance (FCC) unit and recruiting ICAP’s group general counsel (GC) Duncan Wales as deputy GC to help ‘manage legal affairs’.
Continue reading “Standard Chartered rejigs in-house with new deputy GC and financial crime trio”
Accountancy firms continue to build their presence in the legal sector with KPMG Law the latest to boost its legal team by hiring two Berlin-based Taylor Wessing partners.
Continue reading “KPMG boosts German offering with double Taylor Wessing hire”
