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Revolving Doors: US firms kick-on with big hires as Clydes invests Stateside

As firms move to finalise their lateral hires before the holiday season starts, a string of US hires were wrapped up last week as Cooley brought in Reed Smith’s global head of corporate and securities in a four-partner hire to grow on both sides of the States, while Sheppard, Mullin, Richter & Hampton launched an antitrust practice in the City. Meanwhile, UK firm Clyde & Co went in the other direction to grow its US offering.

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‘We haven’t turned ourselves into a boutique’ – Ashurst’s head talks strategy, Bain and pushing energy and finance

After having brought in Bain & Co last year to advise on the firm’s strategy, Ashurst’s chairman and New Zealand-born litigator Ben Tidswell (pictured) talks to Legal Business about the firm’s new direction and its renewed focus on financial institutions, energy and infrastructure, and the Asia-Pacific.

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KWM hires Nabarro’s former head of financial services regulation to support real estate and PE push

In a ‘sign to the market of our commitment to grow our private equity practice’, King & Wood Mallesons (KWM) has rehired Adrian Brown from Nabarro, where he formerly led the firm’s financial services regulation group after having joined from SJ Berwin in 2010.

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Guest post: Solicitors are lawyers too, Mr Gove – what the Lord Chancellor needs to remember

Michael Gove’s performance before the justice select committee on Wednesday was a skilful one. Thoughtful, reasonable, non-dogmatic – two months into his time as Lord Chancellor and Secretary of State for Justice, he continues to win plaudits simply by virtue of not being Chris Grayling.

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WilmerHale review set to shut City branch to refocus on Mayfair arbitration team

Wilmer Cutler Pickering Hale and Dorr is set to close one of its two London offices, with its 10-lawyer transactional outpost in the City currently being reviewed amid expectations that the office will be wound down. The review is likely to result in the US law firm refocusing its London practice heavily around its arbitration team at its existing Mayfair office, according to two current partners.

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Legal Services Act to be reviewed as Gove says regulators are in danger of ‘falling over each other’s feet’

In an appearance in front of the Justice Select Committee this morning [15 July], Lord Chancellor Michael Gove (pictured) has confirmed plans to review the Legal Services Act 2007 as he pitched what he would like to achieve as Justice Secretary.

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