Clyde & Co head of corporate Philip Rogers is leaving the firm after eleven years to head up Brown Rudnick’s emerging markets corporate practice in London after the US firm also made two laterals in its Paris office last week.
Continue reading “Brown Rudnick hires Clydes’ corporate head as it targets Francophone work”
Freshfields Bruckhaus Deringer has changed its finance team’s management as it brings in Kirkland & Ellis high-yield heavyweight Ward McKimm as co-head of its European leveraged finance group, while Ashurst has made changes to its Asia leadership team.
A government report into barriers of entry in the professions has criticised the ‘class ceiling’ at law firms and other professional service outfits which it says are blocking working-class people from elite firms.
After taking the decision to move back-office staff out of its London headquarters to Manchester in a nearshoring exercise, Freshfields Bruckhaus Deringer is taking the low-cost support model to new heights as it looks at potentially opening two further support outposts in Asia and the US to provide 24/7 legal support.
King & Spalding has chosen Tokyo as its second base in Asia, hiring a team of Ashurst partners led by Tokyo managing partner John McClenahan to spearhead its launch.
Continue reading “Ashurst blow as King & Spalding secures four-partner team for Tokyo launch”
Innovation lies at the core of technology. Evolution and improvement in the ways we design and use basic utilities and infrastructure such as telecoms, water and energy are key to ensuring perennial and adaptable services for an ever-growing global population.
The industry standard in tracking US law firm mergers, Altman Weil’s Mergerline, has had this to say about activity in the wake of the Global Financial Reset:
With two mergers under its belt in 2014, CMS has unveiled double digit growth in revenue for the financial year ending 31 December 2014 with turnover up by 11% to €934.5m (£753.3m).
Continue reading “Mergers helps drive 11% revenue growth at CMS with profits up 3%”
Berwin Leighton Paisner has made a double hire to start a US securities group in the City, hiring former Proskauer Rose partner Katherine Mulhern and Bank of America Merrill Lynch (BAML) director Bobby Schrader.
Continue reading “BLP launches US securities team with BAML director and former Proskauer partner”
LB100 firm Taylor Wessing’s managing partner, Tim Eyles (pictured), is set to stand unopposed in the firm’s upcoming management election as he seeks a third term in office.
After a full year of advanced negotiations, Eversheds has merged with its German partner Heisse Kursawe Eversheds, allowing the duo to financially integrate and make investments in Munich, Berlin and Hamburg.
After six years as deputy group general counsel (GC), Michael Shaw has become the latest senior exit from Barclays‘ legal team which has suffered multiple departures since the start of the year.
Continue reading “Mounting departures: Barclays’ Michael Shaw resigns as deputy general counsel”
Deputy senior partner Mark Crean (pictured), who served as chairman of Freehills until its 2012 merger with Herbert Smith, has resigned from Herbert Smith Freehills (HSF) to join Jones Day.
In its latest annual report, the World Trade Organization (WTO) has reported that its disputes unit has ‘faced difficulties in retaining staff’, causing delays to panels being established amid a surging caseload.
Continue reading “WTO failing to cope with trade disputes burden as staff exits mount”
Having received fines from investigations relating to Libor manipulation and the unexpected resignation of its joint chief executives this week, Deutsche Bank has shaken up its legal department and reassigned its legal affairs chief Christian Sewing.
Continue reading “After seven months in the job Deutsche Bank reassigns legal affairs chief”
White & Case has announced it is making significant increases in salaries across its associate pay scale with newly-qualified (NQ) lawyers set to receive 20% more in 2015 and take home £90,000.
As Clyde & Co’s Manchester office revenues look to hit £26m for 2014/15, the firm is expanding the presence it gained in the city through its 2011 tie-up with Barlow Lyde & Gilbert with a move into new premises and the hire of two partners from Squire Patton Boggs.
The University of Law (ULaw) has lost another law firm’s business to rival BPP with Baker & McKenzie becoming the latest to switch its training provider.
Continue reading “University of Law loses another client as Bakers opts for arch-rival BPP”
Having re-shuffled its City management almost a year ago, Ropes & Gray has added three more practice heads in London while Mike Goetz (pictured) steps down as co-finance chief.
In a ‘strategic play’ to build its debt capital markets offering, Watson Farley & Williams (WFW) has hired a pair of finance partners from Fried, Frank, Harris, Shriver & Jacobson’s City office.
Continue reading “Watson Farley hires Fried Frank London duo to launch structured finance practice”
