Clifford Chance’s (CC’s) special adviser in Saudi Arabia, Mohammed Al-Jadaan, founding partner of local firm Al-Jadaan & Partners with which the Magic Circle firm holds a cooperation agreement, has resigned from his role to chair the Capital Market Authority as it oversees the liberalisation of the country’s financial markets.
Continue reading “Saudi relations: Clifford Chance special adviser resigns to head public regulator”
Lisa Mayhew, Berwin Leighton Paisner’s (BLP’s) head of employment, pensions and incentives, has beaten the firm’s corporate chief David Collins to become the firm’s next managing partner.
Continue reading “Succeeding Eisenberg: Mayhew wins BLP managing partner role”
With US leadership previously announcing intentions to boost the firm’s New York bench, Clifford Chance has today (3 February) confirmed the hire of DLA Piper’s Gianluca Bacchiocchi as a partner in its banking and finance practice in the Americas.
Osborne Clarke started last week with a hire from King & Wood Mallesons in the City but other laterals saw a focus on the Middle East with Boodle Hatfield’s London hire dealing with clients in the region as well as central Asia while Pinsent Masons and Berwin Leighton Paisner (BLP) both hired in the UAE.
Latham & Watkins has strengthened its corporate bench in Germany with the hire of Clifford Chance’s (CC) co-head of private equity Oliver Felsenstein and partner Burc Hesse.
Transatlantic firm Hogan Lovells has become the latest to publish its limited liability partnership (LLP) accounts for the 2013/14 financial year, and has recorded a 3.9% revenue boost in its International LLP from £581m to £604m.
Allen & Overy (A&O), Herbert Smith Freehills and US firm Reed Smith have helped to quash the nervousness among trainee lawyers across the City, with each keeping over 90% of their recently qualified trainee intakes.
Hundreds of workers at motorway service operator Roadchef are set to share a windfall after a 17-year long legal battle against the company’s former chief executive regarding an employee share option scheme.
In an uncontested election, risk and insurance-focused law firm BLM has unanimously re-elected its senior partner, Mike Brown, for a further three-year appointment.
The influx of Western law firms in South Korea continued today (2 February) after local authorities rubber stamped Milbank, Tweed, Hadley & McCloy’s launch in Seoul.
Continue reading “Targeting South Korea: Milbank opens in Seoul”
Donny Ching (pictured) replaced Peter Rees as Royal Dutch Shell’s legal director in February 2014. After almost a year in the top role, Ching talks to Legal Business about law firm collaboration, appropriate fee arrangements and pressures facing in-house teams in volatile industries.
Baker & McKenzie has ramped up its corporate offering in Amsterdam with the hire of seven lawyers including Linklaters‘ corporate partner Henk Arnold Sijnja and a large team from local firm Houthoff Buruma.
DAC Beachcroft’s latest LLP fillings at Companies House have revealed the firm’s profits available for division among members fell by 18.3% from £31.2m in the 2012/13 financial year to £25.5m in the year to 30 April 2014 as staff costs rose and the firm booked the cost of an IT failure.
Stuart Isaacs QC, the man brought in to lead Berwin Leighton Paisner‘s advocacy unit and compete with the Bar, has departed for King & Spalding.
Continue reading “Losing QCs: BLP’s plan to compete with the Bar hit by another advocacy exit”
Magic Circle firm Freshfields Bruckhaus Deringer has bolstered its US offering again, this time enhancing its employment capability with the hire of Kirkland & Ellis partner Howard Klein in New York.
DLA Piper‘s European, Asian and Middle Eastern operations suffered a fall in revenue from £800m to £787.5m for the 12 months to 30 April 2014.
Continue reading “Accounts revealed: DLA Piper revenues slip as partner numbers shrink”
In the first full year of accounts since it merged, Herbert Smith Freehills has revealed its borrowings fell from £178m at the end of the 2012/13 financial year to £141m.
Traditionally dominated by US lawyers, French and British arbitrators trumped their North American rivals last year by securing more arbitral appointments at the World Bank’s International Centre for Settlement of Investment Disputes (ICSID).
Nabarro has bolstered its recently opened Manchester office with the hire of corporate partner Howard Gill and real estate partner Peter Winnard.
Continue reading “Targeting Manchester: Nabarro bolsters office with Pinsents and Eversheds hires”
Browne Jacobson has opted to stick with current managing partner Iain Blatherwick with the firm’s 96-strong partnership unanimously re-electing him for a further three years from 1 May 2015.
Continue reading “Unanimous approval: Blatherwick gets another three-year term at Browne Jacobson”
