Linklaters strengthens German private equity arm with former Clifford Chance heavyweight

Linklaters strengthens German private equity arm with former Clifford Chance heavyweight

Former Clifford Chance(CC) Germany private equity (PE) head, Christopher Kellett, who retired from the firm’s partnership in April, is understood to be joining Linklaters’ Frankfurt office as the firm strengthens its capabilities.

Kellett joined CC in 1996. The firm appointed him head of PE in Germany in 2015. Continue reading “Linklaters strengthens German private equity arm with former Clifford Chance heavyweight”

Brexit government department spent £3.7m in legal costs in year since EU referendum

Brexit government department spent £3.7m in legal costs in year since EU referendum

The government department for exiting the European Union (DExEU) has spent £3.7m in legal costs since it was set up last summer, the most significant area of expenditure for DExEU after overall staff costs of £14m.

A government report published on Wednesday (19 July) revealed that DExEU cost taxpayers £1.2m in legal fees for the cases brought against the government, including that on triggering of Article 50, which formally started the UK’s withdrawal process from the European Union (EU). Continue reading “Brexit government department spent £3.7m in legal costs in year since EU referendum”

The Global 100: The European question – Have years of cuts left the Magic Circle exposed as Brexit looms?

The Global 100: The European question – Have years of cuts left the Magic Circle exposed as Brexit looms?

 

London’s top firms have been quietly retrenching for years in mainland Europe. As Brexit looms, where has that left the Magic Circle?

‘Welcome to Europe, the haven of legal certainty,’ quips Burkhart Goebel, Hogan Lovells’ managing partner for continental Europe. Continue reading “The Global 100: The European question – Have years of cuts left the Magic Circle exposed as Brexit looms?”

CMS launches Monaco office with local merger to service international investors

CMS launches Monaco office with local merger to service international investors

CMS Cameron McKenna Nabarro Olswang has continued to expand by opening its Monaco office through a combination with Pasquier Ciulla & Marquet Avocats (PCM), the firm’s first global practice launch since the UK tripartite merger went live on 1 May.

Continue reading “CMS launches Monaco office with local merger to service international investors”

Gibson deals body blow to Ashurst’s European business as four-partner Paris team quits

Gibson deals body blow to Ashurst’s European business as four-partner Paris team quits

Ashurst’s hopes of stabilising its European practice have been dealt a body blow with Gibson, Dunn & Crutcher today (8 June) recruiting a four-partner team from its Paris arm. The move – which comes just months after a five-partner corporate team quit Ashurst’s Paris outpost for Freshfields Bruckhaus Deringer  – sees a team led by litigation and restructuring partner Jean-Pierre Farges decamp to the US-based giant.

Continue reading “Gibson deals body blow to Ashurst’s European business as four-partner Paris team quits”