National Grid conducts wholesale review of internal and external legal function Legal Business Energy giant to analyse in-house team and links with UK and US counsel National Grid’s group general counsel (GC) Alison…
Clyde & Co loses 15-strong US litigation team to LeClairRyan Jaishree Kalia Latest exits add to departures of two partners from City headquarters The expiry of Clyde & Co’s three-year post-merger partner lock-in…
Taylor Wessing loses former insurance head to Edwards Wildman in second US raid Legal Business In the second US foray into Taylor Wessing’s partner pool this month, the top 20 firm has lost its former head…
Texas launch – Arnold & Porter opens Houston presence with four-partner Hogan Lovells litigation team Sarah Downey Washington-headquartered Global 100 law firm Arnold & Porter has become the latest to launch in Houston with the hire of a…
Shearman settles controlling stake in Co-operative Bank for US hedge funds David Stevenson Behind the scenes of the first-ever creditor bail-in of a bank in the UK. Last month The Co-operative Group’s £1.5bn…
Guest post: The United States of Innovation – viewed from Wall Street, it could be a whole lot better Legal Business The other night I was fortunate enough to be invited to attend the FT’s Innovative Lawyers 2013 US awards ceremony.…
Consolidation update – Dentons and McKenna chiefs back tie-up with November partner vote to follow Legal Business Dentons looks set to secure another substantive merger after management of the firm and US suitor McKenna Long & Aldridge…
Comment: ‘2006 and all that – an oh-so-familiar mess at Linklaters Legal Business The most hackneyed cliché of the pundit is history repeating itself, a claim that rarely holds up upon closer examination.…
Regulatory squeeze – JP Morgan sees rare loss after setting aside $9.2bn in legal fees Legal Business As if any reminder was needed of the impact that increased regulation and the continuing fallout from the financial crisis…
Latham, Matheson, Davis Polk and Arthur Cox close $8.5bn Actavis Warner Chilcott acquisition after competition fears Legal Business Despite fears that the US federal regulator would block pharma giant Actavis Inc’s $8.5bn acquisition of Dublin-based Warner Chilcott the…
IBA 2013: ‘We need to be the tip of the spear’ – the global anti-corruption push is gathering pace Legal Business With a packed programme at the International Bar Association’s (IBA) annual conference in Boston, working out which of the many…
US/UK hires: Mayer Brown boosts London securitisation team as Herbert Smith hires New York financial services litigator Legal Business Mayer Brown is boosting its English law securitisation capability with the hire of former Mayer Brown lawyer Richard Todd, who…
Coming on like 2009 – Weil Gotshal becomes the first major NY firm to announce job cuts this year Legal Business So far the wave of redundancies that have rippled through the UK legal profession has not been replicated across the Atlantic…
Trophy US hire for Freshfields as it lures former head of DoJ’s crime division Jaishree Kalia Freshfields Bruckhaus Deringer has recruited former acting head of the criminal division at the Department of Justice (DoJ) to bolster…
LA Lawyer Legal Business Father of five, two-time Hawaiian Iron Man competitor, climber, trial lawyer extraordinaire and co-founder of what can legitimately claim to…