Anna Cole-Bailey rounds up the latest senior corporate in-house moves A string of general counsel (GCs) have made career changes of late, including high-profile names such as the long-serving Bank of America Merrill Lynch (BAML) European legal chief Sajid Hussein and Rio Tinto GC Philip Richards.
It is a complex world. Globalisation, increasingly interconnected economies, decades of tougher regulation and, yes, frenetic levels of law making across the world mean that getting business right is harder than ever and not all the proliferating risks can be managed. All perfect conditions for litigators, which is why much of the post-banking crisis boom …
Continue reading “The clean-up crew – The rise of the in-house litigator”
Shepherd and Wedderburn has become the latest firm to set up shop in the Republic of Ireland in response to Brexit. The new office, announced today (22 July), has been launched in a bid to protect European client business and will be led by Paul Carlyle (pictured), the Scottish-headquartered firm’s head of media and technology, alongside …
Thomson Reuters has snapped up legal software provider HighQ, making good on plans to bolster its cloud-based software products after selling its legal managed services arm, Pangea3, to EY. Thomson Reuters’ president and chief executive Jim Smith said the firm plans to integrate London-based HighQ with its own information services, enabling it to sell the …
Severn Trent group general counsel (GC) Bronagh Kennedy (pictured) is keeping an open mind as to how many firms will be appointed to its £8m legal panel, with Eversheds Sutherland currently the company’s sole adviser. The FTSE 100 water company has opened a tender process for the legal panel it last reviewed in 2015, when Eversheds …
Multiple general counsel (GCs) have stepped down from their posts this week, including the legal heads of FTSE 100 mining company Rio Tinto, fintech company Transferwise and online retailer ASOS. Rio Tinto said on Monday (1 July) Philip Richards will retire as group GC of the global mining giant at the end of December after …
Continue reading “In-house: Rio Tinto GC to retire as Transferwise and ASOS legal heads depart”
The long-serving EMEA general counsel (GC) at the Bank of America Merrill Lynch (BAML) has stepped down after 14 years to join Big Four accounting firm EY. Sajid Hussein, a GC Powerlist regular, will join EY as a partner and GC for Europe, the Middle East, India, Africa (EMEIA) from 1 July.
Amid a quiet month for the lateral recruitment market in London, Addleshaw Goddard made the most significant play, bolstering its City banking practice with the hire of leveraged finance partner Peter Crichton from US firm McDermott Will & Emery. Well known in the deal community, Crichton joins Addleshaws’ active mid-market practice led by Alex Dumphy. …
Continue reading “‘Necessary bandwidth’: Addleshaws lures deal finance veteran from McDermott”
The recent spate of leadership elections has seen Ashurst, Slaughter and May and White & Case all sticking with tradition while Stephenson Harwood and Quinn Emanuel Urquhart & Sullivan bet on new leaders. May saw Hugh Verrier’s term as White & Case chair extended to 16 years after he was re-elected for another four years …
Ireland The Emerald Isle may be small – its two million-workforce delivers a tax take of just €50bn – but last year’s exceptional 6.7% GDP growth followed an equally strong 2017 and makes Ireland the standout performer among the EU27. All would be well were it not for another six-month delay to Brexit. ‘There was …
