Legal Business assesses the options for senior in-house counsel looking to swap ideas (and business cards) with their peers Buy-side lawyers are a continual target for a whole host of networking and marketing ‘opportunities’ that may – or more often may not – be useful. As private practice law firms look for ways to deepen …
Continue reading “Making connections – how in-house counsel swap ideas (and business cards)”
Last month court staff across the country took the unusual step of going on strike in a rare show of solidarity among all strands of the legal profession against the Ministry of Justice (MoJ)’s controversial proposals to slice £220m off the £1.2bn annual criminal legal aid budget. The strike, while said by lawyers and court …
Continue reading “Legal profession forms united front on proposed cuts to legal aid”
Longstanding Magic Circle client warns creditors that it could face administration Slaughter and May is advising Punch Taverns on its £2.4bn securitised debt restructuring as the UK’s largest pub company warns creditors it could face administration. On 10 June a powerful group of lenders rejected plans to reduce the pub group’s interest payments to £32m …
Continue reading “Slaughters leads on Punch Taverns £2.4bn debt restructuring”
The impact of the Australian downturn has once again been thrown into sharp relief after DLA Piper’s staff in the region were told not to expect pay rises and some partners to expect a drop in pay as the office failed to meet its targets. As first revealed by RollOnFriday, an email from chief operating officer …
Squire Sanders has today announced the hire of US Dorsey & Whitney City-based corporate finance partner Matthew Doughty in a week that has also seen Pinsent Masons take on a new head of banking in Birmingham and Bird & Bird boost its finance capability in Frankfurt. Doughty, who specializes in equity capital markets (ECM) with experience of the New York, Hong Kong, …
The government’s plans to cut criminal legal aid and privatise parts of the court services appeared to edge one step closer yesterday following Chancellor George Osborne’s Comprehensive Spending Review, under which The Ministry of Justice (MoJ) will see its budget slashed by 10% over the next 18 months.
Kennedys has today announced a turnover increase of 9% after a year of both lateral hires and organic growth, with revenues up to £117m from £109m in 2011/12. The results do not reflect the firm’s recent merger with aviation firm Gates and Partners on 1 June this year, which is expected to add £10m to …
Taylor Wessing’s long reputed head of inward investment David Kent is to join Field Fisher Waterhouse (FFW) in a week that has also seen Irwin Mitchell and TLT make strategic partner hires. Kent is a corporate partner specialising in advising emerging growth and listed companies from the US, Canada and Europe on structuring, establishing and operating …
Freshfields Bruckhaus Deringer and Linklaters have landed two major corporate mandates advising Alibaba on what Reuters describes as ‘the most anticipated IPO since Facebook’ and Vodafone on its €7.7bn (£6.6bn) acquisition of Germany’s largest cable TV operator respectively. Amidst much market speculation over roles and particularly the levels of fees that will be commanded, Freshfields …
Osborne Clarke has ended a year of international expansion with 2012-13 revenues up by 14% to £112m as it beds down new offices in Italy and Spain. The revenue growth masks a couple of slow periods for the firm’s transactional business in what managing partner Simon Beswick described as a ‘lumpy market’. Discounting revenues from the …
