Charles Russell Speechlys (CRS) has revealed 3% revenue growth for the 2016/17 financial year, alongside an 8% jump in profit per equity partner (PEP) in its second full year since the merger of Charles Russell and Speechly Bircham in 2014. CRS managing partner James Carter said last year was one of consolidation for the merged firm, while dealing …
Freshfields Bruckhaus Deringerhas appointed Paul, Weiss, Rifkind, Wharton & Garrisonlawyer Menachem Kaplan (pictured) as its first partner to head up the firm’s intellectual property (IP) capabilities in the US. Kaplan joins Freshfields today (24 July) as the firm’s first IP partner to be based in New York. He joins Freshfield’s international IP offering led by three …
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.
Firms have strengthened their global practices, as Hogan Lovells appointed a key Paris partner, Gibson Dunn & Crutcher recruited in Munich, McGuireWoods hired in London and Winston & Strawn brought in a new Dubai managing partner. Hogan Lovells have recruited heavyweight antitrust Francois Brunet in Paris, after a 26-year career building Cleary’s antitrust practice. His practice focuses …
The Competition Appeal Tribunal (CAT) has today (21 July) ruled against certifying one of the first US-style £14bn opt-out consumer damages antitrust class actions, against payment giant MasterCard, in what would have been the UK’s largest claim. CAT president Mr Justice Roth ruled against allowing the collective proceedings application on grounds that potentially disparate groups …
Vinson & Elkins(V&E) has increased its London associate and trainee solicitor salary levels, boosting newly qualified salaries 20% to £120,000 and first-year trainee salaries by 11% to£50,000. The firm announced the rates this week (20 July), alongside its second-year associates pay. They will receive a pay rise of 15% to £127,000 (from £110,000 previously), while the firm …
Long-serving Matrix Chambers CEO Lindsay Scott (pictured) is to join 39 Essex Chambers as its new chief executive officer, later in the year. Scott, who has been the CEO of Matrix for 11 years, is responsible for its overall management, including developing client relationships, marketing strategy and human resources.
White & Case has been fined £250,000 in the largest-ever sanction imposed by the Solicitors Disciplinary Tribunal (SDT) against a firm, as it said today (19 July) that the firm had breached conduct rules by acting recklessly in failing to identify a conflict of interest and failure to protect confidential information regarding a $2bn Ukrainian commercial dispute. …
Ince & Co’s revenue has grown 16% to £88.5m this year, signalling recovery from a three-year decline, in what Ince’s international senior partner Jan Heuvels described as a ‘good year of investment and growth.’ Heuvels (pictured) told Legal Business that, ‘if you strip out the FX effect, as we do have significant non-sterling earnings, we still have …
Disputes and business crime boutique Peters & Peters has today (19 July) announced that the former head of special crime at the Crown Prosecution Service (CPS), Nick Vamos, will become a partner at the firm. Vamos, a qualified barrister, will join the firm as a partner on 4 September. He has significant criminal law experience, specialising in …
