Pinsent Masons has sold one of its earliest New Law investments to financial information giant Dow Jones for an undisclosed sum, citing a need for it to move on for its next phase of growth. The firm has sold online compliance solutions business Cerico, which it launched in 2013 as a joint venture with IT consultancy …
Continue reading “Moving on: Pinsents sells early New Law investment to Dow Jones”
The world’s largest law firm by fee-earners, Dentons, is continuing its relentless global expansion as it announces new combinations with seven law firms across Africa, the Caribbean and South East Asia today (14 March). Dentons is combining with Hamilton, Harrison & Mathews in Kenya, Mardemootoo Solicitors and Balgobin Chambers in Mauritius, Dinner Martin in the …
A fuller picture of the legal industry’s gender pay gap issue is emerging as Addleshaw Goddard, Mishcon de Reya and Gowling WLG become the latest firms to reveal big earnings disparities. Gender pay brackets at Addleshaw – published Tuesday (13 March) ahead of the 4 April deadline required by legislation brought in last year – reveal …
The legal adviser overhaul of £13bn real estate business The Crown Estate by general counsel (GC) Rob Booth continues with CMS Cameron McKenna Nabarro Olswang picking up a sole legal provider mandate for the estate’s £2.5bn regional retail portfolio. Meanwhile, DLA Piper has won another two years as principal legal adviser to Heineken UK. CMS’s appointment with …
Newcomers to London quickly learn the rules of the escalator: stand still on the right or keep moving on the left. The risk with changing your mind is you can land flat on your face. For Eversheds Sutherland, the consensus view is that its corporate team has stood on the right for years, moving along …
Continue reading “Deal view: Eversheds deal team – so much promise but so much steady”
Is big business turning its back on the conventional legal panel? This month at least sees two prominent examples, with listed infrastructure group Balfour Beatty extending and revamping its sole supplier partnership with Pinsent Masons as banking giant Barclays unveils its final global panel review. Pinsents today (5 March) announced its sole supplier mandate with the …
Lateral recruitment was largely left in the cold last week after a flurry of activity in late February, as London partner moves were nearly frozen out altogether. In the City, Bristol-based LB100 firm TLT brought in Nick Pincott as a partner in its UK construction, infrastructure and projects team from Norton Rose Fulbright, where he …
Continue reading “Revolving doors: City lateral market’s big freeze means hires further afield”
As expansive West End firm Gordon Dadds talks up its ambition to become a £100m business after going public last year, the new owner of Simpson Millar – which recently axed 91 jobs and had £17.7m in debt written off after its publicly-listed owner went bust – is not ruling out an initial public offering …
Berwin Leighton Paisner (BLP)’s quest for a US merger is over after its proposed transatlantic tie-up with Bryan Cave was given the green light by partners. The new firm will be called Bryan Cave Leighton Paisner (BCLP) and will officially launch in April this year after the partnerships of each firm announced the result of …
Firms have launched new teams in Paris and Milan on the back of a strong week for European lateral recruitment, while both Ashurst and Eversheds Sutherland have bolstered their IP practices with hires in the UK. In the City, Ashurst hired former Clyde & Co intellectual property (IP) head David Wilkinson for its London disputes team. …
