Freshfields Bruckhaus Deringer has stolen a march on rival Slaughter and May after winning the role representing the UK government in its latest disposal of holdings in Lloyds Banking Group.
In a further blow to its client roster, White & Case has ended its training contract deal with The University of Law (ULaw) and switched to rival BPP Law School.
Magic Circle duo Slaughter and May and Freshfields Bruckhaus Deringer have won roles as Switzerland’s Zurich Insurance Group bids to buyout its FTSE-100 listed rival RSA for £5.6bn.
Energy giant National Grid has revealed a new legal panel, further slimming down its roster to just 12 firms – a reduction of nearly 50% over its last two reviews.
Baker & McKenzie has fallen behind rival firm DLA Piper in the stakes to be the biggest global law firm after its worldwide revenues dropped 4% to $2.43bn in the fiscal year ending 30 June 2015.
Morgan, Lewis & Bockius has recruited two further partners from K&L Gates, adding to the three already to have made the move in July, as the US firm builds its City securitisation offering.
Ashurst is set to move its entire London operation to a new location at 1-10 Brushfield Street in Spitalfields in 2019 after having shifted its Sydney-based operations last month.
Ropes & Gray is pushing on with its City build-out with McDermott Will & Emery data privacy co-chairs joining the firm’s privacy and data security practice in London and Boston.
The first of the Magic Circle’s big four to announce its trainee retention rate, Freshfields Bruckhaus Deringer is set to see 40 newly-qualified lawyers walk through its door this autumn, from a trainee intake of 48.
Four years on from its last review, British insurer Prudential, which recently posted double-digit profit growth, has kicked off the tendering process for spots on its legal panel.
