Human nature – cutting edge legal work looms for the drugs revolutionising healthcare

As patents for pioneering biotech drugs near expiry, life sciences companies are hunting new and controversial products. Can law firms help clients win the race? For those close to the biotech industry, the events of a 2006 clinical trial at Northwick Park Hospital in London are etched firmly in the memory. In what was later …

Freshfields’ northshoring planned on radical scale as City leader repositions for changing law market

Internal worries as firm’s new low-cost hub could affect up to 800 roles Freshfields Bruckhaus Deringer’s decision to jump on the near-shoring wagon with its first low-cost services hub in Manchester is on a scale larger than its peers, with up to 800 support service jobs being transferred – a move which is unsettling some …

Barclays Investment Bank hires new global GC

Gibson, Dunn & Crutcher’s co-chair of its financial institutions Mark Shelton is leaving the US firm to join Barclays Investment Bank as its global general counsel (GC) and the regional GC for the Americas. He leaves private practice after one year to return to the world of in-house in which he has over ten years’ …

Global elite firms have insurance sector consolidation covered

Early 2015 has seen key deals take place as the insurance sector consolidates, with Canada’s property and casualty insurer Fairfax Financial Holdings being the latest to gain a significant presence in London with its takeover of speciality insurer Brit for £1.2bn. Within a year of being listed on the London Stock Exchange, FTSE 250 insurer …

Spain prepares for IPO surge as US firms win key mandates on Aena’s €4.3bn float

The Spanish capital markets showed signs of improving last month as US firms Mayer Brown and Davis Polk & Wardwell won roles advising the world’s largest airport operator Aena on its €4.3bn float on the Madrid stock exchange. The Spanish government’s disposal of its 49% stake in Aena, which operates some 47 airports worldwide, including …