Revolving doors: New Year moves at Eversheds, DLA Piper and HFW
Many City partners got the New Year started at new firms, with Eversheds, DLA Piper and Holman Fenwick Willan (HFW) making key hires in the City.
Targeting the UK: LegalZoom becomes first US business to gain ABS
US online legal solution site LegalZoom has become the first American business to receive an Alternative Business Structure (ABS) licence as it looks to build its operations in the UK.
Accounts revealed: Allen & Overy profits jump £35m as it cuts staff costs
Allen & Overy (A&O) is the latest Magic Circle firm to release its LLP accounts for the 2013/14 financial year, posting a 7% profit-before-tax increase from £497m to £532m, while average profits per full partner were up 6.7% to £1.12m.
Diversifying the group: Stephenson Harwood appoints a non-shipping head of finance
Stephenson Harwood has named restructuring and insolvency partner Sue Moore (pictured) as the new head of its global finance practice group as current head Mark Russell steps down after 18 years.
‘A fresh perspective’: Taylor Wessing hires Eversheds GC and new IT director
Taylor Wessing has kick started the new year with two key recruits, hiring Eversheds‘ general counsel (GC) Angela Robertson as director of risk and GC, and Kevin Harris as its new IT director.
Moving back: Jim Learner re-joins Kirkland & Ellis in the City
Former Kirkland & Ellis London head Jim Learner is returning as a partner in Kirkland’s corporate practice to the City office he helped launch 20 years ago.
H1 2014/15: Clydes maintains revenue growth with 5% boost at half year
Clyde & Co has posted a 5.3% increase to £178m in turnover for the first half of 2014/15 financial year as the firm has kept up its international ambitions with several office launches.
Dealwatch: Freshfields, CC and NRF called in on BT’s £12.5bn purchase of EE
Freshfields Bruckhaus Deringer, Clifford Chance and Norton Rose Fulbright have won roles as telecoms giant BT plumps to acquire Britain’s largest mobile network group EE for £12.5bn.
‘Unlawful’ guidance: Freshfields acts for Red Cross as CoA rules against exceptional funding advice
The UK government has come under fire again over legal aid as the Court of Appeal (CoA) slammed how guidance for funding legal aid in immigration cases was unlawful.
Investing in the City: Gibson Dunn scores with Kirkland’s Gillespie
The last year has seen Gibson, Dunn & Crutcher make a substantial push hiring heavyweight players in London with debt finance veteran Stephen Gillespie becoming the latest addition to the team, quitting Kirkland & Ellis after eight and a half years to join the firm.