An increasing number of solicitors are facing disciplinary matters with the Solicitors Regulation Authority opening 90 new disciplinary proceedings from January to August this year, compared to 58 during the same period last year.
Magic circle duo Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have won roles to advise Virgin Money on its forthcoming London initial public offering (IPO).
Shoosmiths chairman Andrew Tubbs is set to step down after 12 years with partner Peter Duff lined up by the firm to take over the role next year.
It had been long rumoured but the loss that Ashurst clearly wanted to avoid has materialised as it was today (1 October) confirmed that the firm’s former head Charlie Geffen has quit alongside corporate partner Mark Sperotto for a US rival.
After two months of placing its regional offices under consultation, Parabis Law has decided to close its Bristol and Colchester offices.
In one of the largest global partnership promotion rounds, Kirkland & Ellis has made up eight of its London associates to partner in a round that saw 82 lawyers join the global partnership, including one promotion from of counsel to partner.
The Court of Appeal has handed down judgment on the long-running litigation between Starlight Shipping versus Hill Dickinson, a host of insurance companies, and others, allowing defendants Hill Dickinson and insurance services company Charles Taylor Adjusting to recover damages of £225,000 and £100,000 respectively and giving a 60% interim payment.
Herbert Smith Freehills (HSF) announced its management successor in Singapore, while Kirkland and Ellis, and Hogan Lovells made partner exchanges in Hong Kong.
US firm Weil, Gotshal & Manges continues to boost its global finance practice with the hire of Ashurst banking partner Damian Ridealgh in New York.
McDermott Will & Emery and CMS Hasche Sigle have won the lead roles in advising Telefónica Deutschland’s €3.62bn rights offering to help finance the acquisition of E-Plus Group from KPN.
