David Chance and Andreas Raffel have joined Olswang today (1 September) as the firm’s first non-executive directors to monitor and support the firm’s executive, develop Olswang’s international strategy and bring an outside perspective.
Winckworth Sherwood and Richard Buxton have won roles advising on the judicial review of planned development works to Barts hospital’s Grade I-listed North Wing.
All of the Magic Circle firms have unveiled their trainee retention rates for the September 2014 intake with Allen & Overy (A&O) being the last to announce a retention rate of 82%, giving Slaughter and May the highest rate of the pack at 97% with Clifford Chance at the back with 75%.
Property tycoons are preparing to hit UK’s courts over allegations that some of the UK’s leading lenders mis-sold hedging products including those involving LIBOR.
US firms Paul Hastings and Weil, Gotshal & Manges have won lead roles on the OCEAN Holding acquisition of German mortgage bank Düsseldorfer Hypothekenbank, from the US investor Lone Star, in what is the largest German bank takeover since the economic downturn.
With Magic Circle firms still vowing to break ground in the US legal market, Manhattan-based corporate partner Matthew Jacobson has left Freshfields Bruckhaus Deringer and joined top-40 US firm King & Spalding while in the Netherlands, well-respected Robert ten Have has joined Rutgers & Posch.
As the fallout from the demise of Dewey & LeBoeuf continues, liquidators of the UK arm are assessing paying an interim dividend to unsecured creditors of the City office having finished disbursements to secured and preferential creditors.
Clyde & Co has hired Kennedys’ aviation liability and insurance star David Johnston with further lateral hires expected.
Scottish firm Burness Paull is awarding a 10% bonus to all its eligible employees across the firm’s three offices in Aberdeen, Edinburgh and Glasgow following a strong set of annual results which saw a 20% rise in turnover and a 25% increase in profit.
Lateral hires last week have seen Mayer Brown, DLA Piper and Reed Smith make key hires in their US practices, while a Bingham McCutchen partner exits to go in-house.
