Wachtell, Lipton Rosen & Katz; Skadden Arps Slate Meagher & Flom and Goodwin Procter have taken the lead roles on Bank of America’s $16.6bn settlement with the US Department of Justice (DoJ), federal agencies and six US states.
Magic Circle firms Freshfields Bruckhaus Deringer and Linklaters, alongside some of the leading US firms, have advised on the London Stock Exchange Group (LSEG) rights issue for £938m to help fund a £1.6bn acquisition.
Alternative business structure (ABS) Quindell has posted a huge revenue increase in the first half of 2014 with its Legal Services Division bringing in £179.6m, 139% up on H1 2013.
Weil Gotshal & Manges’ head of European high yield Gil Strauss has become the most recent prominent partner to leave the firm, after several high profile London office exits within the last year, with his decision to re-join Simpson Thacher & Bartlett.
After a long-running dispute between Clyde & Co and former partner Krista Bates van Winkelhof, the firm has finally settled the whistleblowing case outside of court.
Following a string of international lateral hires over recent months, Clyde & Co continues to bolster its team in the Middle East with Herbert Smith Freehills (HSF) Islamic finance specialist Adil Hussain joining the firm.
The past year has seen a number of UK firms scale back their back-office support teams to become more efficient and save costs, with international firm Ashurst being the latest and placing half of its overnight support team in London at risk.
Two of Freshfields Bruckhaus Deringer’s lawyers have set up an IP/IT specialist boutique in Spain following the closure of the firm’s Barcelona office in April this year.
Chadbourne & Parke’s Adam Mycyk has moved to Dentons following Chadbourne’s decision to close its Kiev office.
Nabarro and Fieldfisher have kept on a high number of trainees this month with the latter firm retaining 100% of its intake, while Trowers & Hamlins posts a lower rate of 64%.
