Ashurst is to adopt merger partner Blake Dawson’s system of allocating partner profit points at the start of the financial year, potentially ending criticism that its original appraisal system lacks transparency.
Greenberg Traurig has hired Dentons London-based co-head of global real estate Eric Rosedale as its co-chair of international real estate.
In the latest of a series of heavyweight City hires, Latham & Watkins is to bring in Macfarlanes’ environmental specialist Paul Davies as a partner in its environment, land and resources group.
Ashurst finance partner Simon Thrower has quit to join Simmons & Simmons’ City practice within days of the announcement that corporate partner Nigel Stacey is leaving for US firm Gibson, Dunn & Crutcher.
Ashurst’s corporate partner Nigel Stacey has quit the firm to join the London office of Los Angeles-founded firm Gibson, Dunn & Crutcher. Stacey, who focuses on mergers and acquisitions, corporate finance and general corporate matters, follows in the footsteps of fellow corporate partner Jonathan Earle, who left Ashurst in April after being with the firm for 16 years.
The latest standout lateral moves have seen Herbert Smith Freehills’ (HSF) former advocacy chief Murray Rosen QC return to the Bar, as Weil Gotshal & Manges boosts its City finance practice, Simmons & Simmons expands in Bristol, with further partner hires at Rosenblatt Solicitors and Payne Hicks Beach.
Trainees, NQs and PQEs to receive salary boost. Setting the bar for trainee, newly-qualified (NQ) and associate pay last month were early Magic Circle movers Slaughter and May, Allen & Overy (A&O) and Linklaters, as Ashurst, Hogan Lovells and Shearman & Sterling were among other firms to announce changes. Linklaters’ decision to increase pay pushes …
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One of the best-known names in the leverage buyout market, Stephen Lucas, is set to join Kirkland & Ellis from Weil, Gotshal & Manges, where he heads the Wall Street firm’s City banking practice. Lucas handed in his resignation last month and leaves Weil Gotshal just three years after he joined in June 2011 from …
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Jaishree Kalia assesses A&O’s latest attempt to break into the buyout game. There was never any obvious reason for Allen & Overy (A&O) to largely ignore private equity. While a circular debate simmered in the City about the problems of combining deal finance and corporate, its arch rival Clifford Chance (CC) had long made hay …
Clyde & Co has launched two offices in South Africa with the hire of a four-partner team from Linklaters’ local ally, Webber Wentzel. The new offices will be based in Cape Town and Johannesburg, headed by Daniel Le Roux, who currently heads Webber Wentzel’s insurance and legal liability practice.
