Leading Russian firm Egorov Puginsky Afanasiev & Partners has hired the managing partner and co-founder of rival Moscow firm Liniya Prava, who joins alongside a nine-lawyer capital markets team.
In the latest round of partnership promotions, Freshfields Bruckhaus Deringer has made up 15 new partners to its ranks. While that figure does not represent a return to 2011 and 2012 levels, when 20 partners were made up, it is a slight increase on last year, when the number fell to 14.
In a further step towards breaking down the traditional restraints on delivering legal services, chartered legal executives have been given the go ahead to practise independently on probate and conveyancing matters after justice secretary Chris Grayling approved the proposal last week.
US law firms are facing a fundamental overhaul over the way they calculate and distribute their profits that could result in far higher short-term tax bills if controversial proposals currently before Congress are approved.
Expansive US litigation boutique Quinn Emanuel Urquhart & Sullivan has posted conflicting global and London results for 2013, with overall turnover up by 14% to $972.7m while the firm’s City office has posted its first ever decline in revenue and profit since launching in 2008, both down by around 30%.
He was singled out as one of Ashurst’s rainmakers of the future but private equity specialist Karan Dinamani has become the second high-profile corporate exit to Allen & Overy (A&O) in six months. Dinamani (pictured) joins Ashurst’s former global head of corporate, commercial and competition Stephen Lloyd, who resigned within weeks of the firm fully integrating …
Continue reading “A&O bolsters corporate practice as PE star follows Lloyd from Ashurst”
Freshfields Bruckhaus Deringer has named current London corporate head and Freshfields lifer Julian Long as its new London managing partner, taking over from incumbent Mark Rawlinson, who is returning to client work. Long, an M&A partner, has earned his stripes having been at Freshfields for his entire career, making partner in 1995 and being promoted to …
Following Hogan Lovells announcement at the start of February that it is setting up a business process outsourcing centre in South Africa, the top 15 LB100 law firm has launched a new legal services centre in Birmingham to undertake low level legal work as a cost effective extension of its London office. The nearshoring venture, called …
Continue reading “After South Africa, Hogan Lovells launches nearshoring venture in Birmingham”
As brand new start-ups go, the Freshfields Bruckhaus Deringer-breakaway arbitration boutique set up by heavyweight arbitrators Constantine Partasides, Paris-based Georgias Petrochilos and former arbitration co-chair Jan Paulsson earlier this month is making quite a splash. Following news of its launch on 17 February, the latest announcement today (26 February), less than ten days later, is that …
Whitehall’s largest legal department, the Treasury Solicitor’s Department (TSol) is to improve its data protection practices after an independent investigation found it had breached the Data Protection Act four times between 2011 and 2012. The investigation by the UK’s independent data privacy authority, the Information Commissioner’s Office (ICO), found that TSol failed to comply with …
