Former Stewarts Law pair to return to SDT after High Court upholds one finding of dishonesty

Former Stewarts Law partner Andrew Shaw has failed to entirely clear his name in the High Court, which has ordered that the struck-off solicitor return to the Solicitors Disciplinary Tribunal (SDT) to argue over whether one finding of dishonesty against him means he should be re-struck off the solicitors Roll. Litigator Shaw and associate Craig Turnbull were both …

LLP latest: Penningtons and Addleshaws both see highest-paid member drawings fall during last financial year

Penningtons Manches is the latest top-100 UK firm to file its limited liability partnership (LLP) accounts for 2012/13, which in keeping with a host of leading City firms, reveal that its highest paid member took more than a £52,000 cut, taking home £286,642 compared with £338,759 in 2012. The firm posted a turnover figure of …

Dentons hires high profile energy partner Charles July and Eversheds’ banking partner Michael Wainwright

Increased optimism within the business sector at the start of 2014 is being reflected in a flurry of lateral hires as high profile energy partner Charles July joins Dentons as a partner in the energy, infrastructure and project finance City practice. July joins from Watson, Farley & Williams, where he was head of the firm’s …

Hogan Lovells and Olswang strengthen TMT practices with hire of team heads in Hong Kong and Germany

As Hong Kong becomes gateway to the world’s biggest trader in goods after China overtook the US for the first time in 2013, the region continues to see high profile lateral moves, most recently from Freshfields Bruckhaus Deringer to Hogan Lovells, which has hired the Magic Circle firm’s regional head of intellectual property (IP), IT and …

Corporate: Freshfields makes Paris M&A lateral hire as 2013 M&A adviser tables do little to instil confidence

Freshfields Bruckhaus Deringer has become the second elite global firm to make a high-profile corporate lateral hire this week, as the latest M&A deal tables released today (9 January) show European and global transaction levels fell again in 2013. The Magic Circle firm has strengthened its international capital markets, M&A and corporate advisory offering in …

Strategic recruitment: A&O hires employment team in Paris

Allen & Overy (A&O) has underlined the importance of its global employment practice with a significant hire in France, recruiting highly regarded partner Claire Toumieux to head its employment and benefits department in Paris. Toumieux joins from 18-partner, top-tier local employment firm Flichy Grangé Avocats where she was a partner, along with a team of …

Asia-Pacific: Clydes eyes further China expansion as it hires Eversheds Asia employment head

Clyde & Co has further expanded its China operations with the hire of Eversheds’ Asia head of employment Iris Duchetsmann to lead its Shanghai office. Duchetsmann will focus on expanding the firm’s regional employment law capabilities, its overall China offering and comes with a particular focus on cross-border issues and international human resources management. Also …

LLP latest: Trowers accounts confirm profits slide as Holman and Stephenson Harwood power on

What finer way to kick off the New Year than a stream of law firm limited liability partnership (LLP) accounts? The latest in a run of recent filings confirm the extent of the fall in profitability at Trowers & Hamlins, while Holman Fenwick Willan and Stephenson Harwood confirm revenue increases. Trowers’ LLP accounts for 2012/13 …

Litigation watch – Claims against FTSE 100 companies up by 76% in 2013

A second spike in claims against banks stemming from the financial crisis is being blamed for a rocketing number of High Court cases involving FTSE 100 companies, which rose by 76% in 2013, the highest level since the credit crunch. Data from Thomson Reuters Lawtel shows a total of 201 High Court cases involving FTSE 100 companies between June …

Merger Watch 2013 – The runners, riders and fallers at the last hurdle

‘I believe the market lends itself to opportunities for growth and successful law firms will take advantage of these opportunities. It is good for the market and clients. Let’s hope there are more [mergers] in the future.’ So says CMS Cameron McKenna’s managing partner Duncan Weston, who oversaw his firm’s successful tie-up with Scotland’s Dundas & Wilson during …