Ashurst to lose another corporate partner in wake of Stephen Lloyd resignation

Having achieved a transcontinental full financial merger with Blake Dawson almost without drama there will be those who say Ashurst had it coming, as it emerges that corporate partner Eavan Saunders Cole is set to leave the firm after last week’s revelation that global head of corporate Stephen Lloyd has handed in his notice. Cole, …

H1 2013/14: Clyde & Co, Weightmans, Trowers and Gateley reveal figures

As the first of the top 100 firms reveal their 2013/14 half-year (H1) results the early story is positive, with Gateley and Trowers & Hamlins seeing revenue growth of 4%, while Weightmans reports a 7% uplift and Clyde & Co sets a high bar for the top 20 with a turnover increase of 16.5% on figures this time last year. …

Freshfields claims victory for DB in defending $8bn claim as global institutions continue to fight fires

A week ago Deutsche Bank announced it was setting aside a €1.2bn provision to cover its legal costs but in better news today (8 November), the German banking giant and advisers Freshfields Bruckhaus Deringer claimed victory in fighting off an $8bn claim. The claim was brought by Sebastian Holdings Inc. (SHI) – the Monaco-based investment firm wholly owned and controlled by Norwegian billionaire …

Strategy review sets expansive course as Mayer Brown aims to galvanise its business

Eight months in the making, Mayer Brown’s revamped international strategy will now see the US law firm re-group around its large international clients and allocate significant resource to providing a more joined up global service in which London is forecast to be key. The new strategy, put together by the 1,536-lawyer firm’s 12-strong partnership board and …

Ashurst leadership elections draw to a close as board and ExCo unveiled

Ashurst’s lengthy governance elections have come to a close as the top 15 firm announces the results of its final board elections and unveils the members of its executive committee (ExCo). The 1006-lawyer firm’s new board comprises fourteen members from Ashurst and Big Six Australian merger partner Blake Dawson, with the eight newly-elected members announced today …

Strategy review sets expansive course as Mayer Brown aims to galvanise its business

Eight months in the making, Mayer Brown’s revamped international strategy will now see the US law firm re-group around its large international clients and allocate significant resource to providing a more joined up global service in which London is forecast to be key. The new strategy, put together by the 1,536-lawyer firm’s 12-strong partnership board …

Homeward bound: Burke hands Freshfields’ reins to Aitman as he leaves for Boston-based ArcLight Capital

‘I’ve held a number of management roles in the firm, which, together with having recently chaired our supervisory body, should help me take on the new role and ensure a smooth transition,’ says Freshfields Bruckhaus Deringer’s new global managing partner David Aitman, as he steps into the sizeable shoes of veteran Ted Burke, following his …

Burns to maintain Clydes’ expansive form as he takes charge of insurance giant

Jaishree Kalia talks to Clyde & Co’s new senior partner as veteran head Payton hands over the baton after 29 years There are succession issues and succession issues. James Burns, the incoming senior partner at Clyde & Co, is facing the latter category as he takes the helm of the world’s largest legal insurance specialist, …

More news from Asia – Clydes first to enter South West China under JV deal

Long a trailblazer in the insurance sector, Clyde & Co has now become the first international law firm to launch in southwest China after setting up a joint law venture (JLV) in China with local practice West Link Partnership in Chongqing. Clydes this week became the first among its peers to launch an office in South …