Ashurst London managing partner Simon Beddow and former corporate head Robert Ogilvy Watson have quit the firm to join Bryan Cave Leighton Paisner (BCLP) and Macfarlanes respectively. A partner at the firm for 21 years, Beddow had led the firm’s City base since 2016 and was previously the firm’s corporate co-head. He will become BCLP’s deputy head of …
Dentons’ highest paid UK partner took home £1.4m in the year to April 2018 compared to £1.1m the year before, the firm’s first accounts since the merger with Maclay Murray & Spens show. Covering the firm’s 14 offices in the UK and Middle East, the accounts, published today (30 January), incorporate six months of trading …
Continue reading “Dentons UK top earner reaped benefits of Maclays takeover with 27% pay rise”
Bird & Bird’s nine executive committee members took home €6.4m in the year to April 2018, its LLP accounts showed today (30 January), as the firm announced turnover of €197m in the first half of the current financial year. The TMT-focused shop saw pre-tax profit up 14% to €119.8m in the 2017/18 financial year, a …
A Hogan Lovells partner has agreed to leave the firm after being caught viewing pornographic images on a work computer. The firm suspended the partner in November last year and launched an investigation after the partner in question was caught by a lawyer from a window in Irwin Mitchell’s offices, which are next to Hogan Lovells’ …
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The transfer of business services roles into low-cost bases shows no sign of slowdown in 2019, with top 20 UK firm Taylor Wessing announcing it is considering making 13% of its 270-strong City team redundant by the end of 2020. The move, announced today (25 January), potentially affects 34 London-based staff and comes as the firm …
The three way union of CMS, Nabarro and Olswang cost the partnership £28.9m in ‘reorganising, restructuring and integrating’ the merger in the year to April 2018 the combined firm’s first LLP accounts showed this week (24 January). But operating profit at the post-merger firm rose to £160m, up 30% on the £122.5m combined profits of …
Continue reading “CMS 2017/18 accounts reveal profit rise despite £30m cost of merger”
One of the most touted private equity names in the City, Adrian Maguire, has quit Freshfields Bruckhaus Deringer to join Kirkland & Ellis just over a year after his former colleague David Higgins made the same move. Freshfields-bred and regarded as a loyalist to the firm, Maguire is leaving the Magic Circle outfit after more than …
Continue reading “Buyout star Adrian Maguire to join Kirkland in body blow to Freshfields”
Baker McKenzie has kicked off 2019 with another step towards its long-stated aim of beefing up its London transactional capabilities, hiring capital markets partners Rob Mathews and David Becker from White & Case. Veteran Mathews played a key role in White & Case’s high-yield practice and led on a number of large mandates including the …
Jones Day, Sidley Austin, Cadwalader Wickersham & Taft and Akin Gump Strauss Hauer & Feld have unveiled their 2019 partner promotions, together welcoming four more London based-lawyers to their partnerships than last year. Jones Day saw the largest cohort in a bumper round, with the firm promoting four in the City out of 46. Last year it …
City deal teams are having a busy run-up to Christmas, with Baker McKenzie, Freshfields Bruckhaus Deringer, Addleshaw Goddard and Linklaters leading on two multibillion-dollar deals. Bakers’ London private equity head David Allen and corporate partner Jannan Crozier led a team advising Hitachi as the Japanese conglomerate acquired 80.1% of Swiss giant ABB’s power grid division for …
