In a move that could increase the future loss element of personal injury claims by 30% in catastrophic cases, the government is planning to significantly cut the discount rate that calculates the value of injury awards.
Cambridge tech success story ARM Holdings has appointed senior Symantec Corporation lawyer Carolyn Herzog as its new general counsel (GC) as previous legal chief Philip Davis departs.
After years of lacklustre growth, Hogan Lovells has seen a boost in global turnover of 6% up to $1.93bn for 2016. At like-for-like rates the firm said results were up around 8%, while in sterling the firm experienced an almost 20% boon due to the falling pound.
After considerable speculation over the fate of international partners post-merger, CMS Cameron McKenna has confirmed a number of lawyers in the European offices of Olswang and Nabarro will be joining its network on 1 May, while the fate of Olswang’s remaining lawyers in Paris remains uncertain.
In yet another significant Texan transfer, Baker Botts has expanded its Houston offering bringing in a nine partner team from Norton Rose Fulbright (NRF).
In its second major US merger in four years, Norton Rose Fulbright (NRF) has secured strength for its New York practice through a deal with 400-lawyer Chadbourne & Parke.
In what would have been the second largest M&A deal in history, Unilever has rejected a $143bn takeover approach from Kraft Heinz as Paul, Weiss, Rifkind, Wharton & Garrison and Linklaters take opposite sides.
Freshfields Bruckhaus Deringer is to punch a major hole in Ashurst’s European private equity practice with the City giant voting on a deal to take on a five-partner buyout team from Ashurst’s Paris arm. This comes after the Ashurst team had already approached some US firms, including Dechert, within the last six months. Confirmation that Freshfields …
The Serious Fraud Office (SFO) is using artificial intelligence technology from RAVN Systems to work on its most important cases and has spent more with the software firm than on regular adviser Slaughter and May in the first six months of this financial year.
Partners at legacy Norton Rose‘s European business will get a limited vote on the firm’s next potential US merger with New York firm Chadbourne & Parke, Legal Business understands.
