Following its US merger, international asset manager Columbia Threadneedle has carried out a restructure of its UK legal team, scrapping the head of legal and head of compliance roles.
Due to the uncertainty and economic volatility stoked by last week’s shock Brexit vote, the Law Society has told MPs that plans to give the Solicitors Regulation Authority (SRA) and other regulators full independence should be shelved.
Baker & McKenzie has promoted six in the City in this year’s 85-strong global round, with a focus on building its disputes, tax and M&A offering.
In this week’s appointments around up, law firms including Skadden, Arps, Slate, Meagher & Flom, DWF and accountancy giant EY have all key appointments.
Leading commercial set Brick Court Chambers has made a key hire with Wilberforce Chambers’ rising star Laura Newton.
Pearson, the largest education company and book publisher in the world, has launched its US corporate panel review after finalising spots on its litigation roster for the region. The US changes come after Pearson finalised its UK roster in recent months with the help of Accenture.
Terra Firma Capital Partners has withdrawn its £2.3bn claim against Citigroup just days after the trial started at London’s High Court.
Holman Fenwick Willan has recruited another key lateral to its City practice, this time with Herbert Smith Freehills (HSF) solicitor advocate and partner Christopher Foster.
Having closed its investigation earlier this year due to ‘lack of evidence’, it has emerged that the Serious Fraud Office (SFO) spent £2.1m investigating alleged rigging of the foreign exchange (forex) market in less than two years.
Following a year-long consultation with the partnership and external advisers, high-flying City firm Mishcon de Reya has revealed a refreshed business strategy for the next decade, with a target to lift UK revenue by 40% to £175m within the next three years. Unaudited figures for 2015/16 project revenue to be in excess of £125m.
