PwC Legal has expanded its German legal team with the hire of Mayer Brown banking and finance partner Jorg Wulfken in Frankfurt as the firm looks to build a ‘sizeable’ financial services offering outside of the US.
After a full year of advanced negotiations, Eversheds has merged with its German partner Heisse Kursawe Eversheds, allowing the duo to financially integrate and make investments in Munich, Berlin and Hamburg.
LB100 firm Taylor Wessing’s managing partner, Tim Eyles (pictured), is set to stand unopposed in the firm’s upcoming management election as he seeks a third term in office.
With two mergers under its belt in 2014, CMS has unveiled double digit growth in revenue for the financial year ending 31 December 2014 with turnover up by 11% to €934.5m (£753.3m).
In a conspicuously early move by Dentons‘ chief executive Elliott Portnoy and global chairman Joe Andrew, both have revealed they will stand as candidates for the firm’s scheduled management elections in 2017.
The Bar is set to avoid further reductions in advocacy fees as the Ministry of Justice confirmed that it would make further cuts to criminal legal aid but for solicitors only – a move condemned by The Law Society which said it was ‘deeply concerned not only for the immediate future of the justice system …
In a ‘strategic play’ to build its debt capital markets offering, Watson Farley & Williams (WFW) has hired a pair of finance partners from Fried, Frank, Harris, Shriver & Jacobson’s City office.
Having received fines from investigations relating to Libor manipulation and the unexpected resignation of its joint chief executives this week, Deutsche Bank has shaken up its legal department and reassigned its legal affairs chief Christian Sewing.
The High Court has today (9 June) handed down its judgment in favour of Barclays Bank in a long running battle to secure repayment of a $540,000 loan together with interest from former Dewey & LeBoeuf partner Londell McMillan.
A trio of LB100 firms –Travers Smith, Clifford Chance, Pinsent Masons – have lined up alongside Debevoise & Plimpton in landing key roles on Patron Capital’s recent £500m sale of one of the UK’s biggest independent petrol station operators, Motor Fuel Group, to US private equity firm Clayton, Dubilier & Rice (CD&R).
