RFU rejigs legal team as deputy head joins sports firm

Bujalski promoted to head of legal as Handford joins Couchmans The Rugby Football Union (RFU) has reconfigured its in-house legal team, promoting in-house lawyer Angus Bujalski (pictured) to head of legal following the recent departure of Polly Handford to become a partner at sports law firm Couchmans. Former Slaughter and May lawyer Bujalski will report …

Regulatory: Embattled SFO requests £19m emergency funding for ‘blockbuster’ litigation

The Serious Fraud Office’s (SFO’s) somewhat fraught efforts to redefine itself by focusing on higher profile, higher risk complex fraud, bribery and corruption cases yesterday (30 January) led the organisation to ask the Government for emergency funding of £19m. The request for ‘blockbuster funding’ is to help bankroll large international investigations including Libor, Barclays Qatar …

LLP latest: Taylor Wessing posts 4% increase in UK fee income

Taylor Wessing has become the latest LB100 firm to post its limited liability partnership accounts via Companies House, which show its UK fee income increased by 4% to £102m. This compares to total revenues of international business reported as £228m for the 2012/13 financial year. UK members’ profit for the financial year fell slightly to …

Offshore: Mourant Ozannes opts for experience with hire of former Farrer private client head

Global offshore firm Mourant Ozannes has made a significant hire to its City office, recruiting Farrer & Co’s former head of private client, Jim Edmondson. He will lead the firm’s international trusts and private client practice from 1 September when current head Douglas Close steps down. Edmondson, who was head of Farrer’s client practice and …

LLP latest: Hogan Lovells stands out for lack of debt as accounts show 5.4% increase in profit before tax

Transatlantic LB100 firm Hogan Lovells has become the latest to release its LLP accounts for the 2012/13 financial year, posting a 5.4% profit-before-tax increase from £197m to £208m and an enviable lack of debt in comparison with a number of recent filings among some of its competitors. Revenue decreased 1.6% from £591m to £581m, which the …

Leadership: Norman enters the fray as CC takes soundings for new global corporate chief

Clifford Chance (CC) has begun its nominations process for a potential successor to the role of global corporate chief following the promotion of incumbent Matthew Layton to global managing partner. Layton will succeed the firm’s current global chief David Childs on 1 May and with the Magic Circle firm currently canvassing names for his replacement …

Joined up thinking – GCs push to make collaboration more than a buzzword

Collaboration has become a buzzword as progressive GCs press their advisers to parcel up work between them. Legal Business asks if such an approach can deliver the value its supporters claim The battle to secure panel work is arduous for any law firm partner. With the threat of reduced panel slots and clients seeking more …

Deal Watch: CC, Freshfields and A&O act on Liberty Global’s €6.9bn acquisition as Dentons and LG float Hurricane

Three Magic Circle firms have scored lead advisory roles on Liberty Global’s €6.9bn acquisition of Netherlands’ largest cable operator Ziggo, with Freshfields Bruckhaus Deringer, Clifford Chance (CC) and Allen & Overy (A&O) all acting on the deal. A&O’s Amsterdam-based corporate partner Annelies van der Pauw led for Liberty Global and competition partner Paul Glazener worked on …

LLP latest – Bird & Bird and Eversheds pay cost of expansion and restructuring

The cost of Bird & Bird’s strategic investment in 2012/13 became apparent today (27 January) with the filing of its limited liability partnership (LLP) accounts, which show that its overdraft facility rose 55% to €21m from €13.6m in 2011/12, while net debt was up 20% from €22.6m to €27.1m during that period. Turnover at the 966-lawyer …

Taylor Wessing loses former insurance head to Edwards Wildman in second US raid

In the second US foray into Taylor Wessing’s partner pool this month, the top 20 firm has lost its former head of international insurance & reinsurance James Crabtree, who joins Amlaw 100 firm Edwards Wildman’s London office as a partner. The insurance disputes lawyer joins Wildman’s 15-strong insurance team in the City. Prior to joining Taylor …