Clifford Chance (CC) outgoing managing partner David Childs has been appointed by the Financial Reporting Council (FRC) as chair of its conduct committee, taking over the role from Herbert Smith Freehills consultant Richard Fleck. The FRC is the independent regulator for the accounting and actuarial profession and its conduct committee oversees the conduct division, responsible for the …
A series of senior in-house moves and hires has this week seen The Co-operative Group appoint Lloyds Banking Group company secretary Claire Davies as group secretary, Yahoo’s senior legal director Manu Kanwar move to Powa Technologies, Swedish automotive safety systems manufacturer Autoliv appoint Andrew Nellis as interim general counsel and the British Medical Association (BMA) …
The fall-out over the Government’s highly controversial legal aid reforms continues as the Law Society‘s leadership today (17 December) lost a high-stakes confidence vote on its divisive ‘direct engagement’ policy with the Ministry of Justice (MoJ). The vote at the special general meeting (SGM) at Chancery Lane this morning saw a no confidence motion narrowly …
Following a year of protests over legal aid cuts and court reforms from a profession better known for its quiet conservatism, 2014 promises more of the same after the government this month launched a consultation over the levying of sizeable court fees in commercial claims and the Criminal Bar Association (CBA) announced a half-day strike …
Talk to any partner at Dundas & Wilson in the early 1990s – when Cameron McKenna launched its fledgling oil and gas outpost in Aberdeen – and any suggestion that the City firm could challenge the Scots leader on its own turf would elicit snorts of derision. The notion that the two most prestigious law …
Continue reading “Buy-side story: how CMS and Dundas & Wilson finalised their surprise merger”
Getting a legal merger over the line is notoriously difficult but once the tie-up is agreed it usually goes through, happily or not. One rare exception to that rule has emerged today (11 December) with the announcement that the 153-partner Kennedys has abandoned its agreed takeover of Scots practice Simpson & Marwick. The deal comes after …
The sensitive issue of governance has hung over Hogan Lovells since the 2010 merger that created the Anglo-American giant but the firm is to finally resolve the point in favour of a streamlined leadership model. The dual UK-US leadership of Hogan Lovells is to come to an end with joint chief executives Warren Gorrell and …
Surrey County Council (SCC) and 11 local authorities have again teamed up to launch a tender for a four-year legal advisory panel as its first, put together in 2009, is due to expire. The panel, which is worth between £6m to £20m, will be divided into three subsets: care and education; general commercial; and environment …
Continue reading “Adviser reviews: Surrey County Council puts out tender for external legal panel”
Manchester’s Pannone is offering voluntary redundancies to around 100 staff as a result of its recently announced takeover by Slater & Gordon (S&G). As reported by RollOnFriday today (9 December), there will be no compulsory redundancies but Pannone has informed around 100 individuals that it is unlikely that there will be positions waiting for them …
Continue reading “Redundancy watch: Pannone to make job cuts following Slater & Gordon takeover”
Following a six-month tender process the Department for Business, Innovation & Skills (BIS) has appointed Hogan Lovells to advise on the sale of the £40bn Student Loans Company (SLC) debt portfolio. In July BIS invited tenders for legal advice on the monetisation of the SLC’s loans portfolio, which is likely to take place either through a sale …
Continue reading “Updated deal watch: Hogan Lovells wins £40bn Student Loans Company debt sell off”
