Client Intelligence Report: Data view

Client Intelligence Report: Data view

Q: For a routine instruction, how important are the following criteria when selecting a firm?

(1 = not at all important, 5 = expected, 10 = essential)

Analysis of the responses to this question from clients in the UK and US exposes marked differences between client priorities in the two jurisdictions. Scores are illustrated proportionally on the graphs below and to the right. Continue reading “Client Intelligence Report: Data view”

City’s big four rides churning forex markets as A&O leads the Magic Circle on results

City’s big four rides churning forex markets as A&O leads the Magic Circle on results

Double-digit fee growth for A&O, Links and CC but Freshfields stalls

Dramatic swings in foreign currencies against Brexit-battered sterling have lifted reported results from London’s big four, with double-digit growth rates for Allen & Overy (A&O), Clifford Chance (CC) and Linklaters. Freshfields Bruckhaus Deringer’s growth, however, has stalled in what has been a record year for the Magic Circle.

Continue reading “City’s big four rides churning forex markets as A&O leads the Magic Circle on results”

Ince & Co brings in alternative career to partnership as it shakes up associate pay

Ince & Co brings in alternative career to partnership as it shakes up associate pay

Ince & Co is offering its lawyers the option to choose a different career path from the traditional partner track, as it revamps its associate pay structure.

Lawyers at Ince will now progress up a four-step career programme applicable to trainees, associates, senior associates and managing associates.

Continue reading “Ince & Co brings in alternative career to partnership as it shakes up associate pay”

Mishcon boosts fledgling cyber security consultancy service

Mishcon boosts fledgling cyber security consultancy service

Mishcon de Reya has brought in Mike Owen from PwC as the fourth member of its expanding cyber security consultancy service, advising clients on cyber intelligence, risk consultancy and reputation management.

In a month of global cyber attacks, the new cyber security adviser, who previously worked at BAE Systems and Sage Pay, joined Mishcon’s non-lawyer analysts Emeric Bernard-Jones and Laura Hawkins, and head Joe Hancock.

Continue reading “Mishcon boosts fledgling cyber security consultancy service”

Ashurst loses second Paris team this year as four partners quit for Gibson Dunn

Ashurst loses second Paris team this year as four partners quit for Gibson Dunn

In a second blow to Ashurst’s Paris office this year, the firm last month lost a four-partner team to Gibson, Dunn & Crutcher, led by litigation and restructuring partner Jean-Pierre Farges.

Tasked with launching a new French litigation and finance practice at the US firm in Paris, Farges is joined by fellow disputes partners Pierre-Emmanuel Fender and Eric Bouffard, corporate partner Bertrand Delaunay and finance counsel Amanda Bevan, who will be made up to partner in the move.

Continue reading “Ashurst loses second Paris team this year as four partners quit for Gibson Dunn”

Addleshaws, Ashurst, DLA and Eversheds Sutherland chosen for DfT’s first rail panel

Addleshaws, Ashurst, DLA and Eversheds Sutherland chosen for DfT’s first rail panel

Addleshaw Goddard, Ashurst, DLA Piper and Eversheds Sutherland were selected last month to tier one of the Department for Transport (DfT)’s first £50m rail panel.

As part of the panel appointment, which lasts until 2020, the four firms will act on rail franchise competitions, major rolling stock procurements and infrastructure projects.

Continue reading “Addleshaws, Ashurst, DLA and Eversheds Sutherland chosen for DfT’s first rail panel”

High-stakes: White-collar crime teams ready as SFO hits Barclays with landmark prosecution

High-stakes: White-collar crime teams ready as SFO hits Barclays with landmark prosecution

White collar specialists scramble in landmark prosecution

White-collar crime specialists have scrambled across the City as the Serious Fraud Office (SFO) last month charged Barclays and four former executives with conspiracy to commit fraud, false representation and unlawful financial assistance in arranging a £7.3bn Qatar funding deal at the height of the 2008 financial crisis.

Continue reading “High-stakes: White-collar crime teams ready as SFO hits Barclays with landmark prosecution”

‘Should be the end of the proposal’: Queen’s Speech reprieve for SFO as abolition move recedes

‘Should be the end of the proposal’: Queen’s Speech reprieve for SFO as abolition move recedes

Theresa May’s Conservative manifesto pledge to subsume the Serious Fraud Office (SFO) into the National Crime Agency (NCA) was absent from June’s Queen’s Speech, with lawyers welcoming the prospect of the merger being shelved.

The speech, outlining the next two years’ statutory agenda, instead introduced a UK repeal and a customs bill and related European legislation to replace the EU’s customs regime, the world’s largest by economic output.

Continue reading “‘Should be the end of the proposal’: Queen’s Speech reprieve for SFO as abolition move recedes”

Cleary, CC and Covington lead as EC fines Google €2.4bn for online shopping abuse of dominance

Cleary, CC and Covington lead as EC fines Google €2.4bn for online shopping abuse of dominance

Google illegally favoured own online shopping comparison service, demoting rivals

On 27 June, the European Commission (EC) fined Google a record €2.4bn for abuse of dominance in online shopping comparison search, paving the way for a raft of damages claims.

Continue reading “Cleary, CC and Covington lead as EC fines Google €2.4bn for online shopping abuse of dominance”