Akin Gump Strauss Hauer & Feld has continued its takeover of Bingham McCutchen’s $50m revenue London office with the hire of four more partners leaving only two partners representing the beleaguered US firm in the City.
Continue reading “Akin Gump finishes the job and takes four more partners from Bingham”
In a stinging blow to the government’s controversial and widely condemned plans to overhaul criminal legal aid, the High Court ruled on Friday (19 September) that the Lord Chancellor Chris Grayling acted ‘unlawfully’ over his failure to disclose the contents of two key reports during the consultation process.
Linklaters’ Stockholm outpost closed two major deals last week being selected by Microsoft to handle its $2.5bn acquisition of Mojang, which was advised by Mannheimer Swartling, and TDC’s $2.2bn acquisition of Get AS.
Accountancy giant Deloitte has recorded reduced fee income for the top 10 UK law firms in the first quarter of 2014/15, with a 2.7% fall as a result of a 2.1% decrease in fee earner headcount alongside a decline in sterling rates as a consequence of the strong pound.
Scotland voted no to independence yesterday by a wider margin than many had expected, providing certainty to a legal market which has been hampered by the possible large-scale upheaval.
This is the third edition of our new review of the week, which I am now bitterly regretting as we are going to press today on an 80-page report. But I can’t let the kids down, so here’s a recap and a dash of commentary on the interesting legal things that happened in the last five days.
LB 100 firm Watson Farley & Williams has launched its first office in the Middle East with asset finance partner partner Andrew Baird leading the way to establish a base in Dubai.
Top 20 firm Ashurst has made 15 redundancies to its overnight production staff in London nearly halving the City firm’s 34-person team following a consultation process last month.
In a decision that is sure to generate mixed reaction within the market, the Solicitors Regulation Authority approved measures yesterday [17 September] to progress its plans for regulatory reform, and voted to make it easier for multi-disciplinary practices (MDPs) to provide legal services under its regulation.
There are many careers that are worthwhile. All jobs should be important to the people who do them. And all roles have their elements of drudgery, anxiety and exasperation. This is true of being a lawyer as well, so if you think you want to be a lawyer can I offer you anything worthwhile?
Allen & Overy (A&O), Clifford Chance and CMS Cameron McKenna have all landed key roles advising on the administration of high street retailer Phones4u.
They say averages lie, though in my experience not as much as people, but producing an annual report with 2,000 data points as we do with this month’s LB100 means it can be hard even for professional anoraks such as myself to find the nuggets of meaning in the thickets of information.
Bingham McCutchen’s London office, which turned over $52.3m last year, will merge with Akin Gump Strauss Hauer & Feld in a move that will more than double the size of the firm in the City.
Addleshaw Goddard partner Ben Rodham, who joined the firm only 18 months ago, has joined Shearman & Sterling’s fast growing private equity group in London as the US firm eyes more work in the sector.
18th September 2014 – Referendum Day in Scotland on the question of independence from the remainder of what is now the United Kingdom of Great Britain and Northern Ireland.
Berwin Leighton Paisner has parachuted in Bob Charlton to head its Asia group, a role he held at DLA Piper until late last year when a management reshuffle led to his exit.
UK firm Stephenson Harwood has closed its office in Guangzhou as the firm reviews its strategy in China, while Hogan Lovells has continued to bolster its Asia offering with another lateral hire, as Paul Hastings’ Tokyo project finance head Joe Kim joining the firm.
US firm Cadwalader, Wickersham & Taft has made a key hire to its global capital markets practice with Ashurst partner David Quirolo, as the New York-headquartered firm continues its efforts to rebuild its London finance team.
Freshfields Bruckhaus Deringer is continuing to boost its New York M&A practice’s leadership, installing Shearman & Sterling partner Peter Lyons as co-head of its global public M&A group, after hiring Skadden and Wachtell veterans earlier this month to take leading roles.
Continue reading “Freshfields further bulks out US M&A leadership team with Shearman hire”
Global 100 firm Dentons has made a key strategic hire to enhance its offering in Latin America and the Caribbean, appointing the Inter-American Development Bank (IADB) general counsel (GC), Jorge Alers, to be chief executive officer for the region.
