Finding the right fit: the duo behind Davis Polk’s long-awaited London restructuring launch
With just 12 partners in London, Davis Polk’s approach to recruitment in the capital has been conservative to say the…
Restructuring
Kirkland & Ellis and A&O Shearman advise as Northvolt begins Chapter 11 proceedings
Kirkland & Ellis and A&O Shearman are advising Swedish battery maker Northvolt as it enters Chapter 11 restructuring proceedings, with court…
Restructurings pick up as Davis Polk makes European bow while Plainer moves to DLA
It’s been an active start to the week for restructuring lateral moves in the City, as Sidley co-heads Mark Knight…
‘A new era of stress’: Perspectives from City restructuring partners and what to expect from 2024
Casting a glance back at the year nearly at its end, industries faced challenges from inflationary pressures, soaring interest rates,…
Steadying the ship: what’s next for Ince?
‘Very much business as usual,’ Samantha Palmer replied when asked about Ince & Co’s future following its acquisition by Axiom.…
Sponsored practice area spotlight: Insolvency and restructuring: Combining unique skills to achieve a successful outcome
Insolvency and restructuring proceedings are intricate and complex. Practitioners must be able to combine legal knowledge, in particular in the…
The domino effect – restructuring counsel brace for deluge as Covid-19 means no more business as usual
‘Even two weeks ago no-one predicted such a catastrophic impact from the coronavirus. Things have turned very quickly.’ This City…
The 500 View: Restructuring hires are in vogue but is there enough work for everyone?
Georgina Stanley assesses a City restructuring scene offering rewards for some but a lack of clear direction ‘You can only…
Dentons rejigs US structure in bid to create first ‘truly national’ American dream team
He may have overseen more than 50 law firm combinations over the last decade – 12 since July alone –…
City criminal law firm HJA ushers in sweeping ownership changes amid succession problem
London law firm Hodge Jones & Allen (HJA) has brought in sweeping changes to its ownership model, making it the first…
‘No way a sign of retrenchment’: Ropes axes four partners amid London refocus
In what has been termed by one rival City partner as a ‘night of the long knives’, Ropes & Gray…
‘A difficult time’: Ashurst axes 54 City secretaries following redundancy review
Ashurst has culled more than half of its secretarial staff in London as its redundancy review draws to a ‘difficult’ conclusion.…
Taylor Wessing follows northshore wave with 10-lawyer Liverpool launch
Taylor Wessing is joining the growing list of City firms expanding into low cost centres in the UK by launching an…
Carillion collapse: Global 100 firms take centre stage as construction giant enters liquidation
Freshfields is acting for the official receiver One of the largest UK insolvencies for years, the collapse of construction giant…
Slater and Gordon to close four UK offices amid further upheaval
Capping off a challenging year, Slater and Gordon (S&G) is to close four of its UK offices as it seeks…
Ashurst pulls the plug on ill-fated 2009 move into US finance law with NY restructuring
Five New York-based partners left Ashurst in July for US finance firm Chapman and Cutler, with a sixth partner departing…
Hogan Lovells to shed 90 City jobs as law firms continue to transfer back-office roles to low-cost hubs
Pity the poor business support staff. A week after Pinsent Masons confirmed that it was consulting on cutting 100 non-legal…
100 PA jobs at risk as technology push leads Pinsent Masons to redundancy consultation
With growing pressure on firms to increase efficiency in the delivery of legal services through technology, as many as 100…
Back in-house: Bevan Brittan ends outsourcing agreement to bring 90 admin staff into the firm
LB100 firm Bevan Brittan has brought 90 administrative staff back into the firm, ending its six-year agreement with Intelligent Office…
DLA Piper resolute as it shuts down three minor offices in a month
Senior management discuss closures in non-essential markets Simon Levine, DLA Piper’s global co-chief executive, has said that the firm’s recent…