A corporate partner in Reed Smith‘s life sciences group has switched back to an in-house role, over a year after joining the firm’s London office. Partner Iqbal Hussain is joining newly-created company Centessa Pharmaceuticals as its general counsel. The business was founded by Medicxi and recently raised $250m in a Series A financing led by […]
The Metropolitan Police Service has assembled its new £65m panel, a year and a half after the review kicked off. Though the Met initially said it was looking for up to 15 firms, nine have scored a place including new appointments DAC Beachcroft, DWF and Blake Morgan. The other firms are: Capsticks, Gowling WLG, Michelmores, […]
The head of Weil Gotshal & Manges’ City restructuring practice is leaving the firm for Dechert. London partner Adam Plainer is departing after a decade. Plainer joined Weil from Jones Day in 2010. At the time, he had been given the remit of building up the practice when it comes to work across distressed M&A and […]
Sainsbury’s has reached a confidential settlement with Mastercard which puts an end to the long-running interchange litigation between the two parties. The withdrawal of Sainsbury’s’ claim was confirmed by the Competition Appeal Tribunal (CAT) on Friday, stating that an agreement between the parties was reached on 16 July. No further details of the settlement were […]
A corporate partner in Reed Smith‘s life sciences group has switched back to an in-house role, over a year after joining the firm’s London office. Partner Iqbal Hussain is joining newly-created company Centessa Pharmaceuticals as its general counsel. The business was founded by Medicxi and recently raised $250m in a Series A financing led by […]
The Metropolitan Police Service has assembled its new £65m panel, a year and a half after the review kicked off. Though the Met initially said it was looking for up to 15 firms, nine have scored a place including new appointments DAC Beachcroft, DWF and Blake Morgan. The other firms are: Capsticks, Gowling WLG, Michelmores, […]
The head of Weil Gotshal & Manges’ City restructuring practice is leaving the firm for Dechert. London partner Adam Plainer is departing after a decade. Plainer joined Weil from Jones Day in 2010. At the time, he had been given the remit of building up the practice when it comes to work across distressed M&A and […]
Sainsbury’s has reached a confidential settlement with Mastercard which puts an end to the long-running interchange litigation between the two parties. The withdrawal of Sainsbury’s’ claim was confirmed by the Competition Appeal Tribunal (CAT) on Friday, stating that an agreement between the parties was reached on 16 July. No further details of the settlement were […]
With such varied and prolific discussions around adopting tech in law, it can be difficult to understand how and where it fits into existing teams. Financial services companies are under great pressure to drive efficiencies and innovate but it’s not always clear as to how they can do this. This session explores the opportunities that tech and innovation can bring to legal teams through inspiring examples and real-life experiences shared by the panel.
The Higher Education sector is in big trouble. As we reported last month, universities are struggling to fill places on their undergraduate courses – not least for law degrees. Many are in financial distress. Tuition fees for home students have been capped at £9,250 since 2017 and are falling well behind what is profitable, but […]
Associate retention is one of the biggest bugbears for law firm leaders, as competitive salaries and the promise of greater opportunities lure rising stars away. Added to this, a firm’s biggest cost is its people, but that didn’t stop Freshfields last year pledging to up its trainee intake from 90 to 100 from 2025. Should […]
Of the UK Top 50 firms, just 16 have no overseas offices, and of the remaining 34, more than half (19) were bigger outside the UK last year. Internationalisation is a hallmark of a Top 50 firm, but for many it is the UK that keeps the investment pipelines pumped. For firms with international offices, […]
The upcoming UK200 has welcomed its sixth employee ownership trust (EOT) member. Altrincham’s Myerson Solicitors joins Yorkshire’s Ison Harrison and the West Midlands’ Talbots Law in embracing employee ownership, having converted from a limited liability partnership (LLP) to a 100 per cent employee-owned company last week. The EOT model allows all employees to take a […]
Over the last decade, the UK’s Top 50 firms have trialled a variety of tactics to satisfy an incessant demand for revenue growth. Consolidation has been a feature of the decade, with ‘critical mass’ becoming a key term used by managing partners as they push forward their growth agendas. Internationalisation too is a hallmark of […]
NatWest’s former chief executive officer is stepping into a new role at Mishcon de Reya, well over a year after leaving her post at the bank. Alison Rose joins Mishcon as an adviser following a 23-year long career at NatWest, where she started as managing director for leveraged finance before rising through the ranks in […]
33 Chancery Lane is undergoing a mass operational overhaul and rebrand, hiring its first chief executive, three new barristers and moving premises. The 19-barrister set, led by Kennedy Talbot KC, has hired Outer Temple’s practice director Sam Carter as chief executive and director of clerking to help guide the chambers through its new chapter. Carter […]
Eversheds Sutherland has anointed its next co-CEOs for the international and US sides of the business, as Lee Ranson and Mark Wasserman prepare to step down. Eversheds Sutherland partners have decided that managing partner Keith Froud will take the reins from Ranson, while Austin-based global energy co-head Lino Mendiola will replace Wasserman in the US. […]
Kennedys has appointed its first chief knowledge officer, who has moved across to the UK insurance firm from US powerhouse Paul Hastings. Having previously developed Paul Hastings knowledge management strategy at a global level, Catherine Goodman will now be in charge of heading Kennedys knowledge strategy. Goodman was director of innovation and knowledge management at […]
A solicitor has been fined by the Solicitors Disciplinary Tribunal (SDT) after appearing on an antisemitic TV show that “took the form of a wide-ranging attack” upon Mishcon de Reya. Mohammed Akunjee, who has over 30,000 followers on X, has been fined £6,500 and ordered to pay £30,000 in costs after appearing in a TV […]