Finance
Gouldens advised Peel
Gouldens advised Peel
A HIGH-FLYING Irish solicitor, who once bid over £1 million for a Dublin football club, has been jailed for five years for fraud. A judge in the Circuit Criminal Court in Dublin was told that Elio Malocco was likely to be struck off by the Incorporated Law Society. He has been suspended since 1991, when […]
LAW firm Memery Crystal is pitching for work from professional football clubs in an attempt to expand its portfolio of sports clients. The partnership has already been in contact with several interested teams after displaying its legal skills at an exhibition for football clubs’ commercial managers this month. A spokeswoman says there have already been […]
DENTON Hall corporate lawyer Ian Tully has moved to Milan to join Pirelli’s in-house legal team. Tully, who joined Denton Hall as a trainee in 1990, took advantage of the firm’s international connections, spending time in Brussels and Prague, where he worked with the team setting up a capital markets structure. He believes the international […]
DAC Beachcroft (DACB) has launched its second office in Asia Pacific. DACB will form an association with the newly-created CK Lee & Co, a Hong Kong firm that will ensure DACB’s clients can access legal advice internationally and in Hong Kong. The firm will be led by Kelvin Lee who was previously a partner at […]
Norton Rose Fulbright (NRF) has unveiled a new global leadership structure that could see partners paid significantly more for originating or introducing work regardless of where it is carried out. The firm’s new system, which had been operating on an interim basis since former CEO Gerry Pecht retired from the firm last year, has now […]
Freshfields Bruckhaus Deringer has ditched its German brand heritage as it attempts to transform its image into one that better positions it as a member of the global elite. The firm has reached the end of a rebranding exercise when it mulled whether to drop Bruckhaus and Deringer from its name, nearly 25 years since it […]
Addleshaw Goddard has entered the £100,000 club after hiking City salaries for newly qualified solicitors (NQ) by over 5 per cent. The firm’s rate for junior lawyers in London has increased from £95,000 to £100,000. The last time Addleshws raised its NQ salary was in September 2022, when the firm implemented a 16 per cent […]
Harrods has hired Simkins to represent it in media matters, as allegations involving the store’s late boss Mohamed Al Fayed continue to dominate the headlines. Last week, a wide-ranging BBC documentary was released, Al Fayed: Predator at Harrods, in which more than 20 former female employees alleged the billionaire of the luxury London department store […]
This report contains: a ranking of the top 30 global law firms in Asia-Pacific and California by the number of partners. an analysis of the regional breakdown within California and jurisdictional breakdown within the Asia-Pacific based on lawyer and partner headcount. Interactive dashboards with firm specific data.
This report contains: an overview of the UK corporate market in 2023 and the positive shift in mood among lawyers at top corporate practices ranking of the top 50 City firms based on UK corporate revenue, highlighting those achieving significant growth insight into firms’ strategic plans for its UK corporate group over the next five years
This report contains: A history of the dominance of the magic circle sets an analysis of the two challengers to the magic circle a breakdown of the sets’ activity at the commercial court over the years
This report includes: an analysis of 18 European 100 firms that have seen new managing partners since the start of 2023 a consultant’s top tips for an MP-t0-be an overview of the trends in the European 100 leadership selection
This dashboard: contains an overview of the claims at a selection of courts in the UK. allows you to compare activity at the courts in Q2 2024 against Q2 2023.
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The Brits are back. We don’t mean the annual popular music jamboree at which microphones are dropped, singers’ bums are bared and popstars challenge each other to punch-ups. We mean UK-headquartered firms and their financial fortunes. For years, the contrast with their oppos from across the Atlantic, most of which have been beavering away driving […]
Newly-qualified (NQ) lawyers have seen salary levels soar over the last decade. In 2014, a fresh-faced Clifford Chance lawyer could earn £67,500; that figure reached £150,000 this summer. It is US firms that have inflated the pot with constant base raises that align London and New York operations. But the ripples spread outwards. When Quinn […]
Eversheds partners aren’t really in the business of throwing curveballs. This week, partners in the International LLP – that’s everything outside the US – cemented Keith Froud as Lee Ranson’s chief executive successor in an uncontested election. We’d have stopped taking bets on this one years ago, you could see it coming a mile off. […]
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 […]
Having launched its internal generative AI tool last year, Mishcon de Reya is giving staff more specific training on how to make the most of its £10,000 tech product. The firm, which has over 1,400 staff, including more than 600 qualified lawyers, launched “deReyAI” in October 2023 and says that over 1,000 of its employees […]
Gateley’s chairman Nigel Payne has slammed the firm’s shareholders for not voting to allow virtual annual general meetings (AGMs) to take place. In a statement published on the London Stock Exchange, following the AGM that was held today at 12.30pm, Payne noted his disappointment and frustration that the board’s proposal to allow virtual AGMs was […]
Pinsent Masons is representing its longstanding client Everton FC on its sale to Friedkin Group. Blue Heaven Holdings has agreed to sell its 94 per cent stake in the Merseyside club, subject to approvals. Pinsents is leading for Everton FC, while Northridge is advising the seller and Proskauer Rose is on call for The Friedkin […]
9 Stone Buildings, one of the oldest barristers’ chambers in Lincoln’s Inn, has disintegrated as the remainder of its members depart for other sets. 9 Stone was a traditional and commercial chancery set known for its expertise in corporate and personal insolvency matters, and its client roster included liquidators, creditors and Government bodies such as […]
Plans for a radical overhaul and extension of the Solicitors Regulation Authority’s ability to issue financial penalties has been slammed by the City of London Law Society (CLLS) as “arbitrary and not fit for purpose”. The regulator launched a profession-wide consultation in June in requesting market opinions on a new penalty framework. This came after […]
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