Dentons and McKenna Long & Aldridge have called off their merger following delays earlier in the month. Partners at the firm were emailed on Monday to inform them the merger was no longer going ahead, following a week of conference calls led by the management team. Partners have been able to dial in on the […]
The Court of Appeal (CoA) has rejected a landmark appeal by Atkins Thomson for the former chief whip Andrew Mitchell MP, prohibiting him from exceeding his set costs budget of £2,000. In what has been one of the most eagerly-anticipated decisions of the year, the Master of the Rolls Lord Dyson said Mitchell would not […]
Battersea is where it’s at. The Nine Elms redevelopment will house the US and Dutch embassies and a swathe of apartments and shops. As such, any real estate department worth its salt has pitched for the work. Find out which firm has got what on the South London property bonanza. Freshfields, Pinsents and Wragges among […]
Irwin Mitchell has lost six partners and a team of 24 lawyers and support staff after being raided by TLT in Manchester. Consultation is ongoing regarding the exact terms of the departures, which is expected in coming months. The team includes Irwin Mitchell property partner Andrew Bell; employment partner Ed Cotton; corporate partner Jon Close; […]
Plans to demerge Pannone to Slater & Gordon have hit a wall again, with the deal completion date delayed for a third time until today (27 November). The firm appears to be struggling to reach an agreement over how the deal will be structured despite Slater & Gordon breaking its silence over the discussions earlier this […]
Freshfields Bruckhaus Deringer partner Chris Bown is leaving the magic circle firm to join private equity house CVC, a key client of the firm’s corporate group. Bown, who will retire from the firm at the end of the financial year, will join CVC as a senior adviser on 1 May in a part-time role working […]
The Financial Conduct Authority (FCA) will take over the regulation of consumer credit from the Office of Fair Trading (OFT) on 1 April 2014. The FCA has made proposals, in the regulatory fees and levies: policy proposals for 2014–15, in relation to its fees when the FCA’s consumer credit regime comes into effect. Both interim […]
The government has announced that it will cap the cost of payday loans. The level of the cap will be decided by the new regulator, the Financial Conduct Authority (FCA). The new cap will be included in the Banking Reform Bill, which is currently going through Parliament. This marks a change in thinking on the part […]
People may laugh uproariously at the idea of moving to private practice for a better work/life balance. They might cackle harder when they realise that the place in question is a US firm. But it appears that an increasing number of senior in-house counsel are choosing to leave for a less demanding private practice role, […]
By Karen Fletcher Following an employment tribunal’s recent decision that John McCririck did not suffer age discrimination when he was replaced as a TV racing pundit, what steps can employers take to guard against similar claims? John McCririck’s age discrimination case against Channel 4 and IMG Media (the production company behind the Channel 4 racing […]
By Katy Meves The High Court has granted an injunction to keep an employee on garden leave for the whole of his 12-month notice period. The recent decision in JM Finn & Co Ltd v Holliday demonstrates that garden leave clauses can be a very helpful tool for an employer dealing with an employee who […]
International consolidation of the profession was never going to pass without some fallout. Bringing two firm cultures together under a single roof will inevitably cause some upset to someone and result in exits. Indeed, almost all top-tier Australian firms that have combined with a foreign partner in recent years have seen a notable level of […]