What do you want from me?
Why are partners angry when they are sacked? Because they are confused about changing expectations
Do you need to be a great lawyer to be a successful GC?
Is keeping up with the law essential to the GC role?
Nabarro leads on GSK £37m CMA fine over anti-competitive deals
Nabarro has advised GlaxoSmithKline (GSK) on a £37m fine imposed by the competition regulator over allegations it illegally stifled the launch of a cheap rival drug.
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The price is right: how UK firms can steal a march on the Americans
The Centre for Policy Studies’ ‘The Price of Law’ report caused a minor flurry a few days ago, identifying magic circle partner rates at £775 to £850 per hour, rising to over £1,000 in some circumstances – notably Freshfields’ controversial bill to Eurostar on the Government’s sale of its £757m stake. It’s as if the […]
Ashurst and MacRoberts lead on i newspaper sale
Ashurst and MacRoberts have won lead roles on the sale of certain assets of the i newspaper to Johnston Press for £24m. Partner Karen Davies is leading the Ashurst team for buyer Johnston Press and she was supported by corporate finance associate Claire Broom. Edinburgh-based Johnston Press has long turned to Ashurst for advice, as […]
Blank Rome benefits as Dickstein Shapiro shuts up shop after 65 years
Dickstein Shapiro has closed in Washington DC and New York with almost all of its 100-plus lawyers moving to Blank Rome. Blank Rome will now have more than 620 lawyers spread across the US, with the acquisition of Dickstein Shapiro expected to triple the size of its Washington DC office. More than 90 lawyers will join in the […]
Half of all North West trainees paid less than recommended Law Soc minimum salary
Half of all trainees in the North West are paid below the Law Society’s recommended minimum salary, new research by the recruitment agency Douglas Scott claims. The SRA previously set a minimum salary requirement, but this was abolished as of August 2014, to outcry from junior lawyers. Last February Lawyer 2B reported that trainees are taking second […]
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Clifford Chance’s Layton: Europe is our top priority
Clifford Chance partners were not voting for the status quo when they elected Matthew Layton. In fact his election to the top job demonstrated an appetite for a shakeup of the old ways rarely seen among magic circle partnerships or leadership contests.
Fried Frank targets new City office to house doubling in lawyer numbers
Fried Frank Harris Shriver & Jacobson is planning to move from its current London office near Old St to a site adjacent to the Bank of England as its expansion drive in the UK continues. The move is a statement of intent as the US firm looks to continue the significant growth it has seen […]
Bates Wells and Bevan Brittan win first advisory roles for SSRO
Bates Wells Braithwaite (BWB) and Bevan Brittan have been appointed as the lead firms for the Single Source Regulations Office (SSRO) after a three-month tender process.
EY builds tech practice with Wragges partner hire
EY has boosted its tech and fintech practice after hiring Wragge Lawrence Graham & Co co-chair of technology Richard Goold as a partner within its legal services business. Goold has worked in tech and fintech markets for over 10 years and has advised companies and investors across Europe and the US. Before leading Wragges’ technology […]
Project finance: it’s not all doom and gloom
The fall in commodity prices made 2015 another challenging year for financing projects but despite the much-publicised negative outlook, deals are still being brought to market, with both greenfield and brownfield developments securing finance for longer term investments. In the mining industry falling commodity prices have seen many deals suspended, restructured or included in sale […]