DLA Piper, Eversheds and Mayer Brown win spots on ARM’s first panel
DLA Piper, Eversheds and Mayer Brown are among the firms to have won places on ARM Holdings’ inaugural legal panel.
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Poppers ban: Be gay, but don’t have sex
Poppers have never done much for me. A flushed face and pounding heart does not – for me at any rate – enhance the mood. Yet they remain popular amongst gay men – a staple of ‘lifestyle’ shops such as Clone Zone, Bent and Prowler that go by the name ‘aromas’ – along with being […]
Clifford Chance beats Chadbourne to top global project finance rankings
Clifford Chance has overtaken Chadbourne & Parke at the top of the global project finance rankings for 2015. According to research compiled by IJ Global, Clifford Chance worked on 72 transactions last year worth a total of $42bn. This compares to second place White & Case, who jumped four positions with 35 deals worth $40.5bn, […]
Eversheds and CMS: the UK’s most LinkedIn firms
Eversheds, the Crown Prosecution Service and CMS Cameron McKenna are the UK’s most LinkedIn law firms, according to the business networking website. LinkedIn passed 20 million members in the UK this week, with 210,000 legal professionals of one sort or another making up just over 1 per cent of that total. The most-common universities attended […]
Paris bar orders A&O to pay out €65k to dismissed associate
The Paris bar council has ordered Allen & Overy (A&O) to pay €65,000 to a finance associate it dismissed shortly after she returned from maternity leave. Following a hearing in November, bar chairman Pierre-Olivier Sûr ruled that the firm should pay the sum to former finance associate Carine Benamouzig in recompense for her treatment by […]
DAC Beachcroft sees profit jump 11.6 per cent to £34.7m
DAC Beachcroft has seen operating profit jump by 11.6 per cent from £31.1m to £34.7m according to its 2014/15 accounts, despite turnover remaining flat. The firm’s net profit increased by 19.6 per cent, from £25.5m to £30.5m, while the top of equity increased from £439,000 to £468,000. Despite the increase in profit DAC’s turnover remained […]
Wragges and Gowlings secure Weetabix’s global IP work
Wragge Lawrence Graham & Co and Gowlings have struck a deal with Weetabix to advise the company on its global intellectual property (IP) needs.
European moves: 21 January 2016
All the latest partner hires and other appointments within Continental European firms and offices.
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Do institutional clients threaten lawyer independence?
Last night I gave a talk at the Centre for Ethics and Law at University College London. Titled “Do Institutional Clients Threaten Lawyer Independence?” the short answer was a simple “yes”. Professional independence is conventionally considered both a hallmark and bulwark of professional practice, with collective independence – the idea of self-regulation – and individual […]
BLP bounces back as it slashes borrowings to zero
Berwin Leighton Paisner (BLP) paid off a £32m bank loan to end the 2014/15 financial year with £12.5m net cash, its strongest financial position for almost a decade. Cash flow improved by £41.8m between 1 May 2014 and 30 April 2015, according to the firm’s LLP accounts. In 2013/14 BLP had £35.4m in borrowings and […]
Cooley picks up white-collar star Delahunty from SullCrom
US firm Cooley has continued its rapid UK expansion with the hire of Sullivan & Cromwell white collar crime specialist Louise Delahunty.
Revealed: the firms that hire most trainees from their paralegals
Exclusive research by Lawyer 2B has revealed the firms which recruit most heavily from their paralegal pool. Among the large firms which offered a significant number of training contracts to their own paralegals is Trowers & Hamlins, which recruited 40 per cent of its 2015 trainee intake from among its own paralegals. In August, Lawyer 2B […]