Issues

Former Sullivan & Cromwell partner gains top JP Morgan Chase role

It’s a time of change for JP Morgan Chase’s in-house team this week, as Stacey Friedman is set to take on the role of general counsel in 2016.  She is replacing Steve Cutler, who will step down after 9 years as general counsel to become vice chairman and general counsel for corporate and investment banking. […]

london

Exclusive: KWM completes “partnership review” with equity exits imminent

King & Wood Mallesons (KWM) has reviewed its UK partnership with up to 15 partners to depart the firm with immediate effect. The review to “actively manage the equity” was completed in June. A number of the departing partners have already left with the rest understood to be in the process of leaving over the […]

ropes and gray big

Ropes & Gray sets out 2020 strategy for development

Ropes & Gray has unveiled its firmwide 2020 strategy with an emphasis on developing clients, filling in the gaps and creating links between London, New York and Hong Kong.  The last strategy ran out in 2014 having been put in place in 2009 when Freshfields Bruckhaus Deringer’s Maurice Allen and Mike Goetz were hired to […]

HSF arbitration heavyweight Weiniger QC departs for Linklaters

Herbert Smith Freehills international arbitration expert Matthew Weiniger QC will join Linklaters this autumn, just one year after taking silk. Weiniger spent 21 years at HSF, handling multibillion-dollar claims for clients such as Standard Chartered Bank in its claim over a power plant investment and Eurotunnel in its successful claim against the French and UK […]

Simmons & Simmons

Simmons & Simmons’ turnover grows 8 per cent as PEP jumps to £650,000

Simmons & Simmons has announced its revenue has soared by 8 per cent, from £268.6m to £290.1m, during the 2014/15 financial year. The results echo similar growth during the previous year, when turnover rose 7 per cent from £250.3m to £268.6m (8 July 2014). The firm’s full year results are also consistent with those posted […]

Gateley makes 42 promotions

Gateley Plc has announced 42 promotions, including two to partner.  Gateley’s promotions span its banking and finance, corporate, construction, corporate recovery, employment, residential development, pensions and commerce, technology and media teams. Retail and corporate occupier specialist, James Madill based in the company’s Birmingham office becomes a partner in the real estate team and residential development […]

tokyo

Harneys opens third Asia office in Tokyo

Offshore firm Harneys has launched an office in Tokyo, its third location in Asia. The Tokyo launch comes a year after the firm initiated its Japan practice with several lateral hires. Key appointments include of counsel Junko Shiokawa, who is a native Japanese qualified lawyer (Bengoshi), from Conyers Dill & Pearman’s Hong Kong office (8 […]

money

Eversheds sees profit grow 1.5 per cent as turnover dips

Eversheds has reported a decline in turnover of less than 1 per cent, from £384m to £381m, during the 2014/115 financial year. The stagnant revenue figures follow a year of slow growth during 2013/14, when turnover rose 2 per cent from £376 to £384m (3 July 2014). Despite turnover dropping last year the firm managed […]

Norton Rose Fulbright

Norton Rose Fulbright posts “steady” global revenue of $1.792bn

Norton Rose Fulbright has posted global revenue of $1.792bn (£1.118bn) in its second financial year since the merger of legacy firms Norton Rose and Fulbright & Jaworski. The figure is a 3.2 per cent decline on its 2013/14 turnover of $1.851bn (8 July 2015), though the firm said it had seen 1 per cent growth […]