Over the last few weeks the attraction of Belfast as a hub for legal services has been underlined in bold. Last month Eversheds announced it is to open an office in Belfast (22 June 2015) while also in June Herbert Smith Freehills launched a 240-lawyer worldwide alternative legal services business (11 June 2015) from its […]
Michelle Heeley, member of No5 Chambers’ crime group, has prosecuted a 50-year-old man who was found guilty of raping an 18-year-old girl in her home. Max Hodge, Fillongley, denied the offences but was found guilty on 22 June after the jury at Birmingham Crown Court were presented with forensic evidence. Judge Richard Bond sentenced him to 11 […]
Allen & Overy has achieved a sixth consecutive year of growth in 2014/15, increasing its global turnover by 4 per cent from £1.23bn to £1.28bn, while average profit per equity partner (PEP) grew by 8 per cent to £1.21m. The financial results were an improvement on the previous year, when the firm posted a 2 […]
Manish Bahl has been appointed partner at Eversheds in the commercial, competition and regulatory practice group, effective as of 1 July 2015. Bahl is a dual Netherlands and UK registered lawyer. He has been working at Eversheds since January 2012. He started his career at CMS Cameron McKenna in London and has practised in the Netherlands […]
Conyers Dill & Pearman has advised Panda Re Ltd. on the issuance of $50m series 2015-1 class A principal at-risk variable rate notes due 9 July 2018 pursuant to its note program. Acording to the firm, this is deal is significant as it represents the introduction of the first cat bond covering Chinese perils. Charles […]
Kirkland & Ellis has recruited Latham & Watkins’ Munich founding partner Jörg Kirchner in a continuation of high-profile partner hires by US firms in Europe. Kirchner is understood to have resigned from Latham although his start date at Kirkland has not yet been confirmed. The move follows Latham’s hire of Clifford Chance corporate partners Oliver […]
RPC is the latest firm to post double digit growth as revenue increased 12 per cent, from £84.1m to £94m, for the 2014/15 financial year. Profit at the firm also increased by 19 per cent for the 2014/15 financial year, from £26m to £31m. RPC had an average of 77 all-equity partners last year meaning […]
Olswang has reported a 7.7 per cent increase in revenue from £117.6m to £126.7m in 2014/15, while its net debt dropped 54.1 per cent from £22m to £10.1m. Olswang’s average profit per equity partner (PEP) remained unchanged compared with the previous year at £490,000, as a result of “an increased investment in IT and knowledge”. […]
What could induce the managing partner of a magic circle firm to take on an in-house role? In the case of Simon Davies, the appeal of a top in-house job at Lloyds Banking Group did the trick. Davies is cutting his term short by a year to take on the newly created role of chief […]
Allen & Overy (A&O) has achieved a sixth consecutive year of growth in 2014/15, increasing its global turnover by 4 per cent from £1.23bn to £1.28bn, while average profit per equity partner (PEP) grew by 8 per cent to £1.21m. The financial results were an improvement on the previous year, when the firm posted a […]
Lloyds Bank has hired ex-Barclays head of legal for corporate banking Joanna Carver as general counsel for commercial banking. Carver left her job at Barclays in March, though it was not clear if she had another role lined up (12 May 2015). Current Lloyds interim general counsel for commercial banking Greg McEneny, who was previously […]
Skadden Arps Slate Meagher & Flom has topped worldwide deal rankings for the first half of 2015, while European and UK leader Freshfields Bruckhaus Deringer is the only magic circle firm to feature in the table. According to data from Thomson Reuters, the value of worldwide announced M&A totalled $1.97tr (£1.26tr) from January 2015 – […]