Lynn Knight, a corporate partner at Shoosmiths, has been crowned Lawyer of the Year at the Solent Deal Awards. The annual awards are run by The Business Magazine and attract entries from banks and private equity houses, business advisers, lawyers and other corporate finance intermediaries from across the Solent region. Knight was recognised for her […]
The Co-operative Bank has launched the process to select its first-ever panel of external legal advisers, following the bank’s split from the Co-operative Group. Currently, the bank shares a legal panel with the Co-operative Group but is launching its own panel following the split. However, the bank’s current mortgage, remortgage and property in possession panels […]
Mishcon de Reya is consulting with partners on plans to remove origination from its criteria for remuneration in its merit-based pay structure. Managing partner Kevin Gold said the review into how its lawyers are paid will help “reward good behaviour” and “stop the overemphasis on originations that leads to a silo mentality”. Gold added Mishcon’s […]
Shanghai-based firm Boss & Young has initiated an international alliance in a bid to seize new opportunities promised by China’s ‘One Belt, One Road’ (OBOR) development strategy. Boss & Young will work together with network International Referral (IR) on the OBOR initiative. It plans to establish referral relationships with one or more leading firms from […]
The Supreme Court has handed down a judgment on the liability of the trustee of property developer Richard Gabriel in his long-running battle with Cheltenham firm BPE Solicitors. Five appellate justices ruled the trustee will not be held personally liable for costs incurred by BPE up to the Court of Appeal (CoA) hearing in 2013, […]
A surge in high-net-worth individuals relocating to Jersey is having a positive effect on the island’s economy. Last year’s significant increase in luxury property sales, which totaled £90m in comparison to the five-year average of £25m, added a welcome £4m to the public purse. It demonstrates confidence in Jersey, both for its economy and as […]
Herbert Smith Freehills (HSF) is closing its office in Abu Dhabi, with its five remaining lawyers relocating to Dubai within the next month. The move takes Dubai’s partner headcount up to eight, as Abu Dhabi’s managing partner Alexander Currie also joins the team. HSF has decided to close the Abu Dhabi base to consolidate the […]
Milbank Tweed Hadley & McCloy has hired Clifford Chance aviation and shipping partner Nick Swinburne as co-head of its London transport and space group. Swinburne will lead the group alongside James Cameron and lead partner Drew Fine. He leaves Clifford Chance after 17 years. Commenting on Swinburne’s appointment Fine said: “Nick’s arrival marks a significant […]
Dentons’ outgoing UK, Middle East and Africa (UKMEA) CEO Matthew Jones is leaving the firm at the end of this week to pursue other interests, it has emerged. The firm made the announcement internally today. Jones stepped down as UKMEA CEO in February (9 February 2015) shortly after helping guide Dentons through its landmark merger […]
Mishcon managing partner Kevin Gold has vetoed the firm joining any further bank panels in a bid to ensure growth of its banking litigation practice. “We act for four or five banks who we can’t sue, but we won’t act for any others and we won’t take a mandate from any of those where it […]
Bristol-headquartered TLT’s turnover increased by 8 per cent from £57.9m to £62.5m in 2014/15, allowing the firm to break through the £60m revenue barrier for the first time. The firm said headcount had increased from 669 to 928 between May 2012 and April 2015, a 39 per cent increase. TLT’s lateral hires during the last […]
Pinsent Masons has announced the hire of Clifford Chance’s Munich IP head Marc Holtorf in continued growth for the firm’s German practice. Holtorf is the sixth lateral hire for Pinsents in Germany since it launched in Munich in 2012 (26 June 2012). Last year the firm hired competition partner Michael Reich and corporate partner Tobias […]