The Serious Fraud Office (SFO) has requested an urgent cash injection of £26.5m – 75 per cent above its core budget – in order to pursue its high-profile fraud investigations and pay out compensation to the Tchenguiz brothers. The agency has requested the “blockbuster funding” in order to continue its investigations into Libor riggings, alleged […]
Baker & McKenzie has bolstered its Melbourne office with the addition of a partner from Australian firm Corrs Chambers Westgarth. Corporate lawyer Peter Ickeringill, who was previously Asia Pacific general counsel of the Daily Mail and General Trust Group, has been a partner at Corrs since 2007. He is the latest is a series of […]
Clifford Chance has re-elected senior partner Malcolm Sweeting for a second term following an uncontested election, handing him another four years in the top role. Sweeting was first elected in November 2010 and started his four-year term the following January, having beaten tax partner Jonathan Elman and German corporate partner Daniela Weber-Rey to the role […]
Pinsent Masons managing partner David Ryan has decided not to seek re-election at the end of his current term in April 2015. There has not been a contested managing partner election at the firm since Ryan first took on the role in 1999. A statement released by the firm said that Ryan would remain heavily […]
I didn’t get to hear the drum thing. It’s the owner’s special party trick; a little percussion medley, using the pots and pans in the galley kitchen, whilst customers perched on their barstools drink shots. Obviously the very thought of having that sort of display going on in front of me brings me out in […]
In his 14 years at the helm of Weil Gotshal & Manges’ London office, Mike Francies has overseen a wealth of change, watching the office transform from a private equity and structured finance focused outfit into a broader beast. But, it’s a fair bet that 2014 has been a particularly challenging one for the managing […]
The explosive $1.6bn oil row between Excalibur Ventures and Texas and Gulf Keystone took a new turn yesterday (23 October) when the High Court ruled the third-party funders backing the case were liable for indemnity costs. A raft of nine funding bodies who put up money for the failed claim brought by Clifford Chance client […]
Acquisitive Hull-headquartered personal injury firm Neil Hudgell Solicitors has today acquired Rapid Solicitors to form a £20m personal injury (PI) business. Neil Hudgell has taken on Rapid’s entire caseload, 120 members of staff and three offices as a result of the deal. All of these will be retained although there is the potential for back […]
Wragge Lawrence Graham & Co has advised longstanding client Euroclear on its agreement with the US’s Depository Trust & Clearing Corporation (DTCC) to develop a joint collateral processing service. The joint venture will help develop and streamline margin settlement processes and enhance access to securities collateral worldwide, improving the stability of financial markets. Wragge Lawrence […]
A huge thanks to everyone who made it down to The Lawyer Management Conference yesterday, which focused on all things disaggregated. It was simply a cracking day, with some of the market’s leading thinkers and trailblazers providing practical and indispensable insights into the future of the legal market. Baker & Mckenzie’s London managing partner Paul […]
Gerry Bermingham, a criminal law barrister from No5 Chambers, has appeared on BBC Hereford & Worcester to discuss the Oscar Pistorius sentencing. Howard Bentham, co-presenter of the Howard and Toni at Breakfast show, asked about the differences between legal systems in different countries; what the equivalent of his sentence is in an English court; and whether […]