It was a major coup for White & Case when Linklaters private equity (PE) partners Richard Youle and Ian Bagshaw moved over last year. Now, as widely expected, the US firm is beefing up its PE team around them with an expanded team, featuring newly-qualified lawyers from King & Wood Mallesons SJ Berwin, Hogan Lovells […]
Not only are opportunities to work in-house increasing but remuneration for doing so is too, according to two new surveys out this week. The first by recruitment agency BCL showed a marked increase in both salaries and bonuses in the regions over the last year. Earning potential for in-house lawyers with 10 to 12 years’ […]
In-house legal teams expect to be larger and in control of bigger budgets next year according to new research revealing a 60 per cent rise in headcount in EMEA in-house teams since 2010. According to legal recruitment specialist Laurence Simons, the size of the average legal department in EMEA countries has increased by a third […]
Cuatrecasas Gonçalves Pereira name partner Emilio Cuatrecasas has stepped down as president of the firm, to be replaced by CEO Rafael Fontana. The move is the final step in the firm’s succession plan, initiated in July 2012 when Fontana took over as CEO and assumed the executive powers formerly held by Cuatrecasas (14 September 2012). […]
It has been a week of big-ticket cases in disputes land, with property tycoon Vincent Tchenguiz ending his £200m battle with the Serious Fraud Office in a £3m settlement and Shearman & Sterling’s triumph in the Hague in a decade-long battle for Yukos shareholders against the Russian state, winning damages of $50bn and costs of […]
Eversheds has announced the launch of Pathway: a service for pension schemes wishing to carry out a buy-in or buyout, which was developed in collaboration with global talent, retirement and health solutions business Aon Hewitt. The firm said that Pathway offers a complete solution, including pre-negotiated contract terms with insurers that reduce uncertainty and speed […]
Simon Waller, head of the finance and restructuring group at Eversheds, has commented on news from the Insolvency Service that company liquidations in England and Wales decreased in April and June 2014. Waller said: ‘It is not surprising to see these statistics. A continued low-interest-rate environment, combined with support from lenders, has meant that the […]
DLA Piper has announced that Shane Albright has joined the firm’s corporate and finance practice as a partner in the Silicon Valley office. Albright represents life sciences companies in a range of corporate and financial matters, including corporate partnering transactions, strategic alliances, technology licences and commercial contracts. In addition, he represents companies and investors in […]
The Court of Appeal has threatened to strike out Travers Smith client Sebastian Holdings’ (SHI) appeal against Deutsche Bank unless it pays over $250m to the bank. The Turks & Caicos registered company owes Freshfields Bruckhaus Deringer client Deutsche Bank over £146m after losing an $8bn counterclaim against the bank last year but has not […]
As would-be lawyers around the country wrack their brains for an original answer to the ‘why law?’ question, so graduate recruitment teams are preparing to sift through the deluge of thousands of training contract applications that land on their desks every year. Every year the sift gets harder, as more and more students attain the […]
The date for would-be lawyers to submit their training contract applications is imminent, with most applicants facing a deadline of midnight tomorrow. This year’s applicants are facing a slimmer chance of attaining a training contract than ever. Figures released by the Law Society last year show that the number of training contracts registered in 2011/12 (the […]
Within just a few months of taking the helm at Clifford Chance, managing partner Matthew Layton is making his presence felt. His radical slim-down of the management layer will be watched closely by other magic circle firms. Clifford Chance scraps leadership elections in radical partnership overhaul Clifford Chance to vote on slashing management committee from […]