Issues

New breed

A number of law firm leaders have been newly elected recently: Freshfields, Clifford Chance, Travers Smith and Herbies  to name just a few. How big is the scale of their task? Patient to succeed Lilley as Travers’ managing partner in January 2015 David Aitman: Freshfields’ fresh face Incoming CC managing partner vows to slim management […]

money

Big bucks to the fore as Lucas shuns Weil for Kirkland

Is any lawyer worth busting your firm’s compensation structure for? Perhaps one with a reputation for being at the absolute pinnacle of their niche in the market? This is the quandary with which Weil Gotshal & Manges was faced back in 2011, when it hired Linklaters’ partner Stephen Lucas to head its City banking practice. […]

BBC
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BBC litigation head Banno quits for Baker & McKenzie

BBC’s head of litigation Nadia Banno is leaving to join Baker & McKenzie just two years after taking up the head role at the BBC. The lawyer is joining the firm as of counsel after nine years at the BBC where she has taken lead roles in litigation and crisis management. During her time at […]

Money
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Browne Jacobson smashes £50m barrier with 11.5 per cent turnover rise

Browne Jacobson has announced an 11.5 per cent increase in turnover for the 2013/14 financial year, with revenues rising from £45m to £50.2m. It is the fourth year in succession the firm has achieved record results, and the second time in three years with double-digit growth. The firm said growth had come across the board, […]

Speechly

Speechly loses IP and corporate recovery heads as merger vote nears

Speechly Bircham’s head of intellectual property (IP) Alexander Carter-Silk has quit for Brown Rudnick, while its corporate recovery chief Christopher Harlowe has resigned for offshore firm Mourant Ozannes.  The exits come months ahead of a merger vote between Speechly and Charles Russell, which is set for August 2014 (29 April 2014) and follows failed tie-up talks […]

Supreme Court: LLP members are protected by whistle-blowing legislation

Two major rulings from the Supreme Court and Court of Appeal this morning will be enough to keep litigators talking for weeks. LLP members are protected by whistle-blowing legislation, the final court ruled, paving the way for the first whistle-blowing case against a law firm. Former Clyde & Co partner Krista Bates van Winkelhof will […]

Lucas makes a splash with Kirkland move

If 2013/14 was the year of game-changing moves by private equity partners, could this year be the turn of their leveraged finance colleagues? If so, the unexpected news yesterday that Weil Gotshal & Manges banking chief Stephen Lucas has quit for Kirkland & Ellis has kicked off the season with a bang. Regarded as “the […]

No5 Chambers barristers defend in football match-fixing trial

Andrew Baker, Martin Liddiard and David Iles of No5 Chambers are defending in a case that sees three football players from Whitehawk Football Club and two businessmen from Singapore accused of conspiring to alter the results of football matches. The jury at Birmingham Crown Court heard that Chann Sankaran, 33, and Krishna Ganeshan, 43, both from Singapore, came […]

Schoenherr advises VB-Leasing on sale of subsidiaries to Getin Holding

Schoenherr has advised VB-Leasing International (VBLI), the joint venture between Österreichische Volksbanken-AG (ÖVAG) and German VR-Leasing AG, on the sale of VB Leasing Poland and VB Leasing Romania to Polish company Getin Holding SA.  The relevant agreement was executed on 15 May 2014. With the sale, the two companies have achieved another milestone in their […]

Eversheds advises Zound Industries on investment by TeliaSonera

Swedish telecoms operator TeliaSonera has invested in audio fashion house Zound Industries — which was advised by Eversheds’ Swedish office. The partnership means that TeliaSonera will acquire a stake in Zound Industries, enabling the telecoms operator to bundle fashion headphones, audio speakers and device accessories together with their mobile telecommunications. The partnership will give TeliaSonera […]