CMS Cameron McKenna and Dundas & Wilson have cut 60 support roles ahead of their £277m merger this week. Dundas has lost 40 support roles and CMS has cut 20 including from its third-party suppliers Integreon, Initial and Xerox (21 March 2014). It is not the first time CMS has put support roles in consultation […]
America has long been a difficult nut to crack for elite UK firms. For much of the past decade, Allen & Overy (A&O) has been on-record saying it would consider a US merger, with recruiters in New York saying the office suffers something of an identity crisis. But an increasing number of UK-based clients are […]
As Davenport Lyons enters administration, The Lawyer relates its final days. The mood at Davenport Lyons is as low as it could be. Staff were told the firm was going into administration last Friday (25 April). That day those offered a job – mostly partners – were called one by one into a meeting with […]
Irwin Mitchell has announced the promotion of 10 lawyers to partner, a slight drop on last year’s record promotions round of 14. The promotions are evenly split between Irwin Mitchell’s business and personal legal services divisions, and come from across the firm’s UK offices. Among the new partners is head of business development Rosemary Thorpe, […]
Merging two firms with different histories, characters and personalities is never going to be easy. That’s a lesson that Speechly Bircham has learned the hard way. Last year’s failed merger talks with fellow private client-focused firm Withers fell flat after just two months of discussions (23 May 2013). Their collapse was partly due to the […]
They’ve been waiting with bated breath but Lloyds Banking Group’s panel firms can finally breathe a sigh of relief – or not. After a year of suspense to rival the best Hitchcock, the bank has finalised its first formal roster for its customer-pay panel. First firms thought they would know by last January, then March. […]
Former Berwin Leighton Paisner (BLP) head of finance Matthew Kellett is leaving the firm to join accountancy and consulting giant EY as it ramps up its investment in the legal sector. Kellett, who will officially join EY in September, will head EY’s legal capability in its financial services sector. Kellett said: “EY are looking to […]
Schoenherr has advised América Móvil (AMX) and its wholly owned subsidiary Carso Telecom in connection with the negotiation and conclusion of a shareholders’ agreement with the Republic of Austria’s state holding company OIAG, regarding their respective participations in Telekom Austria. As a result of an agreement signed on 23 April 2014, the parties will pool […]
Schoenherr is the clients’ law firm of choice in Austria for 2014, according to legal publisher Chambers and Partners’ Client Service Awards. With its Client Service Awards, Chambers honours law firms that have consistently been singled out by clients for the quality and range of their client service. Schoenherr partners Ursula Rath (banking, finance and capital […]
Eversheds has appointed construction and engineering disputes expert James Pickavance as a partner in its litigation and dispute management team. Pickavance joins from Herbert Smith Freehills and specialises in the resolution of disputes through adjudication, domestic and international arbitration, litigation and various other forms of alternative dispute resolution. He has advised on a number of […]
James Batham, partner and head of retail at Eversheds, has commented on the latest retail sales figures from the Office for National Statistics (ONS). The ONS figures that were released show that sales volumes increased by 0.1 per cent from February 2014 to March 2014 and were up 4.2 per cent compared with the previous year. […]
The University of Litigation is set to be run from 28 April to 2 May 2014, with attendees expected from the Bank of New York Mellon, Samsung Electronics (UK), RBS Legal, Lloyds Banking Group, GE Money Home Lending, Bank Pekao, Bank Austria and AXA Investment Managers. Allen & Overy attendees will travel from Perth, Hong […]