Stephen Hester has been involved in more rescues and restructures than virtually any other FTSE executive, from Abbey National to British Land and from RBS to RSA. He talks to The Lawyer about the role of the legal adviser in a crisis situation.
What has changed for in-house lawyers 100 days after the Brexit vote?
The billion dollar club is growing. Five years ago just five firms grossed more than $2bn. Now 35 turn over $1bn (soon to be 36 when CMS, Nabarro and Olswang merge), and they are closing the gap fast. Some of their leaders were sitting around the table at The Lawyer’s first-ever Managing Partners’ Dinner.
Acursory glance at the headlines would deter anyone from investing in Ukraine. Those not in the know could be forgiven for believing the country is besieged by the Russian military, tangled in a complex web of red tape and bureaucracy, and plagued by corruption and bribery.
This week marks a first for The Lawyer, in which we are widening our coverage of legal business to the ultimate consumers of legal advice: the board.
Sources close to the CMS Cameron McKenna Nabarro Olswang merger have claimed a US firm is “in the mix” and a deal for a new transatlantic merger could already have been secured.
Enyo Law client the Libya Investment Authority (LIA) has lost its $1.2bn case against Goldman Sachs.
On Monday The Lawyer is launching a new series, View From The Board, in which editor Catrin Griffiths interviews business leaders about their experiences.
The InterLaw Diversity Forum is launching the BAME & Allies Network in order to recognise and support the careers of Black, Asian and minority ethnic lawyers.
White & Case has made up eight London partners in a larger than usual promotions round of 40.
Hogan Lovells is overhauling its Washington DC office space in a bid to encourage collaborative working in a renovation project set to take two years.
Clifford Chance banking co-head Patrick Sarch is set to leave the magic circle firm for White & Case, The Lawyer can reveal.