Shearman & Sterling is considering restructuring its global partnership to move equity partners onto fixed share in a bid to boost the firm’s profit. 4 July: Can Shearman & Sterling recapture its glory days?
Clifford Chance is to reduce its trainee numbers by 20 per cent from September 2018.
K&L Gates has unveiled the two partners who will succeed outgoing global chair and managing partner Peter Kalis, effective from 1 March next year.
US firm Vedder Price has opened its second international office, launching in Singapore this month.
Peter Martyr is an enthusiast. His drive is formidable. The Norton Rose boss took a declining City firm into new territories, pioneering the Commonwealth path for expansion – something that Herbert Smith, Ashurst, DLA Piper and Gowling WLG followed, with varying degrees of success. Following the Australian, Canadian and South African combinations Norton Rose finally did the US merger with Fulbright & Jaworski. However, the American deal has not set a fire under the combined firm; as a defensive move it’s pretty smart, but a bold step forward it wasn’t. Despite being one of the few firms to execute a transatlantic merger, Norton Rose Fulbright has plateaued.
News UK editorial legal director Ben Beabey is set to leave his role at the end of the year amid internal changes at the publisher.
Slater & Gordon is suing Watchstone Group for £50m over its acquisition of Quindell’s professional services arm. 2015: Slater & Gordon under scrutiny as SFO investigates Quindell
Gateley has now spent the majority of the cash that it raised during its flotation after acquiring property consultancy business Hamer Associates for £2.05m.
Freshfields Bruckhaus Deringer has hired Eversheds’ international arbitration head Will Thomas, based in Paris. Thomas will relocate to London to join the magic circle firm and has been a partner at Eversheds since 1999. He has been based in Eversheds’ Paris office since 2001.
Law firms are paying above the required minimum for PII, but is the risk of cyber attack enough to justify the high price tag?
Veteran legal director Kenneth Dibble has seen the Charity Commission through a series of restructures and reorganisations during his 40 years at the organisation.
Norton Rose Fulbright is on the brink of a major step into the unknown, betting the business on global automation. The Lawyer investigates whether it’s a risk worth taking.