A French insurer is taking legal action against Barclays Bank, represented by Freshfields Bruckhaus Deringer, for its role in controversial takeover plans. Last year, a takeover bid by Covéa to acquire reinsurer Scor was aborted, with Covéa having tried to secure funding from Barclays and Rothschild. In a statement, Scor is pursuing civil action against […]
In the past few years, Kirkland & Ellis has recruited heavy-hitters from the likes of Linklaters, Freshfields, Weil Gotshal & Manges and Ropes & Gray. But have their associates followed?
Accountancy giant EY is in talks to acquire Thomson Reuters’ managed legal services business, The Lawyer has learned, in an attempt to further bolster its offering after taking on New Law business Riverview last year. According to sources close to EY, negotiations are taking place between the two companies, with the expectation of reaching a […]
Dentons has nearly doubled the number of lawyers promoted to partner in Europe in 2019, with 25 new partners making the grade. In a specifically UK and Europe round announced today, the firm has made up 11 more partners in the continent compared to 2018, when just 14 were made up. This brings the firm’s […]
A French insurer is taking legal action against Barclays Bank, represented by Freshfields Bruckhaus Deringer, for its role in controversial takeover plans. Last year, a takeover bid by Covéa to acquire reinsurer Scor was aborted, with Covéa having tried to secure funding from Barclays and Rothschild. In a statement, Scor is pursuing civil action against […]
In the past few years, Kirkland & Ellis has recruited heavy-hitters from the likes of Linklaters, Freshfields, Weil Gotshal & Manges and Ropes & Gray. But have their associates followed?
Accountancy giant EY is in talks to acquire Thomson Reuters’ managed legal services business, The Lawyer has learned, in an attempt to further bolster its offering after taking on New Law business Riverview last year. According to sources close to EY, negotiations are taking place between the two companies, with the expectation of reaching a […]
Dentons has nearly doubled the number of lawyers promoted to partner in Europe in 2019, with 25 new partners making the grade. In a specifically UK and Europe round announced today, the firm has made up 11 more partners in the continent compared to 2018, when just 14 were made up. This brings the firm’s […]
Nine more firms have signed up to the Reignite Academy, the initiative that aims to put lawyers who have taken a career break back on the City partnership track. The Academy was founded by Lisa Unwin, Melinda Wallman and Stephanie Dillon and its launch was first revealed by The Lawyer in September 2018, when six […]
Eversheds partners aren’t really in the business of throwing curveballs. This week, partners in the International LLP – that’s everything outside the US – cemented Keith Froud as Lee Ranson’s chief executive successor in an uncontested election. We’d have stopped taking bets on this one years ago, you could see it coming a mile off. […]
The Higher Education sector is in big trouble. As we reported last month, universities are struggling to fill places on their undergraduate courses – not least for law degrees. Many are in financial distress. Tuition fees for home students have been capped at £9,250 since 2017 and are falling well behind what is profitable, but […]
Associate retention is one of the biggest bugbears for law firm leaders, as competitive salaries and the promise of greater opportunities lure rising stars away. Added to this, a firm’s biggest cost is its people, but that didn’t stop Freshfields last year pledging to up its trainee intake from 90 to 100 from 2025. Should […]
Of the UK Top 50 firms, just 16 have no overseas offices, and of the remaining 34, more than half (19) were bigger outside the UK last year. Internationalisation is a hallmark of a Top 50 firm, but for many it is the UK that keeps the investment pipelines pumped. For firms with international offices, […]
The upcoming UK200 has welcomed its sixth employee ownership trust (EOT) member. Altrincham’s Myerson Solicitors joins Yorkshire’s Ison Harrison and the West Midlands’ Talbots Law in embracing employee ownership, having converted from a limited liability partnership (LLP) to a 100 per cent employee-owned company last week. The EOT model allows all employees to take a […]
Greenberg Traurig is leading for Harland & Wolff, the company famous for building the Titanic, as it looks set to appoint administrators. Harland & Wolff posted a notice of intention to appoint an administrator yesterday. Greenberg’s team is led by corporate partner Shashank Krishna, co-vice chair of the restructuring group John Houghton and corporate partner […]
In a bid to expand its intellectual property practice, Addleshaw Goddard is adding five lawyers to its ranks from a specialist City firm. Stobbs’ head of litigation Geoff Steward is joining Addleshaws, along with four lawyers. Steward has worked at Stobbs for nearly six years, and played a key role in developing the firm’s IP […]
Having introduced a firmwide bonus for the first time two years ago, Shoosmiths is now contemplating whether to develop an individual reward scheme for its lawyers. The firmwide bonus, set up in August 2022, recognises all firm employees (excluding partners). It set out to pay staff between 5 to 7 per cent of their basic salary […]
NatWest’s former chief executive officer is stepping into a new role at Mishcon de Reya, well over a year after leaving her post at the bank. Alison Rose joins Mishcon as an adviser following a 23-year long career at NatWest, where she started as managing director for leveraged finance before rising through the ranks in […]
33 Chancery Lane is undergoing a mass operational overhaul and rebrand, hiring its first chief executive, three new barristers and moving premises. The 19-barrister set, led by Kennedy Talbot KC, has hired Outer Temple’s practice director Sam Carter as chief executive and director of clerking to help guide the chambers through its new chapter. Carter […]