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Linklaters finance partner Chris Howard is set to leave the magic circle firm to join the London arm of Sullivan & Cromwell. The move, confirmed by the Wall Street firm today (22 May), comes little more than two years after Howard joined Linklaters fr...
22 May 2013 | 18:36
Bevan Brittan becomes latest firm to make layoffs as spending cuts biteBevan Brittan has placed three fee-earners and six support staff at risk of redundancy as law firms across the UK continue to streamline their businesses amid tough market conditions. The trio of associates are all based in Bevan Brittan's commerci...
22 May 2013 | 17:07
Trowers makes seven job cuts as redundancies at top 50 firms continue
Trowers & Hamlins has become the latest law firm to announce job cuts, with seven employees made redundant between March and this week. In total, three secretarial staff and four fee earners have been laid off, with the firm attributing the move to...
22 May 2013 | 13:36
A host of firms including Skadden Arps Slate Meagher & Flom and White & Case have taken roles on the approval of a bankruptcy plan for Central European Distribution Corporation (CEDC), one of the world's largest vodka producers. The plan, which was...
22 May 2013 | 13:19
Orrick Herrington & Sutcliffe, Ropes & Gray and Cleary Gottlieb Steen & Hamilton have lined up to advise on the management buyout of China's largest technology outsourcing company, Pactera Technology International. The $680.3m (£448m) deal is the lat...
22 May 2013 | 04:54
More than half of small businesses are handling their own legal matters amid widespread concerns about the value for money offered by law firms, according to a major Legal Services Board (LSB) research project. The report, compiled in partnership w...
22 May 2013 | 00:04 | 2 comments
The number of training contracts offered at law firms in England and Wales fell 10% in 2011-12 to the lowest level since 1999, according to new research by the Law Society. The society's annual report shows that the number of training contracts reg...
21 May 2013 | 16:59
National firm Browne Jacobson has posted a record high turnover for 2012-13, with revenues rising to £45m, up 9% on last year's total of £41.3m. The firm, which opened two new bases in 2012 in Manchester and Exeter, now has five offices and saw t...
21 May 2013 | 14:22
Clifford Chance (CC) and Latham & Watkins have acted alongside Allen & Gledhill (A&G) and Wong Partnership on the Singapore listing of Asian Pay Television Trust (APTT), the Asian city-state's second biggest IPO this year. The investment vehicle, whic...
21 May 2013 | 05:24
Simpson Thacher & Bartlett and Gunderson Dettmer Stough Villeneuve Franklin & Hachigian have taken lead roles on the $1.1bn (£723m) acquisition of blogging website Tumblr by Yahoo!. Yahoo! confirmed the deal in a statement today (20 May), includin...
20 May 2013 | 17:20
Bird & Bird has sealed a pre-let deal with Great Portland Estates (GPE) to move into new City premises at 12-14 New Fetter Lane from 2016. The firm has agreed a deal to lease all of the 12-storey office development, which covers a total of 142,500 ...
20 May 2013 | 15:11
Kennedys and Farrer & Co have become the latest law firms to address their outsourcing arrangements as firms continue to grapple with the issue of back office costs. Kennedys has signed a three-year deal to outsource library services to Integreon, ...
20 May 2013 | 13:56 | 1 comment
Travers Smith has lost a discrimination case brought against it by a former trainee who claimed she was denied a permanent role at the firm after becoming pregnant during her final seat. Katie Tantum instructed law firm Leigh Day to launch the case...
20 May 2013 | 12:33
King & Spalding has launched a trade and customs practice in the City with the hire of Bird & Bird practice group head Iain MacVay. MacVay, who has more twenty years' experience of international and EU law, joins the US firm's London base today (20...
20 May 2013 | 00:00
Ashurst, Slaughter and May and Hogan Lovells have advised on a deal which will see supermarket chain Morrisons launch an online grocery service with Ocado next year. Ashurst took the lead role for Morrisons on the deal, which includes a sale and le...
20 May 2013 | 00:00
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