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Private equity house takes majority Parabis stake in law firm LBO first
Private equity house Duke Street has acquired a majority stake in the Parabis Group, the parent company of insurance litigation law firms Plexus Law and Cogent Law. The deal, which values Parabis between £150m and £200m, is subject to approval fr...
06 Feb 2012 | 09:40 | 1 comment
Aviva names four firms on catastrophic loss panel as AMP confirms new Asia roster
Herbert Smith has been selected by Aviva as one of four firms to sit on its UK catastrophic loss panel, with the appointment coming as Australian wealth manager AMP has finalised its new Asia legal roster following its merger with AXA Asia-Pacific. ...
03 Feb 2012 | 00:00
Clydes ramps up expansion plans with Beijing and Australia launches targeted
Clyde & Co has added Beijing, Australia and Mexico to its list of international targets, as the insurance leader ploughs ahead with plans to expand in the US. The firm is currently weighing up office launches in Beijing and Australia in a bid to ta...
03 Feb 2012 | 00:00
Aviva appoints Clydes and CMS to new reinsurance legal panel
Clyde & Co and CMS Cameron McKenna have won appointments on Aviva’s new reinsurance panel, put together after the insurance giant’s former exclusive adviser Barlow Lyde & Gilbert merged with Clydes in November last year. Clydes and Camerons wer...
27 Jan 2012 | 00:00
Freshfields leads on Aon HQ relocation
Freshfields Bruckhaus Deringer has taken a lead role for global insurance broker Aon on the relocation of its head office from Chicago to London. Financial institutions partner James Smethurst and corporate head Julian Long led the Freshfields team...
27 Jan 2012 | 00:00
Freshfields and Links lead on PFI monoline swap-out
Freshfields Bruckhaus Deringer and Linklaters have taken lead roles on the first private finance initiative (PFI) monoline insurance company replacement since the start of the global financial crisis. The deal has seen Ambac Assurance UK – the gu...
20 Jan 2012 | 00:00
Insuring success - the overhaul of Switzerland's Insurance Contract Act
With more money spent per head on insurance premiums in Switzerland than any other country, the first overhaul of Switzerland’s Insurance Contract Act in 100 years is causing much discussion, say Christian Lang and Zsuzsanna Kunszt
13 Jan 2012 | 00:00 | 
RPC opens up new Bristol base with hire of 28-strong CMS team
Reynolds Porter Chamberlain (RPC) has officially opened its new Bristol office today (3 January) with the hire of a 28-strong team from CMS Cameron McKenna. The CMS team comprises seven partners - one of who is joining RPC as a legal director - 11 ...
03 Jan 2012 | 11:07 |
| 1 comment
DAC Beachcroft announces first combined half-year financials
DAC Beachcroft has reported a 10% increase in turnover for the first half of the financial year, following the recent merger deal which created the new firm. The newly-formed firm has announced combined fee income of £88.2m for the six-month perio...
05 Dec 2011 | 10:16 |
| 1 comment
Solicitors' professional indemnity insurance sees 20% rise
The total amount of compulsory professional indemnity insurance (PII) payments by solicitors has risen by 20% this year, according to new figures from the Solicitors Regulation Authority (SRA) The cost of the compulsory layer of PII for the 10,917 ...
11 Nov 2011 | 12:42 |
DAC Beachcroft makes up duo to partnership and adds Pinsents lateral
DAC Beachcroft has bolstered the partnership ranks at the newly-merged firm with two internal promotions and a lateral hire from Pinsent Masons. The firm - formed by the merger of Beachcroft and Davies Arnold Cooper (DAC) earlier this week (31 Octo...
03 Nov 2011 | 16:25 |
DAC Beachcroft names practice heads as merged firm goes live
DAC Beachcroft has announced its line-up of sector and practice group heads as the newly-merged law firm goes live today (31 October). Legacy Beachcroft partners have received the bulk of the management roles, with just two of the 13 positions take...
31 Oct 2011 | 10:52 |
RPC set to make international debut in Singapore with hire of Barlows partner
Reynolds Porter Chamberlain (RPC) is set to launch its first-ever international office in Singapore with the hire of a partner from Barlow 
Lyde & Gilbert. The firm’s new Singapore arm is set to go live on 
1 November this year, with Barlowsâ...
27 Oct 2011 | 00:00 |
| 3 comments
Clydes confirms details of Zimbabwe and Singapore alliance deals
Clyde & Co has expanded its international presence with two new alliances in Zimbabwe and Singapore. The firm set up a best friends relationship with Zimbabwe's Scanlen and Holderness in May this year, while at the same time establishing an associa...
24 Oct 2011 | 15:45 |
Giant - will size make Clydes and Barlows the future of insurance law?
The beginning of the end of 170 years of legal history happened on 15 March 2011, the day Barlow Lyde & Gilbert’s highly-rated aviation team handed in its notice to move to Holman Fenwick Willan. Until that point, Barlows had looked as if it was ...
20 Oct 2011 | 00:00 |
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