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Clydesdale and Yorkshire Banks halve combined national legal panel

Clydesdale and Yorkshire Banks have cut their national legal panel by more than half, with Norton Rose Fulbright, Eversheds and Brodies all losing spots on the roster.

29 Jul 2014 | 15:51 | secure


inner image Fieldfisher appoints new head of privacy to replace Ustaran

Fieldfisher has recruited a new head of privacy to replace former postholder Eduardo Ustaran.

29 Jul 2014 | 12:41 | secure

inner image Reed Smith MP Thomas shakes up senior management following June election

Reed Smith global managing partner Sandy Thomas has shaken up the firm's senior management team, his first major move since being re-appointed to the chief role last month.

29 Jul 2014 | 09:49 | secure

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Ashurst to run Adelaide office with no partners

Ashurst is to run its Adelaide office without any partners in response to ailing market conditions in South Australia.

29 Jul 2014 | 08:25 | secure

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Ex-Travers partner signs first deals for clients since Reed Smith move

Reed Smith's London office has completed its first deals for new clients BlueBay Asset Management and Intermediate Capital Group (ICG), following the hire of leveraged finance partner Ben Davis from Travers Smith.

29 Jul 2014 | 00:51 | secure

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DWF to take account of non-billable work in new appraisal model

DWF is rolling out a new framework for appraisals to allow fee earners to log non-billable hours in a bid to improve consistency of performance among its lawyers.

29 Jul 2014 | 00:11 | secure

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'We'll never act for Gazprom now' - Yukos lawyer Emmanuel Gaillard on taking on and defeating Russia

On the face of it, when Shearman & Sterling's Emmanuel Gaillard was approached by the majority shareholders of the Yukos oil company in 2004, he faced a tough decision.

29 Jul 2014 | 00:05

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CMS spring retention rate drops to 67% following influx of trainees after Dundas tie-up

CMS Cameron McKenna has nearly doubled the size of its August qualifying trainee intake following its merger with Dundas & Wilson earlier this year, but has seen a significant drop in retention rates for newly qualified (NQ) lawyers.

28 Jul 2014 | 15:11 | secure

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Shearman defeats Cleary and Baker Botts in $50bn Yukos arbitration

Shearman & Sterling has successfully acted for former shareholders of the Yukos oil company in the largest arbitration award in history.

28 Jul 2014 | 11:53 | secure

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Raft of firms tune in for BSkyB's acquisition of Sky Italia and Sky Deutschland

Allen & Overy (A&O), Herbert Smith Freehills, Linklaters and Clifford Chance (CC) are among the firms taking roles on BSkyB's acquisition of Sky Italia and a 57% stake in Sky Deutschland from 21st Century Fox.

28 Jul 2014 | 00:24 | secure

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Pre-merger PEP at Lawrence Graham grew 64% in 2013-14

Profit per equity partner (PEP) rose by 63.8% at legacy Lawrence Graham in the firm's 2013-14 financial results, prior to the merger with Wragges & Co which went live on 1 May this year.

25 Jul 2014 | 11:44 | secure

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Three Crowns wins spot as sole arbitrator on BP niche panel

BP has appointed Three Crowns, the boutique firm launched earlier this year by six prominent arbitrators, as the sole provider of arbitration services on its niche legal panel of UK advisors.

25 Jul 2014 | 11:14 | secure

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Barclays turns to SullCrom, WilmerHale and Boies Schiller for dark pool probe

Barclays has instructed US law firm trio Sullivan & Cromwell, Boies Schiller & Flexner and WilmerHale to defend it from a New York lawsuit alleging the bank misled investors about its high frequency trading operations.

25 Jul 2014 | 10:34 | secure

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Allen & Overy, Latham advise on Iceland Foods £950m bond issue

Allen & Overy (A&O) and Latham & Watkins have acted on a £950m high yield bond issue by frozen food retailer Iceland Foods.

25 Jul 2014 | 00:16 | secure

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Clifford Chance to trim management committee and introduce new regional and practice leader roles

Clifford Chance (CC) is to shrink its management committee from 16 members to 12, with the firm set to put a number of its regional head positions up for reappointment and introduce a new Continental European managing partner role.

24 Jul 2014 | 15:29 | secure




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