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Law firms missing out on SME work over cost concerns, LSB study finds

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

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inner image A&O, Al Tamimi, Emirates among winners at Middle East legal awards

Al Tamimi & Company and The Emirates Group were among the big winners at the Corporate Counsel Middle East (CCME) Awards last night (16 May). The awards saw Emirates secure the Large Team Legal Department of the Year...

17 May 2013 | 11:08

inner image Green Investment Bank names Pinsents partner as GC

The UK Green Investment Bank (GIB) has hired Pinsent Masons energy finance partner Euan McVicar as its first formal general counsel. Edinburgh-based McVicar, who will join the Government-backed bank in late summer, specialises in the financing and dev...

14 May 2013 | 10:54 | secure

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Glencore Xstrata confirms top legal role as mega-merger completes

The newly merged Glencore Xstrata has named former Glencore general counsel Richard Marshall as its head of legal, following the completion of the $64bn (£41bn) merger of commodities trader Glencore and mining giant Xstrata. A presentation documen...

03 May 2013 | 16:05 | secure

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Aviva kicks off tender for new panels; magic circle duo take top-level roles

Aviva has launched a major review of its external legal advisers that will see the insurance giant create its first group global and UK legal panels. Aviva’s overall head of legal and company secretary Kirsty Cooper (pictured) and Aviva group gen...

03 May 2013 | 00:00 | secure

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Court of Appeal rejects challenge in €52m Commerzbank bonuses case

The Court of Appeal has upheld a €52m (£44m) judgment handed down last year in a case involving 104 Commerzbank employees who argued they had been promised bonuses in 2008. Commerzbank was granted an appeal in November against the €52m award i...

26 Apr 2013 | 13:34 | secure

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CPS begins search for new DPP as Starmer confirms end of tenure

The Crown Prosecution Service (CPS) director of public prosecutions (DPP) Keir Starmer QC is to step down from his role at the end of his five year term in October this year, it was announced today (24 April). The CPS said the search for a replacem...

24 Apr 2013 | 15:38 | secure

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Introduction to ValueDynamics - a new toolkit for General Counsel and Heads of Legal

In this video Q&A, Tim Hamilton, partner at Addleshaw Goddard, discusses the challenges facing in-house lawyers and also the publication of ValueDynamics which offers a new perspective on leadership strategies for all GCs wanting proven ways to transf...

23 Apr 2013 | 16:42 | screening image

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Sidley adds senior investment funds partner in London with Man GC hire

Sidley Austin has hired outgoing Man Group general counsel Stephen Ross to co-head the US firm's London investment funds group. Ross, who was co-head of Clifford Chance's (CC) private funds group before his move to Man in 2004, has been replaced by...

22 Apr 2013 | 15:29 | secure

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Network Rail slashes core panel from 12 firms to five as Dentons wins role

Dentons has won an appointment to Network Rail's legal panel following an adviser review that has seen the rail operator's core external roster cut from 12 law firms to five. Three firms in addition to Dentons have been appointed to cover England a...

19 Apr 2013 | 00:00 | secure

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BHP Billiton turns to Herbert Smith litigator for new legal chief

BHP Billiton has appointed Herbert Smith Freehills (HSF) litigator Geoff Healy as its new head of legal. Healy, who is currently based in the firm's Sydney office will start his new role at the Anglo-Australian mining firm on 3 June, based in BHP's ma...

18 Apr 2013 | 11:33 | secure

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Long-serving CC partner leaves for compliance role at Deutsche Bank

Long-serving Clifford Chance (CC) corporate partner Daniela Weber-Rey has taken a new role as chief governance officer and deputy global head of compliance at Deutsche Bank. Weber-Rey, who has been a partner at CC and legacy Punder Volhard Weber & ...

17 Apr 2013 | 13:48 | secure

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Firms face rates pressure as almost 50% of GCs predict legal spend cuts

Almost half of in-house lawyers expect to see their legal spend fall over the next two years, with many of these anticipating a reduction in spending on external advisers of more than 10%, according to new Legal Week research. A recent survey of mo...

12 Apr 2013 | 00:00 | secure

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SRA approves first accounting firm ABS

The UK's first accounting firm to be officially recognised to operate as an alternative business structure (ABS) has been revealed, reports Legal Week sister title Accountancy Age. Price Bailey, which has three offices in London and bases in Bishop...

10 Apr 2013 | 15:53 | secure

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Major insurer Ageas secures landmark ABS law firm tie-up

Insurance giant Ageas has launched a groundbreaking partnership with personal injury law firm NewLaw Solicitors after completing its conversion to an alternative business structure (ABS). Ageas Law, which starts trading next Monday (8 April), has b...

04 Apr 2013 | 09:50 | secure

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