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LAW FIRMS
A&O partner Asher parachuted in to lead Co-op rescue as new GC
Allen & Overy (A&O) global financial institutions head Alistair Asher is joining the Co-op as its new group general counsel as the troubled mutual sets out a £1.5bn rescue plan for its banking arm. Asher, who has spent more than 34 years at A&O, i...
18 Jun 2013 | 11:52
DLA strikes deal with Mills & Reeve to take defendant insurance group
DLA Piper has sold off the remainder of its defendant insurance team after Mills & Reeve struck a deal to take the nine-strong Birmingham-based practice. The team, which is made up of partner Alan Jacobs, associate Felicity Ho, solicitor Jagjit Virdi,...
18 Jun 2013 | 10:49
CMS network turns to German arm for new executive director
CMS has appointed a new executive director to lead the network's executive committee alongside executive chairman Cornelius Brandi. Matthias Lichtblau, who is currently the business development and communications director at CMS Germany, will take ove...
18 Jun 2013 | 10:32
Taylor Wessing reviews 96 City secretary jobs with 26 set to go
Taylor Wessing is set to lay off 26 London secretaries in a review of its London secretarial support team. The cuts, first reported by RollOnFriday, will come in the firm's City base, where it has 96 secretaries.
18 Jun 2013 | 10:32
Hogan Lovells turns to Herbert Smith for key tax hire
Hogan Lovells hired Rupert Shiers as head of its direct tax disputes practice. Shiers, who will start at Hogan Lovells on Monday 24 June, is top ranked in the UK by Chambers and Partners and joins the firm from Herbert Smith Freehills. Shiers has led ...
17 Jun 2013 | 14:39
Budget gym chain acquisition hands roles to law firm trio
Hogan Lovells and Eversheds are among the firms that have landed key roles on an acquisition that has seen buyout house Phoenix Equity partners buy a majority stake in a low-cost gym operator. Phoenix, which also owns stakes in restaurant chain Busab...
17 Jun 2013 | 14:26
International expansion sees Osborne Clarke grow revenues 14%
Osborne Clarke has posted a 14% hike in revenues to £112m for 2012-13 following a year of investment in its international network. After registering income of £98m in 2011-12, the firm added £14m of revenue over the course of a year in which it ope...
17 Jun 2013 | 12:30
Field Fisher's Abell joins Bird & Bird in new role after exit wrangle
Former Field Fisher Waterhouse franchising lawyer Mark Abell has joined Bird & Bird in a newly created position, after a protracted dispute with his former firm over his move. Abell quit his former firm in February this year and was suspended from ...
17 Jun 2013 | 12:04
A&O leads on Co-op Bank's £1.5bn restructuring plan and listing
Allen & Overy (A&O) has taken the headline advisory role on the Co-operative Group's £1.5bn debt restructuring rescue deal for its banking arm, ahead of a listing on the London Stock Exchange. The group today (17 June) announced a plan for its bon...
17 Jun 2013 | 11:59
Ex-Freshfields senior partner Salz knighted in birthday honours list
Former Freshfields Bruckhaus Deringer senior partner Anthony Salz has been awarded a knighthood in the Queen's Birthday Honours. Salz, who retired from Freshfields in March 2006 after 30 years at the magic circle firm, has been knighted for volunta...
17 Jun 2013 | 09:52
SJ Berwin sees turnover inch up 2.5% with PEP expected to fall
SJ Berwin has posted 2.5% revenue growth for 2012-13, with profits per equity partner (PEP) set to fall by around 10%. The UK top 20 firm has announced unaudited turnover of £184.6m for the last financial year, up on the £180.1m took in during 20...
17 Jun 2013 | 00:00
Pinsents posts £309m turnover as McGrigors merger drives 40% growth
Pinsent Masons has announced turnover of £309m for 2012-13, representing combined growth of 5% in its first year of trading since its merger with McGrigors last May. The two firms last year posted a combined figure of £294m, of which legacy Pinse...
17 Jun 2013 | 00:00 | 3 comments
Legal Department of the Year (Small Team): China State Construction Engineering
China State Construction Engineering's (CSCE's) team of five in-house lawyers serve the legal needs of almost 5,000 staff at the real estate and construction giant, working across eight countries. To do this successfully requires ingenuity and resourc...
14 Jun 2013 | 00:00
Achievement Award: Angel Wesley
Al Dhabi Investment general counsel and corporate secretary Angel Wesley received the Corporate Counsel Middle East Group (CCME) Achievement Award for her work on forming Abu Dhabi-based charity Labor of Love UAE. The initiative was founded in 2011...
14 Jun 2013 | 00:00
Legal Counsel of the Year: Wafa Derouiche
According to the judging panel, Wafa Derouiche "exhibits true leadership and initiative". She is regional and compliance counsel for the Middle East and Africa at engineering giant Pentair. And although she is sole legal counsel for the region, she ha...
14 Jun 2013 | 00:00
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