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Alex Newman

Alex Newman

February 17, 2014 | International Edition

K&E, Squire Sanders and Addleshaws among firms on private equity buyout of credit company

Kirkland & Ellis, Squire Sanders and Addleshaw Goddard are among the firms to have taken roles on GTCR's joint acquisition of UK-based consumer credit company Callcredit, from Vitruvian Partners.

By Alex Newman

2 minute read

February 17, 2014 | International Edition

MoFo hires recently departed Reed Smith finance partner Phillip Slater

Reed Smith partner Phillip Slater has joined Morrison & Foerster (MoFo) in London, three weeks after exiting his old firm. Slater, who previously led Reed Smith's acquisition and leveraged finance practice in London, practices across a number of areas, including acquisition finance, leveraged finance and corporate banking.

By Alex Newman

2 minute read

February 17, 2014 | International Edition

Links, 2Birds and DLA strike it lucky as William Hill expands legal panel

Linklaters, Bird & Bird and DLA Piper have all won spots on William Hill's expanded legal panel, Legal Week can reveal. The trio join Ashurst, Pinsent Masons and Addleshaw Goddard, all of which have been re-appointed to the FTSE 100 company's roster of preferred legal counsel.

By Alex Newman

2 minute read

February 14, 2014 | International Edition

Linklaters holds on to former Youle client HgCapital for Manx Telecom IPO

Linklaters has taken the lead role for HgCapital on its disposal of Manx Telecom, the magic circle firm's first deal for the private equity house since the departure of key client relationship partner Richard Youle. Youle left for White & Case with fellow private equity co-head Ian Bagshaw last year, in one of the most eye-catching lateral moves of 2013.

By Alex Newman

2 minute read

February 14, 2014 | International Edition

Global and London revenue up at both Mayer Brown and Covington

Mayer Brown and Covington & Burling have both posted increases in global revenue, becoming the latest US-headquartered firms to post financial figures for the 2013 calendar year.

By Alex Newman

2 minute read

February 13, 2014 | International Edition

Bingham associates who billed 2,700 hours last year eligible for $30k bonus

Bingham McCutchen associates and counsel who worked more than 2,700 billable hours in 2013 will be eligible for 'extraordinary bonuses' of up to $30,000 (£18,100), on top of their basic bonus.

By Alex Newman

2 minute read

February 13, 2014 | International Edition

Reed Smith picks up Travers leveraged finance partner as Phillip Slater steps down

Reed Smith has hired Travers Smith finance partner Ben Davis, as banking partner Phillip Slater has left the firm. Davis, who starts his new role on 18 March, will work with Reed Smith's EMEA and US finance practices, and support the development of the firm's UK and pan-European private equity practice. He joined Travers in 2005, making partner six years later. During his time at the firm he acted for a number of Travers' major private equity clients including Equistone, Exponent and Bridgepoint Advisers.

By Alex Newman

3 minute read

February 12, 2014 | International Edition

Bakers hires City intellectual property partner from McDermott

Baker & McKenzie has hired McDermott Will & Emery intellectual property and life sciences partner Hiroshi Sheraton in London. Sheraton, who trained as a medical chemist before he became a lawyer, practices on all aspects of intellectual property and patent law, with a particular focus on the life sciences sector.

By Alex Newman

2 minute read

February 12, 2014 | International Edition

White & Case sees global PEP rocket while Dentons posts flat US revenue

White & Case grew its global profit per equity partner (PEP) by 10% in the last year to $1.87m (£1.14m), an increase of 27% since 2011. The results, announced by the firm today (12 February) also show global revenue increased 4% to $1.44bn (£875m) in 2013, on the back of 2012 earnings of $1.38bn (£840m). Revenue per lawyer also grew by 4.4% to $760,000 (£461,000).

By Alex Newman

2 minute read

February 12, 2014 | International Edition

King & Spalding launches multi-practice global law firm alliance

King & Spalding (K&S) has entered into an alliance with 15 global law firms to refer work across a range of practice areas, including employee benefits, executive compensation, tax, employment and labour law.

By Alex Newman

2 minute read