Friederike Heine

November 25, 2011 | International Edition

Field Fisher Waterhouse has kicked off a redundancy consultation that could lead to the departure of four lawyers in the firm's public & regulatory group. The consultation, first revealed on rollonfriday.com, began earlier this week (22 November) and is likely to take between three and four weeks.

By Friederike Heine

2 minute read

November 23, 2011 | International Edition

Freshfields Bruckhaus Deringer and Clifford Chance (CC) have taken lead roles on Russian gold and silver mining company Polymetal's $500m (£317m) initial public offering (IPO) on the London Stock Exchange. Polymetal, the world's third-largest silver producer, hopes to join the FTSE 100 index with the move, having recently posted a market capitalisation of approximately $7bn (£4.4bn).

By Friederike Heine

2 minute read

November 23, 2011 | International Edition

SJ Berwin has become the latest firm to post its half-year results, with the City firm seeing fee income remain static over the first six months of the 2011-12 financial year. Revenue for the period stood at £84m - the same as last year, when turnover climbed 9% on the previous year's figure.

By Friederike Heine

2 minute read

November 23, 2011 | International Edition

Ashurst real estate partner Alex Cunliffe has left the firm to take up an in-house role at engineering company Bechtel. Cunliffe, a member of Ashurst's non-contentious construction team in London becomes the 27th partner to leave the firm since May 2010.

By Friederike Heine

2 minute read

November 23, 2011 | International Edition

Linklaters has hired a new global human resources (HR) director following the departure of longstanding HR chief Jill King earlier this year. Chris Lynch, who is joining the magic circle firm from Herbert Smith, will start her new role in February 2011. Her remit will include the development of the firm's people strategy, diversity initatives, and identifying and supporting talent within the firm.

By Friederike Heine

1 minute read

November 22, 2011 | International Edition

Mayer Brown has promoted six London lawyers to its partnership as part of a 39-strong global promotions round. The London promotions, which take the City office to 100 partners, are on par with last year when the transatlantic firm made up six new partners in the City out of a 32-strong round globally.

By Friederike Heine

4 minute read

November 21, 2011 | International Edition

White & Case is set to overhaul its outsourcing arrangements, with the US firm planning to launch a second business process outsourcing (BPO) base in Eastern Europe in 2012. The US firm, which has operated a BPO base in Manila since 2007, is currently considering whether to launch a similar operation in the Czech Republic or Poland.

By Friederike Heine

2 minute read

November 18, 2011 | International Edition

Government proposals to cut £350m from the UK's annual legal aid budget threaten to hinder access to justice, according to a House of Lords Committee report issued yesterday (17 November). The House of Lords Constitution Committee report, issued days before the Legal Aid, Sentencing and Punishment of Offenders Bill is due to enter its second reading in the Lords on Monday (21 November), presents a serious challenge to the bill.

By Friederike Heine

3 minute read

November 18, 2011 | International Edition

Ashurst and SNR Denton have scored advisory roles as Westfield considers developing its third shopping mall in London. Ashurst is advising longstanding client Westfield on negotiations to develop a site in Croydon, South London, which could give the Australian developer its third site in the capital, alongside one in Shepherd's Bush and one in Stratford.

By Friederike Heine

2 minute read

November 17, 2011 | International Edition

Baker & McKenzie has hired Allen & Overy's (A&O's) former finance director Ian Dinwiddie as its global chief financial officer (CFO). Dinwiddie, who succeeds Robert Spencer in the role at Bakers, will take up the post in the New Year when he will become responsible for developing and driving the firm's strategic financial initiatives.

By Friederike Heine

2 minute read