Friederike Heine

July 13, 2011 | International Edition

Simpson Thacher & Bartlett's London office has picked up a first-time role for EQT Partners, advising on the formation of a €3.5bn (£3.1bn) fundraising. The deal saw partner Jason Glover – who was hired from Clifford Chance to launch Simpson Thacher's London funds team – instructed by the Swedish private equity group to advise on the creation of its sixth fund.

By Friederike Heine

2 minute read

July 13, 2011 | International Edition

News International's longstanding legal manager Tom Crone has left the company as the ongoing phone hacking scandal continues to escalate. Crone spent more than 20 years with News International, providing legal advice on editorial matters at both The Sun and the News of the World (NoW), which published its final issue last weekend (10 July) after being closed down after 168-years in response to the scandal.

By Friederike Heine

3 minute read

July 12, 2011 | International Edition

Reed Smith has launched a presence in Shanghai with the hire of corporate partner Jay Yan, the former regional managing partner for US firm Dorsey & Whitney. Reed Smith, which already has two Asian bases in Hong Kong and Beijing, will launch in Shanghai with immediate effect, having recently received a licence to open on the ground.

By Friederike Heine

2 minute read

July 12, 2011 | International Edition

Linklaters banking partner John Tucker has stepped down from his role as global head of finance and projects, with global capital markets chief Jim Rice replacing him in the role. The new appointment, which will take effect immediately, will see Rice take up a four-year term as head of finance and projects alongside his role as capital markets head. Tucker will now return to full-time client work.

By Friederike Heine

2 minute read

July 12, 2011 | International Edition

Hunton & Williams has made nine job cuts in London, following a raft of partner exits which have seen lawyer headcount in the US firm's City base shrink by over 60% in just three months. The redundancies, which comprise one of counsel, two associates and six secretarial and support staff, come after five energy and corporate partners left for rival US firms earlier this year following a strategic refocusing in the office.

By Friederike Heine

2 minute read

July 11, 2011 | International Edition

Morgan Lewis & Bockius has strengthened its London energy transactions practice with the hire of projects partner Martin Stewart-Smith from Simmons & Simmons. Stewart-Smith, who was a partner in the energy and project finance practice at Simmons, is due to join the US firm's City arm on 1 September once he has served his notice period.

By Friederike Heine

2 minute read

July 07, 2011 | International Edition

Ashurst has unveiled a single-digit rise in revenues and profits, with profits per equity partner (PEP) at the City firm climbing to £723,000.The firm's turnover for the 2010-11 financial year stood at £303m, an increase of 3.4% from last year's figure of £293m.

By Friederike Heine

2 minute read

July 06, 2011 | International Edition

Greenberg Traurig Maher (GTM) is set to invest primarily in transactional corporate work with a focus on the energy sector, pulling away from further expansion in other areas. The policy marks a shift for the US-based law firm, which has been one of the most active lateral hirers in the City since launching in summer 2009, bringing in 12 partners in 2010 and 15 in 2009.

By Friederike Heine

2 minute read

July 06, 2011 | International Edition

Bird & Bird, Wragge & Co and Taylor Wessing are among five firms to have been added to Santander's own-account panel in the UK following a three-month competitive tender process. Santander turned to online procurement company Aquanima to handle the first review of its merged UK panel since 2009, which covers the legacy Abbey, Alliance & Leicester and Bradford & Bingley brands.

By Friederike Heine

3 minute read

July 06, 2011 | International Edition

BPP Law School has teamed up with Investec to offer its students an exclusive law loan. The Investec loan, which students will be able to apply for from today (6 July), will be available to full-time UK students who have already accepted and enrolled to study the Graduate Diploma in Law (GDL), Legal Practice Course (LPC) or Bar Professional Training Course (BPTC) at any of BPP's eight locations.

By Friederike Heine

2 minute read