Jeremy Hodges

March 23, 2010 | International Edition

Field Fisher Waterhouse has made its first partner hire of 2010, bringing in a former Morgan Lewis & Bockius partner for its employment practice. Simeon Spencer joins the UK firm after a short stint with employment specialists Seyfarth Shaw in New York, where he was a partner. Before joining Seyfarth towards the end of last year, Spencer headed the European employment practice at Morgan Lewis. Prior to this he worked at Morrison & Foerster.

By Jeremy Hodges

2 minute read

March 23, 2010 | International Edition

Lovells' London office has launched a corporate governance unit that will advise listed companies on legal and regulatory changes in the sector.

By Jeremy Hodges

2 minute read

March 23, 2010 | International Edition

CMS Cameron McKenna and SJ Berwin have picked up new clients in their respective corporate and real estate practices. SJ Berwin has carried out its first mandate for new property client Max Property, advising the company on a recent office investment worth £36.5m.

By Jeremy Hodges

2 minute read

March 23, 2010 | International Edition

Addleshaw Goddard has made up five lawyers to the firm's partnership in its annual promotions round, two fewer than in 2009. Four managing associates and a legal director have made the grade across the firm's three offices in London, Manchester and Leeds.

By Jeremy Hodges

2 minute read

March 22, 2010 | International Edition

BT has appointed former Cable & Wireless legal chief Daniel Fitz as its new group general counsel, replacing Anne Fletcher in the role. Fitz, who will join BT at the end of March, was executive vice president, general counsel and company secretary at technology firm Misys from 2003 to 2009, before which he spent 12 years at Cable & Wireless in a number of roles, including group general counsel.

By Jeremy Hodges

2 minute read

March 22, 2010 | International Edition

Baker & McKenzie has significantly boosted its regulatory capabilities in the City with the hire of highly rated Barlow Lyde & Gilbert partner Ian Mason. Mason, the former head of the FSA's wholesale group in the the body's enforcement division, becomes Bakers' second financial regulatory partner in the City.

By Jeremy Hodges

2 minute read

March 18, 2010 | International Edition

Shearman & Sterling is to ditch associate lockstep for all of its lawyers in the UK, Asia and the Middle East in favour of a merit-based pay system. The new system, which will be effective from 1 May, will see all associates assessed twice a year against a number of criteria including client relationships, legal and technical capabilities and interpersonal skills.

By Jeremy Hodges

2 minute read

March 17, 2010 | International Edition

White & Case's London office has emerged as the worst performing City arm of a US law firm in 2009 - a year in which results varied significantly between firms. White & Case saw London revenues plunge by just under 20% to $197m (£130m) during the 2009 calendar year, with profits per equity partner (PEP) dropping by 11% to $1.32m (£872,000).

By Jeremy Hodges

3 minute read

March 17, 2010 | International Edition

Milbank Tweed Hadley & McCloy has become one of the first leading New York firms to move away from pure associate lockstep to a pay structure that also takes into account individual performance. The firm has introduced a three-tier banding system in London that will run alongside its lockstep-based pay structure. The new structure, introduced in January 2010, will only apply in the City, with other offices maintaining pay based on post-qualification experience.

By Jeremy Hodges

2 minute read

March 17, 2010 | International Edition

Clifford Chance (CC) and Norton Rose have advised on a $400m (£265m) refinancing for international mining company Equinox Minerals. The Toronto and Australia-listed company will use the senior and subordinated loan facility to refinance existing debt for its subsidiary Lumwana Mining Company, where it will help finance the development of the Lumwana copper mine in Zambia.

By Jeremy Hodges

2 minute read