September 15, 2010 | Law.com
Allen & Overy Report Reveals 43 Percent Senior Management Earnings HikeSenior management at Allen & Overy increased their earnings by almost 50 percent last year against a 10 percent increase in profits per equity partner, according to the firm's annual report. A&O said the increase was largely due to an increase in the firm's profitability.
By Sofia Lind
2 minute read
June 22, 2010 | The Legal Intelligencer
It's Officially a Fad: Another Transatlantic BigLaw Merger Is in the WorksSimmons & Simmons has informed its partners that it is discussing a merger with Mayer Brown.
By Sofia Lind
2 minute read
December 02, 2010 | Law.com
Trowers & Hamlins Confirms Job CutsU.K.-based Trowers & Hamlins is set to make another round of job cuts after confirming that turnover has fallen behind budget for the first half of the financial year. The firm is reviewing five fee earner roles and two staff jobs in Manchester and four fee earner roles in London.
By Sofia Lind
2 minute read
May 13, 2011 | Legaltech News
Norton Rose Makes Double Hire for Knowledge ManagementNorton Rose has made a double management hire to fill two new roles of group chief information officer and group director of knowledge management. The U.K. top 10 law firm said the newly created positions have been instated to enable the expanding group to follow best practices for IT and knowledge management at a global level.
By Sofia Lind
2 minute read
June 17, 2008 | Law.com
Latham Names Hirose New Tokyo ChiefLatham & Watkins has appointed a new head of its Tokyo office, with Hisao Hirose set to take over the role from Bernard Nelson, who is retiring this month. Hirose, a finance partner with Latham's Gaikokuho joint venture in Tokyo, specializes in structured finance, banking and bank regulatory matters as well as advising on bankruptcy, securities regulation and general corporate matters.
By Sofia Lind
2 minute read
June 24, 2008 | Law.com
Ex-Bear Stearns GC Resurfaces at Lender WaMuLending giant Washington Mutual has hired the former general counsel of stricken investment bank Bear Stearns. It named Michael Solender as its executive vice president and chief legal officer earlier this month. Solender will take on responsibility for overseeing the company's legal, compliance and government relations functions. He succeeds interim legal chief Stewart Landefeld, who is returning to private practice with Perkins Coie in Seattle.
By Sofia Lind
2 minute read
June 30, 2010 | Law.com
Mayer Brown, Simmons Call Off Merger DiscussionsSimmons & Simmons and Mayer Brown have called off merger talks, the two firms said in a joint press statement sent Tuesday. The firms did not say why the talks ended, but some partners had questioned how the two firms could combine their London presence, while Simmons partners had also questioned whether they wanted to merge with a larger and more profitable firm.
By Sofia Lind
2 minute read
July 08, 2009 | Corporate Counsel
GE Finalizes European Outside Counsel RosterGeneral Electric has finalized its European non-M&A legal panel, with a clutch of U.K. firms winning roles, including Clifford Chance and Ashurst. DLA Piper, Weil Gotshal & Manges and Baker & McKenzie are also among the firms appointed to GE's 80-firm roster. The panel review has been ongoing for more than 18 months, with firms making their first pitches in 2007. It was initiated by former European GC Mark Elborne but finalized by Hendrik Bourgeois, who was appointed as Elborne's successor in April.
By Sofia Lind
2 minute read
January 25, 2011 | The Legal Intelligencer
Glad You Axed: Layoffs Net MegaFirm $65 Million in Lower Staff CostsClifford Chance (CC) reduced staff costs by $65,579,434 during 2009-10, after cutting its total headcount by 12% during the extensive firmwide restructuring carried out in the previous financial year.
By Sofia Lind
2 minute read
May 24, 2011 | New York Law Journal
Finance Partners Raid Could Net Up to Five LateralsBy Sofia Lind
2 minute read
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