July 26, 2011 | International Edition
CC adds partner to City regulatory team with senior Morgan Stanley hireClifford Chance (CC) has moved to boost its regulatory team with the hire of a partner from Morgan Stanley. The firm has recruited Monica Sah, who is currently managing director and head of international wealth management legal for Morgan Stanley Smith Barney across Europe, the Middle East, Africa, Asia and Australia.
By Sofia Lind
2 minute read
July 25, 2011 | International Edition
Addleshaw makes 31 back office job cuts as Leeds private equity partner exits firmAddleshaw Goddard has finalised a redundancy round in its business services function which has resulted in 31 job cuts. The layoffs, effective at the end of June, came after a 30-day consultation the firm announced in May this year which saw 40 support roles placed under review. No fee earners were affected by the cuts.
By Sofia Lind
2 minute read
July 25, 2011 | International Edition
Clifford Chance confirms plans to launch in Morocco by end of 2011Clifford Chance (CC) has confirmed its intention to launch in Morocco with the firm set to open an office in the region by the end of 2011. Paris-based partner and Moroccan national Mustapha Mourahib will relocate to the region to set up the new base - CC's first Africa office - which will serve as a hub for the magic circle firm's clients across the wider North African and sub-Saharan Francophone region.
By Sofia Lind
3 minute read
July 25, 2011 | International Edition
A&O senior partner sounds diversity call in first of new Legal Week video seriesAllen & Overy (A&O) senior partner David Morley has called on the UK legal profession to open its doors to a more diverse pool of candidates if it is to maintain its position at the forefront of a rapidly globalising market. Morley (pictured) was speaking in the first edition of Legal Week's new 'On the record...' video series, which will see senior members of the profession give their views on some of the most challenging topics currently facing City law firm managers.
By Sofia Lind
3 minute read
July 22, 2011 | International Edition
Partners vote through Beachcroft DAC tie-up for November launchBeachcroft and Davies Arnold Cooper (DAC) partners have voted in favour of a merger that will create a top 20 UK firm with more than 2,000 staff. DAC Beachcroft will go live on 1 November, with the combined firm having turnover in excess of £175m and around 230 partners working across seven offices in the UK as well as bases in Ireland, Mexico, New Zealand, Singapore and Spain.
By Sofia Lind
2 minute read
July 20, 2011 | International Edition
Shoosmiths hires non-lawyer to head up consumer legal services brandShoosmiths has appointed a non-lawyer to head up its consumer legal services brand Access Legal, which the firm launched last year. David Palmer joined the firm last month from marketing company Affinion International, where he was managing director. He is also a former UK marketing director at Citibank and director of European marketing at US private equity and investment banking group Robert W Baird.
By Sofia Lind
2 minute read
July 14, 2011 | International Edition
Stephenson Harwood hires Weil energy head for practice pushStephenson Harwood has hired Weil Gotshal & Manges' London head of energy and renewables Andrew McLean, who will transfer to the top 30 UK law firm in September. The corporate partner helped establish Weil Gotshal's consumer and financial services practice in Europe when he joined as a partner 11 years ago from Clifford Chance, where he had been an associate. He specialises in commercial contracts, private company M&A and joint ventures.
By Sofia Lind
2 minute read
July 13, 2011 | International Edition
Simmons finalises move to overhaul partnership trackSimmons & Simmons is set to finalise its move to a three-tier partnership later this month, with the firm overhauling its traditional route to partnership. The overhaul means the firm will now promote all of its associates into a fixed-share partnership rank – abandoning the previous system that saw associates first become salaried partners or occasionally go straight into the equity.
By Sofia Lind
2 minute read
July 13, 2011 | International Edition
Herbert Smith advises as high-profile IT group wins bid for Nortel patentsHerbert Smith has taken a lead European role as a consortium including Apple, Microsoft and Sony Ericsson won a contest against Google to buy 6,000 strategic Nortel Networks patents for $4.5bn (£2.8bn). Herbert Smith advised Ernst & Young, the administrator to Nortel's entities in Europe, the Middle East and Africa, on the competitive auction.
By Sofia Lind
2 minute read
July 13, 2011 | International Edition
Stephenson Harwood hires Weil energy head for practice pushStephenson Harwood has hired Weil Gotshal & Manges' London head of energy and renewables Andrew McLean, who will transfer to the top 30 UK law firm in September. The corporate partner helped establish Weil Gotshal's consumer and financial services practice in Europe when he joined as a partner 11 years ago from Clifford Chance, where he had been an associate. He specialises in commercial contracts, private company M&A and joint ventures.
By Sofia Lind
2 minute read
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