May 05, 2011 | International Edition
SJ Berwin makes up eight new partners with half in LondonSJ Berwin has added eight lawyers to its partnership in its annual promotion round.Four of the promotions, which take effect from today (5 May), are in the City firm's London headquarters, two are in Frankfurt, one is in Madrid , with the remaining new partner in Paris.
By Sofia Lind
2 minute read
May 05, 2011 | International Edition
A&O launches redundancy talks ahead of offshoring to BelfastAllen & Overy (A&O) has launched individual redundancy consultations with 155 London business support staff ahead of the launch of its Belfast business and legal support centre later this year.The figure is lower than the 180 jobs the firm initially predicted would be affected.
By Sofia Lind
2 minute read
May 05, 2011 | International Edition
A&O beats City rivals to lead in Q1 bank roles for Euro capital marketsAllen & Overy (A&O) has topped Thomson Reuters' EMEA debt capital markets rankings for the first quarter of the 2011 calendar year by manager, with US firm Sidley Austin topping the equivalent table by issuer. A&O was the most active adviser to managers on international bond issues, advising underwriters on 129 deals generating proceeds of $92.8bn (£56bn). The tally gave the firm a 7% share of the market by volume, ahead of Linklaters, Clifford Chance (CC), Cahill Gordon & Reindel and Davis Polk & Wardwell.
By Sofia Lind
3 minute read
May 05, 2011 | International Edition
Post-merger turbulence puts pressure on for SNR DentonUnderstandably, the news that SNR Denton's UK arm has launched a sector and practice review to boost profitability was played down by new UK chief executive Matthew Jones as house-keeping. But if strong indications prove correct that profits per equity partner (PEP) are to fall sharply for the UK partnership - perhaps below £250,000 - the firm will be under considerable pressure to demonstrate that it can get the practice back on track.
By Sofia Lind
4 minute read
May 03, 2011 | International Edition
Camerons makes up 16 in 2011 promotion roundCMS Cameron McKenna has promoted its general counsel Craig Perry to its junior partner rank as part of an annual promotion round of 16 new partners. Almost all of the new partners are in the UK, where 14 new partners are split between three offices: London, which gains 13 new partners; and Bristol and Scotland, which gain one apiece. The remaining promotions are in Budapest and Prague.
By Sofia Lind
3 minute read
May 03, 2011 | International Edition
Penningtons and Dawsons merge to create 62-partner firmPenningtons Solicitors and Dawsons Solicitors have finalised their merger, with the combined firm officially launching yesterday (1 May 2011). The combined business will operate under the Penningtons name with the firm taking on the entirety of Dawsons practice.
By Sofia Lind
2 minute read
April 28, 2011 | International Edition
Simmons votes in Passmore ahead of Dawkins as new senior partnerSimmons & Simmons has elected City litigator Colin Passmore as senior partner after beating outgoing managing partner Mark Dawkins to the position in the last round of voting. Passmore, who heads the firm's litigation group, will take up the post on 1 August from incumbent David Dickinson, who is retiring after 23 years with the firm.
By Sofia Lind
3 minute read
April 27, 2011 | International Edition
Bird & Bird's construction and engineering co-head exits firmBird & Bird has lost a construction and engineering partner in London with Colin Hall set to join Winckworth Sherwood next week (1 May). Hall, joint head of construction and engineering at Bird & Bird, was one of the partners that joined the UK top 15 firm as part of its merger with City boutique Lane & Partners in 2008.
By Sofia Lind
2 minute read
April 26, 2011 | International Edition
Two remain as Simmons senior partner vote reaches final stageSimmons & Simmons' senior partner election has reached the final round of voting with managing partner Mark Dawkins and litigation partner Colin Passmore the two remaining candidates. The first round, which took place earlier this month, saw four out of a total six candidates knocked out, but no clear winner. The winning candidate is required to secure 50% of the votes and will take over the senior partner role from incumbent David Dickinson from 1 August this year.
By Sofia Lind
2 minute read
April 26, 2011 | International Edition
SJ Berwin ushers in new merit-based pay system for firm's associatesSJ Berwin has become the latest firm to introduce merit-based pay for its associates, with the new model set to come into effect at the firm from 1 May. The firm said the new system will be based on associate performance rather than experience, and that the change was motivated in part by a desire to better reflect the modified lockstep used for partner remuneration.
By Sofia Lind
2 minute read
Trending Stories