Suzi Ring

November 10, 2010 | International Edition

Barlow Lyde & Gilbert has posted a 17% increase in H1 turnover in the wake of the firm's acquisition of Halliwells' Manchester insurance practice. The firm took in revenues of £44.5m for the first half of 2010-11 against the figure of £38.1m recorded at the same point last year. The results come after Barlows sealed a £2.5m deal to take on the Manchester insurance arm of Halliwells, which employs around 200 staff, when the firm went into administration this summer. The well-regarded team boasts a number of major clients including AXA and Chartis.

By Suzi Ring

2 minute read

November 10, 2010 | International Edition

DWF has announced a double-digit rise in revenues at the half-year point as the northwest firm continues its run of rapid growth. The firm saw turnover increase by 12% to £36m over the six-month period, with the corporate and commercial practice a particularly strong performer, posting 48% growth on last year.

By Suzi Ring

2 minute read

November 10, 2010 | International Edition

Allen & Overy (A&O) has elected a new global head of tax as the firm reshapes the practice's management committee. German partner Gottfried Breuninger will now lead the tax management committee alongside two deputy heads - City tax partner Chris Harrison and Luxembourg tax partner Jean Schaffner. All three were elected after a contested vote last week.

By Suzi Ring

2 minute read

November 09, 2010 | International Edition

Jones Day has overhauled its European management with Mary Ellen Powers named partner-in-charge of Europe and the Middle East among four new leadership appointments. Trial practice partner Powers, currently partner-in-charge of the US firm's Washington office, will take up the newly-created role in January 2011, with Gregory Shumaker replacing her as Washington head.

By Suzi Ring

2 minute read

November 09, 2010 | International Edition

Clyde & Co has grown its New Jersey arm with the hire of three litigation partners from local firm Connell Foley. Bryan Couch, Jeff O'Hara and Matthew Bauer, all of whom are litigators with a focus on insurance, joined the firm last month, taking the number of partners in the office to five.

By Suzi Ring

2 minute read

November 09, 2010 | International Edition

Baker & McKenzie and White & Case are in the process of relocating two of their senior banking partners to Paris and Singapore respectively in a move to bulk up those offices. Bakers EMEA head of banking and finance Michael Foundethakis moved to Paris last month to lead the local banking and finance practice, replacing Laurent Barbara in the post. He will keep his existing roles leading the EMEA finance team, the global project finance practice and the German acquisition finance and project finance practice.

By Suzi Ring

2 minute read

November 08, 2010 | International Edition

Trowers & Hamlins is reviewing its lockstep pay model as the firm looks to move to a merit-based system next year. The firm's board agreed earlier this year to review the current system, with the proposal announced to staff in May. The firm has since held a number of discussion sessions with associates to obtain feedback on the proposal, the latest of which was held this morning (8 November).

By Suzi Ring

2 minute read

November 05, 2010 | International Edition

Offshore firm Ogier has made up eight new partners in its annual promotions round. Six of the promotions have been handed to lawyers with the remaining two in the fiduciary arm of the firm. Angus Davison and Andrew Morehouse join the partnership in the investment funds practice in the Cayman Islands, while Fran Watson has been made up in investment funds in Guernsey.

By Suzi Ring

2 minute read

November 05, 2010 | International Edition

Linklaters and Skadden Arps Slate Meagher & Flom have lined up on the $420m (£260m) initial public offering (IPO) of Russian food retailer O'Key, in one of the first listings by a Russian company in London since the financial crisis. Skadden advised O'Key, fielding a team including corporate finance partner Pranav Trivedi, who splits his time between London and Moscow, and Moscow-based M&A partner Dmitri Kovalenko.

By Suzi Ring

2 minute read

November 04, 2010 | International Edition

White & Case has ramped up its Middle East presence via a tie-up with the former Riyadh arm of Gide Loyrette Nouel and the hire of two new partners in Abu Dhabi. The new association will operate under the name Dr Waleed N Al-Nuwaiser in association with White & Case, and will be headed by ex-Gide corporate and commercial partner Waleed Al-Nuwaiser. Gide announced last week that it had decided to close its Dubai, Abu Dhabi and Riyadh offices with immediate effect.

By Suzi Ring

3 minute read