NEXT
Sign in to follow

International Edition

DWF eyes revived Cobbetts deal after last year's failed merger

DWF is understood to be in talks with Cobbetts over a potential deal which could see it take on the stricken firm, which yesterday (30 January) filed a notice of intention to appoint administrators ahead of a fire-sale of its business. A senior source in the Manchester market suggested that a pre-pack deal would be a likely outcome, allowing DWF to minimise its exposure to Cobbetts' debt.
2 minute read

International Edition

Olswang set for cuts in finance and employment with six jobs under threat

Olswang has become the latest in a string of firms moving to to cut jobs, after placing six roles at risk of redundancy. The move, first reported by RollOnFriday, will affect six staff positions across the firm's finance and employment teams.
2 minute read

International Edition

Clydes to cut jobs as firm reviews back office in wake of BLG merger

Clyde & Co has put a number of support staff positions at risk of redundancy, following a review of its business services departments carried out in the wake of its merger with legacy Barlow Lyde & Gilbert. It is understood that fewer than 10 members of staff are involved in the consultations, with the changes primarily affecting the firm's London office.
2 minute read

International Edition

Freshfields sees Bank of England fees drop as financial crisis work subsides

Freshfields Bruckhaus Deringer has received more than £14m in legal fees from the Bank of England (BoE) since March 2008, according to new figures that show the extent to which the bank's legal spend has fallen since the height of the financial crisis. The magic circle law firm – which is the UK central bank's preferred legal adviser – billed £4.7m for work from March 2008 to February 2009 as the credit crunch reached its peak, followed by fees of £5.7m for the following 12 months.
3 minute read

International Edition

US law firms to grow Hong Kong litigation teams as solicitors get advocacy rights

Given the US cultural affinity for resolving matters inside a court room, it was perhaps only a matter of time. But finally, America's leading law firms appear to be taking litigation work in Asia seriously. Latham & Watkins, Skadden Arps Slate Meagher & Flom and O'Melveny & Myers are among several US outfits with plans to strengthen their local disputes teams, while Davis Polk & Wardwell recently entered the litigation arena with the hire of two well-regarded litigators from Clifford Chance (CC). Firms that are considering starting up local disputes practices include Kirkland & Ellis and Milbank Tweed Hadley & McCloy, both of which have strong litigation franchises globally.
6 minute read

International Edition

A&O to lay off US and Euro support staff as 43 jobs move to Belfast

Allen & Overy (A&O) is set to make up to 43 back office redundancies across its New York and European offices, as the firm prepares to transfer support roles from its international network to its Belfast support services centre. The move affects support services staff in A&O's New York, Amsterdam, Antwerp, Brussels, Frankfurt, Luxembourg, Milan, Paris and Rome offices. It will not affect fee-earning roles.
3 minute read

International Edition

DLA cuts 45 in Glasgow exit as firm agrees defendant insurance sell-off

DLA Piper has confirmed that it will close its Glasgow office by 30 April, making approximately 45 staff redundant following a redundancy consultation launched at the end of November. It is expected that the 10 Glasgow-based partners will transfer to DLA Piper's Edinburgh office, along with the remaining 30 staff that currently make up the 85-strong Glasgow office.
3 minute read

International Edition

Eversheds set to cut up to 166 jobs in latest redundancy round

Eversheds has placed 166 jobs at risk of redundancy, including 82 fee earners, marking the firm's sixth redundancy round since September 2008. The firm is restructuring its UK real estate and company commercial practices due to the "anticipated volume of transactional activity in the medium term", alongside the closure of its 29-strong Copenhagen office, with the moves set to result in significant job losses.
3 minute read

International Edition

Clydes names Burns as successor to long-serving senior partner Payton

Clyde & Co has appointed insurance litigation partner James Burns to take over as senior partner when Michael Payton retires this October after 29 years in the role
3 minute read

International Edition

Bakers appoints Rawlinson to succeed Senior in London MP role

Baker & McKenzie has appointed intellectual property partner Paul Rawlinson to succeed outgoing London managing partner Gary Senior from 1 July 2013.
2 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • AI-Powered Deposition and Medical Record Summaries: Low Risk, High Reward

    Brought to you by Parrot

    Download Now

  • Aligning Client Needs with Lawyer Growth and Profitability

    Brought to you by BigHand

    Download Now

  • Technology to Make E-Discovery Smarter, Not Harder

    Brought to you by Nuix

    Download Now

  • Does Generative AI Have the Power to Transform Legal Services?

    Brought to you by HaystackID

    Download Now