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International Edition

Simmons aims to refocus with new three-year strategy plan

Simmons & Simmons has set out a new three-year strategy focused around building on the firm's strengths and fostering a high-performance culture alongside plans to open a new low-cost base in Bristol. Partners at the top 15 City firm are expected to approve the plans at a partner meeting in mid-April, rubber-stamping ambitious targets to establish the firm as a credible global player and significantly boost profitability.
3 minute read

International Edition

Dundas finalises redundancy consultation with 28 jobs cut

Dundas & Wilson has made 28 job cuts across its Edinburgh, Glasgow and London bases after launching a consultation process in late February. The Scottish firm began the consultation after a review of "anticipated business needs" earlier this year.
2 minute read

International Edition

Linklaters shakes up international board with eight members to be replaced

Linklaters is overhauling its international board, with eight of the 14 elected members on the oversight body set to be replaced. These include London partners David Ereira and Charlie Jacobs, who won seats to represent the finance and corporate departments respectively in 2009 and are likely to be replaced at the end of the financial year.
2 minute read

International Edition

A&O and Allen & Gledhill call off talks over Singapore tie-up

Allen & Overy (A&O) and Singapore leader Allen & Gledhill have called off discussions about a potential tie-up between the two firms. The firms announced that they are no longer in talks earlier this afternoon (26 March), with a spokesperson stating discussions had ended because they could not reach an agreement that was satisfactory to both parties.
3 minute read

International Edition

Cobbetts managing partner Shaw steps down after 16 years at helm

Cobbetts managing partner Michael Shaw has stepped down after 16 years at the helm of the north-west firm, with the news emerging weeks after merger talks with regional rival DWF broke down. Shaw, who helped build Cobbetts from a 175-strong Manchester office to a firm with 750 staff working from four offices across the UK and a base in Egypt, will remain at Cobbetts as a consultant.
2 minute read

International Edition

Berrymans healthcare head replaces Renouf as senior partner

Berrymans Lace Mawer has elected a new senior partner as long-running chief Terry Renouf steps down. Renouf will be replaced by healthcare practice co-head and Manchester partner Mike Brown from 2 April 2012.
2 minute read

International Edition

CC set to lay off London associates as Linklaters confirms support cuts

Clifford Chance (CC) is set to make cuts in its London finance and capital markets practices, with up to 13 associates at risk of losing their jobs at the magic circle firm. The redundancies are being handled through individual consultations, which are expected to close in around two weeks' time.
3 minute read

International Edition

Mayer Brown set to shield billings from currency fluctuations

Mayer Brown is looking to introduce new financial hedging products that would allow the firm to protect its billings from fluctuating currency values. The US law firm, which last year hired a global treasury manager to centralise its approach, is considering whether to introduce new bank products that would allow it to exchange dollars or euros into sterling at a pre-determined fixed rate for a number of years.
2 minute read

International Edition

Olswang ends US alliance as partner Cooley plans to ramp up UK presence

Olswang and US tech leader Cooley have ended their alliance as the US practice weighs up options to launch its own presence in the City. Management at both firms decided to call time on their 18-month non-exclusive alliance at the close of last year, although they are continuing to work on ongoing matters. It is understood the pair discussed a more formal tie-up or merger in the UK before calling off the relationship.
2 minute read

International Edition

Going global and a 'one-firm approach' – SJ Berwin's new head sets out his agenda

"Clearly the most essential part of the job is to listen to the partners. I will form a leadership team with Rob but we do not pretend to have a monopoly on wisdom" - Sofia Lind talks to new SJ Berwin senior partner Stephen Kon...
7 minute read

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