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International Edition

Freshfields boosts US litigation practice with former Bank of America counsel

Freshfields Bruckhaus Deringer has brought in its first major lateral hire in New York since the magic circle law firm launched its US litigation practice earlier this year. David Onorato is to join the New York office as a partner in the litigation practice. He was previously deputy general counsel and director of litigation with Bank of America (BoA).
2 minute read

International Edition

The Judge goes east in Lockton tie-up

Specialist after-the-event insurance broker The Judge has set up in Asia after entering into a partnership with international broker Lockton. The tie-up with one of the world's largest privately-owned brokers means The Judge will offer litigation insurance in Hong Kong and Singapore.
2 minute read

International Edition

Nabarro in second redundancy round as profits fall

Nabarro has reported a 9.7% drop in revenue for the 2008-09 financial year while profits per equity partner (PEP) have fallen by 35%. Unaudited figures from the firm show that revenue for the last financial year stood at £126.5m, down from last year's equivalent figure of £140.1m. PEP fell to £375,000, down from last year's equivalent figure of £574,000.
2 minute read

International Edition

Charles Russell sees PEP fall by 30% with revenue down 3%

Charles Russell has joined the ranks of firms reporting a drop in profits per equity partner (PEP) of more than 30%. The UK top 50 firm has reported a plunge of 36%, with PEP falling to £235,000 in 2008-09, down from £368,000 the previous year. The firm initially reported a PEP figure of £419,000 for 2007-08; however, this figure reduced as a result of accounting adjustments. The fall in PEP came against a slight dip in turnover to £69.5m, down 3.2% from the £71.8m figure the firm billed in 2007-08.
2 minute read

International Edition

GE appoints CC and Ashurst to Europe adviser roster

General Electric (GE) has finalised its European non-M&A legal panel, with a clutch of UK firms winning roles, including Clifford Chance and Ashurst. DLA Piper, Weil Gotshal & Manges and Baker & McKenzie are also among the firms appointed to GE's 80-firm roster.
2 minute read

International Edition

Global disputes

Allen & Overy, Mayer Brown, Hausfeld and Appleby size up the key trends in cross-border litigation.
1 minute read

International Edition

CC's US arm wins defence for ING in class action suit

Clifford Chance's (CC's) US litigation team has successfully defended ING Life Insurance in a class action suit in the Washington DC court of appeals. The privacy case, which had been brought on behalf of Washington DC government employees alleging that ING lost their private, sensitive financial and personal information, was dismissed last month (18 June) with the court ruling in favour of the insurer.
1 minute read

International Edition

BLP boosts finance and litigation with hire of partners from A&O and CC

Berwin Leighton Paisner (BLP) has picked up two partners from the magic circle, with the firm set to bolster its finance and litigation practices. Clifford Chance (CC) litigation partner Nic Fletcher will join BLP's international arbitration practice while, as legalweek.com reported last week (26 June), Allen & Overy (A&O) leveraged finance partner Andrew Bamber is also set to join the firm.
2 minute read

International Edition

Fourth CC litigation partner joins Gibson Dunn in New York

Gibson Dunn & Crutcher has recruited another Clifford Chance (CC) partner in New York, a move which means the US firm has now taken on 11 litigation lawyers from CC during the past month. CC litigation partner George Schieren, who resigned from the US practice earlier this month, has joined CC's global head of litigation Mark Kirsch, litigation partner Joel Cohen and counsel Christopher Joralemon at Gibson Dunn, with the US firm confirming that it has also recruited seven associates from CC.
2 minute read

International Edition

JAC figures show drop-off in ethnic minority and female appointments

The percentage of appointments to judicial posts from black and ethnic minorities fell during the past year, with the proportion of successful female applicants also seeing a decrease. The Judicial Appointments Commission (JAC) received 3,514 valid applications for legal and non-legal positions for the period from 1 April 2008 to 31 March 2009 - an increase of almost 40% on the 2,535 during the previous year.
2 minute read

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