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  • July 18, 2012 |

    Mayer Brown offers London trainees £10,000 to defer for one year

    Mayer Brown has offered its incoming London trainees the option to defer their training contracts in exchange for a one-off payment of £10,000, with three agreeing to postpone their start date by 12 months. The US firm's London arm, which takes on between 20 and 25 trainees per year across two intakes in March and September, asked a total of 47 future trainees across four intakes to defer by a year due to business activity levels.

    1 minute read

  • July 13, 2012 |

    Lloyds Banking Group set to cut law firm roster by 10% in adviser review

    Lloyds Banking Group is set to cut back its law firm roster by around 10% in a UK panel review due to kick off later this month. The bank, which appointed its last legal panel in 2010, has sent a letter to firms informing them they will receive tender documents on 23 July, with pitch submissions due three weeks later and a final line-up expected to be confirmed by early autumn.

    1 minute read

  • July 9, 2012 |

    King & Spalding and Katten make real estate hires as Fried Frank London team exits firm

    Fried Frank Harris Shriver & Jacobson's London real estate chief is set to leave the firm to join the City office of King & Spalding following the US firm's decision to retrench from UK real estate work. Heilpern - who has been at Fried Frank since early 2006 after joining from rival US firm Paul Hastings Janofsky & Walker - has been given a remit to boost King & Spalding's European real estate practice. He joins alongside senior associate Leo Wilson from Fried Frank.

    1 minute read

  • July 5, 2012 |

    Mayer Brown City corporate partner Charnley exits for King & Spalding

    King & Spalding has strengthened its London office with the hire of high-profile corporate partner William Charnley from Mayer Brown. Charnley, whose resignation was announced internally at Mayer Brown last night (4 July), has a broad-based practice covering M&A, capital markets and private equity.

    1 minute read

  • June 27, 2012 |

    Mayer Brown boosts City partnership with Travers and Apollo hires

    Mayer Brown has added two partners to its London office with the hires of Travers Smith pensions partner Andrew Block and Apollo Global Real Estate GC Jeremy Kenley. Block, who made partner at Travers in 2009, joined the firm in 2008 after nine years at Linklaters, where he trained.

    1 minute read

  • June 25, 2012 |

    Mayer Brown hands London senior partner new five-year term

    Mayer Brown's London senior partner Sean Connolly is to serve another five-year term in the management role after being re-elected by the firm's London equity partners. Connolly, who was first appointed in 2007, will also continue as a member of the global management of the firm, serving on the partnership board. He secured the role after seeing off a challenge from London finance partner Dominic Griffiths.

    1 minute read

  • June 19, 2012 |

    Allen & Overy in talks to extend Saudi association

    Allen & Overy (A&O) is in discussions to extend its five-year association with Saudi Arabian outfit Abdulaziz AlGasim Law Firm. A&O is renegotiating the relationship as the initial five-year agreement between the pair draws to a close but the deal is expected to be renewed, with a spokesman stating there is "no way the firm is pulling out" of the region.

    1 minute read

  • June 14, 2012 |

    The new, new wave - the rapid expansion of the newest entrants to the London legal market

    As new firms continue to flock to London, the cautious growth of earlier entrants has been cast aside in favour of heavy investment and dramatic expansion. JDG Chambers reports

    1 minute read

  • June 13, 2012 |

    Ex-Dewey partner sues firm's former leadership for fraud and deceit

    Former Dewey & LeBoeuf partner Henry Bunsow has accused the firm's leadership - including former chairman Steven Davis - of committing fraud by lying about the true state of the now-bankrupt firm's finances, reports The Am Law Daily. In a 14-page lawsuit filed in San Francisco Superior Court, patent litigator Bunsow claims that Davis and other former Dewey leaders engaged in a years-long pattern of deceit aimed at portraying the firm as stronger financially than it actually was in order to pursue a lateral hiring spree that the complaint likens to "running a Ponzi scheme."

    1 minute read

  • June 12, 2012 |

    Charles Russell confirms redundancy round with nine jobs under threat

    Charles Russell has confirmed that it has begun a redundancy consultation at the firm, with nine jobs under review. The firm confirmed the news, first reported by RollOnFriday today (12 June); however, a spokesperson declined to provide more details on whether those included in the review are lawyers or support staff, and would not confirm which offices are affected.

    1 minute read