Filter This View

  • February 27, 2014 |

    Junior partners gear up to make capital contributions as new LLP rules kick in

    Non-equity partners will be forced to take on a proportionally higher degree of financial risk than their more senior colleagues as a result of the crackdown by the UK's HM Revenue & Customs (HMRC) on the taxation of limited liability partnerships (LLPs). Changes to the way HMRC will determine the employee status of partners at LLPs from 6 April mean new and existing salaried or fixed-share partners will have to make capital contributions of at least 25% of their annual earnings to their firms.

    1 minute read

  • February 26, 2014 |

    The Transfer Window: recent moves including Clifford Chance, Allen & Overy and Norton Rose Fulbright

    The Transfer Window is a regular round-up of recent legal moves in the UK and abroad.

    1 minute read

  • February 17, 2014 |

    K&E, Squire Sanders and Addleshaws among firms on private equity buyout of credit company

    Kirkland & Ellis, Squire Sanders and Addleshaw Goddard are among the firms to have taken roles on GTCR's joint acquisition of UK-based consumer credit company Callcredit, from Vitruvian Partners.

    1 minute read

  • February 17, 2014 |

    MoFo hires recently departed Reed Smith finance partner Phillip Slater

    Reed Smith partner Phillip Slater has joined Morrison & Foerster (MoFo) in London, three weeks after exiting his old firm. Slater, who previously led Reed Smith's acquisition and leveraged finance practice in London, practices across a number of areas, including acquisition finance, leveraged finance and corporate banking.

    1 minute read

  • February 17, 2014 |

    Links, 2Birds and DLA strike it lucky as William Hill expands legal panel

    Linklaters, Bird & Bird and DLA Piper have all won spots on William Hill's expanded legal panel, Legal Week can reveal. The trio join Ashurst, Pinsent Masons and Addleshaw Goddard, all of which have been re-appointed to the FTSE 100 company's roster of preferred legal counsel.

    1 minute read

  • February 13, 2014 |

    Reed Smith picks up Travers leveraged finance partner as Phillip Slater steps down

    Reed Smith has hired Travers Smith finance partner Ben Davis, as banking partner Phillip Slater has left the firm. Davis, who starts his new role on 18 March, will work with Reed Smith's EMEA and US finance practices, and support the development of the firm's UK and pan-European private equity practice. He joined Travers in 2005, making partner six years later. During his time at the firm he acted for a number of Travers' major private equity clients including Equistone, Exponent and Bridgepoint Advisers.

    1 minute read

  • February 11, 2014 |

    Addleshaw Goddard to apply for Beijing licence as international push gathers pace

    Addleshaw Goddard is set to apply for a licence to practice in Beijing after making its debut in Hong Kong last August. The UK firm, which in the last 18 months has prioritised international expansion, wants to open in the Chinese capital to support its offering in Hong Kong and tap the PRC market for outbound and disputes work.

    1 minute read

  • January 31, 2014 |

    Linklaters and Addleshaws new additions as Nationwide cuts panel to four firms

    Linklaters and Addleshaw Goddard have won places on Nationwide's slimmed-down group-wide legal panel following a review of the building society's top advisers.

    1 minute read

  • January 30, 2014 | International Edition

    Leaner, faster, stronger – the importance of getting the basics right

    Not being the sexiest of topics, Clifford Chance's (CC) publication last week of a white paper on 'continuous improvement in the legal sector' probably escaped most people's notice. But before you switch off completely, it is worth considering that the magic circle firm's five-year efficiency drive has cut client bills or the amount CC writes off by 15% – more in some cases. The paper, which summarises what CC has learned over the course of the programme, also claims the firm has sped up some projects and processes by 50%. These are the kind of numbers that grab the attention of cash-strapped clients.

    1 minute read

  • January 30, 2014 |

    Leaner, faster, stronger – the importance of getting the basics right

    Not being the sexiest of topics, Clifford Chance's (CC) publication last week of a white paper on 'continuous improvement in the legal sector' probably escaped most people's notice. But before you switch off completely, it is worth considering that the magic circle firm's five-year efficiency drive has cut client bills or the amount CC writes off by 15% – more in some cases. The paper, which summarises what CC has learned over the course of the programme, also claims the firm has sped up some projects and processes by 50%. These are the kind of numbers that grab the attention of cash-strapped clients.

    1 minute read