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  • June 16, 2010 |

    International firms in London: Swoop to conquer

    June 2009, and it was just another not-so-hectic day in the finance department of Addleshaw Goddard's London office - which, after some busy years in the middle of the decade, had slowed dramatically following the onset of the credit crunch in 2007. The firm had recently posted its annual financial results, announcing a fall in revenue of 11.4% and a 30.9% decline in profits per equity partner (PEP), having earlier that year cut 10% of its partnership. Needless to say, acquisition finance partner Phil Slater was on hand to answer his phone when it rang that morning.

    1 minute read

  • June 1, 2010 |

    Barlows adds partner in Hong Kong with Reed Smith hire

    Barlow Lyde & Gilbert has expanded its Hong Kong practice with the hire of partner Andrew Horton from Reed Smith's local partnership. Horton started work in the firm's marine, energy and trade (MET) practice on 2 June. He is joined in the group by senior associate Gary Yin, who comes to Barlows from DLA Piper in Hong Kong.

    1 minute read

  • May 25, 2010 |

    RPC boosts City employment practice with Wragges duo

    Reynolds Porter Chamberlain (RPC) has hired two partners from Wragge & Co in a boost to its London employment practice.

    1 minute read

  • May 19, 2010 |

    Wall Street's legal elite stage recovery but fees fall at US top 100

    Wall Street's leading law firms have defied gloomy predictions to stage a notable comeback in 2009, emerging as the top performers among the US's 100 largest law firms. Financial results for 2009 from Legal Week's US sister title The American Lawyer show that the 13 New York firms with profits per equity partner (PEP) of more than $2m (£1.3m) overcame the toughest trading conditions for a generation to raise partner profitability by 3%.

    1 minute read

  • May 12, 2010 |

    Ken Clarke named as surprise justice secretary in new Government

    Kenneth Clarke has been appointed Lord Chancellor and Secretary of State for Justice as incoming prime minister David Cameron forms his first cabinet. Details are emerging of the Conservative-Liberal Democrat coalition Government, with key cabinet posts confirmed so far including Clarke as the UK's new Justice Secretary, replacing the outgoing Labour minister Jack Straw.

    1 minute read

  • May 11, 2010 |

    Field Fisher hires Reed Smith media partner

    Field Fisher Waterhouse has made its second lateral hire of the year, bringing in media partner Barry Smith from Reed Smith to bolster its City practice. Smith had been a partner at Reed Smith since 1980, having joined the firm in 1974. He brings with him a practice covering a broad range of media matters including film and television, production and distribution.

    1 minute read

  • May 5, 2010 |

    McDermott sees London structured finance chief depart firm

    McDermott Will & Emery has lost its London head of securitisation and structured finance Paul-Michael Rebus. Rebus' next move is currently unclear but it is understood that McDermott's City structured finance practice is set to see further losses in the coming weeks.

    1 minute read

  • April 29, 2010 |

    RPC promotes London trio to partnership

    Reynolds Porter Chamberlain (RPC) has made up three new partners in its annual promotions round, matching the number the firm promoted last year. Adam Craggs, Karen Hendy and Simon Laird will join the UK top 50 firm's partnership in its London base as of 1 May.

    1 minute read

  • April 21, 2010 |

    Media and internet: The content business

    Once, life was simple in the media business. Media companies produced content - though they didn't call it that - for the masses. Film studios, record companies, publishers and broadcasting groups either owned or had significant control over distribution channels for that content. Life was also much simpler for media lawyers. Work was filled with low-level litigation, turning out fairly standard copyright agreements and, if you worked for one of the acquisitive media conglomerates, bringing in external counsel for intermittent bouts of empire building

    1 minute read

  • April 16, 2010 |

    Bank of New York Mellon appoints former Clinton adviser as new general counsel

    The Bank of New York Mellon has named veteran finance lawyer Jane Sherburne as senior executive vice president and general counsel, reports Corporate Counsel. She also joins the bank's executive committee, and will report to chairman and CEO Robert Kelly. Sherburne said: "This is an exciting time to be joining an organisation at the forefront of its industry. I am looking forward to heading a dynamic legal department and helping to guide the future of a company that achieves success for its clients in rapidly changing markets."

    1 minute read