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  • July 13, 2011 |

    Partner exits – if you've got to go, don't go quite yet

    On the face of it there are very few parallels between Clifford Chance (CC) and SNR Denton right now, with CC's average profits per equity partner standing around the £1m mark, while those at legacy Dentons lag behind its City peers at just £232,000. But in one respect the pair are taking a very similar approach, with both firms currently planning to hold some of their exiting partners to all, or most, of their notice periods.

    1 minute read

  • July 13, 2011 |

    Aviva set to launch European panel as new GC joins from GE

    Aviva is set to put together an inaugural European legal panel after hiring GE Capital's Monica Risam as the global insurer's first European general counsel. Risam, the former global GC of GE Capital's Working Capital Solutions division, joined Aviva's London headquarters last month to take up the newly-created role.

    1 minute read

  • July 13, 2011 |

    Herbert Smith advises as high-profile IT group wins bid for Nortel patents

    Herbert Smith has taken a lead European role as a consortium including Apple, Microsoft and Sony Ericsson won a contest against Google to buy 6,000 strategic Nortel Networks patents for $4.5bn (£2.8bn). Herbert Smith advised Ernst & Young, the administrator to Nortel's entities in Europe, the Middle East and Africa, on the competitive auction.

    1 minute read

  • July 13, 2011 |

    Simpson Thacher picks up role for EQT on €3.5bn fundraising

    Simpson Thacher & Bartlett's London office has picked up a first-time role for EQT Partners, advising on the formation of a €3.5bn (£3.1bn) fundraising. The deal saw partner Jason Glover – who was hired from Clifford Chance to launch Simpson Thacher's London funds team – instructed by the Swedish private equity group to advise on the creation of its sixth fund.

    1 minute read

  • July 12, 2011 |

    Trio of O'Melveny partners set to compete for leadership of firm

    Three O'Melveny & Myers partners are set to compete to succeed Arthur Culvahouse at the helm of the firm ahead of the end of his four-year term as chairman next year, reports The Am Law Daily. The US firm's policy committee has whittled down the field of partners being considered to succeed Culvahouse in the firm's top leadership post, and expects to have the ultimate choice put to a partnership vote by summer's end.

    1 minute read

  • July 4, 2011 |

    Clifford Chance senior associate duo follow funds partners to Weil Gotshal

    Weil Gotshal & Manges has secured the hire of Clifford Chance (CC) senior associates Stephen Fox and David Irvine to join its recently-recruited London funds team. The US firm last month (13 June) announced the hire of a four-partner funds team comprising CC partners Ed Gander, Nigel Clark and Nick Benson, as well as tax partner Jonathan Kandel, who works closely with the funds team.

    1 minute read

  • July 4, 2011 |

    Candidates emerge to compete for Linklaters global banking head role

    A trio of Linklaters partners are competing to succeed Robert Elliott as global head of banking as the firm gears up to appoint a new practice chief later this month. Current global banking chief Robert Elliott's tenure is set to come to an end in October, when he will take over as the firm's new senior partner from David Cheyne. Managing partner Simon Davies and the firm's executive committee have now kicked off the process to appoint Elliott's successor.

    1 minute read

  • July 1, 2011 |

    Elite US trio added to Barclays panel after review of bank's advisers

    Barclays has added three US firms to its general advisory panel, following a comprehensive panel review intended to increase value for money from the bank's regular advisers. Cleary Gottlieb Steen & Hamilton, Shearman & Sterling and Sullivan & Cromwell have been added to the bank's main general advisory panel after Barclays decided to include the creation of a US sub-division for the first time.

    1 minute read

  • June 27, 2011 |

    Ex-Simmons chief Dawkins quits for Bingham's 
London arm in wake of senior partner election

    Simmons & Simmons' former managing partner Mark Dawkins is set to join the London office of US law firm Bingham McCutchen. Dawkins, who stepped down as Simmons' managing partner at the end of April, is expected to join the firm's securities and financial institutions litigation group as a partner in early September after a sabbatical.

    1 minute read

  • June 27, 2011 |

    Ex-Simmons chief Dawkins quits for Bingham after senior partner defeat

    Simmons & Simmons' former managing partner Mark Dawkins is set to join the London office of US firm Bingham McCutchen. Dawkins, who stepped down as Simmons' managing partner at the end of April, is expected to join the US firm's securities and financial institutions litigation group as a partner in early September after taking a sabbatical over the summer.

    1 minute read