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  • December 4, 2013 |

    Cleary, Slaughters and KWM act on banks' €1.7bn rate-rigging settlement

    Cleary Gottlieb Steen & Hamilton, Slaughter and May and King & Wood Mallesons SJ Berwin (KWM) have taken roles as eight global banks reach a settlement with the European Commission (EC) for forming illegal cartels to rig interest rate derivatives. The EC today (4 December) fined eight banks - including the Royal Bank of Scotland (RBS) and Deutsche Bank - a total of €1.7bn (£1.4bn) for their roles in rigging interest rates in euro- and Japanese yen-denominated derivatives.

    1 minute read

  • December 3, 2013 |

    Pinsent Masons to scope Australian market entry

    Pinsent Masons has hired the chief executive of Australian law firm Maddocks to lead a review of opportunities for a launch down under. David Rennick will join Pinsents as a consultant early next year, with the task of presenting partners with a set of recommendations on opportunities in the Australian legal market. A spokesperson for Pinsents said: "We have made excellent progress towards achieving our vision of becoming a law firm of truly international reach, and as part of that programme of growth are giving careful consideration to how we can capitalise on opportunities in the Australian market."

    1 minute read

  • November 27, 2013 |

    TLT's Manchester office hires 30-strong team from Irwin Mitchell

    TLT has boosted its Manchester office with the hire of a 30-strong team - including six partners - from Irwin Mitchell. The multi-practice group, which also includes solicitors, paralegals and support staff, will move to TLT before the end of the year.

    1 minute read

  • November 26, 2013 |

    Taylor Wessing and KWM among firms appointed to property developer panel

    Real estate developer group Essential Living has appointed ten firms to its inaugural legal panel, following a three-month competitive tendering process. Taylor Wessing and King & Wood Mallesons SJ Berwin have both been appointed "with an over-arching brief" to provide corporate, finance and delivery advice.

    1 minute read

  • November 22, 2013 |

    Pinsents joins campaign to tackle youth unemployment

    Pinsent Masons has joined a campaign asking companies to commit to having at least 5% of their workforce on a formalised apprentice scheme, sponsored student or graduate programme.

    1 minute read

  • November 15, 2013 |

    Irwin Mitchell expands PI offering with acquisition of Manchester boutique

    Irwin Mitchell has acquired Manchester firm McCool Patterson Hemsi (MPH) Solicitors, as part of a concerted push into the personal injury (PI) and claims markets.

    1 minute read

  • November 7, 2013 |

    Hong Kong to give green light to LLP structures next year

    Law firms practising in Hong Kong could be permitted to establish limited liability partnerships (LLPs) from next year under new rules being drawn up by the Law Society of Hong Kong. A law bringing local liability regulations in line with international frameworks is expected to come into force in the next 12 months after additional legislation is approved by Hong Kong's Legislative Council (Legco), the city's solicitor-general Frank Poon has indicated.

    1 minute read

  • November 7, 2013 |

    The Transfer Window: recent moves including Taylor Wessing, Slaughters and Osborne Clarke

    The Transfer Window is a regular round-up of recent legal moves in the UK and abroad. Please send all announcements to [email protected].

    1 minute read

  • November 7, 2013 |

    CMS latest to target Turkey with Istanbul launch

    CMS has become the latest firm to move into the fast-growing Turkish market after launching an office in Istanbul. CMS Cameron McKenna corporate partner and international head John Fitzpatrick will lead the office, alongisde CMS Reich-Rohrwig Hainz commercial local partner Doene Yalcin.

    1 minute read

  • November 6, 2013 |

    Eversheds and Baker Botts lead as Siemens spins off turbine unit

    Eversheds and Baker Botts have landed key roles on Siemens' joint venture with energy services company Wood Group, which will create a $1bn (£624m) oil and gas rotating equipment business. Aberdeen-based Wood Group is spinning off the majority of its maintenance and power solutions operation into a joint venture with the German company.

    1 minute read