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  • September 16, 2009 |

    Investment manager adds Addleshaws to legal panel

    Addleshaw Goddard has been appointed to the F&C REIT Asset Management legal panel for the first time. The national firm has been appointed alongside regular adviser Olswang, with the appointment coming after a competitive tender process involving some eight firms.

    1 minute read

  • September 16, 2009 |

    Proskauer seals 'coup' with hire of Travers investment funds chief

    Travers Smith is set to lose the head of its investment funds group, Bob Barry, to the London arm of US practice Proskauer Rose. Barry, who has been a partner at Travers since 2003, advises on fund formations for private equity, real estate, fund of funds and hedge fund clients. In the past, he has advised groups including RBS Asset Management and Silverfleet Capital Partners.

    1 minute read

  • September 9, 2009 |

    Reed Smith hires Addleshaws duo for finance push

    Reed Smith has bolstered its financial industry group (FIG) in the UK with the hire of two banking partners from Addleshaw Goddard. Phillip Slater and Lucy Newcomb are set to join Reed Smith's City acquisition finance practice. Slater has been a partner with Addleshaw since 2005 while Newcomb was promoted last year.

    1 minute read

  • September 9, 2009 |

    Pinsents signs deal to broker litigation insurance

    Pinsent Masons has sealed a groundbreaking deal with a major insurer that makes it one of the first major law firms with authority to broker after-the-event (ATE) insurance for commercial litigation clients. The national law firm signed a deal with FirstAssist Legal Protection to launch a package called CaseCover earlier this month (1 September). The package gives the firm delegated authority to insure an unlimited number of commercial litigation cases.

    1 minute read

  • September 7, 2009 |

    Barclays appoints Herbert Smith partner as deputy group GC

    Barclays has appointed Herbert Smith partner Michael Shaw to the role of deputy group general counsel. Shaw is a prominent lawyer in Herbert Smith's corporate practice, having advised on a string of major bids in recent years, including acting for EdF on its £12.5bn takeover bid of British Energy and for the investment banks advising Rio Tinto on BHP Billiton's $147bn (£89.6bn) hostile bid.

    1 minute read

  • August 19, 2009 |

    Addleshaws signs up two partners for disputes push

    Addleshaw Goddard has recruited two litigation partners from the London arm of Winston & Strawn, it has emerged. Winston UK litigation practice head Jamie Harrison and partner Kent Philips, both of whom specialise in commercial litigation and international arbitration, will join Addleshaws as partners in September.

    1 minute read

  • August 7, 2009 |

    Pupillage salaries at top sets rocket

    Several top commercial barristers' chambers are set to increase their pupillage salaries dramatically. Leading the way is One Essex Court, which will pay each of its four new recruits commencing pupillage in October 2010 a salary of £60,000 - a 33% increase on the £45,000 award that the set's pupils currently receive.

    1 minute read

  • July 30, 2009 |

    Pro bono with a point – assistants should help find the rough diamonds aspiring to law

    Last week's report on the professions by Alan Milburn, which criticised the legal profession for failing to deliver on social mobility, has generated plenty of debate. But when it comes down to it, the main barrier preventing candidates from poorer backgrounds from getting into a career in law is firms' requirement that recruits obtain a minimum A-level score (usually 320 UCAS points, or ABB).

    1 minute read

  • July 30, 2009 |

    National firms fall behind top 50 peers

    National firms have emerged as below-trend performers in the UK for a second year running, with reduced workflow resulting in widespread job cuts and plunging profitability in 2008-09. The top 10 national and regional firms saw turnover contract by 2.3% during the last financial year, compared with an increase of 10.4% in 2007-08, and revenue growth of just under 3% across the top 50 as a whole. Profits per equity partner (PEP) fell by 23.9%, against a marginal increase in PEP the previous year and a 17% drop across the top 50.

    1 minute read

  • July 29, 2009 |

    Pro bono with a point - assistants should help find the rough diamonds aspiring to law

    Last week's report on the professions by Alan Milburn, which criticised the legal profession for failing to deliver on social mobility, has generated plenty of debate. But when it comes down to it, the main barrier preventing candidates from poorer backgrounds from getting into a career in law is firms' requirement that recruits obtain a minimum A-level score (usually 320 UCAS points, or ABB).

    1 minute read