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  • May 15, 2008 |

    Performance scrutinised as attrition rates fall

    City firms are set to take a tougher line on associate performance as they try to counteract falling staff turnover brought about by the uncertain economic climate. Partners are predicting falls in staff churn over the coming year with many typical destinations for associates - such as investment banks - freezing recruitment and associates more wary about moving.

    1 minute read

  • May 15, 2008 |

    Vinson & Elkins tops up infrastructure and energy practice with Freshfields lateral hire

    Vinson & Elkins is to bolster its London office with the hire of energy and infrastructure partner Mark Coker from magic circle firm Freshfields Bruckhaus Deringer. Coker is expected to join Vinson's energy finance group at the end of May, with his appointment taking the office to seven partners and 23 additional fee earners.

    1 minute read

  • May 15, 2008 |

    Pinsents, DLA latest firms to join City-wide hunt for new premises

    Pinsent Masons and DLA Piper are on the hunt for new London premises, becoming the latest national law firms to review their City presence.The two firms are actively looking for new premises in the City, with Pinsents hoping to unite its two offices - currently in Finsbury Square and Clerkenwell - under one roof, while DLA Piper is looking at a number of options for its London presence, including new office space. It is understood that if the firm does not go for entirely new premises it would have to have two locations in the City.

    1 minute read

  • May 14, 2008 |

    Lovells arrows in on Rothschild corporate role

    Lovells has landed its first major corporate deal for Rothschild, advising the bank on its sale of Five Arrows Commercial Finance to GE Commercial Finance. The deal, which is for an undisclosed sum, saw Lovells private equity partner Tom Whelan head up the team. He was assisted by pensions partner Katie Banks and intellectual property partner David Latham.

    1 minute read

  • May 6, 2008 |

    Brown Rudnick nabs Nabarro PE chief

    Brown Rudnick has bolstered its London transactional capability with the hire of a senior partner from City firm Nabarro. Roger Gregory, who headed up the top 30 UK firm's private equity practice, joins the US firm's City corporate team as a partner.

    1 minute read

  • April 30, 2008 |

    The price is right

    Although just a snapshot of the way in which professionals approach the delicate issue of pricing legal work for clients, a recent survey of 260 transactions at a leading mid-market law firm revealed that 72% of quotes were under the final amount billed, by an average of 21%. An additional 12% was also written off before the client's bill was submitted.

    1 minute read

  • April 29, 2008 |

    A&O has best law firm website, finds poll

    Allen & Overy (A&O) is the law firm with the website most likely to win business, according to the findings of a new survey. The magic circle giant finished with the highest overall score in the Intendance Fast 50 annual survey ahead of Nabarro, Freeth Cartwright and Herbert Smith.

    1 minute read

  • April 24, 2008 |

    Manchester's Pannone promotes bumper nine

    Manchester firm Pannone has revealed a bumper haul of new partners in its 2008 round of promotions, with nine making the step up to salaried partner status. Of the nine new partners, three are women - commercial lawyer Claire Alden commercialm, personal injury specialist Joanne Berry and Claire Smith in business development.

    1 minute read

  • April 24, 2008 |

    OFT strikes blow in landmark overdraft fees case

    The Office of Fair Trading (OFT) has scored a victory in the High Court against some of the City's top law firms regarding the fees charged by banks for unauthorised overdrafts. Mr Justice Andrew Smith ruled today (24 April) in favour of the OFT, which argued that the charges are subject to the Unfair Terms in Consumer Contracts Regulations 1999.

    1 minute read

  • April 21, 2008 |

    College of Law set for 2009 Manchester launch

    The College of Law has announced plans to open up a new centre in Manchester. The newest arm of the education provider will open its doors to students in September 2009 and will run both the Legal Practice Course and Graduate Diploma in Law.

    1 minute read