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  • January 24, 2013 |

    Magic circle duo post marginal dips in spring NQ intake

    Magic circle duo Freshfields Bruckhaus Deringer and Slaughter and May have posted marginal drops in trainee retention rates for their spring intakes, posting figures of 85% and 86% respectively.

    1 minute read

  • January 22, 2013 |

    A&O joins host of firms announcing trainee retention rates

    Allen & Overy (A&O) has become the latest to confirm its spring trainee retention rates, with the magic circle firm seeing the number staying on dip to 70%. The firm offered 38 of its 53 newly-qualified (NQ) lawyers a role, with 37 of these accepting.

    1 minute read

  • January 22, 2013 |

    Magic circle duo lines up on £1bn Virgin Money credit card deal

    Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have advised on Virgin Money's acquisition of £1bn of credit card assets from Bank of America subsidiary MBNA.

    1 minute read

  • January 18, 2013 |

    Paul Hastings hires Weil London capital markets head

    Paul Hastings' London office has hired Weil Gotshal & Manges local capital markets and hedge fund head James Cole for its securities and capital markets practice. Cole, who will formally join the firm on 1 March, advises clients including investment banks, hedge funds and financial institutions on all aspects of capital markets transactions and distressed investment opportunities.

    1 minute read

  • January 17, 2013 |

    Line-up of law firms win places on long-awaited Government super-panel

    Eversheds, Ashurst and DLA Piper are among more than 25 law firms appointed to the long-awaited Government Procurement Service (GPS) legal panel following the conclusion of a lengthy and much-delayed review. The overhaul of the panel – formerly known as Catalist – was originally launched in September 2010 in a bid to reduce Whitehall's legal spend and cut back the number of firms used by Government departments.

    1 minute read

  • January 17, 2013 |

    Law Society backs targets to boost senior female lawyer ranks

    The Law Society has called on law firms to introduce targets to boost the number of female lawyers in senior roles, in a wide-ranging report canvassing almost 1,200 lawyers around the world. The recommendation is one of a number of proposals put forward in the report by the representative body, which last week presented the survey's findings at a women in law summit held at its City base.

    1 minute read

  • January 17, 2013 |

    Better out than in – how Carillion's legal process outsourcing venture worked wonders for the company

    Last year, Carillion launched a legal process outsourcing venture to help the company tackle its huge volume of employment work. Legal head Richard Tapp talks to Caroline Hill about how his unusual approach has brought about myriad opportunities...

    1 minute read

  • January 17, 2013 |

    Ladbrokes bets on change with major panel review and end to hourly billing

    Gaming group Ladbrokes has completed a sweeping overhaul of its external counsel that slashes its adviser roster, marks a major departure from hourly billing and deploys technology to bolster efficiency. Slaughter and May, SJ Berwin, Clyde & Co and South West firm Trethowans are among the primary appointees to the FTSE 250 company's legal panel.

    1 minute read

  • January 17, 2013 |

    BA cross case throws legal spotlight on discrimination questions

    The closely-watched ruling in the case of a British Airways (BA) employee who was ordered to stop wearing a cross at work has been met with broad approval from lawyers, with the high-profile case raising important questions about how employers handle the religious beliefs of their staff. The European Court of Human Rights (ECHR) this week ruled that BA had discriminated against check-in worker Nadia Eweida, who was sent home without pay for several months in 2006 after refusing to conceal or remove her cross.

    1 minute read

  • January 16, 2013 |

    Australia's Gadens launches in Singapore with CC hire

    Australian law firm Gadens has launched an office in Singapore with the hire of Clifford Chance (CC) energy and resources counsel Marc Rathbone to lead the new base. Rathbone was appointed managing partner of the office at the beginning of January, when it officially opened.

    1 minute read