Filter This View

  • February 9, 2012 |

    Outside the citadel - are you ready for a career after law?

    Despite mounting pressure to retire early, partners still struggle to forge fulfilling careers outside the legal profession. Friederike Heine reports

    1 minute read

  • February 9, 2012 |

    A&O abolishes mandatory retirement age as top law firms review policies

    Allen & Overy (A&O) is abolishing its mandatory partner retirement age of 60 as a growing number of major City law firms move away from compulsory retirement dates for partners in the UK. The City giant's move comes as research by Legal Week found that SJ Berwin, Nabarro and Holman Fenwick Willan are also currently reviewing their policies in the wake of legislative changes which have phased out default retirement ages for UK employees.

    1 minute read

  • February 9, 2012 |

    In depth - Life after law

    Are you prepared for a career post-law? A line-up of commentators advise on how partners should prepare for their retirement from the profession

    1 minute read

  • February 9, 2012 |

    All aboard - war stories from the select band of GCs to have taken exec roles

    "This is a people business. You must be able to do people; if what you like is doing intensive deals and deadlines, stay in private practice" - Caroline Hill speaks to a select band of GCs who have made the step up

    1 minute read

  • February 8, 2012 |

    Ashurst LLPs: staff costs rise £5m as top earner takes home £1.05m

    Ashurst saw a £5m increase in staff costs during 2010-11 against a 2% drop in staff count, according to the firm's limited liability partnership (LLP) accounts. The accounts, recently filed on Companies House, show staff costs rose to £127.8m last year, up from £122.3m in 2009-10. Over the same period, total legal and support staff headcount fell from 1,634 to 1,602. The firm attributed the increase in staff costs to a rise in the number of partners outside the UK treated as salaried partners under the LLP for accountancy reasons.

    1 minute read

  • February 8, 2012 |

    Mayer Brown City real estate chief joins US rival as London office head

    US firm Katten Muchin Rosenman has hired Mayer Brown City real estate head Peter Sugden as its new London managing partner. The firm said the appointment had come as part of its expansion plans in its core areas of real estate and financial services. Sugden is taking on the role one year after Katten saw its former London head, funds partner Martin Cornish, depart for K&L Gates in early 2011. Finance partner Edward Black has headed up the office in the interim period.

    1 minute read

  • February 5, 2012 |

    Ashurst makes debut for new client opposite Linklaters on $800m TPG buyout

    Linklaters and Ashurst have taken lead roles on TPG Capital's $800m (£508m) acquisition of hedge fund services company GlobeOp. Linklaters won the lead role for the buyout house, fielding a team led by corporate partner Charlie Jacobs and private equity partner Carlton Evans.

    1 minute read

  • February 2, 2012 |

    Hogan Lovells set to name London litigator as sole chairman

    Hogan Lovells has put forward London real estate litigation chief Nicholas Cheffings as the firm's new sole chair, with the appointment set to be confirmed by a partnership vote next week. Cheffings, currently the London representative on the firm's post-merger board, was also a member of legacy Lovells' partnership council prior to its May 2010 merger with US firm Hogan & Hartson.

    1 minute read

  • February 2, 2012 |

    BLP boosts finance practice with senior Dechert hire

    Berwin Leighton Paisner (BLP) has made another addition to its finance practice, with Dechert's Steve Clark set to join the firm as a partner. Clark will join BLP's real estate finance group from the US firm, where he is currently of counsel, in the coming weeks.

    1 minute read

  • February 2, 2012 |

    CC, Linklaters and SNR Denton take lead roles as Petroplus files for administration

    Clifford Chance (CC), Linklaters and SNR Denton have picked up lead roles after one of Europe's largest independent refiners, Petroplus, defaulted on $1.75bn (£1.12bn) of debt and filed for insolvency last week 
(24 January). The Swiss company's UK arm, Petroplus Refining & Marketing, a key source of petrol for London and the Southeast, instructed magic circle firm CC on the insolvency, with London restructuring partner John MacLennan taking the lead.

    1 minute read