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  • November 11, 2011 |

    CC, Slaughters join Links on Lloyds bidding battle as Co-op makes move

    Clifford Chance (CC) and Slaughter and May have taken lead roles alongside Linklaters on the bidding battle for the 632 branches that Lloyds Banking Group must offload to meet European state aid rules. The Co-operative Group, which has made a non-binding bid for Lloyds' retail branch network, is being advised by CC, with which it has a longstanding corporate relationship. The magic circle firm's team is being led by London corporate partners Hilary Evenett and Mark Poulton.

    1 minute read

  • November 10, 2011 |

    Allen & Overy posts double-digit revenue rise at half-year point

    Allen & Overy (A&O) has announced an 11% revenue hike at the half-year point, citing recent investment in key international markets as the principal driver of the double-digit growth. The firm brought in revenues of £582m for the period from 1 May to 31 October, up from the figure of £526m the firm took in during the equivalent period last year.

    1 minute read

  • November 9, 2011 |

    A&O, Ashurst, Herbert Smith join Virgin Money's £747m acquisition of Northern Rock

    Allen & Overy (A&O), Herbert Smith and Ashurst have taken roles on Virgin Money's £1bn bid for Northern Rock, the retail bank that was nationalised in 2008 after becoming one of the most high-profile UK casualties of the financial crisis. Virgin Money, part of Richard Branson's Virgin Group business conglomerate, has instructed longstanding adviser A&O on the bid. The magic circle firm is fielding a team led by corporate head Andrew Ballheimer.

    1 minute read

  • November 9, 2011 |

    Understanding why women leave the law – and finding the right way to keep them

    Ashurst's senior partner addresses reaction to the firm's pledge to boost female numbers in management roles

    1 minute read

  • November 9, 2011 |

    Top UK firms post rising revenues for first half of financial year

    Many of the UK's top law firms are reporting rising revenues for the first half of 2011-12, despite protracted instability across Europe and lingering fears of a double-dip recession. At least four firms among the UK top 30 are set to unveil double-digit increases on last year's H1 results, defying concerns prompted by the sustained upheaval in the global financial markets.

    1 minute read

  • November 9, 2011 |

    Place your bets: decision time looms in Asia

    Alex Novarese on why A&O's merger talks with Allen & Gledhill marks a key moment for the development of Singapore Inc as a key strategic hub for Asia...

    1 minute read

  • November 7, 2011 |

    Linklaters and Latham among firms on Virgin Media's debut legal panel

    Linklaters, Latham & Watkins and Sullivan & Cromwell are among a raft of firms to have won roles on Virgin Media's inaugural legal panel. The new panel, which will take effect from next year, also includes Ashurst and US firm Fried Frank, both of which are existing advisers to the company.

    1 minute read

  • November 4, 2011 |

    Slaughters and Bakers check in on Lufthansa's sell-off of BMI airline

    Slaughter and May and Baker & McKenzie are advising on Lufthansa's sale of British Midland International (BMI) to British Airways owner International Consolidated Airlines Group (IAG). Bakers is acting for Lufthansa, the owner of BMI, which operates flights to Europe, the Middle East and Africa.

    1 minute read

  • November 4, 2011 |

    A&O, Ashurst and Herbert Smith join Virgin's $1bn Northern Rock bid

    Allen & Overy (A&O), Herbert Smith and Ashurst have taken roles on Virgin Money's £1bn bid for Northern Rock, the retail bank that was nationalised in 2008 after becoming one of the most high-profile UK casualties of the financial crisis. Virgin Money, part of Richard Branson's Virgin Group business conglomerate, has instructed longstanding adviser A&O on the bid. The magic circle firm is fielding a team led by corporate chief Andrew Ballheimer.

    1 minute read

  • November 2, 2011 | International Edition

    Generation game - the young lawyers following in their parents' footsteps

    "You would have thought they would have seen their parents and learned their lesson..." - Despite seeing the long hours and hard work their parents put in, many offspring are not put off from following them into law, writes Georgina Stanley...

    1 minute read