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  • July 13, 2011 |

    Aviva set to launch European panel as new GC joins from GE

    Aviva is set to put together an inaugural European legal panel after hiring GE Capital's Monica Risam as the global insurer's first European general counsel. Risam, the former global GC of GE Capital's Working Capital Solutions division, joined Aviva's London headquarters last month to take up the newly-created role.

    1 minute read

  • July 13, 2011 |

    BNP Paribas GC launches global panel review with expansion aim

    BNP Paribas has kicked off its first global panel review since bringing in the former head of Herbert Smith's Paris banking practice, Georges Dirani, in October 2010 as general counsel. The France-headquartered bank sent out a tender document to more than 20 firms last month, with a view to increasing the size of the roster to take into account the bank's geographic reach.

    1 minute read

  • July 13, 2011 |

    In strictest confidence – how legal privilege is taking a key role in negligence claims

    Legal professional privilege may be a mainstay of most common law legal systems and arguably the basis on which many high-profile cases are lost or won, but rarely does it enjoy the limelight itself, writes Caroline Hill

    1 minute read

  • July 13, 2011 |

    Brown Rudnick boosts London with Chadbourne partner hire

    Brown Rudnick has strengthened its European bankruptcy and restructuring team with a partner hire from the London office of Chadbourne & Parke. Insolvency partner Adrian Harris is set to join Brown Rudnick's London office in August, having been a partner at Chadbourne since 2006.

    1 minute read

  • July 7, 2011 |

    Ashurst sees PEP rise 5% as top of lockstep breaks £1m

    Ashurst has unveiled a single-digit rise in revenues and profits, with profits per equity partner (PEP) at the City firm climbing to £723,000.The firm's turnover for the 2010-11 financial year stood at £303m, an increase of 3.4% from last year's figure of £293m.

    1 minute read

  • July 6, 2011 |

    Five firms win first-time spots on new Santander UK legal panel

    Bird & Bird, Wragge & Co and Taylor Wessing are among five firms to have been added to Santander's own-account panel in the UK following a three-month competitive tender process. Santander turned to online procurement company Aquanima to handle the first review of its merged UK panel since 2009, which covers the legacy Abbey, Alliance & Leicester and Bradford & Bingley brands.

    1 minute read

  • July 4, 2011 |

    CC and A&O lead on Greater London Authority's Crossrail funding deal

    Clifford Chance (CC) and Allen & Overy (A&O) have taken lead roles as the Greater London Authority (GLA) becomes the first local authority to tap the bond markets since the mid-1990s, with a £600m issue to help fund London's Crossrail project. The bonds will be issued through a special purpose vehicle set up by Lloyds Bank Corporate Markets, which is specially targeted at local authorities.

    1 minute read

  • July 1, 2011 |

    Elite US trio added to Barclays panel after review of bank's advisers

    Barclays has added three US firms to its general advisory panel, following a comprehensive panel review intended to increase value for money from the bank's regular advisers. Cleary Gottlieb Steen & Hamilton, Shearman & Sterling and Sullivan & Cromwell have been added to the bank's main general advisory panel after Barclays decided to include the creation of a US sub-division for the first time.

    1 minute read

  • June 29, 2011 |

    Gateway to the East? Much is riding on tie-ups Down Under

    News that Ashurst has become the latest City law firm looking to stretch its international reach into Australia has got a market already stirred up by the entrance of two magic circle firms within the last 18 months more than a little excited. And that's even before taking into account an abundance of reports about other British law firms courting Australian outfits, such as City rival Herbert Smith.

    1 minute read

  • June 22, 2011 |

    Ashurst sets sights on strategic Australia deal

    Ashurst has become the latest UK practice to set its sights on the Australian legal market, with the City law firm currently assessing its options in the strategically important jurisdiction. Internal sources have cited the most ambitious option as pursuing a tie-up with leading Australian law firm Blake Dawson, with which Ashurst has held exploratory discussions.

    1 minute read