• July 15, 2010 |

    Slaughters and Hammonds tap in for roles on £558m plumbing company buyout

    Slaughter and May and Hammonds have taken lead roles advising Travis Perkins on its £558m acquisition of BSS Group. The magic circle firm advised the building merchants as a new client on the cash and share acquisition of plumbing and heating company BSS Group.

    1 minute read

  • July 14, 2010 |

    CC increases retention rates to 79% for September qualifying intake

    Clifford Chance (CC) has improved its trainee retention rates with 79% of September qualifiers due to remain with the magic circle firm. The offer rate at the firm stood at 82%, as CC offered 60 jobs to 73 qualifiers, from which 58 have accepted a role with the firm. The numbers mark an improvement of almost 10% on the rates at the City giant in March this year and in September 2009, when the retention rate stood at 70% on both occasions.

    1 minute read

  • July 14, 2010 |

    Light at the end of the the tunnel or storm clouds ahead - senior lawyers reflect on a volatile market

    Lawyers from top 50 firms assess the market over the last 12 months and make predictions for the year ahead...

    1 minute read

  • July 7, 2010 |

    M&A lawyers still waiting on full-blown recovery as deal flux continues in H1

    Deal activity managed a modest revival in the first half of the year after a dire start to 2009 but continued market turbulence in the second quarter of 2010 has kept M&A lawyers waiting for a robust recovery. Research from Legal Week's data provider Mergermarket shows that bid activity edged up in the first half of the year. Global deal volume was up 12% against H1 2009, while deal value rose by 6%; in Europe volumes were up 6% over the same period while bid value rose by 23%.

    1 minute read

  • July 1, 2010 |

    Ashurst corporate head steps down as firm names global practice chief

    Ashurst corporate head Adrian Clark has stepped down from his role as the firm appoints Stephen Lloyd to the newly-created position of global head of corporate. Lloyd, the former managing partner of the London corporate department, will take up the new role of global head of corporate, which will see him lead the firm's corporate strategy as well as overseeing the day-to-day running of the global corporate practice. At the same time, fellow corporate partner Simon Beddow has been appointed to the new role of European managing partner of corporate.

    1 minute read

  • June 30, 2010 |

    CC partner joins Allens Arthur as Aussie leader bulks up in Singapore

    Australian firm Allens Arthur Robinson has bulked up its Singapore arm with the hire of Clifford Chance (CC) finance partner Rod Howell and the relocation of three partners from across its offices. Howell rejoins the Slaughter and May 'best friends' firm after he left in 1997 to join CC, where he made partner in 2005.

    1 minute read

  • June 29, 2010 |

    UK top 30 trainee retention stable as results reveal rates above 90%

    Initial indications show trainee retention rates at the UK's leading law firms are largely stable as a number of firms announce the proportion of September qualifiers to be offered places. Top performers include Slaughter and May, which has posted a 93% retention rate, with the firm set to keep 57 of a total 61 qualifiers after 60 applied for a position.

    1 minute read

  • June 25, 2010 |

    Slaughters and A&O check out for Ocado IPO

    Slaughter and May and Allen & Overy (A&O) have taken a lead role as online grocer Ocado looks to go public. Slaughters is taking the lead for the retailer, which is offering employees and all customers who have spent more than £300 with Ocado since the beginning of the year the chance to invest, in addition to institutional investors.

    1 minute read

  • June 23, 2010 |

    White & Case and Slaughters line up to advise on $2.5bn offshore engineering acquisition

    White & Case has taken the lead alongside a raft of international firms on the $2.5 billion (£1.68bn) acquisition of offshore engineering company Subsea 7 by oil services company Acergy.

    1 minute read

  • June 22, 2010 |

    Slaughters and Norton Rose head Resolution's £2.75bn bid for AXA

    Slaughter and May and Norton Rose have taken lead roles on the potential £2.75bn takeover of AXA's UK life assurance business by Resolution. Slaughters is advising Resolution, the owner of life insurance firm Friends Provident, on its bid for AXA's UK life and savings operations which, if confirmed, will be funded in part by a pre-emptive £2bn rights issue by Resolution.

    1 minute read