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  • November 2, 2010 |

    UK law firms await Credit Agricole decision on new global legal panel

    Credit Agricole is close to finalising its new global legal panel after a competitive tender process that kicked off over the summer, as Societe Generale begins talking to its advisers with a view to launching its own review next year. Credit Agricole's review is being led by Paris-based head of legal and compliance Martine Leimbach, with the results due before the year's end. All of the firms sitting on the existing panel were invited to pitch, including Ashurst, Baker & McKenzie and Norton Rose.

    1 minute read

  • November 1, 2010 |

    Ashurst associate joins Barclays Corporate as debt finance legal head

    Barclays Corporate has appointed a new head of legal for its debt financing division with the hire of a senior associate from Ashurst. Catherine Dauger de Caulaincourt - a former lawyer at both Clifford Chance and France's Gide Loyrette Nouel - is set to join the bank after serving her notice period at Ashurst's City HQ.

    1 minute read

  • October 27, 2010 |

    City quartet advise as private equity houses complete $1.4bn Brit buyout

    Clifford Chance (CC), Macfarlanes, Ashurst and Linklaters are among a line-up of eight law firms advising on the $1.4bn (£883m) acquisition of Brit Insurance by private equity giants Apollo Global Management and CVC Capital Partners, reports The Am Law Daily. CC, Sullivan & Cromwell and NautaDutilh are acting for the private equity consortium, with the CC team headed up by M&A partners Kem Ihenacho and Patrick Sarch.

    1 minute read

  • October 26, 2010 |

    Training and education: Join the queue

    As the latest band of students enters the milkround, they join increasing numbers of graduates struggling to make their way onto the career ladder, with rafts of companies cutting back or closing their doors altogether to graduates as they weather the downturn. For the City's largest law firms, which typically recruit for training contracts two years in advance of would-be lawyers walking through their doors, maintaining the right flow of trainees to match predicted future workflows has always been something of a juggling act.

    1 minute read

  • October 26, 2010 |

    Ashurst hires ex-Linklaters partner in capital markets practice boost

    Ashurst has boosted its debt capital markets practice with the appointment of former Linklaters partner Stephen Edlmann. Edlmann, who will join the top 10 City firm's London office next Monday (1 November) as a consultant, held several senior management roles at Linklaters, including head of international finance and co-head of equity capital markets.

    1 minute read

  • October 26, 2010 |

    Barclays brings in Nomura EMEA general counsel as retail legal head

    Barclays has hired Nomura's joint general counsel for Europe, the Middle East and Africa (EMEA) to lead the legal team for its global retail banking division. Mark Chapman is set to join Barclays later this year as general counsel for the retail division, overseeing the business's global legal function across 21 countries. The former Freshfields Bruckhaus Deringer lawyer will report to Barclays' group GC Mark Harding and chief financial officer for global retail banking Peter Estlin.

    1 minute read

  • October 20, 2010 |

    Tweet disposition - the tech-savvy lawyers making social media work for them

    Do you tweet? Among journalists the answer is becoming a given, but among City lawyers the question may be considered a little less relevant. Not so, say a host of web-literate legal advisers and in-house counsel.

    1 minute read

  • October 20, 2010 |

    Nabarro brings in SJ Berwin partner for financial regulation group

    Nabarro has moved to replenish its financial services advisory capacities with the hire of SJ Berwin partner Adrian Brown. Brown is joining the top 30 City law firm in December to head the financial services regulation group. He will replace Rob Moulton in the role, who is leaving next month to join Ashurst as a partner.

    1 minute read

  • October 20, 2010 |

    Raft of UK firms win spots on first post-merger Lloyds panel

    Lloyds Banking Group has finalised its new-look legal panel, with a raft of City names winning spots on the first combined legal adviser roster since Lloyds TSB sealed its takeover of HBOS in January 2009. Firms understood to have been appointed include regular HBOS adviser Allen & Overy (A&O) and longstanding Lloyds counsel Linklaters, with Clifford Chance (CC), Hogan Lovells, SNR Denton, Norton Rose, Herbert Smith, Ashurst, Mayer Brown, Eversheds and CMS Cameron McKenna among the other firms appointed to the roster.

    1 minute read

  • October 20, 2010 |

    Public spending cuts dent the mood but firms still expect growth

    City partners are generally upbeat about the year ahead despite a dip in overall confidence levels as the full extent of UK Government spending cuts begins to emerge, according to Legal Week research. Legal Week's quarterly business confidence survey, which canvasses senior lawyers on their outlook for the year ahead, found that nearly three-quarters (74%) of partners expect revenues at their own firm to grow over the next 12 months, with more than four in five (83%) expecting revenues across the top 50 as a whole to increase.

    1 minute read