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  • March 17, 2010 | International Edition

    Pharmaceuticals: The game changer

    The pharmaceutical industry is facing uncertain times as a once-lucrative business model buckles under a globalising world economy. Charlotte Edmond reports on the companies and lawyers battling to secure all-important intellectual property in a rapidly changing market

    1 minute read

  • March 17, 2010 |

    Partners want junior pay freeze extension

    The latest Legal Week Big Question survey has found that many partners believe assistants should either definitely or probably see the 2009 pay freeze introduced at most large law firms extended in 2010. More than a quarter (27%) said they 'very much' believe the freeze should continue, with a similar number (24%) claiming this should 'probably' happen. The majority of respondents (around one third) had mixed feelings on the subject, leaving only 15% strongly arguing that the freeze should not continue.

    1 minute read

  • March 17, 2010 |

    Pharmaceuticals: The game changer

    The pharmaceutical industry is facing uncertain times as a once-lucrative business model buckles under a globalising world economy. Charlotte Edmond reports on the companies and lawyers battling to secure all-important intellectual property in a rapidly changing market

    1 minute read

  • March 17, 2010 |

    Milbank sees partner profits rise by 5% against fall in revenues

    Milbank Tweed Hadley & McCloy has posted increased partner profits for 2009, despite a slight dip in revenue, reports The Am Law Daily. The firm's turnover fell by 3% to $601.5m (£391.7m), while the number of lawyers dropped by 8% and the firm's partnership shrank by 3.5%.

    1 minute read

  • March 17, 2010 |

    Addleshaws heads up 2010 trainee retention rankings with 89% of March intake kept on

    Addleshaw Goddard retained the highest number of March 2010 qualifying trainees in the UK top 30, with the national law firm keeping 89% of its intake. The firm kept on eight of the nine trainees qualifying and 100% of those applying for jobs, putting its retention rate narrowly ahead of those recorded by Nabarro and Wragge & Co and significantly above the 75% average across the top 30 as a whole.

    1 minute read

  • March 10, 2010 |

    Dealmaker: Steven Fox

    Ashurst corporate partner Steven Fox takes wise counsel from The Hungry Caterpillar...

    1 minute read

  • March 10, 2010 |

    Ashurst acts for Winterflood on appeal against £4m FSA fine

    Ashurst and Blackstone Chambers have represented Winterflood Securities on the trading company's bid to overturn a 2008 market abuse ruling by the Financial Services Authority (FSA). Ashurst litigation partner Edward Sparrow instructed Blackstone Chambers' Charles Flint QC on the appeal against the ruling, which saw Winterflood fined £4m for an "illegal share-ramping scheme" carried out in 2003-04.

    1 minute read

  • March 3, 2010 |

    Milbank names tax partner as new City head with brief to grow

    Milbank Hadley Tweed & McCloy tax partner Russell Jacobs has been named as head of the US firm's London office. The appointment sees Jacobs assume responsibility for running the firm's City arm, while previous post-holder, project finance partner Phillip Fletcher, devotes his attention to his existing role as Milbank's European chair.

    1 minute read

  • March 3, 2010 |

    Ashurst Rusal contact partner joins Stephenson Harwood corporate team

    Stephenson Harwood has strengthened its City corporate practice with the hire of Ashurst corporate and commercial partner Andrew Edge. Edge has been with Ashurst for 17 years and has been a partner since 2002. He recently took an English law role on Rusal's $3bn (£2bn) Hong Kong listing, which went live earlier this year.

    1 minute read

  • March 3, 2010 |

    Ashurst leads on insurer's planned £450m IPO amid turbulent market

    Ashurst has advised product insurer CPP Group on its proposed £450m initial public offering (IPO). CPP, which runs insurance schemes for mobile phones and credit cards, has announced that it is planning to float on London's main market next month.

    1 minute read