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  • September 1, 2009 |

    Pinsents hires Ashurst vet for transport push

    Pinsent Masons has strengthened its international projects team with the hire of Ashurst head of transport Raymond Beven. Beven, who will join the national law firm as a partner in its London office later this month, will lead Pinsents' transport team, which sits within the projects and international construction group.

    1 minute read

  • September 1, 2009 |

    Ashurst and A&O win lead roles on CVA rescue deal for ailing retailer Focus DIY

    Ashurst and Allen & Overy (A&O) are among a raft of firms advising as home improvement retailer Focus DIY moves to secure a rescue deal through a company voluntary arrangement (CVA). Ashurst has been advising Focus DIY on the proposed CVA, which received more than 90% backing from creditors last month (24 August). It will see landlords of some 38 closed stores agreeing to waive rent liabilities in return for a share of a pot of money thought to be worth around £3.7m.

    1 minute read

  • August 26, 2009 |

    Ashurst restructuring chief Angel quits to join Milbank's City base

    Ashurst's head of restructuring Nick Angel is set to leave the City firm to join US player Milbank Tweed Hadley & McCloy. Angel, who has been a partner with Ashurst since 1997, is expected to leave Ashurst this week, although it is unclear when he will formally join Milbank.

    1 minute read

  • August 11, 2009 |

    Ashurst set to lose senior partner quartet from Milan office

    Ashurst is set to lose four partners in Milan, including the local office's two leaders. Daniele Raynaud, who heads the Milan office, and Riccardo Agostinelli, Milan managing partner, are both set to leave the top 10 City firm. In addition, finance partner Lorenzo Vernetti and corporate partner Stefano Roncoroni are also departing. According to Ashurst, Agostinelli and Vernetti are leaving to join one firm, while Raynaud and Roncoroni will join another, although their destinations are unknown.

    1 minute read

  • August 11, 2009 |

    Linklaters banking partner takes general counsel role at GE Capital

    General Electric subsidiary GE Capital has appointed a new general counsel with the hire of Linklaters London banking partner Neil Harnby. Harnby, who will be based in London, will oversee GE Capital's Europe, Middle East and Africa (EMEA) legal operations.

    1 minute read

  • August 10, 2009 |

    Ashurst set for restructuring boost with White & Case partner hire

    Ashurst is set to bolster its London restructuring team with the hire of White & Case partner Dan Hamilton. Hamilton - who was appointed to lead the US firm's London financial restructuring and insolvency practice last year - has informed the White & Case partnership that he will be leaving to join Ashurst.

    1 minute read

  • August 6, 2009 |

    UK elite hold on to equity as salaried partner ranks grow

    The UK's top law firms have tightened their grip on the equity, increasing equity partner count by less than 4% despite a double digit increase in overall partner numbers over the last five years. Legal Week research into partner headcount changes at the UK's largest 25 firms by revenue show that, on average, partner count grew by 16% from 2003-04 to 2008-09. However this comes against only a 3.7% increase in equity partner numbers.

    1 minute read

  • August 5, 2009 |

    Lovells to keep on 69% of September qualifying intake

    Lovells has retained 69% of its September qualifiers, placing the firm broadly in line with its City rivals. Thirty-six trainees from a qualifying intake of 40 applied for a job at the firm, with a total of 25 taken on.

    1 minute read

  • August 4, 2009 |

    Akin Gump launches Middle East investment funds practice

    Akin Gump Strauss Hauer & Feld has relocated London-based partner Robert Griffin to Abu Dhabi to launch a Middle East investment funds practice for the firm. The funds specialist has been based in London for the last five years since relocating from Akin Gump's Dallas office.

    1 minute read

  • August 4, 2009 |

    Partners back move to merit-based pay

    Leading law firms are set to move substantially towards a merit-driven pay model for assistants according to research that shows more than 90% of partners forecasting such a shift. The latest Legal Week Big Question survey found an overwhelming 96% of responding partners in favour of some form of move away from the associate lockstep system towards a merit or competency-based salary model.

    1 minute read