Addleshaw Goddard and Burges Salmon have announced their latest partner promotions, with Addleshaws seeing a sharp drop in the number of associates being made up from last year. Continue reading “Partner promotions: Drastically reduced round for Addleshaws as Burges Salmon makes up trio”
Media moves: Channel 4 general counsel Prash Naik to depart after more than two decades
Channel 4’s Prash Naik is to leave the media company just over three years after his appointment as general counsel (GC). Naik (pictured) has been at Channel 4 for almost 23 years, starting as a legal and business affairs executive and taking on positions including senior lawyer and controller of legal and compliance before landing the role of GC in 2014. Continue reading “Media moves: Channel 4 general counsel Prash Naik to depart after more than two decades”
Strategic recruitment: Latham continues litigation push with Olswang hire
After taking Quinn Emanuel Urquhart & Sullivan partner Martin Davies at the start of this year, Latham & Watkins is continuing its litigation push with Olswang partner Ian Felstead. Continue reading “Strategic recruitment: Latham continues litigation push with Olswang hire”
Fees to hit £125m for HSF client RBS as group action continues
The Royal Bank of Scotland (RBS) is set to accumulate around £125m in legal costs as it defends itself against 27,000 shareholders who lost money following its 2008 rights issue. Continue reading “Fees to hit £125m for HSF client RBS as group action continues”
Back in court: Dechert sues client Ikon Finance over fees
Just over a month after a High Court judge ruled on Dechert’s fee dispute with Eurasian Natural Resources Corporation (ENRC), the US firm has sued its client Ikon Finance over the non-payment of nearly £860,000 in fees. Continue reading “Back in court: Dechert sues client Ikon Finance over fees”
BT concludes delayed panel review with 37 firms including Magic Circle heavyweights winning places
BT has concluded its long-awaited UK and Ireland panel review, with a raft of Magic Circle firms including Allen & Overy, Freshfields Bruckhaus Deringer, Clifford Chance and Linklaters winning places on the extended roster. Continue reading “BT concludes delayed panel review with 37 firms including Magic Circle heavyweights winning places”
‘The time lag will vary’: New research shows litigation against global banks up 37%
Figures published by City firm RPC have shown a marked 37% increase in litigation against the largest 50 global banks in 2016, with the rates rising year on year. Continue reading “‘The time lag will vary’: New research shows litigation against global banks up 37%”
Scaling back: KWM pulls out of Riyadh in latest loss for global giant
King & Wood Mallesons (KWM) confirmed today (3 April) that it is closing its Riyadh office, one of two bases the firm has in the Middle East. Continue reading “Scaling back: KWM pulls out of Riyadh in latest loss for global giant”
Revolving doors: BLP and Noerr make German plays as City firms follow suit
In a week of German hires, Berwin Leighton Paisner (BLP) and Noerr have added depth to their German offices with Clyde & Co and Farrer & Co making moves closer to home. Continue reading “Revolving doors: BLP and Noerr make German plays as City firms follow suit”
