The Belgian office
of magic circle firm Freshfields continues to build on its growing reputation.
The group of 18 new partners — an increase of two on last year — features six London lawyers, including structured finance senior associate Richard Hart, whose promotion comes after the recent review
of the magic circle firm's finance offering.
Freshfields Bruckhaus Deringer veteran Mark Rawlinson is one of the best - known M&A partners in the City, holding a number
of the magic circle firm's biggest client relationships
John Terzaken, co-head of the global competition practice at Allen & Overy (A&O) and head
of the magic circle firm's investigations and litigation practice in Washington, is poised to join Simpson Thacher & Bartlett as a partner.
The dramatic exit represents one of the most significant departures ever seen from the foreign network
of a magic circle firm.
A quartet of Freshfields Bruckhaus Deringer Tokyo lawyers have left to form a new Japanese boutique, which will become part
of the magic circle firm's global relationship firms network.
Their exit, at that time considered among the most dramatic departures ever seen from the foreign network
of a magic circle firm, marked the start of a new trend in Asia.
Billable hours will no longer be the deciding factor in determining associate bonuses at the London office
of magic circle firm Clifford Chance...
Nawroth was formerly co-head
of the magic circle firm's sub-sector global power and utilities group, and infrastructure funds group.
Linklaters is advising the bank — the UK's second - largest lender and a long - term client
of the magic circle firm — on the issue, announced yesterday (22 April), which comes with RBS set to announce write - downs of # 5.9 bn in sub-prime-related assets.
Freshfields Bruckhaus Deringer's London aviation finance team is leaving to join US firm Holland & Knight, following a review
of the magic circle firm's wider finance practice that will result in a number of partners leaving by the end of the financial year.
Bates, who has been London finance head for the last seven years, will take up a four - year term at the helm
of the magic circle firm's City office on 1 January next year.
He was part
of the magic circle firm's team that acted for Barclays on ABN Amro's # 80bn merger bid for the bank in 2007, while he also advised Kraft Foods on its # 11.5 bn hostile takeover of Cadbury in 2011.
Frankfurt office
of magic circle firm targeted by German prosecutors investigating tax evasion
«The advantage
some of the magic circle firms have is the depth of their regulatory practices.»
The leaders
of magic circle firms Clifford Chance, Allen & Overy and Linklaters are among the signatories to a document promising to up efforts to tackle corruption in the sector.
London - based Clifford Chance and Allen & Overy are the first
of the magic circle firms to release their associate bonuses for their U.S. associates.
Not exact matches
The top 30 law
firms made up fewer partners this year, while there was a worrying dip in the number
of women promoted at the
magic circle.
Slaughter and May has become the third
magic circle firm to announce its March trainee offer rate, with the
firm offering positions to 92.5 %
of those applying.
Fellow
magic circle firm Linklaters announced a deal with rival technology company RAVN in May, allowing its lawyers to use RAVN's services for a number
of automated tasks.
Freshfields Bruckhaus Deringer has become the third
magic circle firm to confirm its trainee retention rate for its spring intake, posting a figure
of 80 %
Magic circle firm keeps on 38 out
of 40 trainees following its announcement
of increased bonuses for top associates
The
magic circle firm's annual corporate responsibility report values the time invested in pro bono work at # 19.2 m. Lawyers at the
firm spent a total
of 55,348 hours on pro bono matters during 2012 - 13, up from 50,324 hours in the previous year.
Magic circle firm called in to advise Monaco - based Unaoil over allegations
of corruption and money laundering
Corporate leader Marchant to retire as
magic circle firm appoints new London head
of transactions
Magic circle firm appoints competition partners to lead 40 - strong group
of lawyers around the world
The
magic circle firm will recruit 85 trainees per year as
of 2015, down from the current annual intake
of 90.
The figures are contained within CC's annual corporate responsibility report, which states that the
magic circle firm invested a total
of 58,368 hours in pro bono and community activities during the year, up 2 % from the figure
of 57,071 hours reported last year.
CC is one
of London's exclusive «
magic circle»
firms, a merry quintet
of top - notch players traditionally known for their corporate and finance panache.
Revenue at the U.K.'s
magic circle firms suffered a decline
of 11 percent for the fiscal year ended April 30.
Freshfields is one
of the world's most accomplished
firms and a member
of the British elite «
magic circle»
firms.
Of the other
magic circle firms, both Freshfields Bruckhaus Deringer and Slaughter and May have told Legal Week they will not release partner data.
The
magic circle firm's latest partner promotions, announced last week, included City competition lawyer Kerry O'Connell, who will move from London to Brussels before the end
of the year.
The
magic circle firm joins existing panel
firms Hogan Lovells, Slaughter and May, DLA Piper, Charles Russell Speechlys, Squire Patton Boggs, Olswang and Wiggin, all
of which have retained their places.
Linklaters has become the first
magic circle firm to announce its 2016 - 17 results, posting a 7.8 % hike in profits per equity partner (PEP) alongside a revenue rise
of almost 10 %.
And though
magic circle firms may expect to be in prime position for UK government work relating to Brexit, Hamilton says he expects to win a slice
of this regulatory work.
Latham & Watkins has sealed the hire
of Allen & Overy (A&O) M&A partner Edward Barnett, in the latest in a series
of magic circle recruits for the expansive US
firm.
He spent almost 10 years as a partner at the
magic circle firm, where he was one
of the
firm's global telecommunications, media and technology sector leaders.
In addition to advising on a $ 2bn (# 1.6 bn) power project in Pakistan as part
of the China - Pakistan Economic corridor programme championed by the Chinese government, the
magic circle firm's energy team has been representing global and Chinese sponsors on several complex projects in Indonesia and Singapore.
Contrast these comments with what one GC says, witheringly,
of the
firm he has used most often: «This is a
magic circle law
firm with great lawyers.
The
firm, which last month became the first
of the
magic circle to file its gender pay gap report, revealing a pay gap
of 23 % for non-partner employees, has now announced that when including partners, the overall gender pay gap for all employees and lawyers rises to 60.3 %.
The rise in NQ salaries makes it the
magic circle firm with the highest base salary for NQ lawyers
of the three that have so far announced their salaries for 2016 - 17.
The
magic circle firm is expected to open in the city in September with an initial team
of five lawyers, but this figure is set to increase to 10 within a year.
The
magic circle firm took pole position in the ranking
of firms by total deal value for all four quarters
of 2015 but has fallen to 18th place for the first three months
of this year.
Dinamani is following in the footsteps
of Ashurst's former head
of corporate Stephen Lloyd, who joined the
magic circle firm's corporate group as co-head
of its private equity practice after resigning in November.
The corporate star has been a partner at the
magic circle firm since 2001, and recently co-led CC's team that advised the controlling shareholders
of AB InBev on its $ 275bn (# 177bn) merger with rival SABMiller.
The vote, news
of which was first revealed last week, was largely seen as a formality after the
magic circle firm successfully courted the private equity star, despite interest from US outfits including Simpson Thacher & Bartlett.
Before that, Steven trained with and was a solicitor in the London banking department
of one
of the UK's «
magic circle» law
firms.
He joined Monckton Chambers in 2012 following 10 years
of practice at the Advisory Centre on WTO Law (an international organisation which represents States in WTO disputes) in Geneva and within the international arbitration group
of a
magic circle law
firm in London.
As a lawyer at one
of the «
magic circle»
of leading corporate legal
firms, Matthew Courtney was expected to work 16 hours a day, seven days a week.