Europe/UK - Page 201

Regulator resignation heralds end of era of bank-bashing

The abrupt resignation of UK regulator Martin Wheatley - seen as the head of the 'bankers are bad' regime - is being greeted with sober welcome in public but rejoicing in the back rooms of the City of London institutions.

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Survey shows majority junior lawyers feel fulfilled despite career concerns

Most junior lawyers are fulfilled in their professional lives and enjoy a reasonably healthy work/life balance, despite some concerns over bonus schemes, the quality of management and career prospects.

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City firms view SRA training proposals with suspicion

In a report by the Law Society, City firms warn that proposals to change legal training by the Solicitors Regulation Authority are potentially dangerous to the UK law industry's global reputation.

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Town halls could house UK courts as part of plan to cut 10pc of buildings

The Ministry of Justice is consulting between now and October on proposals which could see 91 of its English and Welsh courts shut and a further 31 combined - as part of a cost-cutting move - but innovation could become part of the answer.

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WilmerHale cuts London city office to refocus on disputes in UK

The 1,000-lawyer US law firm is saying farewell to some of its partners, including London City head Joe Pillman, in a move which sees the end of a City-based practice that had 50 lawyers.

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Reed Smith in mourning as construction partner Lynne Freeman passes away after short illness

A construction lawyer who helped quadruple the size of her team in five years, the women's champion known for her stylish dress, Lynne Freeman has died, just six weeks after sending her last message on Twitter.

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Linklaters managing partner in mandate to review Lloyds Bank legal function

According to bank insiders, Linklaters managing partner Simon Davies may have received a mandate to review Lloyds Bank's legal function as one of his first tasks in his new role as chief people, legal and strategy officer.

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Law firms using Costs Lawyers more than ever

In the aftermath of the Jackson reforms, Costs Lawyers are seeing an increase in their work as law firms struggle to deal with the complexities of budgeting.

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SME law firm equity partners earn less than salaried partners

Despite an improving economy, some partners at small UK firms are seeing no improvement in pay.

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Chadbourne adds seventh energy lawyer in London in a year

Chadbourne & Parke has increased its 100-lawyer global energy team by the recruitment of two partners from DLA Piper in the last month - Ben Donovan in June and Ursula Owczarkowski this week.

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Decline in UK law firm merger activity

UK law firms are now merging for growth instead of financial necessity, according to research evidencing a decline in the number of mergers last year.

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Latham PE partner to join Morrison & Foerster as London corporate head

Latham & Watkins private equity and M&A partner Graeme Sloan has joined Morrison & Foerster as the firm's global M&A co-chair and London corporate head.

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UK launches robot research venture with ethics focus

Building in ethical controls over robots is a main theme of a UK scheme aimed at fulfilling plans to excel in robotics as one of the country's 'eight great technologies'.

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Towry completes Ashcourt Rowan acquisition with hire of its GC

Wealth manager Towry has named Ashcourt Rowan's Rehana Hasan its general counsel, after the company acquired rival Ashcourt in May.

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Law firm business working hours shows rapid rise in UK

Law firms have topped a UK poll which shows the sectors most likely to have increased their business hours - in terms of receiving calls from clients - since 2012.

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Proskauer's expansion continues with hire of DLA finance partner Griffith

Proskauer Rose's City office has boosted its finance practice with DLA Piper's leveraged finance and banking partner Alexander Griffith, having hired Baker & McKenzie's private equity rainmaker Bruno Bertrand-Delfau last week.

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Kirkland recruits London head of tax from Weil Gotshal

Weil Gotshal & Manges has lost its head of tax in London, private funds expert Jonathan Kandel, to Kirkland & Ellis.

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UK businesses are 'dangerously late' preparing for EU Data Regulation

Major data protection changes are looming with UK business poorly prepared for the European regulatory regime.

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Business and consumer insurance set for change through Insurance Act

The UK has waited a century for the major reforms that make up the Insurance Act and two other important Acts of Parliament, says BLM consultant David Hertzell.

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Q&A John Cush of Direct Line Group

John Cush is a solicitor in the Claims, Dispute Resolution and Risk in Group Legal at Direct Line Group in the UK.

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