legalweek
Clifford Chance (CC) is set to keep on 76% of its March newly-qualified lawyers, significantly lower than magic circle rivals Allen & Overy and Freshfields Bruckhaus Deringer and the firm’s own equivalent figure for 2011.CC will keep on 39 trainees from an intake of 51, 48 of [...]
Clifford Chance trainee retention dips to 76% as Ashurst keeps on 78%
Shearman seals hire of Ashurst energy partner for London office
legalweek
Shearman & Sterling is set to bulk up its London projects practice with the hire of Ashurst energy partner John Inglis.
Inglis, who joined Ashurst from Norton Rose in 2007, is a member of the firm’s energy transport & infrastructure team in London, focusing on the development and [...]
Ashurst and SNR Denton in prime position as Westfield considers Croydon mall
legalweek
Ashurst and SNR Denton have scored advisory roles as Westfield considers developing its third shopping mall in London. Ashurst is advising longstanding client Westfield on negotiations to develop a site in Croydon, South London, which could give the Australian developer its third site in the capital, alongside [...]
A&O, Ashurst and Herbert Smith join Virgin’s $1bn Northern Rock bid
legalweek
Allen & Overy (A&O), Herbert Smith and Ashurst have taken roles on Virgin Money’s £1bn bid for Northern Rock, the retail bank that was nationalised in 2008 after becoming one of the most high-profile UK casualties of the financial crisis.
Virgin Money, part of Richard Branson’s Virgin Group [...]
Weil, Ashurst head up administration first in new post-Lehman regime
legalweek
Weil Gotshal & Manges’ London office has advised on the administration of the UK arm of broker MF Global – the first company to enter Britain’s special administration regime set up to protect market stability.
Weil is acting for the company’s administrators, KPMG, with London restructuring head Adam [...]
Ashurst, Hogan and Travers act on acquisition of UK engineer
legalweek
Ashurst, Hogan Lovells and Travers Smith have taken lead roles on the £124m acquisition of British engineering company Halcrow by US infrastructure company CH2M Hill.
Ashurst advised Halcrow, fielding a team under global head of corporate Stephen Lloyd, who worked alongside employment partner Paul Randall and tax partner [...]
DLA and Ashurst head up pre-pack rescue deal for clothing retailer
legalweek
DLA Piper and Ashurst have taken lead roles on the pre-pack administration of Alexon Group, a deal which has seen the troubled clothing retailer sold into private equity ownership.
The deal, which is expected to save as many as 2,700 jobs, closed yesterday (29 September) with a sale [...]
Stephenson Harwood signs up Ashurst partner to lead new London practice
legalweek
Stephenson Harwood is set to launch a dedicated employee benefits and incentives practice in London with the hire of Ashurst partner Barbara Allen.
Allen, whose start date has not yet been agreed, will join as head of the team and will be the sole partner dedicated to the [...]
Ashurst set for vote as terms emerge on Blake Dawson Asia deal
legalweek
Ashurst looks set to nearly double its Asian partner count through a tie-up with
Blake Dawson that will see the Australian leader rebrand as Ashurst.
Partners at the UK law firm received a document confirming details of the proposed joint venture late last month, with a vote expected [...]