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The Lawyer The most authoritative source of the legal news in the UK. Encompassing news, comment and analysis on the business of the law in the UK and overseas. Legal Job Watch: UK 200 TOTAL REDUNDANCIES: 1235 Legal Job Watch: UK 200 TOTAL REDUNDANCIES: 1235 Proskauer Rose makes 60 redundancies Proskauer Rose has become the latest US firm to announce layoffs, shedding 35 associates and 25 support staff. UK and US firms win Singapore licences Allen & Overy, Clifford Chance, Herbert Smith, Latham & Watkins, Norton Rose, and White & Case win right to practise local law in SIngapore. Mayer Brown, Wachtell lead in Chevy Chase sale Latham & Watkins, Mayer Brown and Wachtell Lipton Rosen & Katz have snared key roles advising on US bank Capital One’s acquisition of Chevy Chase Bank. Knowing your outplace As redundancy packages go, that offered by Nabarro to the 22 staff currently in consultation is on the good side of average. Osborne Clarke makes nine redundant Osborne Clarke is to make eight fee earners and one member of support staff redundant. SFO faces £10m legal bill on collapsed pharma investigation The Serious Fraud Office (SFO) could face a £10m legal bill following the collapse of its £25m, six-year investigation into alleged price fixing by drug manufacturers. Cleary, Dewey, Milbank cut associate bonuses Cleary Gottlieb Steen & Hamilton, Dewey & LeBoeuf and Milbank Tweed Hadley & McCloy have matched the new market rate for year-end associate bonuses. Reed Smith to shed 11 City associate jobs Reed Smith has launched a redundancy consultation in the UK with 11 associate jobs under threat. O2 slashes panel to two firms as GC quits Mobile phone company O2 has completed a radical overhaul of its legal function that has seen Clifford Chance and Herbert Smith become sole advisers in Europe. White & Case unveils new management structure White & Case has revamped its management structure for the second time in two years, electing new practice and regional group heads. Travers cuts jobs in real estate and corporate Travers Smith has become the latest firm to make redundancies, shedding four associates across its real estate and corporate groups. Fourth partner quits Cadwalader since summer cuts Cadwalader Wickersham & Taft has suffered its fourth partner defection since it was forced to lay off 96 lawyers during the summer. Death of former Freshfields MD was suicide Former Freshfields Bruckhaus Deringer managing director Kirk Stephenson committed suicide by jumping in front of a train, an inquest has concluded. The Lawyer UK 200 Annual Report 2008: Scotland - the mating game It has been a good year for Scottish firms. The ascendancy of Anderson Strathern, Biggart Baillie and Turcan Connell to the top 100 may have pushed Tods Murray out, but for the other firms with Scottish roots, the past financial year has largely been notable for its strength. Newsfeed display by CaRP |
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