Two top lawyers at Switzerland’s UBS have left the firm. Ash Gulati, executive director of UBS’s UK-based prime brokerage & equity derivatives legal team, will join the London office of Akin Gump as senior counsel. Matthew French, head of UBS’s distressed investment team, will leave after less than a year, to join the Nomura Group. He will [...]
Continue reading...Thursday, May 7, 2009
Senior legal executives from The Coca-Cola Company, Microsoft, Wal-Mart and 11 more Fortune 500 companies, with the managing partners of O’Melveny & Myers, DLA Piper, Debevoise and other leading law firms, have announced the formation of the Leadership Council on Legal Diversity. The new organization of chief legal officers and law firm managing partners is dedicated [...]
Continue reading...Friday, May 1, 2009
Japanese industrial and financial conglomerate Nomura has cut up to 12 legal positions in London. The firm took over dissolved Lehman Brothers’ European and Middle East equities & investment banking operations, leading to redundancies. Lawyers at both Lehman and Nomura were targeted. The Tokyo bank expects more cuts. The Nomura Group saw its beginnings in Osaka in 1919. [...]
Continue reading...Wednesday, April 15, 2009
Wells Fargo has partially confirmed online rumors, that the bank is laying off some of its in-house counsel. Online rumors say that the bank, which recently merged with Wachovia, is cutting up to 20% of its legal department. The bank would not confirm the numbers, but characterized the percentage affected as “small.” Founded in New York in [...]
Continue reading...Saturday, April 4, 2009
A new study by the Minority Corporate Council Association says biglaw firms must do more to ensure that minority, female and LGBT attorneys have the same career opportunities as their white male counterparts. The study, entitled “Sustaining Pathways To Diversity: The Next Steps in Understanding and Increasing Diversity & Inclusion in Large Law Firms,” is based [...]
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Tuesday, May 19, 2009
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