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The Latest Breaking News from Clifford Chance

Leading law firm cuts London back-office staff as it embraces AI

Clifford Chance makes about 50 roles redundant, and PwC indicates that AI may lead to fewer hirings

The Guardian - UK

Europe’s M&A market is alive and kicking - in spite of the odds

Geopolitical unrest and trade uncertainty are complicating mergers and acquisitions (M&A). Despite the volatility, battle-hardened executives are pushing ahead with dealmaking.

Euronews

‘Circularity problem’ over Mike Lynch’s $630m estate finally resolved as HPE moves toward settlement

An impasse over who would volunteer to be the executor of Lynch's will prevented a final settlement, with HPE seeking $4 billion in damages.

Fortune

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read the most diverse news in one place.

Law firm use of data scientists grows alongside AI's challenges - Roll Call

Top law firms are turning to a unique approach by hiring specialists for their artificial intelligence compliance practices.

Roll Call

‘It’s created an internal shitstorm’: turmoil at UK law firm accused of ‘whitewashing’ Saudi World Cup report

Sources say key people at Clifford Chance were not consulted, as it emerges another company refused job due to reputational concerns

The Guardian - UK

The sinking of Mike Lynch's super yacht adds to questions about Autonomy and Darktrace he wanted to put behind him

The sudden deaths of seven aboard the $25 million Bayesian have brought the complicated career of the ‘British Bill Gates’ to the fore.

Fortune

Bayesian yacht sinking: Who were the victims?

Following the sinking of a yacht off the coast of Sicily, the bodies of all the missing people have now been found

Evening Standard

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Guest list for Mike Lynch's fatal boat party filled with Autonomy players

Former employees of Autonomy, key figures in the HP acquisition, and lawyers who defended Lynch were all on board the Bayesian superyacht.

Fortune

‘Brilliant, caring and beautiful’: Tributes to Hannah Lynch after teenager’s body recovered from yacht

The ‘fiercely intelligent’ teenager had been due to start studying at Oxford University in September

The Independent UK

Who were the 22 people on Mike Lynch’s Bayesian yacht when it sank in Italy?

A UK inquest has begun into the deaths of tech billionaire Mike Lynch and three other British nationals

The Independent UK

Who are the six people missing after Sicily yacht sinking?

What we know about four Britons and two Americans still unaccounted for after boat sank during storm

The Guardian - UK

Tech tycoon, defense attorney, and Morgan Stanley banker among those missing in freak yacht sinking

A superyacht that sank off the Sicilian coast during a storm left six passengers missing, including British tech kingpin Mike Lynch and his daughter Hannah

The Independent UK

What Is Fate Of 22 People Aboard Capsized Yacht?

The British-flagged luxury yacht The Bayesian capsized early Monday off the coast of southern Sicily with 22 people aboard.

International Business Times

Hopes fade for tech tycoon Mike Lynch and Morgan Stanley boss Jonathan Bloomer missing in yacht tragedy

Lynch and his daughter, Hannah, 18, Mr Bloomer and his wife, Judy, and Clifford Chance lawyer Chris Morvillo and his wife are the six people still missing

Evening Standard

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The Guardian - AU

Sicily yacht sinking: Morgan Stanley International chair Jonathan Bloomer among missing

UK tech entrepreneur Mike Lynch and daughter also among six unaccounted for after superyacht was hit by tornado and sank

Evening Standard

Morgan Stanley will not quit Canary Wharf as it signs new lease until 2038

Big-name tenants like HSBC, Clifford Chance and Moody’s recently announced plans to leave Canary Wharf for the City, but the US investment bank will not follow them

Evening Standard

Clifford Chance's staff monitoring

When it comes to work-from-home policies, Clifford Chance has spent most of the post-pandemic era as the Magic Circle law firm of choice for solicitors averse to the daily grind of commuting.

Birmingham Post

North East business life: charity, community and awards events of the week

Companies featuring in this week's round-up include Smart Works, Zentia and the Great Run Company, Different Narrative, Fusion for Business and Miller Homes

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The Guardian - UK

‘It has lost its appeal’: Canary Wharf faces an uncertain future

London’s docklands financial district is facing the loss of major firms such as HSBC and its owners are having to innovate to stem the exodus

The Guardian - UK

‘I’m embarrassed about how horribly overpaid I was’: tax campaigner Dan Neidle

The former head of UK tax at Clifford Chance says he is now free to expose wrongdoing and unfairness

Daily Mirror

Joe Lycett and Sam Smith lead Rainbow Honours nominees as iconic venue for awards revealed

Joe Lycett's protest against David Beckham's controversial deal with Qatar has been nominated for yet another prestigious award, with Sam Smith, Graham Norton, Andrew Garfield, Dame Kelly Holmes and more also recognised in the Rainbow Honours shortlist

Evening Standard

Can London’s legal ‘magic circle’ fend off the threat from America?

City Voices: Britain’s big five elite practices face a growing challenge from American legal eagles

Football London

Arsenal director resigns as Mikel Arteta set to receive further backing at board level

Mikel Arteta is due to receive greater backing from the Arsenal board after Tim Lewis resigned from his position at Clifford Chance.

Bangkok Post

Sri Lanka misses a leader as bailout slips further away

Investors are shifting their focus to Sri Lanka’s bilateral creditors as the resignations of President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe dim prospects for rapid aid from the International Monetary Fund (IMF).

Reuters

Lazard, Clifford Chance reach Sri Lanka to advise on debt restructure - PM

Representatives from heavyweight financial and legal advisers Lazard and Clifford Chance arrived in Sri Lanka to kick off the restructuring of over $12 billion in debt, the island nation's prime minister said on Tuesday.

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