Freshfields Bruckhaus Deringer will not be dishing out partner profits for Q4, while the magic circle firm has also called off its partner conference, which had been scheduled for this summer. It comes as firms across the board decide whether to hold back or reduce partner distributions, or ask partners to put in slightly more […]
Barrister Keir Starmer has been elected as Labour leader and thus becomes Leader of the Opposition. He has been mentioned many times in the pages of The Lawyer over the years: here are some of the most notable occasions.
Simmons & Simmons is to delay partner distributions, echoing similar measures taken across the legal industry to reduce the impact of the fallout of the Covid-19 emergency. On top of the distribution delay, the firm said every decision about pay and bonuses will be deferred until later in the year. A spokesperson for the firm […]
Womble Bond Dickinson is placing some of its non-fee-earners on furlough in response to the coronavirus pandemic, while it has also deferred partner distributions. The Lawyer understands that one-third of UK staff have been placed on furlough leave, however, their salaries will be topped up to 100 per cent, the firm said. In response to the […]
BDB Pitmans partners have voted through proposals that will see the firm transition to a CMS-style network model, having called off merger talks with Womble Bond Dickinson in 2023. The firm has signed a letter of intent with Alvarez & Marsal Legal Services (AMLS) to help internationalise the business. Both BDB Pitmans and AMLS issued […]
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition, we look at how CMS zoomed past Dentons in the Polish lawyer headcount stakes; why you might have to get used to the idea of three firms with ‘Snellman’ in their name; and […]
Akin Gump has recruited three of Cooley’s London partners, including its City managing partner Justin Stock. Stock moves to Akin along with Stephen Rosen and David Bresnick. The three focus on transactions with a life sciences and technology element. At Akin, Stock will become the firm’s international head of technology. Both Stock and Bresnick joined […]
For elite firms with ties to big banks, the first half of 2024 has been fruitful for corporate transactions. Sainsbury’s banking business was sold to NatWest Group last month, with Linklaters and A&O Shearman advising, while Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings led on Co-operative Bank’s sale to Coventry Building Society in an […]
Mills & Reeve’s turnover rose by double digits in 2023/24 to a new record high that has resulted in the firm’s highest-ever all-staff bonus pool of £3m. The firm’s turnover rose by 14.1 per cent to £168m, beating its 2025 strategic target of £150m a year ahead of schedule. The firm has not yet revealed […]
This dashboard: contains an overview of the judgments at a selection of courts in the UK, Hong Kong, Singapore and Dubai during Q2of 2024. allows you to compare activity at the courts in Q2 2024 against Q1 2023.
This report includes: analysis of partner promotions at the UK Top 50 firms since 2020 insight into regional promotion trends a look at the progress towards gender parity in partner promotions data on the practice areas experiencing the highest number of promotions.
This report contains: an analysis of the reality of Cleary Gottlieb’s growth trajectory in London since 2014 an overview of challenges faced by the top global firms which are pursuing similar growth strategies a discussion on Cleary’s distinctive practice area mix, highlighting its substantial focus on antitrust cases.
This report contains: ranking of the Nordic 50 firms on a headcount basis headcount analysis of the largest firms split into three groups financial and market analysis of the four jurisdictions in the region firm specific data profiles
This report includes: a breakdown of the eight firms shortlisted for the Litigation Team of the Year at The Lawyer Awards 2024 an overview of the case they have been nominated for an analysis of the firms’ larger litigation team
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Does anyone need any confirmation of the gradual takeover of the City by rampaging US law firms? No, thought not. If, however, your answer is yes, then more evidence of the Americanisation of London can be found in the upcoming edition of the UK Corporate 50. Much of the focus in this year’s report is […]
Mexico is set to welcome thousands of lawyers later this year when the capital city plays host to the International Bar Association’s (IBA) showpiece event. Partners and support staff will mingle from dawn until way after dusk, discuss strategies and scan way off into the horizon. However, Mexico’s been high on the interest list for […]
At times, Clyde & Co appeared dangerously close to squandering the growth opportunities presented by its July 2022 acquisition of BLM. The firm’s most recent financials, however, suggest BLM was the fuel Clydes needed to grow in the UK. Not that it has been without casualties, with a significant proportion of former BLM partners having […]
The M&A rankings for the first half of 2024 confirmed one thing we already felt was true: that Linklaters and Slaughter and May have had a lot of acquisitive or targeted clients this year. According to data provided by the London Stock Exchange Group, the pair rank first and second respectively in terms of the […]
When Stephenson Harwood chief executive Eifion Morris set a target for doubling revenue to £400m by 2027, he knew it would be a tough challenge. “A profitable growth strategy will probably take more than individual lateral joiners and internal promotions to achieve,” he told The Lawyer back in 2021. This protective view came as the […]
BDB Pitmans partners have voted through proposals that will see the firm transition to a CMS-style network model, having called off merger talks with Womble Bond Dickinson in 2023. The firm has signed a letter of intent with Alvarez & Marsal Legal Services (AMLS) to help internationalise the business. Both BDB Pitmans and AMLS issued […]
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition, we look at how CMS zoomed past Dentons in the Polish lawyer headcount stakes; why you might have to get used to the idea of three firms with ‘Snellman’ in their name; and […]
Akin Gump has recruited three of Cooley’s London partners, including its City managing partner Justin Stock. Stock moves to Akin along with Stephen Rosen and David Bresnick. The three focus on transactions with a life sciences and technology element. At Akin, Stock will become the firm’s international head of technology. Both Stock and Bresnick joined […]
For elite firms with ties to big banks, the first half of 2024 has been fruitful for corporate transactions. Sainsbury’s banking business was sold to NatWest Group last month, with Linklaters and A&O Shearman advising, while Addleshaw Goddard, Freshfields Bruckhaus Deringer and Paul Hastings led on Co-operative Bank’s sale to Coventry Building Society in an […]
Mills & Reeve’s turnover rose by double digits in 2023/24 to a new record high that has resulted in the firm’s highest-ever all-staff bonus pool of £3m. The firm’s turnover rose by 14.1 per cent to £168m, beating its 2025 strategic target of £150m a year ahead of schedule. The firm has not yet revealed […]