Another partner from Milbank’s financial restructuring team is set to leave the firm, this time joining Allen & Overy ahead of its merger with Shearman & Sterling. Karen McMaster is the latest partner loss from Milbank following last month’s news of a structured finance team led by partner John Goldfinch moving to Allen & Overy, soon […]
Linklaters has lost two partners today, with Paul Weiss Rifkind Wharton & Garrison being the latest to swipe an M&A hire from the magic circle firm. Matthew Hearn has joined Paul Weiss in London as a partner in the corporate department. Hearn has spent just over 10 years with Linklaters, which is where he completed […]
Skadden Arps Slate Meagher & Flom has hired another finance partner from Linklaters in London. The US firm has snapped up financial regulation partner Sebastian Barling, who has spent the last 12 years at the magic circle firm. He was promoted to partner in 2018. Before his time at Linklaters, Barling spent several years at […]
Kirkland & Ellis has swiped another partner from Allen & Overy, just one month ahead of the magic circle firm’s tie-up with Shearman & Sterling. Vanessa Xu is making the move to Kirkland, having spent the entirety of her 17-year career at A&O. She was made partner in 2017. A leveraged and acquisition finance partner, […]
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 […]
The associate recruitment market has tightened up over the past year or two. For trainees looking to qualify, it means that finding a home in their preferred practice area has become more difficult too. Qualification and, specifically, which team you qualify into, can be one of the most crucial moments in a solicitor’s career. On […]
Freshfields Bruckhaus Deringer and Slaughter and May have released their retention results for the September cohort, achieving 86 per cent and 84 per cent respectively. There are 37 trainees staying on in newly-qualified positions at Freshfields out of the 43-sized cohort. Slaughters is keeping one fewer trainee from the same sized batch of trainees, meaning […]
Morton Fraser MacRoberts has posted a 2 per cent rise in revenue in its first set of financial results since the 1 November merger of legacy firms Morton Fraser and MacRoberts. The increase takes the total revenue at the recently-merged Scottish firm to £47.5m, which should be enough to propel Morton Fraser MacRoberts into the […]
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 […]
The French legal market has welcomed a new boutique this week as CGR Avocats opens its doors following the breakup of its predecessor firm earlier this year. European 100 firm LPA-CGR Avocats finally split in May, bringing an end to the seven-year partnership between Lefèvre Pelletier & Associés and CGR Legal. CGR Avocats relaunched at […]
Kirkland & Ellis is introducing three key changes for departing partners, with amendments to notice period rules and the payout of distributions. From this month, the firm brought in a new measure to its partnership agreement, which will allow the firm to hold onto an exiting member’s potential distributions. The payout of a partner’s distributions […]
With law firms increasingly looking at the risks to their business caused by climate change, DLA Piper has found that 47 per cent of its assets worldwide are vulnerable to tornadoes. The findings follow an assessment of the climate change risks facing the firm. According to the firm’s most recent accounts, the analysis also revealed […]
Richard Susskind, one of the UK’s best-known experts on legal market technology and artificial intelligence (AI), has been appointed to a new position of special envoy for justice and AI to the secretary-general of the Commonwealth, Patricia Scotland KC. Susskind’s focus in this new role will be on helping the 56 Commonwealth countries use AI […]
Magic circle firm Clifford Chance will keep 42 of its 56 qualifying trainees this September, meaning its retention is 75 per cent. A total of 54 trainees applied from newly qualified (NQ) positions at Clifford Chance, meaning just two chose not to remain at the firm. There were 44 offers made to the soon-to-be qualified […]