Rachel is deputy editor (City) of The Lawyer and primarily covers corporate and the City
Allen & Overy and Shearman & Sterling officially tie the knot today after a year of client discussions, integration planning and team introductions. The firm brings together nearly 4,000 lawyers, including 800 partners, with combined revenues of approximately $3.5bn. It had long been the plan of A&O’s outgoing senior partner Wim Dejonghe to develop a […]
Allen & Overy and Shearman & Sterling have unveiled two additional leadership roles ahead of their merger tomorrow. Denise Gibson, A&O’s leveraged finance co-head, becomes the managing partner for the UK business. A&O’s Dave Lewis meanwhile has been named as co-managing partner of the US along with Shearman’s Doreen Lilienfeld. Shearman’s senior partner Adam Hakki […]
Herbert Smith Freehills has combined its teams focused on alternative legal services and delivery, creating a one-stop shop for clients seeking clarity on the firm’s tech offering. Led by partner Libby Jackson, who will work closely with the firm’s new chief technology officer David Turner, the digital legal delivery practice will be made up of […]
It was the turn of the general counsels last week to give their perspective on the Post Office Horizon scandal. Here’s what they had to say about Womble Bond Dickinson, Linklaters and litigation funders. For live updates, check out our live blog. Funders react to Womble Bond’s plan to “stretch out the litigation process” Earlier […]
Clifford Chance has unveiled a global promotions of 29, including 14 in its London office. The magic circle firm’s promotions are slightly lower than last year’s bumper global round of 32 and 37 in 2022. In the London office, five have been made up in its global financial markets group: Bryony Theaker, Isabella Mashru, Neil […]
White & Case has hired a partner from Linklaters’ corporate practice in the latest move from the magic circle firm. Savi Hebbur joins White & Case’s London office. He acts on M&A deals and is also set to expand the firm’s India country practice. White & Case global M&A head John Reiss said: “Indian companies remain […]
Linklaters and Slaughter and May are leading on BHP’s mega-offer for rival mining company Anglo American. It emerged this morning that Australian giant BHP had put forward an unsolicited proposal to Anglo American If the deal went ahead, it would be valued at around £31bn. Linklaters is on call for Anglo American as it discusses […]
A duo from Travers Smith is leaving for Goodwin Procter, as exits from the UK firm’s corporate team continue. Partners Ian Keefe and George Weavil are joining Goodwin’s private equity team. Their arrivals follow the exit of a team from Goodwin to Fried Frank Harris Shriver & Jacobson, led by partner Christian Iwasko. Both Weavil […]
Slaughter and May is to add another senior lawyer to its pensions team in the City, this time from Freshfields Bruckhaus Deringer. Charles Magoffin, a partner at Freshfields since 2010, is joining Slaughters as a senior counsel from September. Slaughters has still only ever made one lateral hire in the City, also into its pensions […]
In its largest promotions round ever, Ashurst has elevated eight London lawyers to partner out of 30 worldwide. The firm has made up eight lawyers in London, as well as seven in Sydney. In total, 17 promotions were made in Ashurst’s Australian offices, meaning just five were made outside of either London or Australia. Loans […]
Freshfields Bruckhaus Deringer has made up 23 lawyers to partner globally in its smallest round for three years. Last year, the magic circle promoted 30 to partnership worldwide, with 27 making the grade in 2022. There were 22 elevations in 2021. As a result, the London set is also slightly smaller than in previous years. […]
Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]