Penningtons Manches Cooper has promoted four lawyers in its 2021 partner promotions round. Clare Arthurs, Rebecca Andrews Walker, Elise Bevan and Alex Prew will join the partnership as of 1 April. Andrews Walker is a restructuring specialist, Bevan works in clinical negligence and Prew is a real estate lawyer. Arthurs, meanwhile, leads the knowledge function […]
Following the likes of Simmons & Simmons and Norton Rose Fulbright, Ashurst has said it will pay its staff a one-off bonus reward after strong performance last year. The firm has doubled the size of its existing bonus pool in order to make the payment of at least £1,000 to employees worldwide. According to its […]
All six members of Essex Court Chambers‘ Singapore affiliate are to leave the practice, as the crisis around China sanctions deepens. The team departure comes less than 24 hours after the magic circle set lost Jern-Fei Ng QC in London to 7 Bedford Row. Those leaving Essex Court Chambers Duxton (Singapore group practice) are VK Rajah […]
Stephenson Harwood is kicking off a comprehensive strategic review of the firm for the first time in five years, The Lawyer can reveal. The review will set Stephenson Harwood’s direction for the next three to five years and will be spearheaded by CEO Eifion Morris. The audit will be split into seven workstreams, focusing on […]
A limitation of liability claim has been issued by Holman Fenwick Willan (HFW) after the recent blockage of the Suez Canal.
Penningtons Manches Cooper has promoted four lawyers in its 2021 partner promotions round. Clare Arthurs, Rebecca Andrews Walker, Elise Bevan and Alex Prew will join the partnership as of 1 April. Andrews Walker is a restructuring specialist, Bevan works in clinical negligence and Prew is a real estate lawyer. Arthurs, meanwhile, leads the knowledge function […]
Following the likes of Simmons & Simmons and Norton Rose Fulbright, Ashurst has said it will pay its staff a one-off bonus reward after strong performance last year. The firm has doubled the size of its existing bonus pool in order to make the payment of at least £1,000 to employees worldwide. According to its […]
All six members of Essex Court Chambers‘ Singapore affiliate are to leave the practice, as the crisis around China sanctions deepens. The team departure comes less than 24 hours after the magic circle set lost Jern-Fei Ng QC in London to 7 Bedford Row. Those leaving Essex Court Chambers Duxton (Singapore group practice) are VK Rajah […]
Stephenson Harwood is kicking off a comprehensive strategic review of the firm for the first time in five years, The Lawyer can reveal. The review will set Stephenson Harwood’s direction for the next three to five years and will be spearheaded by CEO Eifion Morris. The audit will be split into seven workstreams, focusing on […]
Shearman & Sterling has hired a financial restructuring partner from Akin Gump Strauss Hauer & Feld, nearly two weeks after snapping up Travers Smith’s head of corporate. The US firm has hired Akin Gump London partner Sam Brodie, who has spent more than six years at its rival. As part of his practice, he advises […]
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 […]