The Hearing: The numbers behind Quinn’s multimillion-pound pay hike
No sooner had Freshfields confirmed its salary rise, Quinn Emanuel swooped in and stole its thunder. It’s a bold move that will cost the firm millions more each year.
Claim Spotter: Fintech faces lawsuit from ex-investors
“AI-powered” bank board faces claim from investors Members of the current and former board of Tintra, an AI-powered DeepTech bank based in London have been hit with a part 7 ‘other’ claim in the London Circuit Commercial Court, filed on Wednesday (8 May) by US-based former investors Fintech Leaders Fund LLC (FLF). A part 7 […]
In court this week: A top 10 appeal, Libor and JP Morgan
Quinn Emanuel Urquhart & Sullivan and Fountain Court prepare to represent clients across a number of court hearings this week. JP Morgan clashes with Greek investment hearing in race to €5bn After investment banking giant JP Morgan and Greek investment company WeRealize filed parallel claims against one another in mid-February this year, their dispute has […]
Spotlight: Restructuring is a global matter for DLA Piper
In this week’s Spotlight, we delve into the often-confusing world of restructuring disputes, to find out how DLA Piper comes to the rescue when a company goes under. The market: While restructuring disputes used to be the remit of clearing banks and the Big Four accounting firms, the market has undergone a huge diversification in […]
Spotlight: This team wants to advise your firm
The Hearing: The numbers behind Quinn’s multimillion-pound pay hike
No sooner had Freshfields confirmed its salary rise, Quinn Emanuel swooped in and stole its thunder. It’s a bold move that will cost the firm millions more each year.
Claim Spotter: Fintech faces lawsuit from ex-investors
“AI-powered” bank board faces claim from investors Members of the current and former board of Tintra, an AI-powered DeepTech bank based in London have been hit with a part 7 ‘other’ claim in the London Circuit Commercial Court, filed on Wednesday (8 May) by US-based former investors Fintech Leaders Fund LLC (FLF). A part 7 […]
In court this week: A top 10 appeal, Libor and JP Morgan
Quinn Emanuel Urquhart & Sullivan and Fountain Court prepare to represent clients across a number of court hearings this week. JP Morgan clashes with Greek investment hearing in race to €5bn After investment banking giant JP Morgan and Greek investment company WeRealize filed parallel claims against one another in mid-February this year, their dispute has […]
Spotlight: Restructuring is a global matter for DLA Piper
In this week’s Spotlight, we delve into the often-confusing world of restructuring disputes, to find out how DLA Piper comes to the rescue when a company goes under. The market: While restructuring disputes used to be the remit of clearing banks and the Big Four accounting firms, the market has undergone a huge diversification in […]
The Hearing: 39 litigation NQs earn £150,000 – and Freshfields has the most
Welcome to this week’s edition of The Hearing, your insider’s guide to the UK litigation market. This week, we look at why Freshfields’ NQ pay rise makes it the most desirable litigation firm for associates, and whether judge selection is still just an old boys’ club. First though, there is a sense of inevitability among […]
Kirkland’s beaten Linklaters again
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 […]
We’re entering a new era in Spain’s most expansionist firm
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 […]
Clydes needed BLM as much as BLM needed Clydes
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 […]
These are the M&A winners so far this year
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 […]
Stephenson Harwood is playing the long game
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 to launch CMS-type network with tech investment a high priority
BDB Pitmans partners have voted through proposals which will see the firm transition to a CMS-style network model, adopting a new brand called Broadfield. 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 a statement saying they intend […]
The Passport: It’s finally happened – Dentons has been dethroned
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 […]
Cooley’s London boss leads three-partner move to Akin
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 […]
City talk: Clifford Chance’s corporate strategy still relies on its banking roots
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 staff set to share in £3m bonus pot
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 […]