Revolving Doors: Paul Weiss makes European restructuring bow as Dentons hires in new global CEO
A&O Shearman, Fieldfisher and White & Case among firms making major laterals while Dentons plumps for external candidate as successor to long-term leader Portnoy
‘At the top of UK associate compensation’ – McDermott hikes London NQ pay to $225k
McDermott becomes latest US firm to match top-of-market Cravath pay scale for London associates as City talent war intensifies
Working in a warzone
How Ukraine’s law firms are managing through the ongoing crisis
Dealwatch: Slaughters, Latham lead as Hammerson sells £1.5bn stake in Bicester Village owner
Private equity purchase of 40% stake in Value Retail points to potential revival of transactional activity in hard-hit retail sector
Latham, Freshfields and A&O Shearman top the nominations for Legal Business Awards 2024
Latham & Watkins, Freshfields Bruckhaus Deringer and A&O Shearman have collectively racked up 18 nominations at the 27th annual Legal Business Awards.
‘When someone is so disaffected it’s best to get them out sooner rather than later’: Kirkland to hold back pay for departing partners; cut notice period
Kirkland & Ellis is overhauling its equity partner exit terms – ushering in new policies to withhold compensation for departing partners, as well as slashing notice periods and speeding up the time it takes those leaving to be repaid their capital.
Linklaters claims top spot in Stonewall Top Employers list
Linklaters has leapt to first place in Stonewall’s Top 100 Employers 2024 list, while last year’s number one Clifford Chance has dropped outside of the top ten for the first time since 2020 and is now ranked 14th.
‘Strong momentum’: Revenue and profit rise as Herbert Smith Freehills marks 11th consecutive year of growth
Building on last year’s record performance, Herbert Smith Freehills has achieved its 11th consecutive year of annual revenue growth in its latest financial results.
O’Melveny and Hogan Lovells lead PE hiring wave as Kirkland boosts tech team with Clifford Chance hire
Ashurst global PE co-head exits to O’Melveny as Hogan Lovells hires from K&L Gates and Weil and Kirkland picks up a CC tech partner.
Ashurst sets sights on US growth as revenue nears billion-pound mark
Ashurst is targeting expansion in the US as the firm announces financial results that show profit per equity partner reaching a record high and turnover just shy of £1bn.