The Last Word: London manifesto

The Last Word: London manifesto

‘We already have a strong European offering and our current expansion plans are centred on partner-level and team hires that support us in providing our clients with the best possible industry and subject matter experts.’ Tamara Box, Reed Smith To mark the launch of our 2023 Global London analysis, we ask senior figures at leading …

Stopping the bleeding at Travers will require hard-won loyalty and a pay overhaul

Stopping the bleeding at Travers will require hard-won loyalty and a pay overhaul

Looking at the recent wave of departures from Travers Smith brings to mind fears expressed by peers when we last did a major analysis of the firm back in 2019. Four years ago, harbingers of doom were quick to jump on the perceived threat to such a UK-centric firm amid Britain’s exit from the European …

Depressing end to Weinstein gagging order narrative means closure for none

Depressing end to Weinstein gagging order narrative means closure for none

The whimpering conclusion to the three-year saga that dragged City law into the middle of #MeToo could hardly have been more frustrating for everyone concerned. The Solicitors Disciplinary Tribunal (SDT) announced in January that it had decided to stay proceedings against Allen & Overy employment veteran Mark Mansell (aka Solicitor Z) relating to a non-disclosure …

Cranes in the sky: UK real estate market rebuilds

With real estate investment moving out of paralysis post-election, Muna Abdi asks which firms are best prepared to take advantage The enduring political and economic quagmire in the UK, initially shaped by the 2016 Brexit referendum, provided much of the framework for pessimistic commentary towards the end of the decade on many sectors, not least …

Letter from… Sydney: After the churn of the foreign influx, Australian legal elite look primed for their golden age

Letter from… Sydney: After the churn of the foreign influx, Australian legal elite look primed for their golden age

Some speak of the dawn of a ‘golden age’ for the market; others of a sugar rush for the country’s top players; while a third group warns of more challenging times to come. Whichever way you look at it, the feeling is that a new era has begun for Australia’s legal industry. While relatively unscathed …

Deal View: A&O’s corporate practice has matured nicely but will O’Melveny fallout take its toll?

Deal View: A&O’s corporate practice has matured nicely but will O’Melveny fallout take its toll?

Habitually viewed as the poor relation to its unparalleled banking and finance practice, Allen & Overy (A&O)’s corporate team has stepped up in recent years, the culmination of a decades-spanning campaign to forge a top-tier name in M&A. Richard Browne, co-head of corporate, stresses the level of growth the 161-partner practice has seen, having increased …

The end of A&O’s marathon O’Melveny merger bid reveals the stark choices facing the Magic Circle

The end of A&O’s marathon O’Melveny merger bid reveals the stark choices facing the Magic Circle

This article sits in the news leader slot of our latest issue, but when considering Allen & Overy (A&O) and its epic courtship of O’Melveny & Myers, the defining factor has been the absence of news. Since it emerged last spring that A&O was in merger talks with the Los Angeles-bred firm, there have been …

Letter from… Amsterdam: Dutch lawyers find a deft balance amid testing times in cross-border trade

Letter from… Amsterdam: Dutch lawyers find a deft balance amid testing times in cross-border trade

The secret to making your country attractive to foreign investors at a time when populism is reshaping global politics and protectionism is on the march? A stable and business-friendly government, an open society, a well-trained and internationally-minded workforce, and reliable infrastructure are not bad places to start. And, luckily for Amsterdam’s legal elite, the Netherlands …

Deal View: Five years on – How Akin Gump’s Bingham acquisition turned bust to boom in the City

Deal View: Five years on – How Akin Gump’s Bingham acquisition turned bust to boom in the City

‘Our team was nearly twice the size of Akin Gump’s London team. There was potential for vulnerability on both sides. They didn’t want their entire lives disrupted by a very large cuckoo in the nest.’ Five years on, restructuring partner James Roome reflects on the potential pitfalls of Akin Gump Strauss Hauer & Feld’s 28-partner …