Skadden Arps, Clifford Chance, Linklaters and, currently, Kirkland & Ellis – over the last 30 years these firms have all at one time had claims to have been the most influential law firms of their age, the pioneers that defined the top of the profession through dash, ambition and imagination. And many senior lawyers would …
Continue reading “Latham vs K&E means that everyone else loses”
Latham & Watkins and Hogan Lovells have become the latest law firms to ramp up their response to the increasingly global spread of COVID-19 by sending all their staff home. The news comes as the number of casualties continues to rise around the world, with the latest figures reporting over 200,000 confirmed cases while the death toll has passed 8,000.
Latham & Watkins’ executive committee has appointed Stephen Kensell as London managing partner, just four years after he joined from Allen & Overy (A&O). The appointment, effective yesterday (5 March), sees the banking veteran take over from fellow finance partner Jay Sadanandan, who leaves the post after five years.
Fears around the spreading coronavirus have yet again affected the business of law, as the world’s second-highest grossing firm Latham & Watkins called off its annual global partnership meeting in New York citing safety concerns. Meanwhile Baker McKenzie has re-opened its London office today (2 March) after an employee taken ill with suspected symptoms last …
Latham & Watkins has reported its second consecutive year of double-digit growth as its revenue surged to $3.768bn in 2019 while profits per equity partner (PEP) hit $3.78m. The results announced today (26 February) mean the Los Angeles-bred giant has improved its performance for the fourth year in a row, with the 9.5% surge in …
In the latest blow to the UK Magic Circle, Latham & Watkins has hired one of Freshfields Bruckhaus Deringer’s brightest young partners, Sam Newhouse. The US giant confirmed today (25 February) its most significant move in the UK public company M&A space since the hire of Allen & Overy’s well-liked M&A partner Ed Barnett in …
Continue reading “Freshfields loses key rising star Newhouse as Latham renews City M&A push”
Latham & Watkins has become the latest US player to expand its City emerging company capabilities by targeting two mid-market UK firms for a double-partner hire. Taylor Wessing has seen one of its more senior departures in recent years as its head of technology, media and communications Mike Turner decamped to the US firm alongside Bird …
Weil Gotshal & Manges and Mayer Brown have advised on the sale of Nestlé’s US ice cream business to Froneri for $4bn. Froneri is an ice cream focused joint venture by Nestlé and PAI Partners created in 2016. The deal means that brands such as Häagen-Dazs, Edy’s, Drumstick and Dreyer’s will join its portfolio which …
Defying the pre-Christmas lull in City laterals, Latham & Watkins last week returned to Clifford Chance to bolster its finance bench as DLA Piper expanded its infrastructure disputes team with a double hire. Latham hired CC infrastructure and real estate veteran Stephen Curtis to its London finance team. Curtis, who had been at the Magic Circle firm …
Latham & Watkins has promoted 33 lawyers to partner, with its London outpost accounting for 15% of those getting the nod. Effective from January 2020, the promotion round sees a marked decrease in the number associates made up in London, with five promoted compared to last year’s exceptional bumper round of nine.
