Legal Business

Consumed – Can burning ambition from Down Under recast Herbert Smith for the global stage?

With the fall-out from the merger of Herbert Smith and Freehills subsiding, the emerging global challenger needs to galvanise its business under new leadership. Will the Australian suitor’s ambition provide the jolt needed or has Herbert Smith been absorbed?

‘I couldn’t talk about this over the phone,’ said one senior partner at Herbert Smith Freehills (HSF), with a glance over his shoulder. What could not be recounted electronically was the surprising news that HSF veteran James Palmer – widely regarded as the firm’s top City deal lawyer – had recently missed out on a place on its partnership council, the firm’s main oversight body.