Feeling the chill? Kirkland reports just 8% revenue increase for 2022 Alex Ryan Often the bellwether for global law firm financials, the world’s highest-grossing firm, Kirkland & Ellis, has posted muted revenue and…
‘A lot of grey areas’: India legal market liberalisation met with optimism though questions remain Alex Ryan While the international legal community has largely been sanguine at the Bar Council of India (BCI) opening the door for…
‘The strategy has not changed’: Hogan Lovells holds steady after end of Shearman merger talks Alex Ryan ‘Has the strategy changed? The short answer is: no, it hasn’t.’ That was the message from Hogan Lovells chief executive…
‘Crisis averted’: City banking and corporate partners react as HSBC acquires SVB UK Alex Ryan After a tense weekend of negotiations, the Bank of England announced on Monday (13 March) that HSBC would buy the…
‘A somewhat unique position’: Quinn Emanuel opens second mainland China office in Beijing Alex Ryan Quinn Emanuel Urquhart & Sullivan has announced the launch of a new office in Beijing, its second in mainland China…
Revolving doors: Private equity stays hot with high-profile departures from A&O and Travers Alex Ryan Sullivan & Cromwell made a major play last week with its hire of prominent private equity partner Karan Danamani from…
Pivot, pivot: Shearman names new senior partner in wake of failed Hogan Lovells merger talks Alex Ryan Shearman & Sterling has named respected litigator Adam Hakki as the senior partner successor to David Beveridge, as the firm…
Revolving doors: Cravath launches English law practice with two hires from Shearman Alex Ryan Cravath, Swaine & Moore launched an English-law offering last week through the hire of partner duo Philip Stopford and Korey…
Shearman and Travers hit with losses as recruitment turns to restructuring and leveraged finance Alex Ryan Ongoing talk of a merger with Hogan Lovells has prompted an exodus from Shearman & Sterling, with the departure of…
‘It will be important whatever happens’: Pallas Partners represents ClientEarth in climate action against Shell’s board Alex Ryan In what the client has billed ‘the first case of its kind seeking to hold corporate directors personally liable’, Pallas…
No personal best this year for Hogan Lovells as turnover and profits decline Alex Ryan As the financial reporting season kicks off once more, Hogan Lovells has today (22 February) reported a 7% drop in…
Revolving Doors: Travers and Shearman exodus continues as US firms pick up the talent Alex Ryan Once a rare phenomenon, exits from Travers Smith have picked up pace in recent weeks, with the latest departures announced…
Revolving Doors: Fresh woes for Shearman as M&A head Cheveley exits as restructuring and lev fin fuel City investment Alex Ryan The merger talks-prompted exodus from Shearman & Sterling continued in recent days with the loss of EMEA and Asia M&A…
End of the road for Womble Bond Dickinson merger talks with BDB Pitmans Alex Ryan Merger talks between Womble Bond Dickinson (WBD) and BDB Pitmans have been called off, the firms announced on Wednesday (1…