Revolving Doors: Kirkland hires ESG partner while magic circle experiences both losses and gains

Revolving Doors: Kirkland hires ESG partner while magic circle experiences both losses and gains

Leading the high-profile moves this week, Rebecca Perlman has joined Kirkland & Ellis’ ESG and impact practice group in London as a partner. Perlman leaves behind a 12-year tenure at Herbert Smith Freehills, where she was head of the firm’s UK, US, and EMEA operations and global head of sustainable and impact investment. Perlman brings …

‘Doubling down’: CC’s London PE head sets out strategy as buyout partners predict uptick

‘Doubling down’: CC’s London PE head sets out strategy as buyout partners predict uptick

Spencer Baylin, Clifford Chance’s recently-appointed London private equity head, discussed his ambitions for the practice with LB as we garnered views from peers on how the market is faring. In December, CC lifer Baylin stepped up to the role soon after the high-profile loss of Christopher Sullivan to Paul Weiss’ M&A practice amid the US …

McDermott hires London M&A partner from Cooley as global revenue nears $2bn mark

McDermott hires London M&A partner from Cooley as global revenue nears $2bn mark

McDermott has announced today (28 February) that Michal Berkner has joined the firm as a partner, bolstering its transactions practice in London. She joins from Cooley, where she led the cross-border M&A practice, including negotiated and unsolicited transactions and joint ventures. Her clients include strategic and private equity buyers and sellers in public and private …

The Client Profile: Nigel Paterson, Currys

The Client Profile: Nigel Paterson, Currys

‘I’m an extrovert and I like to get out there. An in-house role is much more team orientated than private practice,’ notes Nigel Paterson, the general counsel (GC) of British electricals retailer Currys, on his decision to go in-house some 25 years ago. And it soon becomes apparent that, so illustrious has been his career, …

Dealwatch: US firms lead on household names The Body Shop and Yodel as restructuring returns

Dealwatch: US firms lead on household names The Body Shop and Yodel as restructuring returns

The long-dormant restructuring market has had a shot in the arm recently, with the City teams of US stalwarts winning lead mandates on the administration of The Body Shop and a rescue deal of Yodel. Jones Day and White & Case are handling the administration of cosmetic group The Body Shop, while Dechert and Weil …

Revolving Doors: Fried Frank expands London team with Goodwin trio as Orrick faces global losses

Revolving Doors: Fried Frank expands London team with Goodwin trio as Orrick faces global losses

Leading the high-profile moves this week, Fried Frank has strengthened its London private equity practice with a triple hire from Goodwin. Christian Iwasko , Michelle Tong, and Priya Rupal have departed from Goodwin after a three-year stint, and bring with them experience at Sidley and Kirkland & Ellis. Elsewhere in the City, Clifford Chance has bolstered …

Paul Hastings scores double win from Latham after recent London losses

Paul Hastings scores double win from Latham after recent London losses

Paul Hastings has hired litigation and trial partners Oliver Browne and Stuart Alford KC from Latham & Watkins, just days after it lost structured finance partner Blake Jones to Clifford Chance. Paul Hastings confirmed the moves today (16 February). Browne leaves Latham after 18 years, having most recently served as the London co-chair of the …

‘It’s a differentiating year’: Hogan Lovells sees double-digit growth in revenue and PEP

‘It’s a differentiating year’: Hogan Lovells sees double-digit growth in revenue and PEP

As financial reporting season kicks off in earnest, Hogan Lovells has today (13 February) reported a 10% boost in global revenue to $2.68bn as profit per equity partner (PEP) jumped 20% to $2.74m. This performance represents a $250m increase in the firm’s top line, contrasting with a $174m decline last year. After a 7% drop …