Revolving Doors: Kirkland exits stack up as firms invest in arbitration benches

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Revolving Doors: Kirkland exits stack up as firms invest in arbitration benches

The latest in a series of departures from Kirkland & Ellis in London has seen partner Philipp Kurek join City boutique firm Signature Litigation after 14 years at the Chicago-bred disruptor. Kurek specialises in international arbitration and represents clients in various sectors, including technology, real estate, and private equity. The move followed on from the …

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Deal star Johnson lands at Paul Weiss amid fresh round of hires from Kirkland and Linklaters

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Deal star Johnson lands at Paul Weiss amid fresh round of hires from Kirkland and Linklaters

Quelling weeks of market speculation, former Kirkland & Ellis deal star Roger Johnson has finally landed at Paul Weiss, along with three other Kirkland partners and a partner from Linklaters. The move sees Johnson, who was asked to leave the partnership of Kirkland in early August, reunited with debt superstar Neel Sachdev to co-lead Paul Weiss’ …

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‘We want to associate ourselves with winners’: Hogan Lovells’ Zaldivar sets out stall for second CEO term

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‘We want to associate ourselves with winners’: Hogan Lovells’ Zaldivar sets out stall for second CEO term

The partnership of Hogan Lovells has voted in chief executive Miguel Zaldivar for a second four-year term, the firm today (5 September) confirmed. The move follows on from the firm’s board’s unanimous recommendation that Zaldivar (pictured) be re-elected for a term starting on 1 July 2024, subject to a partner vote, which closed at the …

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Revolving Doors: Kirkland, Shearman and Latham hire in New York

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Revolving Doors: Kirkland, Shearman and Latham hire in New York

Despite the sluggish summer hiring season, it has been busy in New York. After losing several partners to Paul Weiss, Kirkland announced it had appointed partner Adam Shapiro to its debt finance group. He brings with him a wealth of experience in restructuring, leveraged finance and syndicated lending, having served at Simpson Thacher for 16 …

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‘The busiest two months I’ve had for a long time’ – interview with Sidley London team following recent private equity push

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‘The busiest two months I’ve had for a long time’ – interview with Sidley London team following recent private equity push

Following Sidley’s hire of private equity specialists Ramy Wahbeh and Kaisa Kuusk from Paul Weiss in June, Legal Business caught up with Wahbeh along with London managing partner Tom Thesing, and partner and management committee chair Yvette Ostolaza, to discuss the recent expansion in the City. So far this year, the firm has made a …

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Magic Circle in the US: Running to stand still

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Magic Circle in the US: Running to stand still

‘There are more than 40 US law firms that are more profitable than the Magic Circle. The Magic Circle firms are, in US profit terms, very much middle-of-the-road players.’ Maurice Allen, founder of consultancy LTN & Partners, who has been a partner at Clifford Chance (CC), White & Case, Weil, Freshfields and Ropes & Gray, …

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Numbers unveiled: 2022/23 financial results show 8% average revenue growth

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Numbers unveiled: 2022/23 financial results show 8% average revenue growth

The annual flood of financial results has engulfed the market once again, with Legal Business 100 firms observing how the Magic Circle firms in particular have performed compared to City peers. Financial performance reported among UK firms so far reveal an estimated average growth of 8% in revenue, only slightly down on the average revenue …

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A shoo-in: Hogan Lovells partners prepare to back CEO Zaldivar for a second term

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A shoo-in: Hogan Lovells partners prepare to back CEO Zaldivar for a second term

The board of Hogan Lovells has given its unanimous recommendation for Miguel Zaldivar (pictured) to be re-elected as the firm’s chief executive for another four-year term, starting on 1 July 2024.  The move will be subject to a partner vote, which closes at the end of August. Succeeding Steve Immelt, Zaldivar assumed the role of …

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Kirkland’s debt superstar Sachdev leads team exit as Paul Weiss launches English law practice

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Kirkland’s debt superstar Sachdev leads team exit as Paul Weiss launches English law practice

Debt finance rainmaker Neel Sachdev (pictured) has led a team defecting from Kirkland & Ellis to Paul Weiss, in what will be seen as a major coup for the Wall Street firm’s City ambitions. The hire of Sachdev is arguably the most influential transfer in the City’s history since buyout star David Higgins left Freshfields …

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‘If Zoom is doing it, everybody probably needs to be’: Growing number of US law firms mandate four-days-in-office week

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‘If Zoom is doing it, everybody probably needs to be’: Growing number of US law firms mandate four-days-in-office week

Lawyers adhering to a minimum of four days in the  office a week policy  is gaining traction among US firms, with Vinson & Elkins now joining the trend, while UK firms appear less inclined to follow suit just yet. Vinson & Elkins announced on 9 August that it will adopt a four-day in-office schedule from …

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