‘There are Formula 1 drivers and other drivers’ – who’s winning the race for London’s lev fin work?

‘There are Formula 1 drivers and other drivers’ – who’s winning the race for London’s lev fin work?

Georgina Stanley and Ben Wheway cast an eye over one of the City’s most contested practice lines ‘Leveraged finance is an industry that thinks in American,’ notes one former veteran of the Magic Circle, now with a US outfit, reflecting on the much-changed dynamics of Europe’s credit markets.

‘Reflecting the market right now, not several years back’ – The Legal 500 UK launch unveils a new approach

‘Reflecting the market right now, not several years back’ – The Legal 500 UK launch unveils a new approach

Late last month we published the first Legal 500 UK guide since I took over as editor. While changing something the size of the UK guide is going to take time (for context we include some 1,300 UK and US firms across more than 10,000 individual rankings) readers will have already noticed some improvements. The …

Dynamic forces – The Legal 500 UK launch unveils new approach

Dynamic forces – The Legal 500 UK launch unveils new approach

Late last month we published the first Legal 500 UK guide since I took over as editor. While changing something the size of the UK guide is going to take time (for context we include some 1,300 UK and US firms across more than 10,000 individual rankings) readers will have already noticed some improvements. The …

Firms pile into fast-moving corporate crime sphere but is there enough work to keep all hands busy?

Firms pile into fast-moving corporate crime sphere but is there enough work to keep all hands busy?

  Georgina Stanley and Anna Cole-Bailey assess a highly competitive sector in flux Tesco, Rolls-Royce, Unaoil, Greenergy – as companies face increasing scrutiny of their governance and anti-corruption procedures, the number of law firms striving to corner the lucrative white-collar/corporate crime market shows no sign of abating.

Comment: Women in The Legal 500 – A step in the right direction but we need your help

Comment: Women in The Legal 500 – A step in the right direction but we need your help

When I joined the UK Legal 500 a year ago, one of the main ambitions I set out was to improve diversity in our rankings and, in particular, the proportion of cited women. The reason was obvious – women are under-represented at senior levels in law firms and this has also historically been the case …

New players and funding prompt evolution of disputes but City leaders adapt well

New players and funding prompt evolution of disputes but City leaders adapt well

‘We’ve disrupted the market – everybody knows about us now,’ says Quinn Emanuel Urquhart & Sullivan London co-managing partner Ted Greeno of the US firm’s inexorable rise in the City. The ex-Herbert Smith Freehills (HSF) partner, himself one of a string of high-profile recruits Quinn Emanuel made since its London launch in 2008, has a …

Top Trumps, City-style – Who holds the cards in private equity?

Top Trumps, City-style – Who holds the cards in private equity?

If there’s one City practice that has barely paused for breath in recent years, it is private equity (PE). Global buyout values reached a record high in 2018 and, while Mergermarket data suggests the first half of 2019 slipped back somewhat, activity levels remain strong, with take-privates driving much marquee M&A activity. This has only …

Client Service Awards – What clients really want

Client Service Awards – What clients really want

Stewarts, Mishcon de Reya and Weil, Gotshal & Manges have emerged among the top-performing law firms for client service in the UK, according to brand new Legal 500 research assessing what clients really think about their external advisers. The trio are among a host of leading US and UK firms to have been recognised by …

The Women in Law debate: The challenge of you

The Women in Law debate: The challenge of you

Building on last year’s cover feature on the City’s star female deal counsel, Legal Business teamed up with Freshfields Bruckhaus Deringer for a reception celebrating the strides made… and steps still to be taken. The 80 senior lawyers across in-house and private practice that gathered at The Ned in late November heard from a panel …

Comment: Women redefining City law – a few teachable moments and the odd necessary evil

Comment: Women redefining City law – a few teachable moments and the odd necessary evil

When high-profile GCs still talk of being mistaken for a PA (as BT’s Sabine Chalmers was not that long ago), it’s a reminder of how much more progress needs to be made to clear the path to the top for women in law. Yes, there has been improvement over the last ten years. According to …