Legal Business 100 overview: Your story

Legal Business 100 overview: Your story

This year’s Legal Business 100 coincides with the most inauspicious of anniversaries after a year with the most inauspicious of beginnings. A decade since the start of the global financial crisis and just over a year since the result of the Brexit referendum, the perception is that political and economic uncertainty has ultimately had little …

Pinsents secures £1.3bn Carillion HS2 mandate

Pinsents secures £1.3bn Carillion HS2 mandate

Pinsent Masons picked up the key advisory mandate as embattled British construction company Carillion was handed a lifeline this summer thanks to the award of two contracts worth £1.3bn on the High Speed Two (HS2) project. Carillion is to build two sections of the UK’s second high-speed rail project from London to Birmingham along with …

Clients back New Law model as LOD posts post-merger revenue surge

Clients back New Law model as LOD posts post-merger revenue surge

Berwin Leighton Paisner‘s (BLP) freelance spin-off Lawyers on Demand(LOD) has posted 15% turnover growth in its first full-year results since it merged with Australia’s AdventBalance in March 2016, in what was the largest New Law merger to date. As the global flexible lawyering business saw its turnover grow to £35m for 2016/17, LOD co-founder and managing director …

Pinsents picks up key mandate on Carillion’s £1.3bn HS2 contracts

Pinsents picks up key mandate on Carillion’s £1.3bn HS2 contracts

Pinsent Masons has picked up the key advisory mandate as embattled British construction company Carillion was handed a lifeline last month thanks to the award of two contracts worth £1.3bn on the HighSpeed 2 (HS2) project. Carillion is to build two sections of the UK’s second high-speed rail project from London to Birmingham along with its …

‘Careful and diligent’: Reed Smith re-appoints global managing partner Thomas in uncontested election

‘Careful and diligent’: Reed Smith re-appoints global managing partner Thomas in uncontested election

Reed Smith has re-elected its global managing partner Alexander ‘Sandy’ Thomas for another three-year term following an uncontested election. The partnership vote drew to a close on 9 June and the firm confirmed his election this month, as he formally started his four-year tenure. Thomas has been managing partner of the firm for four years.

Global cartel fines drop substantially in first half of 2017 but market collusion and sanctions remain ‘cyclical’

Global cartel fines drop substantially in first half of 2017 but market collusion and sanctions remain ‘cyclical’

Global cartel fines have decreased significantly in the first half of 2017 with worldwide fines totalling $1.2bn, on track to be significantly lower than 2016 which counted fines of $7.8bn according to Morgan, Lewis & Bockius’ latest midyear cartel report. The report, however, which covers 70 countries, may not signify an overall drop in cartels investigations …

KWM Germany plans to double Chinese-German deals capability by mid-2018 in focus shift

KWM Germany plans to double Chinese-German deals capability by mid-2018 in focus shift

Asia-headquartered firm King & Wood Mallesons (KWM) has made a strategic commitment to its German practice with the hire of two new partners in Frankfurt to strengthen its Sino-German deals capability, following the collapse of its European arm in January. With four corporate partners in Germany, all based in its Frankfurt office, the firm told Legal Business that it plans to grow around 50% in …

Latham swoops on Quinn Emanuel for high-profile financial regulatory hire Berman

Latham swoops on Quinn Emanuel for high-profile financial regulatory hire Berman

Latham & Watkins has appointed head of financial services and regulatory David Berman from Quinn Emanuel Urquhart & Sullivan’s London office, returning to the firm for the recruit six months after hiringlitigation partner Martin Davies. Berman only joined Quinn in January this year and was previously Macfarlanes head of financial services regulation and a partner for nearly eight …

China buys: Mayer Brown and BLP land key roles on £1.3bn Walkie Talkie sale in record property deal

China buys: Mayer Brown and BLP land key roles on £1.3bn Walkie Talkie sale in record property deal

Mayer Brown, Berwin Leighton Paisner(BLP) and CMS Cameron McKenna Nabarro Olswang all advised on the £1.3bn purchase by Hong Kong investors LKK Health Products of London landmark skyscraper, 20 Fenchurch Street, or the ‘Walkie Talkie’. In the UK’s largest property deal to date, Mayer Brown UK real estate head Chris Harvey told Legal Business that the transaction demonstrates further appetite …

Slaughter and May leads as Freshfields and Paul Weiss take key roles on £900m Michael Kors buyout of Jimmy Choo

Slaughter and May leads as Freshfields and Paul Weiss take key roles on £900m Michael Kors buyout of Jimmy Choo

Slaughter and May, Freshfields Bruckhaus Deringer, Paul, Weiss, Rifkind, Wharton & Garrison and Skadden, Arps, Slate, Meagher & Flom are all advising on Michael Kors’ £900m offer for luxury British fashion company Jimmy Choo. Under the agreement, the shoemaker would become a wholly-owned subsidiary of Michael Kors. Its shareholders will receive £2.3 in cash for each of their Jimmy Choo shares, …