White & Case nears $3bn mark as expense control drives double-digit PEP hike

White & Case nears $3bn mark as expense control drives double-digit PEP hike

White & Case has taken another step towards the $3bn turnover mark, posting a 4.3% increase in global revenues to $2.95bn for 2023, despite London turnover dipping 1.6% to $444m. The international firm saw global revenues rise from $2.83bn in 2022, when London turnover stood at $451m. Profit per equity partner (PEP) increased by 12.7% …

Changing of the guard: DLA Piper elects next managing partner

Changing of the guard: DLA Piper elects next managing partner

DLA Piper has today (23 February) announced the election of Charles Severs as its next managing partner. His tenure will begin on 1 January 2025. Severs moved to DLA Piper as a partner in 2003 from Herbert Smith Freehills.  A Legal 500 Hall of Famer for M&A: Lower Mid-Market Deals, Severs has an impressive client …

Revolving Doors: A&O bolsters City structured finance team with Milbank hires

Revolving Doors: A&O bolsters City structured finance team with Milbank hires

Leading this week’s high-profile moves, Allen & Overy has appointed John Goldfinch as a partner in its global structured finance practice in advance of its planned merger with Shearman & Sterling. Previously at Milbank, Goldfinch has experience dealing with derivative products and securitisation asset classes including CLOs and CDOs (cash and synthetic), lease receivables, trade …

Financial Regulatory and Disputes Summit: Stranger than fiction

Financial Regulatory and Disputes Summit: Stranger than fiction

Even amid a stellar agenda at Legal Business’ Financial Regulatory and Disputes Summit 2023 last November, CMS’ session – Shams and charades: Lessons learned from abusive litigation against banks – made shockwaves around the auditorium of the Queen Elizabeth II Centre in London’s Westminster. Indeed, it’s not often that a panel discussion elicits gasps of …