On borrowed time – the GCs looking for answers in a post-LPO age

On borrowed time – the GCs looking for answers in a post-LPO age

The collapse of film giant Kodak in 2012 is already established to many as the definitive case study of the failure of a business convinced its model would last forever. At its peak, Kodak’s share of the photographic film market was more than 80% in the US and 50% globally. So, when a Kodak employee …

Keystone becomes second UK law firm to float in 2017 while Gordon Dadds goes shopping

Keystone becomes second UK law firm to float in 2017 while Gordon Dadds goes shopping

Recently listed Gordon Dadds acquires tax advisory business CW Energy November saw New Law player Keystone Law become the third UK law firm to float on the London Stock Exchange (LSE), following the trail blazed by Gateley two years ago and Gordon Dadds earlier this year. The mid-market challenger firm, which was granted an alternative …

‘A milestone’: Keystone becomes third UK law firm to float on London Stock Exchange

‘A milestone’: Keystone becomes third UK law firm to float on London Stock Exchange

Following the trail blazed by Gateley two years ago and Gordon Dadds this summer, New Law player Keystone will become the third UK law firm to float on the London Stock Exchange (LSE) with shares to begin trading on 27 November priced at 160 pence per share. Mid-market challenger firm Keystone Law, which will raise £15m …

Deutsche Bank names former Links veteran as new global law chief

Deutsche Bank names former Links veteran as new global law chief

Deutsche Bank has appointed a new legal head, handing its chief compliance officer and head of global governance Florian Drinhausen one of the most powerful general counsel roles in the cross-border legal market. The internal appointment comes after it was announced that co-general counsel (GC) Christof von Dryander and Simon Dodds are to leave the …

‘Selling the crown jewels’ – Gateley partners in £10m share sale

‘Selling the crown jewels’ – Gateley partners in £10m share sale

Following Gateley’s landmark listing in 2015 where partners pocketed a combined £25m, some senior partners have taken home almost £500,000 each after a stake in the top 50 UK law firm was sold for nearly £10m in October. Documents at the London Stock Exchange (LSE) show a sale of 6.21% of the firm’s equity due …

‘Good people are expensive’: Simmons to launch in Dublin through local hire

‘Good people are expensive’: Simmons to launch in Dublin through local hire

As speculation continues in the Irish market as to which international law firm will be the next to come knocking on the door of local partners, Simmons & Simmons has confirmed plans to launch in Dublin with a lateral hire from Mason Hayes & Curran (MHC). Simmons, which had long been rumoured to be considering …

Boon for City real estate market as Eversheds Sutherland leads on largest-ever UK fund launch

Boon for City real estate market as Eversheds Sutherland leads on largest-ever UK fund launch

In a major boon to the UK property market, recent changes to Stamp Duty Land Tax (SDLT) have sparked a trend that saw Eversheds Sutherland advise on the largest-ever launch of a UK property fund for Royal London Asset Management (RLAM) in October. The portfolio, worth over £2.7bn, seeded by the transfer of two existing …

Breaking China – Bird & Bird signs co-operation agreement with local leader AllBright

Breaking China – Bird & Bird signs co-operation agreement with local leader AllBright

It has achieved long-term revenue growth through sustained international expansion – particularly in Asia in recent years – but Bird & Bird has made what it will consider a significant step forward for its ambitions in the region – a non-exclusive co-operation agreement with leading Chinese firm AllBright Law Offices. The deal, which will see …