Kathryn McCann assesses the impact of the cyber attack on DLA and the wider legal market For years, the possibility of a major cyber attack on a leading law firm has been discussed. Inevitably, it finally materialised. On 27 June DLA Piper was crippled for days after the global giant’s systems were hit by what …
Eversheds Sutherland expanded in Germany in August, opening its fourth office in the country after acquiring Düsseldorf-based firm Grooterhorst & Partner. The new office, which is focused on real estate and insurance, opened with three partners: Johannes Grooterhorst, Marc Christian Schwencke and Ralf-Thomas Wittmann. The trio were joined by a team of 11 lawyers.
Barry Devereux, managing partner of Irish leader McCann FitzGerald, is not letting the bad Irish weather dampen his spirits. ‘The Irish market is buoyant and there are a lot of things going on. The economy is growing, markets are good and debt is relatively inexpensive. The climate is good for deal-making. Brexit is the reality, …
The strain of macroeconomic conditions on UK firms is starting to show, as the immediate impact of last year’s Brexit vote meant many firms experienced a slow summer and a dip in confidence that carried on for many until the end of 2016 and even into the new year with the triggering of article 50 …
Continue reading “Legal Business 100: The second 50 Regional view – After the bang”
A Brexit-driven boost to Dublin as a professional services hub has been much discussed and now appears to be materialising as Covington & Burling has confirmed that it is the second international law firm to launch locally following last year’s referendum vote. The Dublin launch, which is still subject to regulatory approval, will focus on regulation, …
It has been a legal trend more discussed than delivered in recent years but Eversheds Sutherland has made good on its pioneering work as a sole adviser to major corporates to secure the panel work of Turkey’s national flag carrier Turkish Airlines. The arrangement, which will last for three years, will cover all of the airline’s day-to-day …
With growing pressure on firms to increase efficiency in the delivery of legal services through technology, as many as 100 legal personal assistant (PA) roles at Pinsent Masons are at risk of redundancy following a consultation launched by the firm. The consultation will end by November and could affect any of the firm’s UK offices.
Eight months on and the King & Wood Mallesons (KWM) saga continues, with a progress report filed this week revealing the cost of the firm’s European administration amid confirmation that ex-staff are set to receive a payout. According to a report filed by administrator Quantuma at Companies House on 5 September, CMS Cameron McKenna received …
The internationalisation of insurance law continues apace. Just four months after securing a merger with US practice Carroll McNulty & Kull (CMK), Kennedys has taken a New York team from Sedgwick including the firm’s former managing partner, John Blanchett. Partners Christopher Novak and Matthew Ferguson will also join Kennedys alongside three associates. Blanchett, who headed up Sedgwick’s …
With August drawing to a close, London’s simmering lateral hire market is already heating up again with DLA Piper, Pinsent Masons, Kirkland & Ellis and Debevoise & Plimpton among the firms bringing in new partners. At DLA Piper, the firm’s finance team made its first hires since Maurice Allen’s appointment in March as a consultant, appointing …
