International round-up: Squires enters Italy as NRF shuts Bahrain outpost

International round-up: Squires enters Italy as NRF shuts Bahrain outpost

Squire Patton Boggs has entered the Italian legal market with a four-partner Milan base while Norton Rose Fulbright has become the latest to join a long series of office closures in the Middle East. Squires said today (23 January) it has picked the Northern Italian city for its 45th office with a team from US rival …

International roundup: Dentons enters Ireland and Cooley steps into Singapore as Winston leaves the Middle East

International roundup: Dentons enters Ireland and Cooley steps into Singapore as Winston leaves the Middle East

Dentons is to enter one of the few European jurisdictions missing from its sprawling international network by launching an outpost in Dublin. Law firms’ strategies in the Middle East and Asia continue to diverge, meanwhile, with Winston & Strawn concluding its five-year spell in Dubai as Cooley confirmed its third office launch in less than a …

NRF London partner promotions flat at eight in North America-focused round

NRF London partner promotions flat at eight in North America-focused round

Norton Rose Fulbright has promoted 48 lawyers to partner and five to the South African partner-equivalent role of director, increasing its intake on last year’s 46. Promotions in its City base stayed the same as last year at eight, however, as the firm focused heavily on its American business, which accounted for more than half …

Hogan Lovells ramps up London partner promotions in 29-strong round

Hogan Lovells ramps up London partner promotions in 29-strong round

Hogan Lovells has increased partnership promotions in the City for the fourth successive year, minting eight in London amid a slightly scaled back round. The firm announced today (6 January) it has promoted 29 of its lawyer to the partnership in the last round overseen by chief executive Steve Immelt (pictured), who will hand over to …

LLP accounts: Pension costs hurt CC profits as A&O leadership sees pay increases

LLP accounts: Pension costs hurt CC profits as A&O leadership sees pay increases

Operating profit at Clifford Chance (CC) UK LLP fell 5% to £260m in the year to 30 April 2019 amid rising pension costs while management at City rival Allen & Overy (A&O) saw a 8% pay rise to £16m, the two firms’ recently published accounts have revealed. The fall in profits at CC’s LLP – …

Some joy for UK partnership as Hogan Lovells board backs City-based litigation chief as deputy CEO

Some joy for UK partnership as Hogan Lovells board backs City-based litigation chief as deputy CEO

While missing out on the firm’s top management role, Hogan Lovells’ London office is all but certain to see one of its most prominent partners appointed as deputy leader for the second time in a row. Two weeks after the board recommended him as the firm’s next chief executive, Asia Pacific head Miguel Zaldivar nominated …

Kirkland alumni gets nod as Sidley promotes two in London following 30-strong promotion round

Kirkland alumni gets nod as Sidley promotes two in London following 30-strong promotion round

Sidley Austin has promoted two of its City associates to partner, including one of the 40 lawyers who has joined the firm from Chicago rival Kirkland & Ellis over the last three years. The round announced today (12 December) saw the number of those minted in the City lift on last year, when the firm only …

Regime change – The scorched-earth approach to legal education reform

Regime change – The scorched-earth approach to legal education reform

Its supporters are accused of advocating reforms not fit for purpose, posing a threat to the standing of the profession; its detractors are derided as ‘dinosaurs’, apologists for inequality and ‘buggers’ who moan about everything. Four years since the Solicitors Regulation Authority (SRA) announced plans to shake up legal education in England and Wales with …

RPC’s surprise partnership shake-up signals focus on next generation but is the firm still playing too safe?

RPC’s surprise partnership shake-up signals focus on next generation but is the firm still playing too safe?

Marco Cillario assesses the background to RPC’s decision to abandon all-equity structure At a November press event held by a top-25 UK law firm, Legal Business was struck by a sudden spike in the guests’ interest in RPC. The 76-partner firm has long been a respected insurance and litigation business, and solid mid-weight operator, but …

Letter from… Brussels: Brexit convulsions prove no problem for Brussels hands as the age of tough antitrust enforcement proves a boon

Letter from… Brussels: Brexit convulsions prove no problem for Brussels hands as the age of tough antitrust enforcement proves a boon

In mid-October, when Legal Business decided it would dedicate this column to analysing the Belgian legal market, there was still the outside chance that it would appear in our first post-Brexit issue. By the time the piece was written a few days later, the UK Government had conceded defeat on its pledge to take the …