NRF partner promotions delayed as firm moves to US financial reporting ‘to align with the global business’

NRF partner promotions delayed as firm moves to US financial reporting ‘to align with the global business’

Norton Rose Fulbright (NRF) is shifting its financial reporting to the US calendar year-end in a symbolic move towards a more integrated business. The move, which the firm describes as a bid to align the European operations with the global business, also means NRF will not be announcing Europe, the Middle East and Africa (EMEA) partner …

‘Synergies and cost savings’: Links, Slaughters and Gibson Dunn advise as Sainsbury’s takes over Asda to create supermarket giant

‘Synergies and cost savings’: Links, Slaughters and Gibson Dunn advise as Sainsbury’s takes over Asda to create supermarket giant

Linklaters, Slaughter and May and Gibson Dunn & Crutcher have won key roles as Sainsbury’s agreed to merge with Asda in a landmark £3bn deal which will create Britain’s biggest supermarket chain. The deal announced today (30 April) will establish one of the largest employers in the country, worth £51bn in revenue, operating around 2,800 …

Fieldfisher, Kirkland and Stephenson Harwood the major winners at 2018 Legal Business Awards

Fieldfisher, Kirkland and Stephenson Harwood the major winners at 2018 Legal Business Awards

Fieldfisher, Kirkland & Ellis and Stephenson Harwood were the big winners at the 2018 Legal Business Awards in front of more than 900 people last night (18 April), as Allen & Overy’s deal star Denise Gibson was recognised as Lawyer of the Year and BT’s Dan Fitz GC of the Year. Hosted by journalist, writer …

Covington strengthens in Europe with Frankfurt launch as Dentons takes chunk of ailing Australia player

Covington strengthens in Europe with Frankfurt launch as Dentons takes chunk of ailing Australia player

Covington & Burling is to deepen its European footprint with the opening of a new office in Frankfurt – the firm’s third office in the region – while Dentons has taken on 17 partners from domestic Australian firm DibbsBarker. The US firm has announced today (28 March) the opening of a new Frankfurt branch, which will …

‘Investments have come home’: City branches stand out in big year for US players

‘Investments have come home’: City branches stand out in big year for US players

Marco Cillario finds City offices outpacing worldwide growth at many Global London firms 2017 was a boom year for many of the London outposts of US law firms, with several convincingly outpacing their firm’s global performance financially and two passing the $300m mark. And it was not just a frenetic private equity market that boosted …

A Tale of Two Citys – a growing divide emerges as the US elite storms ahead in London

A Tale of Two Citys – a growing divide emerges as the US elite storms ahead in London

A surging private equity market, the City’s first $10m lateral and two law firms passing the $3bn mark. At first glance, 2017 looks to have been another boom year for international players in London. Neither did it hurt that City practices in a significant number of cases outpaced firm-wide revenue growth at many prominent US …

‘It’s a promotion problem’: what the gender pay gap figures tell us so far

‘It’s a promotion problem’: what the gender pay gap figures tell us so far

Marco Cillario rounds up the latest stats as the April deadline looms And so it begins. The first gender pay gap reporting season has kicked off and for many Legal Business 100 law firms (and indeed all British companies with 250+ people) there is an early April deadline to disclose how much they are paying …

The generation game – Linklaters makes Italian corporate play with veteran rainmaker Casati

The generation game – Linklaters makes Italian corporate play with veteran rainmaker Casati

It is well known that Italian law firms owe much of their fortunes to a small group of veteran rainmakers when it comes to M&A work. In a market still dominated by elder statesmen and their decades-long connections with the country’s top corporates, 69-year-old Roberto Casati leaving Cleary Gottlieb Steen & Hamilton to join Linklaters …

Come together – Bakers unites UK and EMEA under single profit pool but Germany and France stay out

Come together – Bakers unites UK and EMEA under single profit pool but Germany and France stay out

Integration has long been one of the key issues for Baker McKenzie, a firm with heritage as a franchise and a long fight against the much-loathed ‘McFirm’ tag. A sign that things are changing came in February, when Legal Business reported that the firm is to bring London and eight of its offices in Europe, …