Revenues at Cadwalader Wickersham & Taft dropped by a striking 10% in 2017 as the firm persists with retrenching in a bid to concentrate its efforts on a more focused client roster. Global revenue at the Manhattan firm fell for the third consecutive year to $408.1m against a 15% dip in the firm’s lawyer headcount …
Latham & Watkins, Baker McKenzie, Clifford Chance (CC) and Allen & Overy (A&O) have lined up alongside a group of top independents in two multi-billion euro deals as Europe’s M&A scene maintains its brisk 2018 form. Latham advised Global Infrastructure Partners (GIP) on the €1.94bn acquisition of Italian railway operator Italo – Nuovo Trasporto Viaggiatori …
It has been an expansive start of the year in terms of partner hires for a group of finance-focused US shops with tight London operations. First Cadwalader, Wickersham & Taft’s City restructuring practice was decimated by the departure of four partners to Milbank, Tweed, Hadley & McCloy, led by global financial restructuring co-chair Yushan Ng, …
Continue reading “Cadwalader takes multiple hits in London as Milbank and Brown Rudnick swoop in”
Norton Rose Fulbright (NRF) made headlines in 2017 by pulling off mergers in the US and Australia, but 2018 has started with the firm retrenching internationally, closing in Kazakhstan and Abu Dhabi while Paul Hastings raided its Japanese corporate team. NRF Tokyo head of corporate, M&A and securities Eiji Kobayashi joined Paul Hastings’ Japanese base …
Continue reading “After an expansive 2017, Norton Rose Fulbright starts year with Asia pullback”
Bird & Bird has bolstered its Budapest operations by adding a 20-strong Weil, Gotshal & Manges team, bringing the US firm’s presence in Hungary to an end. Both parties insisted that the two-partner team move on 1 February was the result of an ‘amicable arrangement’ between the firms rather than headhunting by Bird & Bird.
‘You will have to go out and find the women – they won’t come to you,’ warns Travers Smith partner Lucie Cawood when Legal Business began researching this cover feature. That proved an astute prediction. Searching for senior female talent in the City, amid weeks spent amassing nearly 60 interviews with partners, law firm leaders, …
Continue reading “Alphas – the hunt for female deal stars (and why it’s hard to be a City woman)”
Freshfields is acting for the official receiver One of the largest UK insolvencies for years, the collapse of construction giant Carillion is poised to have a wide-ranging impact on a number of industries, not least among the most prominent restructuring and insolvency advisers in the City.
‘All the top people in this country have grey hair,’ notes one Milan playmaker. It is a truth Italians know all too well: those pulling the strings of the country’s politics and economy are often years past the average European age of retirement. And law is no exception. The country’s top firms still owe their …
Continue reading “Letter from… Milan: Living in style yet still playing the generation game”
Aedamar Comiskey and Jessamy Gallagher, Linklaters Linklaters’ head of corporate Aedamar Comiskey (pictured above) stands as one of the few female heavyweights in public M&A. The former senior partner contender has established herself as a substantial business generator, acting as Linklaters’ relationship partner for key clients including Aviva and HSBC. With many of her clients …
My family moved from London to Essex in the seventies, we bought a big house with a big garden and were going to live off the land. We were basically seen as the village’s hippies – the obvious background for a City lawyer! It went wrong because my dad wasn’t very good at killing chickens, …
