Private equity

Private equity

Claire McDaid, Willkie Farr & Gallagher While it is always difficult to untangle the platform from the individual, Willkie Farr & Gallagher’s Claire McDaid’s (pictured above) record as a business-builder could not be clearer. The former Kirkland & Ellis partner was recruited in 2014 along with Matthew Dean to spearhead a City private equity practice …

US firms continue City growth as White & Case and Cooley see double-digit revenue spike

US firms continue City growth as White & Case and Cooley see double-digit revenue spike

White & Case’s City office posted revenue of $328m for 2017, a 13% increase on last year’s $290m figure, while Cooley has reached $57.5m in its third year in London. Globally, Sidley Austin has also posted significant revenue and profit growth for 2017. 2017 global revenues for White & Case also saw a substantial boost, …

Revolving doors: Clyde & Co launches in Hamburg with four-partner Ince team

Revolving doors: Clyde & Co launches in Hamburg with four-partner Ince team

Germany has today (12 February) taken centre stage in the European lateral recruitment market with Clyde & Co announcing the launch of a new office in Hamburg on the back of a four-partner team hire from insurance and shipping rival Ince & Co. Clyde will be launching its second German office after Düsseldorf later this …

For what they’re worth – Links, 2Birds and Pinsents among law firms disclosing chunky gender pay gaps

For what they’re worth – Links, 2Birds and Pinsents among law firms disclosing chunky gender pay gaps

The UK’s top law firms have begun disclosing figures on gender pay gaps, with an initial round of numbers showing City giant Linklaters has the biggest gulf between male and female earnings. The Magic Circle firm on Wednesday (7 February) published its figures for gender pay bands, as required under legislation introduced last year, which showed …

Both sides now: Milbank sees UK revenue jump 9% as Jones Day loses another two City partners

Both sides now: Milbank sees UK revenue jump 9% as Jones Day loses another two City partners

Contrasting fortunes summarises the position of two key US players in the London market these days, with an expansive Milbank, Tweed, Hadley & McCloy posting its highest-ever London revenues while Jones Day has seen three City partners leave since the start of the year. Revenue at Milbank’s London office grew 9% to $125m in 2017 …

#MeToo latest – Bakers to launch review of assault complaint-handling as claim partner to depart

#MeToo latest – Bakers to launch review of assault complaint-handling as claim partner to depart

Baker McKenzie is to launch a review of its procedures following the handling of an allegation that one of its partners sexually assaulted a junior lawyer. Bakers confirmed the move after details of the incident and its handling went public on Friday (2 February). In a statement, Bakers confirmed the partner will be leaving the …

#MeToo: Baker McKenzie partner sanctioned after accusations of sexual assault

#MeToo: Baker McKenzie partner sanctioned after accusations of sexual assault

A Baker McKenzie partner has been accused of sexually assaulting an associate, it has emerged in the latest of a string of uncomfortable developments for the legal profession. The incident occurred several years ago and was reported by the law firm’s HR team. Bakers carried out an investigation and ‘sanctioned’ the partner, who has remained …