Visiting Milan at the end of 2019, it was striking that a map of law firms’ office addresses drawn up just the year before was no longer reliable: too many had moved, taken up larger premises… or no longer existed. Finding our way to meetings with 20 partners at domestic and international firms, an unusual …
Continue reading “The Italian report – Midway upon the journey of our life”
Taylor Wessing has made 10% of its 270-strong City business services staff redundant, the latest in a string of firms moving support roles to lower-cost locations. The UK top 20 firm announced the move today (7 February) following a consultation launched a year ago which affected up to 34 roles.
Cooley has kicked off the February lateral market in London by returning to US rival Latham & Watkins for a capital markets hire as Harbottle & Lewis and Dechert also made plays. Cooley hired from Latham’s capital markets practice for the second time in under a year, recruiting partner David Boles. He advises on international capital …
Operating profits at CMS Cameron McKenna Nabarro Olswang rose 20% to £192.8m after the firm restructured its Hong Kong and Turkish offices, the LLP accounts have revealed. Norton Rose Fulbright (NRF) also filed its LLP books this week (31 January), showing a £2m decrease in revenue in its EMEA business to £480.7m following a move to …
Latham & Watkins has become the latest US player to expand its City emerging company capabilities by targeting two mid-market UK firms for a double-partner hire. Taylor Wessing has seen one of its more senior departures in recent years as its head of technology, media and communications Mike Turner decamped to the US firm alongside Bird …
Penelope Warne (pictured) will remain at the helm of CMS Cameron McKenna Nabarro Olswang until May 2024 after the partnership confirmed her as senior partner for a second term. A spokesperson for the firm said the vote by the partnership closed today (24 January) but declined to comment on whether the election was contested.
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 …
Continue reading “International round-up: Squires enters Italy as NRF shuts Bahrain outpost”
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 …
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 …
Continue reading “NRF London partner promotions flat at eight in North America-focused 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 …
Continue reading “Hogan Lovells ramps up London partner promotions in 29-strong round”
