Financials 2017/18: CMS claims 25% profit hike post-merger as DWF’s top line grows 23%

Financials 2017/18: CMS claims 25% profit hike post-merger as DWF’s top line grows 23%

CMS UK has today (20 November) claimed profits have grown 25% in the six months since its three-way merger with Nabarro and Olswang. Meanwhile, DWF’s unrelenting push internationally has seen turnover grow 23% at the H1 2017/18 stage. Following its tripartite merger on 1 May this year, CMS said H1 turnover for its UK business …

The Brexit effect: Bristows to open first international office in 180-year history with Brussels launch

The Brexit effect: Bristows to open first international office in 180-year history with Brussels launch

Technology and life sciences specialist Bristows is to open in Brussels next year in a move that underlines the impact of Brexit on City stalwarts. In what will be its first move overseas in its 180-year history, Bristows’ EU regulatory and competition lawyers will be using the new office from March 2018 as a base …

Dentons targets in-house lawyers as it adds new consultancy service to Nextlaw family

Dentons targets in-house lawyers as it adds new consultancy service to Nextlaw family

Dentons has embarked on yet another chapter in its experimentation with the legal services model as the 8,000-lawyer giant announced the launch of Nextlaw In-House Solutions yesterday (15 November). The fifth service line to come out of the firm’s spin-off Nextlaw business, the new consultancy service will see 50 of the firm’s lawyers – all …

Letter from… Frankfurt: Where political deadlock is fine for business… but not all lawyers

Letter from… Frankfurt: Where political deadlock is fine for business… but not all lawyers

What a difference a few hundred miles can make: an election not resulting in a clear majority; a government polling much worse than expected; a leader weakened; and complicated negotiations ahead. In London, such headlines spell uncertainty, prudence, even panic. While any poll in the UK fills its legal community with trepidation, the Germans reacted …

‘Rationalisation and upgrade’: CMS UK sublets legacy Nabarro and Olswang headquarters

‘Rationalisation and upgrade’: CMS UK sublets legacy Nabarro and Olswang headquarters

Six months into the UK’s largest ever legal merger, CMS has signed deals to sublet most of legacy Nabarro and Olswang’s London offices. Lloyds Bank has today moved into Nabarro’s former premises at 125 London Wall, while University College London (UCL) and US law firm Quinn Emanuel Urquhart & Sullivan have taken four of Olswang’s …

Revolving doors: Gibson Dunn & Crutcher continues City push as Bird & Bird hires in Europe

The push by leading US firms in London has continued in the past week, with Gibson Dunn & Crutcher the latest to strengthen its City cohort with a senior hire from a regulator, while Bird & Bird strengthened its international ranks with a lateral hire in Denmark. Gibson Dunn bolstered its UK disputes and white-collar …

Promotion time: Latham keeps City round at two as new partners focused on Big Apple

Promotion time: Latham keeps City round at two as new partners focused on Big Apple

Latham & Watkins may have been aggressively sweeping up City talent from rivals but the US-based giant is remaining conservative on making up its own in the Square Mile with the firm this week confirming the promotion of two partners in London. Charles Armstrong in finance and corporate specialist Huw Thomas have been appointed to partnership …

Looking stateside again: BLP in ‘surprising’ merger talks with Bryan Cave

Looking stateside again: BLP in ‘surprising’ merger talks with Bryan Cave

‘Surprising’ was the adjective frequently deployed by City partners in October when merger talks between Berwin Leighton Paisner (BLP) and US firm Bryan Cave were unveiled, with BLP going back to the US market 19 months after its attempts to tie up with Greenberg Traurig ended brutally. The new candidate for a transatlantic union is …

As Nextlaw swells, will Dentons’ platform mark the end of referral clubs… or something bolder?

As Nextlaw swells, will Dentons’ platform mark the end of referral clubs… or something bolder?

Marco Cillario assesses whether Nextlaw is a network or Dentonsʼ Uber With typical distaste for the status quo, Dentons chair Joe Andrew last year described the launch of Nextlaw Global Referral Network as the beginning of the end for traditional law firm networks. The new platform, conceived and paid for by Dentons, differed from other …

NYLon focus continues as Kirkland and White & Case announce promotion rounds

NYLon focus continues as Kirkland and White & Case announce promotion rounds

Elite US firms ramped up their London partner headcounts in October, with Kirkland & Ellis making up a record 97 new partners – equal to more than 10% of its existing partnership – 13 of them in its fast-growing London base, while White & Case’s more modest 31 included seven in its City arm. The …