Global 100 firms have taken the lead on a trio of multibillion-dollar deals announced this week as the autumn deal season kicks off in earnest. London’s big four international firms have featured large opposite Wall street rivals, with Freshfields Bruckhaus Deringer acting on Hellman & Friedman’s $5.3bn acquisition of Nets and Clifford Chance (CC) on …
Marco Cillario finds deal professionals heaving a sigh of relief after a nail-biting end to 2016 Economic and political shocks took their toll on the deal market in the first half of 2017 as activity levels dipped but M&A professionals are sizing up the crucial post-summer period in an unexpectedly upbeat mood thanks to a …
Pinsent Masons is continuing its sustained international expansion drive with a new Australian arm in Perth and the hire of four infrastructure and energy partners from Norton Rose Fulbright (NRF). The UK law firm’s new Perth branch, to open in the autumn, will be its third Australian office after Sydney and Melbourne and its fifth …
In a quieter week for lateral hiring in the City, Global 100 firms have been strengthening their international operations. Mayer Brown partners Jochen Seitz and Peter Maier will move to Hogan Lovells’ international debt capital markets practice in Frankfurt.
PwC will continue to spearhead the push by the Big Four accountancy firms into the global legal services market with the launch of a law firm in Washington DC. ILC Legal will open in the US capital later this month to service US multinationals in their business dealings overseas.
China remains one of the most challenging markets to operate in profitably but the lure of its huge economy continues to lure investment from leading law firms with Herbert Smith Freehills (HSF) this week announcing the recruitment of three projects partners from Pinsent Masons. The move – touted as positioning HSF for the Asian giant’s huge …
CMS is continuing its global expansion with news that its French member firm has hired a two-partner real estate team from Herbert Smith Freehills (HSF) in Paris. With the acquisition of Nabarro and Olswang in the UK having moved real estate up the agenda at CMS, 12 lawyers will join CMS Bureau Francis Lefebvre at …
Continue reading “‘Real estate up the agenda’: CMS brings across Paris team from Herbert Smith”
Pity the poor business support staff. A week after Pinsent Masons confirmed that it was consulting on cutting 100 non-legal jobs, Hogan Lovells has announced that around 90 roles in its London arm are likely to go as part of a restructuring of its business. About 78 business service roles and 12 legal support roles …
After an initial flurry of hires in September there has been a pause for breath, leaving Osborne Clarke (OC) and Morgan, Lewis & Bockius to bring in senior lawyers in the UK in recent days. Pinsent Masons has seen financial services regulation partner Michael Lewis depart for UK top 25 rival OC. After a career which has spanned Norton Rose, Linklaters, …
A lack of clarity on the state of Brexit negotiations together with tougher macroeconomic conditions don’t seem to have impacted the UK top 100 law firms which posted an average 8.5% increase in fee income for the quarter ending July 2017. Deloitte’s quarterly legal sector survey showed the growth was largely due to a 7% …
