Announced more than a year ago, the largest merger in the Spanish banking sector for some time became a reality in early 2021. The Spanish competition authority cleared CaixaBank’s acquisition of state-owned financial entity Bankia – which was bailed out during the country’s banking crisis in 2012 – at Phase I, subject to conditions. This …
In a bold Bay Area play, Cleary Gottlieb has announced that it is opening in California with the arrival of renowned antitrust trial lawyer Heather Nyong’o and the relocation of a team of partners and associates from its New York and Washington DC offices to Palo Alto and San Francisco. Nyong’o was partner-in-charge of WilmerHale’s …
The 21 London-based firms that sit in the second half of the LB100, many of which are specialist, focused players, are known for packing a punch that belies their size. These firms average 179 lawyers and 29 equity partners and have a combined turnover of more than £1bn. The group contains some of the strongest …
Continue reading “LB100 Second 50: City and Boutique – Percentage play”
The regional and smaller national firms that sit in the 51-100 bracket of the Legal Business 100 (LB100) have again proved their mettle. Twenty nine firms, with an average of 250 lawyers and 30 equity partners, have shone again. Following last year’s 7% overall revenue growth, the group’s collective revenue was down to £1.41bn for …
Continue reading “LB100 Second 50: Regional View – Faster, higher, stronger”
Pinsent Masons, Travers Smith and easyJet were among the major winners at the 2021 Legal Business Awards, which returned as a live event following the pandemic, bringing together 600 guests in Covid-safe conditions at the Grosvenor House hotel on 30 September. As is tradition, the event was preceded by a reception to mark the launch of …
Continue reading “The Legal Business Awards and GC Powerlist UK 2021: Great to be back!”
Pinsent Masons, Travers Smith and easyJet were among the major winners at the 2021 Legal Business Awards, which returned as a live event following the pandemic, bringing together 600 guests in Covid-safe conditions at the Grosvenor House hotel last night (30 September). Hosted by prominent political figure William Hague, the evening saw Pinsents crowned Law Firm …
The past week has seen a number of moves between Global 100 players in Europe, as well as some significant hires in Asia and the UK. McDermott Will & Emery has hired antitrust partner Frédéric Pradelles from Latham & Watkins in Paris. He is recognised for his strength in French and European competition law and regularly advises major French …
It is with tremendous sadness that we learned that our former colleague and friend, Stephen J Doggett, passed away on 8 August after a two-year battle with a rare form of cancer (synovial sarcoma). He was just 40. Like many legal journalists and law firm consultants of his generation, Stephen (or SJD as he affectionately …
Addleshaw Goddard has kept pace with an emerging trend over the past month, posting robust financial results for 2020/21 following a pandemic-hit year previously. Revenue this time around is up 12% to £321m from £288m in 2019/2020. The firm said this constitutes an eighth year of successive income growth, ‘delivered notwithstanding the challenges of the …
Continue reading “Financials 2020/21: Addleshaws to triple bonus provision following standout year”
Amid an uncharacteristically sluggish week for lateral hires, two top-50 Legal Business 100 firms have welcomed former colleagues back to their London insurance practices. Herbert Smith Freehills has hired Will Glassey to further bolster its solicitors’ professional indemnity and regulatory practice, as well as its professional negligence offering more broadly. He joins from Mayer Brown, where …
Continue reading “Revolving Doors: HSF and RPC reunite with former London insurance specialists”
