Having backed out of its proposed London float late last year, UK headquartered software company Misys has merged with Canadian fintech DH Corp through its private equity backers with Kirkland & Ellis and Cravath, Swaine & Moore winning lead roles on the deal.
DLA Piper has seen global turnover drop to $2.47bn for 2016 as overall profits improved by 6%. Revenue fell 3% from last year’s $2.54bn, while net profit was up to $643.4m from $605.4m the previous year.
While its merger driven expansion has made Dentons a global giant, integration across the firm’s US business has led to 60 job losses across 22 offices.
An early mover in announcing its 2017 partner promotions, Pinsent Masons has made up 16 partners, including enough female partners to reach its 25% representation target a year early.
Two years after Cooley‘s launch in the City with a dramatic flurry of hires, the office has hit turnover of $47m and grown rapidly. Matthew Field talks to Cooley London managing partner Justin Stock about the firm’s next move.
In an unusual break from its mantra of transparency, the Solicitors Regulation Authority (SRA) has decided it will no longer hold public board meetings or give members of the legal press permission to attend.
Linklaters has launched a pair of artificial intelligence (AI) products in the latest innovation push for the Magic Circle firm, including a tool to navigate ring-fencing reforms for core banking clients.
After 27 years at the Magic Circle firm, former senior partner Robert Elliott has been appointed chairman at Irish bank Permanent TSB Group Holdings.
Linklaters has launched a pair of artificial intelligence (AI) products in the latest innovation push for the Magic Circle firm, including a tool to navigate ring-fencing reforms for core banking clients. Both Lloyds Banking Group and The Royal Bank of Scotland (RBS) have used the firm’s LinkRFI software, which is used to classify thousands of …
Changes could mean a one-third increase for City offices With bank debt and real estate costs two of the most common causes of law firm distress, increases in business rates were met with concern by real estate professionals and lawyers in the Square Mile last month.
