Global 100: Slaughter and May – Keeping the magic alive

Global 100: Slaughter and May – Keeping the magic alive

‘It’s a remarkable firm with a tremendous reputation, but it has to take note of the fact that the market is changing.’ So says one transatlantic law firm leader, summarising a view that has chimed throughout Legal Business’ numerous Global 100 interviews. Arguably the most conservative of the City elite, Slaughter and May has long …

Latham scores lead role in Man Utd’s potential sale as US outfits advise on Tom Ford deal

Latham scores lead role in Man Utd’s potential sale as US outfits advise on  Tom Ford deal

Latham & Watkins has had a busy November, picking up several multi-billion-dollar instructions across the sports, retail and telecoms sectors. Among the other firms securing lead roles are US peers Skadden, Paul Weiss and Orrick and Magic Circle competitors Linklaters and Allen & Overy (A&O). Following Latham’s lead role in the £4.25bn acquisition of Chelsea …

HSF, Davis Polk and Eversheds act on Made.com collapse as market expects FTX fallout

HSF, Davis Polk and Eversheds act on Made.com collapse as market expects FTX fallout

Partners from Herbert Smith Freehills (HSF), Davis Polk and Eversheds Sutherland have secured advisory roles on the administration and £3.4m sale of online furniture retailer Made.com to Next. In early November, Made.com filed notice of its intention to appoint administrators, advised by a HSF team led by London restructuring partner John Chetwood and including City corporate …

White & Case adds BCLP funds head as WilmerHale strengthens white-collar practice

White & Case adds BCLP funds head as WilmerHale strengthens white-collar practice

As the year-end approaches, US firms have dominated this week’s hiring round with additions across London’s transactional and disputes practices.  WilmerHale bolstered its London white-collar defence practice with the addition of Richard Burger. Burger – who is ranked as a leading individual by The Legal 500 and described as ‘a standout practitioner in the disciplinary/regulatory …

CC and Freshfields dish out US associate bonuses to match American rivals

CC and Freshfields dish out US associate bonuses to match American rivals

Clifford Chance (CC) has become the second Magic Circle firm to dish out competitive year-end bonuses to US associates, after Freshfields Bruckhaus Deringer matched US competitors’ rates last week. Both firms will pay their junior lawyers a lump sum based on their year of qualification. At both CC and Freshfields, newly qualified (NQ) associates will …

Tech giants: TL,DR – Too long, didn’t read

Tech giants: TL,DR – Too long, didn’t read

‘TL,DR. That’s a real thing for them [the big tech companies]. That language pops up. If you’re plodding in as an old-school lawyer you’re going to last three seconds in that room. They’ll just think you’re a wanker.’ So says one prominent external adviser to the ‘Big Five’ tech companies – generally agreed to be …

Perspectives: Nassib Abou-Khalil, formerly of Nokia

Perspectives: Nassib Abou-Khalil, formerly of Nokia

I grew up in Lebanon when there was a civil war. I say this with a bit of embarrassment but, because of the civil war, I never completed a school year. I had to be homeschooled for a lot of the time and the school year was always interrupted. I didn’t really have, like many …