With sterling rallying against the dollar, firms have continued to show their commitment to the London market with significant hires this week. Allen & Overy has hired Marwa Elborai, who has defected to the magic circle after more than 16 years at Shearman & Sterling. US qualified leveraged finance partner Elborai —who is ranked as …
Travers Smith today (16 November) confirmed Kathleen Russ has been re-elected as senior partner for a second term, starting 1 July 2023. Russ first took on the role in July 2019 when she succeeded long term leader Chris Hale. She has been a tax partner since 2001 and led the tax team from July 2007 …
Hogan Lovells’ London M&A partner Ben Higson has been appointed as Vinson & Elkins’ London head of corporate. He takes up the role after 15 years at Hogan Lovells, including eight years as head of the corporate team. He also served as an elected member of the firm’s global management board between 2014 and …
Dubai partner Edmund Boyo and London partner Adrian Cartwright have stepped forward to challenge Clifford Chance’s (CC) incumbent senior partner Jeroen Ouwehand, three years into his four-year term. Structured finance specialist Boyo is well-regarded for his successful role as managing partner of the firm’s Dubai office. A CC lifer, he trained in the London office and …
Continue reading “Two step up to challenge Ouwehand as CC senior partner vote looms”
This week’s lateral recruitment round-up has an international flavour as firms make key hires at home and abroad. In the City, Anneliese Foster has re-joined Allen & Overy from Goldman Sachs, where she spent eight years as a managing director. Foster previously spent a decade at the magic circle firm, most recently as a senior …
For the 23 City and boutique firms that fall into the second 50 in this year’s LB100, average turnover is up 11% to £53.4m, marking the largest growth across all groups. ‘A couple of years ago people were saying it was the death of the mid-market. We don’t buy that. We think that the mid-market …
Continue reading “LB100: The second 50: City and Boutique – Living for the city”
The 27 regional and national firms occupying the 51-100 spots in this year’s LB100 come in with an average of 267 lawyers and 27 equity partners. But despite weathering Covid well, with average revenue increases of 11% and 13% in 2020 and 2021 respectively, our 2022 report sees growth flatten out, with average revenue up …
Continue reading “LB100: The second 50: Regional view – Steadying the ship”
Shifts that started with the financial crash galvanised in the decade that followed. Predictions of the rise of US firms were hastened by the reputational demise of banking clients and the acceleration of the private equity market. ‘Clients that were niche pre-financial crisis – the likes of Blackstone, KKR and Carlyle – became the successors …
Continue reading “30 years of LB100 – 2012-22: Don’t look now”
When Legal Business last took a deep dive into the firm’s then ‘unrivalled financial success’ in 2016, the entrepreneurial reputation of the Mishcon brand took centre stage. For this, the then managing partner Kevin Gold (pictured) and marketing maverick Elliot Moss were largely credited. ‘Mishcon has continually broken from the pack, often in a colourful …
Continue reading “LB100: Mishcon profile – All that glisters is not Gold”
‘Frankly, what’s a boardroom compared to a regiment of soldiers?!’ Claire Holdsworth is philosophical about her journey from army officer to motorbike-riding GC of Marathon Asset Management. Some say getting your foot in the door of a top law firm is often the hardest part for aspiring lawyers, but Holdsworth’s journey to her training contract …
Continue reading “The Client profile: Claire Holdsworth, Marathon Asset Management”
