Taking the helm of a global law firm is no small feat at the best of times, much less so amid a global pandemic. However Hogan Lovells’ chief executive Miguel Zaldivar and his deputy Michael Davison, who assumed their roles last summer, had cause for cheer as the pair revealed a solid set of financial …
Continue reading “Baptism of fire: New Hogan Lovells chiefs unveil record results as PEP nudges $2m”
Charlie Jacobs, senior partner, chairman and rainmaker of Linklaters has taken the road less travelled for outgoing law firm leaders, landing himself the role of co-head of investment banking at JP Morgan. The audacious move will see Jacobs (pictured), who in January announced he was leaving the Magic Circle firm in October after 30 years, …
Cooley’s London office has suffered a 4% revenue drop following the loss of its intellectual property team amid a striking 25% surge in PEP to $3.2m and strong financials globally. The results revealed London turnover fell to $70.3m from $72.9m in 2019 – a reversal after a 9% increase last year marked a third consecutive year of revenue growth .
White & Case has traversed the pandemic minefield to reveal its strongest City financial results yet, with the London office increasing revenue by 18% in 2020 to $397m from $337m in 2019. The pacey London showing comes against a backdrop of global success and proved something of a resurgence, given disappointing results in 2019 when …
Continue reading “Rude health: White & Case City revenue soars 18% and PEP cracks $3m to defy Covid”
Private equity heavyweights gained major mandates as the bidding war for Signature Aviation took a riveting twist, while the US-driven special purpose acquisition companies (SPAC) craze looks set to take off outside the States. Kirkland & Ellis, Slaughter and May, Cleary Gottlieb Steen & Hamilton and Linklaters acted on the proposed take-private of Signature Aviation …
Those familiar with Simpson Thacher & Bartlett’s modus operandi will barely know what’s hit them this month as the usually conservative New York outfit launched a European restructuring practice and announced a Brussels office within a couple of days of each other. The addition of a London restructuring practice to serve Europe is something of a coup coming as it does …
Gibson, Dunn & Crutcher has responded to the ever-increasing demand for environmental, social and governance (ESG) capabilities with the launch of a specialised practice fronted by a team of its lawyers out of the US and London. The new offering – aimed at providing clients with holistic advice on corporate responsibility, risks and opportunities – will be …
Continue reading “Gibson Dunn embraces zeitgeist with launch of transatlantic ESG practice”
Freshfields Bruckhaus Deringer has sought to draw a line under an uncomfortable chapter for the firm with a €10m payment to German authorities in connection with the cum-ex tax controversy. The matter centres on what had been cited as the biggest tax fraud in Germany’s history, underpinning the resignation and subsequent jailing in 2019 of …
It is often said that the legal industry excels in extreme market conditions and Akin Gump Strauss Hauer & Feld’s 2020 financial results bear testament to that, with the firm’s London office proving again bullish on the back of a stellar run of restructuring matters. City revenue grew a pacy 19% to $149.2m from $125.1m last …
The whimpering conclusion to the three-year saga that dragged City law into the middle of #MeToo could hardly have been more frustrating for everyone concerned. The Solicitors Disciplinary Tribunal (SDT) said on Thursday (14 January) it had decided to stay proceedings against Allen & Overy employment veteran Mark Mansell (aka Solicitor Z) relating to a non-disclosure agreement drawn up for disgraced Hollywood producer Harvey Weinstein in 1998. The grounds – Mansell’s …
