Revolving Doors: City laterals slow as Hogan Lovells lose corporate partner to Dechert, while CC and Herbert Smith make moves abroad

Revolving Doors: City laterals slow as Hogan Lovells lose corporate partner to Dechert, while CC and Herbert Smith make moves abroad

In a lull for City recruitment, Dechert made the only significant London hire last week, with Kennedys recruiting in the regions and Clifford Chance (CC) hiring in New York. Dechert brought in Hogan Lovells M&A and private equity partner Robert Darwin, with the Philadelphia-based firm looking to strengthen its corporate life sciences group. The London-based Darwin had …

Into the mainstream: another big New Law exit sees EY acquire Riverview Law

Into the mainstream: another big New Law exit sees EY acquire Riverview Law

Mere months after New Law pioneer Lawyers On Demand (LOD) secured private equity backers to position itself as a global player, fellow alternative legal services business darling, Riverview Law, has been acquired by Big Four accountancy firm EY. The financial details of the deal, announced today (7 August), were not disclosed, but Riverview’s turnover is …

White & Case doubles up in the City in continued disputes drive

White & Case doubles up in the City in continued disputes drive

White & Case is continuing its aggressive City expansion with two disputes hires, the firm’s eighth and ninth laterals this year. Contentious construction and engineering partner David Robertson is joining White & Case’s arbitration team from Bryan Cave Leighton Paisner (BCLP), while Cadwalader, Wickersham & Taft litigation partner Steven Baker joins the firm’s commercial litigation practice.

Revolving Doors: McDermott leads busy City recruitment round as in-house and international hires dominate

Revolving Doors: McDermott leads busy City recruitment round as in-house and international hires dominate

City laterals were active last week in a bolstered global recruitment round, as McDermot Will & Emery was joined by Capsticks and Bates Wells Braithwaite (BWB) in making London plays. Meanwhile Eversheds Sutherland was among the firms looking to prise talent away from in-house teams as Kirkland & Ellis and DLA Piper made significant moves …

Revolving doors: Morrison & Foerster makes City move as Fieldfisher and Reed Smith develop international practices

Revolving doors: Morrison & Foerster makes City move as Fieldfisher and Reed Smith develop international practices

US player Morrison & Foerster emerged as the only firm to make a significant lateral hire in the City last week, while Fieldfisher bolstered its new Luxembourg office and Reed Smith made a triple hire in the Middle East at the expense of Pinsent Masons. MoFo strengthened its London finance practice with the hire of …

Lucky seven: Stevens & Bolton reveals seventh year of growth and posts record partner profits

Lucky seven: Stevens & Bolton reveals seventh year of growth and posts record partner profits

Continuing its consistently impressive organic growth, South East heavyweight Stevens & Bolton has posted a 9% hike in turnover to a new high of £26.8m, as the firm maintains its climb up the Legal Business 100. Profit per equity partner, meanwhile, also hit a record high in 2017/18, increasing by 25% from £330,000 to £411,000. The …

Revolving Doors: Baker Botts takes Kirkland capital markets partner in Houston as Cooley adds tax partner and DLA makes litigation play in LA

Revolving Doors: Baker Botts takes Kirkland capital markets partner in Houston as Cooley adds tax partner and DLA makes litigation play in LA

City laterals stayed quiet last week continuing a recent hiatus while the US was the centre of attention internationally with DLA Piper, Baker Botts and Cooley all making hires across the Atlantic. US laterals defined last week’s international recruitment round, with Baker Botts leading the way with a strategic hire from American powerhouse Kirkland & Ellis. Capital …

‘Continued growth an excellent result’: year of investment brings slowdown for Pinsents

‘Continued growth an excellent result’: year of investment brings slowdown for Pinsents

Pinsent Masons has recorded slower revenue growth for the 2017/18 financial year, with turnover increasing by 6% to £449.8m compared to the 11% growth the firm recorded last year. Profit per equity partner (PEP) increased by 4% to £653,000, a significant slowdown from the 14% growth registered last year, however the increase comes despite the …

Paul Hastings doubles up in the City as A&O loses global IP head to Kirkland

Paul Hastings doubles up in the City as A&O loses global IP head to Kirkland

Paul Hastings pulled off two headline lateral hires in London in a week as the US firm strengthens its corporate offering in the City. Private equity rising star Anu Balasubramanian was the first hire announced, as DLA Piper lost another key dealmaker in the City. The addition will be a major boost to Paul Hastings’ …