Had Legal Business’ Global London report come out at the end of 2021, a familiar narrative would have played out. The story would have been one of diverging fortunes as the London practices of some foreign firms looked to further strengthen their operations off the back of a booming transactional market, while others struggled to keep their head above water amid the fallout of a coronavirus pandemic that put both operational practices and client relationships to the test.
Last year of course, even the most sceptical of market commentators could scarcely have predicted the fresh disaster of Russia’s invasion of Ukraine. As the conflict casts a long shadow over all areas of life in 2022, the legal sector is no exception. Many of the top 50 Global London firms have responded by closing their Moscow offices and market sentiment, aside from dismay as events unfold, is that the full impact of the crisis is far from being fully felt for firms and clients alike. Continue reading “Global London Overview: Power plays”
London headcount: 116 lawyers, 42 partners
Lawyer headcount change since 2016: +147%
London managing partner: Fiona Adams, co-chair of the global corporate practice
Office specialities: M&A, real estate, investment funds, litigation, finance Continue reading “Global London Case Study: Greenberg Traurig”
London headcount: 64 lawyers, 21 partners
Lawyer headcount change since 2016: 0%
London managing partner: Gregory Petrick
Office specialities: Financial services, capital markets finance, real estate finance, private and public M&A, shareholder activism, tax Continue reading “Global London Case Study: Cadwalader”
Harriet Foster has a wealth of experience acting for clients in Europe, the Middle East, Africa and Asia in commercial and investment treaty arbitrations. A recent example of the latter saw her represent an African-based investor in an UNCITRAL arbitration under a bilateral investment treaty with India, concerning the cancellation of telecoms licences. Continue reading “The next generation of arbitration”
Let’s be honest – things might have gone a bit too far. In recent years, both the mainstream and business press have frequently stuck the boot into the Serious Fraud Office (SFO) – ‘Serious Farce Office’, anyone? Continue reading “Staying alive”
My father had been a lawyer in India and East Africa but wasn’t keen on me becoming a lawyer. It’s a bit of a standing joke but it’s true – every Indian parent wants their kid to become a doctor, whether or not you have any skillset in that direction! My dad was dead against the Bar in particular because it didn’t have a regular income attached. There was no family encouragement whatsoever. Continue reading “Disputes perspectives: Bankim Thanki QC”
‘There was a point where centres in Africa, Asia and other parts of the world started saying, “hang on, we have lots of parties from this region doing international arbitration but they’re all going to London, Paris, Geneva – we should have some of it here”,’ recalls Herbert Smith Freehills London-based global arbitration partner and president of the London Court of International Arbitration (LCIA), Paula Hodges QC. Continue reading “More seats at the table”
I was always naturally argumentative. But I didn’t have any role model at all, nobody that I knew was involved in law.
I was either going to be a journalist or a lawyer. What swayed me? I grew up in the 1980s and you start to get politically awakened in your teens. This was at a time when Margaret Thatcher was in government and everything was extremely political. I realised that I would probably have to write in accordance with the political wishes of the editor and I didn’t think I could do that. Continue reading “Disputes perspectives: Sue Millar”