A court in Munich has sentenced a former Linklaters partner to three years and three months in prison for sexual assaulting a student at a firm party several years ago.
Tax partner Thomas Elser assaulted an intern after Linklaters’ Oktoberfest party in September 2014 before a former litigation partner of the firm, Laurenz Schmitt, intervened and punched him in the face.
In a blow for traditionalists, our latest cover feature eschews profiling a group of hard-working, smart, highly-confident men who are talented lawyers to instead profile a group of hard-working, smart, variably-confident women who are talented lawyers. Radical stuff.
But then the career cycle for too many ambitious female deal lawyers remains nasty, brutish and short. While women increasingly advance into senior roles in advisory practice areas and even more so among the ranks of senior general counsel, in the upper reaches of transactional law, it is still a boys’ club and anyone claiming differently does not know many corporate lawyers.
Continuing the strong showing from US firms in London recently, Sidley Austin and Morrison & Foerster (MoFo)’s City offices recorded a convincing performance in 2017, each posting double-digit percentage growth in their top line.
Expansive global giant Sidley posted a 14% City revenue hike to £85.7m in a year marked by five headline lateral hires for the firm’s M&A, restructuring and capital markets teams.
Hogan Lovells is the latest firm to venture into flexible lawyering after agreeing a partnership with New Law pioneer Elevate.
The deal announced today (15 February) will give the transatlantic giant access to a pool of 1,500 self-employed professionals worldwide to support its UK business. Elevate will provide a group of pre-vetted lawyers to choose from for specific projects, with Hogan Lovells’ paying Elevate for the cover. Hogan Lovells expects to use between 30 and 50 lawyers from the pool every year and will be looking at four to ten-year qualified lawyers across all practice areas.
Revenues at Cadwalader Wickersham & Taft dropped by a striking 10% in 2017 as the firm persists with retrenching in a bid to concentrate its efforts on a more focused client roster.
Global revenue at the Manhattan firm fell for the third consecutive year to $408.1m against a 15% dip in the firm’s lawyer headcount to 373.
Get your Magic Circle-meets-Geordie Shore quips ready as Clifford Chance (CC) has made a surprise acquisition of Carillion’s pioneering in-house legal arm.
The Newcastle-based business Carillion Advice Services (CAS) was put up for sale following the collapse of its Wolverhampton-headquartered parent in January in one of the largest UK insolvencies for years. Carillion filed for liquidation after talks with its creditors and the government failed to reach a deal on Carillion’s £1.5bn liabilities.
Freshfields Bruckhaus Deringer has enhanced its US antitrust bench with the hire of veteran Eric Mahr from the Department of Justice (DoJ), while White & Case has established its seventh American office in Houston.
Mahr, who joins Freshfields after serving as director of the well-respected antitrust division at the DoJ, has multiple decades’ worth of experience in antitrust litigation, including cartel follow-on litigation and merger disputes.
Those of you in the UK with fond memories of the hefty The Legal 500 books dropping onto your desks are in for a change. The publication later this year of the latest research will be environmentally-friendly and move to a wholly digital platform via legal500.com. Our ambition is to create the best possible exposure for law firms’ practices via our online rankings. We want to ensure the most relevant information on law firms and sets is readily available to clients, creating the most comprehensive and user-friendly research service available anywhere online.
Moving The Legal 500 to a digital platform gives legal500.com the flexibility to offer that expanded service. As we seek to improve and expand our published information on the market, we want to work in partnership with law firms and sets, so that our evolving research reflects what you need to convey to clients seeking your firm’s help.
Network Rail has begun its longest-ever panel review process for external adviser work, which could be worth up to £70m over five years from next April.
The rail company’s review will be the first under new group general counsel Stuart Kelly, who was promoted from deputy group GC following the departure of Suzanne Wise in March last year for a non-legal role as senior vice-president for corporate development at Japan Tobacco International . The review will be led by Network Rail route businesses GC Dan Kayne.
Latham & Watkins, Baker McKenzie, Clifford Chance (CC) and Allen & Overy (A&O) have lined up alongside a group of top independents in two multi-billion euro deals as Europe’s M&A scene maintains its brisk 2018 form.
Latham advised Global Infrastructure Partners (GIP) on the €1.94bn acquisition of Italian railway operator Italo – Nuovo Trasporto Viaggiatori (Ntv). The deal means the only privately-owned high-speed rail operator in Europe has shifted to American control after shelving plans to float on the Milan stock exchange. The Rome-based group is the country’s second-largest railway operator after state-backed Ferrovie dello Stato.