Pinsents makes senior political hire in a bid to boost international awareness Legal Business Former secretary of state for international development Douglas Alexander (pictured) is joining national firm Pinsent Masons as an adviser to…
A record year: Paul Hastings posts 6% revenue rise as PEP reaches $2.5m Legal Business Paul Hastings has bucked the slowdown in the US legal market by posting record profits, with profits per partner crossing…
Guest post: Slater and Gordon’s woes have nothing to do with being an ABS Legal Business It is somewhat appropriate that Slater and Gordon (S&G) sponsors England cricket captain Alastair Cook (pictured), no stranger himself to…
Dentons wins bid to get £30m RBS Libor dispute moved onto financial list Legal Business Lawyers at Dentons, acting for the Royal Bank of Scotland (RBS), have successfully moved the £29m Property Alliance Group (PAG)…
Revolving doors: Linklaters, Hogan Lovells, Mayer Brown reach into lateral hire market Legal Business In a busy week for Global 100 firms, Hogan Lovells, Mayer Brown, and Linklaters have all added to their partner…
Slater and Gordon launches restructuring plan as six month loss nears £500m Legal Business Slater and Gordon (S&G) is to restructure its UK operation after posting an A$958m (£493m) loss for the six months ending…
Dewey battle winds down as New York court dismisses most serious charges against former executives Legal Business A New York state judge has dismissed charges of grand larceny against two former Dewey & LeBoeuf executives, leaving only…
Middle East consolidation continues: V&E latest to pull out of Abu Dhabi Legal Business In the midst of volatile oil and gas markets, energy-focused firm Vinson & Elkins (V&E) has become the latest firm…
Kirkland & Ellis suffers London mass exit as seven partners walk out in less than a week Legal Business Kirkland & Ellis has lost capital markets partner Andrew Hagan to Freshfields Bruckhaus Deringer, within days of the firm losing…
Bringing it in-house: SRA to review litigation panel as regulator assesses internal function Legal Business The Solicitors Regulation Authority (SRA), which is already keeping some firms busy with work as it bids for independence from…
Revenue recovers at DLA Piper as it joins $2.5bn club while profits tumble amid cutbacks Legal Business Following a flat 2014, revenue at DLA Piper rose by 2.5% last year as the firm broke the $2.5bn barrier…
In-house: Lloyds appoints real estate finance sub-panel ahead of summer global review Legal Business Lloyds Banking Group has appointed a specialist sub-panel for commercial mortgage-backed securities (CMBS) work ahead of its global panel review…
Magic Circle trio land roles as London City Airport sold to Canadian consortium in £2bn deal Legal Business Three Magic Circle firms won positions to advise on the sale of London City Airport to a Canadian-led consortium of…
Half of solicitors are Oxbridge educated, along with 74% of judges, new data reveals Legal Business A privately educated elite continues to dominate the legal profession, as new Sutton Trust figures show 78% of barristers have…
City lawyers form pro-Brexit coalition led by 8 New Square Queen’s Counsel Victoria Young Lawyers at barristers’ set 8 New Square and LB 100 firms Slaughter and May, CMS Cameron McKenna and Wedlake Bell…
UK banking financials: Lloyds, Standard Chartered and HSBC ramp up legal provisions Legal Business With the UK banking reporting season in full swing, Lloyds Banking Group, Standard Chartered and HSBC have all upped their…
New York slowdown: Weil Gotshal revenue flat again as Davis Polk’s strong run comes to an end Tom Moore New York elite firms Weil, Gotshal & Manges and Davis Polk & Wardwell struggled to achieve meaningful growth last year, with…
A&O leadership complete: Ballheimer elected managing partner until 2020 Jaishree Kalia Allen & Overy (A&O) has announced the final addition to its management team, appointing corporate co-head Andrew Ballheimer (pictured) as…
Latham’s global march slowed as capital markets slump hits US elite Legal Business After setting the pace during last year’s global reporting season, raising revenue by 14% to $2.61bn to become the largest law firm…
Scots firms in the mix as Pernod Ricard refreshes UK legal panel Legal Business Spirits maker Pernod Ricard has appointed a mix of firms, including a handful of Scottish indies, to its refreshed UK…
