‘Quite a year’: Shepherd and Wedderburn posts 23% quarterly revenue bump after Tods acquisition Kathryn McCann Scottish LB100 firm Shepherd and Wedderburn has revealed a 23% increase in revenue to the third quarter (Q3) of this…
Becoming a partner: Mishcon de Reya acquires ABS licence to include non-lawyers in partnership Legal Business Mishcon de Reya has become the latest firm to acquire an alternative business structure (ABS) licence from the Solicitors Regulation…
Guest post: Can Big Firms Innovate – and if so how? Legal Business ‘Innovation’ seems to be on everyone’s lips these days. Among other things, the problems are: many people, lawyers in particular,…
In-house: Barclays Investment Bank hires Gibson Dunn’s financial institutions co-chair as new global GC Legal Business Gibson, Dunn & Crutcher‘s co-chair of its financial institutions Mark Shelton is leaving the US firm to join Barclays Investment…
Winston & Strawn’s Tirado: ‘Dissent, it turns out, comes at a price even in disputes’ Legal Business There are many so-called ‘hot’ topics in international arbitration that could have been the subject of this article, but ultimately…
US results: Shearman sees solid City growth but US stalls after rebound year; Gibson surpasses $3m PEP Jaishree Kalia Following a rollercoaster ride over the past few years, Shearman & Sterling has unveiled financial results showing moderate but steady growth…
A $4bn fund in Asia: Debevoise & Plimpton advises Baring Private Equity Asia on weighty fund raise Legal Business The Hong Kong office of Debevoise & Plimpton has secured a heavyweight instruction advising Baring Private Equity Asia on the…
Q&A: New IBA president Rivkin talks protecting legal privilege and tackling judicial corruption Legal Business Debevoise & Plimpton co-head of arbitration David Rivkin has set himself up for a busy two years as the president…
Listing in London: WLG and Travers advise as Gabelli Value Plus raises £100m in IPO Kathryn McCann Wragge Lawrence Graham & Co (WLG) has advised new investment trust Gabelli Value Plus on its £100m initial public offering (IPO)…
Sending the ‘right message’: Arthur Cox sees donations rejected by Irish Cancer Society due to client Sarah Downey A leading charity has decided it will no longer accept corporate donations from Big Five Irish law firm Arthur Cox…
Significant departures: Milbank hires Linklaters’ global energy co-head in double partner hire Legal Business Milbank, Tweed, Hadley & McCloy has hired two leading projects partners from Linklaters‘ London office, Matthew Hagopian and Manzer Ijaz, who count among…
Trainee retention: Norton Rose Fulbright publishes spring 2015 retention figures Legal Business Norton Rose Fulbright (NRF) has announced an 81% retention rate for its March 2015 qualifying intake, down on the 92%…
Expanding overseas: Eversheds grows South African offering with new alliance Kathryn McCann Eversheds has further extended its presence in South Africa, establishing a new formal alliance with Cape Town firm Walkers, which…
The £30bn question: Report underlines UK’s status as legal superpower Legal Business Modesty should probably preclude Legal Business covering the annual report from TheCityUK on the UK legal services market since it…
In-house: Mercedes Benz appoints Nabarro and Shoosmiths to UK legal panel as WLG loses out Legal Business Nabarro and Shoosmiths have secured a joint appointment to the legal panel of Mercedes-Benz UK following a competitive tender process,…
Building the team: Olswang hires Winston & Strawn IP duo as its corporate head steps down Legal Business Following a somewhat uneven 2014, Olswang has hired an intellectual property partner duo from US firm Winston & Strawn in…
Leadership: Hogan Lovells re-appoints Nicholas Cheffings as chair Legal Business Hogan Lovells has re-appointed London real estate disputes partner Nicholas Cheffings (pictured) as chair of the firm for a second…
Of ‘strategic importance’: NRF expands African footprint with two new alliances Legal Business Norton Rose Fulbright (NRF) is continuing to expand its offering in Africa and has agreed a strategic alliance with both…
So long, Magic Circle: Latham sets blistering pace for global elite as 2014 revenues up over $300m Tom Moore Latham & Watkins‘ global strategy has paid off with its 2014 revenues surging by 14% to $2.61bn in 2014 and…
Revolving Doors: Management hires for K&L Gates and Eversheds plus a high-profile GC appointment Kathryn McCann Last week’s laterals saw a focus on hiring management with K&L Gates bringing in a new finance head in Sydney,…
