Modesty should probably preclude Legal Business covering the annual report from TheCityUK on the UK legal services market since it makes heavy use of our statistics but as it takes the time to detail the unsung business success story that is law we’ll take a look.
Norton Rose Fulbright (NRF) has announced an 81% retention rate for its March 2015 qualifying intake, down on the 92% the firm posted for the spring 2014 cohort but an improvement on autumn’s numbers.
Milbank, Tweed, Hadley & McCloy has hired two leading projects partners from Linklaters‘ London office, Matthew Hagopian and Manzer Ijaz, who count among their clients Glencore, BP and ENI.
Wragge Lawrence Graham & Co (WLG) has advised new investment trust Gabelli Value Plus on its £100m initial public offering (IPO) on the London Stock Exchange as it targets further work from US fund manager GAMCO Investors.
A leading charity has decided it will no longer accept corporate donations from Big Five Irish law firm Arthur Cox as the firm is currently acting for tobacco giant Japan Tobacco in a dispute against the Irish government.
Latham & Watkins‘ global strategy has paid off with its 2014 revenues surging by 14% to $2.61bn in 2014 and making it the largest law firm in the world, an achievement managing partner Bill Voge (pictured) puts down to the recovery of the global M&A market and to clients increasingly using multiple offices across its ‘global footprint’.
Norton Rose Fulbright (NRF) is continuing to expand its offering in Africa and has agreed a strategic alliance with both Ugandan firm Shonubi Musoke & Co Advocates and Zimbabwean firm Gill, Godlonton & Gerrans.
Hogan Lovells has re-appointed London real estate disputes partner Nicholas Cheffings (pictured) as chair of the firm for a second three-year term.
Following a somewhat uneven 2014, Olswang has hired an intellectual property partner duo from US firm Winston & Strawn in a bid to boost its City IP offering, while its corporate head Carpanini steps down after eight years.
