Freshfields Bruckhaus Deringer has become the first Magic Circle firm to post its trainee retention rate, with 85% taking up positions with the firm.
Dealwatch: Freshfields, A&O and Travers act as Asia’s richest man buys UK rail group for £2.5bn
Travers Smith, Freshfields Bruckhaus Deringer and Allen & Overy (A&O) have won roles advising on the sale of UK’s leading rail leasing company Eversholt Rail Group for £2.5bn.
Old or new BLP: Which way will the firm turn with its next managing partner?
Berwin Leighton Paisner‘s (BLP) head of employment Lisa Mayhew will face off against corporate chief David Collins in the battle to replace Neville Eisenberg (pictured), the firm’s managing partner for the last 16 years.
Unanimous approval: Blatherwick gets another three-year term at Browne Jacobson
Browne Jacobson has opted to stick with current managing partner Iain Blatherwick with the firm’s 96-strong partnership unanimously re-electing him for a further three years from 1 May 2015.
Global arbitration: French and British lawyers dominate appointments to ICSID arbitrations
Traditionally dominated by US lawyers, French and British arbitrators trumped their North American rivals last year by securing more arbitral appointments at the World Bank’s International Centre for Settlement of Investment Disputes (ICSID).
Targeting Manchester: Nabarro bolsters office with Pinsents and Eversheds hires
Nabarro has bolstered its recently opened Manchester office with the hire of corporate partner Howard Gill and real estate partner Peter Winnard.
Financials 2013/14: Freshfields’ profits continue to grow as headcount expands
Freshfields Bruckhaus Deringer has become the third Magic Circle firm to release its 2013/14 limited liability partnership (LLP) filings with Companies House, showing the firm’s profits increasing, ‘before the movement in the provision of partner annuities’, by 7% to £528m off the back of £1.28bn in revenues.
Financials 2013/14: Wragges last accounts show rise in profit as number of staff falls
Wragge & Co’s last limited liability partnership (LLP) accounts before it merged with Lawrence Graham show that profit before remuneration grew by 8%, climbing from £39.5m to £42.6m as the number of staff employed fell by 106.
Asia: DLA Piper builds up its Singapore office while Milbank and Sidley expand in China
DLA Piper, Milbank, Tweed, Hadley & McCloy and Sidley Austin have all completed partner raids on rivals in Asia as they seek to expand their presence in the region.
Cross-border ties: Ropes & Gray and Weil Gotshal act on Bain Capital’s $2.1bn TI Automotive deal
US firms Ropes & Gray and Weil Gotshal & Manges have won roles advising buyout group Bain Capital on its $2.1bn acquisition of leading fuel systems supplier TI Automotive.