International round-up: Bakers launches fourth low-cost hub in Argentina as Cooley targets capital markets with Hong Kong office Marco Cillario Baker McKenzie is pushing on with its profitability drive having picked Buenos Aires for its fourth business service centre some…
DWF valued at £366m ahead of £95m IPO this week Hamish McNicol DWF will be valued at about £366m when it lists on the main market of the London Stock Exchange this…
Linklaters to hit 20% female partnership as women make up a third of 33-strong promotion round Marco Cillario For the sixth year in a row Linklaters has increased the size of its promotion round, adding 33 lawyers to…
KWM administration report shows £18.3m hole for creditors as former staff set for payouts Thomas Alan Two years after the collapse of King & Wood Mallesons (KWM) the saga rumbles on, with administrators primed to pay…
Comment: Too much jam today for partners yet the future of law will need long-term investment Alex Novarese A little over five years ago Legal Business produced a cover feature dubbed ‘How to improve a law firm in…
DLA global turnover surpasses $2.8bn in second year of growth Hamish McNicol DLA Piper added 8% to its global top line in 2018, making for consecutive years of growth following a dip in…
‘Great synergies’: Mayer Brown adds long-awaited restructuring hires with DLA duo Thomas Alan Chicago-bred Mayer Brown has bolstered its restructuring, bankruptcy and insolvency (RBI) practice with a double hire from DLA Piper in London. DLA…
‘A leading player’: Fieldfisher ups real estate game with RPC construction and projects team Tom Baker Enterprising top-25 firm Fieldfisher has made a significant construction and projects play, hiring a team including two partners from RPC. Dan…
Revolving Doors: Crowell & Moring taps Squire Patton Boggs for UK partners as DLA leads hefty international recruitment round Thomas Alan City recruitment was steady last week with Crowell & Moring being the main mover after luring yet more talent from…
Calls for a ‘radical overhaul’ of NDAs as #MeToo saga prompts UK gagging order law reform Nathalie Tidman The government has proposed new legislation that would make it illegal for employers to use gagging orders to prevent the…
Watson Farley & Williams makes major City energy play with Clifford Chance Africa director Tom Baker Watson Farley & Williams (WFW) is set to hire Titus Edjua, director of Clifford Chance’s (CC) Africa group, to boost its project…
‘Only the beginning’: Latham adds more than $300m to top line as Sidley nears £100m in the City Marco Cillario A year after becoming the first law firm to break the $3bn barrier, Latham & Watkins has posted an even…
‘Better than many’: Paul Hastings sees London revenue grow 14% as Milbank breaks $1bn barrier globally Thomas Alan Paul Hastings saw its strong revenue growth in London tempered slightly to 14% in 2018 in what remained a strong year…
Magic Circle leads tech foray as Slaughters unveils tech incubator and Linklaters and A&O back Nivaura in $20m funding round Thomas Alan Slaughter and May has announced today (27 February) its much-anticipated legal tech incubator, Slaughter and May Collaborate, with the firm primed…
Chicago firepower for RPC as insurance team secures formal US tie-up Thomas Alan RPC has announced its insurance practice will form an official alliance with Chicago-based law firm Hinshaw & Culbertson. The partnership will…
Revolving Doors: Crowell & Moring secures three-partner team from Squire Patton Boggs while Dentons makes City hire from Fieldfisher Thomas Alan City recruitment was active last week, as Crowell & Moring and Dentons made the standout hires while Baker Botts also made a City…
The International Arbitration Centre launches: The City finally gets the disputes space it’s been waiting for Alex Novarese For years seasoned practitioners have bemoaned the lack of top-notch arbitration facilities in London, casting an envious eye at the…
Tightening of ranks at Hogan Lovells sees PEP approach $1.4m as turnover rises 4% Marco Cillario Hogan Lovells has posted an 8% increase in profit per equity partner (PEP) to $1.38m after reducing equity partner headcount 6%…
Comment: Beyond barbarian – Another stride as Kirkland signs private equity’s most wanted Alex Novarese If the news in late 2017 that Freshfields Bruckhaus Deringer private equity veteran David Higgins was joining Kirkland & Ellis…
DPAs in spotlight as SFO ends long-running Rolls-Royce and GSK investigations Tom Baker The Serious Fraud Office (SFO) has today (22 February) ended investigations into two landmark cases involving Rolls-Royce and GlaxoSmithKline, prompting…