Rise of the accountants: PwC’s legal arm posts 24% revenue jump to £59.9m Kathryn McCann Revenue at PwC Legal has soared this financial year, from £48.5m to £59.9m, an increase of 25%. Led by senior…
Herbert Smith Freehills sues client San Leon over £500k legal bill Legal Business Often considered a risky move for a law firm, Herbert Smith Freehills (HSF) has successfully sued longstanding client San Leon…
Revolving doors: Post-summer hiring spree continues with Eversheds, Pinsents and Clydes adding to their ranks Kathryn McCann The post-summer hiring spree continued in earnest this week, with Eversheds, Pinsent Masons, Clyde & Co, Gibson, Dunn & Crutcher…
A change at the top: Cleary elects Michael Gerstenzang managing partner Legal Business Elite New York firm Cleary Gottlieb Steen & Hamilton has elected Michael Gerstenzang as its next managing partner.
Slaughters and Debevoise take sides as HarbourVest makes hostile bid for SVG Capital Legal Business Slaughter and May has won repeat work for SVG Capital as the private equity house faces a £1bn hostile takeover…
Norton Rose secures another Canadian tie-up with Vancouver firm Kathryn McCann Norton Rose Fulbright (NRF) has tied up with a third Canadian firm, acquiring Vancouver firm Bull Housser following the acquisition…
A unified approach: LSB proposes scrapping the SRA in favour of one all-powerful legal regulator Legal Business The Legal Services Board (LSB) has proposed an overhaul of legal services regulation that it hopes will bring about its…
Freshfields lands Eversheds head of international arbitration in rare City lateral Legal Business Freshfields Bruckhaus Deringer has landed Will Thomas (pictured), Eversheds’ head of international arbitration, in a rare lateral hire in the…
Quinn Emanuel in talks to take on Shearman’s Brussels partnership Legal Business Disputes leader Quinn Emanuel Urquhart & Sullivan is in talks to hire a team from Shearman & Sterling’s Brussels arm,…
Brexit: a pragmatic position for the worried managing partner Legal Business Theresa May’s claim from the distant history of July that ‘Brexit means Brexit’ has already become famous for answering nothing…
The new risk front for GCs – nearly half of contracts have human rights clauses, LB research finds Legal Business When John Ruggie began his mandate as chief architect of the UN Global Compact in 2000, fewer than 100 of…
Getting closer: Eversheds to move to same building as Harry Elias as Singapore merger talks continue Kathryn McCann Eversheds will move into the same building as Singapore merger suitor Harry Elias Partnership this winter as merger talks continue…
The IT crowd: Travers, Kirkland and Freshfields line up as Micro Focus seals $8.8bn HP deal Legal Business Travers Smith and Kirkland & Ellis have teamed up to advise UK tech firm Micro Focus on its $8.8bn deal…
Linklaters City corporate head Stuart Bedford quits to join LeapFrog Investments Legal Business Stuart Bedford, former City corporate head at Linklaters, is set to join emerging markets private equity house LeapFrog Investments as…
Comment: Looking forward to Ashurst’s decline – The outlook worsens for a proud City institution Alex Novarese You cannot change the past. Move forward. Be constructive. Focus on making things better. Pick your cliché. And, like most…
The LB100 – A thousand lawyer millionaires and the at-a-glance picture on partner earnings Legal Business It is a well-established point in the legal industry that while much attention is paid to profits per equity partner…
Cleary taps A&O for Frankfurt M&A hire as US law firms sustain Euro push Sarah Downey Top 25 Global law firm Cleary Gottlieb Steen & Hamilton has bolstered its ranks in Frankfurt with the hire of…
With one hand they give… Greenberg promotes Maher but the name goes in London Legal Business It was an unusual gesture when Greenberg Traurig put Paul Maher’s name in the title of its London practice, even for…
A&O defeats Quinn as $575m Progas energy claim against Pakistan thrown out Madeleine Farman Allen & Overy (A&O), Quinn Emanuel Urquhart & Sullivan and Withers have advised as a tribunal convened under the UN…
Doubling in Dublin: Expansive Kennedys moves Irish outpost to accommodate growth Kathryn McCann Following a wave of expansion in Latin America, insurance specialist Kennedys is to more than double its office space in…
