Skadden and Freshfields top global deal tables as M&A figures reach record heights Legal Business In a record year for global M&A, US firm Skadden, Arps, Slate, Meagher & Flom and Magic Circle firm Freshfields…
‘Tight controls’: LLP filings show strict financial management helps boost Simmons profitability Tom Moore Benefitting from a resurgence of financial work in the City in 2014/15, Simmons & Simmons acted prudently to boost its…
Cutting back: CMS Cameron McKenna, Burness Paull, HSF and Bakers land spots on Weir’s two-tier panel Legal Business Scottish engineering business Weir Group has appointed Burness Paull and CMS Cameron McKenna to its first ever European panel following…
Failure to integrate: Administrators blame poor consolidation for Parabis collapse as unsecured creditors to lose almost £50m Legal Business More than 2,500 unsecured creditors of the now defunct Parabis Group will lose almost £50m, a report from the company’s…
New year promotions: Hogan Lovells upgrades City quintet to partnership in 24-strong round Legal Business Hogan Lovells today (5 January) announced 24 associates have joined the partnership, including five in London, mostly across the firm’s…
Disputes drive: Baker & McKenzie hires Hogan Lovells litigator Lyons Tom Moore Baker & McKenzie‘s push in the UK disputes arena has continued into the new year with the hire of Hogan…
Match of the Day: Jones Day, Herbert Smith and Walker Morris score roles on Crystal Palace FC investment Legal Business Teams from Jones Day, Herbert Smith Freehills and Walker Morris have won mandates as Premier League football club Crystal Palace…
Stephenson Harwood pays 30% more to highest-earning member, latest accounts show Jaishree Kalia The highest-paid LLP member at Stephenson Harwood took home £1.3m during the last financial year compared to just over £1m…
Clifford Chance executive committee group pay falls by 7% amid revenue and profit dip, LLP accounts reveal Sarah Downey Clifford Chance‘s (CC) 12-strong executive leadership group saw an average 7% decrease in pay packets in the last financial year…
DLA Piper pay to highest earning LLP member nears £2m despite firm’s profit dropping Tom Moore The highest-paid LLP member at DLA Piper International took home £1.96m last year, 8% more than the biggest payout last…
City focus: A quarter of Akin Gump partners made up in London in latest promotions round Tom Moore Just over a year since US firm Akin Gump Strauss Hauer & Feld took over Bingham McCutchen’s $50m London office,…
Guest post: What’s your theory of the business? Legal Business Year-end is often seen, understandably if somewhat arbitrarily, as a time for reflection. Actually, in my book there’s never a…
Dealwatch: Freshfields acts for Deutsche Bank as it sells ¥25.7bn of Chinese assets Legal Business After winning a place on Deutsche Bank’s global legal panel last year, Freshfields Bruckhaus Deringer is representing the German bank on the…
Making the list: Former A&O and Slaughters lawyers Beringer and Randell awarded CBE Jaishree Kalia A host of figures within the legal profession including former Allen & Overy (A&O) senior partner Guy Beringer QC (pictured)…
Checking in: Freshfields and Stephenson Harwood advise on £1.3bn sale of the Priory Legal Business Freshfields Bruckhaus Deringer and Stephenson Harwood have led on the sale of the Priory, the rehab clinic known for its…
Twice as nice: Fieldfisher doubles pay to highest earning member, LLP accounts reveal Tom Moore The highest-paid LLP member at Fieldfisher took home £1.24m last year, almost twice as much as last year, following back-to-back…
Comment: The 2015 edit – our favourite Legal Business pieces from this year Legal Business As the Christmas wind-down approaches inertia, in time-honoured tradition along with ghastly jumpers and inappropriate comments on social media, we…
Revolving doors: A&O and Linklaters make key lateral hires as Clydes picks up Aussie team Legal Business Allen & Overy (A&O) has made a key hire for its US securities practice with David Flechner joining the firm’s…
Property panel: Freshfields, Herbert Smith and Addleshaws make British Land roster Legal Business Magic circle heavyweight Freshfields Bruckhaus Deringer has joined Addleshaw Goddard, Herbert Smith Freehills, Jones Day, King & Wood Mallesons, Mayer…
‘A powerful message of deterrence’: Court of Appeal dismisses Libor scandal trader Hayes’ appeal, while reducing sentence Legal Business In a decision that will provide little comfort for those facing similar charges, the Court of Appeal has refused the…