Asia: Mayer Brown to form local JV in Hong Kong as Cleary takes Shearman partner Legal Business Mayer Brown‘s Asia arm is in the final stages of forming an association with the Hong Kong office of Chinese…
In-house: JP Morgan appoints a new GC as Cutler takes on vice-chairman role Kathryn McCann JP Morgan Chase will appoint its current corporate and investment general counsel (GC) Stacey Friedman as GC early next year…
HSF arbitration heavyweight Weiniger QC to depart for Linklaters Legal Business Linklaters has returned to a familiar hunting ground, Herbert Smith Freehills (HSF), to hire experienced arbitration partner Matthew Weiniger QC.
CC posts flat results but sublets half of Canary Wharf HQ to Deutsche Bank to slash costs Tom Moore Clifford Chance (CC) has posted subdued results for 2014/15 amid a weakening euro, with revenue falling slightly to £1.35bn and…
Growing pains as revenue and profits take a tumble at Ashurst Jaishree Kalia Ashurst has revealed a drop in both firmwide revenues and profits per equity partner (PEP) following a ‘year of consolidation…
Financials 2014/15: subdued performance from Eversheds with revenue and profits flat Kathryn McCann Eversheds has posted essentially flat results for the last financial year, with revenues flat at £380.7m compared with £379.1m in…
DAC Beachcroft unveils new leadership following contested election Legal Business DAC Beachcroft has elected real estate partner Virginia Clegg as the firm’s new senior partner, while insurance head David Pollitt…
Financials 2014/15: Freshfields PEP down 8% while revenues flatline Legal Business The last of the big four City firms to post its results, Freshfields Bruckhaus Deringer has revealed an 8% slump…
Revolving doors: Global 100 firms make heavyweight international hires in key markets Kathryn McCann In another busy week for international lateral hires, Allen & Overy (A&O), Kirkland & Ellis, Pinsent Masons and Reed Smith…
70 years’ experience: Hogan Lovells adds Baker Botts disputes trio in Houston Legal Business Hogan Lovells has tapped Baker Botts’ disputes team in Houston with the hire of three partners with almost 70 years’…
Guest post: Corporate lawyers under the microscope – the ‘more for less’ delusion and City firms as risk canaries Legal Business Last week I attended a Symposium on Corporate Lawyers organised by Steven Vaughan and his colleagues at the Centre for…
Lewis Silkin on wrong end of £2m judgment for negligent advice to cricket CEO Tom Moore A High Court judge has found that Lewis Silkin was negligent in advising Tim Wright, the former CEO of an…
‘A good little business’: Weightmans completes Leeds merger to create £100m firm Kathryn McCann Legal Business 100 firm Weightmans has completed its merger with local Leeds firm Ford & Warren, creating a combined entity…
Exits mount for King & Wood as Mishcon snaps up veteran IP partner Legal Business The list of partner departures from King & Wood Mallesons’ City office is getting longer each week with Mishcon de…
Financials 2014/15: Stevens & Bolton breaks £20m barrier to nudge top 100 firms by revenue Legal Business South East heavyweight Stevens & Bolton has revealed a 13% hike in revenue for 2014/15 to a record high of…
Team exit for Ashurst in US gifts Paul Hastings added finance strength in New York and DC Jaishree Kalia A nine-lawyer team will be leaving the US offices of Ashurst, including its US managing partner, to join Paul Hastings…
KWM loses second City partner this week as Fried Frank takes funds specialist Legal Business King & Wood Mallesons‘ (KWM) City office has suffered its second partner exit this week, with financial markets partner Gregg…
Olswang posts a healthy 8% revenue growth after turbulent year Legal Business It has been a year of management and team departures but Olswang today reported that its revenues for the financial…
Further legal exits for Barclays as corporate banking GC departs for Lloyds Kathryn McCann Just a day after Lloyds Banking Group announced the hire of Linklaters’ managing partner Simon Davies, the bank has also…
Strong run resumed as RPC posts double-digit revenue and profit growth Legal Business One of the most consistent success stories of the UK legal market in recent years, RPC has revealed impressive growth…
