Herbert Smith Freehills pitches into City salary war with associate pay increases Legal Business London associates at Herbert Smith Freehills (HSF) have had their salaries bumped up by between £4,000 and £8,000 as competition…
Linklaters first magic circle firm to post financials with revenues and profits flat Legal Business The first Magic Circle firm to release its financial results, Linklaters posted a 1% rise in revenue to £1.27bn as…
Morrison & Foerster boosts City practice with Latham hire Legal Business US firm Morrison & Foerster has made a key hire with the recruit of Latham & Watkins’ private equity partner…
Linklaters’ Davies to step down early as managing partner to join Lloyds Legal Business On the same day that the City giant posted its results for the last financial year, Linklaters‘ managing partner Simon…
Goodwin Procter makes second private equity hire from King & Wood Mallesons Legal Business US firm Goodwin Procter has made its second private equity hire from King & Wood Mallesons’ City office with private…
Return to form for Herbert Smith Freehills as profits jump against slight revenue increase Tom Moore Herbert Smith Freehills (HSF) has registered a sharp increase in profitability in its second full financial year since its merger,…
TLT boosts City financial services offering with Barclays’ team head hire Kathryn McCann TLT has boosted its financial services offering with the hire of Barclays’ investigations and enforcement head Jake McQuitty, who joins…
KWM seeks to rebuild City private equity practice with Fried Frank hire Tom Moore After suffering a series of raids on its renowned City private equity practice, including the announced departure of partner Simon…
Weil makes China lateral move with acquisition of Freshfields’ Ching Kathryn McCann Weil, Gotshal & Manges has bolstered its Shanghai office with the hire of Freshfields Bruckhaus Deringer’s New York-qualified corporate partner…
An American in Paris: Jones Day seeks to bolster teams through local recruits Legal Business Jones Day has launched a fund formation practice in Paris through the hire of partner Catherine Martougin from Luxembourg firm Arendt…
A&O records a solid year with 4% revenue growth while profits jump 8% Jaishree Kalia The second Magic Circle firm to post its financial results, Allen & Overy (A&O) has moved ahead of peer firm…
White & Case appoints management as Verrier re-elected while CMS hands Brandi a second term Legal Business Both White & Case and CMS announced yesterday the re-election of their executive chairmen with Hugh Verrier taking the role on…
Strike action: Solicitors and barristers to boycott legal aid cases from 1 July following ‘untenable’ cuts Kathryn McCann Solicitors and barristers in London and across the UK have agreed to boycott legal aids cases from tomorrow (1 July)…
Dealwatch: CC and Linklaters take lead on GE’s $2.2bn finance unit sale to Japan’s SMBC Legal Business Magic Circle duo Clifford Chance (CC) and Linklaters have taken lead advisory roles on General Electric’s $2.2bn sale of its…
Cross-border teams at Gibson Dunn and Weil advise on $18bn Willis and Towers Watson merger Legal Business US duo Gibson, Dunn & Crutcher and Weil, Gotshal & Manges have won key roles on the headline merger of…
Bird & Bird loses £1.8m professional negligence case over planning report Sarah Downey Bird & Bird has lost a professional negligence dispute taken by former client and offshore company Orientfield Holdings at London’s…
Shearman partners with three-office Saudi firm as it builds Middle East presence Kathryn McCann While some law firms are consolidating their presence in the region, Shearman & Sterling has bolstered its presence in the…
Orrick hires Hogan Lovells’ heads of energy and renewables as it continues City build-out Legal Business Orrick, Herrington & Sutcliffe has continued with its European strategy revamp, building its energy team in London by hiring Hogan…
Guest post: The Path to a High Achieving Culture – it turns out that money isn’t the driver Legal Business In a guest post, Aric Press, partner at the legal consultancy Bernero & Press and former editor-in-chief of The American…
Revolving doors: Key City hires for Gibson Dunn and Bakers as Eversheds loses former planning head Kathryn McCann Last week saw both international firms making strategic moves in the City and at a national level several key hires,…
