Dealwatch: Advisers secure Darktrace float and $12bn Aramco sale as Globalworth proves hot property Nathalie Tidman Another blistering week of deal announcements has seen corporate advisers tasked with a diverse selection of mandates, from the much-anticipated £3bn…
‘My race in big law has been run’: White & Case private equity veteran Bagshaw to depart this summer Tom Baker White & Case’s high-profile private equity head Ian Bagshaw is set to leave the firm in June to pursue other…
Revolving doors: Two in, one out for White & Case amid busy week for lateral hires Tom Baker In a dense round of disputes-heavy lateral partner recruitment, firms and chambers have made key additions to their rosters of senior…
Kirkland closes in on $5bn revenue as it remains world’s highest-grossing firm Nathalie Tidman Kirkland & Ellis has added $680m to its top line to trounce Latham & Watkins yet again as the world’s highest-grossing…
Dealwatch: Cazoo and Arrival fuel SPAC bonanza as Slaughters leads on Covid vaccine deal Nathalie Tidman The special purpose acquisition company (SPAC) frenzy and coronavirus have continued to drive the market in recent days, with transatlantic…
Revolving doors: Simmons makes double Dutch hire as Bakers expands finance practice Tom Baker In the latest round of lateral partner hires, Simmons & Simmons has significantly strengthened its presence in the Netherlands through…
Vodafone puts emphasis on ESG in new eight-firm adviser panel Tom Baker Vodafone has completed the latest refresh of its legal advice panel, selecting eight firms based on a commitment to shared…
Skadden goes organic with three City promotions as investment intensifies in London Nathalie Tidman Skadden has made up its largest haul of new partners in London since 2008, a further showing of support for…
Dealwatch: Transatlantic teams energise £8bn National Grid acquisition as Freshfields and Latham dine in on Deliveroo IPO Nathalie Tidman As the City marks the one-year anniversary of the first coronavirus lockdown, elite playmakers continue to do deals from their…
Revolving doors: Knights acquires Surrey firm as Freshfields strengthens Silicon Valley offering Tom Baker Ever-expansive listed firm Knights has made its latest major acquisition through the £5.3m buyout of Surrey-based Mundays. The purchase sees…
‘Reloaded, but not in time’: Dechert defends revenue and profit dip as Mayer Brown inches past $1.5bn turnover Nathalie Tidman As the financial reporting season for Global 100 firms gathers pace, some less eye-catching financial results have emerged, with Dechert…
Guest comment: Collaboration in isolation Guest Blog As client issues become increasingly complex, working collaboratively to provide solutions is critical. But Professor Laura Empson and David Morley…
Revolving doors: Cleary picks up rare Slaughters hire as Goodwin and Shearman make significant London plays Tom Baker Cleary Gottlieb Steen & Hamilton has reinforced its impressive European antitrust credentials, hiring Slaughter and May special adviser Jackie Holland…
‘A platform that will thrive’: Latham bullish as blistering growth sees revenue hit $4.3bn alongside 20% PEP surge Nathalie Tidman Latham & Watkins has brushed aside pandemic-linked uncertainty to report a 15% revenue hike to $4.33bn, while profit per equity…
Comment: Hope floats for City listing overhaul but American audacity is vital Nathalie Tidman City business has had cause to take heart in recent days with a clear display of political will behind an…
Revolving doors: K&L Gates and Squire Patton Boggs make multiple global hires as Ashurst chair departs for competition court Tom Baker In the latest round of lateral partner moves, two prominent transatlantic firms in the Global 100, K&L Gates and Squire…
HSF shrugs off Covid concerns to reward staff with bonus as new senior partner is unveiled Tom Baker After posting resilient financial results in the wake of the pandemic, Herbert Smith Freehills (HSF) has recognised the efforts of…
Guest comment: the global/local leadership conundrum Guest Blog Leading a professional firm with offices spread across multiple countries always creates a tension between global and local priorities. Professor…
Revolving doors: A&O enters La La Land with group hire as DLA Piper lures former Freshfields finance chief Tom Baker Allen & Overy has launched a West Coast US practice, acquiring Akin Gump Strauss Hauer & Feld’s project finance and…
Coronavirus measures pay off for Reed Smith as revenue tops $1.3bn while profit soars Tom Baker Despite starting the financial year by reducing partner drawings in response to the pandemic as well as other cost-cutting measures, Reed Smith…