Freshfields loses key rising star Newhouse as Latham renews City M&A push Marco Cillario In the latest blow to the UK Magic Circle, Latham & Watkins has hired one of Freshfields Bruckhaus Deringer’s brightest…
Revolving doors: Taylor Wessing bolsters City real estate bench as Clydes revisits Keoghs for Manchester hire Muna Abdi In a muted week for the City recruitment market, Taylor Wessing made the only noteworthy London hire while Clyde &…
London lags global growth as Debevoise turnover breaks $1bn barrier Thomas Alan US firm Debevoise & Plimpton has increased London revenue almost 9% following a strong year in which global turnover broke through…
#MeToo: SRA decides against Freshfields’ Beckwith misconduct sanctions appeal Nathalie Tidman The Solicitors Regulation Authority (SRA) has decided not to appeal the sanctions handed to former Freshfields Bruckhaus Deringer restructuring partner…
Pretty, pretty, pretty good: outgoing Hogan Lovells chief lauds best-ever financials as PEP surpasses $1.5m Marco Cillario Hogan Lovells has posted its strongest financial performance since its transatlantic union a decade ago, with turnover rising 6% and…
Simpson Thacher makes rare lateral play with hire of Linklaters tax head Nathalie Tidman Traditionally one of the more conservative US acquirers of talent in the City, Simpson Thacher & Bartlett has bucked that trend…
A year of two halves for White & Case as City revenue drops after tricky start to 2019 Thomas Alan White & Case’s City revenue fell almost 4% over the last financial year following a ‘challenging’ start to 2019, while…
Goodwin’s City arm hikes revenue 11% to $74m on the back of lateral bonanza Nathalie Tidman In another robust year for Boston’s Goodwin, its ever-expansive City arm has seen turnover lift 11% to $74m amid a…
More Mishcon losses as Greenberg makes dual disputes hire in London Thomas Alan Greenberg Traurig has hired a pair of disputes partners from Mishcon de Reya, in an uncommon departure for the litigation…
Dealwatch: Big-ticket M&A back on track as Cleary and NRF lead on Alstom’s €6.2bn rail acquisition Muna Abdi Amid a relative dearth of substantial European buyouts recently, the proposed €6.2bn acquisition by France’s Alstom of the rail business…
Comment: Remembering Mr Disruption – How Clayton Christensen became the legal industry’s North Star Alex Novarese Barely into 2020 and news came that probably the most influential business thinker of the last 20 years had passed…
Down this road before: State bars fiercely oppose ABA’s US innovation push Thomas Alan The American Bar Association (ABA) suggested yesterday (17 February) that American states consider ‘innovative approaches to the access to justice…
Revolving doors: Goodwin appoints BCLP real estate partner as Mayer Brown hires White & Case City projects pair Muna Abdi American players dominated City recruitment last week as Goodwin Procter appointed a real estate partner, Mayer Brown made two hires to its…
Comment: The 2010s marked an unsung crisis in law firm leadership Alex Novarese Astute readers will note that our cover feature on 2020 forecasts spends as much time casting its eye back on…
Akin Gump falls short of last year’s City revenue surge amid global growth and lateral push Nathalie Tidman The London office of Akin Gump Strauss Hauer & Feld may have failed to maintain 2018’s pacy revenue growth of…
Ropes ups the ante in the City talent war with £130k NQ pay package Nathalie Tidman In a bold play for the Boston-bred firm, Ropes & Gray has increased its London NQ salary by 8% to…
Cooley’s City base passes $70m revenue mark as global growth slows Marco Cillario Cooley’s London outpost has outpaced the West Coast firm’s global revenue growth for the third consecutive year, rising 9% to…
In-house: Novartis to withhold 15% of fees if new panel firms miss D&I requirements Anna Cole-Bailey As in-house legal departments continue to push their law firms to be more diverse, Swiss pharmaceutical giant Novartis has pledged…
From Silk to Rope: Linklaters signs lease for Ropemaker Street move in 2026 Marco Cillario Linklaters is moving its 1,200-lawyer City headquarters out of Silk Street after 30 years to take up 14 floors at…
Cadwalader London revenue down again despite strong global performance Marco Cillario Cadwalader, Wickersham & Taft has seen its London revenue drop for the second year in a row, falling 4% to $41.3…