Deal watch: Big cheeses land £975m Dairy Crest deal as Slaughters acts on £1.3bn Provident hostile takeover Nathalie Tidman The UK buyout market had an uncharacteristically frenetic week with City M&A counsel taking the lead on a £1.3bn unsolicited…
‘Too far apart’: Ashfords and Boyes Turner abandon £60m merger talks Thomas Alan Southern English law firms Ashfords and Boyes Turner have ditched their proposed merger which was set to go live in May after…
Shearman tight-lipped on City revenue amid reduced headcount and 4% global turnover rise Marco Cillario After rising by less than 1% in 2017, Shearman & Sterling’s global revenue grew at a slightly faster pace last…
Comment: It’ll take more than a float to make DWF the new DLA Alex Novarese Regular readers will have to forgive two columns in one issue on capitalising law firms but the day I write…
‘Investing in strength’: Akin Gump’s City turnover spikes 28% amid restructuring bonanza Nathalie Tidman The London office of Akin Gump Strauss Hauer & Feld has recorded a 28% revenue hike to $123.5m. The City results,…
The comeback kid: Return to form as Reed Smith hikes London revenue 18% to $222m Thomas Alan Reed Smith has bolstered City revenue by 18% to $222m amid a reversal of fortune which has seen global revenue rise…
Cadwalader London revenue drops 13% after restructuring team exit as global turnover makes slight return to growth Marco Cillario Bucking a trend which has seen a number of City outposts of US firms grow apace last year, turnover at…
Shameless plug alert: Unveiling the programme for Enterprise GC Alex Novarese Readers of a sensitive disposition in the face of journalists bigging up their own wares, please turn away, this piece…
New Law champion Axiom announces IPO plans in trailblazing move for global legal market Hamish McNicol New Law pioneer Axiom is to make good on long-mooted plans to float in a potential milestone for the alternative…
Revolving Doors: DAC Beachcroft hires from Kirkland in the City while Morgan Lewis leads international team push Thomas Alan There was no love lost between firms in the lateral market last week, with DAC Beachcroft, Withers and Reed Smith…
King & Spalding posts stronger year globally with UK revenue up 12% Thomas Alan US outfit King & Spalding notched a 12% growth in its UK business for 2018, with London revenue rising to $48.3m,…
Linklaters ends culture row as wannabe whistleblower agrees to destroy confidential documents Marco Cillario Former Linklaters executive committee member Frank Mellish has agreed that he will not disclose information raising concerns over the firm’s…
Taylor Wessing to enter alliance with West Coast leader Wilson Sonsini Marco Cillario Taylor Wessing is entering into an alliance with Silicon Valley firm Wilson Sonsini Goodrich and Rosati. The UK top 20 firm…
Goodwin London revenue surges 60% as European hiring spree pays off Marco Cillario Goodwin Procter’s City arm grew at more than three times the pace of the firm globally in 2018, hitting $66.8m…
Deal watch: Latham joins Freshfields and A&O on €5.7bn European buyout as Eversheds acts on €590m UK takeover Marco Cillario Continental Europe provided rich pickings to the global legal elite this week, as Blackstone and Hellman & Friedman agreed to…
‘Not adequately protected’: Junior lawyers demand SRA response on concerns over toxic working conditions Thomas Alan Junior lawyers have penned a letter to the Solicitors Regulation Authority (SRA) demanding clarification on the protection available to junior…
‘Another fantastic year’: Cooley City revenue surges 16% as global top line hits $1.23bn Marco Cillario Cooley’s London branch has recorded another year of double-digit revenue growth as its top line grew 16% to $66.7m, four…
Deal watch: Healthy pickings for Travers and DLA on Unilever’s £150m graze buyout as firms navigate Interserve rescue saga Nathalie Tidman Travers Smith and DLA Piper have sated their appetites on The Carlyle Group’s £150m disposal of graze while a raft of advisers…
‘Poised for great things’: White & Case City revenue tops $350m as Milbank sees 25% turnover spike Nathalie Tidman White & Case’s expansive London office was responsible for 17% of firm-wide revenue as Milbank Tweed Hadley & McCloy has a…
Linklaters turns to Asia for new banking head as Bugg steps down after three years Marco Cillario Linklaters’ Hong Kong based finance partner Davide Mencacci has replaced Tony Bugg to become the firm’s first non-London based banking…
