New Law leader UnitedLex targets rapid expansion after acquisition by PE heavyweight CVC Hamish McNicol US legal services provider UnitedLex has landed a $500m war chest to capitalise on a ‘multi-billion dollar opportunity’ after private…
Comment: For good or ill, Kirkland is now redefining high-end law Alex Novarese Though I’ve always known that soul-of-a-law-firm cover features are the biggest draw for our readers, the response to our Kirkland…
Travers makes pension play with Sackers hire as KFC GC Nelson-Smith decamps to WeWork Thomas Alan Travers Smith has made a rare lateral play with the hire of Sebastian Reger to its pensions sector group as…
Deal watch: Rich pickings for Links as insurance and education sectors mark busy autumn for City elite Marco Cillario It has been a busy few weeks for Linklaters’ transactional team as the firm scooped spots on two multibillion pound…
Rosenblatt battles Brexit uncertainty in post-IPO financials as it launches litigation funder Tom Baker In its first financial results since the £43m IPO in May, Rosenblatt has recorded a slight uptick in revenue and…
The LB100 Comment: Smoke, turmoil and a tonne of cash Alex Novarese The latest financial year has not been a vintage period for those wishing the legal industry would fall into concise patterns.…
Deal watch: City high-flyers land jumbo £4.4bn BA pension deal as Blackstone’s buying spree continues Nathalie Tidman City heavyweights Allen & Overy (A&O), Clifford Chance (CC) and Eversheds Sutherland have landed key roles on Legal & General’s £4.4bn…
The no-plan plan – MoJ sets out disputes contingency guidance for a no-deal Brexit Tom Baker As the UK careens towards the March 2019 deadline, the Government has released a contingency plan outlining rules for cross-border…
Government letter reveals conditions of ex-SFO boss Green’s Slaughter and May role Tom Baker Following the much-anticipated confirmation of David Green’s move to Slaughter and May earlier this week, a government document has revealed the…
DWF revenue jumps to £236m ahead of stock exchange float Hamish McNicol DWF has added 18% to its top line as the thrusting national operator gears up to become the largest UK law…
Comment: A decade since Lehman the profession still mired in the New Normal Alex Novarese Within days of this issue hitting desks, it will be ten years since Lehman Brothers’ collapse marked what swiftly became…
Bircham Dyson and Pitmans seek reversal of revenue fortunes with £52m merger bid Thomas Alan The partnerships at City law firm Bircham Dyson Bell (BDB) and Reading headquartered Pitmans will this month vote on a proposed merger…
‘No way a sign of retrenchment’: Ropes axes four partners amid London refocus Nathalie Tidman In what has been termed by one rival City partner as a ‘night of the long knives’, Ropes & Gray…
‘Natural fit’ – Slaughters confirms long-anticipated hire of ex-SFO boss Green Hamish McNicol Slaughter and May’s high-profile move for former Serious Fraud Office (SFO) director David Green QC has finally been confirmed, following…
Another blow for Freshfields as highly-regarded QC leaves for litigation boutique Nathalie Tidman Freshfields Bruckhaus Deringer has fielded yet another blow in the City after litigation partner Reza Mohtashami QC quit for litigation boutique Three…
Revolving doors: Holiday lull over with spate of lateral hires at home and abroad Thomas Alan In the most significant move of last week, Baker McKenzie has hired Sidley Austin’s former City managing partner Matthew Dening, who…
‘Litigation finance is here to stay’: Former A&O senior partner Morley joins Vannin ahead of IPO Nathalie Tidman Fast-growing litigation funder Vannin Capital has appointed former Allen & Overy senior partner David Morley as chair ahead of a…
A&O matches Magic Circle’s sluggish gender pay gap progress after finally releasing partner pay stats Nathalie Tidman Allen & Overy’s (A&O) response to criticism over its failure to disclose the pay gap between male and female partners has…
A victory for legal privilege as ENRC triumphs in landmark SFO case Tom Baker City litigators uttered a collective sigh of relief as legal professional privilege (LPP) was upheld in the judgment of the…
Start me up: Highly-rated legal AI platform Kira secures a record $50m in private equity backing Thomas Alan In a significant benchmark for the legal tech sector, leading AI platform Kira Systems has sealed $50m of private equity…
