Ashurst targets funds and Brexit business with Luxembourg launch Nathalie Tidman Ashurst is a step closer to building out its European funds offering having today (22 June) received licence approval for…
Comment: The good things the ‘pundits’ never tell you about the legal profession Alex Novarese This may be an issue dominated by all things Millennial, but I am past that, so the column that follows…
Hogan Lovells cuts 54 City jobs as law firms keep slashing London biz service roles Marco Cillario Hogan Lovells is to cut 54 business support jobs from its City arm as the firm moves to expand its…
A&O lures FinReg head Penn back from Cleary as White & Case makes City funds play with partner hire Nathalie Tidman In a surprise move, Allen & Overy (A&O) has taken back its erstwhile financial services regulation head Bob Penn from…
Deal watch: Magic Circle trio banks on Virgin Money sale as €7.1bn Adyen IPO and £1.8bn Equitable Life disposal keep raft of advisers busy Tom Baker Magic Circle heavyweights Slaughter and May, Allen & Overy (A&O) and Clifford Chance (CC) have scored key roles on the £1.7bn sale…
Slaughters confirms highly-symbolic legal tech incubator launch as another start-up secures $13m investment Thomas Alan The burgeoning legal technology scene has seen Slaughter and May confirm it will launch a legal technology incubator in the next…
White & Case sets ambitious Chicago growth plans after opening office with corporate and white collar hires Nathalie Tidman White & Case is continuing its dynamic growth drive apace as the US vanguard opens an office in Chicago to be…
Revolving Doors: City laterals flat as DLA and Shoosmiths hire in the regions while CMS and CC go global Thomas Alan Regional and international hires dominated lateral recruitment in the last week as City hiring stalled, with DLA Piper bringing on a…
Taylor Wessing’s UK PEP shoots up 20% as global revenue exceeds the £300m mark Marco Cillario In another early sign of a good 2017/18 for UK firms, Taylor Wessing has followed up on a disappointing performance last…
Associate pay: Freshfields joins salary race as global firms jostle for talent in US Thomas Alan More details are emerging on associate pay at Magic Circle firms as Freshfields Bruckhaus Deringer has joined the list of firms…
Thrusting DWF primed for largest law firm listing yet but eyebrows raised at touted price Hamish McNicol Thrusting national operator DWF is gearing up to be the largest UK firm float yet with a London Stock Exchange…
CMS cites ‘19%’ UK profitability hike as turnover tops £500m in first post-merger results Marco Cillario CMS Cameron McKenna Nabarro Olswang has released a selection of financial highlights for the year following its three-way merger but disappointingly…
Employment partners rue ‘conservative’ Supreme Court judgment in highly-anticipated gig economy case Tom Baker A Supreme Court decision which was expected to have significant ramifications for the ‘gig economy’ has disappointed employment partners who…
Linklaters legal AI partner ropes in market-leading £13m investment Thomas Alan An artificial intelligence (AI) company boasting Linklaters as one of its key clients is targeting the world’s biggest firms after securing…
Deal watch: Westfield GC exits for something ‘very different’ as takeover completes while DLA lands Poundworld administration role Hamish McNicol Retail’s high street struggles are keeping advisers in the sector busy, as multiple firms took roles on the £18.5bn takeover…
Another record year for Fieldfisher as ‘more international’ firm breaks £200m barrier Marco Cillario Fieldfisher’s leader believes the firm has a ‘very happy partnership’ after cementing its position as the mid-market pace setter with…
Deal watch: Slaughters tunes into Sky bidding war as Links and Ashurst waste no opportunity on Cory Riverside disposal Nathalie Tidman Slaughter and May has been drafted in by the Walt Disney Company on its Sky News bid while Linklaters and Ashurst took the…
Revolving Doors: Paul Hastings lands Bakers FinReg veteran as Reed Smith hires City IP expert and Mayer Brown appoints Fried Frank’s UK finance head Thomas Alan In what has otherwise been a relatively subdued week for City laterals, Paul Hastings, Reed Smith and Mayer Brown have bolstered their…
Comment: 16 easy steps to making you a great managing partner Alex Novarese Recently a surprisingly popular column in Legal Business took a jaded view of the state of leadership in major law firms. The…
Slaughters’ high-profile move for ex-SFO chief hits watchdog’s review Tom Baker Slaughter and May’s high stakes move on former Serious Fraud Office (SFO) director David Green QC is being held up…