Dentons delivers 36% PEP turnaround on ‘strongest ever’ financial results in UK and Middle East Marco Cillario The global management of Dentons are well known sceptics of the significance of profit per equity partner (PEP) but its UK…
‘An impressive background’: high hopes for new SFO director but naming delay criticised Tom Baker The two-month delay in naming the new Serious Fraud Office (SFO) director has been labelled flabbergasting, embarrassing and unsettling by…
‘We can’t grumble’: Osborne Clarke looks to capitalise on double-digit growth streak Hamish McNicol Osborne Clarke (OC)’s leadership duo had two reasons to party in Brussels overnight: it has been five years since the firm…
Comment: A&O merger bid risky but US question can’t be delayed forever Alex Novarese ‘It is an odd couple. I wouldn’t have put them together,’ is one take from a London peer to the…
‘Very selective’: DLA goes to Freshfields for rare City corporate hire in wake of London losses Hamish McNicol It has been something of a one-way street out of DLA Piper’s London office recently but the global giant believes it…
Ince & Co to shed more than 30 business services and fee earner jobs in structural shift Tom Baker Shipping specialist Ince & Co is to cut more than 30 fee earner and business services jobs in a redundancy round…
‘A sufficient war chest’: Knights turn to IPO for acquisition agenda Thomas Alan One of the earliest adopters of the Alternative Business Structure (ABS) model is turning to the public capital markets to…
Milbank bids up associate pay as surprise moves takes City associates to new $190k benchmark Marco Cillario Despite much talk of client pressure on fees the determination to recruit top associates continues to build with one leading…
Revolving Doors: DWF and Fladgate bolster City recruitment as Ashurst goes large internationally Thomas Alan City recruitment was strong last week as DWF and Fladgate followed headline laterals at White & Case and Ashurst with London plays. International…
Tidswell goes unchallenged in securing second term as Ashurst chair Nathalie Tidman Ben Tidswell has been handed another term as chair of Ashurst following an election which last week culminated in his…
White & Case makes another City litigation play with Addleshaw Goddard hire Thomas Alan Expansive US firm White & Case is continuing to walk the talk on its going ‘toe to toe with the…
‘I like new challenges’: Bakers securitisation veteran exits for Ashurst Marco Cillario The rebuild at Ashurst following a complicated end to 2017 in which three key partners left in a fortnight has gained…
New Law pioneer LOD primed for growth as BCLP sells to buyout house Thomas Alan Lawyers On Demand (LOD) has secured new private equity backers in place of parent Bryan Cave Leighton Paisner (BCLP) as…
Bidding opens on UK government’s reshaped £320m public sector legal panel Hamish McNicol The UK government’s bid to trim legal costs for the public sector has taken another step after firms were invited…
Revolving Doors: City laterals pick up pace as Baker McKenzie and DWF make moves while Reed Smith expands in the US Thomas Alan City recruitment kept pace last week as a trio of firms made City hires, led by Baker McKenzie’s corporate hire…
Deal View: Life after Hatchard – does Skadden hunger to take its peerless M&A team to the next level? Nathalie Tidman ‘Theirs is the biggest succession issue faced by any firm in the City,’ says one Magic Circle partner of Skadden,…
Deal watch: Ropes & Gray advises on £1.3bn private equity deal as White & Case and Eversheds score major mandates Tom Baker Major transactions continue to flow after Ropes & Gray’s London arm acted on the largest-ever UK private equity software buyout…
Taylor Wessing finalises leadership overhaul as litigation chief succeeds veteran managing partner Eyles Hamish McNicol Taylor Wessing has completed its management reshuffle with the election of the law firm’s litigation co-head Shane Gleghorn (pictured) to managing…
Paul Hastings turns to Linklaters for hire of second City corporate heavyweight in a week Marco Cillario An expansive Paul Hastings has made its second headline lateral in London in a week, this time at the expense of…
Comment: Star power is core to the law firm sales pitch – clients won’t buy excuses Alex Novarese Within the same week, two Magic Circle firms stressed to Legal Business the same mantra after departures of big-name lawyers:…
