‘Deeply upset’: Law Society’s historic HQ suffers damage after outbreak of major fire Thomas Alan Firefighters were called out to The Law Society’s headquarters over the weekend after a major fire broke out, damaging the…
MoFo ups City revenue an impressive 25% as US reporting season begins Thomas Alan Morrison & Foerster (MoFo)’s City revenue has lifted 25% for a third consecutive year, outpacing a strong global showing and kicking…
LLP: CMS lifts profit amid Hong Kong and Istanbul restructuring as year-end move dampens NRF’s turnover Marco Cillario Operating profits at CMS Cameron McKenna Nabarro Olswang rose 20% to £192.8m after the firm restructured its Hong Kong and Turkish…
Freshfields lags Magic Circle as management pay drops 20% amid muted top line growth Nathalie Tidman The management of Freshfields Bruckhaus Deringer has seen a 20% drop in pay even as its Asia business offered a silver…
DLA cracks £1bn international revenue after pumping ‘tens of millions’ into offices and IT Hamish McNicol DLA Piper has increased profit at its international LLP for the fourth year running despite a sustained period of investing ‘tens…
Essential to success: A&O reviewing equity point cut in Germany Nathalie Tidman Allen & Overy (A&O) is reviewing equity points for partners in Germany, following a gruelling few years which saw a shift…
City’s new disputes hub launches home for independent arbitrators Alex Novarese The team behind the City’s new cutting-edge arbitration centre has launched a membership service for independent practitioners, with full clerking…
DWF continues global expansion with £14.2m managed services play Thomas Alan DWF has continued its expansionist strategy following last year’s initial public offering (IPO), dipping into its war chest to acquire managed…
Taylor Wessing loses practice head as Latham targets UK mid-market for first City tech laterals Marco Cillario Latham & Watkins has become the latest US player to expand its City emerging company capabilities by targeting two mid-market UK…
Revolving doors: Goodwin recruits CMS private equity head as Shoosmiths adds cyber partner in London Muna Abdi In a relatively subdued week for the London lateral market, Goodwin Procter and Shoosmiths made the only noteworthy hires in the…
Lawyers rank top for satisfaction, value for money, but access to justice gaps persist Thomas Alan Solicitors in England and Wales received a glowing review in a new survey of legal needs but evidence of gaps…
Warne gets second term as CMS UK senior partner Marco Cillario Penelope Warne (pictured) will remain at the helm of CMS Cameron McKenna Nabarro Olswang until May 2024 after the partnership confirmed…
International round-up: Squires enters Italy as NRF shuts Bahrain outpost Marco Cillario Squire Patton Boggs has entered the Italian legal market with a four-partner Milan base while Norton Rose Fulbright has become the…
HSF brings German offices into UK LLP to mitigate Brexit concerns Thomas Alan Herbert Smith Freehills (HSF) has finalised a move to absorb its German partnership into its UK LLP, as firms enter the…
In-house: TransferWise cashes in on competitor’s legal head as mammoth US GC pay packets revealed Anna Cole-Bailey In a month of significant hires and departures, online money payment company TransferWise has snapped up rival Monzo Bank’s chief…
‘We’re taking proximate steps’: DAC doubles up in Madrid with 20-lawyer hire Hamish McNicol DAC Beachcroft is looking for further opportunities in Europe and South America after doubling the size of its Madrid office…
Revolving doors: City laterals abound as RPC hires DWF restructuring head and Linklaters recruits White & Case banking partner Muna Abdi Firms got back into the swing of City hiring last week after an early January lull as RPC added DWF’s…
Mishcon turns off the lights in New York as partners defect to KWM Muna Abdi Mishcon de Reya has called it quits in Manhattan after ten years as the firm’s three remaining partners jumped ship…
Late to the party: Reed Smith hires partners from five firms for Brussels launch Thomas Alan Reed Smith has opened its fifth European office in Brussels, following the hire of five partners to the firm’s corporate…
A record year for ethnic minorities as Clydes, Freshfields, HSF and White & Case partners make 2019 silk round Muna Abdi The number of new Queen’s Counsel (QC) has rebounded after a 2018 dip, including a record 22 appointments from ethnic…