Axiom break-off rebrands after failing to find a buyer as LOD launches second German hub Thomas Alan Axiom Managed Solutions (AMS) has abandoned efforts to sell to new investors following its split from Axiom, instead rebranding as…
Ince stock plummets as firm seeks £16m from shareholders Thomas Alan Shares in listed law firm Ince Group fell drastically today (15 January) after the company called for an additional £16m in…
Revolving doors: Crowell & Moring recruits seventh Squire partner in a year as Linklaters loses real estate disputes head Muna Abdi The City lateral recruitment market is struggling to return to pre-Christmas activity levels, with only two firms making notable partner…
Slaughters ups the ante on associate pay with PQE salary boost Thomas Alan City blueblood Slaughter and May has increased its salary for associates with 2.5 years post-qualified experience (PQE) or more, after…
International roundup: Dentons enters Ireland and Cooley steps into Singapore as Winston leaves the Middle East Marco Cillario Dentons is to enter one of the few European jurisdictions missing from its sprawling international network by launching an outpost…
Revolving doors: City laterals bounce back with Milbank, Weightmans and Lewis Silkin Muna Abdi City lateral recruitment regained momentum following a slow Christmas holiday break, with Milbank, Weightmans, and Lewis Silkin all making hires in…
A&O gains Shanghai approval on the back of double-digit Asia-Pac growth Nathalie Tidman After boosting its Asia Pacific turnover by more than 10% last year, Allen & Overy (A&O) has become the latest…
NRF London partner promotions flat at eight in North America-focused round Marco Cillario Norton Rose Fulbright has promoted 48 lawyers to partner and five to the South African partner-equivalent role of director, increasing…
Hogan Lovells ramps up London partner promotions in 29-strong round Marco Cillario Hogan Lovells has increased partnership promotions in the City for the fourth successive year, minting eight in London amid a slightly…
Continental growth ‘high on the agenda’: BCLP bolsters Paris outpost with seven-partner splash Thomas Alan Starting the New Year with a bang, Bryan Cave Leighton Paisner (BCLP) has recruited a 21-strong team of lawyers in Paris,…
LLP accounts: Pension costs hurt CC profits as A&O leadership sees pay increases Marco Cillario Operating profit at Clifford Chance (CC) UK LLP fell 5% to £260m in the year to 30 April 2019 amid…
Comment: 2020 forecast – City giants forced to offer flexible partnership Alex Novarese I’m going to resist the urge to bang on about the year in review, Brexit or even offer a 2010s…
Revolving doors: Ashurst appoints planning co-head as Eversheds bolsters its City commercial practice Muna Abdi In a slower week than usual for City laterals, Ashurst appointed a co-head of its planning team as Eversheds Sutherland…
Dealwatch: Weil and Mayer Brown scoop leads on Nestlé’s $4bn US ice cream business sale Muna Abdi Weil Gotshal & Manges and Mayer Brown have advised on the sale of Nestlé’s US ice cream business to Froneri…
MJ Hudson raises £31m as the latest law firm float as Gateley continues acquisition drive Thomas Alan Despite the relative drought of listings in recent months, former SJ Berwin private equity head Matthew Hudson has raised £31m…
Comment: #MeToo is law’s Libor-rigging moment – Unheralded comes regulation of City law Alex Novarese Ask senior figures in the profession what has materially changed in the legal industry over the last decade and answers…
Freshfields partner exits following internal conduct probe Nathalie Tidman In a fresh reverse for Freshfields Bruckhaus Deringer amid the string of disclosures of harassment impacting the profession, a partner…
Freshfields partnership votes in misconduct penalty as #MeToo continues to overshadow the industry Nathalie Tidman The partnership of Freshfields Bruckhaus Deringer has voted in sweeping reforms to its handling of misbehaviour, including financial penalties, as the…
Charismatic and strategic: HSF names Asia managing partner and disputes leader D’Agostino as CEO Thomas Alan Herbert Smith Freehills (HSF) has appointed senior litigation hand and managing partner for Asia Justin D’Agostino (pictured) as its new chief…
Kirkland alumni gets nod as Sidley promotes two in London following 30-strong promotion round Marco Cillario Sidley Austin has promoted two of its City associates to partner, including one of the 40 lawyers who has joined the…
