Addleshaws’ appetite for expansion grows amid strong 23% lift in revenue Hamish McNicol Addleshaw Goddard wants to expand in any possible way and in any possible place following a sustained period of growth and…
Freshfields’ high-yield guru McKimm rejoins Shearman & Sterling Nathalie Tidman In a fresh blow for City giant Freshfields Bruckhaus Deringer, high-yield partner Ward McKimm is leaving after three years to…
Macfarlanes breaks £200m barrier as PEP grows 26% in buoyant year Marco Cillario Macfarlanes has grown its revenue 20% to £201.5m in yet another sign of a strong financial year for mid-tier City firms.…
Growth for Scottish independents Brodies and Shepherd Wedderburn as uncertainty looms Hamish McNicol Scottish independents Brodies and Shepherd and Wedderburn have continued to grow despite a backdrop of what both describe as political and economic…
Revolving doors: A&O makes New York push as DLA and Dentons add to European rosters Tom Baker It has been lively couple of weeks for lateral hires, with Allen & Overy (A&O) making a significant play in New…
Watson Farley using fewer smiley emojis as revenue growth falls back following strong run Tom Baker One of the UK’s leading ‘pacey’ mid-tier firms, Watson Farley & Williams (WFW), has seen its revenue growth rate fall to…
Tchenguiz swaps Stephenson Harwood for Debevoise after failed €2bn claim Tom Baker Embattled property tycoon Robert Tchenguiz (pictured) has replaced long-time legal advisers Stephenson Harwood with Debevoise & Plimpton after his €2bn claim against…
Allen & Overy Fuse start-up Bloomsbury sold to Facebook for $23m Hamish McNicol Allen & Overy (A&O) is unlikely to replace the start-up that has been snapped up by Facebook just two months…
Comment: Yet unremarked, generational conflict cripples City law Alex Novarese Our cover feature this month largely speaks for itself in assessing the changing face of partnership as Millennials begin colonising…
Freshfields partner profits top £1.7m as City giant posts more confident year Nathalie Tidman Freshfields Bruckhaus Deringer has posted something of a rebound after announcing a 12% increase in profit per equity partner (PEP) to…
The Magic Circle packs tight in 2018 results as A&O follows peers with modest growth Alex Novarese The firm was a stand-out performer in 2017, but Allen & Overy (A&O) could not keep up the blistering pace…
Disputes round-up: Retailers beat Visa/Mastercard on fees as Stewarts launches financial crime unit Tom Baker The UK’s largest disputes specialist, Stewarts, has helped secure a win in the high-profile Visa/Mastercard interchange fees case less than a…
Taylor Wessing follows northshore wave with 10-lawyer Liverpool launch Marco Cillario Taylor Wessing is joining the growing list of City firms expanding into low cost centres in the UK by launching an…
Top-line growth no longer a priority as profit jumps 12% at HSF Tom Baker Herbert Smith Freehills (HSF) chief executive Mark Rigotti says the days of focusing on revenue growth ‘are gone’ after the firm…
Deal Watch: Rich pickings for Travers and Ashurst as US giants get busy on the continent Marco Cillario It was a busy week for UK and US deal counsel as Travers Smith and Ashurst acted on multibillion-pound deals north of…
Veteran Pernod Ricard GC FitzSimons departs after 16 years at the helm Tom Baker French wines and spirits company Pernod Ricard announced yesterday (2 July) it had lost a veteran of the in-house legal…
Barclays presses counsel for radical shake-up by 2021 as it unveils final panel Hamish McNicol Barclays is intent on pushing dozens of major law firms to adopt a radical overhaul in working arrangements in time…
Ashurst taps Mayer Brown’s City office in disputes drive as White & Case adds Macfarlanes rising deal star Jones Nathalie Tidman The City lateral market has kicked off after an uncharacteristic hiatus in recent weeks, seeing Ashurst recruit disputes partner Tom Duncan…
A relative result: CC hikes partner profits to £1.6m as first Magic Circle player unveils 2018 numbers Marco Cillario For months lawyers have been talking of unexpectedly robust trading conditions but the first clear indication from the City elite…
Slater and Gordon fined £80,000 for Quindell disclosure breach involving more than 7,000 files Tom Baker In another chapter to the ongoing story of Slater and Gordon’s (S&G) troubled Quindell buyout, the firm has been hit…
