London rules again as Latham elects deal finance guru Trobman as new chief Marco Cillario Latham & Watkins is sticking to London for its new chair and managing partner, electing deal finance heavyweight Richard Trobman to…
Baker McKenzie makes up six in London amid scaled back global promotion round as the firm claims largest female partnership Marco Cillario Baker McKenzie has promoted six in the City as part of a scaled down global promotion round which saw 68 lawyers…
Financials 2017/18: Revenue ticks over for Stephenson Harwood but profits dip again Tom Baker Stephenson Harwood has recorded a 6% rise in revenues to £189m but suffered a consecutive year of falling profit per…
More growth for global traveller Bird & Bird as post-float Gordon Dadds hikes income 25% Marco Cillario Another year of international expansion has seen the 27th consecutive year of revenue growth for Bird & Bird as the…
Linklaters and A&O join Magic Circle peers in associate salary race to attract US talent Nathalie Tidman Linklaters and Allen & Overy (A&O) have joined Magic Circle peers Freshfields Bruckhaus Deringer and Clifford Chance to hike associate salaries in the…
Comment: BCLP offers a (slightly) better post-merger pitch than expected Alex Novarese It would take a generous observer of Berwin Leighton Paisner (BLP) to claim the once sure-footed outfit had managed anything…
Three new appointments to Supreme Court but still no commercial judges Tom Baker While the UK Supreme Court announced today (27 June) that Lady Justice Arden, Lord Justice Kitchin and Lord Justice Sales…
Knights shareholders to get £20m windfall after float valued at over £100m Tom Baker Staffordshire-based Knights is set to raise £50m from its initial public offering (IPO) on AIM this week (29 June), with…
Financials 2017/18: Ashurst posts 4% revenue uptick and second year of double-digit PEP growth Nathalie Tidman In what management has billed as ‘a strong performance globally’, Ashurst has reported a modest 4% uptick in revenue for…
Revolving Doors: Baker Botts takes Kirkland capital markets partner in Houston as Cooley adds tax partner and DLA makes litigation play in LA Thomas Alan City laterals stayed quiet last week continuing a recent hiatus while the US was the centre of attention internationally with…
Expansive Simmons shrugs off sluggish post-Lehman form to drive income up 12% to £354m Tom Baker Simmons & Simmons has posted one of its strongest results since the banking crisis, with the City firm announcing a 12%…
‘Continued growth an excellent result’: year of investment brings slowdown for Pinsents Thomas Alan Pinsent Masons has recorded slower revenue growth for the 2017/18 financial year, with turnover increasing by 6% to £449.8m compared…
The future is female – women lawyers outnumber men in UK as the in-house boom continues Tom Baker In a landmark for the legal industry that nevertheless raises some uncomfortable truths, the number of working female solicitors in…
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…
Eyes on ‘the prize’ – BCLP’s leaders on going all-in for transatlantic union Alex Novarese LB: What was the background to the merger talks? Therese Pritchard (TP): I started it. It’s my fault. In February…
The risk debate: Silver linings playbook Mark McAteer The decade since the fall of Lehman has seen some dramatic changes to the profession, not least law firms’ risk…
The Euro Elite: Italy – And yet it moves Marco Cillario Looking out of the window of his office overlooking the picturesque Piazza del Duomo on a rainy April afternoon, one…
