Freshfields, Slaughters and Morgan Lewis act as Bertelsmann buys further stake in $3.55bn Penguin Random House Legal Business Freshfields Bruckhaus Deringer, Slaughter and May, Morgan Lewis & Bockius and Davis Polk & Wardwell all returned to act as…
Mishcon boosts fledgling cyber security consultancy service Legal Business Mishcon de Reya has brought in Mike Owen from PwC as the fourth member of its expanding cyber security consultancy…
Disruptive GC Cordon exits Secret Escapes for new role in venture capital Kathryn McCann Disruptive general counsel (GC) Christine Cordon has departed her role at luxury travel company Secret Escapes to become head of…
Santander appoints firms including Slaughters and Ashurst to UK legal roster Kathryn McCann Spanish banking giant Santander has appointed a host of firms including Slaughter and May, Ashurst and Reed Smith to its…
‘Exciting times’: Ashurst elects three new board members after mixed year Marco Cillario The Ashurst partnership has elected London partner Karen Davies and Sydney partners James Marshall and Barbara Phair to its 10-member…
Ashurst to retain 95% of autumn trainees as newly-qualifieds as junior pay boosted Madeleine Farman Ashurst has retained 95% of its 20-strong second year trainee cohort, with 19 of those in London accepting permanent newly-qualified…
Financials 2017: Gateley posts double-digit revenue and profits rise in another strong year for listed firm Kathryn McCann AIM-listed law firm Gateley has posted a double-digit increase in revenues for this financial year, with turnover up 16% from…
Akin Gump reveals trainee salary increases, as NQ pay remains static yet competitive Georgiana Tudor Akin Gump has increased trainee salaries by 12% and 8% for first and second years respectively, with the group representing the…
Gibson Dunn continues lateral hiring spree with hire of A&O arbitration partner Jeffrey Sullivan Madeleine Farman Gibson, Dunn & Crutcher has added to its growing European offering with the appointment of London-based arbitration partner Jeffrey Sullivan…
Ince & Co brings in alternative career to partnership as it shakes up associate pay Legal Business Ince & Co is offering its lawyers the option to choose a different career path from the traditional partner track,…
‘Top end of expectations’: Travers PEP drops below £1m as turnover edges up Legal Business Travers Smith has recorded a 4% rise in revenue to £125m, marking eight consecutive years of growth, while the firm’s profits…
Gordon Dadds in ‘advanced negotiations’ to list on AIM following reverse takeover bid Kathryn McCann LB100 firm Gordon Dadds is in ‘very advanced negotiations’ to become an AIM-listed law firm by August this year, following a…
Financials 2016/17: Stewarts Law reaches £1.9m PEP in another year of standout growth Georgiana Tudor Litigation specialist Stewarts Law has posted its third consecutive year of double-digit growth, with a record profit per equity partner…
The Scottish play – amid uncertain times English law firms keep crossing the border Chris Crowe Neither political nor economic uncertainty in Scotland is dampening enthusiasm for law firm tie-ups across the border With a listless…
The Global 100: Methodology and end notes Legal Business The firms that appear in the 2017 Global 100 are the largest 100 law firms in the world ranked by…
The Global 100 2017 Legal Business Menu The Global 100 overview: Atlas shrugged The European question – Have years of cuts left the Magic Circle exposed…
The Global 100 – The stories of the year Tom Baker High-stakes recruitment, financial pressures and Europe’s largest law firm collapse – here is a recap of the stories that defined…
The Iran debate – The long, long game James Wood Hopes that Iran’s economy is opening up to foreign business have been raised and dashed in recent years. Will this…
Market comment: A year of living dangerously Legal Business ‘There isn’t much to differentiate between law firms. It is predominantly relationship-based, not on massive differentials in service.’ Chris Newby,…
Reversal of fortunes – A decade-spanning view of the Global 100 Mark McAteer Back in 2007 UK-based firms were living large on a boom in the City and sterling. A global financial crisis…