Ashurst misses out as Gibson Dunn and Pinsents take front row seats on $1.2bn Odeon deal Legal Business City firm Ashurst has missed out to former partners at Gibson, Dunn & Crutcher on the $1.2bn sale of London-based…
Ashurst to revamp lockstep and add bonus pool after financials disappoint Madeleine Farman Following another disappointing round of financial results, Ashurst is considering implementing a raft of changes to partner remuneration.
Comment: How KWM became Rogers & Wells II but with less staying power Legal Business A fêted global giant acquires a punchy mid-tier player to provide coverage in a key global region. Hopes are high.…
Latham ignores Brexit fears and continues City investment charge with Ashurst’s Baskerville Tom Moore Just two weeks after taking Ashurst’s global co-head of financial regulation, Latham & Watkins has returned to the struggling City…
‘Deepening ties’: Clyde & Co enters Germany with Düsseldorf hires Legal Business Just two months after announcing it will open an office in Miami, Clyde & Co has revealed it will open…
‘Misrepresentations and promises’: Barristers latest to take Brexit action as 1,000 sign petition over article 50 Legal Business In the latest legal lobby against Brexit, more than 1,000 barristers have signed a letter to urge MPs to pass…
‘Natural next step’: Taylor Wessing opens in Hong Kong through local association Legal Business Weeks after cementing a Vietnamese tie-up, Taylor Wessing has launched a Hong Kong office, by entering an association with a…
When in Rome – Dentons follows Italy launch by opening in capital Legal Business After launching in Milan late last year, Dentons has continued its recent European expansion by announcing a second office in…
Clifford Chance recruits new CFO as Purse retires after 11 years Legal Business Clifford Chance has hired Patrick Glydon, the global director of commercial initiatives from advertising agency Dentsu Aegis Network (DAN), to…
‘Simpler and better’: CMA calls for more competition but stops short of recommending full legal services review Legal Business An interim report into the legal services market released by the Competition and Markets Authority (CMA) has found that competition…
Revolving doors: K&L Gates and CC make key appointments as Pinsent Masons makes Magic Circle hire for new Düsseldorf office Legal Business In this week’s appointment round-up, Clifford Chance (CC) has added muscle to its New York office and K&L Gates has…
Record year for Linklaters as strong M&A run pushes firm over £1.3bn revenue boundary Legal Business Revenue at Linklaters has crossed £1.3bn for the first time, up 3% in 2015/16 to £1.31bn, as profits per equity…
A mixed bag for Simmons & Simmons as firm posts record turnover but tumbling PEP Legal Business Results season has proved something of a mixed bag for Simmons & Simmons, with turnover up 2% in 2015/16 to…
Eversheds records 7% revenue bump but PEP stays flat Legal Business Eversheds has reported revenue growth of 7% to £405.5m for 2015/16. The increase follows a year of flat turnover for…
In-house: RBS latest to shake up internal function with summer review of legal team structure Legal Business The Royal Bank of Scotland (RBS) has kicked off a review of its 400-strong legal team to control costs and…
Big Bar boost: Fountain Court makes seven strong team hire, including two silks Sarah Downey Leading set Fountain Court Chambers has boosted its commercial offering and with the recruit of two silks and five junior…
The Brexit effect: BLP becomes the first City firm to freeze pay post EU referendum Tom Moore City firm Berwin Leighton Paisner (BLP) has become the first law firm to freeze pay for UK staff following the…
KWM mulls cash call after increasing Barclays facility to £25m Legal Business King & Wood Mallesons‘ (KWM) European and Middle East business is mulling a cash call months after increasing its loan…
Maintaining growth: Bird & Bird keeps pace with 6% revenue hike Legal Business Bird & Bird has reported another year of solid growth, with revenue up 6% to €343.8m from €325.5m for the…
Travers Smith matches Slaughters associate base pay as indies beat Brexit woes to lift salaries Legal Business Despite post-Brexit referendum market turbulence, independent firms Travers Smith and Macfarlanes have both elevated their newly-qualified (NQ) pay levels, with…
