Return to form for Herbert Smith Freehills as profits jump against slight revenue increase Tom Moore Herbert Smith Freehills (HSF) has registered a sharp increase in profitability in its second full financial year since its merger,…
TLT boosts City financial services offering with Barclays’ team head hire Kathryn McCann TLT has boosted its financial services offering with the hire of Barclays’ investigations and enforcement head Jake McQuitty, who joins…
KWM seeks to rebuild City private equity practice with Fried Frank hire Tom Moore After suffering a series of raids on its renowned City private equity practice, including the announced departure of partner Simon…
Weil makes China lateral move with acquisition of Freshfields’ Ching Kathryn McCann Weil, Gotshal & Manges has bolstered its Shanghai office with the hire of Freshfields Bruckhaus Deringer’s New York-qualified corporate partner…
An American in Paris: Jones Day seeks to bolster teams through local recruits Legal Business Jones Day has launched a fund formation practice in Paris through the hire of partner Catherine Martougin from Luxembourg firm Arendt…
A&O records a solid year with 4% revenue growth while profits jump 8% Jaishree Kalia The second Magic Circle firm to post its financial results, Allen & Overy (A&O) has moved ahead of peer firm…
White & Case appoints management as Verrier re-elected while CMS hands Brandi a second term Legal Business Both White & Case and CMS announced yesterday the re-election of their executive chairmen with Hugh Verrier taking the role on…
Strike action: Solicitors and barristers to boycott legal aid cases from 1 July following ‘untenable’ cuts Kathryn McCann Solicitors and barristers in London and across the UK have agreed to boycott legal aids cases from tomorrow (1 July)…
Dealwatch: CC and Linklaters take lead on GE’s $2.2bn finance unit sale to Japan’s SMBC Legal Business Magic Circle duo Clifford Chance (CC) and Linklaters have taken lead advisory roles on General Electric’s $2.2bn sale of its…
Cross-border teams at Gibson Dunn and Weil advise on $18bn Willis and Towers Watson merger Legal Business US duo Gibson, Dunn & Crutcher and Weil, Gotshal & Manges have won key roles on the headline merger of…
Bird & Bird loses £1.8m professional negligence case over planning report Sarah Downey Bird & Bird has lost a professional negligence dispute taken by former client and offshore company Orientfield Holdings at London’s…
Shearman partners with three-office Saudi firm as it builds Middle East presence Kathryn McCann While some law firms are consolidating their presence in the region, Shearman & Sterling has bolstered its presence in the…
Orrick hires Hogan Lovells’ heads of energy and renewables as it continues City build-out Legal Business Orrick, Herrington & Sutcliffe has continued with its European strategy revamp, building its energy team in London by hiring Hogan…
Guest post: The Path to a High Achieving Culture – it turns out that money isn’t the driver Legal Business In a guest post, Aric Press, partner at the legal consultancy Bernero & Press and former editor-in-chief of The American…
Revolving doors: Key City hires for Gibson Dunn and Bakers as Eversheds loses former planning head Kathryn McCann Last week saw both international firms making strategic moves in the City and at a national level several key hires,…
Dechert re-elects leadership and picks corporate partner Nassau for chief executive in 2016 Kathryn McCann The partnership at Dechert have re-elected Andrew Levander chair for another four-year term, while chief executive Daniel O’Donnell has been…
Dealwatch: A&O and Linklaters sweep roles on €25bn supermarket merger alongside US trio Kathryn McCann The €25bn merger between international food retailers Delhaize Group and Royal Ahold has seen Allen & Overy (A&O) and Linklaters…
Hunting titans: A&O loses out to City firm Seddons in High Court Italian derivatives dispute Sarah Downey City firm Seddons has won a long running battle at the High Court for the Italian public authority Comune di…
1,500 partners: Just three City lawyers make the grade in Bakers’ 83-strong promotions round Michael West Baker & McKenzie has announced its 2015 promotions round with 83 lawyers making partner, 40% of whom are female, but…
City moves: Kirkland hires Weil’s London tax chief Kandel as Jones Day boosts its project finance team with a lateral from Latham Kathryn McCann It has been a busy couple of days for the City hire market, with leading London tax partner Jonathan Kandel…
