A&O leads City’s big four amid subdued results Kathryn McCann Firm posts 8% PEP hike and 4% revenue increase With all of the Magic Circle financial results in, Allen &…
Candidates emerge as CMS gears up for autumn managing partner election Legal Business Four partners are tipped as potential successors as Weston prepares to step down CMS Cameron McKenna is gearing up for…
CC innovation chief creates taskforces to drive change Legal Business Firm eyes IBM Watson partnership and new software products Six months into the role, Clifford Chance (CC)’s head of innovation…
Jacobs frontrunner for next Linklaters senior partner Legal Business Slaughters’ senior partner race also underway ‘There’s no-one else,’ mused one ex-Linklaters partner. ‘If Charlie Jacobs isn’t the next senior…
Re-elected Verrier shuffles the White & Case pack Legal Business White & Case announced last month the re-election of executive chair Hugh Verrier, who takes on the role for a…
TTIP: Arbitration moves into the limelight Legal Business Tom Moore looks at the US-EU free trade pact’s potential for arbitration The rise of international arbitration has gone unhindered…
Booming pharma sector delivers work to US firms’ City offices Legal Business M&A work in the pharmaceutical industry continued apace last month, with White & Case’s London office winning its first mandate…
Dickson Minto lands role alongside Proskauer Rose, A&O and Ashurst on $1.7bn ERM sale Kathryn McCann The recent appetite of Canadian pension funds for high-quality assets was demonstrated again in June as Allen & Overy (A&O),…
Olswang to lose Berlin team in strategy reversal Sarah Downey Freshfields among firms in talks to take over the office The last 12 months have been quite a whirlwind at…
King & Spalding secures four-partner Ashurst team for Tokyo launch Legal Business Withers makes further Asia push with Japanese opening King & Spalding chose Tokyo last month as its second base in…
Deal watch: Corporate activity in June 2015 Legal Business US CITY TEAMS TAKE LEAD ROLES ON GHG’S £1.5BN DEBT RESTRUCTURING General Healthcare Group (GHG)’s £1.5bn debt restructuring, involving two…
Asia: Mayer Brown to form local JV in Hong Kong as Cleary takes Shearman partner Legal Business Mayer Brown‘s Asia arm is in the final stages of forming an association with the Hong Kong office of Chinese…
In-house: JP Morgan appoints a new GC as Cutler takes on vice-chairman role Kathryn McCann JP Morgan Chase will appoint its current corporate and investment general counsel (GC) Stacey Friedman as GC early next year…
HSF arbitration heavyweight Weiniger QC to depart for Linklaters Legal Business Linklaters has returned to a familiar hunting ground, Herbert Smith Freehills (HSF), to hire experienced arbitration partner Matthew Weiniger QC.
CC posts flat results but sublets half of Canary Wharf HQ to Deutsche Bank to slash costs Tom Moore Clifford Chance (CC) has posted subdued results for 2014/15 amid a weakening euro, with revenue falling slightly to £1.35bn and…
Growing pains as revenue and profits take a tumble at Ashurst Jaishree Kalia Ashurst has revealed a drop in both firmwide revenues and profits per equity partner (PEP) following a ‘year of consolidation…
Financials 2014/15: subdued performance from Eversheds with revenue and profits flat Kathryn McCann Eversheds has posted essentially flat results for the last financial year, with revenues flat at £380.7m compared with £379.1m in…
DAC Beachcroft unveils new leadership following contested election Legal Business DAC Beachcroft has elected real estate partner Virginia Clegg as the firm’s new senior partner, while insurance head David Pollitt…
Financials 2014/15: Freshfields PEP down 8% while revenues flatline Legal Business The last of the big four City firms to post its results, Freshfields Bruckhaus Deringer has revealed an 8% slump…
Revolving doors: Global 100 firms make heavyweight international hires in key markets Kathryn McCann In another busy week for international lateral hires, Allen & Overy (A&O), Kirkland & Ellis, Pinsent Masons and Reed Smith…
