US financial results 2013: Paul Weiss builds on 2012 success with revenue increase of 7% David Stevenson New York elite firm Paul, Weiss, Rifkind, Wharton & Garrison has built on its double-digit growth of 2012 by turning out…
Making a splash – partners from Shearman, Covington and Jones Day join breakaway Freshfields arbitration boutique Legal Business As brand new start-ups go, the Freshfields Bruckhaus Deringer-breakaway arbitration boutique set up by heavyweight arbitrators Constantine Partasides, Paris-based Georgias Petrochilos…
Energy run: Clifford Chance advises Shell on series of major M&A deals Legal Business Clifford Chance (CC) has secured a run of major mandates for Royal Dutch Shell including last week’s A$2.9bn ($2.6bn) agreement to sell…
US results season 2013: McDermott and King & Spalding post 4% increase in revenue David Stevenson Chicago-headquartered firm McDermott Will & Emery has continued its post-financial crisis recovery, unveiling a 3.5% increase in revenue to $881m, as…
Asia calling: Bird & Bird launches in South Korea as Taylor Wessing and Allen & Gledhill expand Asia footprint Sarah Downey Bird & Bird has joined a host of international law firms looking to enhance their global footprint with a cooperation agreement…
Divided we fall – Sidley Austin announces review of Frankfurt office following partner departures Legal Business Europe’s largest and one of its most highly divided economies, Germany has put many law firms’ strategy to the test…
Mergerwatch: Speechly Bircham in talks with Charles Russell Sarah Downey Speechly Bircham is trying its hand once more at finding a merger partner as the firm last month announced it…
You’re gonna need a bigger boat! – big data and the modern law firm Joanna Goodman Big data has been hailed as the next big thing to hit legal tech and has already become a force…
American without tears – succession planning at the increasingly transatlantic DLA Piper Francesca Fanshawe So the experiment ends as a qualified success. News of the early-timed succession planning at DLA Piper confirmed that well-regarded…
One year on: enjoying it so much I hope I don’t mess it up Legal Business ‘So, are you enjoying it?’ I’ve lost count of the number of times I have been asked the question since…
Ambition and culture – the key tests CC’s deal team must pass Legal Business First, the case for the defence. Given that private equity partners gossip like fishwives, you can be somewhat sceptical over…
The Last Word – English Law Legal Business With the popularity of English law a key issue in the global legal market, we ask partners for their take…
DISSENT: The road to equity – a difficult journey, an uncertain destination Legal Business The Royal Bank of Scotland’s James Tsolakis argues the profession must accept a fundamental challenge to its traditional model The…
Tax overhaul threatens US firms with four-year cash drain but could boost global mergers Legal Business US law firms are facing a fundamental overhaul over the way they calculate and distribute their profits that could result…
LB100 firms review partnership model as HMRC’s LLP changes loom Sarah Downey The impact of HM Revenue & Customs’ decision to overhaul the way salaried partners are taxed is being felt across…
CC’s Tinkler addresses recent private equity departures Legal Business In mid-February, Latham & Watkins confirmed its third London private equity partner hire from Clifford Chance (CC), with Kem Ihenacho…
Turning the corner, honest: can Shearman turn a proactive run into a sustained revival? David Stevenson David Stevenson assesses Shearman’s hopes of regaining its potency ‘The work that’s been done over the last few years is…
Return to form for Queen’s Counsel as 100 advocates take silk Legal Business Latest QC promotions round the largest in three years In stark contrast with the recent decline in the number of…
Arbitration heavyweights resign to form boutique Legal Business Partasides and Petrochilos to join former colleague Jan Paulsson Breakaway arbitration boutiques are increasingly common but they rarely have the…
Life During Law: James Palmer Legal Business I don’t believe people that do well have an unerring right to succeed and it’s entirely down to their own…