Early numbers in US results season confirms solid growth as Shearman and Dechert lead the pack Legal Business US leaders grind out growth in 2013 despite ‘anaemic economy’ Despite having to contend with what Latham & Watkins’ outgoing…
Slaughters adds US capability in Hong Kong as best friends become rivals Legal Business Moore becomes first lateral hire in firm’s 125-year history It had been well telegraphed but even so news that Slaughter…
Global office launches for Norton Rose, Quinn Emanuel, Bakers and Jones Day Legal Business Global 100 firms embraced foreign expansion again in February. Norton Rose Fulbright (NRF) announced a significant addition to its Latin…
Deals: CC, Taylor Wessing and Ashurst act on infra and real estate deals Legal Business Advisers benefit as investors target industrial assets The shift towards global industrial real estate portfolios as an asset class last…
BT selects Axiom for global legal outsourcing and analytics contract Legal Business Jobling steps aside as head of volume business BT Law An innovator long at the vanguard of transforming the traditional…
MasterCard appoints Murphy as GC as Hanft steps down Legal Business UBS and HSBC see key in-house moves The start of 2014 has seen almost as much in the way of…
Taking Manhattan – Gibson Dunn posts strong 2013 financials after another impressive year Jaishree Kalia Identified as one of a handful of firms based outside New York that have mounted a serious challenge to the…
Comment: Where do you want your firm to be in 2020? How short-termism has come to define the modern law firm Legal Business To judge from the way law firms behave – it’s helpfully instructive to ignore what they say – the answer…
Guest post: Cooperation. Cooperation. Cooperation. The name of the game if you want a DPA Legal Business ‘Cooperation, cooperation, cooperation’ is the Serious Fraud Office (SFO)’s message to corporates looking to enter into new US-style plea bargains…
Countdown: HMRC’s LLP tax changes to go ahead in April Legal Business The controversial debate over taxation of limited liability partnerships (LLPs) has reached a decisive stage as changes are scheduled to…
Hires in London for MoFo and O’Melveny as Paul Hastings brings in Pfizer’s assistant GC Legal Business US firms have announced a number of senior hires in the last few days as Morrison & Foerster (MoFo) and…
Global growth for K&L Gates but profits edge down in 2013 David Stevenson Even for rapidly globalising law firms, the market remains challenging, it seems. Financial results for K&L Gates show the US…
US financial results 2013: Latham sees moderate growth in PEP and revenue David Stevenson Still basking in London in the news that it has hired leading Clifford Chance (CC) private equity partner Kem Ihenacho, Latham…
Revival watch – after a lost decade Shearman delivers pace-setting 9% fee hike as PEP soars to $1.8m David Stevenson It was a performance that the Wall Street thoroughbred badly needed and at last Shearman & Sterling has proved its many…
Axiom hires new UK MD from LexisNexis in senior leadership reshuffle and BT fills competition GC role Legal Business In the wake of its latest high profile outsourcing deal with BT, Axiom, arguably the most touted alternative legal services…
WhatsApp? Weil secures lead role on Facebook’s $16bn acquisition led by 2012 Dewey hire Legal Business The first global law firm to open an office in US technology heartland Silicon Valley, Weil Gotshal & Manges has secured…
Soft H2 debt restructuring market blamed for 12.6% drop in 2013 US revenue for Bingham McCutchen Legal Business When many firms were busy cutting costs and dicing teams in 2008, Bingham McCutchen weathered the economic downturn pretty well…
Return to form for Queen’s Counsel as 100 barristers take silk Legal Business In stark contrast with the recent decline in the number of Queen’s Counsel (QC) appointments, the latest round announced today (19…
Guest Post: Third party funders, out of the shadows Legal Business Third-party funding (TPF) has suddenly become the black sheep of the litigation finance industry. In the wake of the spectacularly…
Showing its teeth: SFO charges Barclays trio over Libor as watchdog publishes new deferred prosecution code Sarah Downey In a move emphasising the increasing efforts of the Serious Fraud Office to overhaul its image, the body announced on…
