US results season: Sidley posts a 7% increase in turnover as Mayer Brown sees a return to 2007 PEP levels Jaishree Kalia A year of expansion has seen top 15 Global100 firm Sidley Austin post solid 2013 results, with revenue up by around 7%…
City hire: Reed Smith takes on Travers Smith leverage finance partner Ben Davis Legal Business With Reed Smith’s London office results touted to break the $200m mark next week, the top 30 global law firm has hired Travers…
DLA Piper, Slaughters and Vodafone shine in 2014 Legal Business Awards Alex Novarese In what has proved the largest Legal Business Awards ever held, DLA Piper, Slaughter and May and Vodafone were last…
Davenport Lyons and Howard Kennedy FSI take another chance on the mid-market merger game David Stevenson After a relatively quiet few weeks for mid-tier merger mania, Davenport Lyons and Howard Kennedy FSI have done the decent…
Partner exits: NRF corporate partner Cathy Pitt and head of climate change Hobley move on Legal Business Top 10 LB100 firm Norton Rose Fulbright (NRF) has said goodbye to two further senior partner departures as longstanding London-based…
Comment: So what’s wrong with BigLaw anyway? Legal Business The term BigLaw has been around in the US for a while but in recent years this catch-all tag for…
Litigation funders seek greater credibility with introduction of new complaints procedure Legal Business The UK’s leading litigation funders have taken further steps to improve their PR and attack head on suggestions that they…
Redundancy watch 2014: Ince & Co announces consultation over 16 jobs Sarah Downey While the last few months have not brought with them the level of job cuts first feared at the start…
In-house: MasterCard appoints new GC; UBS regulatory chief exits for Gibson Dunn; and HSBC hires Cleary partner Legal Business The start of the year has seen much lateral movement both in-house and out, with MasterCard naming Tim Murphy as…
Asia round-up: DLA Piper, Hogan Lovells and Stephenson Harwood move to bolster regional networks Legal Business Despite the bearish mood that last year gripped many international law firms regarding Asia, and sustained tremors this year running…
US results season: White & Case sees revenues increase 4% as PEP hits $1.87m Jaishree Kalia Despite the recent relative economic revival in the US, the world’s largest legal market remains turbulent but early numbers from…
The end of the pipeline: Herbert Smith Freehills and Simmons advise AO on float to attain $1bn market cap Legal Business A healthy pipeline of London Stock Exchange listings has seen Herbert Smith Freehills (HSF) advise online appliances website AO on…
Comment: the rising stars in-house – bluechip legal teams are bursting with talent Caroline Hill The first Legal Business edition of the year coincides with a major project for us: the second edition of our popular…
Investment funds: Schulte Roth to grow London practice with move to bigger City premises Jaishree Kalia Schulte Roth & Zabel’s (SRZ’s) 80-strong top-tier transatlantic funds practice is set to grow after the US firm announced this week…
In-house: face of BT Law to change after Miles Jobling steps aside Legal Business The face of BT Law, having last year secured a licence from the Solicitors Regulation Authority to hive off BT’s…
LLP latest: Speechly points to owed client fees for fall in profits as Ashurst and Hill Dicks also post profit drop Sarah Downey Private-client focused Speechly Bircham has become one of the latest LB100 firm to post its limited liability partnership (LLP) accounts at…
Skadden’s London head Buck steps down as the City claims global management positions in energy and litigation Jaishree Kalia Skadden, Arps, Slate, Meagher & Flom’s longstanding European head Bruce Buck has stepped down from his role as London head as…
NRF unveils rise in bank loans to £55m but drop in net debt as South African partner appointed as global chair Legal Business Norton Rose’s last pre-Fulbright & Jaworski merger limited liability partnership accounts reveal that the top 10 LB100 firm’s bank loans rose…
Three’s company: BLP’s former head of restructuring Ben Larkin joins Jones Day David Stevenson The third partner to leave Berwin Leighton Paisner (BLP) for Jones Day in under six months, former head of restructuring and insolvency…
In-house: Shell finds internal replacement for Rees as it picks Ching as legal head David Stevenson Energy giant Royal Dutch Shell has this time found an in-house replacement legal director Peter Rees QC, today (10 February)…