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…
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…
European expansion – A&O launches in Barcelona with hire of Freshfields partner Jaishree Kalia Allen & Overy (A&O) has pointed to the growth and profitability of its Madrid office and the recovery of the Spanish…
Senior hires: KPMG appoints DLA partner as Manchester legal head as A&O and NRF lose partners to HogLove and Vedder Price Francesca Fanshawe As KPMG looks to expand its legal services practice the Big Four accountant has hired DLA Piper corporate partner Nick Roome…
Deal Watch: CC, Freshfields and A&O act on Liberty Global’s €6.9bn acquisition as Dentons and LG float Hurricane Sarah Downey Three Magic Circle firms have scored lead advisory roles on Liberty Global’s €6.9bn acquisition of Netherlands’ largest cable operator Ziggo,…
Blue sky thinking – A&O initiative to adopt and roll out new business ideas from clients Jaishree Kalia Following on from its roll out of high-end contract lawyer service Peerpoint last November, Allen & Overy is continuing to challenge…
Strategic recruitment: A&O hires employment team in Paris Jaishree Kalia Allen & Overy (A&O) has underlined the importance of its global employment practice with a significant hire in France, recruiting…
Clifford Chance wins double pharma mandate as Merck buys AZ Electronic Materials and Amdipharm buys Acbur David Stevenson With the pharmaceutical industry driving a number of recent high value M&A deals, Clifford Chance has won mandates on two significant instructions in…
Commercially minded: Allen & Overy chooses BPP for business-focused LPC David Stevenson In what constitutes a major overhaul of its training programme, Allen & Overy (A&O) has announced today (16 December) that…
Revolving Doors: Strategic growth for A&O, Eversheds, Wiggin, Dentons, Field Fisher and Olswang Jaishree Kalia In the last major round of hires before 2013 draws to a close, Allen & Overy (A&O) has boosted its international…
A&O the first top-tier player to forge contract lawyer service Jaishree Kalia Freelance lawyers to cover fixed-term needs. For all the talk of innovation in the profession, experimentation with new models has…
Shearman settles controlling stake in Co-operative Bank for US hedge funds David Stevenson Behind the scenes of the first-ever creditor bail-in of a bank in the UK. Last month The Co-operative Group’s £1.5bn…
Ashurst’s Lloyd set to join Allen & Overy subject to partner vote Jaishree Kalia Ashurst’s high profile global head of corporate Stephen Lloyd appears set to join Allen & Overy (A&O) after resigning from the newly-merged…
Innovation alert – A&O becomes first top tier player to forge a contract lawyer service with launch of Peerpoint Jaishree Kalia For all the talk of innovation in the profession, experimentation with new models has so far been more evident at…
H1 2013/14: A&O discloses revenue rise of 7.5% Jaishree Kalia The first of the Magic Circle firms to disclose its 2013/14 half year (H1) results, Allen & Overy (A&O) has done…
Pharmaceutical boon: A&O, Proskauer and Osborne Clarke advise on $1.68bn Novartis hive off Sarah Downey The buoyant pharmaceuticals market threw up yet another high-profile healthcare deal this week, as Swiss giant Novartis announced the sale…
Clifford Chance handed a major role for the Co-operative Bank as A&O faces conflict David Stevenson Clifford Chance (CC) has been handed a role advising the ailing Co-operative Bank on its recapitalisation due to a conflict…
Gordons and A&O on Morrisons panel as L&G cuts roster Legal Business One of the UK’s largest supermarket chains, Morrisons, last month finalised its first-ever legal panel, with Allen & Overy (A&O),…
A&O brings salaries into line with big four rivals as starting lawyer pay hits £64k David Stevenson Allen & Overy (A&O) has announced a salary increase for its associates, bringing the firm in line with its key City…
Law Society reaches out to City firms with hire of A&O’s Denyer Jaishree Kalia The Law Society has not always seen eye-to-eye with its City firm contingent but the hire of Allen & Overy’s…
