‘Anything that begins with admin is at risk’ – the pressures fuelling firms’ business services cuts Eliza Winter Recent weeks have seen a flurry of major law firms confirm plans to restructure their paralegal ranks and business services…
Trading places: Skadden creates new C-suite role as Davis Polk makes trophy sports signing Alex Ryan Skadden has appointed its first chief digital and information officer, hiring PwC partner Vince DiMascio (pictured) into the newly created…
LB100: why global reach is the differentiator for insurance firms as growth slows Will Lewallen While 2024-25 was another strong year for the UK’s biggest law firms, those with an insurance focus underperformed compared to…
Trading places: Freshfields makes Paul Weiss AI hire as Latham and Simpson Thacher boost corporate and finance Alex Ryan Freshfields has continued its US expansion with a partner hire from Paul Weiss to co-head its artificial intelligence practice. The…
Revolving Doors: Proskauer, Mayer Brown and Pinsents hire in PE as A&O Shearman loses German arbitration head Will Lewallen Martin Graham has joined Proskauer’s private equity and M&A team in London, returning to private practice after 18 years at…
Revolving Doors: Hogan Lovells picks up Paul Hastings PE duo as Cadwalader hires from Katten Alex Ryan Hogan Lovells has bolstered its London private equity offering with the hire of real estate-focused PE partners Michael James and…
Revolving Doors: Ropes restocks in PE as Slaughters sees double partner departure Will Lewallen September is here, summer is over and this week’s Revolving Doors has a flurry of moves as partners everywhere return…
Pinsents posts modest revenue increase as PEP stalls Will Lewallen Pinsent Masons grew revenue by just under 5% during the last financial year, with the increase in fee income coming…
Revolving Doors: Simpson Thacher, Cooley and Cadwalader hire in London as magic circle firms make moves in Paris Bertie Ford Simpson Thacher & Bartlett’s London office has grown with the hiring of Richard Hanson as a partner in its securitisation…
Revolving Doors: Weil continues London funds rebuild as Dechert hires in-house PE star from GIC Tom Cox Weil is pushing ahead with rebuilding its London funds bench, picking up A&O Shearman partner Phil Baynes, who rejoins the…
Revolving Doors: Baker McKenzie picks up leading Latham funds partner as A&O Shearman departures continue Alex Ryan Baker McKenzie has hired investment funds partner Nick Benson into its London office from Latham & Watkins. A Legal 500…
Revolving Doors: Paul Hastings lands Kirkland M&A heavyweight as Clifford Chance adds laterals in New York Anna Huntley Leading this week’s high-profile moves, Paul Hastings strengthened its corporate M&A practice with the hire of Eric Schiele from Kirkland…
Brodies and Shoosmiths among firms reaching new revenue highs as results season continues Alex Ryan A clutch of major law firms have continued the trend for strong 2023-24 results, with Brodies, Shoosmiths, Clyde & Co…
‘A timely reminder’: SDT issues joint highest-ever fine in anti-money laundering crackdown Holly McKechnie The Solicitors Disciplinary Tribunal has fined Clyde & Co £500,000 and former partner Edward Mills-Webb £11,900 following a slew of…
‘Testament to the enduring strength of our strategy’: Clyde & Co reports increase in revenue and profit as BLM merger beds in Alex Ryan Clyde & Co today (1 August) reported a 22% increase in revenue to £786.6m – a combination of 6% organic…
HFW bids for dominance in UAE shipping sector with double Clyde partner hire Tom Baker In a significant move for the Middle Eastern shipping market, sector specialist HFW has hired partners Robert Lawrence and Ian…
HFW records slipping profits and revenue as it grapples with Covid recovery Tom Baker HFW attributed a 1% dip in revenue from £200m to £198.7m to a ‘prudent’ reduction in lawyer headcount during the…
BLM salaried partners forced to re-apply for roles as Clyde merger looms Tom Baker Salaried partners at BLM will have to re-apply for their positions once the firm’s merger with Clyde & Co goes…
‘Buffeted from both sides’: City partners react as Clyde & Co and BLM finalise merger Tom Baker With partners from Clyde & Co and BLM recently voting through their £700m merger, observers have offered conflicting views on…
Clyde & Co and BLM to merge with partner vote imminent Tom Baker Clyde & Co and BLM are at an advanced stage of merger discussions, with both sets of partnerships due to vote on…
