Putting a number on it – how do clients rate Slaughter and May?

Slaughter and May office

Late last year, Legal Business and Legal 500 unveiled a data project that has been in the works for some time – looking at how highly firms are recommended by clients.

That data, collected from Legal 500 referees, offers an entirely new perspective on the world’s largest law firms, enabling us to reorder the Global 100 by a new customer satisfaction metric – Net Promoter Score (NPS)*.

Of the eighteen UK-heritage firms in the Global 100, the firm with the highest NPS is Slaughter and May (and we will be revealing NPS for the LB100 very soon) but NPS is not the only metric we have data for – we also ask referees to score law firms on metrics such as billing, communication and value for money

So while Slaughters comes highly recommended by clients – how does it compare to its peers on criteria such as partner and associate quality and availability?

(The rest of this article is available to logged-in users onlyIf you are not logged in and unable to do so above, please click ‘Forgot your password?’ below to gain access to the full article). Continue reading “Putting a number on it – how do clients rate Slaughter and May?”

Revolving doors: Skadden and Goodwin launch new offices as Weil and Clifford Chance add key laterals

As the new year unfolds, Goodwin has launched its seventh European office in Brussels, hiring antitrust partner Stephen Mavroghenis from Quinn Emanuel. He was previously head of then-Shearman & Sterling’s Brussels office and co-head of its global antitrust group.  

Continue reading “Revolving doors: Skadden and Goodwin launch new offices as Weil and Clifford Chance add key laterals”

‘A fascinating area to work in’ – Travers Smith’s Heather Gagen on forging an ESG career

Travers Smith’s Heather Gagen, who leads the firm’s ESG and impact group, was recently named as one of Legal 500’s new UK Green Ambassadors. In this Q&A, she discusses the rise of ESG, the realities of balancing work and life with a young family, and offers advice for lawyers looking to build a career in the sustainability sector Continue reading “‘A fascinating area to work in’ – Travers Smith’s Heather Gagen on forging an ESG career”

‘There’s a lot of money in Chicago’ – the city’s top lawyers on what’s driving business in the Midwest

Chicago

Following last month’s release of Legal 500’s first US city elite rankingsLegal Business checked in with the newly ranked Chicago lawyers to learn more about the city’s legal market from the perspective of top regional and national firms.

Continue reading “‘There’s a lot of money in Chicago’ – the city’s top lawyers on what’s driving business in the Midwest”

‘A big space to attack’ – how shifting markets are opening up opportunities for firms across the UK

When talking to managing partners at law firms based across the UK, one thing is clear – there’s no shortage of challenges for them to contend with.

Whether it’s keeping their staff happy, competing for quality work, or staying on top of client priorities, law firm leaders have their hands full.

But while they juggle all these challenges, shifting dynamics in the major legal markets across the UK mean that new opportunities are emerging for national and regional players, as a tier of firms long viewed as the national elite increasingly turn their attention to the international arena.

Continue reading “‘A big space to attack’ – how shifting markets are opening up opportunities for firms across the UK”

‘A clear shift toward fewer but larger deals’ – mega-deals fuel growth as partners predict 2025 M&A trends

Shaking hands over briefcase

Leading M&A partners are predicting an increase in deal activity in 2025 driven by sectors including tech, financial services and private capital, as full year M&A legal adviser rankings from the London Stock Exchange Group (LSEG) highlight the increasing influence of top US firms on the market.

Continue reading “‘A clear shift toward fewer but larger deals’ – mega-deals fuel growth as partners predict 2025 M&A trends”

‘Everyone will be watching’: disputes partners pick out the trends to watch for 2025

If there’s one thing litigators aren’t disputing, it’s that workflow is not likely to drop as we settle into 2025.

Activity in the UK dispute resolution market ‘is showing no signs of abating’, says Paul Lewis, joint managing partner of Herbert Smith Freehills’ global disputes practice. He maintains that with litigation remaining one of the country’s top exports, the market is set to stay busy. ‘The reputation of the English Courts continues to be at an absolute high’, he says, making the UK an attractive place for both claimants and litigation funders.

Investor-related disputes are a key driver for the steady uptick in claims, suggests Oliver Middleton, chair of the London litigation and trial department at Latham & Watkins. He points out that the increasing sophistication of investors has resulted in ‘a lean towards a US-style approach to litigation, which involves parties using it as a tool rather than as something to avoid.’

Continue reading “‘Everyone will be watching’: disputes partners pick out the trends to watch for 2025”

Five partners vie to succeed Hoyland as Simmons managing partner

Jeremy Hoyland

Jeremy HoylandSimmons & Simmons has begun the process of electing a new managing partner, with the firm confirming that it expects to choose a successor to longstanding leader Jeremy Hoyland in March.  The successful candidate will take up the post when Hoyland steps down at the end of April.

Five Simmons partners are understood to be in contention for the upcoming election, with four based in London and one in Paris. All five are practice heads. Continue reading “Five partners vie to succeed Hoyland as Simmons managing partner”

Former Freshfields senior partner among recipients in New Year Honours List

Former Freshfields senior partner Edward Braham is among the legal practitioners to have been recognised in the 2025 New Year Honours List.

Braham, currently chair of investment advice company M&G, was senior partner at Freshfields  between 2016 and 2020 and also served as global head of corporate during his 26 years at the firm. He has received a knighthood for services to corporate law and to business. Continue reading “Former Freshfields senior partner among recipients in New Year Honours List”

‘It’s always a fight’ – US and UK funders on a busy year battling Davids, Goliaths and regulation

After a turbulent 2024 that at times saw the future of the funding industry called into question things are looking up for litigation funders. There may still be uncertainty but the easing of the post-Covid courts gridlock and an increase in litigation means there’s now a sense of optimism going into 2025.

But while it may be a better time to be a litigation funder, rapid growth brings growing pains. And, with the litigation funding market still developing, funders face issues around regulation, shifting perceptions, and ever-increasing costs.

Continue reading “‘It’s always a fight’ – US and UK funders on a busy year battling Davids, Goliaths and regulation”

Talent wars, private equity and number crunching: LB’s most read features of 2024

From transatlantic mergers to dizzying new heights of competition in the war for talent at both associate and partner level, 2024 has been busy. To help you reflect on the year that was and what’s coming next around the corner, here are LB’s 20 most popular features of 2024, as voted for by you – our readers.

We’ll be back with much much more in 2025.

Market forces: Paul Weiss, Kirkland and the war for London talent

Paul Weiss’s audacious hiring spree in London got everyone’s attention, not least Kirkland & Ellis, whose ranks it repeatedly raided. In April, Elisha Juttla and Georgina Stanley analysed how the strategies of both firms are playing out.

Elite: The rise of the in-house lawyer in private capital

The City’s top private equity lawyers, from private practice and in-house, reflect on the rise of private capital, the evolution of the GC role at PE firms, and what the future might hold, as told to Cameron Purse in September.

Richard YouleWhen the going gets tough – Global London firms dig in as market reality bites

After years of rapid recruitment, uncertain times have slowed growth among Global London firms, but as Holly McKechnie observed in April, savvy firms are strategically preparing for a market revival.

Baker McKenzie: One eye open

In February, Elisha Juttla delivered a deep dive into Baker McKenzie’s leadership, which has earned praise for its clear strategy amidst tragedy and controversy, asking whether the sleeping giant has finally awoken.

‘If you build it’ – firms put together infra dream teams as market booms

London’s infrastructure lateral market has been sizzling, with US firms aggressively recruiting. This January, Harry Vercoe explored the key factors driving this trend/

‘I’ve called firms and asked why someone isn’t a partner yet’ – the female GCs shaking up PE

Female GCs at private equity firms from Carlyle to KKR and Apollo to Bridgepoint discussed culture, careers, and the challenges of succeeding in the tough world of private capital with Georgina Stanley in September.

‘How hard are you prepared to work?’ – partners who’ve made it on how they built a book of business

Corporate and private equity partners at various career stages shared tips with Elisha Juttla in December about how to build a book of business in London’s uber-competitive market.

A wake-up call to those resisting integration’: HSF US merger marks further shift towards profit-sharing

The announcement of Herbert Smith Freehills proposed US merger with Kramer Levin made headlines this Autumn; in November, Anna Huntley examined the bigger picture behind the latest transatlantic tie-up.

Stressed lawyer illustrationStress test – partners on how they deal with a life under pressure

City partners spoke to Elisha Juttla and Holly McKechnie in June about how long, unpredictable hours in transactional work take their toll on mental health, and why the industry still needs to change.

Laws of attraction: how elite firms are ramping up their talent retention tactics

With the battle to recruit and retain star partners becoming more intense, the world’s top firms are shaking things up to fend off the competition, as explored by Elisha Juttla in November.

Paul, Weiss, Rifkind, Wharton & Garrison; LB297 Mar/Apr 2020

Late bloomer: how Paul Weiss made up for lost time on the global stage

Paul Weiss has made more headlines than most this year with a new international strategy that has shaken up the market – Elisha Juttla looked back on how it all went down

LB’s cases of the year

From group actions to competition claims and ESG-related litigation, 2024 has been a year of complex and multifaceted disputes – Alex Ryan and Bethany Burns analysed the key trends and cases in April.

What Gen Z lawyers really want from their careers

Are ‘woke’ Gen Z lawyers tearing up the status quo? Alex Ryan set about to find out in June, speaking to lawyers of all levels of seniority on how attitudes to work are changing.

The ESG report 2024

As ESG continues its rise up the agenda to business fundamental, LB looked at how the top firms are responding in October.

Marking a merger: how is BCLP’s transatlantic tie-up faring?

From hard facts to future plans, Tom Cox spoke to BCLP’s London leaders and market observers to get their verdict on how the transatlantic tie-up has gone down.

Doubling up: LB100 firms set 10% growth benchmark as more than half pull off double-digit hikes

2023-24 was a bumper year for the UK’s top 100 law firms with an average 10% increase in revenue, Ben Wheway dug into the LB100 data this December to see what was driving the growth.

Euro Elite 2024: Art of resilience

LB took its annual look at the Euro Elite this February, discovering the trends setting the agenda for Europe’s top firms.

Getting to know Kramer Levin – a guide to HSF’s merger partner

Everything you wanted to know about Kramer Levin (but were afraid to ask) – Alex Ryan set out all the details on HSF’s new US merger partner.

Global 100 defy gloom to pass $150bn

The world’s largest law firms defied gloomy predictions to crash through the $150bn mark in this year’s Global 100. Alex Ryan crunched the numbers to find out how.

Scaling up: a look back at the last ten years of disputes in London

A decade after LB’s first Disputes Yearbook, Bethany Burns and Alex Ryan checked in with London’s litigation elite in April to find out what has changed in the last ten years.

Green Ambassadors: The Legal 500 unveils new research into the lawyers fighting for a sustainable future

Meet Legal 500’s Green Ambassadors: the lawyers championing sustainability in major regions across the world.

Youle, Dejonghe, Levine and the top women in private equity – LB’s most popular interviews of 2024

From high-profile managing partners to leading GCs and barristers, the LB team interviewed dozens of the leading names in law about everything from mental health, to women in law to strategy in 2024. Here are our most popular interviews of the year.

The Private Equity Elite: Meet all the top general counsel in PE

What does it take to run the legal team at the world’s most profitable deal shops? Georgina Stanley and Cameron Purse spoke to 24 of the top London private equity GCs to find out about how they built their careers and how they thrive in the notoriously tough and hectic world of private equity.

‘We’re not Real Madrid signing the best player in the world every year, that’s not what we do’ – Skadden London head Youle on scaling up London

This July marked Richard Youle’s first year as Skadden London head – Elisha Juttla spoke to him about scaling up, breaking down strategies, and fostering ‘Skadden Spirit’.

Wim DejongheLB Management Partner of the Year Wim Dejonghe on mergers, money and his plans for life after law

This September, Wim Dejonghe was named Management Partner of the Year at the Legal Business Awards, capping off a distinguished 23-year career at Allen & Overy ahead of the firm’s merger with Shearman & Sterling – revisit Alex Ryan’s exclusive interview with Dejonghe on mergers, money, and his future plans.

Kirkland’s Sara Pickersgill – ‘Pick something you love doing and do it only for as long as you love it’

Kirkland & Ellis’ Sara Pickersgill on trading opera for infrastructure law – Harry Vercoe caught up with her this January to discuss everything from career changes to why The Lion, the Witch & the Wardrobe holds key lessons for every City lawyer.

‘I mistakenly thought severe anxiety was a good thing’ – Vinson’s London head on opening up about mental health

Vinson & Elkins London head Nick Henchie on mental health, seeking support, and supporting the next generation of lawyers – Elisha Juttla spoke to him for Mental Health Awareness Week about recognising struggles and the importance of openness in the legal profession.

Freshfields’ Mark Sansom on motorsports, email gaffes and competing on the global stage

Freshfields London managing partner Mark Sansom on motorsports, email blunders, and competing on the global stage – Georgina Stanley sat down with him this September to discuss his passion for racing, the lessons learned from turning down Oxford, and the importance of owning up to mistakes.

Life During Law: Richard Lever

Goodwin private equity partner Richard Lever on The Godfather, Jürgen Klopp’s leadership, and why disco’s still his jam – Legal Business caught up with him this February to talk career twists, unforgettable deals, and what makes him tick outside of law.

Life During Law: Scott Hopkins

Skadden corporate heavyweight Scott Hopkins recently hung up his skates after a long career at the US firm – Alex Ryan spoke to him in April about his journey from the hockey rink to the world of law, how martial arts shaped his approach to deals, and why timing, strategy, and a good tune were key to his success.

‘We know which lanes we want to run in’: Latham’s new City chief on pay, practice priorities and partner moves

Ed Barnett this year took the reins as Latham & Watkins’ new City head – Anna Huntley caught up with him to talk about surviving partner exits, revving up recruitment, and how he plans to keep Latham ahead of the game in London’s high-stakes legal race.

‘We have a remit to build’- ex-Latham team open up on Sidley’s bold City lev-fin play

In their first interview since leaving Latham & Watkins, Jayanthi Sadanandan and Sam Hamilton spoke to Elisha Juttla in October about their plans to transform Sidley Austin’s leveraged finance practice into a powerhouse for private equity clients.

‘Doubling down’: CC’s London PE head sets out strategy as buyout partners predict uptick

Spencer Baylin stepped up as Clifford Chance’s new London private equity head in December following Christopher Sullivan’s high-profile exit – Elisha Juttla caught up with him in March to discuss his vision, doubling down on client relationships, and plans to grow the team as the PE market heats up.

‘Co-founding an investment firm was the biggest learning curve of my career’ – Hg GC Samantha McGonigle

In September, Hg GC Samantha McGonigle spoke to Georgina Stanley about her journey from private practice to in-house, the fast-paced challenges of private equity, and the importance of building a strong network.

‘I work with the best M&A lawyers in the world’ – Carlyle’s Heather Mitchell

In September, Heather Mitchell, Carlyle’s global GC for Investments, sat down with Georgina Stanley and Cameron Purse to chat about steering her powerhouse M&A and risk team. As Carlyle scales up, Heather revealed how creativity, collaboration, and thinking outside the box are her secret weapons for handling growth.

‘As the only woman in the room, I would be asked to pour the tea’ – how legal life has changed for women

From a mining town to City partner, Greenberg Traurig’s Kathryn Garbett spoke to Elisha Juttla about overcoming gender bias, championing the next generation of women in law, balancing motherhood, and navigating a male-dominated legal world.

‘There are not many cases like this’ – the lawyers in Olympic boxer Imane Khelif’s corner

In a case that sparked a global debate on gender and eligibility, this year Withers represented Olympic boxer Imane Khelif. Tom Cox spoke with Libby Payne about representing Khelif pro bono after her disqualification from the IBA Women’s World Boxing Championships, while also discussing the need for clearer, fairer policies to protect athletes’ rights and privacy.

‘A PE firm is one of the most interesting places for an in-house lawyer’ – Cinven GC Babett Carrier

Georgina Stanley and Cameron Purse spoke to Babett Carrier this September about her journey from private practice to GC at Cinven, why private equity is the ultimate destination for in-house lawyers, and how she leads with a focus on risk, teamwork, and a passion for business.

Life During Law – Simon Levine

Simon Levine is handing over the baton as managing partner at DLA after a decade in the top role – Anna Huntley spoke to him this October about his leadership style, ripping up scripts and how running a law firm is a lot like running a mafia crew — without the killing.

Life During Law – Penny Angell

Elisha Juttla sat down with Hogan Lovells UK managing Penny Angell in October to discuss her love for negotiation, her evolving leadership style, and the time she picked beer over shoes in a high-stakes deal.

‘All options are on the table’: HSF’s CEO on why they chose Kramer – and whether more mergers could follow

Following the announcement of Herbert Smith Freehills’ proposed merger with Kramer Levin, CEO Justin D’Agostino spoke to Anna Huntley about the deal’s strategic edge, its impact on HSF’s global reach, and why more mergers could be on the horizon.

Non-binary people aren’t going away, no matter how much hate is expressed towards us’

In June, Oscar Davies, the first openly non-binary barrister, spoke to Amy Ulliott about breaking barriers, the challenges of being a role model, the importance of allies, and why equal rights should be seen as complementary, not conflicting.

Bankim Thanki KC on epic trials, great movies and clients doing a runner

Fountain Court’s Bankim Thanki KC spoke to Alex Ryan in April about his journey, epic trials, the lessons learned along the way, and why, despite over two decades in silk, he still saw his legal career as ‘extended work experience.’

‘I liken myself to an octopus with many tentacles in different places’ – Apollo’s Seda Yalcinkaya

In September, Apollo’s GC Seda Yalçinkaya, one of the lawyers named in LB’s Private Equity Elite, discussed balancing high-stakes deals, managing multiple roles, and pushing for diversity, particularly for working mothers.

‘With an open checkbook, they’ll likely target top talent’ – Davis Polk London scale-up turns heads

Breaking into the lateral hiring war, Davis Polk recently made waves in London with four new partner hires in just six months. In November, Anna Huntley caught up with the firm’s senior leadership to discuss their strategy for attracting top talent, ramping up private capital, and reshaping the firm’s presence in the City.

‘$20m isn’t much once you deduct the essentials’ – LB’s best quotes of the year

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From bumper pay cheques to internal politics and an extremely competitive lateral recruitment market, 2024 hasn’t been short of legal headlines.

But what do partners really think about what’s been happening? Here are some of Team LB‘s favourite anonymous quotes of the year, from partners who weren’t afraid to speak their mind. Continue reading “‘$20m isn’t much once you deduct the essentials’ – LB’s best quotes of the year”