Baker McKenzie and Gibson Dunn have played key roles in KKR’s $5bn investment in a stake in Gulf Data Hub, one of the largest independent data centre platforms in the Middle East.
Revolving Doors: White & Case hires Travers technology head as Fried Frank makes double hire
Starting off this week’s lateral roundup, White & Case has bolstered its global intellectual property practice and technology industry group in London by hiring Legal 500 IT and telecoms leading partner Dan Reavill. Continue reading “Revolving Doors: White & Case hires Travers technology head as Fried Frank makes double hire”
A&O Shearman only firm to pick up new KC as silk appointments rise
This year’s 2024 round of King’s Counsel appointments saw only one solicitor advocate take silk – in line with each of the last two years and down from five in the 2021 round and six in the 2020 round.
Continue reading “A&O Shearman only firm to pick up new KC as silk appointments rise”
Revealed: A&O Shearman partner exits pass 100 mark since merger announcement
More than 100 legacy Allen & Overy (A&O) and Shearman & Sterling partners have left or retired since the merger of the two firms was announced in May 2023, according to Legal Business research.
Continue reading “Revealed: A&O Shearman partner exits pass 100 mark since merger announcement”
‘Every lawyer has a role to play in sustainability’- Clydes’ Wynne Lawrence on ESG legal pathways
Clyde & Co’s Wynne Lawrence, who was recently named as one of Legal 500’s new UK Green Ambassadors, is a founding member of the firm’s climate risk and resilience practice group. In this Q&A, she discusses the genesis of her professional interest in climate change, building a team of ESG rising stars, and how junior lawyers can make a difference Continue reading “‘Every lawyer has a role to play in sustainability’- Clydes’ Wynne Lawrence on ESG legal pathways”
Putting a number on it – how do clients rate Slaughter and May?
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 only. If 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?”
‘A win-win solution’: Paul Hastings advising on investor bid to acquire TikTok’s US operations
Paul Hastings is advising a consortium of investors on an all-cash offer to acquire TikTok’s US operations and assets from its Chinese parent company, ByteDance.
Clydes sets sights on Seattle and Texas growth as US long game continues to pay off
Earlier this month, Clyde & Co launched in Texas, the latest step in a two-decades-long journey into North America which has seen it establish a 19-strong network of offices across the US and Canada.
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.
CMS to cut up to 15 real estate lawyers in London
Up to 15 lawyers in CMS’ London real estate team could lose their jobs as the firm looks to cut costs for a second time in 16 months.
It is understood that no partners will be affected in the redundancy round. Continue reading “CMS to cut up to 15 real estate lawyers in London”
‘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”
Hogan Lovells and Akin announce 2025 partner promotions
Hogan Lovells and Akin became the two latest firms to announce their 2025 partner promotions last week, with 28 and 22 new partners respectively.
Continue reading “Hogan Lovells and Akin announce 2025 partner promotions”
Clifford Chance snaps up Skadden M&A heavyweight Embley
Clifford Chance has hired one of the most well-known M&A partners in the City, Bruce Embley, who previously served as co-head of Freshfields’ global M&A client group before leaving for Skadden in 2020. Continue reading “Clifford Chance snaps up Skadden M&A heavyweight Embley”
‘There’s a lot of money in Chicago’ – the city’s top lawyers on what’s driving business in the Midwest
Following last month’s release of Legal 500’s first US city elite rankings, Legal 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.
‘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.
‘A clear shift toward fewer but larger deals’ – mega-deals fuel growth as partners predict 2025 M&A trends
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.
‘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.’
Revolving doors: Simpson Thacher, Latham, Sidley lead New Year London moves
Revolving into 2025, Simpson Thacher & Bartlett LLP has bolstered its London leveraged finance practice hiring Bryan Robson and William Gwyn from US rival Sidley Austin.
Continue reading “Revolving doors: Simpson Thacher, Latham, Sidley lead New Year London moves”
‘Seize every opportunity’ – Paul Hastings partner Reena Gogna on City law, Suits and poetry
Paul Hastings finance partner Reena Gogna, who joined the firm from Weil in summer 2024, on coming into law, inspiring women in finance and always keeping perspective.
Five partners vie to succeed Hoyland as Simmons managing partner
Simmons & 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”
