Allen & Overy (A&O) has broken lockstep again for a New York finance team hired last week, about six months after it used its rejigged remuneration system to bring in a four partner leveraged finance team. Continue reading “‘We can compete’: A&O breaks lockstep again for new Manhattan finance team”
The Crown Estate has awarded the legal mandate for its energy, minerals and infrastructure portfolio to LB 100 firms Hogan Lovells and Bond Dickinson. Continue reading “Hogan Lovells ousts NRF to join Bond Dickinson on Crown Estate energy portfolio”
Latham & Watkins announced today (27 February) that capital markets partner Richard Trobman has won a contested election to become one of two vice-chairs of the firm, to succeed New York-based David Gordon who has been vice chair since 2011. Continue reading “More leadership in London: Latham elects Trobman as vice-chair”
Goodwin Procter has returned to Freshfields Bruckhaus Deringer‘s New York offering for the second time this year, taking on financial litigation partner Gabrielle Gould. Continue reading “Goodwin returns to Freshfields for New York litigation hires”
After years of lacklustre growth, Hogan Lovells has seen a boost in global turnover of 6% up to $1.93bn for 2016. At like-for-like rates the firm said results were up around 8%, while in sterling the firm experienced an almost 20% boon due to the falling pound. Continue reading “‘Plenty of challenge’: Hogan Lovells earns 6% revenue uptick to hit $1.9bn as partner profits stall”
After considerable speculation over the fate of international partners post-merger, CMS Cameron McKenna has confirmed a number of lawyers in the European offices of Olswang and Nabarro will be joining its network on 1 May, while the fate of Olswang’s remaining lawyers in Paris remains uncertain.
Reed Smith‘s global revenues fell for the second consecutive year in 2016, by 4% to $1.08bn from $1.12bn, which the firm said was the result of managing down headcount by 81 lawyers over the year. Continue reading “Reed Smith posts second year of declining revenue as firm manages down headcount”
Allen & Overy (A&O) has continued its US push picking up a three partner finance and securities team from Paul Hastings. The team brings A&O’s US lateral hire count to six since the start of the year. Continue reading “A&O continues US spree with three finance partners from Paul Hastings”
Latham & Watkins is the latest US firm to boost its revenue, announcing 7% growth and breaking the $3m mark for profit per equity partner (PEP) for the first time. Continue reading “‘All cylinders running’: Latham breaks the $3m PEP mark and adds $1bn to its post-crisis top line”
The NHS Litigation Authority (NHSLA) is reviewing its panel of law firm advisers with a total legal spend of £544m. The health body last had a legal spend of around £400m when it unveiled its last panel in 2013. Continue reading “More for less: NHS ups legal spend but offers fewer spots in latest panel review”
The ever expanding Quinn Emanuel Urquhart & Sullivan saw a 21% spike in its London revenue for 2016 reaching £44.8m while London net profit sat at £32.8m. Continue reading “Quinn continues growth as disputes powerhouse posts 20% turnover jump in London”
In its second major US merger in four years, Norton Rose Fulbright (NRF) has secured strength for its New York practice through a deal with 400-lawyer Chadbourne & Parke. Continue reading “East side story: NRF adds Manhattan capability with projects-driven Chadbourne tie-up”
The Legal Services Board (LSB) has commenced a probe into the Solicitors Regulation Authority (SRA) regarding its independence from the Law Society. Continue reading “Law Society under pressure as LSB launches probe into independence from SRA”
Burges Salmon has appointed employment partner Chris Seaton as senior partner, taking over the role from Alan Barr, who has served as senior partner of the firm for the last six years. Continue reading “Regional leader Burges Salmon appoints new senior partner as Barr steps down after six years”
Hogan Lovells has opted against moving its London headquarters, preferring to stay in its long-term home of Atlantic House instead. However, the firm is persisting in its search for new space for its offices at 21 Holborn Viaduct and Meridian House. Continue reading “Staying put: Hogan Lovells halts London office HQ search”
Berwin Leighton Paisner (BLP) has revealed the weakest trainee retention rates for spring so far, with the firm holding on to just 55% of its trainee cohort. Only 11 out of 20 trainees are to join BLP as newly-qualified (NQ) lawyers, after 70% were kept on in spring 2016, 61% in 2015 and 89% in 2014. Continue reading “Trainee retention: BLP keeps on 55% as Clifford Chance’s rate also slips”
Fieldfisher has continued its expansive start to 2017 by opening a five-partner office in Amsterdam. The new office, which will focus on corporate and finance, will open on 1 May.
Two-and- a-half years after joining US dispute specialist Boies, Schiller & Flexner’s nascent City practice, experienced arbitration specialist Wendy Miles QC will move to rival US firm Debevoise & Plimpton from the beginning of March.
In yet another significant Texan transfer, Baker Botts has expanded its Houston offering bringing in a nine partner team from Norton Rose Fulbright (NRF). Continue reading “Texan draw: Baker Botts latest to make major play with nine partner NRF hire”
In a busy week for London appointments, Haynes and Boone, Simmons & Simmons and Jenner & Block have all made hires. Continue reading “Revolving doors: Cleary loses partner to Simmons as Jenner & Block adds from White & Case”
