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”
In what would have been the second largest M&A deal in history, Unilever has rejected a $143bn takeover approach from Kraft Heinz as Paul, Weiss, Rifkind, Wharton & Garrison and Linklaters take opposite sides. Continue reading “Paul Weiss, Linklaters and Freshfields alumni lock horns as Kraft Heinz drops $143bn deal for Unilever”
An FRP Advisory report on the administration of Triton Global has revealed that DWF purchased the claims management firm for 30% of its value when it bought the firm for £1.1m. It also took on pension arrears of £345,000. Continue reading “A good deal: DWF picked up claims firm Triton Global for 30% of its value, report reveals”
Milbank, Tweed, Hadley & McCloy has become the latest firm to announce its London revenues, which rose by nearly $4m to $114.1m in 2016, 4% up on the $110.2m achieved in 2015. Growth in the City has been slower this year for the US firm, which posted a 6% rise last year. Continue reading “London growth slows at Milbank despite 11% global turnover bump”
Watson Farley & Williams (WFW) has elected shipping finance partner Nigel Thomas as the firm’s new chairman, taking over from long-serving partner Frank Dunne. Continue reading “WFW fills chair gap with finance partner as Dunne continues New York push”
Slaughter and May announced today (17 February) that it has hired Herbert Smith Freehills‘ head of pensions Dan Schaffer, in the second ever lateral hire in the firm’s history. Continue reading “Slaughters makes surprise pensions play with first ever London lateral hire”
Eversheds Sutherland, fresh from completing a transatlantic tie-up, has finally gained Singapore Ministry of Law approval for its merger with Harry Elias Partnership. Continue reading “Adding in Asia: Eversheds Sutherland gets Ministry of Law approval for Singapore merger”
British investment firm Chrysaor Holdings has appointed BG’s chief counsel for corporate and former Legal Business GC Powerlist rising star Howard Landes as general counsel (GC). Continue reading “Chrysaor Holdings appoints ex-BG lawyer Landes as general counsel”
