The two-year rebound at New York-headquartered Shearman & Sterling came to an abrupt end last year as profits per equity partner (PEP) sunk back below what partners achieved in 2007, outpaced by West Coast rival Gibson, Dunn & Crutcher which put in another strong performance as it continues its run as one of the country’s fastest growing firms.
DLA Piper media partner West to go to SDT over sexist email exchange with Premier League boss
About 18 months after sexist email exchanges between DLA Piper partner Nick West and a client were leaked, the Solicitors Disciplinary Tribunal (SDT) has confirmed that there is a case to answer, meaning West now faces a hearing in the SDT.
Addleshaws confirms two candidates for senior partner post
Addleshaw Goddard has confirmed two candidates for its upcoming senior partner election to replace senior partner Monica Burch.
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Strong turnover growth in the City as Greenberg Traurig posts 4% revenue rise ahead of potential BLP merger
Revenue at Berwin Leighton Paisner’s US suitor – Greenberg Traurig – rose 4% to $1.32bn last year as merger talks edge closer.
Filling the void: DLA Piper makes key investment funds hire with senior Nabarro appointment
DLA Piper has appointed Nabarro’s head of alternative investment funds, Andrew Wylie (pictured), to lead growth in its City investment funds practice.
Exit strategy: Kirkland & Ellis doubles notice period for equity partners
US firm Kirkland & Ellis has doubled the notice period for all of its global equity partners from 60 days to 120, while introducing a 30-day notice period for all non-equity partners.
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Slaughters elects new M&A head to replace incoming senior partner Cooke
Slaughter and May has chosen Roland Turnill (pictured) as head of the firm’s M&A practice, replacing new senior partner Steve Cooke.
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‘A dangerous sleight of hand’: Concerns changes to Snooper’s Charter still a risk to legal privilege
After a new draft was released yesterday (1 March), there are growing concerns from the legal profession that the Investigatory Powers Bill will still fail to protect legal privilege, encroaching on lawyers’ ability to speak confidentially with clients. Both the Law Society and the Bar Council are urging the government to take their time with the legislation.
Guest post: Why the SRA’s education reforms inhibit innovation
This response to the Solicitors Regulation Authority’s (SRA) Consultation on training tomorrow’s solicitors is a personal one. I am afraid this will not make a great deal of sense to those of you not familiar with the proposals, my apologies in advance.
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Pinsents makes senior political hire in a bid to boost international awareness
Former secretary of state for international development Douglas Alexander (pictured) is joining national firm Pinsent Masons as an adviser to develop the firm’s business ethics and compliance capability.
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A record year: Paul Hastings posts 6% revenue rise as PEP reaches $2.5m
Paul Hastings has bucked the slowdown in the US legal market by posting record profits, with profits per partner crossing the $2.5m barrier.
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Guest post: Slater and Gordon’s woes have nothing to do with being an ABS
It is somewhat appropriate that Slater and Gordon (S&G) sponsors England cricket captain Alastair Cook (pictured), no stranger himself to sudden collapses.
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Dentons wins bid to get £30m RBS Libor dispute moved onto financial list
Lawyers at Dentons, acting for the Royal Bank of Scotland (RBS), have successfully moved the £29m Property Alliance Group (PAG) Libor dispute into London’s newly-created financial court.
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Our great leader: unraveling the process of choosing the right candidate for the top job
‘Some are born great, some achieve greatness and some have greatness thrust upon them’, muses Malvolio, a steward in Shakespeare’s Twelfth Night and the victim of a cruel prank whereby he believes he might be elevated to his mistress’s side as consort. Continue reading “Our great leader: unraveling the process of choosing the right candidate for the top job”
Opening up to new partnerships
Collaboration in Big Pharma might seem like anathema for some who think of the regular patent litigation headlines that the industry produces. However, the sector is seeing an increasing number of peer-to-peer collaborations, and researchers at the Novartis Institutes for BioMedical Research (NIBR) have championed open research collaborations between entities. Continue reading “Opening up to new partnerships”
GC Roundtable: Mapping the future GC, Houston
We started our discussion, which was held in association with recruiters Mlegal, by considering the big picture – how the roles of the general counsel and the legal team have changed, and what are the most compelling pressures currently. Continue reading “GC Roundtable: Mapping the future GC, Houston”
Let’s talk business: part one
Tim Murphy has worked for MasterCard for 16 years. Starting out as an in-house lawyer, he then spent over ten years in non-legal business roles, serving as president of the US region and chief product officer. In 2014, he stepped back into legal to assume the mantle of general counsel. In the first of a two-part interview, GC catches up with him to hear how working in the business has shaped his vision as GC. Continue reading “Let’s talk business: part one”
The promised land? Big data and the in-house lawyer
‘Big data’ is becoming a buzzword in all walks of business life, and legal is no exception – whether that involves supporting your business in its forays into big data or using big data to inform processes in the legal department itself. Continue reading “The promised land? Big data and the in-house lawyer”
GC Powerlist: Turkey
The explosive economic growth of Turkey’s economy, which started in 2001 and peaked between 2002 and 2007 with the establishment of the incumbent Justice and Development Party (AKP) government, was dubbed by many as the ‘Turkish economic miracle’, as the country emerged from decades of IMF bailouts and political instability. Continue reading “GC Powerlist: Turkey”
Playing to your strengths: building diversity of thought into business
Korin Neff, senior vice president and corporate compliance officer, talks about leadership and development at Wyndham Worldwide. Continue reading “Playing to your strengths: building diversity of thought into business”