After setting the pace during last year’s global reporting season, raising revenue by 14% to $2.61bn to become the largest law firm in the world by turnover, growth at Latham & Watkins slowed in 2015 as the collapse in capital markets activity hits elite US firms.
Continue reading “Latham’s global march slowed as capital markets slump hits US elite”
Spirits maker Pernod Ricard has appointed a mix of firms, including a handful of Scottish indies, to its refreshed UK panel.
Continue reading “Scots firms in the mix as Pernod Ricard refreshes UK legal panel”
In the largest New Law merger to date, the UK’s biggest freelance lawyer service Lawyers On Demand (LOD) has sealed a deal with Australia’s AdventBalance to create a £25m business.
Nearly 16 years since talks first began, the London Stock Exchange (LSE) and German rival Deutsche Börse are engaged in merger discussions again, and Magic Circle duo Freshfields Bruckhaus Deringer and Linklaters have won roles advising on the potential combination.
After making significant investment into its European private equity practice to transform it into one of the region’s biggest private equity players, US firm Latham & Watkins has set its sights on Asia with a triple hire and two relocations.
As we await David Cameron’s sovereignty plan this week, it might help to explain what we mean by ‘Parliamentary sovereignty’.
Accountancy giant KPMG has triumphed at London’s High Court today (24 February) after an unprecedented judicial review taken by Holmcroft Properties was dismissed.
Continue reading “KPMG defeats judicial review challenge in Barclays swap case”
Much has been written recently about the need for law firms to integrate laterals more effectively. One need only search ‘law firm lateral integration’ to find resources providing tips for more successful integration, often accompanied by the cautionary tales of serial laterals and disastrous failed integrations.
Continue reading “Guest post: How law firms benefit when laterals don’t fit in”
Within a year of reviewing its Asia strategy, Latham & Watkins is set to join the mass of law firms in South Korea, as it prepares to launch its Seoul office.
Continue reading “Latham prepares sixth Asia office as it signs property lease for Seoul”
Debevoise & Plimpton ended a period of slow growth by posting a 6% rise in revenue to $756.9m as profits surged by 10%.
Continue reading “Revenues up 6% at Debevoise as London breaks $100m barrier”
As the combination between Wragge Lawrence Graham and Gowling Lafleur Henderson to create a £400m practice has gone live today (22 February) the firm already wants to deliver a new tie-up by 2018, and is targeting Germany and east Asia.
Continue reading “Germany and east Asia next targets as Gowling WLG merger made official”
US firm Mayer Brown has made a number of lateral hires this week as Pinsent Masons, Cooley and Jones Day also made notable appointments.
Dentons continues to build its City offering through lateral recruitment, confirming the hire of Clifford Chance (CC) senior capital markets partner Peter Voisey (pictured) in a bid to capture greater market share.
Continue reading “Magic Circle play: Dentons hires Clifford Chance veteran Voisey”
Baker & McKenzie and Freshfields Bruckhaus Deringer have picked up roles as US company Sysco Corp moves to buy London food distributor Brakes Group from Bain Capital.
After months of speculation regarding which senior Conservative figures will campaign for the UK to leave the EU, the current justice secretary Michael Gove and his predecessor Chris Grayling have emerged as two of the most prominent figures in the out camp. The split in the ranks of the governing Conservative Party over whether the UK should leave the EU is producing strange bedfellows, as questions loom large for the country’s legal framework should ‘Brexit’ occur.
Continue reading “Uneasy alliance formed as Gove and Grayling have meeting of minds over Brexit”
Following BT’s high-profile £12.5bn takeover of UK mobile business EE, it has emerged the companies’ plan to consolidate external legal panels, while EE’s general counsel James Blendis (pictured) has been appointed to BT’s legal leadership team.
Continue reading “Better connected: EE legal head reveals plans in wake of telco merger”
King & Wood Mallesons (KWM) global revenue dropped 1% to $1.02bn in 2015 as the Hong Kong-headquartered firm unveiled a new global strategy to see it through to 2020.
As City firm Berwin Leighton Paisner (BLP) closes in on its landmark transatlantic merger with Miami giant Greenberg Traurig, the firms have targeted full financial integration.
City lawyers at US firms Cleary Gottlieb Steen & Hamilton and Quinn Emanuel Urquhart & Sullivan are to face off after Russia filed a claim against Ukraine at London’s newly created financial court over its default of $3bn in bonds.
FTSE 100 company Land Securities has kicked off a panel review of its external legal roster now that the current three-year term has come to an end.
Continue reading “Land Securities to launch panel review following de Souza departure”
