Sir Nigel Knowles (pictured) will retire from DLA Piper at the end of June after nearly four decades at the firm, the vast majority of which he spent spearheading a rapid globalisation of the firm into one of the world’s largest.
Continue reading “DLA Piper’s Knowles to retire after 38 years at the firm”
Osborne Clarke and Mayer Brown have posted perfect spring retention figures this year, while White & Case’s rate dropped to 87%.
Hitachi Rail Europe has confirmed the hire of WSP Parsons Brinckerhoff’s director of legal Jane Mee as the transport firm develops its legal team.
US firm White & Case has reported flat revenues for 2015, ticking up 1%, while the firm improved partnership and fee earner headcounts.
Continue reading “US financials: White & Case in growth mode while revenues up 1%”
It is not a massive exaggeration to say that the Law Society will be fighting for its existence in the months to come. The government’s intention to make the Solicitors Regulation Authority (SRA) entirely independent from the society will inevitably raise the question of whether what will then be purely a representative body should still be able to take a slice of the fees that solicitors pay for regulation.
Continue reading “Guest post: Legal lobby turf wars – what is the Law Society doing for you?”
Nearly six years on from its transatlantic union Hogan Lovells continues to post modest financial growth as its results today (16 February) showed revenue for the calendar year increased by 2.3% to $1.82bn in 2015 from $1.779bn in 2014 while profit per equity partner (PEP) increased by 2.7% to $1.250m from $1.217m.
Merger talks between Addleshaw Goddard and Maclay Murray & Spens to create a national practice with combined revenues of around £230m have been called off.
Continue reading “End of the affair: Addleshaws Scottish takeover called off”
In almost every field of legal work, privacy is regarded as a primary and legitimate concern to protect the interests of individuals and organisations.
In a busy week for City hires, Nabarro and Orrick, Herrington & Sutcliffe have added to their ranks, while accounting firms EY and PwC have added to their legal arms with partner appointments.
City firm Simmons & Simmons has created a general counsel (GC) post, filled by UK employment chief Simon Watson, to handle the firm’s regulatory obligations, partner relations and litigation.
The past week has seen changes for several UK-headquartered firms in Asia with Olswang appointing a new Asia managing partner and Bird & Bird making two lateral partner hires, as corporate partner Neil Hyman retires from Slaughter and May‘s Hong Kong office.
Dentons has made a corporate play in the City with the hire of Stephen Levy, who departs Pinsent Masons after almost a decade at the national firm.
Continue reading “City corporate push: Dentons makes M&A play with Pinsent Masons partner Levy”
This is the third in a series of pieces exploring what the Labour Centre might offer to the electorate. The first, sketching out some of the broader ideas, can be seen here. The second, which advances some specific policies to reshape the labour market to support self-employment and improve competition, can be seen here.
Continue reading “Guest post: The great tax debate – towards business accountability”
US firm Vinson & Elkins has hired Freshfields Bruckhaus Deringer finance partner Ian Frost and Cadwalader, Wickersham & Taft deal doer Paul Dunbar in an attempt to cash in on the burgeoning City private equity market.
After a steady decline of its partnership, US firm Dickstein Shapiro has dissolved and ceased from practicing law after 65 years, with most of its lawyers moving to Blank Rome.
Classicists holding to the maxim ‘first, do no harm’ will be looking in dismay at the debate on the UK leaving the EU. Because – perhaps less than six months ahead of the historic vote over the UK quitting the EU – it is still entirely unclear what the public will be voting for as the exit option.
Continue reading “Comment: What did Brussels ever do for us? The lawyerly view on Brexit”
Allen & Overy (A&O) has advised as Japanese beer giant Asahi has made a bid to acquire SABMiller’s well-known European beer brands including Peroni and Grolsch as the European beer giant moves to complete its mega-merger with Anheuser-Busch InBev (AB InBev).
Cooley‘s financials for 2015 show revenue has risen 14% to $912m, while profit per equity partner increased by 9% to $1.9m, off the back of the firm’s London office launch in January last year.
Continue reading “US financials: London launch sees firmwide Cooley revenues rise 14%”
Skadden, Arps, Slate, Meagher & Flom has confirmed it is closing its Sydney office – the US firm’s only base in Australia. The six-staff office will shut down in the first half of this year with all staff understood to be departing from the firm aside from co-head of Skadden Arps corporate finance group Adrian Deitz who will remain based in Sydney and operate as part of the firm’s Singapore and Hong Kong team.
Continue reading “Aussie exodus: Skadden closes sole office in Sydney”
US firm Mayer Brown has hired Reed Smith’s Europe and Middle East head of private equity Perry Yam (pictured) to lead growth in the City private equity market.
