Management changes: DLA Piper overhauls board as Ince & Co picks new senior team

A mass reshuffle has taken place of DLA Piper’s executive managment team, with the firm’s Dutch head of corporate Barbara van Hussen and chief of practices and sectors Juan Picon being made joint managing directors of Europe and the Middle East. Meanwhile, Ince & Co has selected Hamburg-based partner Jan Heuvels to succeed James Wilson as international senior partner.

Continue reading “Management changes: DLA Piper overhauls board as Ince & Co picks new senior team”

Revolving Doors: Bakers hires in the UAE, while Eversheds, Bristows, and Stewarts Law grow in the City

London, last week, saw Bristows hire another Bird & Bird partner into its TMT and life sciences practice while Eversheds appointed a new head of its London tax practice and Stewarts Law launched a City tax litigation practice. In the Middle East, Baker & McKenzie Habib Al Mulla hired Simmons & Simmons COO for the region.

Continue reading “Revolving Doors: Bakers hires in the UAE, while Eversheds, Bristows, and Stewarts Law grow in the City”

Selling icons: Bakers and Taylor Wessing lead on Gherkin sale to Safra Group while Magic Circle duo act on Canary Wharf bid

Baker & McKenzie and Taylor Wessing have helped finalise the sale of London’s iconic Gherkin building to the Safra Group for over £700m, while Linklaters and Slaughter and May acted on the unsuccessful preliminary bid for Songbird Estates, the owner of Canary Wharf Group.

Continue reading “Selling icons: Bakers and Taylor Wessing lead on Gherkin sale to Safra Group while Magic Circle duo act on Canary Wharf bid”

The Friday Edit: Glory days for HSF obsessives and Baker Mac to phase out last legacy of franchise pay

Somehow the week has flown by so it’s already time to welcome readers to The Friday Edit, our informal take on the notable legal events that happened since Monday. For subscriber content, click here for full access to Legal Business or email ‘[email protected]’ for more information.

Continue reading “The Friday Edit: Glory days for HSF obsessives and Baker Mac to phase out last legacy of franchise pay”

‘Privilege is now seen as a fundamental human right’: British intelligence agencies face spying on lawyers allegations

The Investigatory Powers Tribunal (IPT) has heard that legal privileged documents between lawyers and their clients may have been targeted by MI5, MI6 and GCHQ, a disclosure which is said to be of ‘grave concern to campaigners and lawyers alike’.

Continue reading “‘Privilege is now seen as a fundamental human right’: British intelligence agencies face spying on lawyers allegations”

Streamlining: Dentons loses second global real estate co-head this year, with Winckworth Sherwood bolstering its team

LB 100 firm Winckworth Sherwood has bolstered its real estate team with the hire of Dentons’ global co-head of real estate Andrew Bedford, a departure which comes just months after Dentons lost fellow global real estate co-head Eric Rosedale to US firm Greenberg Traurig.

Continue reading “Streamlining: Dentons loses second global real estate co-head this year, with Winckworth Sherwood bolstering its team”

Nearshoring: Hogan Lovells hires ten-strong associate team and acquires new office space for Birmingham venture

Having confirmed in early spring the launch of a new cost-efficient legal services centre in Birmingham, Hogan Lovells has hired a ten-strong associate team across multiple practice areas and from national firms, including Pinsent Masons, Clarke Willmott and Shoosmiths, to spearhead the venture as well as acquiring new office space within Birmingham’s central business district.

Continue reading “Nearshoring: Hogan Lovells hires ten-strong associate team and acquires new office space for Birmingham venture”

Join our club – law firms’ obsession with the in crowd is beyond parody

As I reach my middle years I find much to admire and celebrate about the legal profession, and lawyers in general. This column is not going to be about any of that stuff. Instead, we turn to a facet of the typical lawyer’s character that does them no credit: the obsession with joining a crowd, or rather a club that the lawyer believes says something ego-stroking about them.

Whatever you call a law firm, however factually you try to describe it, that firm will want a different, self-authored tag and often one that stretches credibility. One firm’s comms team has stalked me for years demanding I call a practice that generates less than 15% of its revenue outside the UK, and a good deal of its income from the UK regions, ‘global’. Golden Circle, Silver Circle – when I heard these terms years ago, I figured there was no way they’d catch on. Magic Circle sounds bad enough as it is, but it became currency because it defined a basic truth: as bluechip advisers, five London law firms were in a league of their own by the end of the 1990s. They still are.

Continue reading “Join our club – law firms’ obsession with the in crowd is beyond parody”

The cost of culture – HSF finds mega-mergers always come at a price

This month’s cover feature on Herbert Smith Freehills (HSF) looks in hindsight like an informal trilogy on storied London firms agreeing high-stakes mergers, following earlier pieces on Hogan Lovells and Ashurst.

Taken together, patterns and contrasts emerge. The legacy Herbert Smith, Lovells and Ashurst were all wrestling with similar cultural and strategic issues ahead of their unions as they struggled to compete against larger and more driven rivals.

Continue reading “The cost of culture – HSF finds mega-mergers always come at a price”

Magic Circle real estate withdrawal isn’t a myth, but it’s not that simple

In a 2011 piece on the decimated real estate market in the City, we noted that few senior property partners were in their mid-40s, due to the fact that law firms largely ceased hiring junior real estate lawyers following the early ’90s crash. It looks like history will repeat itself in roughly 15 years’ time: post-credit crunch, the most established real estate practices went into hibernation. Some started to disintegrate. Either way, if you were a trainee interested in real estate around 2010, pickings were slim.

But, as we report in ‘Back in the game’ on pages 48-54, real estate is back with a vengeance and some partners would have you believe it never really went away. The most popular line of argument is that there is a wealth of opportunity out there for City and national firms because the Magic Circle has been progressively retrenching in property for years.

Continue reading “Magic Circle real estate withdrawal isn’t a myth, but it’s not that simple”