As we seemingly head from one global crisis to another, the pressure being shouldered by business leaders is relentless. We’re operating in a period where economic uncertainty and the geopolitical environment has left markets unsettled, inflation and interest rates are rising, and where multimedia platforms mean that the scrutiny upon us is not limited to the Board and shareholders. It can come from anyone: our people, our customers, our supply chains, political leaders and parliamentary committees, pressure groups and the world at large. It is a challenging time to lead a business. Continue reading “Lead sponsor message: Pinsent Masons”
Sponsor message: KPMG Law
Vision, purpose, focus. From my experience in heading up a law business, these are essential ingredients for high performance organisations; essential ingredients for high performance teams; and essential ingredients for high performance individuals. Continue reading “Sponsor message: KPMG Law”
Sponsor message: Laurence Simons
Laurence Simons is a global legal, compliance and privacy search business leading the way for over 30 years. We are thrilled to be co-sponsoring the GC Powerlist: United Kingdom Teams 2022 alongside Pinsent Masons and KPMG Law, and sponsoring The General Counsel of the Year at the Legal Business Awards. Continue reading “Sponsor message: Laurence Simons”
Editor’s note
Heading up the GC Powerlist team at The Legal 500 for the past year has been a pleasure and a privilege, and, as it is the jewel-in-the-crown and home edition of our esteemed publication, it is my extreme honour to be able to introduce this latest instalment of the UK Powerlist, the GC Powerlist: UK Teams 2022. Continue reading “Editor’s note”
GC Powerlist UK 2022: Inclusions list
Please see below for a link to an online pdf of GC Powerlist United Kingdom Teams 2022:
GC Powerlist United Kingdom Teams 2022 complete pdf link
abrdn
Accenture
Adobe
AIG
Amazon
American Express
Anglo American
Aon
ASOS
Associated British Foods Global
AstraZeneca
Aviva
Balfour Beatty
BAML
Bank of England
Barclays
BBC
Bestway Retail
bp Trading and Shipping Legal
British Airways
British American Tobacco
British Land
Britvic
BT
Bupa
Capita
CBRE Group
Citi
Coca-Cola Europacific Partners
Compass Group
Currys
Daily Mail
Deliveroo
Deutsche Post DHL
Diageo
Dyson
easyJet
EDF
EG Group
E.ON UK
FSCS Legal and Recoveries Team
Fujitsu UK
Funding Circle
Gavi, the Vaccine Alliance
GSK
Haleon
HarperCollins
Harrods Group
Heathrow Airport
Hexcel
HSBC
Informa
Insight Investments
John Lewis
Kingfisher
Laing O’Rourke
Legal & General
Lloyds Banking Group
Lombard International Group
London Stock Exchange Group
Lush
MADE.COM
Marks and Spencer
Marsh McLennan
Meta
Micro Focus International
Miniclip
National Grid
Nationwide Building Society
NatWest Group
Nestlé Group
Network Rail
News UK
Paysafe
PwC
Reckitt
Rio Tinto
Rolls-Royce
Royal Mail
RSA Insurance Group
Serco
Shell International Upstream Legal
Siemens
Sky
Smiths Group
SSE
Standard Chartered
Tesco
The Carlyle Group
The Crown Estate
The Financial Times
The Phoenix Group
Trainline
UBS
Unilever
Via Transportation
Virgin Atlantic
Virgin Media O2
Visa
Vodafone
Wise
WPP
To view the full profiles for our nominated teams, please visit:
GC Powerlist United Kingdom 2022
Tech sector 100% growth leads to double-digit revenue boost at Burges Salmon
Burges Salmon had its core sector groups to thank as it today (27 September) unveiled a robust 10% uptick in turnover from £108.7m to £119.2m.
It marks a significant speeding of growth, after last year revenues grew by 4% from £104.9m to £108.7m.
Continue reading “Tech sector 100% growth leads to double-digit revenue boost at Burges Salmon”
‘A responsibility I take very seriously’: London litigator Dunne elected to new-look Ashurst board
Lynn Dunne, disputes partner and co-head of Ashurst’s London office, has been elected to the firm’s board for a three-year term.
Dunne, a new addition to the now ten-person board, was voted in alongside London real estate partner David Jones, who was re-elected to the body having been originally nominated in 2019.
Revolving doors: Kirkland adds A&O infrastructure head as LB100 players make major moves
It’s been another hectic period on the lateral hiring front, as global juggernauts and national firms made significant moves in the infrastructure, M&A, financial services and disputes spaces.
The week’s biggest move came at Kirkland & Ellis, which recruited Allen & Overy’s global co-head of infrastructure Sara Pickersgill. Ranked in The Legal 500’s hall of fame, Pickersgill has a longstanding reputation as a market leader in infrastructure, energy and renewables corporate transactions. Continue reading “Revolving doors: Kirkland adds A&O infrastructure head as LB100 players make major moves”
Sponsored briefing: Sustainable finance instruments: green bonds
Over the last decade, considering global warming and climate change issues, one of the most significant financial innovations in the sustainable finance area has been the development of green bonds. The demand for green bonds, to a large extent, is attributable to the growing prominence of climate issues. As public and private institutions around the world are necessarily more attentive in terms of adoption of sustainable and socially responsible policies, the investors and shareholders are now more aware of the risks of climate change. Likewise, corporates are considering alternatives to create economic value while also contributing to safeguard of the future. Therefore, although sustainable financing methods were already on the rise prior to the pandemic, they are now even more significant instruments for raising funds for green and sustainable recovery projects.
European Investment Bank (EIB) and the World Bank pioneered the first green bonds, with EIB issuing its Climate Awareness Bond in 2007, as a structured bond with proceeds dedicated to renewable energy and energy efficiency projects and the World Bank issuing its first green bond in 2008 to raise funds from fixed-income investors to support lending for eligible climate-focused projects. Since then, the market for green bonds has grown considerably. According to a report by Climate Bonds Initiative, annual green bond issuance topped half a trillion in 2021 for the first time, which represented a 75% increase on prior year volumes. Recently, green bonds have been issued by issuers in more than 50 countries and the United States of America has the largest source of green bonds. Continue reading “Sponsored briefing: Sustainable finance instruments: green bonds”
In-house news: Sullivan closes the book as Waterstones GC
Waterstones general counsel Elisabeth Sullivan has left her position after less than a year, today (22 September) announcing she has taken the inaugural GC role at Efficio Consulting.
Efficio Consulting is a global management consultancy with offices across Europe, America and the Middle East. In a LinkedIn post today, Sullivan said she would assume her new position next week, and quipped: ‘So long, Waterstones: thanks for all the books!’ Continue reading “In-house news: Sullivan closes the book as Waterstones GC”
‘A significant loss’: Litigation leaders convene as Google fails in critical €4.1bn antitrust appeal
Google’s parent company, Alphabet, suffered a serious setback this week as the European Union General Court upheld a European Commission antitrust ruling against the company worth €4.125bn.
The case centred on whether Google has used its Android operating system to effectively bar competition. According to the original decision, in 2018 the Android operating system was installed on 80% of all mobile devices in Europe. It stated that Google required developers of mobile devices to pre-install its search engine and browser (Chrome) apps as a pre-condition of receiving a license to use its app store, Play.
‘Business as usual’: Keystone’s revenue up but profits fall as Covid cost-savings end
Keystone Law has announced its financial results for the first half of 22/23, which show a solid 9% increase on the same period last year as the top line reached £36.8m.
Cash generated from operations was also up to £4.9m, a 17% increase. Collectively the results enabled Keystone to pay an interim dividend of 5.2p per share in line with its listed status.
Revolving doors: More movement at Mishcon while Latham hires magic circle M&A star
Recruitment continued at pace in London and on the continent this week, with laterals spread across finance, tech and disputes. Among the high-profile moves, Latham & Watkins lured a Legal 500-ranked hall of fame corporate partner from Linklaters in Madrid while Wiggin and Hogan Lovells targeted tech.
Hogan Lovells hired finance and fintech partner Bryony Widdup from DLA Piper. Her broad practice includes advising on transaction structuring in finance for funds, broader lending platforms (including blockchain-based offerings) and digital assets. Continue reading “Revolving doors: More movement at Mishcon while Latham hires magic circle M&A star”
Deal Watch: activity powers on as Latham and A&O lead on $19bn energy joint venture
Despite the inevitable slowdown in the spring following Russia’s invasion of Ukraine, deal activity rebounded over the summer with an unusually busy August. Latham & Watkins, Kirkland & Ellis and the magic circle were among the firms taking the lead on billion-pound private equity, energy and tech deals.
Latham advised EIG on its $4.8bn acquisition of a 25% stake in Repsol Upstream, a newly formed global exploration and production company comprising the entire global upstream oil and gas business of Spanish energy company Repsol. Continue reading “Deal Watch: activity powers on as Latham and A&O lead on $19bn energy joint venture”
Revolving Doors: Akin Gump recruits project finance pair amid busy week for City players
After the summer lull, the City lateral hiring scene has come roaring back with a flood of arrivals across a number of practice areas including banking and finance, insurance, disputes and restructuring.
Akin Gump has recruited former Norton Rose Fulbright partners Matthew Hardwick and Daniel Giemajner as project finance partners in its London office. Focusing on energy and infrastructure projects, their expertise spans renewable power, mining, gigafactories, battery and energy storage, electric vehicles, carbon capture and clean hydrogen. Continue reading “Revolving Doors: Akin Gump recruits project finance pair amid busy week for City players”
Slower growth at Signature Litigation but staff see increased profit share
Disputes-only outfit Signature Litigation has marked its tenth year since inception with a marginal rise in revenues, inching upwards 1.5% from £27.4m to £27.8m.
Staff had cause for cheer, however, as they were paid an increased annual profit share of 18.7% in line with Signature’s co-operative model. Last year, when revenues grew by 22%, the profit share payout amounted to 17.6%. Continue reading “Slower growth at Signature Litigation but staff see increased profit share”
‘Dynamic and different’: King & Spalding zeroes in on Europe with three more partner hires
King & Spalding has significantly bolstered its European presence, bringing in a further three partners to its transactional group in the last week, as the firm seeks to develop its offering across the continent.
Corporate and private equity partner Peter Memminger joining the Frankfurt office on Thursday (1 September). Previously a partner at Milbank, Memminger joined from his own boutique firm, Bub Memminger & Partner, alongside a four other lawyers. He is experienced in distressed M&A, restructuring, insolvency and disputes in addition to corporate work. Continue reading “‘Dynamic and different’: King & Spalding zeroes in on Europe with three more partner hires”
Significant matters – Summer 2022
Nokia collaborates to drive D&I among law firms
Nokia and the Minority Corporate Counsel Association (MCCA) have launched a global law firm survey that will allow firms to assess and advance efforts that promote equity, inclusion and diversity. Continue reading “Significant matters – Summer 2022”
The In-House Lawyer needs you – let us know what you really want
In early August, many of you will have received an email from IHL, with any luck while you were keeping on top of your work emails from the luxury of a sun lounger, rather than during an ill-fated roundtrip to the airport departure lounge. Continue reading “The In-House Lawyer needs you – let us know what you really want”
In-house legal reimagined
The jewel in the crown of The Legal 500’s in-house focused events calendar, Enterprise GC, took place on 25 and 26 April at Syon House in West London. It saw elite UK general counsel and heads of legal come together to learn and engage with each other in a professional but light-hearted environment. Continue reading “In-house legal reimagined”
