US firms

City heavyweights Freshfields Bruckhaus Deringer and Slaughter and May have been met by Wall Street rivals Cleary Gottlieb Steen &…

‘Greater than the sum of its parts’: Hunton & Williams and Andrews Kurth agree merger

US players Hunton & Williams and Andrews Kurth Kenyon have given the green light to a merger that will create…

Cadwalader takes multiple hits in London as Milbank and Brown Rudnick swoop in

It has been an expansive start of the year in terms of partner hires for a group of finance-focused US…

Slashing to victory – the most dangerous myth

Alex Novarese

‘Turnover for vanity, profit for sanity.’ How many times have you heard that phrase or variations of the theme espoused…

Both sides now: Milbank sees UK revenue jump 9% as Jones Day loses another two City partners

Contrasting fortunes summarises the position of two key US players in the London market these days, with an expansive Milbank,…

Gibson Dunn finance veteran Gillespie departs for investment business as GC

City finance veteran Stephen Gillespie has left Gibson Dunn & Crutcher after three years to join international investment business Letterone…

Irresistible forces – Within weeks of $10m Freshfields hire, Kirkland targets Cravath for M&A playmaker

Kirkland & Ellis continues to make waves on both sides of the Atlantic as the Chicago-bred juggernaut this week announced the…

‘Dynamic and entrepreneurial’ – Latham taps Hogan Lovells for disputes partner duo

The march of US advisers into the City’s disputes scene continues with Latham & Watkins today (16 January) announcing the hire…

Double City disputes hire for Bracewell as energy specialist responds to client demand

US energy firm Bracewell has hired a brace of arbitration partners to lead the launch of its London disputes practice.…

US bonuses: Magic Circle follows Wall Street standard with bonus freeze as associate reward season comes round again

Mark McAteer

Allen & Overy and Clifford Chance have kept top-level US associate bonuses static at $100,000 for the fourth consecutive year,…

SDT hands Locke Lord record £500,000 fine for ‘dubious financial arrangements’ of former lawyer

The Solicitors Disciplinary Tribunal (SDT) has handed Locke Lord its largest ever financial penalty imposed on a law firm, fining…

Promotion time: Latham keeps City round at two as new partners focused on Big Apple

Latham & Watkins may have been aggressively sweeping up City talent from rivals but the US-based giant is remaining conservative on…

The Departed

Why would a partner quit an elite London law firm with decades of history, Rolls-Royce support and a superb client…

NYLon focus continues as Kirkland and White & Case announce promotion rounds

Elite US firms ramped up their London partner headcounts in October, with Kirkland & Ellis making up a record 97…

Back in the USA: BLP looks stateside again as merger talks with Bryan Cave confirmed

Nineteen months to the day since its last attempt to forge a transatlantic union with Greenberg Traurig was abandoned, Berwin…

A grinding year for the Global 100 as US leaders assert dominance

Legal Business

Casting an eye over the results for the world’s 100 largest law firms, 2016/17 has been the definition of grinding…

The Global 100: The Zone – The US elite turns up the pressure

Madeleine Farman

The gap between top US firms and the middle-tier masses continues to widen as pressure to secure top-decile talent intensifies.…

S&C and Wachtell lead on Amazon’s $13.7bn Whole Foods buyout