allen & overy

Allen & Overy posts sixth year of growth with 4 per cent revenue increase to £1.28bn in 2014/15

2-Jul-2015 0:05 am | By Natasha Bernal

Allen & Overy (A&O) has achieved a sixth consecutive year of growth in 2014/15, increasing its global turnover by 4 per cent from £1.23bn to £1.28bn, while average profit per equity partner (PEP) grew by 8 per cent to £1.21m.

Lloyds Banks index

Lloyds Bank hires Barclays corporate banking GC as part of Linklaters' Davies' new team

2-Jul-2015 0:04 am | By Tabby Kinder

Lloyds Bank has hired ex-Barclays head of legal for corporate banking Joanna Carver as general counsel for commercial banking.

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Skadden reigns again in worldwide M&A deal rankings after losing out to Weil last year

2-Jul-2015 0:03 am | By Rachel Moloney

Skadden Arps Slate Meagher & Flom has topped worldwide deal rankings for the first half of 2015, while European and UK leader Freshfields Bruckhaus Deringer is the only magic circle firm to feature in the table.

Paris

Gide loses finance partner Arsanios to Reed Smith in Paris

2-Jul-2015 0:01 am | By Natasha Bernal

Gide Loyrette Nouel is set to lose another lawyer in Paris as finance partner Fernand Arsanios departs to join Reed Smith’s financial industry group.

Reykjavik Iceland

Travers wins Icelandic challenge for client Kaupthing in £2.2bn Tchenguiz claim

2-Jul-2015 0:01 am | By Tabby Kinder

Defunct Icelandic bank Kaupthing has won its jurisdictional challenge to the High Court to have Vincent Tchenguiz’ £2.2bn claim against it heard in Iceland.

simon davies linklaters

Linklaters reports 1 per cent turnover hike as Davies announces early departure

1-Jul-2015 10:05 am | By Joanne Harris

Linklaters has reported a 1 per cent increase in turnover to £1.267bn in 2014/15, at the same time as managing partner Simon Davies confirmed he is stepping down early to join Lloyds Banking Group as chief people, legal and strategy officer.

money

Herbert Smith Freehills PEP passes £800k with turnover inching up 2 per cent to £815m

1-Jul-2015 12:00 pm | By Tabby Kinder

Herbert Smith Freehills has turned over £815m in its second financial year since becoming a fully merged firm, a rise of just 2 per cent on the previous financial year.

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Barristers strike

Criminal Bar Association launches new ballot on strike action

1-Jul-2015 2:14 pm | By Tabby Kinder

The Criminal Bar Association (CBA) has launched a two-week ballot of its members on whether to launch direct action following news it would not strike alongside legal aid lawyers this week, despite widespread membership support.

London Norton Rose LG Shard South_Bank

KWM breaks even with PE partner loss to Goodwin Procter and partner hire from Fried Frank

1-Jul-2015 5:33 pm | By Natasha Bernal

King & Wood Mallesons (KWM) has lost London-based private equity partner Simon Fulbrook to Goodwin Procter, while simultaneously adding private equity partner Laura Brunnen to its London office from Fried Frank Harris Shriver & Jacobson.

Merger mania

Irwin Mitchell acquires commercial debt recovery specialist

1-Jul-2015 5:05 pm | By Jonathon Manning

Irwin Mitchell has completed its seventh acquisition since gaining its ABS licence through after merging with P&A Receivables Services.

Paris

Jones Day snaps up five-strong TMT team from Gide to bolster Paris office

1-Jul-2015 10:51 am | By Natasha Bernal

Jones Day has hired a five-strong team of lawyers from Gide Loyrette Nouel to join the Paris office’s TMT practice.

Heinz

Kraft Heinz appoints new general counsel in merged leadership lineup

1-Jul-2015 10:35 am | By Natasha Bernal

Merged food giant Kraft Heinz has promoted deputy general counsel Jim Savina to general counsel following the union of the two companies earlier this year.

For sale

Clifford Chance and Linklaters advise as General Electric continues $100bn asset sell-off

1-Jul-2015 10:32 am | By Rachel Moloney

Clifford Chance and Linklaters are the latest firms to have won mandates as General Electric (GE) stays on track to sell $100bn (£63.6bn) worth of assets by the end of the year. 

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Editor's Picks

Catrin Griffiths

What’s your worth in the market?

The Lawyer’s first salary survey, in partnership with Kinsella Legal, covers lawyer’s pay, base salaries, bonuses, benefits and pay satisfaction. As well as their wider career satisfaction and aspirations, we’ve unearthed eye-opening information about the effects on earnings of location, sector, experience and gender.

salary+survey

Chamberlain

Innovation in law firms – where is it?

1-Jul-2015

Firms that let talented, tech-savvy thinkers go are losing out to New Law upstarts that are deploying hardcore R&D to break down barriers 

Hot 100 alumni

Small

Hot 100 alumni: Harry Small, Baker & McKenzie

Baker & McKenzie outgoing global head of information technology and communications Harry Small has seen six years of action in management since he appeared in The Lawyer’s Hot 100 in 2010.

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More from Hot 100 alumni

Mark Rowley

Baker Botts' new man in London talks expansion

26-Jun-2015 | By Natasha Bernal

Baker Botts announced its highest global revenue ever – $653m – in 2014. Here’s how new London head Mark Rowley plans to ensure the office contributes to another record year in 2015.

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Ed Braham

Incoming Freshfields' management talk lockstep, innovation and collaboration

1-Jul-2015 | By Tabby Kinder

Freshfields Bruckhaus Deringer’s new managing and senior partner have said the next five years will be “crucial” for the firm to capitalise on new opportunities and international clients and increase efficiency and innovation.

index

Asia-Pacific 150: local firms' expansion accelerates as China dominates

29-Jun-2015

International firms have generally positioned themselves well for Asia-Pacific’s rise – teething troubles aside. But it is the locals, particularly in China, who show the biggest appetite for its business, growing faster and wider than the globals.

Business Leadership

Business Leadership Guide: meet the pace-setters

22-Jun-2015

Clear trends have emerged from this year’s Business Leadership survey. In-house legal teams confirm they are under increasing pressure to deliver more for less but the drive to embrace innovation remains elusive.

Read more market analysis

allen & overy

Allen & Overy posts sixth year of growth with 4 per cent revenue increase to £1.28bn in 2014/15

2-Jul-2015 | By Natasha Bernal

Allen & Overy (A&O) has achieved a sixth consecutive year of growth in 2014/15, increasing its global turnover by 4 per cent from £1.23bn to £1.28bn, while average profit per equity partner (PEP) grew by 8 per cent to £1.21m.

money

Herbert Smith Freehills PEP passes £800k with turnover inching up 2 per cent to £815m

1-Jul-2015 | By Tabby Kinder

Herbert Smith Freehills has turned over £815m in its second financial year since becoming a fully merged firm, a rise of just 2 per cent on the previous financial year.

Comments (1)

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Read more opinion

Bucknell

In-house interview: Zoe Bucknell, OneSavings Bank

29-Jun-2015 | By Tabby Kinder

Zoe Bucknell became OneSavings Bank’s GC on the day it changed from Kent Reliance and immediately faced a tough mix of start-up and legacy issues. Four years on and her reward is steep growth via a £413m flotation.

Jenifer Swallow Moshi Monsters Mind Candy GC

In-house interview: Jenifer Swallow, Mind Candy

22-Jun-2015 | By Natasha Bernal

Working at the creator of children’s online game Moshi Monsters isn’t all fun and games.

Liz Tanner

The in-house interview: SSE GC Liz Tanner

15-Jun-2015 | By Tabby Kinder

How SSE’s general counsel is managing an inquiry that could reshape the whole energy market.

Read more interviews

arrow growth ranking

Skadden reigns again in worldwide M&A deal rankings after losing out to Weil last year

Skadden Arps Slate Meagher & Flom has topped worldwide deal rankings for the first half of 2015, while European and UK leader Freshfields Bruckhaus Deringer is the only magic circle firm to feature in the table.

Paris

Gide loses finance partner Arsanios to Reed Smith in Paris

Gide Loyrette Nouel is set to lose another lawyer in Paris as finance partner Fernand Arsanios departs to join Reed Smith’s financial industry group.

Read more Global News

index

Asia-Pacific 150: local firms' expansion accelerates as China dominates

International firms have generally positioned themselves well for Asia-Pacific’s rise – teething troubles aside. But it is the locals, particularly in China, who show the biggest appetite for its business, growing faster and wider than the globals.

Latin America flags index

Southern exposure: Latin America and investor interest

Latin America is an area of immense interest for investors, especially from the US, and this is translating into work for lawyers.

Read more Global Analysis



salary+calculator

The Lawyer 22 June 2015 front cover

Top 10 stories: 19-25 June 2015

26-Jun-2015

The Lawyer Awards winners’ list topped our most-read stories last week, amid several big pieces of litigation and management changes in the magic circle.

More from Top 10 Stories