Financing
McKenna & Co acted for biopharmaceutical company Vanguard Medica in its £11.2 million private equity financing.
McKenna & Co acted for biopharmaceutical company Vanguard Medica in its £11.2 million private equity financing.
LLOYD’S of London’s first-ever auction of places on syndicates has proved a major success for the corporation’s lawyers. The auctions resulted in £246 million of syndicate capacity being traded for a total value of £4.2 million. The legal team, led by in-house solicitor Tim Cargill, spent six months building a unique auction mechanism. Cargill was […]
Manches & Co advised two mineral exploration companies – Pan-Andean Resources and African Gold – on flotation to the Alternative Investment Market (AIM). Both companies used the transitional provisions to go to AIM, after the Stock Exchange Rule 4.2 was abolished recently.
Penningtons acted in the placing and intermediaries offer in the flotation of the Asia Healthcare Trust onto the Official London Stock Exchange
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The residents of the Barbican Centre’s Cromwell Tower organised a demonstration outside magic circle firm Linklaters on Tuesday to protest against its diesel generator, which was installed in late March. Protestors claim that the firm is “prioritising their convenience over [resident] health”. The generator is used to power the London office’s lifts and air conditioning. […]
BT has further shrunk its panel for the third review in a row having appointed a total of 11 firms to its roster. The panel will run for three years and includes 10 firms that have been reappointed from 2020. Those continuing their relationship with BT after the latest review are the likes of Allen […]
Dentons has promoted 12 lawyers to partner in the UK, Ireland and Middle East (UKIME) this year, including nine partners in London. Of the remaining three promotions, two were made in Glasgow and one was made in Abu Dhabi. Most of the promotions have been made in the projects team, with Claudia Thomas and Graham […]
Freshfields Bruckhaus Deringer has made up 23 lawyers to partner globally in its smallest round for three years. Last year, the magic circle promoted 30 to partnership worldwide, with 27 making the grade in 2022. There were 22 elevations in 2021. As a result, the London set is also slightly smaller than in previous years. […]
The Lawyer‘s Christian Smith, Catrin Griffiths, Richard Simmons, Katy Dowell and Charlotte Lear are joined by College of Legal Practice CEO Giles Proctor for this emergency episode of The Lawyer Podcast as they discuss the latest Solicitors Qualification Exam debacle: marking errors that led to 175 students being incorrectly told they had failed. What went […]
This report contains: an analysis of 15 UK firms’ cash flow management and lock-up trends over the past five years lock-up correlated with profitability to demonstrate the impact of strong financial management for firms’ bottom line details on the adoption of technology by firms to make their financial management more efficient
This report contains: an overview of the international strategies of the Iberian firms in The Lawyer‘s European 100 an analysis of the expansion strategies of Spanish and Portuguese-heritage firms in key jurisdictions outside of Iberia
This report contains: an analysis of the Scottish legal market as a whole, covering key locations and sectors the challenges and opportunities of doing business in the country analysis of the Scottish independent firms’ efficiency
This report contains: a look at the profitability and growth of Quinn Emanuel’s London office since its opening in 2008 an analysis of Quinn’s bench strength and how it weighs up against competitors an overview of Quinn’s practice in London
This report contains: The Lawyer‘s new global elite index which ranks firms on four key financial metrics analysis of the magic circle firms’ growth trajectories in the US insights from industry experts on firms poised for global dominance in the next decade detailed analysis of the magic circles practice area performance using data from The […]
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Search vacanciesAssociate churn is gathering pace across some of the largest UK firms
GenAI will force firms to re-evaluate their pricing models
No corporate promotions at Slaughter and May, but that doesn’t mean investments have been curtailed
How many trainees does it take to build a law firm? We welcome your suggestions for punchlines on that one (winner gets published in a future Horizon). But if one was inclined to think of a serious answer, one would naturally say that the larger the firm, the more graduates you need. After all, big […]
In the lower echelons of The Lawyer UK200, some firms are contending with major succession issues that could mean there is little option to find a merger deal whatever the cost. Growth is increasingly hard to come by for the Independent firms (ranked 101-200), but that doesn’t mean it’s all doom and gloom. Analysis by […]
For legal head Judi Gadsby, a lunchtime walk through the Goodwood Estate, with her golden retriever in tow, is one of the many perks of her day job. The 300-year-old estate is the seat of the Duke of Richmond and comprises nearly 5,000 hectares of land in Chichester, West Sussex. As head of legal at […]
Vinge’s Maria-Pia Hope has left the Swedish firm after stepping down as CEO after 12 years in the role. Hope’s final day at the firm was 31 March with her successor, banking and finance partner Louise Brorsson Salomon, stepping into her shoes on 1 April. Having joined the firm in 1996, Hope made partner seven […]
Trowers & Hamlins has become the latest firm to offer an innovation seat to its trainees as a part of its training contract. From the beginning of April, trainees at Trowers will have the option to sit in the innovation team and develop their competency in legal tech. Trowers’ training contract is divided into four […]
Scandinavian firm Hannes Snellman has finalised the split between its Swedish and Finnish businesses, citing “a divergence of the business strategies…in Helsinki and Stockholm”. The firm announced in February 2024 that the split would take place and the necessary arrangements have taken place splitting the offices into two distinct entities under the Hannes Snellman operating […]
With the 2023/24 financial year-end just days away, law firm leaders are doing everything they can to make sure no bill is left unsent and no debt is left uncollected. For many firms, that process will include turning to a raft of new technology solutions to try and speed up the cashflow process. However, at […]
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