US firms’ promises of riches seem to be the best way to lure talent in London. But as Fiona Bennett reports, in a bear market it is difficult to sustain “If it wasn’t for the money, I never would have moved.” These are the words of a one year-qualified corporate lawyer who left the relative […]
The EU is considering a range of requests from foreign governments to liberalise the access to its legal professions under commitments it will make in a future World Trade Organization (WTO) deal, following the ongoing so-called Doha Development Round. WTO member countries have asked the EU to negotiate away restrictions on foreign legal specialists providing […]
It finally looks like A&O will be taking up residence in the Spitalfields Market development thanks to its assurances of community integration. But as Jon Robins reports, opponents of the law firm’s move believe the promises are worse than empty – they’re meaningless At a lively meeting of the Tower Hamlets Planning Committee last month, […]
So much for clients getting worried over Clifford Chance ‘padding’ its billable hours. One general counsel said she cares less about how much a firm bills and more about how presentable its partners are. Said general counsel on one occasion even decided against instructing one partner on the basis that he “smells”. She went on […]
The four shortlisted candidates are Jerry Clore, who was nominated by the Refugee Council, Christopher Digby-Bell for his work with the William's Way Project, Lady Babara Lowry of the Grandparents Association and Pat Monro, an adjudicator for the immigration tribunal.
The event will be held in the Common Room, 113 Chancery Lane at 6.00pm.
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 […]
Fieldfisher is bolstering its German presence with a sizeable team from local firm SKW Schwartz and a handful of other hires, in an effort to expand its media, technology and IP offerings. The firm has hired eight lawyers from SKW Schwarz including partners Martin Diesbach, Elisabeth Noltenius and Julia Schafdecker, all of whom specialise in […]
Debevoise & Plimpton is hiring from Goodwin Procter as it adds a new partner to its London investment funds team. Shawn D’Aguiar is switching to a new US firm in London eight years after joining Goodwin from King & Wood Mallesons (KWM). He was part of a four-partner team move led by then funds head Michael […]
This report contains: an overview of the history of UK and US firm in Russia an analysis of the opportunities, challenges and litigation brought on by sanctions regimes a summary of the firms acting in Russian litigation in London
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
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Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]
On Tuesday last week (9 April), the SRA sought to quell a rising tide of discontent around the Solicitors Qualifying Examination (SQE). In its most recent SQE annual report, SRA chief executive Paul Philip said the public and profession could have “confidence” in this “rigorous assessment”. That confidence was short-lived. Yesterday (15 April), Philip was […]
For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]
It seems that one of the chief attributes of managing partners is wild optimism. You can’t move for law firm leaders committing their firms to hardcore five-year targets – particularly in the upper mid-tier, where we’re hearing of plans to double or even triple revenues by the end of the decade. We’d like some of […]
What do Southend-on-Sea and Slough have in common? The answer is that they are the largest urban settlements in Britain without a UK200 law firm. The denizens of these benighted places have to make do without so much as a solitary capital markets lawyer to keep the wheels of commerce turning. Can you imagine? Perhaps […]
Barclays lost 44 lawyers in its legal team over 2023, almost four times the average number of leavers across the UK’s top banks. The banks with the second highest number of leavers is tied between HSBC and NatWest, with 12 lawyer exits each, according to indicative data. On the other end of the scale, Royal […]
CMS’s promotion numbers have ebbed slightly in its latest round seeing 10 elevated to the partnership in the UK and a total of 54 globally. In 2023, CMS promoted 65 lawyers to partner globally, with 16 of these in the UK, compared with 40 in mainland Europe. For this year the UK cohort is made […]
Another partner from Milbank’s financial restructuring team is set to leave the firm, this time joining Allen & Overy ahead of its merger with Shearman & Sterling. Karen McMaster is the latest partner loss from Milbank following last month’s news of a structured finance team led by partner John Goldfinch moving to Allen & Overy, soon […]
Herbert Smith Freehills (HSF) has promoted 27 lawyers to partnership, with eight making the grade in London. This year’s cohort is smaller than last year, when 32 promotions were announced, but it brings the figure back in line with pre-pandemic rounds. Over half of this year’s cohort has been promoted in the UK and Australia, […]
Nearly 200 law students were incorrectly told they had failed their first set of Solicitors Qualifying Examination (SQE) exams, in what the chief executive of the Solicitors Regulation Authority (SRA) has called “the most serious operational mistake that we’ve made in the last two and half years.” Kaplan, the exam administrator for the SQE, has […]
