With limited brand recognition among UK students, US firms find it hard to tempt the cream of the crop away from the magic circle. Will a host of new recruitment campaigns shift the balance? When US firms first arrived on these shores en masse around 10 years ago, most City partners did not even know […]

… INTRODUCTION DIVERSITY IN-HOUSE LEGAL AID REGULATION CORPORATE RECRUITMENT LITIGATION TECHNOLOGY 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 BLP and the unstoppable rise of the mid-size City firm It was the year when the mid-sized firms got sexy again. When Berwin […]

UK 200 Position: 21 UK 200 Position: 21 UK/global turnover: £28m/£302.2m Global PEP: £1.52m UK/global RPL: £883,000/£480,000 After a stellar 2005, when Cadwalader Wickersham & Taft turned over some £30m-plus, 2006 was slightly slower. The firm’s mighty restructuring group was still dominant and continued to represent more than half of the London office’s turnover. However, […]

Herbert Smith client JC Flowers has pulled out of the auction for stricken mortgage lender Northern Rock. This morning (7 December), rival bidder and Sullivan & Cromwell client Olivant submitted a revised proposal for the Newcastle-headquartered bank. US private equity house JC Flowers, which specialises in distressed debt, had made two offers for Northern Rock. […]