The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
The London office of US firm Kaye Scholer has continued its expansion by hiring a senior lawyer from the Financial Services Authority (FSA).
The arrival of Owen Watkins from the FSA, where he was for 15 years, brings fee-earner headcount at the US firm’s London outpost to nine. He will join as a senior consultant. Kaye Scholer follows Clifford Chance in taking on former FSA in-housers.
Tim Spangler, Kaye Scholer’s head of global investment funds, told The Lawyer: “I think we’re seeing two evolutions here. The first is UK firms beginning to appreciate -- in a way US firms have done for some time now -- how valuable regulatory experience can be. The second is that financial services advice is beginning to become increasingly focussed to strategically important clients.”
For Kaye Scholer’s London office, those clients are hedge funds, distressed debt funds and private equity funds. Such clients need particularly tailored advice that Watkins can provide, said Spangler.
Spangler himself only joined Kaye Scholer in October 2006, from Berwin Leighton Paisner. More growth is expected over the coming months. “We’re determined to have a London office comparable to our US peers,” said Spangler