The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... 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.
Kirkland & Ellis has scooped Shearman & Sterling high yield partner Ward McKimm in its latest foray into the lateral hiring market.
McKimm, who is understood to have resigned from Shearman yesterday, is considered to be one of the biggest names in European high yield, acting for institutions such as Citibank and Merrill Lynch as well as a variety of private equity houses.
The recruitment of McKimm signals a push into the bank market by Kirkland, which has hitherto based much of its transactional practice on sponsors.
High yield has become a key recruitment battleground in the City as European sponsors turn to the US markets for their funding requirements. Last year Linklaters hired Mark Hageman from Cravath Swaine & Moore (13 September 2010), following in the footsteps of Freshfields Bruckhaus Deringer, which hired Gil Strauss from Simpson Thacher & Bartlett (26 July 2010), and Allen & Overy, which recruited Kevin Muzilla from Milbank Tweed in 2009.