Last week’s news that Clifford Chance global head of private equity David Walker is leaving to join Latham & Watkins in London marks yet another major departure from the magic circle firm’s practice, following six previous key partner exits from the firm’s funds, tax or buyouts teams since 2009.
Early indications are that recent law firm mergers with Australians are producing the hoped-for results in terms of cross-referrals
There’s been some client jostling in the FTSE 100 and 250 markets but firms have hooked more clients in the alternative index, show the latest quarterly adviser rankings
In the first of our regular round-ups of the deals and legal personalities of the month just passed, casualties of the credit crunch were to the fore, including Jessops
Our latest in-depth analysis of UK M&A legal bills reveals a good performance by smaller firms and success fees on the rise