The Lawyer in Europe
In a world where the biggest global firms are just getting bigger – witness the recent formation of 6,500-lawyer behemoth Dacheng Dentons – it can be increasingly hard for independent firms to compete.
The European legal market has been shaken by a flurry of lateral hires over the past week, with firms including Baker & McKenzie , Fieldfisher and Morrison ...
The annual M&A league tables are coming out and it’s good news. Globally, M&A activity was back to pre-crisis levels in 2014
Earlier this week Skadden Arps Slate Meagher & Flom announced that it was making a rare European lateral hire – and it was a big one. Skadden has recruited Darrois Villey Maillot Brochier’s co-managing partner Olivier Diaz in a boost to its French corporate practice.
Diversity has been on the radar of several firms in the UK recently, with a number announcing that they are aiming for 30 per cent of their partners to be female within the next few years.
Our upcoming special report on Russia, which will appear on 24 November, will focus on the impact of the sanctions imposed against and by the country in the wake of the Ukrainian crisis.
Garrigues, Europe’s largest firm, announced this morning that it had added €600,000 to its turnover last year – growth of 0.2 per cent. The firm’s €332.5m revenue might only be slightly up on 2012/13, but it marks a return to growth after two years of decline.
PRIIPS regulation download subscription
Regulation (EU) No 1286/2014 of the European Parliament and of the Council of 26 November 2014 regards key information documents for packaged retail and insurance-based investment products.
Swedish firm Magnusson has added a Hong Kong office through a tie-up with two-partner Hong Kong firm Odebjer Fohlin - its ninth new base in three years.
A total of seven European firms have been named on the inaugural European Referral Firm of the Year shortlist, unveiled today ahead of The Lawyer’s European Awards next month.
Latham & Watkins’ revenue has rocketed by 14.3 per cent between 2013 and 2014, from $2.28bn to $2.61bn (£1.69bn).
Tough international competition means that diversification is the watchword in the Turkish legal market.
While deal numbers were up last year, their value rocketed – and this time it’s not the US firms taking the lion’s share.
Loss of PE star Oliver Felsenstein must surely force firm’s hand over lockstep reform.