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.
Proskauer Rose is deploying partners from its New York headquarters to spearhead the renaissance of its London base.
Former chairman Allen Fagin, who is based in New York, is currently spending two weeks every month in London to oversee a recruitment drive in the City.
The firm also plans to move other US transactional lawyers to London on a permanent or long-term basis to aid integration.
“It will happen soon,” Fagin revealed. “There are several people with whom preliminary discussions have been had, and it’s likely there’ll be some associates as well as partners.”
Fagin, who served as chairman from 2005 until handing the baton to Joe Leccese this January, has already bolstered London with a number of local hires.
Key appointments have included funds partners Nigel van Zyl and Oliver Rochman from SJ Berwin and corporate partners Russell Carmedy and Michael Nouril from Jones Day.
Fagin said the firm was actively targeting lawyers in areas such as alternative investment finance, transactional and private equity, capital markets, junior capital (or mezzanine) finance and mid-market M&A.
“We’re focusing exclusively on areas of the practice where we believe we can effectively compete with anyone else in this marketplace,” said Fagin.