Sullivan & Cromwell breaks magic circle dominance in European M&A

For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]

It seems that one of the chief attributes of managing partners is wild optimism. You can’t move for law firm leaders committing their firms to hardcore five-year targets – particularly in the upper mid-tier, where we’re hearing of plans to double or even triple revenues by the end of the decade. We’d like some of […]

What do Southend-on-Sea and Slough have in common? The answer is that they are the largest urban settlements in Britain without a UK200 law firm. The denizens of these benighted places have to make do without so much as a solitary capital markets lawyer to keep the wheels of commerce turning. Can you imagine? Perhaps […]

It’s new partner season for UK firms, when hundreds of happy associates are granted new status, obligations and bragging rights. Most firms lag behind Kirkland & Ellis, though, which made up 26 in London this year alone. Like the Roman Empire, Kirkland has always made generous grants of citizenship to expand its borders; the more […]

Kinstellar started the year in fine form. If its acquisition of a Vietnamese firm was a big move for it to break into the Southeast Asian market, the acquisition of four offices from German independent Noerr was positively enormous as a statement of intent. There was also a lovely symmetry to the acquisition as the […]