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Stock IPO

Exclusive: Axiom weighs up IPO after years of deliberation

Flexible legal resources provider Axiom is considering an initial public offering in a bid to turbocharge the company’s growth, The Lawyer understands. Sources close to the matter claim that the firm’s internal talks are reaching a head after several years of deliberation. An Axiom spokesperson said today: “Axiom does not comment on rumours or market speculation”. […]

London

DAC set to exit “miserable dungeon” with move to Cannon Street

DAC Beachcroft‘s search for its new London office is coming to an end as the firm is understood to have put in an offer for floors of the Walbrook Building near Bank station, The Lawyer can reveal. The firm kicked off its search for a new office last September, instructing commercial estate agents Knight Frank to find […]

Global business concept. Silhoauettes of business person and communication network.

Knights boots up for IPO with tech transformation

Knights, which this month announced its intention to become the fifth publicly listed UK law firm, has hired the European IT director at Procter & Gamble to oversee a “technology transformation” as part of the listing. Richard King will join Knights on 1 July as a non-executive director to lead the business’ tech overhaul. Knights’ […]

Gender pay gap: Freshfields and Slaughters bow to pressure on partner figures

Freshfields Bruckhaus Deringer and Slaughter and May have released belatedly their gender pay gap for partners, while Allen & Overy (A&O) has been called out for “refusing to comply” with MPs’ requests for the data. The publication of results follows a long-running inquiry by the UK Government’s Business, Energy and Industrial Strategy Committee into the […]

Communication Satellite Orbiting Earth

Dentons-backed ‘Space Camp’ unveils six new startups

Six European startups have been chosen to join the first round of a SpaceTech startup accelerator backed by Dentons. The nine-week programme called ‘Space Camp’ is being hosted in Dentons’ London HQ and is sponsored by the global firm. The scheme was established by spacetech-focused venture capital fund Seraphim Capital, which claimed that it had […]

CMS gets £132m cash boost after sale of Olswang and Nabarro offices

CMS Cameron McKenna has released itself from nearly £132m worth of real estate liabilities after selling off surplus office space owned by legacy Olswang and Nabarro, The Lawyer can reveal. When the firm agreed its merger with the two London-headquartered firms, CMS took on extra space in London, as well as Dubai and Singapore. It has now consolidated […]

Heathrow has a back-up plan to extend an existing runway if the new one is not approved

City firms gear up to defend Heathrow from new runway challenge

DAC Beachcroft looks set to launch a challenge against the Department for Transport (DfT) after submitting a 21-page document highlighting “serious errors” in the DfT’s plans to build a third runway at Heathrow airport. DAC partner and head of planning Christopher Stanwell is representing Heathrow Hub, which proposes an extension to the existing Northern runway […]

A&O

A&O lures back partner after two-year Cleary stint

Allen & Overy (A&O) has rehired its former head of non-contentious financial services regulation, two years after he left the magic circle firm for Cleary Gottlieb Steen & Hamilton. Bob Penn spent nearly a decade in the A&O partnership and was a member of its financial services regulation team before leaving to join the US firm in September […]

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Market Reports

COMING SOON: Asia-Pacific 100 – 2018 report

Essential insight for your firm; Enquire today Discover and examine the growth of independent Asia-Pacific firms in their HQ region. Investigate where the opportunities lie; which local firms to compete with, to partner with and to acquire. Reveal the growth of international firms in Asia-Pac legal markets. What’s included? The Lawyer’s Asia Pacific 100 report […]

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European 100 – 2018 report

Indispensable insight for your firm; Enquire now 1. Discover and examine the growth of independent European firms on the continent. Independent European firms are thriving, and as such, are inhibiting the further growth of international firms. One such indicator looks at their revenue growth over the past 5 years, as seen below, having increased from […]

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US Top 50 – 2018 report

Win more new business and spot greater opportunities Reveal how firms identify and integrate the market’s top talent. Uncover the impact the investment firms have made in recent years. Investigate which areas firms are looking to target for 2018. Discover the trends that are the most important now, and those that will become increasingly so […]

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Features

EUROPEAN 100 - 2018 REPORT

Indispensable insight for your firm.

1. Discover and examine the growth of independent European firms on the continent.
2. Investigate where the opportunities lie; which local firms to compete with, to partner with and to acquire.
3. Reveal the growth of international firms in European legal markets.

The Lawyer’s European 100 is the only in-depth report into the legal market across the whole of Continental Europe. It analyses the finances and strategies of the 100 largest independent law firms, as well as looking at the presence of the 50 largest international firms operating on the Continent.

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#MeToo

Mark Hastings Quinn

Exclusive: Quinn sacks London partner after investigation into inappropriate conduct

Quinn Emanuel Urquhart & Sullivan has dismissed partner Mark Hastings without compensation following an investigation into two allegations of inappropriate behaviour, The Lawyer can reveal. The allegations first surfaced in February with Mishcon de Reya partner Alison Levitt QC drafted in to conduct the firm’s internal investigation. Following the presentation of Levitt’s findings, Hastings was dismissed […]

Linklaters

Linklaters responds to #MeToo with whistleblowing hotline

Linklaters has set up an external whistleblowing hotline for its staff in recognition that individuals can feel wary about reporting harassment concerns to people within the firm, The Lawyer has learned. The magic circle firm revealed its SpeakUp initiative to partners last week, and to the firm yesterday. It means that people will be able […]

CC

Exclusive: Clifford Chance launches second probe into partner sexual misconduct

Clifford Chance has launched a second investigation in under 12 months into the behaviour of a current partner, following  allegations of sexual misconduct leaked to The Lawyer. The first allegations emerged in 2015 when the accused partner was based in one of the firm’s European offices, and include multiple allegations of sexual impropriety with staff in […]

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Featured Briefings

high net worth clients, private client

Current themes in private wealth structuring

At Ogier we continue to see Jersey trust companies winning substantive mandates for new private wealth structures. Plainly this bodes well for the future of the sector on the island. The purpose of this article is to consider the key drivers as to why ultra-high net worth families are choosing to structure now and ultimately […]

Life sciences disputes: is international arbitration the future?

The growth of the life sciences sector has been accompanied by a corresponding growth in related disputes, which are increasingly resolved by way of international arbitration. This insight explains why international arbitration is particularly well suited for the resolution of these disputes.

cyber attack, cyber security, hacker

Cyber attacks: Driven to change or driving change

By Jennifer Michael Being Driven to Change during a crisis can often be haphazard, fast-paced and incredibly stressful. It usually comes about because an event you haven’t planned for happens suddenly. If this event is a cyber attack, as a priority you will need to put measures in place to stop your private and confidential […]

Stock photograph of office buildings and apartments in the Salford Quays area of Manchester, England, United Kingdom.

Competition law after Brexit and the CMA’s plan for Manchester office

Andrea Coscelli, CEO of the Competition and Markets Authority (CMA) has indicated that the UK competition law regulator may step closer to regional businesses with plans to open an office in Manchester. This move is partly in anticipation of the increased workload Brexit is likely to generate for the regulator and partly because of a […]

Ten key points to note from the FOS Annual Review 2017/18

On 30 May 2018, the Financial Ombudsman Service published its annual review for 2017/18. The annual review looks at the level and type of complaints handled by the FOS over the past 12 months.  It also highlights any trends or themes the FOS has seen.  The FOS’ three key themes are: vulnerability, challenges from new services […]

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