Litigation, the engine of the stratospheric domestic profits for US firms, is, ironically, the calling card for the UK’s elite law firms if they are ever to crack America, writes The Lawyer’s editor Catrin Griffiths.
Using Global 200 data, The Lawyer reveals which law firms have failed to keep pace with the global market, and what this group’s performance since 2008 can tell us about the future for the world’s top law firms
WeWork has appointed Sarah Nelson Smith as its first ever European general counsel, as it ramps up its legal capabilities outside the US. Nelson Smith, who was The Lawyer’s in-house lawyer of the year in 2014, joins the collaborative workspace giant from KFC, where she acted as European chief legal officer. When it started the hunt in April, WeWork […]
Debevoise & Plimpton has broken through the $1bn revenue barrier for the first time after posting record financial results for 2019. Firm-wide turnover rose by 13 per cent from $929.3m to a new high of $1.05bn in a year that saw all of the key metrics head north. In a year when the firm confirmed […]
Davis Polk & Wardwell and Skadden Arps Slate Meagher & Flom have taken the lead roles in Morgan Stanley’s $13bn acquisition of online trading platform E*Trade. Davis Polk’s team advising its longstanding client Morgan Stanley included partners from both its New York and Washington DC offices, and it was led by managing partner Neil Barr […]
Under-the-radar Greenberg makes promises in litigation Mishcon de Reya isn’t used to losing partners from its beloved disputes group, but this week The Lawyer revealed two would be making the move – and to a US firm no less. Banking disputes head Masoud Zabeti and fellow litigator Mohammed Khamisa QC are joining Greenberg Traurig, a […]
White & Case’s London revenue decreased by four per cent last year, while globally the firm recorded a rise in its financials to hit $2.2bn. Revenues at the firm’s UK outpost were $337m in 2019, a 3.7 decrease from the 2018 figure of $350m. Globally though turnover rose by 6.6 per cent to $2.2bn. Its […]
Simpson Thacher & Bartlett has made its first City partner hire in just over a year, bringing in Linklaters’ former head of global tax to its office. Yash Rupal will make the move to the US firm having been a partner at the magic circle firm since 1996. He represents a range of corporates, financial […]