Catrin Griffiths

Catrin is the editor of The Lawyer.

The magic circle is dividing into East and West – place your bets

The dynamics of the magic circle shift according to what parameters are applied. It can be pay, where Freshfields and Linklaters have slugged it out for top PEP; or private equity market share, where Freshfields and Clifford Chance have maintained a top-grade client base; or attitude to jurisdictional expansion, where Clifford Chance and A&O have […]

Succession planning in fintechs leaves much to be desired

The digital financial services sector is prospering. TransferWise’s $319m share sale this week, led by D1 Capital Partners and Lone Pine Capital, indicates a 40 per cent increase in the valuation of the company compared to last year. Revolut’s $500m Series D funding in February valued the company at $5.5bn, the highest valued fintech company […]

Silicon Valley

Four reasons why Freshfields’ Silicon Valley launch affects the City

For a UK-headquartered firm, launching in Northern California is high-risk and high-impact. Unimaginably, a firm from the magic circle – that supposedly fragile, fading band – has opened its doors with seven senior lawyers, having lured not only prominent capital markets partner Sarah Solum from Davis Polk, but at the same time Boris Feldman, a […]

liverpool street london

The first Covid collapse of a law firm, and not the last

You probably don’t go into private practice with the ambition of advising on failures in private practice, but Pinsent Masons insolvency partner Steven Cottee has carved out quite the niche alongside financial advisory firm Quantuma. Administrations and pre-pack sales of small to medium-sized law firms have kept Pinsents and Quantuma ticking along over the years, […]

brexit

Anglo-Saxon firms all look the same to the Germans

European heavyweights tend to advance at much the same pace, but there is suddenly some mild turbulence in the Continental pecking order, according to the latest The Lawyer European 100 research report. Part of this is due to the mass walkout of lawyers from Fidal, and Bonelli’s takeover of Lombardi e Associati, but the most […]

If the C-suite has learned one thing from 2008, it’s how to talk

History can help you understand the present, but it never replays itself exactly. A comparison with 2008-10 does, however, provide insight on how law firms have learned from their mistakes. For reasons I can’t quite understand, some consultants and commentators regularly aim potshots at the quality of leadership in law firms when much of the […]