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From bank rescues to student loans: The firms working on 2017/18’s biggest finance deals

From shoring up the South African banking system to helping home buyers in Cambridgeshire, it’s been a busy year in finance. 

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The Lawyer Awards

The Lawyer Awards: Pinsents triumphs as firm of the year

Pinsent Masons won the top prize at The Lawyer Awards 2018 last night, scooping the Law Firm of the Year award, sponsored by Travelers. This year’s judges – comprised of in-house general counsel, Hot 100 alumni and managing partners of major international firms – recognised that this was Pinsent Masons’ year. The firm has grown […]

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Goodwin’s City revenue nears $100m after lateral hiring spree

Goodwin Procter’s London revenue soared by 34 per cent in the last financial year, as its headcount too increased by nearly a third. The US firm’s London outpost saw turnover rise from $74m to $99m. Meanwhile, global revenue at the US firm increased by 11.7 per cent to $1.49bn, while profits per equity partner rose […]

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Magic circle trio paid just £10m in UK corporation tax in 2019/20

Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters paid just under £10m in corporation tax to the UK Treasury, their most recent LLP accounts reveal, as rate increases formed a key part of this week’s Budget proposals to repair the economy. The figures shine a light on how UK firms are likely to be impacted by […]

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Newcastle United fails to dismiss Blackstone QC from arbitration panel

Newcastle United (NUFC) has been unsuccessful in its bid to have Blackstone’s Michael Beloff QC dismissed as an arbitrator in the club’s dispute with the Premier League. NUFC, which is owned by Mike Ashley, is currently engaged in arbitration proceedings with the Premier League over the failed takeover of the club. The club brought the […]

Aggreko

Kirkland and Slaughters lead on Aggreko’s £2.3bn sale

Kirkland & Ellis has taken the lead role for the private equity bidders on the £2.3bn buyout of equipment supplier Aggreko. TDR Capital turned to Kirkland yet again after last year seeking the firm’s counsel on its £6.8bn purchase of ASDA. Partners David Holdsworth and Mark Thompson led for TDR and I Squared Capital, with […]

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Clifford Chance brings in consultancy to vet promotion process

Clifford Chance has concluded an independent review of its partner promotion process, to ensure criteria around diversity and inclusion are being fulfilled. The firm commissioned Chicago-based consultancy Nextions, which specialises in inclusion across leadership roles, to review its path to promotion. The effort started last autumn and wrapped in time for the beginning of the […]

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CMS plants 8,000 trees after tracking staff’s carbon footprints

CMS has planted thousands of trees around the world, following its pledge to plant one for every new user of its in-house sustainability app. Last year, The Lawyer reported that the firm had created a mobile app to help lawyers reduce their carbon footprint. It came with the commitment of planting a tree for every […]

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