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Debevoise & Plimpton and Sullivan & Cromwell are among the firms advising as US conglomerate AT&T merges its WarnerMedia division with rival TV and streaming giant Discovery. WarnerMedia owns brands such as HBO, Warner Bros, CNN and Cartoon Network, while Discovery specialises in factual shows and distributes the Discovery Channel, Animal Planet, Quest and Eurosport, […]
US firms need to retain their partners to maintain sustainable growth.
CMS is switching partner profit distributions back to its traditional bi-monthly schedule after temporary changes adopted during the pandemic, The Lawyer has learned. It is understood the firm moved to quarterly distributions last year, when it found itself in a position to resume the rounds following an emergency hiatus in the early part of the […]
Nearly a year since it hired Freshfields’ David Higgins to bolster its corporate offering in London, Kirkland & Ellis is to bring in two Linklaters partners to spearhead its move into the Paris market.
Debevoise & Plimpton and Sullivan & Cromwell are among the firms advising as US conglomerate AT&T merges its WarnerMedia division with rival TV and streaming giant Discovery. WarnerMedia owns brands such as HBO, Warner Bros, CNN and Cartoon Network, while Discovery specialises in factual shows and distributes the Discovery Channel, Animal Planet, Quest and Eurosport, […]
US firms need to retain their partners to maintain sustainable growth.
CMS is switching partner profit distributions back to its traditional bi-monthly schedule after temporary changes adopted during the pandemic, The Lawyer has learned. It is understood the firm moved to quarterly distributions last year, when it found itself in a position to resume the rounds following an emergency hiatus in the early part of the […]
Nearly a year since it hired Freshfields’ David Higgins to bolster its corporate offering in London, Kirkland & Ellis is to bring in two Linklaters partners to spearhead its move into the Paris market.
EY Law is bringing in a team of six lawyers to boost its financial services practice, including a former Dechert partner. The legal arm of the accountancy firm has brought in a collective helmed by Monica Gogna, a finance expert who left Dechert last September. The team hire is aimed at building out a financial services […]
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10 years on the failed merger has proved to be a financial success
A&O has demonstrated market leadership in its decision not to raise NQ pay
Mid-market M&A is ripe for the taking in Japan as the new generation sees little to gain from dynasty
Lawyers are enjoying their partner status for at least a decade before setting their sights on the next step up
As the world opens back up, it’s more important than ever to show what your firm has to offer
How can Mishcon fund its ambitious growth plans now its IPO has been put on ice?
Bevan Brittan has declared itself open to acquisitions after breaking the £60m revenue barrier for the first time. Turnover is up 7.2 per cent from £56.1m to £60.8m, while net profit has climbed by 6.6 per cent to £15.7m. It marks nine years of consecutive revenue and net profit growth for Bevan Brittan, which says […]
Private equity house Partners Group has reappointed three firms to its latest panel, with a new addition also making the cut. Clifford Chance, Ropes & Gray and Latham & Watkins remain on the roster following a tender and review process. The Lawyer has also learnt that Allen & Overy has scored a place on the […]
Pinsent Masons has reported single-digit percentage growth in its revenue, while PEP surged ahead yet again after two consecutive drops in 2019 and 2020. Turnover rose for the tenth year in a row, up 6 per cent to £531.1m in 2021/22. Elsewhere, its profit per equity partner (PEP) witnessed double-digit growth of 16 per cent. […]
Nearly half of The Lawyer’s UK Top 50 firms picked up fees from the UK Government over 2021/22, according to a Freedom of Information request. The UK Government Legal Department spent a total of £36.57m on external legal services over the financial year 2021/22. Given there are 52 weeks in a year, this equates to £703,295 […]
Latham & Watkins is set to lose a team of finance partners to Paul Hastings’ London office. The Lawyer has learned that finance partners Mo Nurmohamed, Ross Anderson, Karan Chopra and Rob Davidson are leaving Latham to bolster Paul Hastings’ finance practice. Nurmohamed and Anderson are both the heads of Latham’s London lender-facing team. Of […]
Scottish firm Brodies has increased its revenue by just shy of 20 per cent, reaching a new high of £98.5m. As such it is the largest of the independent Scottish firms remaining, with the likes of Burness Paull and Shepherd & Wedderburn yet to report. Many others such as Simpson & Marwick, Maclay Murray & […]
