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International law firms still operate on an antiquated, colonial model that ignores the globalisation of the economy, says Dentons chair Joe Andrew.
Two partners from Greenberg Traurig’s real estate group are leaving the firm for a rival US player, The Lawyer can reveal, while another member of its corporate team is also exiting for a new role. Real estate-focused private equity partner Tim Webb and colleague Emma Maher are to join K&L Gates, while corporate finance partner […]
Stephenson Harwood is to lose another partner to a US outfit in the City, over a month after it was revealed that corporate finance partner Warren Allan is leaving for Proskauer Rose. Aircraft and rail finance partner Graeme McLellan is to join Greenberg Traurig. McLellan has been a partner in Stephenson Harwood’s asset finance team since […]
As merger talks between Greenberg Traurig (GT) and Berwin Leighton Paisner (BLP) continue at pace, GT executive chairman Richard Rosenbaum has outlined the key obstacles to any merger with BLP: any change to its ‘black box’ closed remuneration arrangements and any verein-style compromise over financial integration. GT’s ‘black box’ compensation framework remunerates partners on a […]
International law firms still operate on an antiquated, colonial model that ignores the globalisation of the economy, says Dentons chair Joe Andrew.
Two partners from Greenberg Traurig’s real estate group are leaving the firm for a rival US player, The Lawyer can reveal, while another member of its corporate team is also exiting for a new role. Real estate-focused private equity partner Tim Webb and colleague Emma Maher are to join K&L Gates, while corporate finance partner […]
Stephenson Harwood is to lose another partner to a US outfit in the City, over a month after it was revealed that corporate finance partner Warren Allan is leaving for Proskauer Rose. Aircraft and rail finance partner Graeme McLellan is to join Greenberg Traurig. McLellan has been a partner in Stephenson Harwood’s asset finance team since […]
As merger talks between Greenberg Traurig (GT) and Berwin Leighton Paisner (BLP) continue at pace, GT executive chairman Richard Rosenbaum has outlined the key obstacles to any merger with BLP: any change to its ‘black box’ closed remuneration arrangements and any verein-style compromise over financial integration. GT’s ‘black box’ compensation framework remunerates partners on a […]
Clifford Chance has set out plans to increase the amount of revenue its disputes group generates, in a move that would ensure litigation accounts for a quarter of firmwide turnover. As it stands, 20 per cent of Clifford Chance’s revenue is estimated to be made up of litigation, according to The Lawyer’s Global Litigation 50 […]
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Criminal barristers deserve the full support of the profession
With internal teams shrinking, legal budgets are rising at a faster rate than in a decade
The Simmons & Simmons happiness survey has shown that happiness isn’t all that
The zeitgeist is playing out in defamation disputes, and 5RB are at the heart of it
It’s not been easy for Western firms to break into the Saudi market
Demand for office space is booming in London
Shearman & Sterling is boosting its leveraged finance practice with a White & Case hire, its fourth new partner joiner of 2022. Shameer Shah makes the move, having spent almost nine years at White & Case. His main practice focuses on acquisition finance and special situations across private credit, investment banks and other financial institutions. […]
Slater & Gordon has finalised part of a strategic review of its UK business, with discussions ongoing as to whether certain practices fit into its revised model. As a result of the review, the firm will split its business into two main departments named Essential Legal Services (ELS) and Specialist Legal Services (SLS). ELS will […]
Magic circle firm Linklaters is to put financial sponsors at the heart of its Asia-Pacific operation after a strategy refresh led by regional managing partner William Liu. As part of the strategy, Linklaters is aiming to increase revenue by 10 per cent each year as well as making commitments to flesh out what the firm […]
Sky Group’s general counsel has left the business, leading to the appointment of a new legal head at the broadcasting company. Niamh Grogan has joined Sky as its new group general counsel after leaving multinational insurance adviser Willis Towers Watson. There, she was its global deputy general counsel and chief operating officer for more than […]
Firms in the US, with workforces impacted by last week’s Supreme Court decision on abortion rights, are entering discussions with their medical insurers to determine whether they can cover out-of-state travel costs. The US Supreme Court last week overturned Roe v Wade, meaning it will be up to individual states to make decisions on abortions. […]
Social care provider CareTech has been sold to a consortium, advised by Ashurst, in an £870m deal. Ashurst chair Karen Davies led the team representing Amalfi Bidco, a newly-formed company indirectly owned by Sheikh Holdings Group (Investments), Belgravia Investments and Kensington Capital, and funds managed and advised by THCP Advisory. Davies was supported by fellow […]
