Last week’s revelation that Freshfields Bruckhaus Deringer was dramatically increasing the number of partners relegated to its “second tier” lockstep structure came as no surprise to those who have for years suggested that the traditional remuneration system was “on the way out” at the magic circle firm.
Fieldfisher has re-elected senior partner Matthew Lohn, less than two months after managing partner Michael Chissick was also re-appointed. Lohn was first elected to the post in February 2013 and his new term will also last three years starting in April. As senior partner, Lohn chairs the firm’s supervisory board and has continued to fee-earn […]
Herbert Smith Freehills (HSF) has emerged as the most-popular adviser to FTSE 100 companies on High Court and Court of Appeal (CoA) cases, data gathered for The Lawyer Market Intelligence tool has shown. The firm was instructed on 11 cases brought by FTSE 100 companies with reported judgments between January 2012 and July last year, […]
Romania’s government is making some progress on corruption but a cut to the VAT rate and a new investor-friendly Fiscal Code should help reverse a dip in foreign investment.
Conyers Dill & Pearman provided BVI legal advice to Sundart Holdings Limited in connection with its HKD$725 million IPO on the Main Board of The Hong Kong Stock Exchange. The Company is one of the leading integrated fitting-out contractors in Hong Kong and Macau.
Anna Chong of Conyers’ Hong Kong office advised on the matter working alongside Pinsent Masons.
Debevoise & Plimpton is hiring from Goodwin Procter as it adds a new partner to its London investment funds team. Shawn D’Aguiar is switching to a new US firm in London eight years after joining Goodwin from King & Wood Mallesons (KWM). He was part of a four-partner team move led by then funds head Michael […]
Barclays lost 44 lawyers in its legal team over 2023, almost four times the average number of leavers across the UK’s top banks. The banks with the second highest number of leavers is tied between HSBC and NatWest, with 12 lawyer exits each, according to indicative data. On the other end of the scale, Royal […]
CMS’s promotion numbers have ebbed slightly in its latest round seeing 10 elevated to the partnership in the UK and a total of 54 globally. In 2023, CMS promoted 65 lawyers to partner globally, with 16 of these in the UK, compared with 40 in mainland Europe. For this year the UK cohort is made […]
Another partner from Milbank’s financial restructuring team is set to leave the firm, this time joining Allen & Overy ahead of its merger with Shearman & Sterling. Karen McMaster is the latest partner loss from Milbank following last month’s news of a structured finance team led by partner John Goldfinch moving to Allen & Overy, soon […]
Herbert Smith Freehills (HSF) has promoted 27 lawyers to partnership, with eight making the grade in London. This year’s cohort is smaller than last year, when 32 promotions were announced, but it brings the figure back in line with pre-pandemic rounds. Over half of this year’s cohort has been promoted in the UK and Australia, […]
This report contains: an overview of the history of UK and US firm in Russia an analysis of the opportunities, challenges and litigation brought on by sanctions regimes a summary of the firms acting in Russian litigation in London
This report contains: an analysis of 15 UK firms’ cash flow management and lock-up trends over the past five years lock-up correlated with profitability to demonstrate the impact of strong financial management for firms’ bottom line details on the adoption of technology by firms to make their financial management more efficient
This report contains: an overview of the international strategies of the Iberian firms in The Lawyer‘s European 100 an analysis of the expansion strategies of Spanish and Portuguese-heritage firms in key jurisdictions outside of Iberia
This report contains: an analysis of the Scottish legal market as a whole, covering key locations and sectors the challenges and opportunities of doing business in the country analysis of the Scottish independent firms’ efficiency
This report contains: a look at the profitability and growth of Quinn Emanuel’s London office since its opening in 2008 an analysis of Quinn’s bench strength and how it weighs up against competitors an overview of Quinn’s practice in London
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On Tuesday last week (9 April), the SRA sought to quell a rising tide of discontent around the Solicitors Qualifying Examination (SQE). In its most recent SQE annual report, SRA chief executive Paul Philip said the public and profession could have “confidence” in this “rigorous assessment”. That confidence was short-lived. Yesterday (15 April), Philip was […]
For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]
It seems that one of the chief attributes of managing partners is wild optimism. You can’t move for law firm leaders committing their firms to hardcore five-year targets – particularly in the upper mid-tier, where we’re hearing of plans to double or even triple revenues by the end of the decade. We’d like some of […]
What do Southend-on-Sea and Slough have in common? The answer is that they are the largest urban settlements in Britain without a UK200 law firm. The denizens of these benighted places have to make do without so much as a solitary capital markets lawyer to keep the wheels of commerce turning. Can you imagine? Perhaps […]
It’s new partner season for UK firms, when hundreds of happy associates are granted new status, obligations and bragging rights. Most firms lag behind Kirkland & Ellis, though, which made up 26 in London this year alone. Like the Roman Empire, Kirkland has always made generous grants of citizenship to expand its borders; the more […]
Debevoise & Plimpton is hiring from Goodwin Procter as it adds a new partner to its London investment funds team. Shawn D’Aguiar is switching to a new US firm in London eight years after joining Goodwin from King & Wood Mallesons (KWM). He was part of a four-partner team move led by then funds head Michael […]
Barclays lost 44 lawyers in its legal team over 2023, almost four times the average number of leavers across the UK’s top banks. The banks with the second highest number of leavers is tied between HSBC and NatWest, with 12 lawyer exits each, according to indicative data. On the other end of the scale, Royal […]
CMS’s promotion numbers have ebbed slightly in its latest round seeing 10 elevated to the partnership in the UK and a total of 54 globally. In 2023, CMS promoted 65 lawyers to partner globally, with 16 of these in the UK, compared with 40 in mainland Europe. For this year the UK cohort is made […]
Another partner from Milbank’s financial restructuring team is set to leave the firm, this time joining Allen & Overy ahead of its merger with Shearman & Sterling. Karen McMaster is the latest partner loss from Milbank following last month’s news of a structured finance team led by partner John Goldfinch moving to Allen & Overy, soon […]
Herbert Smith Freehills (HSF) has promoted 27 lawyers to partnership, with eight making the grade in London. This year’s cohort is smaller than last year, when 32 promotions were announced, but it brings the figure back in line with pre-pandemic rounds. Over half of this year’s cohort has been promoted in the UK and Australia, […]
