Global Litigation Top 50: the success stories of 2019
The speed of growth in contentious activity at many firms over 2018/19 is almost as high as it has ever been over the past five years.
Financials 2018/19: Pinsents PEP stumbles after a year of global expansion
While its UK competitors pile in to report single-digit PEP growth for 2018/19, Pinsent Masons saw a decline in its average profit per equity partner to £620,000. The 5 per cent decrease in PEP was in spite of a 7 per cent jump in turnover to £482m. Gross profit also rose during the last financial […]
GC2B roundtable: How customer expectations are shaping direction of the global real estate market
Fourteen GCs and senior counsel at a roundtable hosted by The Lawyer and Bryan Cave Leighton Paisner discuss how the latest trends create challenges and opportunities for firms
Colonial? A unified global firm that respects its partners is far from that
Greenberg Traurig executive chairman Richard Rosenbaum responds to Dentons’ Joe Andrew’s opinion piece published last week. The recent opinion piece strongly touting the verein model as the only obvious answer and disparaging other methods of global law firm growth as “colonial” brought to mind a saying I was taught early on in my career: “The […]
Data dive: the firms hitting $1bn for the first time
The number of firms producing turnover of more than $1bn continues to rise, according to The Lawyer’s Global 200 report.
Global Litigation Top 50: the success stories of 2019
The speed of growth in contentious activity at many firms over 2018/19 is almost as high as it has ever been over the past five years.
Financials 2018/19: Pinsents PEP stumbles after a year of global expansion
While its UK competitors pile in to report single-digit PEP growth for 2018/19, Pinsent Masons saw a decline in its average profit per equity partner to £620,000. The 5 per cent decrease in PEP was in spite of a 7 per cent jump in turnover to £482m. Gross profit also rose during the last financial […]
GC2B roundtable: How customer expectations are shaping direction of the global real estate market
Fourteen GCs and senior counsel at a roundtable hosted by The Lawyer and Bryan Cave Leighton Paisner discuss how the latest trends create challenges and opportunities for firms
Colonial? A unified global firm that respects its partners is far from that
Greenberg Traurig executive chairman Richard Rosenbaum responds to Dentons’ Joe Andrew’s opinion piece published last week. The recent opinion piece strongly touting the verein model as the only obvious answer and disparaging other methods of global law firm growth as “colonial” brought to mind a saying I was taught early on in my career: “The […]
Dentons takes second swipe at Simmons’ banking practice
Simmons & Simmons has lost another partner to Dentons, with banking and finance lawyer Richard Pallot-Cook rejoining the firm after six years. Richard Pallot-Cook, who specialises in corporate and financial restructuring, work-outs and insolvency, moved across from legacy SNR Denton to Simmons & Simmons in 2013. Having trained at legacy Eversheds, he was at SNR […]
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Working to live, not living to work: it’s an easy sell
The demographics of the legal market are in flux with Covid 19 creating the conditions for a generational shift in working patterns.
A&O’s accidental LA office
With the arrival of the Akin Gump team, A&O’s US bench has doubled at a stroke.
Hausfeld loves a bit of competition
Calls for reform of the CMA will be music to the ears of claimant litigators.
Latham is taking both more and less space in London
If Latham’s growth rate continues unabated, its future home could end up offering proportionately less space per staff member.
£30m isn’t enough to get you into the Premier League
DMH Stallard has reached critical mass size – but it now has more work to do to secure its future.
Meghan Markle’s opponents have a busy year
Fans of celebrity showdowns will be denied their thrills this year following the Duchess of Sussex’s successful application for summary judgment against Associated Newspapers, but the Daily Mail’s favourite law firm still has a full pipeline for 2021. Over the last few years RPC partner Keith Mathieson has also fastened his grip on defence work […]
Bevan Brittan hands out all-staff pay rise and ‘thank-you bonus’
Bevan Brittan has handed out a 3 per cent pay rise to all its employees alongside an additional 3 per cent ‘thank-you bonus’ to be applied to the last six months and paid now. The firm had previously postponed its September 2020 annual pay review due to uncertain economic conditions caused by the Covid-19 pandemic. […]
Ropes adds funds partner in second hire this week
Ropes & Gray has added a new partner to its funds team, in the same week it also launched a European life sciences group with a recruit from Arnold & Porter. Emily Brown is the latest funds joiner from Schulte Roth & Zabel. She has been at Schulte’s London office for over two years and […]
Linklaters rethinks secretarial work with new allocation method
Linklaters has rolled out a platform to change the way its secretarial function operates in light of new working practices introduced during the pandemic. The magic circle firm has bought a third-party platform, called Service Now, to ensure better work allocation across its secretarial pool. With the prospect of a hybrid model split between remote […]
Covington’s London revenue jumps by 12 per cent
Covington & Burling’s London revenue increased by 12 per cent last year, as global turnover also saw double-digit growth. This is after the firm’s City growth was static in 2019, decreasing by 0.1 per cent. In 2020, the firm’s revenue in its London offering leapt to $113.6m from $101.2m. In 2015, the firm’s London turnover […]
Reed Smith and A&O lead on New Scientist sale
Reed Smith, Allen & Overy and Freshfields Bruckhaus Deringer have acted on Daily Mail and General Trust’s (DMGT) £70m acquisition of New Scientist. DMGT instructed co-chair of Reed Smith’s global corporate group Delphine Currie on the purchase, alongside senior associate Daryl Cue and client relationship partner Lawrence Radley. The Daily Mail publisher picked up the […]
Simmons approves long-term remote working plan
Simmons & Simmons has introduced a long-term working policy inspired by the changes brought about by the pandemic. The firm will introduce a hybrid working system that allows employees to work up to two to three days per week from home when restrictions are lifted, as agreed with line managers. Over the coming months, country […]
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