Canary Wharf Group (CWG) recently closed a multimillion-pound development loan deal, but its long-standing legal adviser Clifford Chance was nowhere to be seen. The Lawyer has widely reported Clifford Chance to have been CWG’s go-to firm for both contentious and non-contentious transactions for well over three decades. In 2003, the company stuck with CC on […]
From Ince acquirer to suspended by the regulator – last week it was revealed that the former managing partner of Axiom Ince had been hit with a freezing order from his old firm. What more can be gleaned from this latest development? Pragnesh Modhwadia has found himself at the centre of regulatory scrutiny ever since he […]
A debt finance team of four City partners, led by Neel Sachdev, are exiting Kirkland & Ellis. It is understood that the four are moving to Paul Weiss Rifkind Wharton & Garrison, less than two weeks since news broke that Paul Weiss’s London managing partner Alvaro Membrillera would move in the other direction to K&E. Sachdev […]
The largest 200 UK law firms are revealed in The Lawyer’s UK 200 latest report.
An appeal brought by Barclays’ ex-CEO over the FCA’s decision to fine and ban him from holding any senior City role for 10 years for not fully disclosing his association with Jeffrey Epstein is set for March 2025, The Lawyer can reveal.
Canary Wharf Group (CWG) recently closed a multimillion-pound development loan deal, but its long-standing legal adviser Clifford Chance was nowhere to be seen. The Lawyer has widely reported Clifford Chance to have been CWG’s go-to firm for both contentious and non-contentious transactions for well over three decades. In 2003, the company stuck with CC on […]
From Ince acquirer to suspended by the regulator – last week it was revealed that the former managing partner of Axiom Ince had been hit with a freezing order from his old firm. What more can be gleaned from this latest development? Pragnesh Modhwadia has found himself at the centre of regulatory scrutiny ever since he […]
A debt finance team of four City partners, led by Neel Sachdev, are exiting Kirkland & Ellis. It is understood that the four are moving to Paul Weiss Rifkind Wharton & Garrison, less than two weeks since news broke that Paul Weiss’s London managing partner Alvaro Membrillera would move in the other direction to K&E. Sachdev […]
The largest 200 UK law firms are revealed in The Lawyer’s UK 200 latest report.
Irwin Mitchell’s chief executive officer (CEO) Andrew Tucker passed away on Wednesday 16 August from an unexpected illness, the firm announced today. Tucker, who has been the firm’s CEO since 2014, has been at Irwin Mitchell for nearly 40 years, having joined in 1985 and made partner in 1988. Before taking on the CEO role, […]
Some US firms in London tend to get all the headlines, and as you know who they are, we won’t bother namechecking them again. But there are others, a tad more under the radar, that have had a barnstorming year in 2023 and whose time in the limelight is now. Such as Willkie Farr & […]
The latest newly-qualified (NQ) salary rise from Freshfields Bruckhaus Deringer still managed to raise interest last week, despite the fact enormous pay hikes are the new normal these days and that even £150,000 isn’t unusual any more (as of last week, Quinn’s £180,000 tops the market alongside Gibson Dunn). But it is still significant because […]
European firms see more value in having a physical office in the Square Mile than they do in the Big Apple. Last week, Spanish firm Uría Menéndez became the latest to shut up shop in New York, having been there for 30 years. Uría was the final member of Slaughter and May’s fabled Best Friends […]
Thanks to Paul Weiss, Skadden and Kirkland & Ellis (but mainly Paul Weiss), Linklaters has a few empty chairs at Silk Street. One way a firm can replenish its ranks is through lateral hiring – enter Travers Smith corporate partner Richard Spedding – or internal promotions. Last month, a total of 14 lawyers were made up […]
Paul Weiss’ UK spending spree is far from over. Just a year ago, this firm was small fry among the US City titans. Cue an audacious carve-out of some of Kirkland & Ellis’ superstars last summer and everything changed. That initial raid (which included debt finance heavyweight Neel Sachdev and corporate star Roger Johnson) was […]
Portugal’s Abreu Advogados fell short of hitting the €50m revenue mark for the first time in its history after revenue surged by almost a fifth in last year. The firm’s top-line grew to €49.7m (£42.8m) from the previous year’s €41.7m. Managing partner Inês Sequeira Mendes praised the firm’s growth, but poured cold water on any […]
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition we take a look at the third generation of De Brauw’s private equity group and how domestic and regional firms in Ukraine may look to reshape after the war. De Brauw has entered […]
Litigation firm CANDEY appears before the Solicitors Disciplinary Tribunal (SDT) this week, alongside former partner Richard Morris, over allegations of anti-money-laundering (AML) failures. The matter regards a £24m deal for a Northumberland country estate in 2015. No actual fraud or money-laundering has been identified. The SRA alleges that the firm and Morris, who left for […]
Cleary Gottlieb Steen & Hamilton, which up until 18 months ago had steered clear of the lateral hiring market, has added a new London partner from Kirkland & Ellis. Alexander van der Gaag is joining Cleary from Kirkland’s debt finance team. He worked at Kirkland for nine years, arriving as an associate from Baker McKenzie. […]
Clarke Willmott is assessing the environmental footprint of its offices, with the firm collecting information on its staff’s route to work and an expected relocation in Cardiff. The firm is gathering data from its employees to improve the accuracy of emissions data that the firm holds. A survey has been created with the firm’s consultants, […]
