Top 50 US law firms in London
Kirkland and Latham top the US 50 law firms in London table in 2021.
K&L Gates partner exits for investment company
K&L Gates has lost another longstanding City partner, this time to an in-house role. Corporate partner Stuart Borrie has joined Canadian investment management company Alberta Investment Management Corporation (AIMCo) as associate general counsel. The company’s overall legal team is led by Rod Girard, who is based in Canada. Borrie joined K&L Gates in 2002, having […]
White & Case and Latham lead as Saudi Aramco reveals IPO details
White & Case and Latham & Watkins have bagged roles for what could be the largest IPO in history for oil giant Saudi Aramco. After several delays, the Saudi company announced its intention to proceed with the float on the main market of Tadawul in Riyadh, publishing its prospectus yesterday. White & Case is named […]
Eversheds loses UK innovation head to private equity house
Eversheds Sutherland‘s UK innovation chief Andrew McManus has left to join private equity firm Bridgepoint, as firms increasingly deal with an ever fluid recruitment market around technology roles. McManus has joined Bridgepoint as its head of technology after a five-year stint at the firm. Having started as IT director in 2014, he had responsibility over […]
Four firms set for NHS battle over pharma drug
Top 50 US law firms in London
Kirkland and Latham top the US 50 law firms in London table in 2021.
K&L Gates partner exits for investment company
K&L Gates has lost another longstanding City partner, this time to an in-house role. Corporate partner Stuart Borrie has joined Canadian investment management company Alberta Investment Management Corporation (AIMCo) as associate general counsel. The company’s overall legal team is led by Rod Girard, who is based in Canada. Borrie joined K&L Gates in 2002, having […]
White & Case and Latham lead as Saudi Aramco reveals IPO details
White & Case and Latham & Watkins have bagged roles for what could be the largest IPO in history for oil giant Saudi Aramco. After several delays, the Saudi company announced its intention to proceed with the float on the main market of Tadawul in Riyadh, publishing its prospectus yesterday. White & Case is named […]
Eversheds loses UK innovation head to private equity house
Eversheds Sutherland‘s UK innovation chief Andrew McManus has left to join private equity firm Bridgepoint, as firms increasingly deal with an ever fluid recruitment market around technology roles. McManus has joined Bridgepoint as its head of technology after a five-year stint at the firm. Having started as IT director in 2014, he had responsibility over […]
The speed read: Kirkland v Links (again); BAME issues at the magic circle; and Reed Smith’s ABS
Reed Smith gets its ABS. What’s next? After two years of bureaucratic work and internal regulatory checks, this week Reed Smith finally received its alternative business structure (ABS) licence. The benefits are clear: the ability to bring in professionals without formal legal training (think consultants, operations directors, technologists); the capacity to obtain external cash injections; […]
Who’s in and who’s out at Barclays
Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
The platform firm has moved mainstream
Keystone Law, the poster child for the platform firm, is likely to break the psychologically important £100m revenue barrier in 2025. The success of this firm has spawned a new market, which is challenging traditional firms on the talent front. More than 3,500 lawyers now work across a variety of fee-sharing outfits, research from Atlas […]
Don’t wait for the climate crisis to come to you
Gibson Dunn & Crutcher, Gowling WLG and Norton Rose Fulbright’s London offices will all be under water in a few decades. This trio shares idyllic views overlooking the Thames, but they will all be submerged in the river by the year 2100 as climate change-induced sea level rises occur. And this is based on the […]
Welcome to your TikTok legal career
Talent churn is accelerating among the junior ranks with today’s associates more mobile than the generations before them. The concept of long-term professional loyalty is fading as Gen Z rises. These lawyers ask not what they can do for you, but what your firm can do for them. This generational shift in working attitudes is […]
Slaughters and Linklaters can breathe a huge sigh of relief
Hooray, big-ticket M&A is having a mini-revival and so are the firms that make so much of their money out of it. Already in 2024, major European M&A deals to have been announced include International Paper’s £5.8bn planned acquisition of London-listed packaging company DS Smith, which trumped another offer from rival Mondi. Other significant matters […]
Addleshaws, Eversheds and Simmons unveil partner promotions
Partnership promotions are continuing apace, with three City firms announcing a fresh new set of partners for 2024. Addleshaw Goddard has bumped up 26 lawyers this promotions round, which is the largest number of lawyers to make partner in one go in the firm’s history. The international firm’s partner count now stands at 429. Nine […]
Cooley defends Grindr in new High Court class action
Cooley is set to defend LGBTQ+ social networking and dating app Grindr in a High Court class action launched by Austen Hays, a new collective actions firm owned by Gateley. The claim alleges that Grindr is in breach of UK data protection laws for sharing sensitive data with third parties for commercial purposes without their […]
Euro 100 firm left reeling after rival’s six-partner raid
Norway’s Sands has suffered one of the largest mass defections in its history after six partners left to join Big Five firm Wiersholm in Trondheim. The hires bolster Wiersholm in a range of the firm’s key sectors, including marine law, renewables, technology, real estate and tax. The firm has committed to further growth over the […]
Bakers lawyers told to enjoy ‘spontaneous collisions’ in new hot-desk scheme
Staff at Baker McKenzie are being encouraged to sit next to co-workers outside their teams, in a bid to stop people from flocking to familiar faces on office days. Bakers’ seating scheme at its new London headquarters 280 Bishopsgate is intended to encourage workers to meet people with whom they would not normally interact. While […]
The Passport: Technological change is driving mergers across the Continent
Welcome to The Passport, your regular round-up of all the most important stories to come from the European legal market. In this edition, CMS Wistrand recently went live and its drivers were myriad, but one in particular stood out for us; Poland is dangerously underlawyered in one very particular area; and Pinsents has embarked on […]
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