Freshfields wins back Astrazeneca’s UK work

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Shaky strategies

We lead with two big-firm strategy stories this week. First there’s Freshfields, which is still suffering from a touch of whiplash after its shake-up. Its bid to refocus on its core area of corporate has effectively sidelined finance. The management is insistent that finance is still a key part of its offering, but the secret […]

Small mercies

Clifford Chance‘s move to raise associate salaries by a bit, but not too much (to allow top partners to earn more than £1.1m) has let its rivals off the hook, Tulkinghorn hears. “We were delighted,” confides a mole at Herbert Smith. “The pressure’s off. There was a bit of gloom from the associates, but some […]

Germans win out in Taylor Wessing promotions

Taylor Wessing has promoted 11 lawyers to partnership with the majority based in Germany. The firm has made seven partner appointments in Germany including four in Munich and one each in Hamburg, Frankfurt and Dusseldorf. In the UK Taylor Wessing has focused primarily on corporate and tax with the promotion of four partners: Ann Casey […]

Clydes follows BLG, Links, Lovells with LLP conversion

Clyde & Co will join the flurry of law firms converting to LLP status tomorrow (1 May), The Lawyer can reveal. The move, which the law firm has been preparing for over the past 12 months, comes after Clydes’ partnership took a formal vote at its partner conference in March. The firm’s chief executive Peter […]

Private equity: The American influence

European private equity funds have always had their own way of doing things. But now the US model is gaining popularity over here. By Marwan Al-Turki The private equity fundraising environment has been exceptionally strong over the last few years, with ever-larger funds being raised, including a large number of spin-offs and other first-time funds, […]

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