The magic circle has a secret weapon, and that is breadth. And the UK leaders’ multiple, richly-staffed practice areas are starting to give them a helpful differentiation within the global elite. Megawatt firms such as Kirkland & Ellis, Paul Weiss or Simpson Thacher primarily operate in the vertical of asset management and private capital, a […]
Staying relevant is an unrelenting pressure among the mid-tier firms. Sustained growth is the preferred method for easing that pressure; the method for achieving growth, however, varies. For an example of how that looks in practice, look at the rising revenues being produced by the West Country duo, Foot Anstey and Clarke Willmott. This pair […]
Over the past year, Allen & Overy (A&O) has been getting ship-shape in readiness to merge with Shearman. A tie-up with a US firm might mean disgruntlement in London, though indicative data from Atlas by Codex Edge shows that exits remained steady during this potentially disruptive time. Over 100 lawyers left A&O’s London office over […]
Disputes lawyers are back in fashion, yet being a litigator can hinder a lawyer’s partnership prospects. Corporate lawyers are more likely to switch firms than their litigator friends, and they are rewarded for that by being made up to partner at a much faster rate, analysis from The Lawyer Practice Analysis shows. The snapshot view […]
Top of the priority list for Pinsent Masons’ new managing partner, Laura Cameron, will be a plan to reinvigorate growth. Last year’s firmwide revenue rise of 14 per cent disguises a longer-term growth malaise that is eroding the UK partnership ranks. Pinsents is facing a competition squeeze from peers that are ramping up international growth […]
US firm Katten Muchin has dug deep into its entertainment budget to host client drinks with podcast royalty Alastair Campbell and Rory Stewart, of the hit show The Rest Is Politics. They are understood to be able to charge tens of thousands for private appearances. The duo’s show is regularly on top of the charts […]
Allen & Overy and Shearman & Sterling have elected new leadership for the firm, ahead of the merger’s completion in May. A&O’s Khalid Garousha, who has been serving as managing partner since Gareth Price’s exit last summer, has been voted in as senior partner. He was formerly its regional head of the Middle East and […]
Dentons has secured a triumph for Marks & Spencer, safeguarding the retailer’s plans for its flagship store on Oxford Street. In a judgment handed down this morning, Mrs Justice Lieven ruled in favour of the supermarket on five of the six grounds it had brought against the Secretary of State (SoS) for Levelling Up, Housing […]
Hg Capital has hired its new general counsel from Paul Hastings, ahead of the departure of longstanding legal chief Andrew Jessop. Samantha McGonigle is to take on the top legal job at Hg, having joined Paul Hastings less than a year ago. A member of its private equity group, McGonigle started her career at Lovells, […]
Akin’s London revenue rose by 25 per cent over 2023, representing a bounce-back for the firm after turnover dropped the previous year. Over 2022, Akin reported a 6 per cent drop in its topline over what chairman Kim Koopersmith then described as a “year of investment”. The firm’s revenue had piqued in 2021 at $150m, […]
The Lawyer has updated security and added new features that can't run on this version of Internet Explorer in accordance with Microsoft's end of life notice for Internet Explorer 11.
Our digital products are fully compatible with all modern internet browsers, including Chrome, Firefox, Microsoft Edge and more. You will need to access The Lawyer in one of these.
If this message continues to display, please check your system settings and change your default browser or contact your IT team.