Horizon

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These are the M&A winners so far this year

The M&A rankings for the first half of 2024 confirmed one thing we already felt was true: that Linklaters and Slaughter and May have had a lot of acquisitive or targeted clients this year. According to data provided by the London Stock Exchange Group, the pair rank first and second respectively in terms of the […]

hour glass, running out of time, late

Stephenson Harwood is playing the long game

When Stephenson Harwood chief executive Eifion Morris set a target for doubling revenue to £400m by 2027, he knew it would be a tough challenge. “A profitable growth strategy will probably take more than individual lateral joiners and internal promotions to achieve,” he told The Lawyer back in 2021. This protective view came as the […]

Hill Dickinson and Paul Weiss have much in common

Many firms fancy themselves as market disruptors, but only a select few can truly claim that title. Paul Weiss is one of those rare exceptions. Over the past year, the firm has been aggressively expanding in London by recruiting top-tier laterals and offering them eye-popping salaries. This bold strategy has even forced competitors like Latham […]

Madrid

We love Spain, but not that much

It’s coming ho… No. Stop right there. Don’t say it. Stop thinking it. You know that you were. We’ve been here before. Don’t jinx it. Ollie Watkins gave England football fans a moment to savour on Wednesday night with a touch-and-finish so exquisite that it would not look out of place in any of this […]

Choice

At Linklaters, not all roads point to the US

Attention turned to Linklaters’ US advances when its financials were released this week, and tied into that, its well-publicised partner losses to US firms in London. Since last summer, four of its partners have joined Paul Weiss, although it feels like much more. Added on to that are the many Linklaters alum who swapped the […]

Money, pound, sterling, pay, salary, currency

The £30m sweet spot

No, don’t worry, Paul Weiss and Kirkland have not further stretched their partner compensation to £30m, so wipe away that bead of sweat that just appeared on your forehead. The £30m being referred to here concerns the UK’s independent firms – more specifically, the firms that have not reached this revenue milestone. There are 84 […]

Poaching staff

Start poaching planning partners

As Sir Keir Starmer settles into Number 10, so law firms must adapt to the new political order. With that in mind, it is worth taking note of a couple of lateral moves that have taken place in the mid-tier in the last couple of weeks. Alex Madden, the head of planning at South West […]

Bristol

Bristol is better than Manchester

The annual promotions round is a calendar highlight for many firms, but, for a growing number of junior lawyers, joining the partnership is no longer a career high. A recent LexisNexis report, Disloyal lawyers: has the partner track lost its lustre?, found a quarter of associates do not want to make partner in their current […]

target goal setting

It’s not just Freshfields with a growth manifesto

Firms love targets and lovely round numbers often form part of a new leader’s strategy for growth. This year alone, Ward Hadaway has set out plans to hit £100m by 2034, while Scottish firm Blackadders wants to hit £25m in 2025/26. But which firms are on course to hit new and exciting numbers when they […]

Map London

No, you’re in the best constituency

If you want a cacophonous, vicious, spectacularly partisan constituency competition, then Siena would have been the place to be this week. You’ll have seen it in Quantum of Solace: the palio – a three-lap horse race in which 10 of the city’s 17 wards, each with their own insignia, compete for glory and bragging rights. […]

Here’s every lawyer in the UK you can vote for tomorrow

Tomorrow, the country speaks. Let the chips fall where they may. Whatever your party affiliation, you have lawyers to vote for in this election – in fact, we’ve found no fewer than 193 of them standing. In a quartet of seats (Birmingham Ladywood, Finchley & Golders Green, Newark and Tottenham) voters even have a choice […]

shaking hands, deal

This isn’t a job for your HR team

In the last 12 months, the top 100 law firms in the UK have spent literally millions on lateral hires, bringing in a total of 12,177 new partners. Such hope. So many dreams. How many of them will actually work out? If you’re assessing return on investment then the usual response is to look at […]