Merger negotiations between two firms of different sizes can be a tricky process. Here, a number of mid-tier managing partners give their view on how to win the hearts of potential smaller matches when on the acquisition trail.
The significance of the unstoppable growth of US-headquartered firms in London isn’t solely about jaw-dropping scale, although the size of headcount and revenue at some of these big City beasts is truly head-turning. Notably, several US firms have doubled down on their investment in London of late, and not just Paul Weiss. While the New […]
It has been over four years since the UK first went into lockdown because of the Covid-19 pandemic. That’s four years since the world went crazy and stocked up on toilet roll, since staff had to bundle up their laptops and work on makeshift garden furniture desks, and since most of the nation actually looked […]
We’re all watching eagerly for the changes coming at Allen & Overy on 1 May as its merger with Shearman & Sterling finally goes live. But Addleshaws has its own significant change that day. Next Wednesday, Andrew Johnston will officially kick off his tenure as managing partner with longstanding incumbent John Joyce stepping aside. Addleshaws […]
There’s no doubt that firms are using non-UK growth to power their global figures. Of the 35 Top 50 firms for which The Lawyer has historical global revenue data, all but four saw higher growth outside the UK in the five years since 2019. Included in this group is Herbert Smith Freehillls (HSF), where London remains […]
Which law firms are private equity houses looking to invest in? The answer, if the conversations we’re having with managing partners are anything to go by, is ‘pretty much all of them’. Most regional firms of note have had speculative approaches at some time in the last five years or so, as private equity gradually […]
Shearman & Sterling’s Italy head has left the firm to join White & Case, the day before the former’s magic circle tie-up with Allen & Overy goes live. Domenico Fanuele led both the Rome and Milan offices of Shearman, as well as the firm’s corporate practice and joins as a member of White & Case’s […]
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition we have four stories for you as we increase the volume and scope of our European content. Focus this week turns to CEE stalwart Kinstellar; Stockholm’s newly-founded finance boutique Re:Fi; a hire for […]
One Essex Court has picked two of its silks to succeed Lord Grabiner KC, as he prepares to stand down as head of chambers after three decades. Sonia Tolaney KC and Daniel Toledano KC will succeed Grabiner as joint heads of One Essex Court, The Lawyer can exclusively reveal. It was announced last November that […]
Clifford Chance has unveiled a global promotions of 29, including 14 in its London office. The magic circle firm’s promotions are slightly lower than last year’s bumper global round of 32 and 37 in 2022. In the London office, five have been made up in its global financial markets group: Bryony Theaker, Isabella Mashru, Neil […]
The Court of Appeal has overturned a ruling made against Saudi businessman Sheikh Mohamed Bin Issa Al Jaber, in a claim brought by the liquidators of one of the Sheikh’s former companies, MBI International & Partners. Mishcon de Reya represented the Sheikh in the appeal, which was brought on the basis that Mrs Justice Smith […]
