The Lawyer’s top 200 UK law firms revealed
The largest 200 UK law firms are revealed in The Lawyer’s UK 200 latest report.
PE house Oakley fills head of legal role with Simpson Thacher hire
Private equity firm Oakley Capital has brought in a Simpson Thacher & Bartlett associate as its new head of legal. The firm has hired Aaron Kienwald, who will lead on funds-related matters relating to its €3bn- worth asset portfolio. Kienwald spent almost five years in the London private equity funds practice of the US firm, […]
Barclays sets its sights on new panel of alternative legal providers
Barclays is looking to appoint a new panel entirely made up of alternative legal services providers. The process will kick off in the coming months and is expected to be completed by the end of the year subject to the current Covid-19 situation. For the first time, the bank is looking to include companies such […]
Lewis Silkin makes more Covid-19 cuts
Lewis Silkin has taken further measures to contain the growing challenges posed by Covid-19. The firm has agreed to temporarily suspend quarterly profit distributions. It has also cut salaries and reduced the work hours of a number of its associates, junior lawyers and paralegals across different practices. The decision comes as the firm recently furloughed […]
In court this week: Fraud, Mastercard and negligence with A&O, Gowling WLG and RPC
The Lawyer’s top 200 UK law firms revealed
The largest 200 UK law firms are revealed in The Lawyer’s UK 200 latest report.
PE house Oakley fills head of legal role with Simpson Thacher hire
Private equity firm Oakley Capital has brought in a Simpson Thacher & Bartlett associate as its new head of legal. The firm has hired Aaron Kienwald, who will lead on funds-related matters relating to its €3bn- worth asset portfolio. Kienwald spent almost five years in the London private equity funds practice of the US firm, […]
Barclays sets its sights on new panel of alternative legal providers
Barclays is looking to appoint a new panel entirely made up of alternative legal services providers. The process will kick off in the coming months and is expected to be completed by the end of the year subject to the current Covid-19 situation. For the first time, the bank is looking to include companies such […]
Lewis Silkin makes more Covid-19 cuts
Lewis Silkin has taken further measures to contain the growing challenges posed by Covid-19. The firm has agreed to temporarily suspend quarterly profit distributions. It has also cut salaries and reduced the work hours of a number of its associates, junior lawyers and paralegals across different practices. The decision comes as the firm recently furloughed […]
Dentons asks employees to work four-day week for six months
Dentons UK and Middle East LLP is asking all of its employees to work a four-day week for six months, with partner drawings reduced by 20 per cent for the same period. The firm has made the announcement as part of its wider package of Covid-19 measures, aimed at combating the financial impacts of the […]
HSF has sidestepped the talent wars
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 […]
PE acquirers should target these three firms
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 […]
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 […]
Linklaters and Slaughters lead on £31bn Anglo American bid
Linklaters and Slaughter and May are leading on BHP’s mega-offer for rival mining company Anglo American. It emerged this morning that Australian giant BHP had put forward an unsolicited proposal to Anglo American If the deal went ahead, it would be valued at around £31bn. Linklaters is on call for Anglo American as it discusses […]
Ex-Haleon GC moves to Saudi for Aramco role
The ex-general counsel of Haleon has announced that he has joined energy and chemicals business Aramco, which is based in Saudi Arabia. Bjarne Tellman was hired by GSK four years ago to prepare the company for the creation of Haleon, one of the UK’s largest corporate demergers in 20 years. The purpose of the demerger […]
The Lawyer Podcast: A&O Shearman’s five biggest challenges – and worst mistake
The wait is finally over. In just under a week, the transformational merger between Allen & Overy and Shearman & Sterling will go live. But while the deal is done, the job is only just beginning. On this episode of The Lawyer Podcast, editor Catrin Griffiths and litigation editor Christian Smith look at how the […]
Travers duo exit for Goodwin
A duo from Travers Smith is leaving for Goodwin Procter, as exits from the UK firm’s corporate team continue. Partners Ian Keefe and George Weavil are joining Goodwin’s private equity team. Their arrivals follow the exit of a team from Goodwin to Fried Frank Harris Shriver & Jacobson, led by partner Christian Iwasko. Both Weavil […]
Supreme Court tells Gazprom subsidiary to halt UniCredit claim
The Supreme Court has upheld an anti-suit injunction against a Gazprom subsidiary, potentially halting €440m proceedings in Russia. The Gazprom part-owned special purpose entity, RusChemAlliance (RCA), had brought a damages claim against the bank UniCredit in Russia concerning an aborted contract following Russia’s invasion of Ukraine. UniCredit instructed Latham & Watkins in its pursuit of […]
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