Who loves you? 19-September-2008 In the unlikely event you haven’t noticed that the economy has been somewhat, well, turbulent recently, a new indicator emerged today: lay-offs at Freshfields. In the unlikely event you haven’t noticed that the economy has been somewhat, well, turbulent recently, a new indicator emerged today: lay-offs at Freshfields (see story). OK, […]
While the magic circle has won some mega-instructions from Wall Street’s woes, there is not much good news for the smaller elite firms in the Silver Circle. Other than a flurry of work advising clients on deals or investments connected to Lehman, the bank’s collapse looks set to be more bad news firms like Macfarlanes […]
Linklatersputs 20 partners on Lehman job” />The number of Linklaters partners advising on the Lehman Brothers UK administration has climbed to 20 in the space of five days – one of the biggest senior legal teams on an insolvency this decade. On Monday, the first day of the administration, eight partners were known to have […]
Judge Gary Hickinbottom, a former solicitor at McKenna & Co, now part of CMS Cameron McKenna, has been appointed to the High Court. Hickinbottom will be only the second former solicitor currently sitting in the High Court, from a total of 108 judges. Hickinbottom was a partner at McKenna & Co and was appointed as […]
Freshfields Bruckhaus Deringer has axed as many as four associates in its real estate group, becoming the first magic circle firm to make redundancies. A spokeswoman for the firm confirmed that “more than one, but fewer than five” associates had departed, but would not confirm the exact number. Tim Jones, chairman of the London management […]
There may be a financial crisis on Wall St, but there are new opportunities aplenty in North Carolina. In Charlotte, America’s second biggest financial centre and the home of both Bank of America and Wachovia, a whole bunch of firms are unnervingly upbeat while Wall Street collapses. The likes of Alston & Bird, King & […]
Kirkland & Ellis and Willkie Farr & Gallagher have snared lead roles on MidAmerican Energy’s $4.7bn (£2.6bn) acquisition of Constellation Energy. A Kirkland team, led by partners George Stamas and Mark Director advised Constellation while Willkie partners Peter Hanlon, Adam Turtletaub and Laurence Weltman advised Warren Buffet’s MidAmerican Energy. Kirkland has an existing relationship with […]
The cause of the current financial crisis on Wall Street runs much deeper and is far more complex than is commonly believed. The disastrous effects of the sub-prime mortgage fiasco is merely the final straw which broke the camel’s back. Sarbanes-Oxley, the ill-conceived, knee-jerk reaction to the accounting scandals of a few years ago, has […]
Position: 101=Firm: Winckworth Sherwood Turnover:… Position: 101=Firm: Winckworth Sherwood Turnover: £20.9mRevenue per fee-earner: £209KRevenue per lawyer: £230KRevenue per partner: £721KTotal number of fee-earners: 100Total number of qualified partners: 91Total number of partners: 29Total number of female partners: 0Total number of staff: 207
Position: 196=Firm: Warners Turnover: £6.5m… Position: 196=Firm: Warners Turnover: £6.5mRevenue per fee-earner: £118KRevenue per lawyer: £167KRevenue per partner: £382KTotal number of fee-earners: 55Total number of qualified partners: 39Total number of partners: 17Total number of female partners: 3Total number of staff: 131
Position: 196=Firm: Seddons Turnover: £6.5m… Position: 196=Firm: Seddons Turnover: £6.5mRevenue per fee-earner: £159KRevenue per lawyer: £186KRevenue per partner: £361KTotal number of fee-earners: 41Total number of qualified partners: 35Total number of partners: 18Total number of female partners: 2Total number of staff: 68
Position: 195Firm: Royds Turnover: £6.7m Position: 195Firm: Royds Turnover: £6.7mRevenue per fee-earner: £137KRevenue per lawyer: £210KRevenue per partner: £353KTotal number of fee-earners: 49Total number of qualified partners: 32Total number of partners: 19Total number of female partners: 3Total number of staff: 83