With age joining the multitude of discrimination laws, firms should strive to put in place fair and effective dismissal procedures or risk having their dirty washing aired in public, say Clive Greenwood and Fergus Payne Forcing an individual to retire against their will has always required very careful handling, but the recent age discrimination legislation […]
Hammonds has turned to management consultants Bain & Co for its first non-executive chair, appointing Crawford Gillies. Gillies spent 23 years at Bain, where he was most recently managing director for Europe. He is also a director of the Department of Trade and Industry, and was previously chair of the Confederation of British Industry (CBI) […]
Video games company Mastertronic Group has hired its first general counsel, snaring Pinsent Masons IP senior associate Nav Sunner for the job. Sunner will support the company’s growth into wireless, mobile and console games, as Mastertronic branches out from PC game publishing. Sunner said: “It’s an interesting point in the company’s life to join. Lots […]
Freshfields Bruckhaus Deringer has scooped its second major water deal in as many weeks, announcing today that it is acting for the Colonial First State-led consortium bid of £2.2bn for AWG, the owner of Anglian Water. The news comes in the wake of the discovery that the Magic Circle firm is also acting for Terra […]
What do you do when you’ve time on your hands? If you’re former Shearman securitisation head turned Taylor Wessing partner Marke Raines, you fly your plane to Canada.
Raines, who joined Taylor Wessing in September and who has a commercial pilot’s licence, spent his year off flying his Piper Twin Commando, including a trip to Canada and back. Beats gardening, Tulkinghorn supposes.
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 […]
The High Court has ordered that the jurisdiction challenge in the $13.8bn dispute brought by jailed Russian businessman Ziyavudin Magomedov be heard this Autumn following a successful expedition application brought by the claimants. In December 2022, Magomedov was sentenced to 19 years in jail for embezzlement alongside his brother, having already spent more than four years […]
US firms Kirkland & Ellis and Latham & Watkins are leading on another US private equity acquisition of a London-listed company. This morning it was announced that US private equity firm Thoma Bravo has reached an agreement for Bidco to acquire leading UK-based cybersecurity company Darktrace. Darktrace is listed on the London Stock Exchange and will be […]
HSBC has prevailed in the £240m claim against it, which alleged deceit, conspiracy and joint tort-feasance against the banking giant. The case was listed as one of The Lawyer’s Top 20 Cases of 2024 and saw HSBC instruct Norton Rose Fulbright to defend two jointly managed actions being pursued by Edwin Coe and Stewarts on behalf of […]
Today’s savvy General Counsel (GCs) are facing a raft of challenges posed by tech, resourcing, and budget constraints, with in-house teams stretched beyond capacity. While some challenges offer opportunities for GCs to change their organisation’s approach – for example resourcing – how can GCs justify investment in their function when budgets are being slashed? […]
This reports contains: detailed analysis of 12 UK top 100 ‘City independents’ exploration of their growth trajectories and strategies amidst industry consolidation and rising costs analysis of increased specialisation within practice areas City independents firms’ efficiency
This report contains: five-year headcount growth analysis at the French firms in the European 100 an analysis of firms’ partnerships examining how long it takes to make partner at France’s elite firms
Read this report to gain insights into: The evolving role of in-house teams amidst market transformations Current attitudes and increased adoption of artificial intelligence tools Organizations’ continued emphasis on flexible working culture Projections for spend on external legal counsel over the next five years Enhanced feedback on quality of service from private practice law firms […]
This report contains: an overview of the history of UK and US firm in Russia an analysis of the opportunities, challenges and litigation brought on by sanctions regimes a summary of the firms acting in Russian litigation in London
This report contains: an analysis of 15 UK firms’ cash flow management and lock-up trends over the past five years lock-up correlated with profitability to demonstrate the impact of strong financial management for firms’ bottom line details on the adoption of technology by firms to make their financial management more efficient
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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 […]
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, […]
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 […]
White & Case has hired a partner from Linklaters’ corporate practice in the latest move from the magic circle firm. Savi Hebbur joins White & Case’s London office. He acts on M&A deals and is also set to expand the firm’s India country practice. White & Case global M&A head John Reiss said: “Indian companies remain […]
On Monday, an explosive trial between IBM UK and Swiss software developer LzLabs is set to commence for nine weeks, with Quinn Emanuel and Clifford Chance going head-to-head for their respective clients. Quinn Emanuel-backed IBM brought the lawsuit in 2021, alleging it is “inconceivable” that LzLabs could have developed its rival technology – which can […]
Northern firm Ward Hadaway is actively exploring mergers and expansion opportunities in England as it targets £100m revenue by 2034. The firm generated approximately £48m in the 2023/24 financial year, which means it is looking to grow approximately 100 per cent within a decade. A shorter term target of reaching £75m by 2029 has also […]
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 […]
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 […]
