In 1999 The Lawyer launched its first full-scale analysis of the largest firms by revenue in the UK, the top 100. Back in 1999 the total value of the top 100 was around £5bn. Now that figure has increased by 186.5 per cent to £14.4bn. But the top end of the market is not the […]
Innovative changes to Canadian corporate law go a long way towards challenging its conservative reputation. Kevin Carroll provides a rundown of the main developments The conventional wisdom is that Canada managed to avoid the worst of the financial crisis and resulting recession because of its innate conservatism and aversion to risk. While that certainly fits […]
There are some moments that cannot be captured with mere words, where only a high-resolution colour photograph can record the true glory of what has unfolded. The look on CMS Cameron McKenna managing partner Duncan Weston’s face as he struggles to hold back a rising tide of vomit after swallowing a fish eyeball is one […]
Dewey & LeBoeuf has won a lead role advising Russian company Redbell on its purchase of oil company Timan Oil & Gas. Dewey assembled a London and Moscow-based team led by global head of banking and finance Bruce Johnston to advise Redbell on the deal. The acquisition comes after Redbell enforced security over shares held […]
Central European law firm Schoenherr has advised on a rare outbound transaction from a construction company in Turkey. Ankara-based construction company Renaissance Group was advised by Schoenherr on its agreement for a joint venture with Austrian construction company PORR. The deal provides Renaissance with the technical expertise to engage in large-scale infrastructure projects in North Africa, […]
Olswang media partner Dan Tench has been instructed by US shock jock Michael Savage to launch libel proceedings against the former Home Secretary Jacqui Smith. Michael Savage In May the Home Office named Savage as one of 16 people banned from the UK because they had been characterised as “preachers of hate”. The list included Mike Guzovsky, a […]
Two UK and two US firms have been drafted in to advise on the £836m recapitalisation of Canary Wharf Group owner Songbird Estates. Songbird’s longstanding adviser Slaughter and May was instructed by the property group, with partner Roland Turnhill leading a team that also included partners Rebecca Cousin and Philip Snell. Slaughters advised Songbird on its successful bid for […]
Stellar laterals and global coverage sees firm win big Disney, eBay deals. By Julia Berris Mort Pierce Dewey & LeBoeuf’s corporate group has got the autumn off to a flying start by securing two high-profile M&A mandates. Dewey M&A head Mort Pierce led Disney on its $4bn (£2.46bn) acquisition of Marvel Entertainment. The deal was […]
Roschier has a new-look leadership after its long-serving chairman stepped down to take a back seat at the firm. Tomas Lindholm The Nordic powerhouse, which has offices in Helsinki and Stockholm, will see Axel Calissendorff take over as chairman from Tomas Lindholm. Lindholm will stay on as chairman of the board and senior partner until […]
If you believe that the City bonus culture is now discredited, then you do not work at Cramer Pelmont. Alex Brassey In January the 35-year-old London firm had an injection of investment banking culture in the form of managing director Alex Brassey. Brassey’s vision for the former property-based outfit (now expanded to include company and […]
Freshfields Bruckhaus Deringer, Lovells and Slaughter and May have all reduced the maintenance grants for students on the fast-track City LPC Consortium, to be run by BPP Law School. The course takes seven and a half months to complete rather than the normal 10 months. Freshfields has reduced its grant by 17 per cent, from £7,250 to […]
A group of law firms has signed up to a new service aimed at giving young people access to legal advice. The pilot scheme is being run by the Children’s Society in Lambeth, Camden and Colchester, with a nationwide rollout planned for next year. The scheme enables children to call or email the Lawyers For Young People […]