QC appointments hit six-year high with 113 new silks
A record number of barristers have been made up to silk this year, with 113 QC appointments announced this morning (12 January).
KWM suppliers pull contracts as Monday deadline looms
King & Wood Mallesons’ toilet paper supplier is one of a number of providers to pull its contract with the firm this week as it heads towards administration, The Lawyer understands.
Freshfields puts 180 assistant roles under review
Freshfields Bruckhaus Deringer has put 180 personal assistant (PA) roles into review with a vast number offered voluntary redundancy.
Ince launches in Marseille with double partner hire
Ince & Co is opening an office in Marseille, its third in France after Paris and Le Havre, with the hire of two local shipping and transport specialists.
My Pride Story: With increased visibility it’s easy to forget that success may not come so easily to some
This a self-indulgent piece written by an entitled middle-class university educated white male. I know that could be the initial thought for some reading this. We are all quick to make snap judgments and I have to remind myself of this. I want to crack the veneer of that appearance and look a little deeper […]
US 50 underscores tougher trading conditions in the City
Latham & Watkins has retained its position as the largest US-headquartered firm in the UK, with an estimated City growth rate of 4 per cent in 2022. Latham is thought to have generated $702m in London last year, the highest level of fee income ever achieved either by it or any US firm. However, the […]
Trainees find new homes after listed firm split-off
The majority of trainees left stranded ahead of the winding down of MJ Hudson’s legal arm have found new homes. So far, trainees have been split up among three firms: one to DLA Piper, two to Baker McKenzie, and an additional trainee to Haynes & Boone. Tenzin Woden joins an 11-strong team of partners and […]
Longtime Clifford Chance partner resurfaces at BCLP
Bryan Cave Leighton Paisner (BCLP) has hired David Dunnigan as a senior consultant in its corporate and finance transactions department. Dunnigan was previously at magic circle firm Clifford Chance for over 36 years, until he retired from the partnership at the end of 2021. He was also the global head of the capital markets practice […]
The Passport: Chiomenti revamps partnership after McKinsey review
In this week’s edition: Chiomenti redefines its partnership through the ‘Three Speed Concept’, Setterwalls introduces what it believes is the Nordics first-ever India Desk, and why Danish firm Lundgrens stripped back its offering and refocused around four areas. Chiomenti’s partnership speed change In the very first edition of The Passport, we wrote about how Italian […]
US 50 2023: the largest US firms by UK revenue
This report contains: analysis of the financial performance of the largest US firms by UK-generated revenue key metrics highlighting the fragmentation of the market individual firm profiles highlighting financial performance and strategy, hirings and exits, and deals and cases
Corporate: Recruitment Activity
Identify key recruitment trends in the corporate legal market across all sectors from The Lawyer’s proprietary jobs data Get critical data on firms that have hired most corporate lawyers and firms that have lost most corporate lawyers. Also see where a firm’s hires have come from and where a firm’s lawyers have gone to Compare the […]
Life sciences after Covid-19
This report contains: a brief look at the latest trends in life sciences sparked or accelerated by Covid-19 analysis of the main law firms working in the area across the spectrum of contentious and non-contentious practices insight into the 100 largest UK life sciences deals since 2020
Jurisdictional focus: Italian domestic firms
This report contains stratification of the market by firmwide headcount at the domestic Italian firms comparison to the international firms that are present there context for how the market has reached this point following the era of mass privatisation in Italy
The Bar Top 30 2023
This report contains: a ranking of the largest chambers by tenant headcount in the last financial year a look at the changes in headcount over the past year, barristers’ year of call, retention rates and gender diversity data from The Lawyer‘s Litigation Tracker offering insight into which chambers feature most in some of the main […]
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Ashurst will be next
You need a couple of attempts to crack America. For Allen & Overy, the O’Melveny negotiation was simply the appetiser before the main course. Ashurst, though, has had a few too many sharing plates. Who can forget the rejection of Latham? The talks with Fried Frank that led to the Ashurst managing partner defecting to […]
Less time for dirty laundry
Hybrid working has been a significant success for Big Law, with lawyers now used to being able to switch between meetings and the domestic chores. Yes, the working day might be longer, but it’s been more productive for both home and work life. Sadly, the washing may begin to pile up again, as new research […]
Four things we learnt from the magic circle’s promotions this year
All the magic circle’s partner promotions are in for 2023, so what’s interesting about those made up in London this year? Here are a few points that jump out. The magic circle is even less Oxbridgey than ever Just 30 per cent of the 46 new magic circle partners this year hailed from Cambridge (seven) […]
DACB should take a gamble on Vegas
Dodgy-looking characters losing thousands in the casino, sky-high fountain displays dancing in front of glitzy hotels, and George Clooney with his 11-strong mob breaking into vaults are sights you expect to witness in Las Vegas. And a recent holiday to Sin City did not disappoint – except the Clooney part, unfortunately. What was unexpected was […]
Is this all, Alex Chalk?
Access to justice remains a neglected ideal for this Government
Addleshaws, K&E and Skadden line up on Asda’s £2.3bn petrol station deal
Addleshaw Goddard and Skadden Arps Slate Meagher & Flom are among the firms that advised on Asda’s £2.3bn buyout of EG Group’s UK and Ireland businesses. The supermarket giant is buying EG’s operations that consist of 350 petrol stations and 1,000 food-to-go locations. The deal is expected to be funded by both debt and equity, […]
A&O Shearman: Five charts that tell us more
As partners at Allen & Overy and Shearman & Sterling prepare to weigh up the benefits (and challenges) of a merger, here are five charts showing what’s at stake. Drawing level on PEP A perennial problem for UK-headquartered firms looking to merge in the US is finding a partner of a similar profitability. Looking at […]
City talk: A&O’s Access win captures levfin lawyers’ attention
Few deals last year got the market talking as much as Access Group’s private debt refinancing, a bumper transaction involving 16 credit funds. In the past month, it emerged the software group had called in advisers again for a follow-on deal. The Lawyer understands that this time it was Allen & Overy that got the […]
BCLP makes global cuts in business services
Bryan Cave Leighton Paisner (BCLP) is cutting roles in its business services teams globally after an internal audit. The firm is making 47 of its business services positions redundant. The majority of the roles are based in the US with 34 people being made redundant across 17 of its offices in the country. A further […]
Bristows to open in Dublin
Bristows is set to open a hub in Dublin this summer to assist its quest to be the first firm through the doors of the new Unified Patent Court (UPC), opening 1 June 2023. The UPC will be a new patent court common to 17 European Union (EU) member states with exclusive jurisdiction over European […]
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