The coronation of Levine is assured, but DLA Piper can’t ignore Europe for much longer
Partners at DLA Piper have three days left to put their names forward to run against Simon Levine in the managing partner elections.
DLA Piper brings in academics to assess deals data
DLA Piper is collaborating with Imperial College London on a series of projects aimed at extracting value and generating insights from historical deals data. The initiatives, called Data Spark projects, are led by the firm’s EMEA and Asia Pacific director of innovation Adam Hembury and are designed to improve ways of working based on in-depth […]
Clifford Chance and Bakers secure $5bn deal to create third largest Saudi bank
Clifford Chance and Baker McKenzie have advised in Saudi British Bank’s (SABB) $4.9bn takeover of Alawwal Bank, creating the third largest lender in the Kingdom. Clifford Chance acted for SABB in Dubai, with a team led by M&A corporate partner Mohammed Al-Shukairy and senior associate Daniel Boyle. Bakers advised Saudi Arabian-listed bank Alawwal Bank alongside its association firm […]
Freshfields and A&O veterans among five new High Court judges
Freshfields’ Sarah Falk will take up a new role as a High Court judge today, alongside A&O’s Ed Murray.
Kirkland ramps up New York recruitment with Davis Polk hire
BT rewards diversity contest winner with panel spot
Three years after pledging to reward a panel firm for its diversity efforts, BT has made good on its promise and automatically reappointed one of its advisers. BT Group has crowned Addleshaw Goddard as having the best diversity and inclusion (D&I) track record among its existing legal panel, which automatically wins the firm a spot […]
A&O mulls sale of legal risk management business
Magic circle firm Allen & Overy is mulling a sale of its legal risk management division prior to its merger with Shearman & Sterling. Aosphere is part of A&O’s advanced delivery and solutions offering, which also includes A&O consulting and flexi-lawyer business Peerpoint. Divisions performed well over the last financial year, with revenue across this […]
Addleshaws leadership scramble begins as Joyce quits early
Addleshaw Goddard’s longstanding managing partner is to stand down from his leadership role one year early. John Joyce, the firm’s former head of business support and restructuring, has led the firm since 2014. He was re-elected for a second term in 2017 and then a third term was obtained during the Covid-19 pandemic. Joyce was always […]
Supreme Court keeps ‘tuna bonds’ litigation alive
The Republic of Mozambique has succeeded in keeping its litigation over the ‘tuna bonds’ scandal alive amid an attempt by Privinvest Shipbuilding to seek a partial stay of proceedings. The shipbuilding company was funded by a range of creditors, including Credit Suisse, to develop an exclusive economic zone around the Mozambique coast to develop tuna […]
CMS to plant the flag in Riyadh
CMS is the latest firm to launch an outpost in the Saudi Arabian capital. The Lawyer understands the firm has just received its licence to open from the Saudi government and is in the process of hiring a team. CMS joins a spate of firms that are looking to launch in Saudi Arabia. In July, […]
Global Litigation 50 2023
This report contains: ranking of the top 50 firms based on their global litigation revenue generated in the last financial year analysis of financials and headcount growth global trends in litigation over the past year
Global Top 30 in Europe
This report contains: a stratification of the 30 largest global law firms in Continental Europe based on partner headcount a look at what proportion of global partnerships are concentrated in Europe an analysis of firms’ presence in Europe’s five key financial centres
The In-House Sentiment Survey 2023
Read this report in order to understand: How key changes in the market are transforming the role of in-house teams Current attitudes and level of adoption of artificial intelligence tools Organisations’ approach to a flexible working culture Projected spend on external legal counsel over the next five years Feedback on quality of service received from […]
Real Estate: Recruitment Activity
Identify key recruitment trends in the real estate legal market across all sectors from The Lawyer’s proprietary jobs data Get critical data on firms that have hired most real estate lawyers and firms that have lost most real estate lawyers. Also see where a firm’s hires have come from and where a firm’s lawyers have gone […]
UK Corporate 50 2023
This report contains: an overview of the UK corporate market in 2022 analysis of financial performance at the top 50 City firms ranked by UK-generated corporate revenue a focus on the energy and infrastructure (E&I) sector which remains active during a year of deals slowdown
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There are too many lawyers to regulate
How many people does it take to keep lawyers honest? For the Solicitors Regulation Authority (SRA) the answer is 646. That’s how many people were employed by the body that regulates solicitors across England and Wales as of October 2022, with headcount having grown by nearly 50 since 2018. In turn, those 646 members of […]
Your offices are smaller, and yet more expensive
The reimagining of the office is a hallmark of the post-pandemic era. In 2022, law firms took 1.5m sq ft of space in London, a new record, according to Knight Frank. And this isn’t a phenomenon confined to the capital: from Glasgow to Plymouth, law firms are leading the climate-friendly office revolution. The upcoming The […]
In-house lawyers are bringing a pointy stick to a gun fight
Firms are starting to pour investment into legal tech, but the same cannot be said for their clients
Deloitte is getting its cheque book out
Deloitte is targeting growth outside of London, and it’s prepared to pay for it
The leaves are falling, and so are profits
Back in June, this column waxed lyrical about the coming of summer, swooping swallows, barristers sipping Pimms and the start of The Lawyer’s UK200 research. Well, summer’s gone and the roses have finished blooming. The swallows have returned to South Africa, the barristers are trudging into court and UK200 data analysis is at an end. […]
Burgeoning talent pool leads TLT to launch in Birmingham
A decade after its last flurry of UK office launches, TLT is set to open in Birmingham. It will be the seventh UK office for TLT, which has long maintained a UK focus while forging strategic alliances with European firms. TLT said it has plans to house around 60 people in the city, with the […]
Trowers’ borrowings double to finance investments
Trowers & Hamlins has increased borrowings from £6m to £11.3m to finance necessary investments to ensure it can remain independent. The senior leadership team told The Lawyer it wants to grow to retain and attract the best talent, but that it is not looking at a merger. The firm has instead been investing in new […]
Golden hello: Yorkshire firm offers signing-on bonus
Successful candidates who directly apply for a role at Yorkshire law firm Lupton Fawcett will now receive an onboarding bonus of up to 20 per cent of their annual salary. The initiative has been launched in an attempt to cut out the middleman – such as recruitment agencies and headhunting firms – to attract candidates […]
Quinn Emanuel recruits arbitration partner from Cadwalader
Cadwalader Wickersham & Taft has lost one of its disputes partners to another US rival in the CIty. Arbitration specialist Melis Acuner has joined Quinn Emanuel Urquhart & Sullivan after more than five years at Cadwalader. Before that she was at Skadden Arps Slate Meagher & Flom, which she joined in 2008 as an associate […]
DWF wins coveted Tesco panel place – as BCLP clings on
After nearly a decade of working with a single provider, Tesco has brought a second firm onto its property panel in its latest review. Traditionally reliant on Bryan Cave Leighton Paisner for real estate advice, the UK retailer has appointed DWF to advise on general asset management of Tesco’s property portfolio of over 3,000 stores. […]
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