Litigation funding: Firms miss out as clients go direct
Corporates are increasingly going direct to funders with opportunities, meaning firms are last in on the conversation
The legal hub you didn’t know existed
It’s a 90-minute train journey to London and two hours from Bristol. At £29 per sq ft, grade A office rents are a third of the average £90 per sq ft City firms pay. And it has an abundance of lawyers. Slowly but steadily, Southampton is slipping into the mid-tier consciousness as a city in […]
Addleshaws is turning your lawyers into partners
Talk of associates losing faith in the partnership track is nowhere to be seen at Addleshaw Goddard, which recently unveiled its largest round to date. The partnership count is currently running at 429 – up 75 per cent from the 245 it housed back in 2019. Those promotions show a firm that is bullish about […]
Today’s not just A&O day
1 May is a big day for many in the legal industry, not just the thousands of people at Allen & Overy and Shearman who have now combined officially. Scores of lawyers become partners today after a wave of promotions, meaning that also – in the great circle of life – plenty of veterans are […]
The client mix at US firms is about to change
The significance of the unstoppable growth of US-headquartered firms in London isn’t solely about jaw-dropping scale, although the size of headcount and revenue at some of these big City beasts is truly head-turning. Notably, several US firms have doubled down on their investment in London of late, and not just Paul Weiss. While the New […]
Working for a City firm in the regions is so last year
It has been over four years since the UK first went into lockdown because of the Covid-19 pandemic. That’s four years since the world went crazy and stocked up on toilet roll, since staff had to bundle up their laptops and work on makeshift garden furniture desks, and since most of the nation actually looked […]
Uría Menéndez to close New York office in strategic shift
Iberian firm Uría Menéndez will close in New York when its Park Avenue lease expires, after more than three decades in the US. The firm runs with a small staff in New York of just three lawyers, led by office managing partner and corporate lawyer José Félix Zaldivar. Uría Menéndez felt its US strategy would […]
Lawfront strikes again as private equity buys up Manchester firm
Lawfront, the business backed by private equity firm Blixt Group, has made its eighth acquisition of a law firm, and its third in the last 12 months, as it continues its expansion. Manchester-headquartered full-service practice Slater Heelis is the latest to be acquired, with Farleys, Fisher Jones Greenwood and Nelsons the other large firms to […]
A&O merger: Prominent Shearman finance partner left ahead of go-live date
One of Shearman & Sterling’s London partner contingent left the firm ahead of its merger with Allen & Overy today. Leveraged finance partner Sanjeev Dhuna has not made the move to the new A&O Shearman. He joined Shearman during the firm’s hiring spree of 2021. Dhuna was previously at A&O, where he had spent the […]
The day the magic circle died: A&O Shearman combine
Allen & Overy and Shearman & Sterling officially tie the knot today after a year of client discussions, integration planning and team introductions. The firm brings together nearly 4,000 lawyers, including 800 partners, with combined revenues of approximately $3.5bn. It had long been the plan of A&O’s outgoing senior partner Wim Dejonghe to develop a […]
A&O banking partner to lead UK operations post-merger
Allen & Overy and Shearman & Sterling have unveiled two additional leadership roles ahead of their merger tomorrow. Denise Gibson, A&O’s leveraged finance co-head, becomes the managing partner for the UK business. A&O’s Dave Lewis meanwhile has been named as co-managing partner of the US along with Shearman’s Doreen Lilienfeld. Shearman’s senior partner Adam Hakki […]
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