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Inflation figures prove the value of a good lawyer
The average price of legal advice to UK businesses rose by 4 per cent last year.
How does Taylor Wessing Wilson Sonsini sound to you?
Taylor Wessing is coming out of the pandemic on the back of strategic team hires aimed at powering growth.
Top 50 US law firms in London
Kirkland and Latham top the US 50 law firms in London table in 2020.
Introducing Signal, the latest innovation from The Lawyer
In-depth strategic insight and benchmarking of your markets, clients and competitors. Exclusive to subscribers. Four subscription channels to choose from. Coming early April 2021. To learn more about Signal and the upcoming content on the four subscription channels, click here.
McDermott hires Squires’ Singapore co-head for Asia expansion
1
Inflation figures prove the value of a good lawyer
The average price of legal advice to UK businesses rose by 4 per cent last year.
How does Taylor Wessing Wilson Sonsini sound to you?
Taylor Wessing is coming out of the pandemic on the back of strategic team hires aimed at powering growth.
Top 50 US law firms in London
Kirkland and Latham top the US 50 law firms in London table in 2020.
Introducing Signal, the latest innovation from The Lawyer
In-depth strategic insight and benchmarking of your markets, clients and competitors. Exclusive to subscribers. Four subscription channels to choose from. Coming early April 2021. To learn more about Signal and the upcoming content on the four subscription channels, click here.
Kirkland alumni club: Willkie secures double-partner hire in London
Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]
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The law’s own Super League is increasingly cut off from the rest
The leading City law firms have grown at more than double the speed of the wider UK legal industry.
Covid bonuses show which are the most generous firms
Looking at bonuses as a proportion of profits gives a better indication of law firms’ generosity.
In CVC, Freshfields has sport’s most interesting client
The private equity house is determined to become sport’s dominant player and the magic circle firm is making that goal a reality.
Fossil fuel law firms could end up being the heroes
Given the political direction of travel, the leading fossil fuel firms will soon be leading the market in renewables.
US firms are investing big in trainees – except for Simpson Thacher
American firms are training more and more of our lawyers – and that’s a good thing
An Irwin Mitchell IPO might make Mishcon think twice
If Mishcon does IPO, it risks being lumped in with the the rest of the listed firms.
Reed Smith leader to stand unopposed in upcoming elections
Reed Smith’s global managing partner Sandy Thomas is to be the sole candidate in the firm’s next leadership election, meaning his third term is practically secured. Thomas was reappointed to the role until 2021 after an uncontested election, and history is set to repeat itself this summer. It is understood that he communicated his intention […]
A&O scraps plans for Johannesburg support hub
Allen & Overy has decided against opening a legal services centre in South Africa, as it eyes opportunities in other global locations. The magic circle firm announced in late 2019 the decision to open a new centre in Johannesburg in the first half of 2020, but the launch was deferred in light of the pandemic. […]
Shearman lands A&O partner in latest City hire
Shearman & Sterling is to bring in a finance partner from Allen & Overy, The Lawyer can reveal, as the magic circle firm loses another member to a US competitor. Shearman has attracted partner Sanjeev Dhuna, who has spent his entire career at A&O. Dhuna operates within the leveraged finance group, in which he oversees […]
Irwin Mitchell hands out Covid bonus but holds off on partner paybacks
Irwin Mitchell is paying a three per cent bonus to its staff this month, but has yet to confirm whether it will be reimbursing partners who volunteered for a 10 per cent pay cut last year. The bonus comes as the firm seeks to reward employees for their contribution during the pandemic, while also repaying […]
Ashurst repays £89m Covid loan
The bulk of Ashurst‘s debt for the last financial year has already been paid back, The Lawyer has learned, with an £89m fee reimbursed to its lenders last summer. Ashurst increased its debt position from £20m to £131m last year, with the majority of finance taken from its revolving credit facility out of Covid-19-induced caution. […]
Reed Smith joins raft of firms handing out Covid bonuses
Reed Smith has approved a Covid bonus to its associates. The firm has notified associates across its global platform that it will award special 2021 bonuses across the spring and autumn. These bonuses are based on seniority, ranging from $12,000 to $64,000 in the US; the amounts elsewhere will be based on jurisdictions and currencies. […]
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