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Focused on issues facing the most active UK and US law firms in the City of London
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Latham & Watkins is set to lose a team of finance partners to Paul Hastings’ London office. The Lawyer has learned that finance partners Mo Nurmohamed, Ross Anderson, Karan Chopra and Rob Davidson are leaving Latham to bolster Paul Hastings’ finance practice. Nurmohamed and Anderson are both the heads of Latham’s London lender-facing team. Of […]
Scottish firm Brodies has increased its revenue by just shy of 20 per cent, reaching a new high of £98.5m. As such it is the largest of the independent Scottish firms remaining, with the likes of Burness Paull and Shepherd & Wedderburn yet to report. Many others such as Simpson & Marwick, Maclay Murray & […]
Herbert Smith Freehills is increasing the base rate of its newly-qualified lawyer salaries, having last upped pay for its junior lawyers in December. The firm will be increasing its London NQ base salary to £120,000, plus bonus, effective from today. The firm had increased these salaries back in December to £105,000. Alison Brown, executive partner, […]
Pinsent Masons is launching an office in Luxembourg after the acquisition of one of the country’s local firms. From today Pinsents is taking over Wildgen’s office, adding seven partners to the firm and 16 lawyers in the office. The office will be headed by partner, Michel Bulach. This brings the total number of Pinsents’ Continental […]
Today marks the official launch date of Clyde & Co’s merger with insurance firm and competitor BLM, a move that will transform the legal insurance market. It comes just over three months since partners from both firms voted the mega-deal through in March, after two years of covert discussions. Here are three graphs breaking down […]
Freeths is to supervise the design and implementation of a UK Government compensation scheme aimed at the original Post Office scandal victims. The national firm has been appointed by the Government to act on behalf of over 500 sub-postmasters who brought the landmark civil group action against the Post Office. Until earlier this year, this […]
Norton Rose Fulbright (NRF) has been hit for two energy partners in the City. Akin Gump Strauss Hauer & Feld has hired energy duo Daniel Giemajner and Matt Hardwick to its City office. Giemajner, who was promoted to partner in 2020, has a particular specialism in advising on the development and acquisition of mining assets, […]
Lawyers are enjoying their partner status for at least a decade before setting their sights on the next step up
As the world opens back up, it’s more important than ever to show what your firm has to offer
How can Mishcon fund its ambitious growth plans now its IPO has been put on ice?
At partner level, men are three times as likely to move firms than women
Criminal barristers deserve the full support of the profession
On a June day in 2022, The Lawyer visited several of Warsaw’s top international firms to see how this apparently thriving market is holding up four months after the launch of a war on its neighbour, Ukraine. What impact has the dramatic events of the past few months had on the city, its legal services […]
The criminal system is not a thought in most people’s minds until that day comes when you get a call from your child at university, who’s got caught with drugs on them. Or when you get home after a day at the office to find someone has broken in and stolen from you. Perhaps you […]
John Quinn talks leadership changes, global expansion and why Quinn Emanuel drafts talent like the NFL
Chambers across the Inns are considering how to publicise judgments after the Master of the Rolls, Mr Justice Vos, warned embargo-breaks could see sets being held in contempt of court. The Lawyer understands that many are actively tightening up their internal and external communication policies following a stern warning from Mr Justice Vos back in […]
Social care provider CareTech has been sold to a consortium, advised by Ashurst, in an £870m deal. Ashurst chair Karen Davies led the team representing Amalfi Bidco, a newly-formed company indirectly owned by Sheikh Holdings Group (Investments), Belgravia Investments and Kensington Capital, and funds managed and advised by THCP Advisory. Davies was supported by fellow […]
Two City firms took the leading roles on a merger of London’s west end landlords, advising on the creation of a newly-minted property portfolio which is being valued at around £5bn. The Lawyer has learned that Hogan Lovells was on hand for Shaftesbury, and was spearheaded by corporate partners Nicola Evans and Anthony Doolittle. Herbert […]
Transport provider Go-Ahead, which provides bus and rail services across the UK, is to be sold in a deal valued at nearly £648m. Herbert Smith Freehills has secured the mandate from client Go-Ahead, with partners Stephen Wilkinson and Caroline Rae at the helm, along with lead senior associate Charles Steward. Linklaters meanwhile is representing the […]
Kirkland & Ellis, Allen & Overy and Freshfields Bruckhaus Deringer are the law firms to have landed roles on a bid by a consortium made up of Apollo and Ambani’s Reliance Industries for retailer Boots. Under the offer, it is expected that its holding company Walgreens Boots Alliance will keep a minority stake. Since the […]
Herbert Smith Freehills, Slaughter and May and Shepherd & Wedderburn are the law firms that have won roles on the merger of London-listed Tullow Oil and Edinburgh-based Capricorn Energy to create a new Africa-focused oil and gas company. The newly-minted company is expected to be valued at £1.4bn. Shareholders in Capricorn will own 47 per […]
DLA Piper and DWF have landed roles on the administration of Manchester-based retailer Missguided, which was today rescued by Frasers Group. The Lawyer has learned online retailer Missguided instructed DWF after the company collapsed last week and a wind-up petition was launched. Restructuring and insolvency partner Natasha Atkinson is at the helm of the team […]
A Linklaters leveraged finance partner is departing for Willkie Farr & Gallagher’s London office, The Lawyer can reveal. The partner in question is Daniel Gendron, who will join the firm in September. Gendron has spent nearly 15 years at Linklaters. He joined the firm as a managing associate in 2008 and was given the nod […]
Kirkland has added two associates as partners from Fried Frank Shriver & Jacobson and Simpson Thacher & Bartlett in its City funds practice. Charles Cooper-Isow is a private equity associate, having been at Fried Frank since 2016. Qualifying in the same year in England and Wales, Cooper-Isow has six years’ post-qualification experience (PQE). He joins […]
Shearman & Sterling is boosting its leveraged finance practice with a White & Case hire, its fourth new partner joiner of 2022. Shameer Shah makes the move, having spent almost nine years at White & Case. His main practice focuses on acquisition finance and special situations across private credit, investment banks and other financial institutions. […]
Bryan Cave Leighton Paisner (BCLP) is losing one of its derivatives specialists to Reed Smith, The Lawyer can reveal. Tariq Zafar Rasheed is set to join Reed Smith’s financial industry group, with a particular emphasis on derivatives, derivatives clearing, prime brokerage arrangements and structured products. The Lawyer understands a group of associates will also be joining. Rasheed moves […]
Paul Hastings has hired its latest London partner from Morgan Lewis & Bockius, expanding its private equity team. Tom Cartwright joins the ranks of the firm in London after more than eight years at Morgan Lewis. Cartwright initially joined Morgan Lewis after he was poached from Taylor Wessing in 2014, with the remit of launching […]
Browne Jacobson, a firm with five offices across the UK, is to open its first base overseas later this month.
Linklaters’ client Camelot has failed to retain its licence to operate The National Lottery after the High Court ruled in favour of the Gambling Commission. Camelot’s licence, which it has held since 2009, is due to expire in 2024. Instead of an automatic renewal, the Gambling Commission ran a competition to find the next licensee, […]
There are many controversial things to have come out of the 1980s: shell suits, hair crimping, Cabbage Patch Kids. And, according to Mrs Justice Cockerill, the Quincecare duty. However, in her recent judgment in The Federal Republic of Nigeria v JPMorgan Chase Bank, N.A. [2022] EWHC 1447, Cockerill J confirmed that the duty plainly exists […]
The costs of Ed Sheeran’s High Court copyright battle over his 2017 chart topper ‘Shape of You’ have been revealed. Reading grime artist Sami Chokri, also known as Sami Switch, and co-writer Ross O’Donoghue must make an interim payment on account of £916,200 to singer-songwriter Sheeran plus several record producers and music publishers, Zacaroli J has […]
Boutique litigation firm Charles Fussell & Co has taken over as counsel for Neil Gerrard on cases that involve Dechert as co-defendants. Just last month, Mr Justice Waksman handed down a long and damning judgment in Kazakh mining company Eurasian Natural Resources Corporation’s (ENRC) case. This mammoth dispute is against Gerrard, Dechert and the Serious […]
How much can a barrister realistically expect to earn?
It is a common misconception that the Crown Court backlog arose during the pandemic. Unfortunately for many prosecutors, defenders and victims, this has been a growing issue for several years before we saw the devastating impact of the virus. The pandemic acted as a catalyst, taking a fault that was already present within the criminal […]
The former head of Linklaters’ competition practice, Christopher Bellamy, has been named by the UK Government as a Parliamentary Under Secretary of State in the Ministry of Justice. Bellamy left Linklaters at the end of 2020 and returned to Monckton Chambers as a door tenant. He worked at Monckton between 1970 and 1992, appointed as […]
Litigators from RPC and Matrix Chambers debated with a 5RB silk over the future of libel law yesterday, in an evidence session before the UK Parliament’s Justice Committee. The one-off hearing was held to investigate potential reform concerning strategic lawsuits against public participation – known in the United States as SLAPPs – something that the […]
A total of 75 lawyers globally have been given the nod to partner by Baker McKenzie, with three lawyers making the grade in its London office. Eight were elevated in its London office last year. While this year’s City cohort is smaller the firm made up a larger round globally of 75. This compares to […]
Magic circle firm Linklaters is to put financial sponsors at the heart of its Asia-Pacific operation after a strategy refresh led by regional managing partner William Liu. As part of the strategy, Linklaters is aiming to increase revenue by 10 per cent each year as well as making commitments to flesh out what the firm […]
Firms in the US, with workforces impacted by last week’s Supreme Court decision on abortion rights, are entering discussions with their medical insurers to determine whether they can cover out-of-state travel costs. The US Supreme Court last week overturned Roe v Wade, meaning it will be up to individual states to make decisions on abortions. […]
The record growth seen among swathes of US firms last year was echoed across Continental Europe, as 2021 saw the largest jump in combined revenue in the history of The Lawyer’s Euro 100 report. The combined revenue of all 100 firms for the 2021 financial year grew by roughly €1bn between 2020 and 2021, rising […]
Changes in legislation are sparking a surge in solar and wind energy projects across central and south-eastern Europe
International firms are making their presence felt in Ireland, undeterred by the twin challenges of Brexit and Covid-19
2020 was an unusual year for firms on the Continent, with revenues hit by the pandemic – but what is the big picture of how they are faring and how does the Euro top 10 compare to that of a decade ago?
Switzerland is fighting off rivals as it bids to remain the jurisdiction of choice
Global business is increasingly familiar with the prospect of short-notice public investigatory attention, whether from regulators, law enforcement, political forces or as a consequence of sanctions, and this can – in in some cases – devastate individual and corporate reputation.
Despite the fact that the threat of an investigation alone can be enough to paralyse a business, early warning signs are often missed and businesses can mistake an investigation risk for a reputation risk. Those who handle serious issues well are able to triage the issue at an early stage and identify its potential impact, […]
Analysis of recent fines suggests that environmental prosecutions are resulting in more substantial fines, especially for ‘very large organisations’.
On September 22, 2021, the Quebec government adopted Bill 64, An Act to modernize legislative provisions as regards the protection of personal information, enacting significant changes to the requirements governing the use and protection of personal information under various statutes, including notably the Act respecting the protection of personal information in the private sector and the Act respecting Access to documents held by public bodies and the Protection of personal information.
The Data Protection Authority in Hungary (Nemzeti Adatvédelmi és Információszabadság Hatóság), recently published its annual report which included details of a fine of €670,000 (HUF 250,000,000) being imposed on a bank. To date, this fine is the highest imposed by the Hungarian Authority.
Environmental, social and governance factors (ESG) alongside sustainability are hot topics in business right now. Employees are increasingly scrutinising what employers are doing to promote sustainability, not least in the benefits they offer.
In this podcast, Gowling joins leading global infrastructure and renewables market analysts Inspiratia to discuss innovation in the UK power purchase agreement (PPA) market, and whether the prices we see today are transitionary and if so, how PPAs can make such prices sustainable and meet the ever-changing needs of both offtakers and sellers.
Angolan Central Bank (Banco Nacional de Angola) Notice no. 9/22 of 6 April was recently published to establish special schemes for mortgage credit and construction credit.
After a challenging year, UK cities are gaining foreign investment and developing their presence on the global stage. How has the pandemic, COP-26 and officially leaving the EU impacted the value of investment in the UK from a global standpoint?
On April 7, 2022, Ontario released its first-ever Hydrogen Strategy (the Ontario Strategy), making it the latest province to address Canadian hydrogen sector growth through policy.
Ferry company P&O hit the headlines last month when it made 800 workers redundant via an online video call and with almost no notice.
Build to rent is a rapidly growing sector – and one with a lot of potential for developers and investors.
Klara Slater, a new tenant at 4PB, provides some tips for tackling the pupillage application process and making the most of your first six when you get there.
Making partner is a great achievement, but how do you make the transition process as smooth as possible?
You know what they say about business… the key to getting your stones in the house is to have a skip who knows the rub of the sheet! If that makes any sense to you then you are a reader who certainly knows their sweep from their LSD. For those who are still bemused, the […]
I have often written about the need to find your natural voice in meetings, pitches and presentations. However, there are some occasions which are not about taking a leading speaking role and so this article considers the importance of being present even if you don’t have the lion’s share of the script. In business, aptitude […]
I am fairly confident in claiming that all of my readers will have engaged in some form of online performance whether that be via conference calls, Zoom/Teams/Meet pitches or comprehensive presentations to clients and wider audiences. This month I’ll look at that ever-present fear of engaging an audience we can’t see – or to put […]
Hands up if you know what your client does? Yes it may sound like an obvious question. Of course you know what your client does. You’ve got an inbox full of correspondence and work briefs to attest to the fact. You’ve been working with them for X amount of years and you’ve always got along […]
