CMS unveils 54-strong promotions round

CMS’s promotion numbers have ebbed slightly in its latest round seeing 10 elevated to the partnership in the UK and a total of 54 globally. In 2023, CMS promoted 65 lawyers to partner globally, with 16 of these in the UK, compared with 40 in mainland Europe. For this year the UK cohort is made […]

Allen & Overy

Another Milbank leaver exits for A&O

Another partner from Milbank’s financial restructuring team is set to leave the firm, this time joining Allen & Overy ahead of its merger with Shearman & Sterling. Karen McMaster is the latest partner loss from Milbank following last month’s news of a structured finance team led by partner John Goldfinch moving to Allen & Overy, soon […]

HSF promos 2024

HSF promotions: Eight make the grade in London

Herbert Smith Freehills (HSF) has promoted 27 lawyers to partnership, with eight making the grade in London. This year’s cohort is smaller than last year, when 32 promotions were announced, but it brings the figure back in line with pre-pandemic rounds. Over half of this year’s cohort has been promoted in the UK and Australia, […]

In court this week: SKAT, oligarchs and anti-suits

Mammoth SKAT case finally hits Commercial Court for longest-ever hearing The Danish Customs and Tax Administration (SKAT) begins its trial in the Commercial Court today (15 April), marking what is due to be the longest scheduled hearing in the Court’s history. One of The Lawyer’s Top 20 Cases of 2024, the 12-month trial will tackle […]

electric vehicle

Travers to ditch partner car scheme as it goes electric

Travers Smith is scouring the market for providers that will help it to replicate its employee electric car scheme for the firm’s partnership. In 2022, Travers became the latest firm to offer an electric car initiative for employees, which enabled interested staff to participate in a salary sacrifice scheme in order to lease an electric […]

Copenhagen, Denmark

Some firms have all the luck

For one firm, the pan-Nordic dream is dead. For another, it’s just begun. Hannes Snellman’s announcement that its Stockholm and Helsinki offices will be going their separate ways later this year represented the end of a strategic gamble that started 16 years ago. Back then, its leadership bet that opening in Stockholm (2008) and Copenhagen […]

stopwatch

Your managing partner is off on one again

It seems that one of the chief attributes of managing partners is wild optimism. You can’t move for law firm leaders committing their firms to hardcore five-year targets – particularly in the upper mid-tier, where we’re hearing of plans to double or even triple revenues by the end of the decade. We’d like some of […]

Bristol

Bristol has too many lawyers

What do Southend-on-Sea and Slough have in common? The answer is that they are the largest urban settlements in Britain without a UK200 law firm. The denizens of these benighted places have to make do without so much as a solitary capital markets lawyer to keep the wheels of commerce turning. Can you imagine? Perhaps […]

Analysis

Beyond the Bubble: Inside Brabners’ new strategy

North West: As revealed in The Lawyer on Tuesday, Brabners has kicked off a new three-year strategy. The last one certainly paid dividends, and newly-reelected managing partner Nik White was in ebullient spirits when he talked to Beyond the Bubble earlier this week. “It’s the power of 24,” he says cryptically, before explaining that “it […]

2024’s newest silks: Why we chose a career in law

A solicitor-turned-barrister and the Bar’s newest doctor KC; The Lawyer speaks to six of the Bar’s newest silks. The group was announced as KCs-in-waiting earlier this year, with 95 barristers in total getting the nod. Among the 95 were Crucible Law’s Clea Topolski – who having been called in 2014 – is the most junior of the set. […]

Latest Lateral Hires

Allen & Overy

Another Milbank leaver exits for A&O

Another partner from Milbank’s financial restructuring team is set to leave the firm, this time joining Allen & Overy ahead of its merger with Shearman & Sterling. Karen McMaster is the latest partner loss from Milbank following last month’s news of a structured finance team led by partner John Goldfinch moving to Allen & Overy, soon […]

Latest Opinion

law school library

Unlocking opportunities: Why universities must embrace the SQE

The legal landscape in England and Wales is rapidly transforming with the introduction of the Solicitors Qualifying Exam (SQE). This shift in the qualification process for legal professionals is reshaping the traditional route to becoming a solicitor, and by 2032, all existing routes will be officially phased out, making it the sole option for aspiring […]

In-house

Zurich

UBS and Zurich swap lawyers in new secondment scheme

Two Swiss powerhouses have collaborated to offer their in-house legal teams a two-way secondment programme. Private bank UBS and insurer Zurich Insurance have agreed to swap two secondees each for a three-month placement. Intakes happen in the spring and autumn of each year, meaning that four secondment swaps occur per year. The programme is spearheaded […]

SocGen

Société Générale GC exits after 17 years

European bank Société Générale has lost its general counsel after 17 years at the business. Sarah Linstead has announced that she has left the bank for financial services firm TP ICAP as general counsel for EMEA. Lindsay Sides, chief operating officer in the London legal department at Société Générale, has stepped up to fill the […]

Santander

City firms bag spots on Santander’s shrunken roster

Santander has cut its UK panel by five following the bank’s latest review of its roster. Originally a panel of 19, the roster of firms has been cut to 14. Firms that have made the cut include Slaughter and May and Allen & Overy, as well as Hogan Lovells and Addleshaw Goddard. A source told […]

Latest Litigation Tracker News

document assess inquiry

Spotlight: Hogan Lovells and its high-stakes investigations

This week on Spotlight, we take a look at the global investigations, white collar and fraud (IWCF) practice group at Hogan Lovells.  Hogan Lovells’ investigations, white collar and fraud practice: Globally, the practice group holds over 120 lawyers and operates in the UK, the US, Germany, Spain, France, China, Indonesia, Singapore, Australia, Mexico and Brazil.  Many lawyers […]

fintech mobile phone

Kirkland and Reed Smith lead as key FRAND case settles

Kirkland & Ellis and Reed Smith have taken leading roles in the settlement of the UK’s first “implementer-led” Fair, Reasonable and Non-Discriminatory (FRAND) action. The settlement was reached on 4 April and decided via a Tomlin Order, rendering the details of the parties’ settlement confidential. A first instance trial was set to heard tomorrow (12 […]

Claim spotter: EasyGroup takes on more “brand thieves”, while Barclays and NatWest team up

EasyGroup takes on “brand thieves” again in new suit EasyGroup, the owning group of budget airline EasyJet, has filed a part 7 “passing off and trade marks claim” in the Intellectual Property List, continuing its long-running campaign against what it calls “brand thieves”. Stephenson Harwood has been called in to represent EasyGroup in this latest […]

Talent

law school library

Unlocking opportunities: Why universities must embrace the SQE

The legal landscape in England and Wales is rapidly transforming with the introduction of the Solicitors Qualifying Exam (SQE). This shift in the qualification process for legal professionals is reshaping the traditional route to becoming a solicitor, and by 2032, all existing routes will be officially phased out, making it the sole option for aspiring […]