Globalisation and its effect on a rapidly changing legal market led to the transformative tie-up between Allen & Overy and Shearman & Sterling, its leaders have explained today. Talking to The Lawyer, A&O senior partner Wim Dejonghe said: “I’ve been saying for a while there will be consolidation in the market. You need to be of […]
The Ince Group has been placed into administration following a year of audit delays, asset sales and a suspension of its shares. In an announcement to the London Stock Exchange today, the company noted that the “length of the auditing process has put pressure on cash flows to the business”, adding that its major creditors […]
In January 2016, The Lawyer embarked on a new project. We found five fresh-faced young newly-qualified solicitors and decided to follow them in their careers. Seven years on, we are revisiting them to find out how they are doing. Five is an admittedly small sample size, but their fates to date make for interesting reading. […]
This post has been updated with The Lawyer’s 2021 ranking of the top 100 European law firms by revenue. For many firms in Europe, the difficulties of 2020 turned out to be how to meet capacity when workflows roared back in the second half, and how to keep their staff motivated through waves of lockdowns […]
Globalisation and its effect on a rapidly changing legal market led to the transformative tie-up between Allen & Overy and Shearman & Sterling, its leaders have explained today. Talking to The Lawyer, A&O senior partner Wim Dejonghe said: “I’ve been saying for a while there will be consolidation in the market. You need to be of […]
The Ince Group has been placed into administration following a year of audit delays, asset sales and a suspension of its shares. In an announcement to the London Stock Exchange today, the company noted that the “length of the auditing process has put pressure on cash flows to the business”, adding that its major creditors […]
In January 2016, The Lawyer embarked on a new project. We found five fresh-faced young newly-qualified solicitors and decided to follow them in their careers. Seven years on, we are revisiting them to find out how they are doing. Five is an admittedly small sample size, but their fates to date make for interesting reading. […]
This post has been updated with The Lawyer’s 2021 ranking of the top 100 European law firms by revenue. For many firms in Europe, the difficulties of 2020 turned out to be how to meet capacity when workflows roared back in the second half, and how to keep their staff motivated through waves of lockdowns […]
UK firm Axiom DWFM is set to acquire The Ince Group, which was placed into administration this month. Ince said it intended to bring in the administrators following a year of audit delays, asset sales and a suspension of its shares. The group is to be sold to Axiom DWFM following weeks of speculation. In […]
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 […]
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 […]
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 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 […]
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 […]
Manchester United’s interim CEO and general counsel has left following another shake-up within the club’s executive ranks. Patrick Stewart served as general counsel at the club for over 18 years and stepped into the interim CEO role at the end of last year following the departure of Richard Arnold. Stewart completed his legal training at Burness and qualified in […]
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, 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 […]
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 […]
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 […]
