The 60 second interview: Watch out for the Amazon of law firms
LOD co-founder Simon Harper talks to The Lawyer ahead of this year’s Business Leadership Summit, which focuses on the law firm of 2025.
The global financial crisis, 10 years later
Ten years ago this week, Northern Rock collapsed. It was the start of the global financial crisis in the UK – the effects of which are still felt now.
Inside the Lehman collapse: Nine years on, what have we learned?
Paul Hastings partner David Ereira acted for Lehman Brothers administrator PricewaterhouseCoopers while he was at Linklaters in 2009. Here, he tells the story behind the collapse and what we can learn from it almost a decade later.
Clydes loses sinking ship sabotage case
Clyde & Co has failed to dismiss allegations against a client accused of deliberately scuttling a vessel to recover $22m (£17m) in insurance.
Pinsent Masons breaks from China alliance firm Hesen
Pinsent Masons has ended its alliance with Chinese firm Hesen after a six-year relationship with the construction boutique.
Proskauer boosts City office top line to new peak
Total revenue in Proskauer’s City office rose by 6 per cent in 2022, with its work for the firm’s core asset manager client base taking turnover from last year’s peak of $124.5m to a new record of $132.2m. The rise is in line with a similar 6.1 per cent increase globally, with Proskauer’s firmwide revenue […]
Second Linklaters partner departs for Cleary
One of the co-heads of Linklaters’ financial sponsor leveraged finance practice has left the firm for Cleary Gottlieb Steen & Hamilton. Ed Aldred is a Linklaters lifer. He has spent nearly 21 years at the firm and was given the nod to partner in 2013. He joins Nick Rumsby, another former Linklaters partner, who moved […]
Deutsche Bank launches training contracts
Deutsche Bank is the latest in-house outfit to take on its own trainees, starting with the launch of four training contracts in a few months’ time. The programme will be overseen by the bank’s general counsel for UK and Ireland, Simon Man. Man has worked at Deutsche Bank for over 20 years and is a […]
Weil boosts infrastructure PE team with Latham hire
Weil Gotshal & Manges has expanded its infrastructure private equity practice, hiring a partner from Latham & Watkins. Brendan Moylan is joining the firm, having spent over four years at Latham & Watkins. He previously spent nearly 20 years at Clifford Chance and trained at Sydney-based Allens. The move comes after Weil Gotshal infra partners […]
Travers and Simmons lead broking tie-up between finnCap and Cenkos
Travers Smith has advised City stockbroking client finnCap Group on its all-share merger valued at £43m with Cenkos Securities. The tie-up between the two rivals creates a new full-service advisory firm for investment companies. Corporate M&A and ECM partner Adrian West led the Travers team representing finnCap. He was supported corporate M&A and ECM senior […]
UK 200 Operational Health Check
This report includes: an overview of HMRC’s basis period reform and the new rules for the transition year the impact of this change on firms and their equity partners analysis of the extent to which a consensus has been reached on the most effective ways of preparing for the new rules.
The 411 on Leeds
This report contains: a stratification of the 26 UK Top 100 firms, plus three key Independents, present in Leeds a breakdown of headcount and growth data for all 29 firms commentary of the key challenges and opportunities for firms in the city
The Nordic 50
This report contains: ranking of the Nordic 50 firms on a headcount basis analysis of the four jurisdictions in the region gender diversity at firms in the Nordic region in focus.
International Litigation Tracker: End of year 2022
This report contains An overview of cases heard at the courts in Dubai, Singapore and Hong Kong Jurisdiction specific profiles
Under the hood of Eversheds Sutherland, the UK’s largest litigation practice
This report contains: an overview of Eversheds Sutherland’s litigation practice in the UK analysis of financial performance and headcount metrics a detailed look at the firm’s national approach a breakdown of the firm’s four core disputes practices.
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Only the City benefits from the SFO
If the UK wants to get serious on white-collar crime, it needs to spend more
A £1.5m loss is okay in this market
Stalling margins could break the defendant insurance market
Partners aren’t going to like this tax bill
How equity partners are taxed is being reformed, piling pressure on firms’ financial reserves
Thanks to the competition lawyers, the busiest team in your firm
As the markets uneasily shook into 2023, much attention was given to the role of restructuring lawyers and the need for firms to bolster their teams. However, there’s an area that’s shown little sign of dwindling in a slowdown: competition. There are plenty of US firms with sizeable, or longstanding, competition practices in London, namely […]
Anything Clifford Chance can do, Norton Rose wants to do better
Law firms are well-accustomed to a bit of friendly – and sometimes unfriendly – rivalry. How else are they to remain competitive in such a merciless market? The ongoing talent wars means firms must be sharp about talent retention, whether that means upping the cash stakes, hastening the track to partnership or getting vocal about […]
Hiring another firm’s managing partner? Surely not
It sounds mad, but this very thing happened twice in Scandinavia late last year
Proskauer boosts City office top line to new peak
Total revenue in Proskauer’s City office rose by 6 per cent in 2022, with its work for the firm’s core asset manager client base taking turnover from last year’s peak of $124.5m to a new record of $132.2m. The rise is in line with a similar 6.1 per cent increase globally, with Proskauer’s firmwide revenue […]
Second Linklaters partner departs for Cleary
One of the co-heads of Linklaters’ financial sponsor leveraged finance practice has left the firm for Cleary Gottlieb Steen & Hamilton. Ed Aldred is a Linklaters lifer. He has spent nearly 21 years at the firm and was given the nod to partner in 2013. He joins Nick Rumsby, another former Linklaters partner, who moved […]
Deutsche Bank launches training contracts
Deutsche Bank is the latest in-house outfit to take on its own trainees, starting with the launch of four training contracts in a few months’ time. The programme will be overseen by the bank’s general counsel for UK and Ireland, Simon Man. Man has worked at Deutsche Bank for over 20 years and is a […]
Weil boosts infrastructure PE team with Latham hire
Weil Gotshal & Manges has expanded its infrastructure private equity practice, hiring a partner from Latham & Watkins. Brendan Moylan is joining the firm, having spent over four years at Latham & Watkins. He previously spent nearly 20 years at Clifford Chance and trained at Sydney-based Allens. The move comes after Weil Gotshal infra partners […]
Travers and Simmons lead broking tie-up between finnCap and Cenkos
Travers Smith has advised City stockbroking client finnCap Group on its all-share merger valued at £43m with Cenkos Securities. The tie-up between the two rivals creates a new full-service advisory firm for investment companies. Corporate M&A and ECM partner Adrian West led the Travers team representing finnCap. He was supported corporate M&A and ECM senior […]
Shell’s longstanding legal chief to step down
The legal director of FTSE 100 energy giant Shell is to hand over the reins after nine years in the role. Donny Ching is stepping down as its legal director, having been in the role since 2014. His 33-year tenure at the business will come to an end in June, when he will be replaced […]
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