Lengthy discussions over Arm’s multibillion-dollar listing proved fruitful for its advisers as the legal fees wracked up ahead of its Nasdaq float. Since Arm’s parent company SoftBank announced in February 2022 that plans to sell to NVIDIA had fallen through, all eyes were on Arm to complete its IPO now valued at $54.5bn (£44bn). For the […]
Pinsent Masons is ramping up investment in its EMEA corporate group as it aims to double corporate revenue by 2030. Though coy on a fixed figure, The Lawyer understands that internal targets would place the figure north of €100m in seven years’ time. To achieve this, Pinsents aims to significantly grow its corporate lawyer numbers […]
Akin Gump Strauss Hauer & Feld has lost one of its financial restructuring partners in London to Allen & Overy. Sophie Jermine joined Akin Gump in 2014 when a mass team joined from collapsing firm Bingham McCutchen. She was a counsel at Bingham, having started her career there in 2006. Her practice focuses on US-based […]
Dickson Minto and Freshfields Bruckhaus Deringer have joined a wave of firms lapping up deals in the life sciences sector, as illustrated by a series of transactions over the past few weeks. The secretive Scottish boutique has had a busy summer, firstly launching a new office in London following the departure of its City team […]
After a decade of little-to-no lateral hiring in London, Paul Weiss’ City recruits are close to reaching double figures. Here is the team it has assembled so far. The ringleader is finance powerhouse Neel Sachdev, whose main clients are private equity sponsors such as Bain Capital, HG and Warburg Pincus. A big revenue generator for […]
Two corporate partners – both formerly of Linklaters – are to join Paul Weiss Rifkind Wharton & Garrison’s London office along with Neel Sachdev’s Kirkland & Ellis team. Linklaters alumnus Roger Johnson is joining along with current Linklaters’ partner Will Aitken Davies. Johnson left Kirkland last month, having joined the US firm in 2016 from […]
CMS is carrying out a formal redundancy process among its associate ranks. The Lawyer understands the redundancies affect the firm’s corporate department and stem from a slowdown in transactional activity. In addition to this, many firms over-hired in the pandemic when activity levels were higher. This has led to pressure on teams to stay busy […]
Squire Patton Boggs has stated its intentions to be a serious player in European private equity as the firm makes a trio of partner hires in two key Continental markets. The most significant result of this is the launch of a new office in Amsterdam. The firm has hired corporate partner Jeroen Sombezki from Dutch […]
A Mishcon de Reya corporate partner has left the firm after two years to launch her own boutique. Angeli Arora joined Mishcon’s corporate practice in 2021. She previously set up practices in Africa and Hong Kong, serving as the regional leader for Africa at Dentons’ private equity practice from 2018 to 2021. Prior to Dentons, […]
Corporate teams from Slaughter and May, Mayer Brown and Burges Salmon have all used their network to land new deals for up-and-coming clients.
Advisers from Latham & Watkins and Skadden Arps Slate Meagher & Flom have led on US conglomerate Danaher Corporation’s recent acquisition of Cambridge-based life science innovator Abcam in a $5.7bn transaction. Since Abcam’s AIM delisting in December 2022, Latham is understood to have been working closely with the company’s executive board as it faced calls […]
The sale of DWF to private equity house Inflexion has so far racked up a combined legal bill exceeding £3m. According to public documents, DWF estimates that its legal advice fees will total £1.3m. This is far lower than its expected expenses for financial and corporate broking advice of £5.1m. DWF is set to leave […]