Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]
Bird & Bird has put salary reviews on hold, in the latest set of measures to contain the effects of coronavirus on its business flow. While reviews have been halted, the firm will reconsider them later in the year. In addition, management has decided to split its bonuses in half, awarding a first installment in […]
UK partners at Osborne Clarke have been subject to further reductions in pay, while staff are also in line for a cut in their salary. The measure, which will be in place starting in June for 11 months, adds itself to the existing deferral of 75 per cent of their quarterly profit distributions. In addition, […]
You probably don’t go into private practice with the ambition of advising on failures in private practice, but Pinsent Masons insolvency partner Steven Cottee has carved out quite the niche alongside financial advisory firm Quantuma. Administrations and pre-pack sales of small to medium-sized law firms have kept Pinsents and Quantuma ticking along over the years, […]
Willkie Farr & Gallagher has secured its long-awaited hire of two partners from Kirkland & Ellis, as they join former colleague Claire McDaid to expand its City private equity team. Gavin Gordon and David Arnold are to join Willkie in the City, following on from the firm’s hire of Dechert tax partner Jane Scobie last […]
Bird & Bird has put salary reviews on hold, in the latest set of measures to contain the effects of coronavirus on its business flow. While reviews have been halted, the firm will reconsider them later in the year. In addition, management has decided to split its bonuses in half, awarding a first installment in […]
UK partners at Osborne Clarke have been subject to further reductions in pay, while staff are also in line for a cut in their salary. The measure, which will be in place starting in June for 11 months, adds itself to the existing deferral of 75 per cent of their quarterly profit distributions. In addition, […]
You probably don’t go into private practice with the ambition of advising on failures in private practice, but Pinsent Masons insolvency partner Steven Cottee has carved out quite the niche alongside financial advisory firm Quantuma. Administrations and pre-pack sales of small to medium-sized law firms have kept Pinsents and Quantuma ticking along over the years, […]
Nearly a year since it hired Freshfields’ David Higgins to bolster its corporate offering in London, Kirkland & Ellis is to bring in two Linklaters partners to spearhead its move into the Paris market.
There is a beautiful sort of symmetry that can be found in Slaughter and May’s investment cycle. Either someone in Bunhill Row has done the maths, or by now it just comes naturally. A strict eye on partner headcount, coupled with a very, very slow revolving door, means that growth in each practice area mirrors […]
According to a recent study by Irwin Mitchell, Exeter is projected to be the UK’s fastest growth city in the next few years. It’s rather a shame for Irwin Mitchell that the closest it gets to Devon is an office in Bristol, but there are other firms that are champing at the bit. With little […]
Wondering why your divorce instructions have dried up? Stowe’s arrived in town
Alas, poor Shearman. The news hasn’t been kind of late. However, the preliminary M&A rankings for 2023 will make for happy reading at the firm. According to data provided by the London Stock Exchange, the firm has so far worked on 36 public M&A transactions globally, valued at $31.3bn. That makes it the sixth most […]
If the UK wants to get serious on white-collar crime, it needs to spend more
Stalling margins could break the defendant insurance market
Tune in for the the latest episode of The Lawyer Podcast, hosted by editor Catrin Griffiths and litigation editor Christian Smith. In the latest episode, we speak to a law firm leader about their partnership with Scottish ballet, while international editor Alex Taylor joins to discuss his recent trip to Norway. Finally, there’s a success […]
Latham & Watkins has bolstered its antitrust and competition practice by hiring a partner from Linklaters. Simon Pritchard makes the move, having spent more than 10 years at the magic circle firm. Before that, he was a partner in Allen & Overy’s antitrust practice. Pritchard has also served as the UK’s first senior director for […]
Investment manager M&G has hired a new general counsel ahead of the departure of longstanding head Alan Porter. Charlotte Heiss is joining M&G as its new general counsel and company secretary, as Porter prepares to leave after ten years in the role. Heiss joins from the Very Group, where she has been group general counsel […]
Firms including Clifford Chance, Hill Dickinson and Shoosmiths have secured spots on The Co-operative Bank’s legal panel. Clifford Chance is the only magic circle firm on the 10-strong list. It is joined by transatlantic, global firms such as DLA Piper, Eversheds Sutherland, Hogan Lovells and White & Case. Firms with more of a UK focus […]
April is the busiest month as the end of the financial year looms. As firms rush to get bills out and paid, The Lawyer takes a deep dive into key financial hygiene and behavioural issues. The level of cash at Linklaters has fallen by 50 per cent over the past three years, more than any […]
Shoosmiths has been on call for retailer Cath Kidston, following its acquisition out of administration by Next. The firm worked with Cath Kidston’s administrators at PwC in the sale, with restructuring head James Keates at the helm alongside London partner Lee Sennett. Other members of the team included Birmingham-based principal associate Charlotte Broster, senior associate […]
