Addleshaw Goddard reveals autumn trainee retention
US firm Ropes & Gray also unveils figures.
Clifford Chance sets out new diversity goals for the next decade
Clifford Chance has unveiled a set of diversity pledges, covering gender, race and LGBT, as it aims to improve its credentials by 2030. On the gender front, the firm said it wants to increase its female partner representation to at least 40 per cent by 2030. However, according to the firm’s latest set of gender […]
Simmons promotes six new partners after Covid delay
Simmons & Simmons has announced its latest set of partner promotions, after opting to defer the decision earlier this year. The small collective of six marks a huge contrast to last year, when the firm promoted its largest round ever. In 2019, 15 lawyers ascended to the partnership, including eight in its City office. It […]
Disputes: the calm before the storm?
One legacy of the coronavirus crisis and the resulting economic downturn is likely to be an upsurge in litigation, particularly around insurance and contract
Russia Report could put the brakes on the Moscow gravy train
Yesterday’s report will make for uncomfortable reading for those who have grown practices on the back of Russian investment in London.
Lucozade manufacturer hires new GC from Diageo
Commercial and corporate lawyer Ewa Chappell has joined Suntory Beverage and Food GB&I as the soft drink manufacturer’s new general counsel. Chappell joins from the spirits and beers company, Diageo. Over her seven years with the company, she had gone from junior counsel to legal counsel in areas including global procurement and demand, Europe partner […]
The Passport: The battle for Caverion intensifies and Frankfurt beckons
Welcome to The Passport: your regular guide to all the most important and meaningful developments in the European legal market. This week, we’ve a Finnish double-header as we look at how Roschier is taking inspiration from its founder to empower a new generation of leaders in law, the deal turning heads in Helsinki, Cuatrecasas’ trans-Atlantic […]
Mishcon unveils latest round of partner promotions
Mishcon de Reya has announced its partner promotions for 2023, with seven lawyers joining the firm’s partnership. The firm has made seven promotions to junior equity partner, while another has been made an equity partner in the firm. In 2021, Mishcon tweaked its structure, which saw a large group of legal directors promoted to the […]
Osborne Clarke fills COO role after seven-year gap
Osborne Clarke is broadening out its chief operating officer function, having appointed investment funds partner Tim Simmonds to the role earlier this year. Simmonds has been a partner at Osborne Clarke since 2011 and was previously at legacy Berwin Leighton Paisner. His appointment as COO followed the election of real estate partner Conrad Davies as […]
HogLov and Slaughters take lion’s share of UK Infrastructure Bank work
The UK Infrastructure Bank (UKIB) has expanded its pool of external legal advisers, with Slaughter and May and Hogan Lovells among its key law firms. Since the start of 2023, the Leeds-based bank has issued contract awards for legal services to Slaughters, Hogan Lovells, Addleshaw Goddard, Ashurst, Pinsent Masons, Mills & Reeve and DLA Piper. […]
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.
The In-House Sentiment Survey 2022
We are pleased to present the key findings from The Lawyers’ In-house Sentiment Survey sponsored by Gowling WLG. Organisations across the UK are looking at the outlook for 2023 with an abundance of caution. The main question facing UK corporates and their legal teams in the next 12 months is not ‘are we headed into […]
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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
Pay rise, or one-off payment – what would you prefer?
Wage bills are climbing, and it’s not just because of the hefty pay packets of the lawyers. From the executive suite to the postal room, firms are dipping into their cash piles to raise wages for business service professionals (BSPs). How that cash is being dished out, however, reveals the social divisions that characterise the […]
Move over, Leeds. Birmingham’s overtaken you
For growth potential, firms are looking to the Midlands
You’re making your clients miserable
Junior lawyers might think it’s a haven away from the billable hour tyranny, but new research suggests that the in-house legal sector has reached peak crisis mode. The rising complexity of workloads, combined with deepening budget cuts and mis-matched legal resources, means burnout is now a set feature of working life for many senior in-house […]
Debevoise’s City revenue drops as global income stays flat
Revenue fell by 5.5 per cent at Debevoise & Plimpton’s London office last year, from $173m to $163.3m. Average revenue per partner in London was also down, by 16 per cent to $7.4m, while average revenue per lawyer in the City fell by 12.2 per cent to $1.3m. Globally, Debevoise narrowly avoided posting a drop […]
Kirkland expands ESG group with DLA Piper hire
Kirkland & Ellis has hired a partner in its ESG and impact practice group in London from DLA Piper. Rhys Davies previously served as DLA’s international sustainability and ESG lead. He spent 16 years at the firm and was given the nod to partner in 2017, while he was still in Perth, Australia. He relocated […]
Firms line up to advise on UBS’s takeover of Credit Suisse
Cleary Gottlieb Steen & Hamilton and Homburger are among the firms to have landed roles on the historic tie-up of Swiss banks UBS and Credit Suisse. The merger comes after the intervention of the Swiss Federal Department of Finance, the Swiss National Bank and the Swiss Financial Market Supervisory Authority, which intervened last week. It […]
Close Brothers sets up in-house litigation team
Merchant bank Close Brothers is to establish an in-house litigation team. The bank has set up a small litigation group led by head of bank legal, litigation, Jessica Wicker. It is understood that the group has been put together as the team works in a more structured and consistent way in relation to litigation. Wicker […]
Lawyers left in limbo as MJ Hudson leaves legal arm behind
Uncertainty looms for lawyers at MJ Hudson as the legal arm will not be included in the sale of the firm to a private investor, The Lawyer can confirm. Tower Gate Capital, a subsidiary of MJ Hudson, has agreed to sell its UK fund management business to a private investor via special purpose acquisition vehicle Khepri. […]
City talk: Banking lawyers can breathe a short sigh of relief
It’s been a hectic week for banking and finance lawyers, as clients swarmed for advice following the collapse of Silicon Valley Bank (SVB). Lawyers needed to act quickly and calm their clients after a rise in interest rates pushed SVB to the brink, with banking giant Credit Suisse going on to receive a capital injection […]
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