Top 50 US law firms in London
Kirkland and Latham top the US 50 law firms in London table in 2021.
⭐ Trainee retention 2023: live
All the latest from the 2023 retention rounds. For our 2022 live blog go here
Trainees in distress as MJ Hudson terminates contracts
Asset management consultant MJ Hudson is terminating the training contracts of its 12 trainee solicitors, The Lawyer has learnt, amid concerns over its financial viability. The Lawyer understands that the terminations, which will be effective as of the end of this month, include trainees at various stages of their contracts. Company concerns have been brewing […]
Ince finally collapses after a turbulent 12 months
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 […]
Slaughters joins Pannick KC on Activision Blizzard’s CMA fight
Top 50 US law firms in London
Kirkland and Latham top the US 50 law firms in London table in 2021.
⭐ Trainee retention 2023: live
All the latest from the 2023 retention rounds. For our 2022 live blog go here
Trainees in distress as MJ Hudson terminates contracts
Asset management consultant MJ Hudson is terminating the training contracts of its 12 trainee solicitors, The Lawyer has learnt, amid concerns over its financial viability. The Lawyer understands that the terminations, which will be effective as of the end of this month, include trainees at various stages of their contracts. Company concerns have been brewing […]
Ince finally collapses after a turbulent 12 months
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 […]
Cravath to launch long-awaited English practice with Shearman hires
In a major transatlantic development, Cravath is to offer English law services in London for the first time, hiring from Shearman & Sterling’s finance team.
Less time for dirty laundry
Hybrid working has been a significant success for Big Law, with lawyers now used to being able to switch between meetings and the domestic chores. Yes, the working day might be longer, but it’s been more productive for both home and work life. Sadly, the washing may begin to pile up again, as new research […]
Four things we learnt from the magic circle’s promotions this year
All the magic circle’s partner promotions are in for 2023, so what’s interesting about those made up in London this year? Here are a few points that jump out. The magic circle is even less Oxbridgey than ever Just 30 per cent of the 46 new magic circle partners this year hailed from Cambridge (seven) […]
DACB should take a gamble on Vegas
Dodgy-looking characters losing thousands in the casino, sky-high fountain displays dancing in front of glitzy hotels, and George Clooney with his 11-strong mob breaking into vaults are sights you expect to witness in Las Vegas. And a recent holiday to Sin City did not disappoint – except the Clooney part, unfortunately. What was unexpected was […]
Is this all, Alex Chalk?
Access to justice remains a neglected ideal for this Government
A&O/Shearman’s legal advisers show they mean business
If you need further evidence of Allen & Overy and Shearman & Sterling’s very serious intentions to merge, just look at which firms are sorting out the nitty gritty. First off, they did not seek M&A advice from their own – and therefore cheaper – partners. They went external, and to no less than Simpson […]
Ashurst will be next
You need a couple of attempts to crack America. For Allen & Overy, the O’Melveny negotiation was simply the appetiser before the main course. Ashurst, though, has had a few too many sharing plates. Who can forget the rejection of Latham? The talks with Fried Frank that led to the Ashurst managing partner defecting to […]
US 50 underscores tougher trading conditions in the City
Latham & Watkins has retained its position as the largest US-headquartered firm in the UK, with an estimated City growth rate of 4 per cent in 2022. Latham is thought to have generated $702m in London last year, the highest level of fee income ever achieved either by it or any US firm. However, the […]
Trainees find new homes after listed firm split-off
The majority of trainees left stranded ahead of the winding down of MJ Hudson’s legal arm have found new homes. So far, trainees have been split up among three firms: one to DLA Piper, two to Baker McKenzie, and an additional trainee to Haynes & Boone. Tenzin Woden joins an 11-strong team of partners and […]
Longtime Clifford Chance partner resurfaces at BCLP
Bryan Cave Leighton Paisner (BCLP) has hired David Dunnigan as a senior consultant in its corporate and finance transactions department. Dunnigan was previously at magic circle firm Clifford Chance for over 36 years, until he retired from the partnership at the end of 2021. He was also the global head of the capital markets practice […]
The Passport: Chiomenti revamps partnership after McKinsey review
In this week’s edition: Chiomenti redefines its partnership through the ‘Three Speed Concept’, Setterwalls introduces what it believes is the Nordics first-ever India Desk, and why Danish firm Lundgrens stripped back its offering and refocused around four areas. Chiomenti’s partnership speed change In the very first edition of The Passport, we wrote about how Italian […]
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