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 […]
KPMG Law has taken a hit in the City, after one of its partners has left the firm after only a couple of years to re-join his previous firm. Richard Needham has spent two years at KPMG Law, with a practice focused on international business reorganisations. He previously spent 15 years at Baker McKenzie, working […]
Partners continue to defect from ailing Axiom Ince, as a 17-strong shipping and insurance team leaves to join the London office of a major European law firm. The team, which includes seven partners from the legacy Ince business, has moved to Norwegian Big Five firm Wikborg Rein. The arrivals will boost the Nordic outfit’s shipping […]
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, […]
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 […]
KPMG Law has taken a hit in the City, after one of its partners has left the firm after only a couple of years to re-join his previous firm. Richard Needham has spent two years at KPMG Law, with a practice focused on international business reorganisations. He previously spent 15 years at Baker McKenzie, working […]
Partners continue to defect from ailing Axiom Ince, as a 17-strong shipping and insurance team leaves to join the London office of a major European law firm. The team, which includes seven partners from the legacy Ince business, has moved to Norwegian Big Five firm Wikborg Rein. The arrivals will boost the Nordic outfit’s shipping […]
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, […]
PEP has long been a marker for firms of profitability, efficiency, even excellency. Firms brandish them as badges of honour and headlines report on them every year. PEP up! PEP down! Firm bucks trends as PEP rises amid economic downturn! The obsession is rife, and has long been thought to showcase how well a firm […]
We’re all watching eagerly for the changes coming at Allen & Overy on 1 May as its merger with Shearman & Sterling finally goes live. But Addleshaws has its own significant change that day. Next Wednesday, Andrew Johnston will officially kick off his tenure as managing partner with longstanding incumbent John Joyce stepping aside. Addleshaws […]
There’s no doubt that firms are using non-UK growth to power their global figures. Of the 35 Top 50 firms for which The Lawyer has historical global revenue data, all but four saw higher growth outside the UK in the five years since 2019. Included in this group is Herbert Smith Freehillls (HSF), where London remains […]
Which law firms are private equity houses looking to invest in? The answer, if the conversations we’re having with managing partners are anything to go by, is ‘pretty much all of them’. Most regional firms of note have had speculative approaches at some time in the last five years or so, as private equity gradually […]
Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
Keystone Law, the poster child for the platform firm, is likely to break the psychologically important £100m revenue barrier in 2025. The success of this firm has spawned a new market, which is challenging traditional firms on the talent front. More than 3,500 lawyers now work across a variety of fee-sharing outfits, research from Atlas […]
The Court of Appeal has overturned a ruling made against Saudi businessman Sheikh Mohamed Bin Issa Al Jaber, in a claim brought by the liquidators of one of the Sheikh’s former companies, MBI International & Partners. Mishcon de Reya represented the Sheikh in the appeal, which was brought on the basis that Mrs Justice Smith […]
The High Court has ordered that the jurisdiction challenge in the $13.8bn dispute brought by jailed Russian businessman Ziyavudin Magomedov be heard this Autumn following a successful expedition application brought by the claimants. In December 2022, Magomedov was sentenced to 19 years in jail for embezzlement alongside his brother, having already spent more than four years […]
US firms Kirkland & Ellis and Latham & Watkins are leading on another US private equity acquisition of a London-listed company. This morning it was announced that US private equity firm Thoma Bravo has reached an agreement for Bidco to acquire leading UK-based cybersecurity company Darktrace. Darktrace is listed on the London Stock Exchange and will be […]
HSBC has prevailed in the £240m claim against it, which alleged deceit, conspiracy and joint tort-feasance against the banking giant. The case was listed as one of The Lawyer’s Top 20 Cases of 2024 and saw HSBC instruct Norton Rose Fulbright to defend two jointly managed actions being pursued by Edwin Coe and Stewarts on behalf of […]
Today’s savvy General Counsel (GCs) are facing a raft of challenges posed by tech, resourcing, and budget constraints, with in-house teams stretched beyond capacity. While some challenges offer opportunities for GCs to change their organisation’s approach – for example resourcing – how can GCs justify investment in their function when budgets are being slashed? […]
