Keystone Law has concluded a convoluted process to launch a new office in Abu Dhabi, its first and long-in-the-making Middle East venture. The limited liability partnership Keystone Law Middle East LLP has now been approved by the Abu Dhabi Global Market, a local centre that houses three local authorities including the financial services regulator, the […]
DLA Piper has hired former Gibson Dunn & Crutcher partner Jonathan Earle, the firm’s second corporate hire in a matter of weeks. Earle left Gibson Dunn in January after more than five years at the US firm. He starts in September, with a focus on M&A across public takeovers and capital markets developed during his […]
Addleshaw Goddard has brought back a third of its furloughed employees, with partner profit distributions also being reinstated. Addleshaws confirmed that just over a third of employees that were furloughed have now returned to work (29 per cent full-time and 4 per cent part-time), with some additional workers rotated. The firm has not specified numbers […]
Mishcon de Reya, which shelved further discussion of a part-IPO in the latter half of 2019/20, has reported a 5 per cent increase in PEP to just over £1m. Average profit per senior equity partner (PEP) rose to £1.05m. This meant it was finally able to improve upon its £1m figure after previously hitting the […]
Keystone Law has concluded a convoluted process to launch a new office in Abu Dhabi, its first and long-in-the-making Middle East venture. The limited liability partnership Keystone Law Middle East LLP has now been approved by the Abu Dhabi Global Market, a local centre that houses three local authorities including the financial services regulator, the […]
DLA Piper has hired former Gibson Dunn & Crutcher partner Jonathan Earle, the firm’s second corporate hire in a matter of weeks. Earle left Gibson Dunn in January after more than five years at the US firm. He starts in September, with a focus on M&A across public takeovers and capital markets developed during his […]
Addleshaw Goddard has brought back a third of its furloughed employees, with partner profit distributions also being reinstated. Addleshaws confirmed that just over a third of employees that were furloughed have now returned to work (29 per cent full-time and 4 per cent part-time), with some additional workers rotated. The firm has not specified numbers […]
Mishcon de Reya, which shelved further discussion of a part-IPO in the latter half of 2019/20, has reported a 5 per cent increase in PEP to just over £1m. Average profit per senior equity partner (PEP) rose to £1.05m. This meant it was finally able to improve upon its £1m figure after previously hitting the […]
White & Case has announced its retention rate for September 2020. Of a cohort of 24 trainees, 21 were offered newly-qualified (NQ) jobs at the firm, with all accepting. Two are on fixed-term contracts. Seven trainees will not qualify into London but instead will join offices across the firm’s international network, in Abu Dhabi, Dubai, […]
It has been over four years since the UK first went into lockdown because of the Covid-19 pandemic. That’s four years since the world went crazy and stocked up on toilet roll, since staff had to bundle up their laptops and work on makeshift garden furniture desks, and since most of the nation actually looked […]
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, […]
One Essex Court has picked two of its silks to succeed Lord Grabiner KC, as he prepares to stand down as head of chambers after three decades. Sonia Tolaney KC and Daniel Toledano KC will succeed Grabiner as joint heads of One Essex Court, The Lawyer can exclusively reveal. It was announced last November that […]
Clifford Chance has unveiled a global promotions of 29, including 14 in its London office. The magic circle firm’s promotions are slightly lower than last year’s bumper global round of 32 and 37 in 2022. In the London office, five have been made up in its global financial markets group: Bryony Theaker, Isabella Mashru, Neil […]
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 […]
