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Silicon Valley

Four reasons why Freshfields’ Silicon Valley launch affects the City

For a UK-headquartered firm, launching in Northern California is high-risk and high-impact. Unimaginably, a firm from the magic circle – that supposedly fragile, fading band – has opened its doors with seven senior lawyers, having lured not only prominent capital markets partner Sarah Solum from Davis Polk, but at the same time Boris Feldman, a […]

DWF Manchester

Further cuts expected as DWF launches UK redundancy process

After providing the City with a trading update this morning, DWF is now entering the early stages of a consultation process in its UK operations. The consultation affects professional staff in its business services division. It is understood that the exercise puts around 15 to 18 positions at risk. The latest set of redundancies follows significant […]

DWF “cautiously optimistic” in firm’s latest trading update

The operations discontinued by DWF in the last 12 months generated a loss of £4.5m, the firm said today in its recent trading update to the City. Alongside this, DWF confirmed its revenue has grown by 12 per cent to over £300m, in a turbulent end to the year that also saw a switch-up in […]

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