Slaughters is boxing itself into a corner
There is a beautiful sort of symmetry that can be found in Slaughter and May’s investment cycle. Either someone in Bunhill Row has done the maths, or by now it just comes naturally. A strict eye on partner headcount, coupled with a very, very slow revolving door, means that growth in each practice area mirrors […]
The West Country has its own Succession story
According to a recent study by Irwin Mitchell, Exeter is projected to be the UK’s fastest growth city in the next few years. It’s rather a shame for Irwin Mitchell that the closest it gets to Devon is an office in Bristol, but there are other firms that are champing at the bit. With little […]
Look what this divorce firm is doing
Wondering why your divorce instructions have dried up? Stowe’s arrived in town
At last, some good news for Shearman
Alas, poor Shearman. The news hasn’t been kind of late. However, the preliminary M&A rankings for 2023 will make for happy reading at the firm. According to data provided by the London Stock Exchange, the firm has so far worked on 36 public M&A transactions globally, valued at $31.3bn. That makes it the sixth most […]
Only the City benefits from the SFO
If the UK wants to get serious on white-collar crime, it needs to spend more
A £1.5m loss is okay in this market
Stalling margins could break the defendant insurance market
Financial year-end: Linklaters’ cash plummets by nearly £200m in three years
April is the busiest month as the end of the financial year looms. As firms rush to get bills out and paid, The Lawyer takes a deep dive into key financial hygiene and behavioural issues. The level of cash at Linklaters has fallen by 50 per cent over the past three years, more than any […]
Shoosmiths and Eversheds lead in Cath Kidston sale
Shoosmiths has been on call for retailer Cath Kidston, following its acquisition out of administration by Next. The firm worked with Cath Kidston’s administrators at PwC in the sale, with restructuring head James Keates at the helm alongside London partner Lee Sennett. Other members of the team included Birmingham-based principal associate Charlotte Broster, senior associate […]
Financial year-end: Capital calls expected as firms prepare for HMRC tax change
April is the busiest month as the end of the financial year looms. As firms rush to get bills out and paid, The Lawyer takes a deep dive into key financial hygiene and behavioural issues. Law firms are gearing up for the impact of an HM Revenue & Customs-led change to the way equity partners […]
Arm finalises its legal trio for bumper IPO
Three firms have been selected to work on chipmaker Arm’s highly anticipated IPO, The Lawyer can reveal. A team from Morrison & Foerster will be working on the issuing side in the US, with Slaughter and May allocated to the UK component. Davis Polk & Wardwell has landed the mandate on the underwriting side for the […]
BSB mulls action against barristers refusing to prosecute eco-protestors
The Bar Standards Board (BSB) is in the process of deciding whether disciplinary action should be taken against a group of barristers who have signalled their intention to disobey the cab-rank rule. Last week, a group called Lawyers Are Responsible issued a declaration that focused on the need for faster and stronger action for the […]
Weil on course for victory as CMA greenlights Microsoft’s $69bn merger
The Competition & Markets Authority has relaxed its stance on Microsoft’s proposed takeover of Activision Blizzard for nearly $69bn, in what will be welcome news for the IT giant’s antitrust lawyers at Weil Gotshal & Manges. Last month, the UK regulator said that the deal raised competition concerns in relation to both console gaming and […]
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