A number of the UK’s largest law firms have started to repay UK Government money that was used to put some of their headcount on furlough. Osborne Clarke, Herbert Smith Freehills, Charles Russell Speechlys and Bevan Brittan have all confirmed that they have already repaid the funds obtained from the Government. Osborne Clarke had placed […]
After previously offering staff the chance to work remotely up to five days a week until 31 December 2020, Hausfeld has now formally extended its policy until mid-next year. Understood to be the first City firm to increase its timeframe until Easter 2021, the litigation specialist confirmed to The Lawyer that its offer of full-time remote […]
After making up three lawyers in London last year, White & Case has added nine new City partners in its latest round of promotions. The US firm promoted 40 lawyers globally, lower than last year when it added 45 to its partnership. In London six out of the nine new partners are women, with all […]
Digital bank Monzo’s head of legal is leaving the company, months after the exit of its chief legal officer Dean Nash. James Sullivan is leaving the app after more than one year, having first joined in March 2019 to support the company’s expansion plans for the coming years. Sullivan will become chief legal officer at […]
A number of the UK’s largest law firms have started to repay UK Government money that was used to put some of their headcount on furlough. Osborne Clarke, Herbert Smith Freehills, Charles Russell Speechlys and Bevan Brittan have all confirmed that they have already repaid the funds obtained from the Government. Osborne Clarke had placed […]
After previously offering staff the chance to work remotely up to five days a week until 31 December 2020, Hausfeld has now formally extended its policy until mid-next year. Understood to be the first City firm to increase its timeframe until Easter 2021, the litigation specialist confirmed to The Lawyer that its offer of full-time remote […]
After making up three lawyers in London last year, White & Case has added nine new City partners in its latest round of promotions. The US firm promoted 40 lawyers globally, lower than last year when it added 45 to its partnership. In London six out of the nine new partners are women, with all […]
Digital bank Monzo’s head of legal is leaving the company, months after the exit of its chief legal officer Dean Nash. James Sullivan is leaving the app after more than one year, having first joined in March 2019 to support the company’s expansion plans for the coming years. Sullivan will become chief legal officer at […]
Reed Smith has set up a programme to drive more active participation in the firm’s innovation efforts through new three-month teaching sessions. The programme, called Innovation Seasons, sees three months dedicated to a particular topic around emerging technologies and ways that the legal market is being disrupted. It is the brainchild of innovation manager Adam […]
The significance of the unstoppable growth of US-headquartered firms in London isn’t solely about jaw-dropping scale, although the size of headcount and revenue at some of these big City beasts is truly head-turning. Notably, several US firms have doubled down on their investment in London of late, and not just Paul Weiss. While the New […]
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 […]
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? […]
White & Case has hired a partner from Linklaters’ corporate practice in the latest move from the magic circle firm. Savi Hebbur joins White & Case’s London office. He acts on M&A deals and is also set to expand the firm’s India country practice. White & Case global M&A head John Reiss said: “Indian companies remain […]
