The Court of Appeal has dismissed an application by former Gibson Dunn & Crutcher partner Peter Gray to challenge a ruling that he “deliberately misled” the High Court in a case brought by the Republic of Djibouti.
This year is gearing up to be one of the most lucrative ever for the UK disputes market, with a record £25bn in dispute across The Lawyer’s Top 20 Cases 2017.
Clifford Chance, Paul Hastings and Pinsent Masons have won places on AIG’s UK panel after the insurer added two new sub-panels to the roster.
TPF has closed the financing of its maintenance and exploitation centre in the canton of Fribourg. The financing was partly made through a CHF40m private placement, a CHF32m secured bank loan and a CHF55m unsecured bank loan.
Walder Wyss advised TPF on the financing. The Walder Wyss team was led by Alexandre Both (Counsel, Banking & Finance) and included Nicolas Iynedjian (Partner, Lausanne), Thomas Meister (Partner, Tax) and Robert Desax (Managing Associate, Tax).
Portugal’s Abreu Advogados fell short of hitting the €50m revenue mark for the first time in its history after revenue surged by almost a fifth in last year. The firm’s top-line grew to €49.7m (£42.8m) from the previous year’s €41.7m. Managing partner Inês Sequeira Mendes praised the firm’s growth, but poured cold water on any […]
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition we take a look at the third generation of De Brauw’s private equity group and how domestic and regional firms in Ukraine may look to reshape after the war. De Brauw has entered […]
Litigation firm CANDEY appears before the Solicitors Disciplinary Tribunal (SDT) this week, alongside former partner Richard Morris, over allegations of anti-money-laundering (AML) failures. The matter regards a £24m deal for a Northumberland country estate in 2015. No actual fraud or money-laundering has been identified. The SRA alleges that the firm and Morris, who left for […]
Cleary Gottlieb Steen & Hamilton, which up until 18 months ago had steered clear of the lateral hiring market, has added a new London partner from Kirkland & Ellis. Alexander van der Gaag is joining Cleary from Kirkland’s debt finance team. He worked at Kirkland for nine years, arriving as an associate from Baker McKenzie. […]
Clarke Willmott is assessing the environmental footprint of its offices, with the firm collecting information on its staff’s route to work and an expected relocation in Cardiff. The firm is gathering data from its employees to improve the accuracy of emissions data that the firm holds. A survey has been created with the firm’s consultants, […]
This report contains: an overview of the current Commercial Court judges and the duties they carry out individual profiles outlining each judge’s career path and an analysis of the cases they advocated on and heard
This report contains: ranking of the 50 largest US firms by headcount analysis on the extent to which US firms are increasing their focus on UK-originated work and clients data-rich firm profiles Please note that headcount figures are for the year 2023
This reports contains: detailed analysis of 12 UK top 100 ‘City independents’ exploration of their growth trajectories and strategies amidst industry consolidation and rising costs analysis of increased specialisation within practice areas City independents firms’ efficiency
This report contains: five-year headcount growth analysis at the French firms in the European 100 an analysis of firms’ partnerships examining how long it takes to make partner at France’s elite firms
Read this report to gain insights into: The evolving role of in-house teams amidst market transformations Current attitudes and increased adoption of artificial intelligence tools Organizations’ continued emphasis on flexible working culture Projections for spend on external legal counsel over the next five years Enhanced feedback on quality of service from private practice law firms […]
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Some US firms in London tend to get all the headlines, and as you know who they are, we won’t bother namechecking them again. But there are others, a tad more under the radar, that have had a barnstorming year in 2023 and whose time in the limelight is now. Such as Willkie Farr & […]
The latest newly-qualified (NQ) salary rise from Freshfields Bruckhaus Deringer still managed to raise interest last week, despite the fact enormous pay hikes are the new normal these days and that even £150,000 isn’t unusual any more (as of last week, Quinn’s £180,000 tops the market alongside Gibson Dunn). But it is still significant because […]
European firms see more value in having a physical office in the Square Mile than they do in the Big Apple. Last week, Spanish firm Uría Menéndez became the latest to shut up shop in New York, having been there for 30 years. Uría was the final member of Slaughter and May’s fabled Best Friends […]
Thanks to Paul Weiss, Skadden and Kirkland & Ellis (but mainly Paul Weiss), Linklaters has a few empty chairs at Silk Street. One way a firm can replenish its ranks is through lateral hiring – enter Travers Smith corporate partner Richard Spedding – or internal promotions. Last month, a total of 14 lawyers were made up […]
Paul Weiss’ UK spending spree is far from over. Just a year ago, this firm was small fry among the US City titans. Cue an audacious carve-out of some of Kirkland & Ellis’ superstars last summer and everything changed. That initial raid (which included debt finance heavyweight Neel Sachdev and corporate star Roger Johnson) was […]
An Osborne Clarke partner is being referred to the Solicitors Disciplinary Tribunal (SDT) following a formal complaint made by Clifford Chance’s former UK tax head. In July 2022, ex-Clifford Chance partner Dan Neidle made headlines for a series of posts on the tax arrangements of leading Conservative politicians, including Nadhim Zahawi. He claimed that Zahawi had […]
Simmons & Simmons represented Barclays Bank in an $150m anti-suit and anti-enforcement injunction against Russian state investment bank, VEB. VEB was founded in 1922 as the first international bank of the USSR, and since 2018 it has been chaired by the country’s former deputy prime minister under Putin, Igor Shuvalov. The bank was represented by […]
Quinn Emanuel Urquhart & Sullivan has increased its salary for newly-qualified solicitors (NQs) to £180,000. The US disputes specialist’s other associate salaries will also rise when the move takes effect from June. A 1 PQE associate is set to be paid £195,000, while a 2 PQE associate will be on £220,000. For 6 PQE associates, […]
Quinn Emanuel Urquhart & Sullivan has lost its UK head of competition, a year and a half after he joined the firm. Lambros Kilaniotis left the firm in April, having joined Quinn from RPC (where he was head of competition) in January 2023 to co-head Quinn’s UK competition practice with partner Kate Vernon. In a […]
The latest episode of The Lawyer Podcast is out now. Last week, all eyes were on A&O Shearman, a union hailing Big Law and its future. But in this week’s episode, we consider why so many solicitors are pursuing another future: opening their own firm. A survey from Censuswide on behalf of Harbour Litigation Funding […]
