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 […]
Dentons is to shut its Aberdeen and Watford offices, with its employees and partners set to work from home permanently from now on. The firm will vacate the two premises, with all partners and employees (consisting of 66 people all together) set to permanently work from home. The Aberdeen and Watford employees will remain at […]
The English courts have ruled against a former British spy in relation to allegations made in the so-called ‘Trump dossier’. The claim was brought by three Russian oligarchs as part of a global defamation battle against Christopher Steele’s company Orbis Business Intelligence. Mikhail Fridman, Petr Aven and German Khan brought the case against Orbis, which […]
Recent images of Soho aside, the nation’s pubs are still in for a rough ride, despite the Chancellor’s encouragement.
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 […]
Dentons is to shut its Aberdeen and Watford offices, with its employees and partners set to work from home permanently from now on. The firm will vacate the two premises, with all partners and employees (consisting of 66 people all together) set to permanently work from home. The Aberdeen and Watford employees will remain at […]
The English courts have ruled against a former British spy in relation to allegations made in the so-called ‘Trump dossier’. The claim was brought by three Russian oligarchs as part of a global defamation battle against Christopher Steele’s company Orbis Business Intelligence. Mikhail Fridman, Petr Aven and German Khan brought the case against Orbis, which […]
Recent images of Soho aside, the nation’s pubs are still in for a rough ride, despite the Chancellor’s encouragement.
The DWF news keeps on coming Plenty of news from DWF, as reverberations from the departure of long-time CEO Andrew Leaitherland continue. The most awkward bit of coverage was an attempt at PR that backfired – the firm trumpeted its scheme to help qualifying trainees, only to get backlash from sources who had rather different […]
To be in the global law market requires a strong City presence, of that there can be no doubt. The Lawyer’s US 50 report underscores just how vital London is; the multimillion-pound investments being made by US titans shows that growing in the City is not only advantageous, but essential. And yet. You might be surprised […]
$20m partners are rare, but they are multiplying. Paul Weiss, Kirkland, Davis Polk, Weil Gotshal and latterly Latham are reshaping their partner compensation for the big figure, stretched upwards from the $9m that Paul Weiss paid for Scott Barshay in 2016. As The Lawyer reported yesterday, even Cleary – Cleary! – is now considering it. […]
Power is largely siloed. When we look at the top 25 firms in The Lawyer’s UK200, partners drawn from the practices most identifiable with the firm’s culture almost always end up in the managing partner spot. There are two exceptions in Slaughters’ Deborah Finkler (disputes) and Pinsents’ Laura Cameron (health/safety), but firms have largely stuck […]
Every year we bid goodbye to famous old names from Britain’s legal scene. Whether by merger or misadventure in the last few years the likes of BLM, Coffin Mew, Ince, RadcliffesLeBrasseur and Taylor Vinters have made graceful or not-so-graceful exits from the ranks of the UK200. But every mighty tree that falls in the forest […]
If everyone puts their feet up for the rest of the year, Paul Weiss will feature above Covington, Morgan Lewis and Cleary Gottlieb in The Lawyer’s next iteration of its US 50 rankings based on headcount. That’s based on Paul Weiss’ current list of London lawyers, which numbers 117 when including some partners who are […]
Slaughter and May, Kirkland & Ellis and Paul Weiss Rifkind Wharton & Garrison have together banked nearly £25m on EP Group’s (EP) takeover of Royal Mail’s parent company, IDS. EP, owned by Czech billionaire Daniel Kretinsky, announced its intention to acquire IDS just over a month ago in May. The bid valued the distribution company […]
Taylor Rose MW has refreshed its leadership team with eight senior-level appointments including the firm’s first chief operating officer and first director of professional standards. The news follows what was a rocky 2023 for the firm after it launched a redundancy round last September to “carefully manage costs” in a difficult economic climate. According to […]
Stephenson Harwood’s revenue jumped by 16 per cent over 2023/24 to a record high figure of £264.2m. Alongside the revenue increase, the firm also saw a 10 per cent increase in net profit from £82.4m to more than £90m. The firm’s average profit per equity partner rose by 7 per cent from £725,000 to £775,000. […]
Macfarlanes has increased its pay for newly-qualified solicitors by £25,000, as UK firms respond to rates set by the magic circle last month. The City firm has upped pay for NQs from £115,000 to £140,000, a rise of nearly 22 per cent. This heaps pressure on firms that include Slaughter and May on £125,000 and […]
Perkins Coie is designing a training contract that aims to harness the flexibility of the Solicitors Qualifying Examination (SQE) and take up to a year off the traditional training contract route. The launch of a legal trainee programme in London is understood to have been signed off by the US firm and will be finalised […]