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Eversheds to double turnover in Sweden with Södermark tie-up
Eversheds’ Stockholm office is merging with local commercial litigation specialist Södermark in a bid to double its Swedish turnover within a year.
SJ Berwin’s Blake: private equity will come back, but we have to diversify
In today’s economic climate, survival may not solely be about playing to one’s strengths, says Gavriel Hollander
The Hendy-man can
When he stood down as head of Old Square chambers in April John Hendy QC was hoping his workload would lighten slightly.
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Wragges sees dip in first-half turnover
Wragge & Co has experienced a slight drop in turnover for the first six months of the 2009-10 financial year.
Nine-strong CIS legal network gets off ground
A nine-member CIS network that launched at the beginning of November is planning to bring the alliance model into the 21st century, according to its chair.
Another ex-Kirkland partner joins Paul Weiss
Paul Weiss Rifkind Wharton & Garrsion has hired another in-houser into its partnership. Investment director at Blantyre Capital, Kai Zeng, is set to join Paul Weiss as a partner after over two years in-house. Blantyre Capital specialises in equity and debt special situations. Zeng was a restructuring partner at Kirkland & Ellis for sixth months […]
Ex-Cooley lawyer sent to SDT over “stalking”
A former Cooley associate is set to appear in front of the Solicitors Disciplinary Tribunal (SDT) over allegations of “stalking”. Matthew Howells was referred today (29 August) by the Solicitors Regulation Authority (SRA) for “conduct which amounted to the stalking of Person A” between 31 March 2022 and 8 July 2022. The regulator added that […]
Mishcon’s debt rockets to £40m after investment-heavy year
Mishcon de Reya’s borrowings have increased by more than ten fold over the 2023/24 financial year from £3.3m to £40m. The firm’s cash in the bank is £17.2m (down 10.2 per cent on the previous year’s £19.5m), meaning net debt at the firm stands at £23m. Speaking with The Lawyer, Mishcon’s chief operating officer Matt […]
Milbank’s hiring spree continues with White & Case joiner
Milbank has restocked its restructuring group after several departures this year, hiring a partner from White & Case. Ian Wallace joins Milbank after nearly 10 years as a partner at White & Case. He joined the firm in 2015 from Freshfields Bruckhaus Deringer where he trained. Wallace focuses on international restructuring situations including advising businesses […]
City firms urged to rescue trainees ahead of office closure
The chair of the City of London Law Society (CLLS) has issued a letter to member firms asking for help placing 10 trainees of a US outfit shutting its London office. US-headquartered Armstrong Teasdale is cutting ties with the English capital. According to the CLLS letter, four trainees at the firm are about to qualify, […]
UK Corporate 50 2024
This report contains: an overview of the UK corporate market in 2023 and the positive shift in mood among lawyers at top corporate practices ranking of the top 50 City firms based on UK corporate revenue, highlighting those achieving significant growth insight into firms’ strategic plans for its UK corporate group over the next five years
3VB AND TWENTY ESSEX: HOT ON THE HEELS OF THE MAGIC CIRCLE
This report contains: A history of the dominance of the magic circle sets an analysis of the two challengers to the magic circle a breakdown of the sets’ activity at the commercial court over the years
The European 100’s newest managing partners
This report includes: an analysis of 18 European 100 firms that have seen new managing partners since the start of 2023 a consultant’s top tips for an MP-t0-be an overview of the trends in the European 100 leadership selection
Litigation Tracker: Q2 2024 (Claims)
This dashboard: contains an overview of the claims at a selection of courts in the UK. allows you to compare activity at the courts in Q2 2024 against Q2 2023.
Litigation Tracker: Q2 2024 (Judgments)
This dashboard: contains an overview of the judgments at a selection of courts in the UK, Hong Kong, Singapore and Dubai during Q2of 2024. allows you to compare activity at the courts in Q2 2024 against Q1 2023.
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Ropes & Gray has been dithering
We hope it wasn’t Simone Biles that elevated Ropes & Gray’s longstanding interest in Paris into something resembling a decision this summer. But it’s certainly suspicious that after years of procrastination, Ropes’s thoughts have turned to France. You wouldn’t have predicted this a couple of months – and a hundred news cycles – ago, when the political […]
Osborne Clarke is moving in on Taylor Wessing
Both Taylor Wessing and Bird & Bird set €1bn (£858m) revenue targets in the summer. For Taylor Wessing, this means finding an additional £377m in revenue by its 2028 target date, while 2Birds needs £313m to hit its 2029/30 target. These firms are scaling up from a defensive position – they are contending with smaller […]
If Sidley hires full teams, it can lose them too
The City’s rush for leveraged finance talent has proven one thing – one partner just isn’t enough. Investments need to account for individual circumstances and performance. Why hire a sole rainmaker who might leave after three years when a team of five guarantees strength in numbers? This was critical in Sidley Austin’s thinking when it […]
The firm that could win the sports law gold
And just like that, the Olympics are coming to an end. A bit of a comedown for many, but not for the sports lawyers of Northridge Law. Within the space of two Olympic cycles, the sports boutique has cemented itself as, just possibly, the most heavyweight sports team in the country, hop, skipping and jumping […]
The UK has three new £100m firms
An old-school Lincoln’s Inn firm with royal connections. A media-savvy employment specialist. And a full-service regional outfit with a non-lawyer CEO. The similarities aren’t immediately apparent but Farrer & Co, Lewis Silkin and Birketts all passed £100m in revenue in 2023/24, leaving rivals trailing in their wake. That’s what’s so impressive about these three firms. […]
Bird & Bird litigation partner exits for Cooley
Cooley has expanded its commercial litigation practice with a hire from Bird & Bird. Bryony Hurst joins the US tech-renowned firm having previously been a partner in the dispute resolution team at Bird & Bird in London. Hurst spent over a decade at her previous firm and was promoted to partner back in 2017. Speaking […]
Post Office enlists lawyers after data breach
The Post Office has appointed a law firm to assist it with the aftermath of a data breach this summer, in which contact details of 555 Horizon claimants were mistakenly released. DAC Beachcroft is advising the company in a pre-action dispute with claimants who took the Post Office to the High Court in 2016. In […]
Kirkland set to grow in Germany with Gleiss Lutz pair
Kirkland & Ellis is poised to hire a financial restructuring duo from German firm Gleiss Lutz, following its launch in Frankfurt this month. Partner Christian Halàsz and counsel Friedrich Schlott, from Frankfurt and Düsseldorf respectively, are understood to be set to join Kirkland. Earlier in the month, the firm hit Latham & Watkins for key […]
Pinsents to track staff hours to combat burnout
Pinsent Masons is trialling a new system where staff working consistently long hours are flagged to senior staff. Through burnout alerts, bosses will receive a notification through a new time-tracking system if their employees are perceived to be overworking. A spokesperson for the firm commented: “We are in the process of trialling new resource management […]
Live Webinar: Retain Clients and Talent with Effective Resource Management
In today’s changing market, both client retention and talent retention are top priorities for law firms globally. During this expert panel session, we will hear from industry experts on leveraging strategic resource management to boost lawyer utilization and equitable access to opportunities, while lowering costs and ensuring DEI goals are met. Discover how real-time insights […]