As the first-ever Global 200 report, published next week, will highlight, while London remains one of the world’s legal market magnets many US firms either choose or are forced to remain small in the City and below the radar.
Back in the old days – remember those? – the core rationale for US firms to open up in London was to give their American-based partners a reason to visit during certain parts of the year. Let’s say, during Wimbledon fortnight
This week’s most-read stories featured a number of our long analysis pieces, beginning with an in-depth look at Slaughter and May’s strategy and whether it still stacks up in today’s global legal market.
Guy Hands’ Terra Firma Capital Partners has withdrawn its £2.3bn claim against Citigroup just days into the trial, it has emerged.
The Sun last month splashed the headline that free speech had drowned in a paddling pool of olive oil. The Supreme Court in PJS v NGN had just ruled 4:1 to continue an interim injunction until trial, overturning a 3:0 Court of Appeal decision to set aside the injunction. This prevented The Sun on Sunday […]
CMS has announced that its turnover has grown by 8.4 per cent, from €934.5m (£678.3m) to €1.01bn (£735.2m) in 2015.
Clifford Chance has matched the pay rises of its rivals in the US by hiking associate salaries to the new market rates set by Cravath Swaine & Moore last week.
Last November Irwin Mitchell announced that it was acquiring southeast firm Thomas Eggar. The deal gave the northern-focused Irwin Mitchell an additional six offices in the south of England and has boosted the firm’s turnover to £250m.
PwC Legal has hired five partners from law firm rivals in Australia and has relocated its global head of legal to Singapore to spur growth in the South East Asia region.
Ashurst and DLA Piper have won lead roles on Time Out’s £195m IPO on the alternative investment market (AIM).
Pinsent Masons director of knowledge and innovation delivery David Halliwell talks about what law firms should consider when implementing AI in this 60-second interview on key topics from the upcoming Business Leadership Summit. Why do you think technologies such as AI and predictive coding are apparently gaining momentum in term of their uptake in the […]
Kirkland & Ellis has joined the US salary wars by putting its UK associates on its new US pay scale, handing newly-qualified lawyers $180,000 (£124,000).