Linklaters has advised a consortium of investors on their £2bn acquisition of London City Airport. City Airport is the capital’s fastest-growing airport and currently serves 12 airlines and 46 destinations across the UK, Europe and the US. Linklaters is advising a consortium of investors comprised of Alberta Investment Management Corporation, Borealis Infrastructure, Ontario Teachers’ Pensions Plan […]
DLA Piper saw its global revenue break through the $2.5bn barrier for the first time last year as turnover increased by 2.5 per cent, from $2.478bn to $2.54bn ($1.81bn). The firm’s global revenue has failed to surpass $2.5bn for a number of years. During the 2013 calendar year DLA’s global revenue inched up 1.7 per […]
Hogan Lovells is opening its first business services centre in the US, over two years since it launched its first global low cost centre in Johannesburg. The decision to open a centre in the US comes after a strategic review of how the firm provides business services support. The office will be based in Louisville, […]
With BT’s takeover of EE finally cleared by regulators last month, its legal division could be defined as the “dream team”. But for M&A chief counsel Rachel Canham, the year was mostly spent in the “clean team”, as she looked at how best to integrate the two businesses.
Singaporean firm Stamford Law combined with US firm Morgan Lewis to form Morgan Lewis Stamford Law in March 2015.
Latham & Watkins has posted a 1.5 per cent rise in global revenue from $2.61bn to $2.65bn for the 2015 financial year, a sharp contrast to the firm’s double digit increase in revenue last year when revenue rocketed by 14.3 per cent from $2.28bn to $2.61bn. The firm’s average profit per equity partner (PEP) effectively […]
Weil Gotshal & Manges’ average profit per equity partner (PEP) rose by nearly 5 per cent globally last year to $2.5m (£1.79m). In 2015, the firm saw worldwide PEP increase from $2.4m to £2.5m, although growth was at a slightly lower rate compared to 2014 in which PEP jumped by nearly 16 per cent. The […]
Allen & Overy (A&O) has elected Andrew Ballheimer as its new managing partner, a week after the magic circle firm voted in Wim Dejonghe to the senior partner role. Corporate co head Ballheimer beat three other contenders to the role – banking co-head Andrew Trahair, banking partner Michael Castle and Tokyo corporate finance partner Simon […]
Dentons’ global turnover for 2015 has increased by 66.2 per cent to $2.12bn (£1.523bn), The Lawyer can reveal. In The Lawyer’s Litigation Top 50 report in 2015, Dentons’ 2014 revenue was listed as $1.275bn (£916m), meaning that the firm has added almost $1bn in just a year. This marks a threefold increase from pre-merger SNR […]
Private prosecution boutique Edmonds Marshall McMahon is launching a civil fraud team with the hire of Herbert Smith Freehills (HSF) head of fraud and asset tracing, Robert Hunter.
US firm Jenner & Block plans to continue investment in London following a 14 per cent increase in revenue to $465m (£329.6m) in 2015. The firm also posted a total of $196m net profit for the year, and $41.5m total remuneration to non-equity partners. Jenner & Block launched in London in April last year, hiring […]
DWF’s former managing partner Andrew Gregory has joined insolvency group Leonard Curtis Business Solutions as its first in-house counsel.