Issues

Nigel Knowles

Nigel Knowles announces retirement from DLA Piper

DLA Piper has announced that Nigel Knowles will step down from the roles of global co-chairman and senior partner on 30 April. Knowles has worked at the firm for the last 38 years and will retire as a partner on 30 June. He will continue working as a consultant to the global firm. Global co-CEO […]

A&O opts for continuity as Dejonghe becomes senior partner

Allen & Overy (A&O) has announced managing partner Wim Dejonghe will become the firm’s senior partner from the start of May. Dejonghe, who has been managing partner since 2008, will take over from current senior partner David Morley. Morley is set to retire at the end of April after completing two terms in the role. […]

royal courts of justice

Therium in talks with firms to launch funding ABS

Litigation funder Therium Capital Management is in talks with a number of firms over plans to launch a joint ABS that would see it pumping cash into a law firm to fund a raft of new claims. Litigation and private client boutique Harcus Sinclair is one of the firms in talks with Therium, which is […]

Macfarlanes ups NQ salary to £70,000 and reveals 100% spring retention

Macfarlanes will keep on all six of its trainee solicitors qualifying this spring, and has increased its salary for newly-qualified solicitors to £70,000, up from £65,000. Seán Lavin, the firm’s head of graduate recruitment, said: “We recruit and train each generation of our trainees in the hope and expectation that all of them will qualify with […]

K&L Gates promotes London trio in 50-strong promotions round

K&L Gates has made up 50 partners around the world, including a trio in the City. Last year, the firm promoted the same number of partners globally, although just two were made up in London.  Senior associate Feroze Abbas has been promoted to partner in the London planning team, having joined the firm in 2008 […]

Simpson Thacher and Paul Weiss lead on $15bn Apollo-ADT deal

Paul Weiss Rifkind Wharton & Garrison has won its second Apollo-related mandate in a month, acting on the company’s billion-dollar acquisition of ADT Corporation. The buyer, Apollo Global Management, turned to a New York team from Paul Weiss, with partners Taurie Zeitzer and Gregory Ezring leading for the firm. They also advised Apollo’s alarm business […]

White & Case prioritises London and US as revenue climbs 1 per cent

White & Case saw its global revenue climb 1 per cent to $1.52bn (£1.06bn) between 2014 and 2015, amid a 6 per cent rise in partner headcount. The firm’s turnover rose from $1.5bn to $1.52bn last year, admitting revenues had been affected by the strength of the dollar against sterling and the euro. London executive […]