In their fourth article on whistleblowing claims Shoosmiths focuses on the need, in sensitive situations where concerns of serious (and perhaps even criminal) wrongdoing are raised, for the complaint to be dealt with confidentially and/or anonymously where possible.
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 […]
This report contains: an analysis of the reality of Cleary Gottlieb’s growth trajectory in London since 2014 an overview of challenges faced by the top global firms which are pursuing similar growth strategies a discussion on Cleary’s distinctive practice area mix, highlighting its substantial focus on antitrust cases.
This report contains: ranking of the Nordic 50 firms on a headcount basis headcount analysis of the largest firms split into three groups financial and market analysis of the four jurisdictions in the region firm specific data profiles
This report includes: a breakdown of the eight firms shortlisted for the Litigation Team of the Year at The Lawyer Awards 2024 an overview of the case they have been nominated for an analysis of the firms’ larger litigation team
This report includes: a regional efficiency map for firms ranked 101-200 (The Independents) insight into the impact of geographic location on efficiency, highlighting regional disparities, drivers of success, and areas for improvement.
This report contains: financial performance of the largest US firms in London analysis of five standout firms that achieved significant revenue growth, detailing key factors behind their success individual firm profiles highlighting financial performance, growth strategies and client base and matters
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$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 […]
Dentons may have already found its next generation of leaders, even if the hunt for its next global chief executive is taking an age. The development of the firm’s first shadow executive shows Dentons is keen to forge closer ties between management and the junior ranks. It is a fundamental recognition that Gen Z and […]
The North East Procurement Organisation (NEPO) has drastically reduced its legal services panel, cutting 17 firms from its £100m roster. The new panel – effective from 3 June 2024 to 2 June 2028 – features 18 firms, down from the previous 29. New additions to the panel include Bird & Bird, Brodies, Devonshires, TLT and […]
The universal government of the Catholic Church, the Holy See, appeared in an English court for the first time in history today before Mr Justice Knowles, in a sweltering courtroom on the hottest day of the year so far. This case is one of The Lawyer‘s Top 20 of 2024. From the halls of the Vatican […]
Kirkland & Ellis and White & Case have taken leading roles on KKR’s €1.3bn (£1.1bn) purchase of Superstruct Entertainment from Providence Equity Partners. The Kirkland team leading for KKR was steered by corporate partners Alvaro Membrillera and Pelin Demirdere Eski, with the support of associates Jef Dupont, Sophie Thomas and Bonian Wu. Debt finance aspects […]
Cleary Gottlieb Steen & Hamilton has prepared the groundwork for its first $20m partner lateral hire, if it “can find that special person”, The Lawyer can reveal. The move comes as Cleary looks to build on an unprecedented growth spurt in the City over the past few years, which has seen partner headcount increase by […]
Pinsent Masons is acting for England’s largest winemaker on a potential sale that could see the company de-list from the alternative investment market (AIM) less than a year after its float. Chapel Down Group, the official English sparkling wine sponsor of Ascot Racecourse, is conducting a strategic review of its funding options including a potential […]