New law, new business models: four trends that will shape 2020
Criticised for being slow to react in 2018, traditional firms were, in fact, preparing their strategies and waiting to attack. Here’s what to expect in the next 12 months.
The three booming US firms that aren’t Paul Weiss
Some US firms in London tend to get all the headlines, and as you know who they are, we won’t bother namechecking them again. But there are others, a tad more under the radar, that have had a barnstorming year in 2023 and whose time in the limelight is now. Such as Willkie Farr & […]
The first £200,000 NQ draws near
The latest newly-qualified (NQ) salary rise from Freshfields Bruckhaus Deringer still managed to raise interest last week, despite the fact enormous pay hikes are the new normal these days and that even £150,000 isn’t unusual any more (as of last week, Quinn’s £180,000 tops the market alongside Gibson Dunn). But it is still significant because […]
New York alone isn’t worth it anymore
European firms see more value in having a physical office in the Square Mile than they do in the Big Apple. Last week, Spanish firm Uría Menéndez became the latest to shut up shop in New York, having been there for 30 years. Uría was the final member of Slaughter and May’s fabled Best Friends […]
Here’s one solution to Linklaters’ departures
Thanks to Paul Weiss, Skadden and Kirkland & Ellis (but mainly Paul Weiss), Linklaters has a few empty chairs at Silk Street. One way a firm can replenish its ranks is through lateral hiring – enter Travers Smith corporate partner Richard Spedding – or internal promotions. Last month, a total of 14 lawyers were made up […]
Paul Weiss has rewritten the playbook
Paul Weiss’ UK spending spree is far from over. Just a year ago, this firm was small fry among the US City titans. Cue an audacious carve-out of some of Kirkland & Ellis’ superstars last summer and everything changed. That initial raid (which included debt finance heavyweight Neel Sachdev and corporate star Roger Johnson) was […]
“It’s my chance for a last dance”: Bagshaw returns to private practice
Former White & Case partner Ian Bagshaw is launching the London office of Perkins Coie, along with five of his ex-colleagues. Bagshaw will become managing partner of Perkins Coie in London, a firm whose only offices outside the US are in Taipei and Beijing. The plan is to focus on what Perkins Coie is good […]
Making sense of cloud technologies: what firms need to know
In a rare opportunity for the City’s top chief technology officers (CTOs) to sit at a roundtable breakfast and discuss cloud technology. The Lawyer was joined by leading UK Microsoft expert Cloud Direct on 26 March 2024 to host an industry-specific discussion that would address the gaps in knowledge and share challenges with the technological […]
Abreu edges close to €50m mark after 19 per cent growth
Portugal’s Abreu Advogados fell short of hitting the €50m revenue mark for the first time in its history after revenue surged by almost a fifth in last year. The firm’s top-line grew to €49.7m (£42.8m) from the previous year’s €41.7m. Managing partner Inês Sequeira Mendes praised the firm’s growth, but poured cold water on any […]
The Passport: De Brauw ushers in third generation of PE lawyers
Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this edition we take a look at the third generation of De Brauw’s private equity group and how domestic and regional firms in Ukraine may look to reshape after the war. De Brauw has entered […]
Litigation boutique in SDT hearing over alleged AML failures
Litigation firm CANDEY appears before the Solicitors Disciplinary Tribunal (SDT) this week, alongside former partner Richard Morris, over allegations of anti-money-laundering (AML) failures. The matter regards a £24m deal for a Northumberland country estate in 2015. No actual fraud or money-laundering has been identified. The SRA alleges that the firm and Morris, who left for […]
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