While interest in transatlantic tie-ups is currently peaking in the wake of the A&O Shearman and Herbert Smith Freehills Kramer deals, one firm that is ahead of the trend du jour is Eversheds Sutherland. The firm – the result of the 2017 combination of the UK’s Eversheds and Atlanta-based Sutherland Asbill & Brennan – has since …
Baker Botts walked away from this year’s Legal Business Awards with the trophy for energy/infrastructure team of the year, in recognition of the firm’s work advising Air Products and Chemicals on Saudi Arabia’s landmark NEOM Green Hydrogen Project. LB spoke with two of the lead partners on the deal to discuss getting it over the line, the …
What do clients really think about the service they get from your firm? Every year, the Legal 500 asks hundreds of thousands of clients how they rate firms on a range of metrics, including lawyers and team quality, value, billing, and industry knowledge. The scores we collect allow us to benchmark firms against each other – this …
Continue reading “The Client’s View on DLA Piper – how do your lawyers score?”
Herbert Smith Freehills (HSF) has made no secret of its ambition to grow in the US, and has long been touted as a potential merger partner for Stateside firms. Even so, Monday’s news (11 November) that it is intending to combine with New York’s Kramer Levin came as a surprise to some partners within the …
While Herbert Smith Freehills is one of the best-known legal brands in the UK, it is fair to say that Kramer Levin does not have the same name recognition. So who is HSF’s prospective merger partner? Here’s everything you need to know.
The data doesn’t lie – it’s been a good year for the Global 100. Eighty-eight of the world’s largest firms posted revenue increases last year, with many enjoying record results, and total revenue across the group rose by more than 6% to break through the $150bn mark for the first time. As to what was …
Continue reading “The customer is always right – which firms do clients rate most highly?”
It’s been an active start to the week for restructuring lateral moves in the City, as Sidley co-heads Mark Knight and Jifree Cader have joined Davis Polk, and Adam Plainer, co-chair of Dechert’s global restructuring group, has moved to DLA Piper.
Since the A&O Shearman merger went live in May, there has been no shortage of market speculation about which transatlantic duo would be next to tie the knot. However, few had predicted Monday’s (11 November) news that Herbert Smith Freehills is set to combine with New York’s Kramer Levin, a deal which will create a …
Continue reading “Herbert Smith Freehills set for $2bn transatlantic merger with Kramer Levin”
Lucie Cawood, the head of Travers Smith’s private equity and financial sponsors group, has left the firm, marking the latest in a series of exits from the City firm’s transactional practices. Cawood has led the firm’s PE group since January 2023, when she succeeded Ian Shawyer, following his move to Cleary Gottlieb Steen & Hamilton. …
Continue reading “Travers private equity departures continue as practice head leaves”
‘The next revolution in the market will be clients waking up to the fact that chargeout rates go up so much each year.’ This is the prediction of one well-known partner at a leading US firm in London in the wake of another stellar performance by the Global 100, in which total revenue climbed by 6% …
Continue reading “Footing the bill – as chargeout rates spiral, will clients put their foot down?”
