Being right in real life is much harder than being right intellectually

A long, long time ago when I used to report on fund management, one of the defining figures was Tony Dye, then the chief investment officer of Phillips & Drew, one of the City’s most storied asset management houses. Dye earned himself the nickname ‘Dr Doom’ through his bearish stance on equities, in particular by …

The window opens for Addleshaws but only for so long

One of the biggest mysteries of the UK legal industry since the wipe-out of 2008/09 is whatever happened at Addleshaw Goddard. The firm had a fine pedigree, the best partnership in the North West, a client-base to die for and a credible City merger under its belt in 2003 when it hooked up with Theodore …

A new model, a new game as US firms secure a decisive victory

‘We’re not a corporate firm, we’re an investors’ firm.’ That simple statement by one partner stood out more than any other during a recent meeting with Ropes & Gray. The point being made was that the firm – and its rapid progress in the City – had not been built on the back of large …

Quality, outside scrutiny and Paxman – the LB Awards loom

Fantastic as I look in a DJ, I wouldn’t say by character I’m a natural awards-type person but I have always said that if you are going to do an awards ceremony, there’s no point unless you do it really well. And doing it well means putting your shoulder to the wheel in the research …

Life after Sir Nigel – They built it, now what?

DLA Piper’s new head Simon Levine jokes about avoiding becoming the David Moyes to his high-profile predecessor’s Alex Ferguson, but you could make a stronger case that Sir Nigel Knowles’ transformative track record at DLA Piper is closer to making him the firm’s Tony Blair. Knowles took over an institution amid a period of upheaval …