Last month, Freeths was named Law Firm of the Year at the Legal Business Awards, capping off a remarkable period for the firm that has seen it post yet more double-digit financial growth, achieve B Corp certification, and receive unprecedented attention for its role representing the postmasters in the Post Office Horizon scandal. LB checked in …
Speak to almost any major firm active in the finance space and you’ll hear about private credit. The industry matured as banking regulations tightened in the wake of the 2008 crash, and has surged since banks pulled back on lending after the interest rate hikes from early 2022. According to merchant banking, global advisory, and …
African firm Bowmans announced today (3 October) that it has hired all the lawyers from A&O Shearman’s shuttered Johannesburg office, including eight partners and a further six lawyers who are set to join as partners.
Freeths has revealed its results for the 2023-24 financial year, with double-digit increases to both revenue and PEP.
Last Tuesday, former Allen & Overy senior partner Wim Dejonghe was named Management Partner of the Year at the Legal Business Awards, at a glittering ceremony at London’s Grosvenor House Hotel. Dejonghe signed off from a 23-year career at the magic circle firm in May this year after pushing through the long-awaited, transatlantic merger deal with US …
Continue reading “LB Awards Management Partner of the Year: former A&O chief Wim Dejonghe”
A&O Shearman is set to cut 10% of its partnership, close its South Africa office and end its consulting business, in the firm’s first major reorganisation since it completed its merger this May.
Seladore Legal announced today (5 September) that it has opened its first international office in Milan. The office will be led by Laurence (Larry) Shore, who joined the firm from BonelliErede as a partner earlier this week.
In the offshore world as elsewhere, tough economic conditions made 2022-23 a rough year. ‘With uncertainty in the global markets, high inflation, and high interest rates, there was a lack of certainty in some corporate areas where companies didn’t necessarily want to deploy their capital,’ says Bedell Cristin group managing partner Tim Pearce. Appleby group …
Continue reading “On sure footing – offshore leaders see reasons for optimism”
Five elite US law firms have helped to push through the biggest M&A deal of the year so far – the $36bn acquisition of Pringles and Pop Tarts maker Kellanova by Mars. The all-cash offer values Kellanova at $83.50 per share – a premium of around 33% to its 52-week high as of 2 August.
The FCA has rolled out its listing rules reforms in a move that aims to reinvigorate the UK’s ailing capital markets. But will the changes be enough to make up for more than a decade of sluggish performance?
