Shearman’s McKimm steps aside ahead of A&O tie-up as US firms continue to snap up top London talent

Shearman’s McKimm steps aside ahead of A&O tie-up as US firms continue to snap up top London talent

With just a month to go until the A&O Shearman tie-up goes live, Shearman has announced that Europe managing partner and EMEA finance team leader Ward McKimm is retiring, marking one of the highest-profile pre-merger exits to date. ‘Shearman & Sterling and Ward McKimm jointly confirm that, after a nearly 30-year career as a leading …

On the horns of a trilemma

On the horns of a trilemma

For close to two years now, energy sector commentators have spoken of a ‘trilemma’: a struggle to balance the three competing imperatives of energy transition, security, and affordability. Of these three, energy transition arguably looms largest. For John Dewar, project, energy and infrastructure finance partner at Milbank and Legal 500 Hall of Famer for power: …

Energy perspectives: Clare Burgess

Energy perspectives: Clare Burgess

What made you decide to become a lawyer and why did you choose to go into infrastructure transactions? I chose to study law with thoughts of becoming a barrister. While at university I was introduced to City law firms through the milk rounds and was drawn to the emphasis on working as a team, opportunities …

London partners overlooked as A&O Shearman reveals post-merger leadership

London partners overlooked as A&O Shearman reveals post-merger leadership

Allen & Overy and Shearman & Sterling today announced (1 March) the names of the key leadership term that will head A&O Shearman once the $3.5bn merger completes on 1 May – with no UK-based partners making the line-up. A&O’s current interim global managing partner and Middle East and Turkey regional managing partner Khalid Garousha …

‘Not just merger control’: Freshfields eyes opportunities in rising tide of antitrust regulation

‘Not just merger control’: Freshfields eyes opportunities in rising tide of antitrust regulation

Off the back of Freshfields’ recent recruitment of former FTC commissioner Christine Wilson into its US antitrust practice as a senior adviser, LB looks at the growing importance of competition law, and what it means for the firm’s global strategy Freshfields has in recent years arguably made greater strides than most peers in investing in …

‘Clients want to come to the best’: Quinn Emanuel breaks $2bn barrier with 26% revenue jump

‘Clients want to come to the best’: Quinn Emanuel breaks $2bn barrier with 26% revenue jump

Quinn Emanuel today announced its firmwide financial results for calendar year 2023, with the litigation powerhouse joining an elite band of firms to notch revenue over $2bn, with a 26% jump taking it from $1.65bn last year to $2.08bn. The firm also broke $1bn in profit, which reached $1.35bn. Revenue per lawyer was up nearly …

Revolving doors: Moves in disputes and antitrust as Paul Weiss continues sweep of London recruits

Revolving doors: Moves in disputes and antitrust as Paul Weiss continues sweep of London recruits

Simpson Thacher begins this week’s lateral hire round-up with its recruitment of Legal 500 international arbitration leading individual David Edwards from Skadden. Edwards will co-lead the firm’s European disputes practice alongside Tyler Robinson. The hire brings the London office to a total of five dispute partners: Edwards, Robinson, and antitrust specialists Antonio Bavasso, Ross Ferguson, …

King & Spalding takes another silk with hire of former director of public prosecutions

King & Spalding takes another silk with hire of former director of public prosecutions

King & Spalding has hired Sir Max Hill KC (pictured) into its London office. Hill served as director of public prosecutions for England and Wales from November 2018 to October 2023. A barrister since 1987, he took silk in 2008 and was knighted after leaving the Crown Prosecution Service (CPS) in January 2024. Hill’s addition …

‘The human cost’: Post Office Horizon fiasco throws scrutiny on litigators and shines light on litigation funding

‘The human cost’: Post Office Horizon fiasco throws scrutiny on litigators and shines light on litigation funding

The Post Office Horizon scandal saw over 700 subpostmasters convicted of fraud, theft, or false accounting. The victims were prosecuted for accounting shortfalls that were in fact the result of errors made by the Post Office’s Horizon accounting software. At time of publication, fewer than 100 of those convictions have been overturned.

Revolving doors: Restructuring veteran Ereira leaves Paul Hastings for Quinn as firms build up funds practices

Revolving doors: Restructuring veteran Ereira leaves Paul Hastings for Quinn as firms build up funds practices

Quinn Emanuel made a significant move in London this week, hiring restructuring veteran David Ereira from Paul Hastings. In the Legal 500 Hall of Fame for corporate restructuring and insolvency, Ereira has a wealth of experience advising clients from governments to debtors, creditors, and investors on a wide range of insolvency and restructuring issues. Ereira’s …