Revolving doors: More departures from Shearman as firms focus on financial services and infrastructure hires
Shearman & Sterling has lost another two partners in London, as infrastructure and projects partners Ben Shorten and Trinh Chubbock…
Financials 2022/23: HFW posts best-ever results
HFW has posted its best-ever financial results for the financial year 2022/23. After a slight dip of 1% to £198.7m…
Getting its mojo back: How A&O Shearman could redefine the Magic Circle
The proposed merger of A&O and Shearman & Sterling has got the market talking about the biggest news in the…
‘Carveouts are here to stay’: green energy deals dominate as major players see signs of a bounceback
Early 2023 has been a tough time for deals. In our 2023 Deals Yearbook, for instance, citing Dealogic, we noted…
The ESG Report: Litigation – Perpetual motion
ESG litigation is now a buzzword in disputes. Legal Business turned to litigators and funders to examine the market –…
‘Carveouts are here to stay’: green energy deals dominate as major players see signs of a bounceback
Early 2023 has been a rough time for deals. In our 2023 Deals Yearbook, for instance, citing Dealogic, we noted…
ClientEarth granted oral hearing to proceed with derivatives claim against Shell
ClientEarth has been granted an oral hearing to seek permission to proceed with its derivative action claim against Shell, the…
Revolving Doors: Africa and Middle East focus for international firms as energy dominates agenda again
The energy sector was the focus again for a number of London firms amid a busy round of hires last week,…
Pallas Partners files suits against Swiss regulator over Credit Suisse bond write-down
Pallas Partners is coordinating proceedings in the Swiss courts on behalf of around 800 Credit Suisse AT1 bondholders who held…
‘We’re in a really exciting moment for the London market’: Freshfields appoints Mark Sansom as new London managing partner
Mark Sansom will take over from Claire Wills as London managing partner at Freshfields, the firm has announced. The move…
Particularly egregious? Market reacts over Credit Suisse buyout as bondholder litigation looms large
As the fall of Credit Suisse mobilises swathes of advisers, Legal Business asks whether the collapse will yield an influx…
PE lessons: Shearman’s losses and Cravath’s gains show the value of City buyout teams – and the dangers of misfiring
While it may be an oversimplification to say that there has been a certain inevitability to Shearman & Sterling’s decline…
Ukraine war and currency take toll as PEP drops 20% at White & Case
White & Case was another firm to post muted financials for the last year, as a bullish 2021 gave way…
Revolving doors: Another departure from Shearman as firms make moves in finance and real estate
Debt finance specialist Rahul Chatterji became the latest partner to leave Shearman & Sterling this week, with Linklaters announcing that…
Feeling the chill? Kirkland reports just 8% revenue increase for 2022
Often the bellwether for global law firm financials, the world’s highest-grossing firm, Kirkland & Ellis, has posted muted revenue and…
‘A lot of grey areas’: India legal market liberalisation met with optimism though questions remain
While the international legal community has largely been sanguine at the Bar Council of India (BCI) opening the door for…
‘The strategy has not changed’: Hogan Lovells holds steady after end of Shearman merger talks
‘Has the strategy changed? The short answer is: no, it hasn’t.’ That was the message from Hogan Lovells chief executive…
‘Crisis averted’: City banking and corporate partners react as HSBC acquires SVB UK
After a tense weekend of negotiations, the Bank of England announced on Monday (13 March) that HSBC would buy the…
‘A somewhat unique position’: Quinn Emanuel opens second mainland China office in Beijing
Quinn Emanuel Urquhart & Sullivan has announced the launch of a new office in Beijing, its second in mainland China…
Revolving doors: Private equity stays hot with high-profile departures from A&O and Travers
Sullivan & Cromwell made a major play last week with its hire of prominent private equity partner Karan Danamani from…