Spencer Baylin, Clifford Chance’s recently-appointed London private equity head, discussed his ambitions for the practice with LB as we garnered views from peers on how the market is faring. In December, CC lifer Baylin stepped up to the role soon after the high-profile loss of Christopher Sullivan to Paul Weiss’ M&A practice amid the US …
Greenberg Traurig has announced a 6% increase in revenue, reaching $2.3bn, while PEP rose 4%, climbing from $2.32m to $2.4m. While slightly slower than last year’s 9% revenue increase, this growth still marks Greenberg’s tenth consecutive year of record revenue.
McDermott has announced today (28 February) that Michal Berkner has joined the firm as a partner, bolstering its transactions practice in London. She joins from Cooley, where she led the cross-border M&A practice, including negotiated and unsolicited transactions and joint ventures. Her clients include strategic and private equity buyers and sellers in public and private …
Continue reading “McDermott hires London M&A partner from Cooley as global revenue nears $2bn mark”
‘I’m an extrovert and I like to get out there. An in-house role is much more team orientated than private practice,’ notes Nigel Paterson, the general counsel (GC) of British electricals retailer Currys, on his decision to go in-house some 25 years ago. And it soon becomes apparent that, so illustrious has been his career, …
Continue reading “The Client Profile: Nigel Paterson, Currys”
The lateral hiring market for December and January was once again dominated by Paul Weiss’ impressive recruitment efforts in the City, resulting in the Magic Circle stepping it up in the US. Meanwhile, White & Case has been on a hiring spree of late, bringing in several partners in key practice areas in numerous locations.
The long-dormant restructuring market has had a shot in the arm recently, with the City teams of US stalwarts winning lead mandates on the administration of The Body Shop and a rescue deal of Yodel. Jones Day and White & Case are handling the administration of cosmetic group The Body Shop, while Dechert and Weil …
Leading the high-profile moves this week, Fried Frank has strengthened its London private equity practice with a triple hire from Goodwin. Christian Iwasko , Michelle Tong, and Priya Rupal have departed from Goodwin after a three-year stint, and bring with them experience at Sidley and Kirkland & Ellis. Elsewhere in the City, Clifford Chance has bolstered …
Paul Hastings has hired litigation and trial partners Oliver Browne and Stuart Alford KC from Latham & Watkins, just days after it lost structured finance partner Blake Jones to Clifford Chance. Paul Hastings confirmed the moves today (16 February). Browne leaves Latham after 18 years, having most recently served as the London co-chair of the …
Continue reading “Paul Hastings scores double win from Latham after recent London losses”
As financial reporting season kicks off in earnest, Hogan Lovells has today (13 February) reported a 10% boost in global revenue to $2.68bn as profit per equity partner (PEP) jumped 20% to $2.74m. This performance represents a $250m increase in the firm’s top line, contrasting with a $174m decline last year. After a 7% drop …
‘What defines Baker McKenzie over the last few years is the sheer amount of work that has gone into financial integration. This is a massive achievement but it has come at a cost. Now, establishing the differentiator to attract the next generation is important. It isn’t going to turn into Kirkland & Ellis, but what …
