The City’s mid-tiers defied the critics to achieve market-leading pace through 2015, cementing the gains of recent years. How big an upset can the tortoises deliver? There are a few simple ideas that define the pecking order in the UK legal industry. The big boys are international, materially larger than the tiers below and two …
Continue reading “LB100: The Second Quartile – The first shall be last…”
Specialist practices and focused City firms in the second 50 thrived in what remained an uncertain market. The second 50 is a hard place for any law firm without a strong claim on their chosen patch. Overall this section of the market saw a flat year despite the support of a relatively upbeat domestic economy …
Former Kirkland & Ellis de facto London head Graham White has experience in building City practices and almost a year after being recruited by Fried, Frank, Harris, Shriver & Jacobson to revive its London offering, the outpost has seen some credible arrivals. But as two more partners officially join in September, White is planning more …
Continue reading “Latest hires boost Fried Frank’s bold City expansion plans under Graham White”
888 looks set to strike £900m deal Deal lawyers took little respite over the summer as the traditional lull failed to materialise. One deal that kept teams at Magic Circle duo Allen & Overy (A&O) and Freshfields Bruckhaus Deringer busy was the bidding battle between 888 and GVC Holdings for online gambling company Bwin.Party Digital …
Continue reading “A&O and Freshfields win work on Bwin’s bidding battle”
Over ten firms were involved in the complex cross-border merger that saw three of The Coca-Cola Company’s bottlers unite to create the world’s largest independent bottler for the soft drink maker. Combining the operations of Coca-Cola Enterprises (CCE), Coca-Cola Iberian Partners (CCIP) and Coca-Cola Erfrischungsgetränke (CCEAG), Coca-Cola European Partners will be headquartered in London and …
Continue reading “Host of Global 100 firms advise on Coke bottler’s $31bn three-way merger”
Greenberg Traurig has made a concerted push into Europe this summer. Having recruited a 12-lawyer real estate team in May from Allen & Overy and Norton Rose Fulbright in Poland, including both firms’ former local real estate heads, in July Greenberg acquired Olswang’s entire Berlin office, comprising a 14-partner team, to launch its first German …
Allen & Overy’s (A&O) New York office and Debevoise & Plimpton have won roles advising IT company CSC on its combination with US public sector tech outfit SRA to create a company with $5.5bn in revenues and billed as the ‘largest pure-play IT services provider serving the US government sector’.
Olswang has had its fair share of departures these last 12 months with its former head of corporate Fabrizio Carpanini the latest to quit the firm, leaving after 15 years of serving the firm to ‘pursue new opportunities’. However, the firm has announced four management appointments in ‘a first and crucial step’ to boost growth.
For the third time this year and dealing a blow to Linklaters‘ Asian objectives, Kirkland & Ellis has recruited from the Magic Circle firm’s ranks and hired Hong Kong debt finance partner David Irvine.
Taylor Wessing has today [1 September] announced it has merged with Dutch firm Deterink, gaining offices in Amsterdam and Eindhoven as it looks to broaden its European presence.
