Aussie exodus: Skadden closes sole office in Sydney
Skadden, Arps, Slate, Meagher & Flom has confirmed it is closing its Sydney office – the US firm’s only base…
Cutting back: Ashurst’s highest paid member hit with 11% pay decrease, as other staff costs fall
Ashurst‘s highest paid member pocketed 11% less in the 2014/15 financial year compared to 2013/14, the firm’s LLP accounts show.…
Ashurst to consider non-lawyers for global head position as partner contenders emerge
Candidates to replace Ashurst‘s global managing partner have emerged as Legal Business can reveal the board is using a headhunter…
Orrick reports bumper promotions including one in London and more women than men
Orrick, Herrington & Sutcliffe has become the latest US firm to announce its partner promotion round making up just one…
Myths and Millennials – the facts, fiction and hard realities of leading junior lawyers
Law firms are increasingly obsessed with the challenge of engaging their Millennial associates. Legal Business separates buzzword from BS Just…
McDermott and DLA Piper partners join Orrick for Houston launch
Having announced it will open a new office in Houston, 13 partners have joined US firm Orrick, Herrington & Sutcliffe,…
Ashurst board to select next managing partner as Collis prepares to step down in May
Ashurst is on the look-out for the firm’s next managing partner as current head James Collis is to stand down…
US and Irish firms act on $16.5bn Tyco-Johnson Controls merger
Simpson Thacher & Bartlett, Wachtell, Lipton, Rosen & Katz, A&L Goodbody and Arthur Cox have all landed roles advising on…
Addleshaws staff costs rise as firm ups partner rewards, accounts reveal
Addleshaw Goddard‘s staff costs rose 12% from £57,000 to £63,600 in the 2014/15 financial year, the firm’s filings at Companies…
Ashurst hires DLA Piper arbitration head Saunders to boost City practice
After a slow churn of lateral partner hires in Ashurst‘s London office, the Anglo-Australian firm has kick-started 2016 by recruiting…
Beer bonds: Clifford Chance, Allen & Overy and SullCrom advise on AB InBev’s £46bn issuance
Sullivan & Cromwell, Clifford Chance and Allen & Overy (A&O) have won roles as the world’s largest brewer Anheuser-Busch InBev…
‘When the time is right’: Ashurst puts Seoul launch on hold
Having first signalled intentions to set up a base in South Korea back in 2011, Ashurst has put plans to…
Linklaters and Ashurst win roles as housebuilder Countryside Properties prepares to float
Linklaters and Ashurst have landed roles advising UK property developer Countryside Properties as it prepares to list on the London…
Lockstep transfer: Freshfields Japan partners face profit cut as part of global review
Freshfields Bruckhaus Deringer is set to transfer partners in its Tokyo office from its traditional lockstep to its second-tier lockstep…
A&O and Linklaters win mandates as spread-betting company CMC Markets plans float
Allen & Overy (A&O) and Linklaters have landed roles advising online spread-betting company CMC Markets as it plans to float…
C-suite roles at Allen & Overy take home 9% more last year as firm raises revenues
Allen & Overy‘s (A&O) senior partner and managing partner, global practice heads and support directors took home £1.1m more in…
Stephenson Harwood pays 30% more to highest-earning member, latest accounts show
The highest-paid LLP member at Stephenson Harwood took home £1.3m during the last financial year compared to just over £1m…
Making the list: Former A&O and Slaughters lawyers Beringer and Randell awarded CBE
A host of figures within the legal profession including former Allen & Overy (A&O) senior partner Guy Beringer QC (pictured)…
The last champions – meet the leaders intent on sealing Freshfields’ place in the global elite
Freshfields remains the most potent of the City’s big four but modernising the 270-year-old institution has always been a delicate…
H1 2015/16: Steady as she goes – A&O attributes 4% revenue rise to London performance
Allen & Overy (A&O) has posted a 4% revenue increase for the first six months of the 2015/16 financial year. Turnover…