Mayer Brown, as it eyes an increase in cross-border asset-based lending (ABL) throughout Europe, has boosted its City banking and finance team with the hire of Alex Dell, DLA Piper’s structured trade and receivables finance head.
Following Weil Gotshal & Manges’ impressive profit increase, other US firm numbers continue to paint a positive picture Stateside with Baker Botts recording 11% revenue growth while Dechert, Goodwin Procter and McDermott Will & Emery all see increased turnover.
New York’s legal elite re-asserted themselves through 2014, reaping the benefits of a bountiful market for high-end work. Have they done enough to preserve their legacies? On a crisp September morning, the sun shines brightly from the newly refurbished rooftop offices of Gibson, Dunn & Crutcher, 55 floors up on Park Avenue. There is no …
Continue reading “The blessed – unheralded, Wall Street’s elite comes roaring back”
US firms continue to break ground in London and are increasingly investing in moving their City lawyers up the partnership ranks. Three out of Global London’s top ten US firms made over a fifth of their partner promotions in the City. Weil, Gotshal & Manges led the way with the highest percentage of partner promotions …
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Firms set to create a 6,600-lawyer, $1.7bn law firm giant In a bid to create the world’s largest firm by lawyer headcount, Dentons is to combine with China’s biggest firm, Dacheng Law Offices, to form a 6,600-lawyer giant operating under a Swiss verein structure. With offices across over 50 countries, combined revenues will be in …
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A year on from his move to Allen & Overy (A&O) from Weil, Gotshal & Manges, US bank regulatory head Heath Tarbert talks to Jaishree Kalia about the expanding influence of US regulators and why it’s easier for Magic Circle firms to compete for regulatory work.
Freshfields Bruckhaus Deringer has become the first Magic Circle firm to post its trainee retention rate, with 85% taking up positions with the firm.
Travers Smith, Freshfields Bruckhaus Deringer and Allen & Overy (A&O) have won roles advising on the sale of UK’s leading rail leasing company Eversholt Rail Group for £2.5bn.
Freshfields Bruckhaus Deringer has become the third Magic Circle firm to release its 2013/14 limited liability partnership (LLP) filings with Companies House, showing the firm’s profits increasing, ‘before the movement in the provision of partner annuities’, by 7% to £528m off the back of £1.28bn in revenues.
US firms Ropes & Gray and Weil Gotshal & Manges have won roles advising buyout group Bain Capital on its $2.1bn acquisition of leading fuel systems supplier TI Automotive.
