RPC has strengthened its insurance and marine capability in the UK and Asia with the hire of senior insurance litigation partner Leigh Williams from Clyde & Co and shipping and international trade partner Steven Wise from Holman Fenwick Willan (HFW) in Hong Kong.
Ashurst has unveiled its first post-merger financial results, boasting revenues of £586m and a profit per equity partner (PEP) of £801,000. The results come as Simmons & Simmons has revealed a return to growth in 2013/14 with a 7% rise in revenue to £268.6m for the 12 months to 30 April 2014 and an increase in PEP …
With private practice diversity statistics still often trailing their clients, last month saw rhetoric translated into targets at Ashurst and Linklaters, as they became the latest City law firms to commit to a female partnership ratio. Linklaters is the third Magic Circle firm, after Allen & Overy (A&O) and Clifford Chance, to set itself targets, …
Continue reading “City firms support diversity targets by committing to female partnership ratio”
Jaishree Kalia reports on the uneasy peace still hanging over the post-merger Ashurst It’s been over eight months since Charlie Geffen, the high-profile head of Ashurst, suffered a bruising leadership defeat to litigator Ben Tidswell (pictured) in the wake of the City firm’s merger vote with its Australian partner. There was no doubt the election …
Olswang has reported mixed 2013/14 financial results with profit per equity partner (PEP) down 4%, following a double-digit drop last year, while revenue is up 7% to £117.6m.
Billed to be the largest initial public offering (IPO) in Europe to date this year, Allen & Overy (A&O) and the London office of Davis Polk & Wardwell are advising on the sale of up to 77m ordinary shares in NN Group, valuing the Dutch insurer at €7bn and bringing in proceeds of €2bn for ING.
Cleary Gottlieb Steen & Hamilton has increased its trainee and junior-level associate pay following a salary freeze, pushing second year post qualification experience (PQE) lawyers into a six digit sum.
The second of the Magic Circle firms to disclose its 2013/14 financial results, Allen & Overy (A&O) has reported an increase in profit per equity partner (PEP) of 7% to £1.12m from £1.05m, with global revenues up by a more conservative 2% to £1.23bn.
Olswang’s head of real estate finance Eleni Skordaki has quit the firm after nearly ten years to join Dechert’s City finance and real estate group. Skordaki specialises in advising banks in real estate financings and restructurings.
Brown Rudnick has hired technology and intellectual property (IP) head Alex Carter-Silk from Speechly Bircham to lead its European IP practice in London.
