Anecdotally, in-house budgets are being scrutinised like never before, and law firm billing is starting to catch the attention of chief financial officers. As almost any general counsel (GC) will tell you, legal teams are coming under sustained pressure to introduce metrics and benchmarks, along with more robust financial management and project management tools, to …
2017 ended with surprising confidence in a rebounding market. Here we ask the City’s leading corporate players for their prognosis on 2018 Finding the edge ‘We have come back from the holidays to a whirlwind of deal activity. I’m expecting to see financial investors looking to reduce the competition on deals by pursuing transactions where …
Freshfields Bruckhaus Deringer and Slaughter and May advised UK’s ‘big six’ energy providers Npower and SSE on the merger between their domestic retail operations. Freshfields corporate partners Simon Marchant, Julian Pritchard and Andrew Craig advised SSE, along with competition partners Deirdre Trapp and James Aitken. Slaughters corporate partners Richard Smith and Tim Boxell led the …
Continue reading “Dealwatch: 2017 closes out with slew of energy, tech and transport deals”
More mergers, more Brexit and more uncertainty – law firm leaders reflect on the past 12 months and look ahead Feeling hot ‘It has been a great year to be a private equity financing lawyer! The debt markets for leveraged finance have been hot, and our banking and high-yield team has advised sponsor clients on …
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Monarch Airlines entered administration at the start of October, with KPMG directing corporate affairs. As Legal Business reports on which law firms have been instructed to deal with the aftermath, Who Represents Who (www.legal500.com/wrw) data shows which firms have led aviation instructions in the past 12 months, and which have lost a client due to …
Continue reading “Who Represents Who: The Data Behind the Story”
With the recent Weinstein revelations shining a light on sexual harassment and misogyny across every industry, we ask senior lawyers for their views Call it out ‘Sexual harassment of anybody in any circumstance is outrageous. It must be called out at every opportunity and condemned for what it is – an insidious abuse of power.’ …
Menu Overview: Your story The second 25: Faster, pussycat The second 50: Boutique and City – Eyes on the prize The second 50: Regional view – After the bang Main table Main table – interactive version Partner earnings Profitability Core stats Case study: Allen & Overy Case study: Eversheds Sutherland Case study: Fieldfisher Case study: …
While Clifford Chance and Linklaters both recorded impressive increases in revenue and profit per equity partner (PEP) in 2016/17, Allen & Overy (A&O) blew its closest rivals away with a 25% rise in PEP, which jumped from £1.21m to £1.51m, while revenue saw a 16% increase to £1.52bn from £1.31bn. On a constant currency basis, …
Continue reading “Legal Business 100: Case study – Allen & Overy”
