Methodology and end notes
The firms that appear in the 2015 Global 100 are the largest 100 law firms in the world ranked by revenue.
News in brief – July 2015
FRESHFIELDS BREAKS CITY LOCKSTEP TO BRING IN KIRKLAND’S McKIMM Freshfields Bruckhaus Deringer’s hire of Kirkland & Ellis high-yield heavyweight Ward McKimm made waves in the City in June. Joining as co-head of European leveraged finance, McKimm’s salary is understood to be well above the firm’s City top of equity.
Deal watch: Corporate activity in June 2015
US CITY TEAMS TAKE LEAD ROLES ON GHG’S £1.5BN DEBT RESTRUCTURING General Healthcare Group (GHG)’s £1.5bn debt restructuring, involving two commercial mortgage-backed securitisations (CMBSs), saw Paul Hastings’ London office win a role advising Capita Asset Services, which acted on behalf of the senior lenders. Milbank, Tweed, Hadley & McCloy represented the junior lenders, while Weil, …
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The Commercial Litigation Summit 2015
More than 160 senior litigators and GCs came together for Legal Business’ first Commercial Litigation Summit on 13 May in central London. We bring you comprehensive coverage of the day’s debates.
The Last Word: Progress Report
As part of our Global 100 report, law firm leaders give their assessment on how their firms are performing. Self-efficiency ‘For us, the last year has been a continuation of a strategy we launched five or six years ago and was refreshed two years ago to provide some differentiation. There’s no doubt the market is …
Survival of the fittest
RBS’s James Tsolakis on why law firms must adapt On so many levels, the business of law is changing and the velocity of change has never been greater. These changes are creating unforeseen tensions within law firms and they challenge some of the fundamental principles that have historically defined the legal profession in the UK, …
News in brief – June 2015
CLYDES AND SIMPSON & MARWICK IN ANGLO/SCOTS MERGER BID Clyde & Co is in merger talks with former Kennedys target, Scottish firm Simpson & Marwick. Simpson’s five Scottish offices plus outposts in Newcastle, Leeds and London could be added on to Clydes’ office network, although its 15-strong family law team exited the firm last month …
Deal watch: Corporate activity in May 2015
SLAUGHTERS AND LINKS ACT ON SANTANDER AND UNICREDIT’S ASSET MANAGEMENT TIE-UP Slaughter and May, best-friend firm Uría Menéndez and Davis Polk & Wardwell in the US were instructed by Santander as it combined its asset management arm with Linklaters’ client UniCredit’s Pioneer Investments. The deal created one of Europe’s biggest asset managers, with €350bn under …
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The Last Word: The vision thing
Senior legal figures provide their take on how the market will shape up over the next 25 years RISE OF THE ACCOUNTANTS ‘The Big Four are challenging and will be one of the competitive threats over the next five years as they have tremendous resource, access to businesses and more sophisticated models than law firms.’ …
Team moves – Alec Harvey and Richard Nicolle discuss the risks
Team moves in London’s legal market are on the rise, particularly among US law firms establishing new offices or practice groups. The potential benefits of a team move are not limited to critical mass – the new employer may gain a significant competitive headstart by acquiring a ready-made team, client relationships and increased market credibility. …
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