Heavy hangs the crown – Can Latham remain the global firm to beat?
Early March 2018 looked like the best of times to be a lawyer at Latham & Watkins. At the end…
NRF asks staff to cut working hours by a fifth and defers partner pay in re-introduction of financial crisis-era flexi scheme
Norton Rose Fulbright (NRF) is asking its staff to agree to a 20% cut of weekly working hours and delaying profit…
Freshfields and Slaughters drafted as Government reveals details of Covid-19 business support package
The UK Treasury and Bank of England (BoE) have called in their go-to counsel Slaughter and May and Freshfields Bruckhaus…
Latham and Hogan Lovells move to remote working globally amid alarming coronavirus spread
Latham & Watkins and Hogan Lovells have become the latest law firms to ramp up their response to the increasingly global spread of COVID-19 by sending all…
Coronavirus impact widens as Links and Eversheds become latest City firms to send staff home
Linklaters has followed its City rivals in asking staff to work from home due to the quickening spread of COVID-19. The firm today (17 March) moved to a…
Coronavirus impact worsens as Reed Smith sends staff home and Taylor Wessing shuts City office
Law firms around the world have been forced to take ever more radical measures in an attempt to contain the…
‘Building on the momentum’: Latham appoints banking veteran Kensell as London head
Latham & Watkins’ executive committee has appointed Stephen Kensell as London managing partner, just four years after he joined from…
‘Natural attrition’: Sidley’s London growth grinds to virtual halt as global revenue nears $2.4bn
Sidley Austin’s City base grew by less than 1% and missed expectations it would turn a profit in 2019, as…
Coronavirus hits Central Europe as Wolf Theiss partner hospitalised and three staff test positive
The coronavirus epidemic has spread to Austria and hit one of Central Europe’s most prominent law firms, with a partner…
Coronavirus fallout continues as Latham suspends NY partner conference while Bakers re-opens London branch
Fears around the spreading coronavirus have yet again affected the business of law, as the world’s second-highest grossing firm Latham…
Dealwatch: Kirkland lift first Cinven mandate since Maguire hire as Links, Gowling and Jones Day bed roles in week of PE records
Kirkland & Ellis has this week won roles advising on one of the largest European private equity transactions since the financial…
Latham rampant for second year running as surging City growth helps revenue hit $3.7bn
Latham & Watkins has reported its second consecutive year of double-digit growth as its revenue surged to $3.768bn in 2019…
Freshfields loses key rising star Newhouse as Latham renews City M&A push
In the latest blow to the UK Magic Circle, Latham & Watkins has hired one of Freshfields Bruckhaus Deringer’s brightest…
Ashurst enters US West Coast with four-lawyer Santa Monica projects play
Ashurst has launched a four-lawyer transport and infrastructure-focused base in Santa Monica, its second US office after New York. The firm…
Pretty, pretty, pretty good: outgoing Hogan Lovells chief lauds best-ever financials as PEP surpasses $1.5m
Hogan Lovells has posted its strongest financial performance since its transatlantic union a decade ago, with turnover rising 6% and…
Cooley’s City base passes $70m revenue mark as global growth slows
Cooley’s London outpost has outpaced the West Coast firm’s global revenue growth for the third consecutive year, rising 9% to…
From Silk to Rope: Linklaters signs lease for Ropemaker Street move in 2026
Linklaters is moving its 1,200-lawyer City headquarters out of Silk Street after 30 years to take up 14 floors at…
Cadwalader London revenue down again despite strong global performance
Cadwalader, Wickersham & Taft has seen its London revenue drop for the second year in a row, falling 4% to $41.3…
Freshfields under financial and reputational fire in Germany as cum-ex tax scandal rolls on
Marco Cillario and Nathalie Tidman report on Freshfields’ role in the tax scandal rocking Germany It is not often that…
The Italian report – Midway upon the journey of our life
Visiting Milan at the end of 2019, it was striking that a map of law firms’ office addresses drawn up…