Ashurst lifer and former managing partner James Collis has quit the firm to join the London arm of Squire Patton Boggs. The finance partner, whose practice focuses on acquisition finance and general banking law, was at the helm of Ashurst for four years until June 2016, when he was replaced by current managing partner Paul …
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Baker McKenzie is the latest firm to scale down its London business support staff in favour of low-cost centres, scrapping at least 46 City roles and leaving another 33 at risk. The move comes eight months after the firm launched a review of its London professional and business services (PBS) staff, estimated to include 350 …
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Latham & Watkins’ Spain managing partner and former DLA Piper senior partner Juan Picón, one of his home country’s top commercial lawyers, has died of lymphoma cancer. A post on Picón’s LinkedIn profile about a week ago mentioned a ‘new challenge’, referencing an article on Spanish business media El Confidencial talking about an ‘unforeseen health issue’ …
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Revenue at CMS Cameron McKenna Nabarro Olswang hit £545.8m in 2018/19, 5% up on the previous year in what managing partner Stephen Millar (pictured) described as ‘pleasing results in a market which is experiencing a degree of uncertainty’. The results today (18 June) cover the second financial year since the three-way UK merger between Camerons, Nabarro …
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Any conversation with a French lawyer these days turns at some point to the volatility of the market and the unpredictability of the future. But there is more substance to these words this time around than a reflection of the industry’s traditional caution. In just over two years, France has gone from an election that …
Marco Cillario assesses the City-wide implications of Freshfields’ decision to dramatically hike associate salaries A decade after leading the way in resetting downwards the going rate for City associates, Freshfields Bruckhaus Deringer in May set a new standard for Magic Circle firms, raising its newly-qualified (NQ) salaries from £85,000 including bonuses to a symbolic £100,000, …
Greenberg Traurig’s executive chair Richard Rosenbaum has pointed to his firm’s track record for independent thinking as it enters Italy through a merger in Milan. In July, the northern Italian city will become the location of the Miami-bred firm’s 40th office, after Greenberg absorbs its local ally of 14 years, Santa Maria Studio Legale. Two …
Despite having launched five international offices in Asia and the Middle East since 2012, top-20 UK law firm Addleshaw Goddard had no presence in continental Europe until last month. That was when it announced the hire of five partners from Bryan Cave Leighton Paisner (BCLP) to spearhead a launch in Hamburg. The hires include the …
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Ireland The Emerald Isle may be small – its two million-workforce delivers a tax take of just €50bn – but last year’s exceptional 6.7% GDP growth followed an equally strong 2017 and makes Ireland the standout performer among the EU27. All would be well were it not for another six-month delay to Brexit. ‘There was …
Clyde & Co senior partner Simon Konsta (pictured) is to step down from his role in October just over half way into his five-year term. The firm announced today (10 June) that Konsta will hand over to arbitration co-chair Peter Hirst, as it reported its 21st consecutive year of revenue growth to £611m in the …
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