Norton Rose Fulbright (NRF) is shifting its financial reporting to the US calendar year-end in a symbolic move towards a more integrated business. The move, which the firm describes as a bid to align the European operations with the global business, also means NRF will not be announcing Europe, the Middle East and Africa (EMEA) partner …
Linklaters, Slaughter and May and Gibson Dunn & Crutcher have won key roles as Sainsbury’s agreed to merge with Asda in a landmark £3bn deal which will create Britain’s biggest supermarket chain. The deal announced today (30 April) will establish one of the largest employers in the country, worth £51bn in revenue, operating around 2,800 …
Fieldfisher, Kirkland & Ellis and Stephenson Harwood were the big winners at the 2018 Legal Business Awards in front of more than 900 people last night (18 April), as Allen & Overy’s deal star Denise Gibson was recognised as Lawyer of the Year and BT’s Dan Fitz GC of the Year. Hosted by journalist, writer …
In a marked shift in leadership away from its Illinois roots, Global 100 giant Mayer Brown has appointed City-based veteran Jeremy Clay as its new managing partner. Global real estate head Clay will replace Washington-based litigator Kenneth Geller, who took on the role in 2009.
Covington & Burling is to deepen its European footprint with the opening of a new office in Frankfurt – the firm’s third office in the region – while Dentons has taken on 17 partners from domestic Australian firm DibbsBarker. The US firm has announced today (28 March) the opening of a new Frankfurt branch, which will …
Marco Cillario finds City offices outpacing worldwide growth at many Global London firms 2017 was a boom year for many of the London outposts of US law firms, with several convincingly outpacing their firm’s global performance financially and two passing the $300m mark. And it was not just a frenetic private equity market that boosted …
Continue reading “‘Investments have come home’: City branches stand out in big year for US players”
A surging private equity market, the City’s first $10m lateral and two law firms passing the $3bn mark. At first glance, 2017 looks to have been another boom year for international players in London. Neither did it hurt that City practices in a significant number of cases outpaced firm-wide revenue growth at many prominent US …
Marco Cillario rounds up the latest stats as the April deadline looms And so it begins. The first gender pay gap reporting season has kicked off and for many Legal Business 100 law firms (and indeed all British companies with 250+ people) there is an early April deadline to disclose how much they are paying …
Continue reading “‘It’s a promotion problem’: what the gender pay gap figures tell us so far”
It is well known that Italian law firms owe much of their fortunes to a small group of veteran rainmakers when it comes to M&A work. In a market still dominated by elder statesmen and their decades-long connections with the country’s top corporates, 69-year-old Roberto Casati leaving Cleary Gottlieb Steen & Hamilton to join Linklaters …
Integration has long been one of the key issues for Baker McKenzie, a firm with heritage as a franchise and a long fight against the much-loathed ‘McFirm’ tag. A sign that things are changing came in February, when Legal Business reported that the firm is to bring London and eight of its offices in Europe, …
