After 26 consecutive years of revenue increases Bird & Bird, which has grown its top line by 162% over the last decade – largely through international expansion – has moved its Asia ambitions further forward by teaming up with noted Chinese firm AllBright Law Offices. Although the deal is no more than a non-exclusive co-operation …
The impact of Britain’s exit from the EU on the international strategy of City firms is still largely obscure – those announcing Dublin launches since the referendum have sought to play down the role of Brexit in their decision. But Bristowsʼ joint managing partner Marek Petecki is clear: the rationale for launching the firm’s first …
Leonard Green acquires gym chain for £600m 2017 has continued to provide rich pickings for firms with marquee private equity practices on either side of the Atlantic, with Latham & Watkins, Ropes & Gray and Travers Smith leading as US private equity house Leonard Green & Partners announced its £600m acquisition of PureGym from buyout …
It was one of the defining moments of the year: on 7 May president-elect Emmanuel Macron strode towards the stage outside the Louvre to give his victory speech to Ode to Joy. Much has been written on what that moment meant for France as a more confident, globally-minded country. The triumph of a 39-year-old ex-banker …
Continue reading “Letter from Paris: After the malaise, local counsel rediscover la joie de vivre”
It is dominated by mid-sized firms while global players and City leaders lag far behind. Watson Farley & Williams (WFW) sits in the third spot. You must scroll down nearly 40 positions before finding the likes of Linklaters and Clifford Chance. It is not the chart for revenue, profits or partner earnings. It is a …
Continue reading “Reversal of fortunes – how three mid-tiers outgunned the City elite for a decade”
With an three terms under his belt it was not a shock that Taylor Wessing’s UK managing partner Tim Eyles has ruled himself out of another run but the impending handover will still be a significant changing of the guard. ‘This is a firm where nine years is a very long time,’ says one partner. …
While Norton Rose Fulbright’s (NRF) chief executive Peter Martyr is closing in on two decades leading the firm, its C-suite will see a new face with Tricia Hobson becoming its first female chair and Stephen Parish stepping down as EMEA chair next spring. NRF announced that Australia head Hobson will take over as global chair at …
Continue reading “NRF appoints first female chair as City veteran Parish steps down”
Linklaters and Milbank, Tweed, Hadley & McCloy have successfully defended client Visa in a claim brought by Sainsbury’s, with Mr Justice Phillips ruling for the first time that interchange fees do not affect competition. The case which concluded yesterday (30 November) initially saw a number of retailers led by the Arcadia Group claim that fees charged to …
UK-based deal specialists were busy this week advising on cross-border transactions spanning three continents. Linklaters and White & Case have deployed their global teams to act on a $2.73bn refinancing for an infrastructure project across two countries in sub-Saharan Africa.
Bird & Bird continues to invest in its international operations, launching its second Dutch office in Amsterdam 16 years after opening in The Hague. However the new base, operative in January 2018, will not have any permanent staff but act as a hub for the firm’s lawyers to meet with Amsterdam-based clients as well as …
