RPC abandons all-equity structure in sweeping partnership shake-up

RPC abandons all-equity structure in sweeping partnership shake-up

Reversing a common trend among many City firms in recent years, RPC is to introduce the roles of fixed share and salaried partner for the first time in its history – a move the firm said reflected ‘changing expectations of people, market and client demand’. However, the status of its current 76 equity partners will …

Chadwick gets second term as Bakers’ London head after winning contested election

Chadwick gets second term as Bakers’ London head after winning contested election

Baker McKenzie tax partner Alex Chadwick (pictured) will lead the firm’s City office until the end of 2022 after seeing off competition from antitrust partner Samantha Mobley. The firm announced today (19 November) the election of Chadwick for a second three-year term at the helm of the firm’s 500-strong London base, following a contested vote last …

Linklaters ExComm bag £25m amid surge in revenue from US and AsiaPac, LLP accounts reveal

Linklaters ExComm bag £25m amid surge in revenue from US and AsiaPac, LLP accounts reveal

The 12 members of Linklaters’ executive committee and senior partner Charlie Jacobs saw a 17% pay increase to more than £25m last year, the firm’s LLP accounts show. Published this week (4 November), the accounts also revealed double-digit revenue growth in the firm’s non-European offices in the year to April 2019. Asia Pacific turnover surged …

Dentons rejigs US structure in bid to create first ‘truly national’ American dream team

Dentons rejigs US structure in bid to create first ‘truly national’ American dream team

He may have overseen more than 50 law firm combinations over the last decade – 12 since July alone – but Dentons chair Joe Andrew (pictured) is adamant that the double US tie-up his firm pulled off at the beginning of October is something completely different. Pending approval by the partnerships, the 10,000-lawyer globetrotter will …

DWF brings post-float sales pitch to Germany as it seals Düsseldorf deal

DWF brings post-float sales pitch to Germany as it seals Düsseldorf deal

DWF Europe chair Ulrich Jüngst aims to triple German lawyer headcount and launch in Frankfurt after opening the firm’s second international office since listing on the London Stock Exchange. DWF announced its fourth German base in Düsseldorf in October after taking over six-lawyer corporate boutique Marccus Partners. While Marccus is not listed in any of …

Letter from… Sydney: After the churn of the foreign influx, Australian legal elite look primed for their golden age

Letter from… Sydney: After the churn of the foreign influx, Australian legal elite look primed for their golden age

Some speak of the dawn of a ‘golden age’ for the market; others of a sugar rush for the country’s top players; while a third group warns of more challenging times to come. Whichever way you look at it, the feeling is that a new era has begun for Australia’s legal industry. While relatively unscathed …

White & Case’s City partner promotions drop to three in shift from NYLon focus amid 45-strong round

White & Case’s City partner promotions drop to three in shift from NYLon focus amid 45-strong round

In an unusual move, White & Case has largely overlooked London in its latest partnership promotions as the firm minted only three in the City as part of its largest ever round. The firm announced today (11 October) that as of January 2020 it will promote 45 of its lawyers to partner, four more than last …