The Global 100: The Zone – The US elite turns up the pressure
The gap between top US firms and the middle-tier masses continues to widen as pressure to secure top-decile talent intensifies.…
The Global 100: The European question – Have years of cuts left the Magic Circle exposed as Brexit looms?
London’s top firms have been quietly retrenching for years in mainland Europe. As Brexit looms, where has that left…
Ince & Co brings in alternative career to partnership as it shakes up associate pay
Ince & Co is offering its lawyers the option to choose a different career path from the traditional partner track,…
Ashurst loses second Paris team this year as four partners quit for Gibson Dunn
In a second blow to Ashurst’s Paris office this year, the firm last month lost a four-partner team to Gibson,…
Linklaters advises L’Oréal on €1bn Body Shop sale
Linklaters, Davis Polk & Wardwell and Baker McKenzie led as L’Oréal looked to sell The Body Shop for €1bn to…
Allen & Overy posts pace-setting 25% rise in PEP with top line reaching £1.52bn
Allen & Overy (A&O) has soared ahead of its Magic Circle competitors, increasing its revenues by 16% to £1.52bn, while…
Charles Russell hires Hong Kong duo to enter Asia’s burgeoning high net market
Charles Russell Speechlys (CRS) has opened its first Asian office in Hong Kong, with the hire of two lateral partners…
And then there were three: Forex drives CC’s income up £150m as City giant hikes partner profits 11%
Clifford Chance (CC) has become the third Magic Circle firm to announce its 2017 results, with revenues up 11% to…
Financials 2017: Mishcon breaking targets again as revenue doubles in five years
Law Firm of the Year Mishcon de Reya has posted yet another outstanding set of financials for 2016/17, with turnover…
Financials 2017: Ashurst boosts revenues 7% after year of departures and disappointing financial results
Ashurst has improved its revenues by 7%, following last year’s disappointing financial results, with an 11% boost to its profits…
The legal profession’s ‘domination’ of best employer rankings hits parody levels as City law firms recast as social mobility champions
For those in the legal profession, its record on casting its net beyond the privileged has long been an embarrassment……
‘In acquisitional mode’: Clyde & Co takes on five-lawyer marine team from Eversheds Sutherland
Clyde & Co has picked up a five-lawyer marine team from newly-merged Eversheds Sutherland, including the firm’s head of shipping.
Financials 2016/17: Stephenson Harwood revenues climb 11% as PEP falls 9%
Stephenson Harwood has posted another year of growth with revenues up 11% to £176m. The firm, however, saw a drop…
Ex-KWM real estate duo exits Ashurst for Fried Frank after one year
Real estate duo Darren Rogers and Patrick Williams has resigned from Ashurst to join Fried, Frank, Harris, Shriver & Jacobson’s…
Pinsent Masons hires rival Maclays’ financial services head Young
Pinsent Masons has hired Scottish rival Maclay Murray & Spens’ financial services head David Young (pictured) to Pinsents’ Edinburgh and London…
Clifford Chance loses City finance partner to Vinson & Elkins
Vinson & Elkins (V&E) has hired London Clifford Chance (CC) finance partner John Dawson, as the US firm strengthens its…
Gibson Dunn appoints HSF global energy co-head to bolster London energy practice after Houston launch
Gibson, Dunn & Crutcher’s London office has appointed Herbert Smith Freehills’ (HSF) global energy co-head Anna Howell as a partner,…
Linklaters advises L’Oreal on €1bn sale of The Body Shop alongside Baker McKenzie and Davis Polk
Linklaters, Davis Polk & Wardwell and Baker McKenzie are advising as L’Oreal looks to sell The Body shop for €1bn…
Freshfields to deploy second-tier lockstep for more partners as profit drive continues
As Freshfields Bruckhaus Deringer continues its profitability drive, almost a quarter of the global partnership is expected to be on…
‘Much busier than expected’: White & Case and Freshfields advise Alfa Financial Software on IPO
White & Case’s City growth strategy is seeing results with the US firm and Freshfields Bruckhaus Deringer winning places advising…