Gibson, Dunn & Crutcher has added to its growing European offering with the appointment of London-based arbitration partner Jeffrey Sullivan from Allen & Overy (A&O).
Ince & Co is offering its lawyers the option to choose a different career path from the traditional partner track, as it revamps its associate pay structure. Lawyers at Ince will now progress up a four-step career programme applicable to trainees, associates, senior associates and managing associates.
In a second blow to Ashurst’s Paris office this year, the firm last month lost a four-partner team to Gibson, Dunn & Crutcher, led by litigation and restructuring partner Jean-Pierre Farges. Tasked with launching a new French litigation and finance practice at the US firm in Paris, Farges is joined by fellow disputes partners Pierre-Emmanuel …
Continue reading “Ashurst loses second Paris team this year as four partners quit for Gibson Dunn”
Linklaters, Davis Polk & Wardwell and Baker McKenzie led as L’Oréal looked to sell The Body Shop for €1bn to Brazilian cosmetic company Natura. Natura was in exclusive negotiations with L’Oréal, which put The Body Shop up for sale in February after buying the business in 2006 for £652m.
Travers Smith, Macfarlanes and Jones Day have all boosted their junior lawyers pay in this year’s review, in contrast to Herbert Smith Freehills and CMS McKenna Nabarro Olswang which have held pay for London associates, with some regional pay rises.
Allen & Overy (A&O) has soared ahead of its Magic Circle competitors, increasing its revenues by 16% to £1.52bn, while profits per equity partner (PEP) also rose by a significant 25%.
Charles Russell Speechlys (CRS) has opened its first Asian office in Hong Kong, with the hire of two lateral partners to form a new team, days ahead of a new Dubai office launch.
Following another expansive year, led by a new global senior partner, Clyde & Co has again posted a double-digit rise in its global revenue, passing the half-billion-pound mark to reach £508.1m.
Law Firm of the Year Mishcon de Reya has posted yet another outstanding set of financials for 2016/17, with turnover up 17% to £149.4m – meaning revenues have doubled since 2011/12 when the firm’s top line was £73.1m.
A former US Dentons associate is facing a criminal complaint of extortion against the firm after allegedly threatening to leak confidential information to a US legal blog unless Dentons paid him $210,000.
