Depressing end to Weinstein gagging order narrative means closure for none

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Depressing end to Weinstein gagging order narrative means closure for none

The whimpering conclusion to the three-year saga that dragged City law into the middle of #MeToo could hardly have been more frustrating for everyone concerned. The Solicitors Disciplinary Tribunal (SDT) announced in January that it had decided to stay proceedings against Allen & Overy employment veteran Mark Mansell (aka Solicitor Z) relating to a non-disclosure …

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Baptism of fire: New Hogan Lovells chiefs unveil record results as PEP nudges $2m

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Baptism of fire: New Hogan Lovells chiefs unveil record results as PEP nudges $2m

Taking the helm of a global law firm is no small feat at the best of times, much less so amid a global pandemic. However Hogan Lovells’ chief executive Miguel Zaldivar and his deputy Michael Davison, who assumed their roles last summer, had cause for cheer as the pair revealed a solid set of financial …

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Diversity guaranteed in Linklaters senior partner race as Jacobs takes JP Morgan role

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Diversity guaranteed in Linklaters senior partner race as Jacobs takes JP Morgan role

Charlie Jacobs, senior partner, chairman and rainmaker of Linklaters has taken the road less travelled for outgoing law firm leaders, landing himself the role of co-head of investment banking at JP Morgan. The audacious move will see Jacobs (pictured), who in January announced he was leaving the Magic Circle firm in October after 30 years, …

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‘Growth in the offing’: Cooley’s City turnover hit by IP team exit as PEP tops $3m 

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‘Growth in the offing’: Cooley’s City turnover hit by IP team exit as PEP tops $3m 

Cooley’s London office has suffered a 4% revenue drop following the loss of its intellectual property team amid a striking 25% surge in PEP to $3.2m and strong financials globally. The results revealed London turnover fell to $70.3m from $72.9m in 2019 – a reversal after a 9% increase last year marked a third consecutive year of revenue growth . 

Rude health: White & Case City revenue soars 18% and PEP cracks $3m to defy Covid

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Rude health: White & Case City revenue soars 18% and PEP cracks $3m to defy Covid

White & Case has traversed the pandemic minefield to reveal its strongest City financial results yet, with the London office increasing revenue by 18% in 2020 to $397m from $337m in 2019. The pacey London showing comes against a backdrop of global success and proved something of a resurgence, given disappointing results in 2019 when …

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Dealwatch: Elite firms land $4.7bn Signature Aviation deal as Euro SPAC market expects to fly

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Dealwatch: Elite firms land $4.7bn Signature Aviation deal as Euro SPAC market expects to fly

Private equity heavyweights gained major mandates as the bidding war for Signature Aviation took a riveting twist, while the US-driven special purpose acquisition companies (SPAC) craze looks set to take off outside the States. Kirkland & Ellis, Slaughter and May, Cleary Gottlieb Steen & Hamilton and Linklaters acted on the proposed take-private of Signature Aviation …

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‘Watch this space’: Simpson Thacher belies cautious reputation with European restructuring and antitrust push

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‘Watch this space’: Simpson Thacher belies cautious reputation with European restructuring and antitrust push

Those familiar with Simpson Thacher & Bartlett’s modus operandi will barely know what’s hit them this month as the usually conservative New York  outfit launched a European restructuring practice and announced a Brussels office within a couple of days of each other. The addition of a London restructuring practice to serve Europe is something of a coup coming as it does …

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Gibson Dunn embraces zeitgeist with launch of transatlantic ESG practice

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Gibson Dunn embraces zeitgeist with launch of transatlantic ESG practice

Gibson, Dunn & Crutcher has responded to the ever-increasing demand for environmental, social and governance (ESG) capabilities with the launch of a specialised practice fronted by a team of its lawyers out of the US and London. The new offering – aimed at providing clients with holistic advice on corporate responsibility, risks and opportunities –  will be …

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Freshfields looks to bring involvement in German cum-ex tax scandal to an end with €10m payment

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Freshfields looks to bring involvement in German cum-ex tax scandal to an end with €10m payment

Freshfields Bruckhaus Deringer has sought to draw a line under an uncomfortable chapter for the firm with a €10m payment to German authorities in connection with the cum-ex tax controversy. The matter centres on what had been cited as the biggest tax fraud in Germany’s history, underpinning the resignation and subsequent jailing in 2019 of …

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Akin Gump defies annus horribilis with 19% City revenue hike amid restructuring boom

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Akin Gump defies annus horribilis with 19% City revenue hike amid restructuring boom

It is often said that the legal industry excels in extreme market conditions and Akin Gump Strauss Hauer & Feld’s 2020 financial results bear testament to that, with the firm’s London office proving again bullish on the back of a stellar run of restructuring matters. City revenue grew a pacy 19% to $149.2m from $125.1m last …

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