‘A difficult time’: Ashurst axes 54 City secretaries following redundancy review
Ashurst has culled more than half of its secretarial staff in London as its redundancy review draws to a ‘difficult’ conclusion.…
Deal Watch: International elite flock to $3.3bn Linde disposal as Paul Hastings hire secures 2nd deal for PE client
Freshfields Bruckhaus Deringer and Linklaters are leading on Linde’s $3.3bn Americas disposals, bringing the German gas group a step closer to…
Freshfields’ high-yield guru McKimm rejoins Shearman & Sterling
In a fresh blow for City giant Freshfields Bruckhaus Deringer, high-yield partner Ward McKimm is leaving after three years to…
Freshfields partner profits top £1.7m as City giant posts more confident year
Freshfields Bruckhaus Deringer has posted something of a rebound after announcing a 12% increase in profit per equity partner (PEP) to…
Ashurst taps Mayer Brown’s City office in disputes drive as White & Case adds Macfarlanes rising deal star Jones
The City lateral market has kicked off after an uncharacteristic hiatus in recent weeks, seeing Ashurst recruit disputes partner Tom Duncan…
Linklaters and A&O join Magic Circle peers in associate salary race to attract US talent
Linklaters and Allen & Overy (A&O) have joined Magic Circle peers Freshfields Bruckhaus Deringer and Clifford Chance to hike associate salaries in the…
Financials 2017/18: Ashurst posts 4% revenue uptick and second year of double-digit PEP growth
In what management has billed as ‘a strong performance globally’, Ashurst has reported a modest 4% uptick in revenue for…
Ashurst targets funds and Brexit business with Luxembourg launch
Ashurst is a step closer to building out its European funds offering having today (22 June) received licence approval for…
Full disclosure: Links and HSF usher in personal relationship policies in bid to face #MeToo demons
City firms Linklaters and Herbert Smith Freehills (HSF) have been spurred into action by the swathe of sexual misconduct allegations…
All restless souls – City firms braced as partnership goes Millennial
‘It was so long ago,’ reflects Malcolm Sweeting, Clifford Chance’s (CC) senior partner, of his promotion to partner in 1990.…
A&O lures FinReg head Penn back from Cleary as White & Case makes City funds play with partner hire
In a surprise move, Allen & Overy (A&O) has taken back its erstwhile financial services regulation head Bob Penn from…
White & Case sets ambitious Chicago growth plans after opening office with corporate and white collar hires
White & Case is continuing its dynamic growth drive apace as the US vanguard opens an office in Chicago to be…
Deal watch: Slaughters tunes into Sky bidding war as Links and Ashurst waste no opportunity on Cory Riverside disposal
Slaughter and May has been drafted in by the Walt Disney Company on its Sky News bid while Linklaters and Ashurst took the…
Tidswell goes unchallenged in securing second term as Ashurst chair
Ben Tidswell has been handed another term as chair of Ashurst following an election which last week culminated in his…
Deal View: Life after Hatchard – does Skadden hunger to take its peerless M&A team to the next level?
‘Theirs is the biggest succession issue faced by any firm in the City,’ says one Magic Circle partner of Skadden,…
Freshfields steps up New Law makeover with Euro services hub and Manchester expansion plans
Freshfields Bruckhaus Deringer is to build on its mass relocation of support roles to the north with the launch of an…
Another City loss for DLA Piper as private equity star quits for Paul Hastings
Paul Hastings has hired Anu Balasubramanian to lead its private equity team in London, a striking move that sees DLA…
Deal view: Life after Hatchard – does Skadden hunger to take its peerless M&A team to the next level?
‘Theirs is the biggest succession issue faced by any firm in the City,’ says one Magic Circle partner of Skadden,…
Deal watch: trio of big-ticket deals highlight frothy market for US and City elite
Barely a City or US firm in London has gone without popping a Champagne cork in recent days as big-ticket…
Freshfields names Pritchard new corporate boss as dealmaker Marchant retires after 30 years
M&A partner Julian Pritchard has been named Freshfields Bruckhaus Deringer’s new London deals head following the announcement stalwart dealmaker Simon Marchant…