City laterals were active last week in a bolstered global recruitment round, as McDermot Will & Emery was joined by Capsticks and Bates Wells Braithwaite (BWB) in making London plays. Meanwhile Eversheds Sutherland was among the firms looking to prise talent away from in-house teams as Kirkland & Ellis and DLA Piper made significant moves …
US player Morrison & Foerster emerged as the only firm to make a significant lateral hire in the City last week, while Fieldfisher bolstered its new Luxembourg office and Reed Smith made a triple hire in the Middle East at the expense of Pinsent Masons. MoFo strengthened its London finance practice with the hire of …
Change always creates opportunities,’ says Nick Scott, the new managing partner at Brodies, when asked about this year’s departure of predecessor Bill Drummond. But he then quickly adopts a more cautious tone: ‘There will be no radical change to the way we will run our business.’ Scott’s reticence to herald a new era with a …
Continuing its consistently impressive organic growth, South East heavyweight Stevens & Bolton has posted a 9% hike in turnover to a new high of £26.8m, as the firm maintains its climb up the Legal Business 100. Profit per equity partner, meanwhile, also hit a record high in 2017/18, increasing by 25% from £330,000 to £411,000. The …
City laterals stayed quiet last week continuing a recent hiatus while the US was the centre of attention internationally with DLA Piper, Baker Botts and Cooley all making hires across the Atlantic. US laterals defined last week’s international recruitment round, with Baker Botts leading the way with a strategic hire from American powerhouse Kirkland & Ellis. Capital …
Pinsent Masons has recorded slower revenue growth for the 2017/18 financial year, with turnover increasing by 6% to £449.8m compared to the 11% growth the firm recorded last year. Profit per equity partner (PEP) increased by 4% to £653,000, a significant slowdown from the 14% growth registered last year, however the increase comes despite the …
Paul Hastings pulled off two headline lateral hires in London in a week as the US firm strengthens its corporate offering in the City. Private equity rising star Anu Balasubramanian was the first hire announced, as DLA Piper lost another key dealmaker in the City. The addition will be a major boost to Paul Hastings’ …
Continue reading “Paul Hastings doubles up in the City as A&O loses global IP head to Kirkland”
Legal Business 100 pacesetter Fieldfisher has further extended its European reach with the opening of a new office in Luxembourg, which will be managed by country managing partner Ingrid Dubourdieu who joins from local firm D.Law. Initially focusing on finance and funds work, the London-headquartered firm expects the office to grow into corporate M&A and …
Continue reading “Fieldfisher continues European push with Luxembourg and Frankfurt offices”
Life sciences giant puts £46bn offer on table for Irish rival Magic Circle duo Slaughter and May and Linklaters have been joined by Davis Polk & Wardwell and Ashurst in landing key mandates as Japanese giant Takeda Pharmaceutical Company launched a £46bn takeover of Shire last month.
The burgeoning legal technology scene has seen Slaughter and May confirm it will launch a legal technology incubator in the next year, while highly-rated start-up Tessian raises £9m. In a highly symbolic move for the industry, Magic Circle firm Slaughters has confirmed the launch of a law tech programme it flagged earlier this year, to sit …
