Accounts revealed: DLA Piper revenues slip as partner numbers shrink
DLA Piper‘s European, Asian and Middle Eastern operations suffered a fall in revenue from £800m to £787.5m for the 12 months to 30 April 2014.
Losing QCs: BLP’s plan to compete with the Bar hit by another advocacy exit
Stuart Isaacs QC, the man brought in to lead Berwin Leighton Paisner‘s advocacy unit and compete with the Bar, has departed for King & Spalding.
Targeting Amsterdam: Baker & McKenzie bulks up with Linklaters partner and Houthoff Buruma team
Baker & McKenzie has ramped up its corporate offering in Amsterdam with the hire of seven lawyers including Linklaters‘ corporate partner Henk Arnold Sijnja and a large team from local firm Houthoff Buruma.
Old or new BLP: Which way will the firm turn with its next managing partner?
Berwin Leighton Paisner‘s (BLP) head of employment Lisa Mayhew will face off against corporate chief David Collins in the battle to replace Neville Eisenberg (pictured), the firm’s managing partner for the last 16 years.
Global arbitration: French and British lawyers dominate appointments to ICSID arbitrations
Traditionally dominated by US lawyers, French and British arbitrators trumped their North American rivals last year by securing more arbitral appointments at the World Bank’s International Centre for Settlement of Investment Disputes (ICSID).
Asia: DLA Piper builds up its Singapore office while Milbank and Sidley expand in China
DLA Piper, Milbank, Tweed, Hadley & McCloy and Sidley Austin have all completed partner raids on rivals in Asia as they seek to expand their presence in the region.
Dealwatch: Simpson Thacher leads for KKR as thetrainline.com opts for sale over IPO
Private equity powerhouse KKR has purchased travel ticket seller thetrainline.com, with its go-to law firm Simpson Thacher & Bartlett advising on a deal that diverted the company from carrying out its announced IPO on the London Stock Exchange.
Clashing titans: Taylor Wessing acts as MetLife sues A&O client JP Morgan for $107m
Two giants of the US financial services market, insurer Metlife and investment bank JP Morgan, have begun a legal battle in the UK High Court over a $107m sum the insurance firm says it is owed after ‘breaches of contract’.
Paying the tab: Mishcon defeated as firm loses celebrity chef Ramsay’s High Court pub rent battle
Mishcon de Reya client and celebrity chef Gordon Ramsay has lost a High Court battle over the £640,000 annual rent of a London pub.
An ‘exemplary’ presented case: Freshfields-advised Sotheby’s prevails against claim it mistook a Caravaggio for a copy
Freshfields Bruckhaus Deringer has successfully had dismissed a multimillion pound lawsuit against auction house Sotheby’s concerning whether a painting of The Cardsharps was properly analysed and catalogued.