Allen & Overy has launched a West Coast US practice, acquiring Akin Gump Strauss Hauer & Feld’s project finance and renewables team in the US. As a result, the team co-led by partners Dan Sinaiko and John Marciano will establish a new presence in Los Angeles for A&O. The team also comprises partners Greg Lavigne, …
There was an in-house flavour to this week’s recruitment round, while Addleshaw Goddard, Davis Polk, Paul Hastings and Faegre Drinker Biddle & Reath all made key partner hires. Linklaters has lost its partner and global US practice head Tom Shropshire (pictured), as he departs to take over the GC and company secretary position at multinational …
Despite starting the financial year by reducing partner drawings in response to the pandemic as well as other cost-cutting measures, Reed Smith has unveiled a respectable set of results that saw global revenue rise to over $1.3bn. Overall revenue increased 5% from last year’s $1.25bn to $1.31bn this time around, while revenue per lawyer jumped 4% from $778,000 to $811,000. However there was a striking 16% uptick in …
In a Supreme Court judgment with potentially profound implications on the future of the gig economy, it was held that Uber drivers are workers entitled to full employment rights. The Supreme Court unanimously ruled on Friday (19 February) that under the Employment Rights Act 1996, Uber drivers are full employees and therefore in line to …
Allen & Overy (A&O) has made a significant US leveraged finance play by hiring a partner from White & Case, as a host of firms added to their benches internationally. Jake Mincemoyer has been appointed head of A&O’s US leveraged finance practice in New York, having previously led White & Case’s Americas banking department. He …
Quinn Emanuel Urquhart & Sullivan has reinforced its considerable disputes strength with a senior hire, as a host of firms focused on London for their partner recruitment. Paul Baker, Simmons & Simmons head of dispute resolution in the UK, has joined US litigation heavyweight Quinn Emanuel as a partner in London. With a specific focus on …
Missouri-bred Armstrong Teasdale has made an ambitious London launch via the acquisition of Kerman & Co and its 50 lawyers and staff. The buyout will boost Armstrong Teasdale’s global headcount to over 340 lawyers, and marks the firm’s eighth office opening in the last two years. It swiftly follows the firm’s Delaware launch in January.
Pinsent Masons and Addleshaw Goddard have made significant office openings in Europe, while a host of other firms have expanded their benches worldwide this past week. Pinsents has unveiled plans to launch its first office in the Netherlands, hiring partner Wouter Seinen from Baker McKenzie to lead its new Amsterdam base. Seinen specialises in data …
Legal Business’ recent analysis of Ireland’s legal market warned against underestimating the resilience of the Irish, so Mason Hayes & Curran’s less-than-catastrophic 6% dip in turnover for a financial year defined by Covid-19 should come as little surprise. Revenues at the full-service Irish firm fell to €80m as it acknowledged a substantial hit to both transactional and contentious workflows. In a statement, managing …
Continue reading “Reality bites as Mason Hayes posts 6% revenue drop in bellwether for Irish firms”
Maintaining the international flavour of recent lateral hiring activity, Clifford Chance, Kirkland & Ellis, RPC and Reed Smith have all announced hires overseas this past week. In Asia, G100 heavyweight Kirkland has strengthened its Hong Kong capital markets practice with the hire of partner Mengyu Lu, who arrives from Sidley Austin. Lu’s expertise lies in advising on …
Continue reading “Revolving Doors: International hires continue as firms increase Asia focus”
