City revenues shoot up 16% after another bumper year for Quinn Emanuel

Disputes heavyweight Quinn Emanuel Urquhart & Sullivan has continued its impressive run of form in London as City revenues for 2018 shot up 16% to £83.6m. The US-bred firm also saw profits rise 13% to £59.3m. As a result, Quinn’s London profit margin is consistent with the business globally at 70%. Quinn London co-managing partner Richard …

Fieldfisher swims against the current with launch of stand-alone alternative investments law firm

Fieldfisher swims against the current with launch of stand-alone alternative investments law firm

Never a firm to rest on its laurels, fast-paced Fieldfisher has taken the unusual step of launching a separate law firm focused on hedge funds, derivatives and alternative investments. The new entity – called Cummings Fisher – sees Fieldfisher hire three partners from other law firms to run it. Financial services partner Claire Cummings, who founded …

HFW continues Middle East growth drive with Saudi Arabia association

HFW has continued its Middle East expansion after striking an alliance with Saudi Arabian firm Mohammed Al Khiliwi. Named partner and leader of the Riyadh outfit, Al Khiliwi, will join HFW’s partnership as part of the agreement, subject to authorisation by the Solicitors Regulation Authority. HFW insurance partner John Barlow, who splits his time between Riyadh …

White & Case duo among four solicitors made up in reduced 2018 silk round

White & Case duo among four solicitors made up in reduced 2018 silk round

White & Case arbitration partners Dipen Sabharwal (pictured) and Aloke Ray make up half of the solicitor-advocates taking silk in this year’s Queen’s Counsel (QC) appointments, with 108 making the cut overall. Completing the all-male group of solicitor-advocates taking silk were Allen & Overy partner Mark Levy and Stephen Fietta, founder of disputes boutique Fietta.

Revolving doors: DAC Beachcroft christens new year with Paris opening as WFW, Cooley and HFW make European hires

DAC Beachcroft has extended its European footprint with the opening of a new two-partner Paris office, while Watson Farley & Williams, Holman Fenwick Willan and Cooley also kicked off 2019 with key lateral hires. The new Paris office is DAC’s first in France and its 12th worldwide. Two partners have been hired from local firm …

From monkey to organ grinder – assessing the modern in-house team

From monkey to organ grinder – assessing the modern in-house team

Sabine Chalmers was concerned about coming back to the UK. Absent for more than two decades, most recently in the US as chief legal and corporate affairs officer at drinks giant Anheuser-Busch InBev, she had built a reputation as one of the leading lights of the general counsel (GC) community. But when she first left …

Shake it all about: in-house versus external advisers

Shake it all about: in-house versus external advisers

Alongside the oft-spouted rhetoric of ‘more for less’, in-house lawyers are more frequently bringing work in-house and trying to wean themselves off external advisers and panels. In our survey, 85% said their company has a policy of retaining more matters in-house to reduce legal spend. When asked the same question in 2015, only 70% of …

The MBA all-stars: training and development for GCs

The MBA all-stars: training and development for GCs

In-house legal teams have become more sophisticated over the last 20 years but, according to many general counsel (GCs), the pressure to widen their skillsets over the next decade is intense. For Pearson GC Bjarne Tellmann, the roundedness of the modern in-house lawyer starts with the training they receive, but he laments a hole in …