Kirkland & Ellis has recorded a significant upsurge in its revenue and profit per equity partner (PEP) in 2016, as a partner in the firm’s London restructuring team has departed for KKR spin-off Pillarstone.
Reed Smith is opening a new office in Miami after hiring a seven lawyer arbitration and litigation team from local firm Astigarraga Davis.
LLP accounts show City elite firms Travers Smith and Mishcon de Reya both saw double digit turnover growth in 2016. While Travers lifted its top paid member to £1.5m, Mishcon’s highest paid dipped slightly.
Roster reduced from 48 to 18 firms following Crown Commercial Services review Eighteen firms have been appointed to the Crown Commercial Service (CCS)’s general legal advice panel in a two-year, £400m contract. The process, which splits firms between two tiers, had a significant focus on both cost and quality.
Leavers’ provisions in war for talent come under scrutiny While the first round of a case that saw Herbert Smith Freehills (HSF) pursue an action against eight partners who quit to join White & Case in Australia has concluded, the dispute has highlighted the ongoing war over talent between UK firms and their US rivals.
Promoted to group GC at the start of the year, the experienced M&A lawyer on why he wants to stay hands-on When Ruwan De Soyza arrived for his interview with former Worldpay general counsel (GC) Mark Chambers in 2011, he thought he was being considered for the role of GC for corporate services. Unbeknown to …
Following DAC Beachcroft‘s decision to establish a four-firm international network earlier this year, Weightmans is collaborating with firms from the UK, Spain, Canada and the USA to provide a global insurance service to clients.
Despite a drastic reduction in firms for its general advice panel, the government has indicated it will not reduce the amount of firms on its roster as it tenders for a new legal panel for finance work.
Addleshaw Goddard and Burges Salmon have announced their latest partner promotions, with Addleshaws seeing a sharp drop in the number of associates being made up from last year.
Payments company TransferWise is in the process of finalising its first ever roster of firms in what general counsel Jenifer Swallow describes as a ‘non-panel, panel review’.
