Stephenson Harwood has formalised its association with Chinese law firm Wei Tu, while Allen & Overy has made a key hire into its finance practice in Hong Kong.
The latest to release its partnership promotions, Slaughter and May has announced ten promotions all in the City, a big bump on last year’s round of four.
Finance company Fairpoint Group, which in recent years has pushed into the legal market with the acquisitions of Simpson Millar and Colemans, has posted annual revenue of £31.6m from its legal services division. The figure is a 165% jump on the £11.9m brought in last year.
Berwin Leighton Paisner (BLP) has made 17 partner promotions worldwide, in a bumper round more than three times last year’s round of five. Of these 17, 82% were promoted in London and six in the firm’s real estate practice.
Magic Circle firm Allen & Overy (A&O) has taken a lead role acting for Deutsche Börse as it spins off its US options exchange operator International Securities Exchange, in a move which looks to aid the German stock exchange operator’s proposed merger with the London Stock Exchange (LSE).
Reed Smith has reported global revenues fell 2.5% in 2015 to $1.12bn from $1.15bn, while profits per partner were lower by 8.1%, which the firm has said is due to poor commodity prices and early resolution of some litigation matters.
Squire Patton Boggs has promoted seven in the City in its latest global partnership round of 30, where it has made up the same number of partners across the globe as it did last year.
Lobby groups set up on both sides as questions loom large for the country’s legal framework Debate among lawyers over Brexit stepped up last month as lawyers from chambers 8 New Square and Legal Business 100 firms Slaughter and May, CMS Cameron McKenna and Wedlake Bell formed a new pro-Brexit lobby.
Victoria Young speaks to the management duo about the transformed mid-market player ‘We’ll be the first to admit the firm of five years ago wasn’t delivering what the partners wanted,’ says Fieldfisher managing partner Michael Chissick. In 2012, Legal Business took a close look at Field Fisher Waterhouse and at the time the mid-market law …
Continue reading “‘We needed to move on’: Why Fieldfisher has turned its back on the dating game”
Quinn Emanuel Urquhart & Sullivan has added a second partner to its competition practice with the appointment of DLA Piper UK competition head Kate Vernon (pictured).
