The Legal 500 View: Ranking the top firms in the new normal

The Legal 500 View: Ranking the top firms in the new normal

Legal 500 UK editor Georgina Stanley on the headline data and what’s new in this year’s guide

With thousands of distinct rankings for both law firms and individual lawyers, The Legal 500 UK Solicitors Guide 2021 is now live on legal500.com, despite the global pandemic meaning the entire thing was researched and edited remotely. Continue reading “The Legal 500 View: Ranking the top firms in the new normal”

Life During Law: Andrew Ballheimer

Life During Law: Andrew Ballheimer

I’m the son of immigrants and they were intent that I had an education, so I had to become a professional. To be honest, I was only going to practise law for two years and then do something else.

The first thing I ever did as an associate was spend all night perfecting a document, checking every page. Two-months qualified at the signing, I handed over the execution page. I’d misspelt the client’s name. You spend all this time getting it right and everything’s perfect except for the most important word in the document. His bloody name! Continue reading “Life During Law: Andrew Ballheimer”

Disputes Yearbook – online pdf

Disputes Yearbook – online pdf

While much of the country works from home we are providing an additional online option for you to access your copy of the Disputes Yearbook 2020. Please see below for a link to an online pdf of the Disputes Yearbook 2020. This will only be accessible to subscribers. Please make sure you are logged into the site to see the link.

Legal Business subscribers will be receiving their physical copies of the Disputes Yearbook once Legal Business resumes normal circulation.

Continue reading “Disputes Yearbook – online pdf”

‘Universal slowdown’ adds up to a less dynamic year but Kirkland becomes first $4bn law firm

‘Universal slowdown’ adds up to a less dynamic year but Kirkland becomes first $4bn law firm

Thomas Alan finds revenue growth tempered at many US firms with 2019 proving a sterner test for the global elite

It would have been difficult to match the rampant advances of US firms among the Global 100 in 2018 and so it has proven. A handful of the largest players endured quieter years with uncertainty identified as the primary culprit, but the big picture is still one of global growth, as Kirkland & Ellis became the first law firm in the world to hit $4bn, just two years after breaking the $3bn barrier. Continue reading “‘Universal slowdown’ adds up to a less dynamic year but Kirkland becomes first $4bn law firm”

Corporate losses continue for Freshfields as Latham makes public M&A play in London

Corporate losses continue for Freshfields as Latham makes public M&A play in London

Kirkland & Ellis topped M&A rankings for Europe last year, bringing in a total of $224.2bn in deals, while Freshfields Bruckhaus Deringer came in second at $221.7bn. Little wonder then that rival Latham & Watkins has targeted Freshfields for its most significant London lateral hire in some time, bringing in public M&A rising star Sam Newhouse.

It is inevitable that public M&A work in London – long-considered the preserve of the Magic Circle – has become the latest hunting ground for ambitious US players as an alternative to private equity and funds-driven corporate work. White & Case is well-established in the area and Weil, Gotshal & Manges has made no secret of its desire to find talented company for veteran Mike Francies, as it did with the hire of David Avery-Gee from Linklaters last year. Continue reading “Corporate losses continue for Freshfields as Latham makes public M&A play in London”

Significant hires

Significant hires
  • Cooley has revisited Latham to further boost its capital markets practice in London. New partner David Boles advises on international capital markets and securities regulation, and represents investment banks, issuers and investors. Cooley previously hired from Latham’s capital markets team in March 2019, taking on Claire Keast-Butler. Capital markets partner Ed Lukins departed Cooley to join Orrick in September.
  • Greenberg Traurig has continued its London recruitment push, this time hiring Ian Jack from Baker McKenzie to strengthen its City restructuring practice as firms look to hedge against increasing economic uncertainty. Jack, who was co-head of global restructuring and insolvency, has joined Greenberg after more than two decades at Bakers.

Continue reading “Significant hires”

Barclays acquittal draws flak for flawed SFO prosecutions despite record Airbus win

Barclays acquittal draws flak for flawed SFO prosecutions despite record Airbus win

Thomas Alan assesses the fresh controversy around SFO tactics

It claims it is a public service hamstrung by archaic laws and deserves more sympathy; its critics make unfavourable comparisons to the civil service and question the competency of its lawyers. Continue reading “Barclays acquittal draws flak for flawed SFO prosecutions despite record Airbus win”