Q&A: Incorporating social value into projects
Lorraine Bellinger, head of legal project delivery at international law firm Bird & Bird, on ensuring social benefit is considered at all stages of a project
Q&A: Kristóf Ferenczi, firm managing partner, discusses the future of Kinstellar
Can you share your journey in the legal field leading up to your current role as managing partner? I started my legal career more than two decades ago as a trainee at the then-established Budapest office of Linklaters, and during my early years I was also seconded to the firm’s London office. My early professional …
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‘Clients want to come to the best’: Quinn Emanuel breaks $2bn barrier with 26% revenue jump
Quinn Emanuel today announced its firmwide financial results for calendar year 2023, with the litigation powerhouse joining an elite band of firms to notch revenue over $2bn, with a 26% jump taking it from $1.65bn last year to $2.08bn. The firm also broke $1bn in profit, which reached $1.35bn. Revenue per lawyer was up nearly …
Changing of the guard: DLA Piper elects next managing partner
DLA Piper has today (23 February) announced the election of Charles Severs as its next managing partner. His tenure will begin on 1 January 2025. Severs moved to DLA Piper as a partner in 2003 from Herbert Smith Freehills. A Legal 500 Hall of Famer for M&A: Lower Mid-Market Deals, Severs has an impressive client …
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Revolving Doors: A&O bolsters City structured finance team with Milbank hires
Leading this week’s high-profile moves, Allen & Overy has appointed John Goldfinch as a partner in its global structured finance practice in advance of its planned merger with Shearman & Sterling. Previously at Milbank, Goldfinch has experience dealing with derivative products and securitisation asset classes including CLOs and CDOs (cash and synthetic), lease receivables, trade …
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Dealwatch: US firms lead on household names The Body Shop and Yodel as restructuring returns
The long-dormant restructuring market has had a shot in the arm recently, with the City teams of US stalwarts winning lead mandates on the administration of The Body Shop and a rescue deal of Yodel. Jones Day and White & Case are handling the administration of cosmetic group The Body Shop, while Dechert and Weil …
Legal Business Global London survey – submissions close soon
The Global London survey window will be closing on Friday 1 March. We invite all participating firms to complete the survey. Global London is an annual report on the performance of US and international firms in London, which appears in the March/April issue of Legal Business.
Resistance is agile – Euro Elite firms adapt to survive amid global turbulence
Last year, our annual Euro Elite survey of 100 leading independent firms across more than 40 jurisdictions found partners in a positive mindset but nervous about the potentially bleak outlook for 2023. Those fears had some foundation. Key market players – both new and old – said that the continent’s law firms would be remiss …
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Breaking barriers: Garrigues tops €450m revenue in milestone for Euro Elite firms
Spanish leader Garrigues has continued its pacesetting reputation among the Euro Elite firms by becoming the first in the group to break the €450m turnover barrier. The results, announced on Tuesday (20 February) continue a decade-long purple patch for the firm, with a 2.5% revenue increase on last year to €454.3m marking a banner year.
Financial Regulatory and Disputes Summit: Stranger than fiction
Even amid a stellar agenda at Legal Business’ Financial Regulatory and Disputes Summit 2023 last November, CMS’ session – Shams and charades: Lessons learned from abusive litigation against banks – made shockwaves around the auditorium of the Queen Elizabeth II Centre in London’s Westminster. Indeed, it’s not often that a panel discussion elicits gasps of …
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