Paul Weiss continued to cut a swathe through the London market this week with a double partner hire from Clifford Chance. The US firm brought over Legal 500 private equity leading individual Christopher Sullivan, who led the UK private equity practice at CC, and acquisition finance partner Taner Hassan, who joins as head of European …
1. What are the key regulatory changes that have impacted the banking and finance legal market in the UAE in the past year? In 2023, the United Arab Emirates (UAE) banking and finance legal market has witnessed significant regulatory changes that now effectively require that banks secure loans with tangible assets (in addition to, or …
Showing no signs of winding down for Christmas, Paul Weiss has continued its aggressive London recruitment drive with the double hire of Clifford Chance private equity partner Christopher Sullivan and acquisition finance partner Taner Hassan.
In a continuation of Paul Weiss’ impressive recruitment efforts in London, Nicole Kar has joined the US firm as a partner, according to a source familiar with the situation. Recognised in The Legal 500 Hall of Fame for her expertise in competition law, Kar has dedicated more than twenty years of her career to Linklaters, joining …
In a move that may not come as a surprise to most, Allen & Overy (A&O) has unveiled a list of contenders for the managing and senior partner roles, with no Shearman & Sterling partners in the race. Private capital group co-chair and global banking practice co-head Philip Bowden (pictured) is among three lawyers vying …
Continue reading “Shearman partners overlooked in Allen & Overy leadership race”
Partners at Boies Schiller Flexner have elected New York-based litigator and white-collar defence and internal investigations partner Matthew Schwartz as chair. Schwartz will step into the role from 1 January 2025 to serve for a three-year term. He will take over from current chair and co-founder David Boies, who has held the position since the …
Continue reading “‘The firm is in excellent shape’: Boies Schiller elects new chair”
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The contrast between last year’s Global 100 report and this year’s could hardly be starker. Last year saw firms blow away even optimistic predictions to post extraordinary results. Total revenue increased by 15% to $147.5bn – more than double the previous year’s already impressive rise of 7%. Average profit per equity partner (PEP), meanwhile, shot …
