Sponsored briefing: Walker Morris achieves record results through new growth strategy

Walker Morris

Managing partner, Malcolm Simpson, explains how Walker Morris’ ambitious growth strategy has driven success

Walker Morris achieved record results last year, with a turnover of more than £60m, ending 30 April 2022, compared to £55.2m the year before. This follows four years of strong growth, with revenue increasing by almost 50% since 1 May 2017. Managing partner Malcolm Simpson explains how this follows the launch of the firm’s new strategy and what we can expect from the firm in the coming years. Continue reading “Sponsored briefing: Walker Morris achieves record results through new growth strategy”

Sponsored briefing: The challenges and opportunities facing the aviation sector

The commercial aviation sector has proved to be remarkably resilient, having weathered monumental periods of disruption in close succession with the grounding of the Max, and then the worldwide fleet as a result of the pandemic as well as the ongoing Ukrainian conflict. The effects of these crises are still with us, but air traffic numbers have been recovering quicker than many predicted, with airlines struggling to cope with passenger demand over the summer (something readers in Dublin will be all too familiar with).

However, there are undoubtedly additional headwinds facing the industry with rising interest rates, increasing fuel prices, the impact of inflation and recessionary fears likely to erode demand for travel this winter. These were some of the themes discussed at the Airline Economics Growth Frontiers London conference this September where I chaired the Banking Panel to discuss challenges, opportunities and risks for aviation banks in the current market. Continue reading “Sponsored briefing: The challenges and opportunities facing the aviation sector”

LB Awards and GC Powerlist UK 2022: A night to remember

Shoosmiths, Travers Smith and Coca-Cola Europacific Partners were among the major winners at the 2022 Legal Business Awards, which welcomed more than 800 guests to the Grosvenor House hotel on 27 September.

Before the Awards, in-house guests gathered for a reception to mark the launch of our annual GC Powerlist, with key representatives from FTSE 100 companies such as Adobe, FT and Vodafone in attendance. Continue reading “LB Awards and GC Powerlist UK 2022: A night to remember”

LB100: Main table 2022

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Revolving doors: Gibson Dunn hires human rights president as OC adds two London litigators

Many of the City’s lateral recruiters may have taken a half term break this week, as disputes and IP were the busiest areas in a sluggish market domestically and overseas.

The headline arrival came at Gibson Dunn, which has recruited the current president of the European Court of Human Rights, Robert Spano (pictured), into its London disputes team. Spano, who will join the firm as of counsel from the beginning of 2023, will provide expertise in digital rights, having handed down a number of landmark judgments in relation to online content moderation and freedom of expression, while his practice will also span public international law and investor-state arbitration. Continue reading “Revolving doors: Gibson Dunn hires human rights president as OC adds two London litigators”

Womble Bond Dickinson and BDB Pitmans table merger

City of London

Womble Bond Dickinson (WBD) and BDB Pitmans are continuing to pursue a strategy of development through consolidation, having confirmed they are in talks over a potential merger.

After RollOnFriday broke the news of the merger talks today (21 October), the firms said in a joint statement: ‘Leading transatlantic law firm Womble Bond Dickinson and leading UK firm BDB Pitmans confirm that they are in early discussions around a potential merger. Both firms regularly review opportunities to advance the best interests of their clients and their respective firms. Womble Bond Dickinson and BDB Pitmans are focused on where they see the greatest opportunities for a merged business, including those offered by complementary practice areas and office locations. Continue reading “Womble Bond Dickinson and BDB Pitmans table merger”

The Horizon scandal: Legal Business in conversation with Post Office litigator James Hartley

Earlier this year, Legal Business sat down with Freeths’ disputes partner James Hartley to relive the headline-grabbing Post Office litigation. 

The litigation was born out of a high-profile scandal, in which more than 700 postmasters and sub-postmasters were handed convictions after a computer software system, called Horizon, incorrectly reported missing money in various Post Office branches between 2000 and 2014.  

Continue reading “The Horizon scandal: Legal Business in conversation with Post Office litigator James Hartley”

Revolving Doors: Kirkland secures another Magic Circle head as US class action specialist launches Manchester boutique

riding on a Kirkland & Ellis wrecking ball

Kirkland & Ellis has cemented its commitment to building its European infrastructure practice with its fourth magic circle hire in two months.

Clifford Chance’s co-head of infrastructure Toby Parkinson is the latest of the City elite to move to the US rival to bolster its infrastructure coverage. This follows the arrivals last month of Allen & Overy’s former global co-head of infrastructure, Sara Pickersgill, and infrastructure funds partners James Boswell and Paul Sampson from Clifford Chance and Allen & Overy, respectively. Continue reading “Revolving Doors: Kirkland secures another Magic Circle head as US class action specialist launches Manchester boutique”

‘I’ll do it my way’: OC elects Davies as UK leader, replacing much-admired Berg

Mere weeks after being declared Management Partner of the Year at the Legal Business Awards, Osborne Clarke (OC) has today (19 October) announced that longstanding UK leader Ray Berg is being replaced by corporate partner Conrad Davies.

Davies, who is also international head of OC’s urban dynamics group, will assume the position of UK managing partner on 1st January 2023 after being elected by the firm’s partnership.

Continue reading “‘I’ll do it my way’: OC elects Davies as UK leader, replacing much-admired Berg”

Revolving Doors: Proskauer brings in Kirkland tax partner as Dentons secures India tie-up

There is a globetrotting feel to this week’s lateral hires roundup, as global moves in India, US and Canada offset a more muted London market.

The headline City arrival came at Proskauer Rose, where Frazer Money joined the tax department. A partner for five years at Kirkland & Ellis, Money adds to the firm’s expertise in tax issues relating to private investment funds. In particular, his focus is advising asset managers on tax and structuring issues. Continue reading “Revolving Doors: Proskauer brings in Kirkland tax partner as Dentons secures India tie-up”

New brooms for DLA as Hoy named London managing partner and Bishop replaced as corporate co-chair

DLA Piper has appointed IP litigation partner Ruth Hoy as its next London managing partner, succeeding the longstanding Tom Heylen.

The move came during a considerable time of change for DLA after the firm last week announced that German partner Benjamin Parameswaran would be replacing the respected London partner Bob Bishop as global co-chair of its corporate practice. Continue reading “New brooms for DLA as Hoy named London managing partner and Bishop replaced as corporate co-chair”

NRF called to Qualcomm’s £480m class action defence as Quinn’s London team drops out

Norton Rose Fulbright (NRF) has been called up to a new-look legal team for Qualcomm as it defends itself from a class action brought by UK consumer charity Which?.

The dispute hinges on a Which? claim that wireless technology company Qualcomm breached competition law, and in doing so inflated the royalties paid by smartphone manufacturers for Qualcomm’s technology, which in turn led to increased prices for customers. Continue reading “NRF called to Qualcomm’s £480m class action defence as Quinn’s London team drops out”

Revolving doors: King & Spalding adds two in London as City firms bolster financial regulatory expertise

starry sky over the City

It’s been a busy week for London laterals, as firms have bolstered their transactional and regulatory teams.

King & Spalding has strengthened its London corporate, finance and investments practice with the additions of Amit Kataria from Morrison & Foerster and private equity partner Paul Barron, a rare departure from Scottish corporate firm Dickson Minto. This continued the firm’s push to boost its City transactional practice following the hires of energy sector partner Nina Howell and finance partners Richard Kitchen and Amin Doulai from Paul Hastings in August. Continue reading “Revolving doors: King & Spalding adds two in London as City firms bolster financial regulatory expertise”

Ince to divest Gibraltar business, Germany and Singapore arms up for restructure

Ince & Co Office Photo

In its latest attempt to stave off financial turmoil, Ince Gordon Dadds has agreed to sell its Gibraltar business to two employees for £700,000.

The firm has conditionally agreed to sell Ince Gibraltar Limited and Ince Consultancy Gibraltar to Peter Howitt, director of Ince Gibraltar, and Heather Adamson, head of fiduciary for Ince Gibraltar. The pair have already paid £300,000 upfront as a deposit, with the rest to follow in four equal quarterly payments, providing the sale is finalised. Continue reading “Ince to divest Gibraltar business, Germany and Singapore arms up for restructure”

Clifford Chance, HSF and A&O score most individual lawyer rankings in London as Legal 500 2023 Solicitors Guide launches

reaching the top of the stairs

More than 1,100 law firms have secured spots in the latest UK Legal 500 rankings, which rank the best law firms and lawyers across the nation.

The Legal 500 UK Solicitors 2023 rankings, which launched yesterday (28 September) after months of extensive analysis of the UK legal market involving thousands of interviews, show 1,119 firms have achieved rankings, 550 of which are ranked in London. Continue reading “Clifford Chance, HSF and A&O score most individual lawyer rankings in London as Legal 500 2023 Solicitors Guide launches”

Vodafone legal chief Martin hangs up in-house career as easyJet replacement inbound

Rosemary Martin

In-house luminary and Vodafone group general counsel Rosemary Martin is set to retire after more than a decade at the helm, to be replaced by well-respected easyJet GC, Maaike De Bie.

Martin, who joined Vodafone in 2010 after stints as Reuters’ GC and a partner at Rowe & Maw, will retire on 31 March 2023. The move will bring to an end a glittering career which saw her become synonymous with the development and the increasing influence of the GC role, as well as for championing diversity and ESG initiatives.

Continue reading “Vodafone legal chief Martin hangs up in-house career as easyJet replacement inbound”

Revolving doors: Kirkland adds more magic circle partners as Akin Gump strengthens restructuring team

US-branded shark fin in a City sea

This week, as the pound reached a record low against the dollar, US firms have continued to wield their hiring power in the City, adding several high-profile laterals to their ranks.

Kirkland & Ellis bolstered its infrastructure funds practice with two magic circle hires. It recruited the Legal 500-ranked leading individual James Boswell from Clifford Chance and Paul Sampson (who was described by Jon Ballis, chairman of Kirkland’s executive committee, as a ‘a rising star in the European funds world’) from Allen & Overy. These hires follow the arrival of A&O’s global co-head of infrastructure Sara Pickersgill last week.

 

Meanwhile, Akin Gump welcomed restructuring partner Sam Brodie back to the firm after 18 months at Shearman & Sterling. Brodie first joined Akin Gump as counsel as part of a team from Bingham McCutchen led by James Roome and was promoted to the partnership in 2018. He re-joins as Roome readies to retire, marking an end of an era for the City restructuring practice.

 

Of his return, Brodie told Legal Business: ‘It was a really compelling opportunity for me to rejoin Akin Gump not only to help manage the ever-increasing client demand, but also to help develop the restructuring and special situations practices, as well as to help bring on the next generation of talent within the team.’

Elsewhere, CMS’s co-head of construction has joined Clyde & Co after more than 28 years at the firm. Victoria Peckett, who was promoted to partner in 2002, has a breadth of contentious and non-contentious experience, including in projects in sub-Saharan Africa and Latin America.

Clyde & Co’s chief executive officer Matthew Kelsall said: ‘Construction is one of our core sectors and we have ambitious plans to continue to grow the practice globally in both depth and breadth, as contractors face both huge opportunities and significant risks as they continue to navigate today’s challenging business environment.  Attracting a lawyer of Victoria’s calibre is clearly aligned with that focus on growth.’

Osborne Clarke added corporate energy partner Matt Lewy from Womble Bond Dickinson.  He has more than a decade of experience in renewable energy and infrastructure M&A having previously worked at CMS and Baker Botts. Lewy is the fifth partner to join the firm’s renewable energy sector group this year following the arrivals of projects partners Hugo Lidbetter (who joined in January from Fieldfisher) and John Deacon, Hannah Roscoe and Dominic O’Brien, who all joined from Orrick in March.

Finally, in Madrid, Pinsent Masons strengthened its European finance capabilities with the addition of José Millán from Penningtons Manches Cooper, where he headed the banking and finance team. This follows the launch of the firm’s financial services-focused Luxembourg office in July.

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Shoosmiths, Travers and Coca-Cola among the big winners at 25th Legal Business Awards

Shoosmiths, Travers Smith and Coca-Cola Europacific Partners were among the major winners at the 2022 Legal Business Awards, which welcomed more than 800 guests to the Grosvenor House hotel last night (27 September).

Hosted by distinguished BBC presenter, news anchor and journalist Louise Minchin, the evening saw Shoosmiths crowned Law Firm of the Year, with judges particularly impressed by its stellar performance over the past couple of years, with a strong financial performance underpinned by key client wins. Continue reading “Shoosmiths, Travers and Coca-Cola among the big winners at 25th Legal Business Awards”