Pinsents, CC and HSF among big winners as new Legal 500 UK rankings are revealed
Almost 1,200 law firms have secured spots in the new Legal 500 UK rankings, which have been revealed today after months…
News review
Strategies for safeguarding client confidentiality and compliance
Everyone is aware that data breaches and cyber attacks are on the rise globally. It affects organisations across various industries…
Kirkland endures more losses as Magic Circle firms continue expansion in the US and Middle East
September saw it finally confirmed that, as suspected, M&A lawyer Roger Johnson will join Paul Weiss’ new English law offering,…
Partners vote yes on A&O Shearman – now they have to make it work
‘You’ve now got one more 64,000lb gorilla,’ said one former UK firm leader, in response to the news that the…
‘A salutary lesson’: Axiom Ince closed by SRA following months of turmoil
Drawing a long-running saga to its inevitable conclusion, the Solicitors Regulation Authority (SRA) announced on 3 October that it had…
Go big or go home: Market reacts to Paul Weiss’ daring London play
Grabbing headlines in recent weeks, Paul Weiss has pursued an English law offering at breakneck speed, hiring some of the…
‘The investment opportunity of a lifetime’: could a booming infrastructure sector offer firms a route into high-value transactional work?
According to Dealogic, 2023 saw the lowest Q1 global deal volume and value since 2012, with just 9,400 deals worth…
‘The raconteur’s raconteur par excellence’: Industry mourns loss of ESG luminary Paul Watchman
‘Have I told you my friend’s story about being a munchkin in The Wizard of Oz in Aberdeen in the…
Departures from Shearman and Allen & Overy as merger is unveiled and energy dominates lateral hiring
Following the announcement of the proposed A&O Shearman merger, news came that Shearman & Sterling had lost two partners to…
Clifford Chance names Cohen first New York managing partner amid fresh bid to crack America with Houston office opening
In the wake of Allen & Overy’s stated ambition to merge with Shearman & Sterling, announced in May, Magic Circle…
Particularly egregious? Market reacts over Credit Suisse buyout as bondholder litigation looms large
As the fall of Credit Suisse mobilises swathes of advisers, Legal Business asks whether the collapse will yield an influx…
Shearman and Travers hit with losses as recruitment turns to restructuring and leveraged finance
Ongoing talk of a merger with Hogan Lovells has prompted an exodus from Shearman & Sterling, with the departure of…
‘It will be important whatever happens’: Pallas Partners represents ClientEarth in climate action against Shell’s board
In what the client has billed ‘the first case of its kind seeking to hold corporate directors personally liable’, Pallas…
SRA defends year-long striking off process for Eversheds trainee convicted of sexual assault
After yet another galling sexual misconduct episode to blight the profession, the Solicitors Regulation Authority (SRA) has come out swinging…
Musk’s Twitter takeover sparks legal feeding frenzy, but leaves more questions than answers
Ask any City partner about the current state of the market, and they will point to a softening in the…
Latham scores lead role in Man Utd’s potential sale as US outfits advise on Tom Ford deal
Latham & Watkins has had a busy November, picking up several multi-billion-dollar instructions across the sports, retail and telecoms sectors.…
HSF, Davis Polk and Eversheds act on Made.com collapse as market expects FTX fallout
Partners from Herbert Smith Freehills (HSF), Davis Polk and Eversheds Sutherland have secured advisory roles on the administration and £3.4m sale…
In with the new: Big Law rings in the changes amid City leadership shake-up
For many law firms, the end of the year marks elections for various leadership positions. This year has been no…
Strategic recruitment: Kirkland takes four from the Magic Circle as global players make moves in Madrid
The beginning of autumn has seen the lateral hiring merry-go-round intensify after the more muted summer months, as UK and…
Stick or twist? City firms battle it out in NQ salary brinkmanship after Allen & Overy freezes rates
The war for junior talent at the top end of London’s legal market entered a new phase of brinkmanship this…