‘$20m isn’t much once you deduct the essentials’ – LB’s best quotes of the year Elisha Juttla From bumper pay cheques to internal politics and an extremely competitive lateral recruitment market, 2024 hasn’t been short of legal…
‘You need people from different backgrounds in leadership positions’ Elisha Juttla Jay Sadanandan has arrived to our interview a few minutes late, armed with hot chocolates for everyone. It’s a thoughtful…
Kramer Levin’s Paris office joins Morgan Lewis amid HSF merger deal Tom Cox A team from the Paris office of New York-based Kramer Levin is scheduled to join Morgan Lewis’ Paris office on 1…
Marking a merger: how is BCLP’s transatlantic tie-up faring? Tom Cox Back in 2018, Therese Pritchard and Lisa Mayhew – then freshly appointed co-chairs of the first significant financially integrated transatlantic…
Transatlantic firms outstrip peers on five-year PEP growth, LB100 data reveals Alex Ryan While this year’s LB100 has found transatlantic law firms experiencing slower revenue growth than their more tightly focused peers, an…
Cleary and White & Case switch on for Canal+ £2.5bn IPO in London Elisha Juttla Elite US firms played a key role as French broadcaster Canal+ made its debut on the London Stock Exchange, becoming…
Hogan Lovells joins top firms in £3.6bn Royal Mail takeover as UK govt approves bid Tom Cox Hogan Lovells has secured a new role as adviser to the UK government on the £3.6bn acquisition of International Distribution Services…
A good time to be mid-tier: private equity interest on the rise as mid-market thrives Tom Cox The LB100 results for 2023-24 are in, and while the demise of the mid-market has been long forecast, the numbers…
The LB100 ranked by PEP: firms push partner profits to new heights as associate pay debate rumbles on Alex Ryan The UK’s 100 largest law firms increased profit per equity partner (PEP) by an average of 13% during the last…
Odimba-Chapman succeeds Bates as Clifford Chance London managing partner Elisha Juttla Clifford Chance has named employment partner Chinwe Odimba-Chapman as its new London managing partner, succeeding Michael Bates. Stepping into the…
DACB to launch in New York and LA with hire of 30-strong team from pair of US firms Anna Huntley DAC Beachcroft is set to make a major step into the US market, recruiting a 30-strong group of lawyers from…
Moving up the food chain: Browne Jacobson on rapid growth and remaining inclusive Tom Cox Richard Medd’s tenure as Browne Jacobson managing partner began in the spring of 2020, amid the chaos of the early…
Sidley makes key TMT hire in London as CMS practice head comes on board Elisha Juttla Sidley Austin has sealed the hire of CMS TMT head Clive Gringras, a Legal 500 Hall of Famer who has…
Doubling up: LB100 firms set 10% growth benchmark as more than half pull off double-digit hikes Ben Wheway More than half of the UK’s 100 largest law firms posted double-digit revenue increases for the last financial year, with…
Eversheds Sutherland’s Ireland arm in talks to join Ireland leader William Fry Anna Huntley Eversheds Sutherland‘s Irish arm is in talks to join William Fry, with discussions taking place over a deal that could see…
HSF removes Australian partner for social media posts directed at Jewish lawyer Legal Business Herbert Smith Freehills (HSF) has removed an Australian partner from the firm following an internal investigation into a social media…
The most highly recommended: new L500 Net Promoter Scores reveal the firms clients vouch for Ben Wheway When it comes to rating and ranking the best law firms, there’s no shortage of metrics to choose from. Whether…
Hunton takes 11-strong energy team from EY Law as CC and Latham make key hires Tom Cox Leading the moves this week, US law firm Hunton Andrews Kurth has expanded its London office with the addition of an…
Revenue generated by UK legal services rises almost 8% to £47bn, report finds Alex Ryan The total revenue generated by UK-based legal services increased by 7.7% last year to a total of £47.1bn, according to a…