Brick Court is becoming the set of choice for defendants
The Lawyer’s Top 20 Cases highlights which chambers are winning instructions on the most complex and high-profile matters.
Legal challenge launched over UK Government’s hotel quarantine rules
Litigation specialists PGMBM and Blackstone are teaming up to bring legal action against the UK Government’s hotel quarantine policy. The policy was announced last week and came into effect yesterday. It requires any UK residents arriving in England from a ‘red list’ country to self-isolate in a hotel for 10 days. Travellers must pre-book a […]
Debevoise posts record financials as City revenue hits $170m
Debevoise & Plimpton has joined the growing roster of US firms posting double-digit rises in revenue for the 2020 financial year, with the New York-headquartered business reporting an increase in turnover of 17 per cent to $1.22bn. Firmwide average profit per equity partner (PEP) is also up significantly, by 23 per cent to $4.55m. This […]
DACB seeks to cut time with new onboarding process
DAC Beachcroft is cutting down the time it takes to onboard new clients with a revamped system, as the firm prepares for a more digital environment after the pandemic crisis. The firm is embarking on a pilot to automate the identification and verification steps included in its client acceptance process with the help of a […]
Litigation insurance broker launches funding arm
Brick Court is becoming the set of choice for defendants
The Lawyer’s Top 20 Cases highlights which chambers are winning instructions on the most complex and high-profile matters.
Legal challenge launched over UK Government’s hotel quarantine rules
Litigation specialists PGMBM and Blackstone are teaming up to bring legal action against the UK Government’s hotel quarantine policy. The policy was announced last week and came into effect yesterday. It requires any UK residents arriving in England from a ‘red list’ country to self-isolate in a hotel for 10 days. Travellers must pre-book a […]
Debevoise posts record financials as City revenue hits $170m
Debevoise & Plimpton has joined the growing roster of US firms posting double-digit rises in revenue for the 2020 financial year, with the New York-headquartered business reporting an increase in turnover of 17 per cent to $1.22bn. Firmwide average profit per equity partner (PEP) is also up significantly, by 23 per cent to $4.55m. This […]
DACB seeks to cut time with new onboarding process
DAC Beachcroft is cutting down the time it takes to onboard new clients with a revamped system, as the firm prepares for a more digital environment after the pandemic crisis. The firm is embarking on a pilot to automate the identification and verification steps included in its client acceptance process with the help of a […]
Australian law school mounts assault on UK market with new SQE courses
The College of Legal Practice (CoLP) has unveiled its preparatory courses for the new Solicitors Qualification Exam (SQE), declaring them a “generational change for legal education.” The full online programme preparing students to pass the SQE1 and SQE2 examinations will launch in summer 2021 and is called Developing Legal Professionals (DLP). It is divided into […]
No-one expects the Spanish acquisition
We’re all watching eagerly for the changes coming at Allen & Overy on 1 May as its merger with Shearman & Sterling finally goes live. But Addleshaws has its own significant change that day. Next Wednesday, Andrew Johnston will officially kick off his tenure as managing partner with longstanding incumbent John Joyce stepping aside. Addleshaws […]
HSF has sidestepped the talent wars
There’s no doubt that firms are using non-UK growth to power their global figures. Of the 35 Top 50 firms for which The Lawyer has historical global revenue data, all but four saw higher growth outside the UK in the five years since 2019. Included in this group is Herbert Smith Freehillls (HSF), where London remains […]
PE acquirers should target these three firms
Which law firms are private equity houses looking to invest in? The answer, if the conversations we’re having with managing partners are anything to go by, is ‘pretty much all of them’. Most regional firms of note have had speculative approaches at some time in the last five years or so, as private equity gradually […]
Who’s in and who’s out at Barclays
Barclays’ legal team was once among the most influential in the UK. That power has diminished over the last decade, yet the banking giant still packs a punch when it comes to talent management. Some 40 lawyers are understood to have left Barclays in the UK last year. There are cost-cutting measures at play here, […]
The platform firm has moved mainstream
Keystone Law, the poster child for the platform firm, is likely to break the psychologically important £100m revenue barrier in 2025. The success of this firm has spawned a new market, which is challenging traditional firms on the talent front. More than 3,500 lawyers now work across a variety of fee-sharing outfits, research from Atlas […]
Linklaters exits continue with corporate move to White & Case
White & Case has hired a partner from Linklaters’ corporate practice in the latest move from the magic circle firm. Savi Hebbur joins White & Case’s London office. He acts on M&A deals and is also set to expand the firm’s India country practice. White & Case global M&A head John Reiss said: “Indian companies remain […]
Quinn Emanuel v Clifford Chance: Parties gear up for IBM trial
On Monday, an explosive trial between IBM UK and Swiss software developer LzLabs is set to commence for nine weeks, with Quinn Emanuel and Clifford Chance going head-to-head for their respective clients. Quinn Emanuel-backed IBM brought the lawsuit in 2021, alleging it is “inconceivable” that LzLabs could have developed its rival technology – which can […]
Ward Hadaway’s new managing partner sets £100m target
Northern firm Ward Hadaway is actively exploring mergers and expansion opportunities in England as it targets £100m revenue by 2034. The firm generated approximately £48m in the 2023/24 financial year, which means it is looking to grow approximately 100 per cent within a decade. A shorter term target of reaching £75m by 2029 has also […]
Linklaters and Slaughters lead on £31bn Anglo American bid
Linklaters and Slaughter and May are leading on BHP’s mega-offer for rival mining company Anglo American. It emerged this morning that Australian giant BHP had put forward an unsolicited proposal to Anglo American If the deal went ahead, it would be valued at around £31bn. Linklaters is on call for Anglo American as it discusses […]
Ex-Haleon GC moves to Saudi for Aramco role
The ex-general counsel of Haleon has announced that he has joined energy and chemicals business Aramco, which is based in Saudi Arabia. Bjarne Tellman was hired by GSK four years ago to prepare the company for the creation of Haleon, one of the UK’s largest corporate demergers in 20 years. The purpose of the demerger […]
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