International

DLA overhauls ExCo ahead of Severs tenure

DLA Piper has announced a new-look executive committee as Charles Severs readies himself to take the reins as global managing partner and co-CEO. The new executive committee includes deputy managing partner and managing director for international practice groups Sandra Wallace, managing director for clients Benjamin Parameswaran, managing director for sectors Mark O’Conor, managing director for […]

Spotlight: Behind Paul Hastings’ 12-strong Paris move

Last summer, The Lawyer reported that Paul Hastings was on the hunt for growth in its Paris office and this year, the firm made its move in one of the French capital’s hottest markets. With white collar boutique Antonin Lévy & Associés joining Paul Hastings last month, we look at how the team sets itself […]

A&O

A&O Shearman to launch three-tier partner pay model

A&O Shearman is to establish a three-tier partnership compensation model. The firm adopted an all-equity partnership model after legacy A&O and legacy Shearman & Sterling merged in May this year. The three tiers, reportedly called “entry,” “core” and “super,” replace the legacy firms’ mixed equity and non-equity structures. The firm says it has around 800 […]

Amsterdam, Holland

Eversheds sets lofty growth target for Benelux team

Eversheds Sutherland believes it can grow partner numbers across its four Benelux offices to more than 40 in the next five years as part of a concerted push to become an major player in the region. The partner headcount growth would represent an increase of almost two-thirds (60 per cent) by 2029 from its current […]

Norway, Denmark and Sweden

The Passport: Schjødt isn’t ruling out a pan-Nordic strategy

Welcome back to The Passport after our usual summer break. This week, we explain what the future may hold for Schjødt as managing partner Magnus Lütken casts his mind ahead; and how can Eversheds stand out in Benelux? You will also notice a new addition to The Passport which is our moves section, highlighting some of […]

Silicon Valley

Irish firm is latest to shun Palo Alto

A&L Goodbody is to focus its West Coast business development efforts on its San Francisco rep office, leading it to close its outpost in Silicon Valley. The firm is in the process of winding down its office in the tech heartland of Palo Alto. A&L Goodbody first opened its Palo Alto office in 2012 to […]

Johannesburg

Hogan Lovells to shut three offices

A week after A&O Shearman said it was closing its Johannesburg office, Hogan Lovells is to do the same with closures in another two global cities. Hogan Lovells is to exit Sydney and Warsaw also, leaving it with no offices in Australia or South Africa. Warsaw is the largest office of the trio, with three […]

Nigeria

Freshfields and former ex-Court of Appeal judge tied up in case of apparent bias

Freshfields Bruckhaus Deringer’s “professional connections” with an arbitrator led to apparent bias in an International Chamber of Commerce (ICC) case, a High Court judge has ruled. Aiteo, Africa’s largest private integrated energy company, brought a challenge before the English High Court alleging a “serious irregularity” after the ICC issued four arbitration awards against it between […]

Tunisia

North Africa: A gateway to growth

Despite the region’s reputation for political and economic upheaval, the likes of Morocco, Egypt and Algeria have encouraged global law firms to collaborate with local experts in their pursuit of fresh business opportunities

Hong Kong

DAC Beachcroft launches in Hong Kong

DAC Beachcroft (DACB) has launched its second office in Asia Pacific. DACB will form an association with the newly-created CK Lee & Co, a Hong Kong firm that will ensure DACB’s clients can access legal advice internationally and in Hong Kong. The firm will be led by Kelvin Lee who was previously a partner at […]

tokyo

Bird & Bird hires from Ashurst for Japan launch

Bird & Bird has announced it will be opening a new office in Tokyo with the hire of Ashurst partner Hiro Iwamura. The primary purpose of the office will be to support the firm’s Japanese clients in the renewable energy, life sciences and technology space with outbound work across Europe, the Middle East and Asia […]

Ho Chi Minh City

Kinstellar breaks into Asia with 21-lawyer tie-up

European giant Kinstellar has gained a foothold in the Southeast Asian legal after securing a joint-venture deal with Vietnamese firm Asia Counsel. Asia Counsel boasts a headcount of just 21 lawyers, including four partners. Its focus has been on assisting foreign multinationals and Vietnamese corporations with expansion, M&A and financial matters. Acting independently for the […]

Sydney Australia

Pogust Goodhead launches Aussie office in mining giant’s “backyard”

Pogust Goodhead has launched an office in Sydney with a warning to Australian corporations that the firm is “ready to hold them to account”. The claimant law firm, which specialises in social and environmental mass claims, has hired Sydney litigation boutique Crichton & Co’s two partners, Amie Crichton and Joshua Carton. It is also looking […]

Milan Italy

The Passport: No firm is safe in Italy’s red-hot lateral market

Welcome to The Passport, your regular round-up of the most important stories to come from the European legal market. In this week’s edition, BonelliErede and Chiomenti battle it out in pursuit of PE dominance; White & Case provides a blueprint for growth in Sweden; and Wolf Theiss’ new Brussels office highlights the firm’s growing ambitions. […]

Shell oil

Clifford Chance wins landmark climate appeal for Shell

Clifford Chance-repped Shell has won an appeal to overturn an earlier ruling that required the oil giant to cut its greenhouse gas emissions by 45 per cent by the end of the decade. The case goes back to 2018 when Dutch environmental organisation Milieudefensie (also known as Friends of the Earth Netherlands) alongside six other […]

Sanofi

Latham and Kirkland lead for CD&R in €16bn Sanofi deal

A raft of corporate heavyweights are acting on Clayton Dubilier & Rice’s (CD&R) €16bn acquisition of Opella, a subsidiary of the French pharmaceutical group Sanofi. CD&R will acquire a 50 per cent controlling stake in the business in one of the largest private equity deals in Europe this year.  Kirkland & Ellis is leading for […]

Qatar, Doha

DWF wins back unpaid fees as client’s “deficient” claims backfire

A judge has part-sided with DWF in Qatar after the firm brought a claim against a client over unpaid fees. DWF’s Qatar branch took consulting company Roland Berger to court in the Qatar Financial Centre, claiming it was owed QAR 766,380 (£158,947) by its client. The firm was employed to draft and define a mandate […]

Leave work

Pinsent Masons trials half-day Fridays

Pinsent Masons is giving all employees Friday afternoons off this August as part of a new flexible working trial. Subject to client demand, employees in offices across the UK, Europe and Middle East can work a compressed week and leave by lunchtime on Fridays without a pay cut. The compressed hours trial is nearing the […]

Paul Jarvis, Dentons

Dentons’ revenue up 6 per cent after strong growth in Saudi

Revenue at Dentons is up 6 per cent across the UK, Ireland and Middle East (UKIME), bringing the firm’s total revenue for the region to £280.5m. Most of last year’s growth was generated outside of the UK in Ireland and the Middle East, with 18 per cent growth in the former and 22 per cent […]

New York skyline

Tracking the transatlantic titans: The Lawyer launches Global Elite project

The Lawyer is to launch a groundbreaking reporting project on the activities of the most powerful law firms in the world. The Lawyer Global Elite (TLGE) is a new, unashamedly high-end, analysis of the world’s most important legal markets, London and New York. Over the coming months, The Lawyer will articulate and define this market […]

New York 6th Avenue

A&O Shearman quartet leave for Linklaters in New York

Linklaters is recruiting a finance team from A&O Shearman’s New York office, including the latter’s global co-head of financial markets. The team is comprised of A&O Shearman partners David Lucking, John Hwang, Derek Poon, and Dan Guyder. They were all longstanding lawyers from the legacy A&O side of the newly-merged firm. Lucking was one of […]

new york

Clifford Chance snaps up private equity duo in New York

Clifford Chance has hired two partners in New York to bolster its private equity bench. David Schultz and Matthew Hinker have joined the magic circle firm from O’Melveny. Schultz has spent more than 17 years at O’Melveny as a partner advising private equity clients on M&A, restructuring and other corporate transactions, in sectors such as […]

Signal International

In-depth strategic insight and benchmarking of your markets, clients and competitors.

How Europe’s elite firms are using London

London’s importance to the network of European legal services has always been paramount. The City sits on top of the pile in Europe for charge-out rates, for blockbuster moves and for big-spending US firms pinching premium magic circle partners by offering them stacks of cash. Research undertaken by The Lawyer in 2022 suggests that European […]

The European 100 2023

The final report on Signal International for 2023 is The Lawyer‘s flagship European 100. We delve into Europe’s largest firms and analyse their 2022 financial performance, five-yearrevenue and headcount trends, the continent’s key regions and gender diversity among Euro 100 partnerships. Despite a number of factors putting a dampener on 2022, the majority of Europe’s […]

Partner promotions at the Global Top 30 in Europe

For the past three months on the International Signal channel, we have assessed, analysed and attempted to understand headcount patterns in the 30 largest global law firms across the Californian, Asian-Pacific and European legal markets. This month we analyse one key trend which fundamentally underpins headcounts and illustrates where firms allocate their resources and plan […]