Rachel is deputy editor (City) of The Lawyer and primarily covers corporate and the City
Goodwin has made up a City quartet to partnership, as the firm announces a global round of 35 for its annual promotions. There are promotions in London across four different practice areas. Alexandra Carter joins the private equity team’s partnership having joined in 2018 from Ropes & Gray. Specialising in funds work, Carter trained and […]
A total of 25 lawyers have been promoted to partner at Kirkland & Ellis’s London office, out of a total 200 elevations worldwide. In London, there are eight promotions in investment funds, and five in M&A and private equity. These are the two most popular groups for elevations in the City, while three make the […]
As Freshfields goes for a more American look, Paul Weiss is appealing to aspiring UK lawyers with a £250 grant to buy smart attire. Unveiling a generous vacation scheme package, the US firm has also hit top of the market rates with an £180,000 NQ salary. That figure will likely be even higher once its […]
In a blow to Noughties trophy office design, Slaughter and May is to remove its iconic water feature from its London HQ reception. The Lawyer first reported last year that the fate of Slaughters’ water feature hung in the balance amid refurbishment works set to take place across the building. This followed its decision to […]
Cahill Gordon & Reindel has added a new partner to its ranks in London, following a number of exits from its finance practice over the year. Cahill has hired Andrew Kelly as a partner, a former Clifford Chance member. He joins its banking and capital markets practice, working on high yield matters, acquisition financings, recapitalisations […]
Associate retention is one of the biggest bugbears for law firm leaders, as competitive salaries and the promise of greater opportunities lure rising stars away. Added to this, a firm’s biggest cost is its people, but that didn’t stop Freshfields last year pledging to up its trainee intake from 90 to 100 from 2025. Should […]
Back in March 2023, Brown Rudnick had a real “Houston, we have a problem” moment. Its longtime client Wandisco – a software company that specialises in mass data migration to the Cloud – discovered “significant” and “potentially fraudulent irregularities”, hindering its cash position and status on the alternative investment market (AIM). A hectic few months […]
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 […]
A&O Shearman is looking to cut 10 per cent of its global partnership, but it’s doing so in a year in which its London recruitment team has been at its busiest. The firm has hired eight lateral partners in the City so far this year and last week’s announcement of “planned business changes” does little […]
Womble Bond Dickinson is preparing to expand significantly in the US, with a merger confirmed with Phoenix firm Lewis Roca. The geography-driven deal, which aims to plug several strategic gaps in the larger firm’s office network, is set to go live at the start of next year. The merged firm will be known as Womble […]
Paul Hastings is expanding once more in London, hiring a partner from Davis Polk & Wardwell’s capital markets team. Dan Hirschovits joins Paul Hastings after 12 years at Davis Polk, where he was promoted to its partnership in 2017. Prior to that, he was an associate at Freshfields Bruckhaus Deringer. Hirschovits works on equity capital markets […]
Before financials season got fully underway, The Lawyer took a look at the firms most likely to hit the milestones of £2bn, £1bn and £500m. There were not many, highlighting the challenge for firms to grow bigger and profitably. Of the seven likelies, just two definitely managed it – Linklaters and Bird & Bird – […]