Rachel Moloney

Rachel is deputy editor (City) of The Lawyer and primarily covers corporate and the City

Kirkland hits Latham for Frankfurt office launch

Kirkland & Ellis has announced the launch of its second German office with the hire of a key corporate partner from Latham & Watkins. Tobias Larisch will make the move over to Kirkland as the firm opens its doors in Frankfurt. This will extend Kirkland’s German office network beyond Munich, where its office is nearly […]

Brian Maher

Paul Hastings hits Weil again for finance hire

Another partner from Weil Gotshal & Manges’ London office is set to join Paul Hastings, following on from the move of Reena Gogna in June. Brian Maher is making the move from Weil Gotshal to Paul Hastings. He has been a partner at Weil Gotshal since 2014 when he was promoted at the firm. He […]

Square Mile Heron Tower

Proskauer makes room for 80 more lawyers after City expansion

Proskauer Rose, which boosted its finance ranks with two Allen & Overy hires this summer, is preparing for its move into bigger digs in London. The firm, which is presently based at 110 Bishopsgate, is switching offices later this year to 8 Bishopsgate. Here, it will take up around 60,000 sq ft of space in […]

Travers’ profits rebound with 22 per cent uptick

Travers Smith has reported a positive year of financial growth, with revenue up 9 per cent and profits up 22 per cent. Revenue over 2023/24 increased from £197.5m to £215m. This comes after a static year for the firm over 2022/23 in which turnover inched up 1 per cent. The boost in revenue helped the […]

Air Street, London

City talk: The four things to know about Paul Weiss’s London office

Paul Weiss kickstarted its London revival nearly a year ago with the hire of four Kirkland & Ellis partners. And it hasn’t let up since. Growth over the past year has been swift, with new hires being made almost daily to boost practices such as corporate, finance and competition. Here’s what you may have missed. […]

Kate Barton, Dentons

External candidate victorious in Dentons’ CEO search

Dentons has elected a successor to global boss Elliott Portnoy, hiring its next leader from Big Four giant EY. A former global vice chair of EY, Kate Barton joins Dentons as its next global CEO. She will replace Portnoy, who stands down in November after 11 years. Dentons kickstarted the CEO search last December, stressing […]

Sebastian Prichard Jones, Macfarlanes

Macfarlanes PEP rebounds to hit £2.6m

Macfarlanes’ financials have shot right back up after taking a tumble in the previous financial year, with its average profit per equity partner hitting £2.6m. The firm’s last three financial results have been very up and down, with 2021/22 marking a record-breaking year of double-digit growth, leading to a decline in 2022/23. The 2023/24 signals […]

The NQ pay scales show cracks

How did your firm fare in salary review season? For associates at Freshfields, their firm can claim the early-mover advantage prize after announcing a bold NQ salary jump to £150,000. But its moment was short-lived. Within a week, Quinn had upped its junior lawyer pay from £152,000 to £180,000. If there was an award for […]

London towers, office City

Paul Weiss hires Akin partner for long-sought restructuring strength

Paul Weiss Rifkind Wharton & Garrison has recruited its first restructuring partner in London, hiring from Akin’s City office. Liz Osborne joins Paul Weiss’ burgeoning ranks as a partner and head of the European restructuring group. She has been at Akin since 2014 when she moved over as part of the Bingham McCutchen team. Prior […]

Cooley’s London boss leads three-partner move to Akin

Akin Gump has recruited three of Cooley’s London partners, including its City managing partner Justin Stock. Stock moves to Akin along with Stephen Rosen and David Bresnick. The three focus on transactions with a life sciences and technology element. At Akin, Stock will become the firm’s international head of technology. Both Stock and Bresnick joined […]

Global network

These are the M&A winners so far this year

The M&A rankings for the first half of 2024 confirmed one thing we already felt was true: that Linklaters and Slaughter and May have had a lot of acquisitive or targeted clients this year. According to data provided by the London Stock Exchange Group, the pair rank first and second respectively in terms of the […]

Paul Jenkins and Karen Davies, Ashurst

Close but no cigar: Ashurst narrowly misses £1bn milestone

Ashurst’s boss has pledged that the firm will hit the £1bn revenue mark in its next round of results, after growth of 9 per cent in 2023/24. The firm’s turnover went up from £879m to £961m, which was more or less in line with its 10 per cent uplift in the previous financial year. Average […]