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. […]
The gap in revenue generation between firms in the UK and Germany has widened drastically in the last five years, illustrating the enduring strength of the UK legal market compared to its European competitors. According to data comparing the domestic revenue of The Lawyer’s top 100 firms with a similar ranking published by German publication […]
Kramer Levin’s Paris office will not be included in the merger with Herbert Smith Freehills (HSF) in order to focus on growth in the US. The news follows yesterday’s announcement that HSF is to merge with US law firm Kramer Levin Naftalis & Frankel to create a $2bn revenue firm that will be known as […]
Dentons’ Warsaw office has hired two CMS lawyers to strengthen its energy group after the firm lost seven lawyers in the city to Greenberg Traurig. Partner Piotr Ciołkowski will be Dentons’ new co-head of the energy sector group. He has two decades of experience advising clients in the energy sector, particularly on regulatory and investment […]
Katten’s growth plans in London have prompted three of the largest Nordic firms to find a new shared office after the US firm reclaimed the space it was sub-letting to them. The Lawyer understands that Katten was sub-letting space on a long-term basis to Norway’s Thommessen, Denmark’s Kromann Reumert, Finland’s Borenius and Icelandic firm Logos […]
Mayer Brown’s salary hike in Germany now matches magic circle firms, with bonuses for first-year lawyers introduced for the first time too. On 1 January, Mayer Brown’s starting salary in Germany will be brought to a maximum of €155,000, with first-year lawyers also now viable to receive bonuses. That privilege had previously been available to […]
Equity partners at Dentons in Europe have chosen the next regional CEO with the firm’s former Dutch managing partner stepping into the role. Amsterdam-based Wendela Raas will replace Tomasz Dąbrowski on 1 November for the first term in the role. The election was understood to have been contested between Raas and three other equity partners […]
Thoughts and prayers for Danish firm Horten, which is contending with a reputational blow that has created unnerving times for partners. Insolvency partner Nicolai Dyhr, understood to be among the firm’s biggest billers, was sacked in June after being named in a Danish TV documentary investigating white-collar crime. Dhyr vehemently denies the allegations. Nevertheless, it […]
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, Horten’s having a real year to forget as news emerges of its managing partner and co-chair leaving to join one of Denmark’s largest firms; Germany’s GSK Stockmann opens up about some early […]
Hogan Lovells joined A&O Shearman in the shut-your-Johannesburg-office club last month. But it went two steps further, announcing it would also close in Sydney and Warsaw. The latter was the largest of the three offices, with 30 lawyers and three partners based there at the time of the announcement. Warsaw sources say the firm had […]
Two of Linklaters’ Continental European offices are to be boosted with new partner arrivals from Freshfields and De Brauw Blackstone Westbroek. Both hires join the magic circle firm’s financial regulatory practice. Marc Perrone has joined the firm in Paris from Freshfields, while Mariken van Loopik makes the move over from De Brauw Blackstone Westbroek in […]
Roschier partners have elected Stockholm-based Johan Sidklev as the firm’s new managing partner. Sidklev will replace Helsinki-located incumbent Mikko Manner on 1 December, though tasks are now being handed over from the outgoing leader to the incoming one. Sidklev won the election unopposed, though The Lawyer understands there was a period of informally sounding out […]