The amicus brief in support of Perkins Coie’s lawsuit against the Trump administration’s executive order is gaining attention within the legal community. Currently, the brief has attracted approximately 170 signatures. However, it is noteworthy that only a small number of Am Law 100 firms have added their names to this list so far. The brief,…
DLA Piper has achieved a significant milestone by surpassing $4 billion in revenue for 2024. The firm’s gross revenue increased by 10.7%, reaching $4.2 billion, marking its eighth consecutive year of revenue growth. This performance reflects double-digit growth in both net income and profit per equity partner (PEP). Driving profitable revenue in “white hot” markets…
Freshfields has recently taken down diversity-related content from its website, modifying its DEI approach by replacing the term ‘diversity’ with ‘culture’. The firm has also phased out its previously set diversity, equity, and inclusion (DEI) targets for the U.S., claiming that it has “met or currently exceeded” these benchmarks. The adjustments come amid scrutiny from…
French far-right politician Marine Le Pen has been handed a significant legal setback following her conviction by the Paris Criminal Court on charges of embezzling public funds. The court found Le Pen and eight other members of her National Rally (RN) party guilty of improperly using €4.1 million ($4.43 million) in public funds. This conviction…
French far-right politician Marine Le Pen is confronting a significant legal hurdle after being found guilty of embezzling public funds. The Paris Criminal Court’s decision not only sentenced her to four years in prison but also barred her from seeking political office until 2030, a verdict that stands even during an appeal. This ruling stems…
In a recent evaluation by the Legal Services Board, both the Solicitors Regulation Authority (SRA) and the Bar Standards Board (BSB) faced criticism for failing to sufficiently assure the Board of their operational effectiveness. In particular, the BSB was also flagged for inadequate leadership assurance as detailed in the report. This assessment highlights ongoing issues…
Japanese law firm Mori Hamada has enhanced its Tokyo operations by hiring Stan Yukevich, a seasoned corporate partner from Morrison & Foerster’s (MoFo) Japan office. This strategic move is in line with Mori Hamada’s commitment to strengthen its capabilities in handling significant transactions, such as Bain Capital’s $3.3 billion acquisition of Mitsubishi Tanabe Pharma. Yukevich,…
In a recent meeting aimed at addressing Lebanon’s ongoing financial turmoil, a delegation from Clifford Chance convened with President Joseph Aoun at the Baabda presidential palace. The discussion primarily revolved around formulating strategic solutions to the nation’s financial crisis, including the Eurobond default. The Clifford Chance team comprised five partners, including representatives from Dubai, Abu…
A notable real estate team from Macfarlanes is making a strategic shift by joining DAC Beachcroft. The departing group, consisting of partner Gerald Kelly, senior counsel Jim Roberts, and legal director Rachael Ashton, has been a part of Macfarlanes since 2016. This move marks a significant realignment within the real estate legal services landscape, as…
Recent developments in the legal sector suggest a significant shift in priorities regarding Diversity, Equity, and Inclusion (DEI) initiatives within major law firms. An opinion piece by the Global Lawyer highlights that DEI efforts may not be as integral to firms’ operations as previously assumed. This discussion arises in the context of several executive orders…
As legal professionals make plans to attend conferences such as LegalWeek in the United States, there is a growing concern about the security of their digital devices at border crossings. The experience of Toronto lawyer Monica Goyal highlights these concerns, as she was apprehensive about the possibility of U.S. border authorities searching her phone. Although…
Recent events within the Law Society of Ontario (LSO) have drawn notable attention, exposing internal dynamics that are rarely seen by outsiders. Former CEO Diana Miles attempted to negotiate a settlement to halt an investigation into her almost CA$1 million salary increase. As part of the proposed deal, Miles was willing to revert to her…
King & Spalding has reported impressive double-digit growth in both revenue and profits for the sixteenth consecutive year. The firm’s expansion in the Middle East, alongside strong performances in the life sciences sector and trial successes in high-profile product liability cases, were noted as key contributors to this growth. Additionally, a surge in demand for…
The European Commission has recently directed Spain not to fulfill a €101 million arbitration award. The Commission considers this payment to constitute illegal state aid. The award is part of a protracted dispute involving two European companies, which initiated arbitration against the Kingdom of Spain over a decade ago. This conflict arises from Spain’s decision…
“`html In a move poised to restructure the UK’s oil production landscape, Slaughter and May is advising Repsol E&P on merging its UK operations with NEO Energy. On the opposite side of the deal, CMS is providing counsel to NEO. This merger is valued at several billion pounds, aiming to create the second-largest oil producer…
Frasers Group, a prominent British retail entity, has updated its legal representation by appointing three law firms to its panel. Eversheds Sutherland, Freeths, and Browne Jacobson, all esteemed names within the U.K.’s top 50 legal firms, have been selected for this assignment. This decision arrives in the context of legal hurdles that the group has…
Nigerian law firms are increasingly adopting equity partnership models similar to those used in the U.K. and U.S. as a strategic move to retain top talent and create sustainable leadership structures. This shift comes in response to the ‘japa’ syndrome, where many young professionals are emigrating in search of international opportunities. Among the firms leading…
Investment planning is often thought of as a necessary step for junior law firm professionals, with the focus primarily on educating them early in their careers. However, Mike Remak from Citi emphasizes that it is equally crucial for senior professionals, particularly those approaching retirement, to prioritize managing their financial affairs. Many senior partners may have…
Latham & Watkins, Fieldfisher, and Baker McKenzie are experiencing significant growth and shifts in leadership within their Spanish operations. Latham & Watkins has appointed Ignacio Pallarés as the new managing partner in Madrid. Pallarés has been with the firm since 2007 and was instrumental in its local expansion, boosting its fee earners from 20 to…
Herbert Smith Freehills (HSF) is strategically enhancing its intellectual property capabilities by recruiting patent litigator Florian Schmidt-Bogatzky. This move comes as the demand for patent litigation in Europe escalates, notably influenced by the activity at the European Unified Patent Court (UPC). Since its inception in June 2023, the UPC has experienced a marked increase in…
Womble Bond Dickinson has formed a strategic alliance with the Brazilian law firm Schmidt, Valois, Miranda, Ferreira & Agel. This collaboration is part of Womble Bond Dickinson’s ongoing efforts to strengthen its footprint in the Americas. By partnering with a firm that has a presence in São Paulo and Rio de Janeiro, Womble Bond Dickinson…
Paul, Weiss, Rifkind, Wharton & Garrison has played a pivotal role in a significant €1.1 billion transaction, with its London office co-head, Roger Johnson, at the forefront. This substantial deal involves Bain Capital acquiring a controlling stake in Namirial, an Italian digital transaction solutions company, from Ambienta, an Italian private equity firm. This transaction marks…
The summer of 2020 marked a pivotal moment for diversity, equity, and inclusion (DEI) across global law firms, fueled by the worldwide outcry following the murder of George Floyd. Despite initial momentum, recent developments suggest a subtle shift in focus within law firms. Indications are emerging that diversity personnel might be moving away from DEI…
In a strategic move to enhance its presence in India, Dentons has combined forces with the local intellectual property boutique, Aumirah. This integration marks a significant expansion for Dentons, which will now operate a total of seven offices across India. The collaboration brings on board 30 professionals from Aumirah, led by managing partner Rahul Bagga,…
Dentons, the multinational law firm, has strategically expanded its operations in India by combining forces with the intellectual property boutique firm Aumirah. This collaboration is spearheaded by Aumirah’s managing partner, Rahul Bagga, and involves the addition of 30 professionals from the Noida-based firm joining Dentons’ existing Indian operations. As a result, Dentons will now boast…