In a strategic move to bolster its presence in Israel, the U.S.-based Honigman Law Firm has expanded its team by hiring four lawyers from top-tier global firms to enhance its investment funds, private equity, and insurance recovery practices. Notably, Joshua Gottesman, a former associate at Simpson Thacher & Bartlett, joins as a partner to lead…
Bowmans is strategically enhancing its prominence in Africa’s legal markets, particularly within the energy, infrastructure, and M&A sectors. The firm is actively recruiting top lawyers from prominent global firms, including Allen & Overy, Shearman & Sterling, Clifford Chance, and Watson Farley & Williams. This recruitment drive is part of Bowmans’ broader strategy to fill the…
Skadden, Arps, Slate, Meagher & Flom and Fenwick & West are playing advisory roles in the acquisition of Niantic’s games business by a division of Saudi Arabia’s Public Investment Fund (PIF) for a staggering $3.5 billion. This transaction includes popular gaming titles such as Pokémon Go, Pikmin Bloom, and Monster Hunter Now. The Saudi PIF,…
The Financial Conduct Authority’s (FCA) decision to abandon its plan to publicly name firms under investigation has been met with approval by city lawyers. This proposal had previously faced notable criticism from various sectors, including politicians, lawyers, and financial services professionals. The pushback highlighted concerns about potential reputational damage and market instability that could arise…
The legal profession has long been viewed as an exclusive realm. Carrie Morrison, the first female solicitor, was only admitted in 1922, and the first female Law Lord, Lady Hale, wasn’t appointed until 2004. Despite these historical barriers, Nikki Edwards, notable as a partner at Howard Kennedy and president of the London Solicitors Litigation Association,…
The Law.com International’s General Counsel Conference Africa, set to take place on September 5, 2025, at The Wanderers sporting club in Johannesburg, is expected to be a prominent event for in-house legal professionals in the region. General counsels from distinguished global brands, including L’Oreal and Mercedes-Benz, will be among the attendees and speakers. This gathering…
In a compelling legal development, Indonesian fishermen have leveled serious allegations against Bumble Bee Foods LLC, accusing the company of using forced labor practices in its operations. The fishermen, represented by Cohen Milstein Sellers & Toll, claim they were lured into exploitative working contracts based on misleading promises of fair employment. Contrary to the assurances…
In a recent announcement, the European Union’s executive arm revealed plans to impose €26 billion in tariffs on U.S. goods. This move comes in retaliation for the U.S. administration’s earlier decision to apply 25% tariffs on steel and aluminum imports from the EU. The EU tariffs will be implemented in two stages: The first step…
A recent survey commissioned by Definely, a British legal tech company, reveals ongoing uncertainty over the impact of artificial intelligence on the relationships between law firms and their clients in the U.S. and U.K. Despite widespread anticipation that AI might transform how in-house counsel and outside counsel operate, the survey of 200 attorneys shows little…
Simpson Thacher & Bartlett has agreed to pay £362,000 to settle an investigation by the Solicitors Regulation Authority (SRA) into past compliance failures. The settlement, confirmed by the Solicitors Disciplinary Tribunal, includes a £300,000 financial penalty and an additional £62,000 to cover the SRA’s legal fees. The firm was initially referred to the tribunal following…
National Grid, a prominent player in the UK’s electricity and gas sector, has announced an expansion of its legal services panel, augmenting the roster from 10 to 15 law firms. This move comes as part of its revamped £250 million “global legal services framework panel”, marking the first overhaul of its panel since 2019. The…
“`html Ropes & Gray has established a presence in the French legal market by opening a new office in Paris. This move is spearheaded by an 11-lawyer team transitioning from Clifford Chance, including partners Fabrice Cohen, Thierry Arachtingi, and Emmanuel Mimin. The team brings expertise in private equity, infrastructure, banking, and finance sectors. With this…
Despite a slowdown in initial public offerings on the London Stock Exchange, London’s equity capital markets lawyers continue to engage in a significant number of listings. However, these listings are now occurring more frequently in other European cities such as Spain, the Netherlands, and Switzerland. This shift is attributed to law firms’ growing proficiency in…
Clifford Chance has strengthened its New York office by adding three lateral partners within a single week, in a bid that aligns with its ongoing strategy for U.S. expansion. These hires were strategically chosen from prominent law firms Latham & Watkins, Mayer Brown, and White & Case. This move follows the firm’s commitment to bolstering…
The U.S.-based law firm Gibson, Dunn & Crutcher has announced the strategic recruitment of Mark Manson-Bahr, the former global head of real estate finance from A&O Shearman. Manson-Bahr will be joining Gibson Dunn’s London office as a partner in their real estate practice group. This move highlights Gibson Dunn’s continued focus on expanding their real…
Recent strategic moves within the legal sector in Asia highlight significant talent acquisitions as firms bolster their regional expertise. Norton Rose Fulbright has added a new dimension to its Hong Kong practice by welcoming a debt partner from Ashurst. This decision reflects Norton Rose’s ongoing commitment to strengthening its offerings in the Asian market, particularly…
In 2024, Indian law firms navigated through a bustling Initial Public Offering (IPO) market, positioning themselves as key players in the nation’s capital markets. A detailed analysis of India’s 100 largest listings by Law.com International highlights the prominent presence of firms like Cyril Amarchand Mangaldas, Shardul Amarchand Mangaldas, Trilegal, Khaitan & Co., and AZB &…
“`html Global law firm Reed Smith has reported a significant rebound in financial performance, achieving a record revenue of over $1.5 billion. This marks a 5.3% growth from the previous year, driven by targeted investments in high-growth areas and improvements in business efficiency and client services. Additionally, profits per equity partner have seen a substantial…
The merger and acquisition (M&A) market has experienced a notable decline in deal activity in the early months of 2025. Compared to previous years, the number of deals was 17% lower in January and February. According to the London Stock Exchange Group, February 2025 marked the first time in two years that no transaction above…
In a pivotal development, a Canadian court has refused to dismiss a series of lawsuits against social media companies Meta, Snapchat, and TikTok. The lawsuits, filed by schools and school boards, are seeking billions in damages, alleging that the social media platforms have disrupted student learning and the education system. This decision from Ontario Superior…
The Solicitors Regulation Authority (SRA) has successfully appealed a decision dismissing its case against Dentons, which was accused of violating money laundering regulations. The Solicitors Disciplinary Tribunal (SDT) had previously dismissed the case in 2024. However, a High Court judge has now ruled that the case should be revisited, potentially altering initial perspectives on regulatory…
Legal firm Hogan Lovells has achieved a legal victory representing the UK government against energy giants E.ON and British Gas. This follows the dismissal of an appeal by the Court of Appeal last week. The appeal challenged the government-supported takeover of Bulb Energy by Octopus Energy in 2021. E.ON and British Gas contended that the…
Latham & Watkins has reported a significant surge in its financial performance, with gross revenue reaching $7 billion in 2024, marking a 23% increase. Average profits per equity partner (PEP) have also jumped nearly 30% to surpass $7 million. These financial strides are attributed to consistent demand across several key practice areas, including M&A, private…
Latham & Watkins has posted a notable increase in its U.K. revenue, with a 25% surge bringing the total to $850 million (£657 million) in 2024. This growth is part of a broader positive performance for the firm on a global scale. As a result of this upturn, Latham & Watkins is closing in on…
In a significant development in the U.K. legal landscape, elite law firms such as Slaughter and May, A&O Shearman, and Freshfields have been engaged by six U.K. water companies to counter a major proposed class action. The allegations involved overcharging customers between £800 million and £1.5 billion through deceptive reporting of sewage leaks. This legal…