The UK’s legal industry has seen a shift in the factors that define the best law firms to work for, as illustrated by the UK’s A-List for 2024. Nearly 100 of the largest law firms operating in the UK have been evaluated based on criteria including revenue per lawyer, pro bono commitments, and diversity in…
White & Case and Proskauer Rose have both added finance partners in their London offices. Notably, Proskauer’s new hire is a former Allen & Overy and Shearman & Sterling partner, who previously resigned following a drink driving conviction. Further details on the recent hires and their implications for the firms can be found in the…
In a recent analysis by Law.com International, the evolving dynamics between law firms and some of the largest corporations in the United Kingdom have been scrutinized over the past year. While many legal entities pride themselves on maintaining ‘institutionalized’ relationships with leading blue-chip clients, the study highlights the complexities and transitions in these partnerships, influenced…
Paul, Weiss, Rifkind, Wharton & Garrison, a major U.S. law firm, is set to close its Beijing office. This decision aligns with a trend among American law firms, as at least a dozen others have similarly wound down their operations in China. Despite the upcoming change in the U.S. administration, this movement appears unlikely to…
A recent disciplinary decision by the Solicitors Regulation Authority (SRA) has spotlighted financial misconduct by Anthony Kerman, a London-based lawyer formerly associated with Armstrong Teasdale. Kerman reportedly misappropriated nearly £14 million from client accounts to indulge in personal expenditures, including purchasing jewellery and settling credit card debts. This incident has prompted Armstrong Teasdale to re-evaluate…
DLA Piper has made a significant addition to its Vancouver office by onboarding eight lawyers from Clark Wilson, a regional competitor. This development marks the second time in recent months that a large group has exited the Vancouver-based firm. The new hires specialize in litigation within the insurance, construction, and aviation sectors, signaling DLA Piper’s…
“`html The legal industry is witnessing notable changes as major law firms are bolstering their European presence through significant lateral partner hires. Firms such as Eversheds and Noerr are enhancing their capabilities across key sectors, including privacy, cybersecurity, trade law, real estate, and financial services. These strategic moves aim to meet growing market demands. For…
Clifford Chance has strategically bolstered its presence in the European financial services sector by bringing on board two seasoned partners from Goodwin Procter. Arnaud Fromion, previously leading Goodwin’s Paris debt-financing department, along with Frédéric Guilloux, have joined Clifford Chance. This move is anticipated to enhance the firm’s capabilities, particularly in dealing with complex leveraged finance,…
“`html In a transaction that ranks as one of the largest equity offerings from India in 2023, a beverage company has successfully raised $890 million. The legal proceedings were spearheaded by international law firm Hogan Lovells alongside Khaitan & Co., reflecting a significant collaborative effort in corporate legal practice. This deal signifies a noteworthy moment…
Simmons has expanded its real estate practice by hiring the former head of UK real estate construction from Clifford Chance. In a similar strategic move, Brown Rudnick has announced that their new team head is joining from Eversheds Sutherland. This development highlights the ongoing trend of lateral hiring among major law firms. For more details,…
Freshfields Bruckhaus Deringer LLP has reinforced its litigation and enforcement capability in Washington D.C. with the strategic hiring of Melissa Hodgman as a litigation partner. Hodgman, previously an associate director in the U.S. Securities and Exchange Commission’s Division of Enforcement, brings substantial experience in regulatory enforcement to her new role. This lateral move is part…
Hungary is currently engaged in a legal battle as it seeks to overturn a decision by the D.C. Circuit, which allows for a more permissive interpretation of the expropriation exception under the Foreign Sovereign Immunities Act (FSIA). This legal confrontation arises from a lawsuit filed by Holocaust survivors seeking restitution for property allegedly seized during…
Talabat has made headlines with its Initial Public Offering (IPO) valued at $2 billion, marking it as the largest tech IPO of 2024. Global law firm giants, GDC and Linklaters, played a pivotal advisory role in this significant financial event, solidifying their positions as influential stakeholders in major tech industry transactions. The logistics and food…
Simpson Thacher has emerged as a key player in the competitive landscape of elite legal firms securing top private equity deals. The firm has taken the lead in the $5 billion buyout of EQT’s energy division. This move comes amidst intense competition among leading law firms striving for private equity mandates. While details remain limited…
Simmons & Simmons and Brown Rudnick have expanded their construction law capabilities with notable appointments. Simmons & Simmons has brought on board the former head of UK real estate construction from Clifford Chance, bolstering their expertise in the domain. In parallel, Brown Rudnick has named a new head of its construction team, who joins from…
Microsoft and Apple are currently embroiled in legal challenges in the United Kingdom, with both facing class action lawsuits filed on behalf of U.K. businesses and organizations. These cases are proceeding through the Competition Appeal Tribunal. Notably, the Tribunal has already approved one claim, and a decision on the other is expected soon. For further…
FIFA and the international law firm Clifford Chance have been accused by non-governmental organizations (NGOs) of downplaying Saudi Arabia’s human rights record amid the Kingdom’s efforts to secure hosting rights for the 2034 World Cup. These allegations suggest that both FIFA and Clifford Chance are engaging in activities that could be perceived as ‘whitewashing’ in…
In recent developments within the legal industry, Proskauer has made a significant hire by bringing on board a former Allen & Overy (A&O) Shearman partner. This move comes after the partner resigned from A&O following a drink-driving conviction. The precise details and implications of this hire remain behind a paywall, leaving the legal community with…
The UK A-List for 2024 highlights nearly 100 of the largest law firms operating in the United Kingdom, ranked based on various criteria such as revenue per lawyer, pro bono commitment, racial and gender diversity, and associate satisfaction. These metrics aim to provide a comprehensive view of what makes these firms attractive workplaces in the…
Gibson Dunn & Crutcher, alongside Linklaters and Ibrahim .N. Partners, are providing legal guidance in what stands as the largest tech initial public offering of the year, valued at $2 billion, for UAE-based online food delivery giant, Talabat. Gibson Dunn is offering counsel on U.S. and English law, while Ibrahim .N. Partners addresses legal matters…
Law.com International has conducted an in-depth analysis of the evolving relationships between law firms and the United Kingdom’s largest corporations over the past year. The study reveals the dynamic shifts in client-law firm engagements, highlighting the significant changes in the market. For full access to the detailed findings and insights, visit the original article at…
The legal community has been taken by surprise with the unexpected news that a former head of finance from prestigious law firms DLA Piper and Freshfields has been quietly ‘struck off’. The circumstances around the decision remain under wraps, and the lack of detailed information has left many industry insiders speculating about the implications for…
In a recent legal move, Canada’s major media outlets, such as The Canadian Press and CBC, have initiated a lawsuit against OpenAI. These organizations are accusing the U.S.-based AI firm of copyright infringement, claiming that OpenAI has unlawfully utilized their news content to train its AI products, including ChatGPT. The plaintiffs are represented by the…
In an insightful interview with Law.com, Phebe Hemmings, head of legal and compliance at Barratt Redrow, elaborates on her expectations from external counsel. Hemmings, who navigated the company through a merger valued at £2.5 billion in 2024, places a strong emphasis on a broader and higher quality service from external legal teams. Her approach is…
Gibson Dunn has made a notable addition to its London office by hiring an M&A veteran from Jones Day. This move is part of the Los Angeles-based firm’s recent efforts to strengthen its presence in key international markets. The firm has a robust reputation, particularly for advising tech giant Apple in significant disputes. For more…