The Legal 500 Future Lawyers News
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Revolving doors: Kirkland adds more magic circle partners as Akin Gump strengthens restructuring team
As the pound reached a record low against the dollar, US firms have continued to wield their hiring power in the City, adding several high-profile laterals to their ranks. Kirkland …
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‘A significant loss’: Litigation leaders convene as Google fails in critical €4.1bn antitrust appeal
Google’s parent company, Alphabet, suffered a serious setback this week as the European Union General Court upheld a European Commission antitrust ruling against the company worth €4.125bn. The case centred …
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Deal Watch: activity powers on as Latham and A&O lead on $19bn energy joint venture
Despite the inevitable slowdown in the spring following Russia’s invasion of Ukraine, deal activity rebounded over the summer with an unusually busy August. Latham & Watkins, Kirkland & Ellis and …
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Dealwatch: Ashurst and Travers double up on McColl’s and Ideagen acquisitions as Freshfields energises offshore wind deal
A trio of City firms acted on the sale out of insolvency of McColl’s to supermarket chain Morrisons, in a week that also saw significant mandates in the renewable energy …
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Dealwatch: City players drill down on Siccar Point Energy sale as US elite act on IFS and WorkWave deal
Significant deals in the pharmaceutical, energy and software space have got the market talking over the last week, as City and US giants scored major mandates. Ithaca Energy is acquiring …
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‘Buffeted from both sides’: City partners react as Clyde & Co and BLM finalise merger
With partners from Clyde & Co and BLM recently voting through their £700m merger, observers have offered conflicting views on what the tie-up means for the market. Legal Business broke …
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Paul Hastings toasts quarter century in London with 41% City revenue surge
In what the firm is hailing as ‘its best financial year ever’, Paul Hastings has posted an eye-catching 41% growth in City turnover from £108.6m to £157.2m. Globally, Paul Hastings did not …
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Dealwatch: Simpson Thacher and Kirkland lead on EQT’s €6.8bn BPEA deal as Freshfields and HSF jump aboard Stagecoach offer
EQT’s €6.8bn acquisition of Baring Private Equity Asia (BPEA), Cinven’s $2.6bn buyout of BESP and Pan-European Infrastructure III’s (PEIF III) £595m cash offer for Stagecoach Group Plc have kept advisers …
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Latham becomes the first $5bn law firm club member as revenue soars 27%
Latham & Watkins has become the first law firm to break the $5bn revenue barrier as turnover spiked 26.7% to $5.489bn in the 2021/22 financial year. Profit per partner also …
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Clyde & Co and BLM to merge with partner vote imminent
Clyde & Co and BLM are at an advanced stage of merger discussions, with both sets of partnerships due to vote on a tie-up before the end of March. Legal …
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