Cadwalader loses another as Greenberg builds London restructuring bench
Cadwalader notches another loss from its London office as real estate finance partner moves to Greenberg Traurig.
‘Slightly alarming’ – Clifford Chance, Linklaters, A&O Shearman match Freshfields’ NQ pay hike
Clifford Chance and A&O Shearman joined Linklaters this week in matching Freshfields’ NQ pay hike from £125,000 to £150,000, leaving Slaughter and May the sole Magic Circle firm still on the lower rate.
Latham lands Cahill City finance trio as Greenberg, McDermott and Cleary bolster London ranks
In the most notable London lateral move of recent weeks, Latham & Watkins bolstered its banking and finance practice with its hire of partners Jonathan Brownson, Joydeep Choudhuri, and Prue Criddle from New York banking heavyweight Cahill Gordon & Reindel’s City office.
‘Ultra-focused on culture and hungry to build’ – McDermott’s new London head sets out stall
Earlier this month McDermott Will & Emery announced that leveraged finance partner Aymen Mahmoud will take the reins from Hamid Yunis as managing partner of the US firm’s London office. Mahmoud (pictured), who has been at the firm since 2020 after joining from Willkie Farr & Gallagher, will take the helm on 1 June, while …
‘I mistakenly thought severe anxiety was a good thing’ – Vinson’s London head on opening up about mental health
For Mental Health Awareness Week, Vinson & Elkins London managing partner Nick Henchie talked to LB about recognising mental health issues, seeking support, the importance of openness and honesty, and supporting the next generation of lawyers facing similar challenges
Travers departures continue as Linklaters and Fried Frank pick off transactional trio
In another blow for Travers Smith, respected corporate M&A and ECM partner Richard Spedding has left to join Linklaters, on the back of the departure of a private equity duo to Goodwin late last month. A Legal 500 Hall of Famer for small to mid-cap equity capital markets, Spedding was at Travers or 25 years. …
‘I have near total freedom to build a practice’: ex-Kirkland Hall of Famer Tumani on his new challenge
Legal 500 Hall of Famer Satnam Tumani, previously head of the SFO’s anti-corruption and bribery unit and a longstanding partner at Kirkland & Ellis, recently moved to boutique firm Edmonds Marshall McMahon. He spoke to LB about his brief to build a new practice, the contrasts between Big Law and boutique law, and his nostalgia …
‘We have an insatiable appetite for recruiting’: Keystone posts double-digit revenue rise as hiring picks up
Keystone Law has released its financial results for 2023-24, posting a 15.1% revenue boost to reach £87.9m. The results, which cover the financial year to 31 January 2024, come after a sustained period of recruitment for the firm, which is continuing to sign up lawyers attracted to its non-traditional, decentralised model.
Market forces: Paul Weiss, Kirkland and the war for London talent
In the contest for the biggest legal story of the moment, the A&O Shearman merger may be more transformational for the firms involved, but it is fair to say it has not quite captured the imagination like Paul Weiss’s dramatic and audacious hiring spree in London. ‘The question is whether a firm can genuinely build …
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‘We’ll continue to look for talent’: Sidley’s London growth streak continues with double-digit revenue hike
Sidley Austin has continued its decade-long streak of growth in London, posting a 12.4% hike to reach $209.7m, with firmwide revenues reaching the $3bn mark. While global revenues grew 6.1% on last year, with profit per equity partner (PEP) up 10.3% to $4.6m, the Chicago-headquartered firm’s London office stood out with another year of double-digit growth.