UK & Ireland
Fried Frank builds up PE team with Kirkland hire
A Kirkland & Ellis partner is joining Fried Frank Harris Shriver & Jacobson as the latter’s private equity rebuild continues. Rachel Wolfenden is making the move, having been at Kirkland for seven years. She joined in 2015 as an associate and made partner in 2020. Prior to switching to Kirkland, Wolfenden worked at Taylor Wessing, where she also trained.
Brown Rudnick adds Fieldfisher partner in London to lead UK and European IP team
Brown Rudnick has added a partner from Fieldfisher in London to lead its UK and European intellectual property practice. David Knight has joined the firm just days after it emerged Brown Rudnick’s former lead partner for UK and European IP, Steven James, had left with three colleagues to build the UK contentious IP practice at US rival Morrison Foerster.Knight’s practice covers the full range of IP rights, with a particular focus on patents. He advises companies on both offensive and defensive patent litigation and on corporate matters, including structuring, transactions and licensing.
MoFo targets London contentious IP work with four-strong team hire from Brown Rudnick
Morrison Foerster (MoFo) has hired a four-strong team from Brown Rudnick in London to build a contentious IP practice. The group is led by Brown Rudnick’s former lead partner for UK and European IP, Steven James, along with counsel Ruth Arkley, senior associate Hattie Chessher and paralegal Rebecca Jenkins.
Ashurst Adds Hausfeld Competition Partner to London Ranks
Ashurst has strengthened its contentious competition practice in the U.K. as it adapts to the changing post-Brexit regulatory climate. London partner Anna Morfey joins Ashurst from specialist litigation firm Hausfeld, which in recent years has taken on several major class actions in the U.K.
DLA Piper Boosts London Real Estate With Bryan Cave Hire
DLA Piper has strengthened its real estate offering in London. Andrew Yates joins DLA Piper’s real estate team from Bryan Cave Leighton Paisner, where he has been a partner since 2008. Prior to that he had also been a partner at Pinsent Masons, and also spent time at Ashurst and U.K. elite firm Slaughter & May
Osborne Clarke and Morrison & Foerster Add to UK Ranks
Osborne Clarke and Morrison & Foerster have added to their ranks across their U.K. offices. Osborne Clarke has added PwC legal director Tom Lewis as its head of corporate structuring and simplifications. Tom Lewis is the second partner to join Osborne Clarke from PwC in two months.
DLA Piper Duo Quit to Join EY Law in the UK
Two DLA Piper asset finance partners are leaving to join the legal arm of Big Four firm EY. The duo are led by Alan Cunningham, who heads DLA’s asset finance practice in the U.K. He first joined the firm as a partner in 2011 from DWF and previously worked as an associate in Norton Rose Fullbright’s Paris office, Reed Smith’s Hong Kong office and at Harbottle & Lewis, according to his Linkedin profile.
DLA Piper underlines Africa ambition with projects partner hire from Watson Farley & Williams
DLA Piper has bolstered its Africa offering with the hire of an international projects partner in London from UK rival Watson Farley & Williams. Titus Edjua brings a strong track record in advising on Africa-related transactions in both civil and common law jurisdictions to his new firm, which he has joined after three-and-a-half years as a partner at Watson Farley. His practice spans all aspects of project development and finance, including advising on conventional and renewable power, mining, gas, infrastructure, brownfield and greenfield projects, as well as general financing and commercial transactions. He also brings expertise in policy, regulatory and governance advice.
Ashurst Swoops for King & Spalding UAE Corporate Partner
Ashurst has swooped for King & Spalding partner in the UAE. Simon Rahimzada has over 20 years’ experience in cross-border M&A, private equity and joint venture transactions, the firm said in a statement.
Five Strong Ex-White & Case Team Heads to Slovakian Firm
Bratislava-based firm Hillbridges has claimed a five strong team of ex-White & Case lawyers after the latter firm exited Slovakia last year. The move comes within a year of White & Case pulling out of the Slovak market in March, spinning off its Bratislava office, with the 11 lawyers at the time continuing to operate under the mantle of independent firm Aldertree.
Cuatrecasas Lands Jones Day’s Madrid White Collar Head
Cuatrecasas has expanded its white collar criminal law practice with the hire of a senior Jones Day partner in Madrid. José Bonilla, who leads Jones Day’s investigations and white collar defense practice in Madrid, will join the Spanish law firm as a partner on New Year’s Day 2023.
Ashurst Adds Ex-Addleshaw Goddard Partner To Hong Kong Restructuring Team
Ashurst has expanded its restructuring and insolvency team in Asia with the hire of a former Addleshaw Goddard partner in Hong Kong. The firm has hired corporate restructuring partner Lance Jiang after Addleshaw shuttered its Hong Kong office earlier this year.
Kirkland Hong Kong Partner Leaves for King & Spalding Singapore
King & Spalding has added Kirkland & Ellis’ government and internal investigations partner Richard Sharpe to its Singapore stead. Sharpe has relocated from Hong Kong to Southeast Asia for his new role. Sharpe advises clients on investment-related risk, the design and implementation of compliance programs, anti-bribery and corruption, anti-money laundering, and international sanctions. He has experience in acting for private equity funds, financial institutions, and individuals who are under investigation by Hong Kong and U.S. regulators.
CMS Recruits Former Government Vice Minister in Peru
CMS Grau, the Peruvian arm of global law firm CMS, has hired as a partner a former government vice minister at the Peruvian Ministry of Energy and Mines, as the firm anticipates greater demand for advice on energy matters. Eduardo Guevara Dodds was appointed in 2018 as the Peruvian government’s vice minister of hydrocarbons, responsible for developing sustainable policies including those related to the social impacts of extractive industries.
Scottish Rail Finds Next General Counsel
Scottish Rail Holdings has added its next general counsel and company secretary. Emma Dixon has joined the company, which is owned and controlled by the Scottish Government. There have been a number of notable in-house moves in recent months across the industry.
Promotions & Appointments:
TotalEnergies appoints six firms to reduced roster
TotalEnergies (formerly known as Total) has reduced its global panel by 25 per cent, appointing six firms instead of eight to the new list. The firms that have gained places on the panel are Clifford Chance, Gide Loyrette Nouel (itself and with the Lex Mundi network), Jones Day, Latham & Watkins, Norton Rose Fulbright and White & Case. Gide has been a long-standing firm for TotalEnergies, and its position on the panel alongside the network Lex Mundi will allow TotalEnergies access to a large network of high-quality local firms. The company said this is particularly attractive for its low-margin renewables sector, which requires firms with strong local presence with specific local knowledge.The new panel will run from 1 January 2023 for a period of three years.
Dechert names successors to chair Levander as it rings in new global leadership team
Dechert has announced that two of its leading corporate lawyers will succeed chair Andy Levander as part of a wider leadership shake-up that will also see the firm replace the CEO role with joint global managing partners. Partners David Forti and Mark Thierfelder will take over 1 July 2023 from Levander, who has served as chairman of the top 35 US law firm since 2011. At the same time Henry Nassau, who has served as Dechert’s CEO since 2016, will step down, after which the firm will retire the role.
Herbert Smith Freehills names UK ECM lead next joint corporate managing partner
Herbert Smith Freehills (HSF) has appointed Mike Flockhart as the new joint managing partner for its global corporate practice and the UK/US regional head of practice. Flockhart will begin in his new role 1 December and succeed fellow London-based partner Stephen Wilkinson, who returns to full-time practice after four years in the role. Flockhart will work with fellow corporate managing partner Carolyn Pugsley, who is based in Melbourne, maintaining a UK-Australia axis that reflects the firm’s key jurisdictions.
Mergers & Alliances:
Han Kun Bolsters Capabilities in Hong Kong Via Merger With Local Firm
Beijing-based Han Kun Law Offices has established a local law firm in Hong Kong following a merger between the firm’s Hong Kong office and its associated law firm in the city, Miao & Co—a move designed to bolster its ability to work across Greater China. The newly merged firm, which will go by the name Han Kun Law Offices, began operating on Nov. 28. The Hong Kong branch will be headed by Felix Miao, a U.S.-qualified lawyer who founded Miao & Co and previously worked at Morrison & Foerster, Latham & Watkins and Linklaters, according to his bio on Han Kun’s website.
Ashurst to launch in Korea after striking first ever joint venture deal
Ashurst is to become the first international law firm to practise local law in South Korea after securing a joint venture with domestic firm HwaHyun. The move also signals the Anglo Australian firm’s launch in Seoul, where a number of its rivals have operated representative offices for several years.
What Effect Will a Recession Have on The Legal Hiring Landscape?
Following a hiring frenzy which saw firms onboarding from the bottom up with unrelenting pace and eyewatering salaries, it seems the curve has now peaked. With potential stormy waters on the horizon for law firms, the legal hiring market has been met with some turbulence over the past few months. Whilst it is no surprise that firms have become a lot more strategic given the volume of hiring last year, the struggle to attract quality talent remains prevalent.
Cooley lays off 150 lawyers and staff in response to ‘unexpected economic downturn’
Tech-focused law firm Cooley is laying off 150 employees in the US including 78 attorneys, blaming the move on a market downturn that is expected to continue into next year. The move was revealed by chairman and CEO Joe Conroy in an internal memo yesterday, which was obtained by Above the Law, in which he conceded that the firm’s aggressive hiring during 2020 and 2021 had backfired in light of an ‘unexpected economic downturn’.
Are There Enough Restructuring Lawyers For This Recession?
Restructuring lawyers sometimes have a reputation for being doomsayers. The economy is due a downturn, they frequently say, and insolvencies are soon to pick up. Those forecasts can be wrong for a long time before they become right. But there is a strong feeling that this economic downturn time really will lead to increased restructuring & insolvency activity, especially in the U.K.
Technology & Innovation:
Gowling unveils tech trainee seat to help lawyers “stand out”
Gowling WLG has created an innovation and legal tech seat for trainees across its UK offices, The Lawyer has learnt.The optional programme sees trainees split their six-month seat between the firm’s innovation team and on secondment to Avail – an artificial intelligence (AI) start-up with a focus on transactional real estate teams, with which Gowling has a joint venture.
Cybersecurity 101: Politicians Show Firms What Not to Do
Recent hacking incidents involving the phones and mobile devices of prominent UK politicians can serve as a valuable learning exercise for firms looking to shore up their data protection and cybersecurity practices.
Diversity & Inclusion:
Law Society backs calls for step-change in socio-economic diversity of professional services by 2030
The Law Society of England and Wales has welcomed the final report from the City of London’s Socio-Economic Diversity Taskforce, which calls for half of senior leaders from the financial and professional services sector to come from a non-professional background by 2030. The report provides a roadmap that Law Society president Lubna Shuja said sets out how employers can speed up progress and achieve equity of progression.
Is Flexibility Enough? How to Support Parents in the Legal Sector
Working parents will know – winter bug season is already upon us. With the NHS warning of a ‘twindemic’ and encouraging certain demographics to get both their Covid and flu jabs, some headlines have warned of an illness-filled winter ahead and for working parents this means months of dreaded calls from nurseries to collect children and school absences. For many working parents, these winter months can be full of intense juggling periods of trying to keep up with work and care for sick children but of course, being a working parent, especially in the legal sector, can be difficult and stressful no matter what time of year it is.
France’s Jeantet Creates Sustainable-Energy Department With 14-Person Hire
Jeantet has recruited a 14-person team, including three partners, from a rival French firm to create a new multidisciplinary department dedicated to energy transition and sustainable development. The move is part of a growth strategy for Jeantet, an elite firm with headquarters in Paris and offices around the world.
Ukrainian Legal Developments:
DLA Piper associate recognised for spearheading pro bono project to advise Ukrainian refugees
DLA Piper’s UK pro bono manager has been recognised by London’s legal community for her work coordinating a project to provide free legal advice to Ukrainian refugees. Associate Olivia Clark is this year’s recipient of the Wig & Pen Prize, which is jointly awarded by the City of London Law Society (CLLS) and City of London Solicitor’s Company and celebrates the pro bono legal work of City lawyers. She secured the award for her work coordinating the Ukraine Advice Project, which connects Ukrainians fleeing the war with lawyers who can advise about legal pathways to the UK. The portal has provided information to more than 4,300 Ukrainians and their families and has linked more than 1,500 Ukrainians with pro bono immigration legal support.
The global legal market is in the process of changing in the face of recent and emerging developments. Cost pressures, regulatory changes, the challenges of scale and global footprint, advances in technology, and the expectations of a new generation of lawyers entering the profession are causing a shift in the market.
How leadership teams respond, devise, and implement a smart and timely response to these forces over the next few years will determine who will emerge as winners. Which furthers the question of how law firms and in-house legal teams will position themselves to take advantage of the opportunities that lie ahead despite the challenges – most notably when it comes to attracting and retaining talent?
A combination of the pandemic, Brexit and other more widespread factors have led to skills shortages and talent gaps across different industries. One knock-on effect of this has been greater competitiveness among employers for top potential recruits. This has led to an increasingly candidate driven market where said candidates have begun to expect a different modus operandi from before. Post-pandemic, attracting top talent isn’t just about offering the highest remuneration as candidates are also looking for the right working patterns and flexible working hours with around ½ of legal professionals with 10+ years’ experience now expressing wanting to work remotely at least 2-3 days per week.
Nonetheless, this highly competitive market shows no signs of slowing down. A new national survey from MHA has revealed that 85% of UK law firms are planning to increase staff numbers in 2022. Another recent survey by the Association of Corporate Counsel also found that 32% of in-house general counsels’ plan to recruit more lawyers to their in-house legal department. These circumstances have led to a robust war for talent taking place between private practice and in-house as they try and attract top performers to their teams.
On the frontline is the question of competitive salaries. Salaries were already trending upwards in previous years. In private practice in 2021, the base salary of an NQ in an upper quartile UK law firm ranged between £85k-£105k up from between £82k-£95k in 2020. The pace of change has only markedly increased in 2022 where we’ve seen international firms paying NQ lawyers a base salary of up to £120k. This is further reflected at all levels of seniority within private practice salaries. On the other hand, when it comes to junior in-house talent, base salaries start around £60k-£80k in London, rising to around £110k-£180k for senior legal talent.
With this information taken into consideration, given all the money on offer within private practice, why would a newly qualified – or in fact a lawyer at any level, consider the in-house legal market. However, despite it, we are still seeing a current trend of employees at UK law firms switching sides and going in-house.
This is because whilst there is a lot of money on offer in private practice, many still transition from private practice to in-house for greater job security, flexibility, work-life balance, and better promotion opportunities. The legal in-house function in recent years has evolved. Companies have changed since the pandemic, with many increasing the size of their legal teams and giving in-house lawyers greater influence—reflecting a more fluid and changing global landscape. Businesses are seeing the advancement of technology, bringing with it new legal responsibilities, so an in-house lawyer can help companies navigate the legal landscape quickly and with ease. In turbulent times it’s important that people can turn to in-house lawyers as trusted advisers, to help them navigate the uncertainties of the next few years and give them some assurance. With the global situation being fast-moving, having an existing legal function that understands the business, its clients and stakeholders is proving more essential than ever. In-house legal functions have been increasingly redrawing the line between what needs to be outsourced and what can be performed within the legal function. Many private practice lawyers express that the hands-on nature of the in-house market is a key factor for why they want to make the move across. The ability to start and finish a project, rather than just advising on one aspect of it, as well as working alongside the business to achieve commercial aims, plays a key factor in decision making. Whilst the salaries may not be as large as in the private practice, the benefits of joining an in-house organization can far outweigh just the salary on offer.
While this all seems very positive for the in-house market there is a rebalancing on the horizon. There is still the salient topic of income, although in-house teams start to pay more for lawyers with three to seven years’ experience, after that, the differential starts to swing the other way and begins to stagnate. All the while equity partners in top law firms are earning incomes that far exceed their peers in in-house roles, save for a few GCs of major listed companies.
Furthermore, in-house lawyers are now getting busier, with pressure for them to do more – on the other side of the fence, many law firms are rethinking the workload of graduates and early career lawyers to make them more sustainable. They have also stepped up their programs focused on employee mental health and wellbeing and increasingly dedicating time to the question of diversity & inclusion.
Either way, if trends persist, the employee value proposition of in-house may become less compelling. With increasing demand, in-house teams have started to build their capacity by hiring more graduates and investing in early career legal and commercial training. However, this may be good news for law firms; after years of training young talent only to lose them to in-house roles, the shoe may comfortably fit on the other foot. In recent years, we have noticed a marked increase in the number of lawyers moving back to private practice after several years in-house, as well a steady flow of legal professionals flooding into other legal functions such as compliance and risk. Furthermore, although, in-house lawyers are increasingly being paid through long term incentive plans or rewarded through share schemes in order to compensate for the competitiveness of salaries in private practice, it remains to be seen whether in-house roles will ever truly be able to compete financially with private practice.
It is important to remember that in these uncertain times, change is inevitable to accommodate a world in flux. As the power play gets settled out between the private practice and in-house sectors, the status quo remains that both are looking to hire, and both boast pros and cons that may suit different individuals at different point in their career – just as it has always been. Nonetheless, the war for talent rages on and the future of the industry may no longer be a hierarchy with private practice at the top as both sides set out to become as attractive as possible for prospective talent.
Written by Imogen Scott, Researcher
UK & Ireland
A&O swoops to recruit Shearman finance partner
A finance partner, who has been at Shearman & Sterling for 16 years, is moving to Allen & Overy. Marwa Elborai specialises in both capital markets and leveraged finance. She was given the nod to partner in 2016.
From secondment to GC: Ropes partner lands legal role at Bain
Ropes & Gray’s former London managing partner has left the firm having been on secondment at client Bain Capital for over a year. Will Rosen joined Bain for a temporary period in September 2021 to fill a senior gap in the private equity house’s in-house legal team. He has now left the partnership at Ropes and has joined Bain Capital as its European general counsel for private equity.
DLA Piper Duo Quit Firm To Join EY Law
Two DLA Piper asset finance partners are leaving to join the legal arm of Big Four firm EY.The duo are led by Alan Cunningham, who heads DLA’s asset finance practice in the U.K. He first joined the firm as a partner in 2011 from DWF and previously worked as an associate in Norton Rose Fullbright’s Paris office, Reed Smith’s Hong Kong office and at Harbottle & Lewis, according to his Linkedin profile.
Allen & Overy Seals Partner Hire From Shearman & Sterling
Allen & Overy has bolstered its U.K. leveraged finance bench with a partner hire from U.S.-headquartered Shearman & Sterling. High yield partner Marwa Elborai has spent the last 16 years at Shearman, nearly seven years of which were as partner, according to her LinkedIn profile. She also spent some time working in the firm’s New York office.
Goodwin Appoints Private Investments Funds As New London Co-Chair
Goodwin Procter has appointed a private funds partner as its next London co-chair, as long-standing incumbent Paul Lyons steps down.Private funds partner Ajay Pathak takes the reins alongside current co-chair, private equity partner Gemma Roberts who took on the role last year. Pathak joined Goodwin as a partner in the private equity group in 2017 from King & Wood Mallesons. He spent 15 years at KWM, joining after the firm collapsed in late 2016. His practice focuses on the establishment, management and regulation of private investment funds across a range of alternative asset classes.
MoFo makes first group IP hire with four-strong team
After a search spanning several years, Morrison Foerster has added a four-strong intellectual property litigation team in London. The US firm’s London office has hired a team led by Steven James from Brown Rudnick. James, who starts at MoFo’s offices in the Scalpel on Thursday, was head of the IP practice across Brown Rudnick’s UK and European regions.
Squire Adds 4-Lawyer Private Equity Team in Madrid
Squire Patton Boggs has added a four-lawyer, partner-led private equity and M&A team to its corporate practice in Madrid. Private equity lawyer Carlos Blanco, who led Spanish law firm RocaJunyent’s corporate and M&A department in Madrid and was the office’s managing partner from 2017 to 2020, has joined the now-twenty-lawyer corporate department at Squire and brought with him three team members: senior associate Javier Arenas and associates Elena Ferrer and Iñigo Oliván.
Allen & Overy Takes More Washington DC Space as US Growth Continues
Allen & Overy has expanded its office footprint in Washington D.C., as the firm continues its concerted efforts to grow in the U.S. The firm is adding more space to its current occupancy at 1101 New York Avenue, NW in the U.S. capital and is set to renovate its current area. A&O will grow its occupancy by 10,000 sq ft to lease 40,914 sq ft, which includes its current presence on the 11th floor and will add part of the 10th floor, according to a person with knowledge of the matter.
People in the News—Nov. 23, 2022—Gawthrop Greenwood, Tucker Arensberg, Barley Snyder
Gawthrop Greenwood welcomed Jeremy Grivensky as an associate attorney practicing in the firm’s litigation department at the West Chester office.
From secondment to GC: Ropes partner lands legal role at Bain
Ropes & Gray’s former London managing partner has left the firm having been on secondment at client Bain Capital for over a year. Will Rosen joined Bain for a temporary period in September 2021 to fill a senior gap in the private equity house’s in-house legal team.
International Airlines Group hires GSK lawyer as new GC
International Airlines Group (IAG) has hired Sarah Clements, previously legal head of group transformation and separation at GSK. Sarah Clements worked at GSK for over four years, with her most recent role created to oversee the demerger between GSK and Haleon.
Promotions & Appointments:
Wayne State University Law Names Inaugural Associate Dean of Diversity
“I have spent my entire professional career working not only to promote diversity and belonging, but also, recognizing that neither diversity nor inclusion are power-neutral, advancing civil rights and equality in education,” Nancy Chi Cantalupo said in a statement. “However, that work has almost always been bifurcated—either focusing on research or on the implementation of DEI programs and initiatives.”
Memphis Partner Elected New Chair of Adams and Reese
Litigation partner Clarence Wilbon, who joined the Adams and Reese executive committee in 2021, has been elected chair as of Jan. 1, 2023.
Mergers & Alliances:
Birketts enters Kent with social housing firm merger
South East firm Birketts has announced a tie-up with Batchelors Solicitors, a 40-strong firm with offices in Kent and London. The merger deal sees Birketts operate in Kent for the first time. The majority of Batchelors’ team is based in Bromley, but it will move over to new space taken up by Birketts in April 2023.
A merger won’t save you
Rather than reinvigorating consolidation of the UK legal market, merger activity between firms is likely to contract further next year as firms batten down the hatches to protect margins. But while acquisition appetite may fall among the larger firms, the number of smaller firms looking for a buyer is expected to escalate. This could create the perfect conditions for a flurry of distressed purchases.
Office Openings & Closing:
FordHarrison Adds Houston Office, Its Second in Texas
Management-side labour and employment firm FordHarrison launches an office in Houston, founded by a former Morgan, Lewis & Bockius associate.
Law Firm Leasing Back to Normal Dynamic
Volume has held up while the technology sector pauses as it considers an upcoming recession. This year has signaled a return to more normal dynamics for legal leasing, but where firms are signing leases has seen a substantial change, according to Savills’ U.S. Law Firm Activity Report Q3 2022.
CMS sets its sights on Leeds office launch
Leeds has been home to a number of office openings this year, with CMS Cameron McKenna Nabarro Olswang the latest firm to be seeking a launch. The firm has three offices across the north of England in Liverpool, Manchester and Sheffield, but sources say the firm has identified an opportunity in Leeds and is actively trying to establish itself in the city.
Dentons unveils newly-minted five-year strategy
Dentons has launched a five-year strategy for the UK, Ireland and Middle East (UKIME) region that includes practice area expansion, career progression initiatives and technology investment. The firm’s UKIME CEO Paul Jarvis said the goal of the new strategy is “not to add revenue for revenue’s sake” and that it is about “being connected to our clients, global USP and people”.
Latham wins mandate on possible Manchester United sale
Latham & Watkins is the firm that has scored the mandate for the Glazer family on its strategic review of Manchester United. The club said in a statement it would “evaluate all options to ensure that we best serve our fans and that Manchester United maximises the significant growth opportunities available to the Club today and in the future.”
Inflation is already eroding growth
Growth that outpaces inflation is a core objective for any law firm in expansion mode. But with inflation currently running at around 10 per cent and predicted to rise higher, achieving real money growth in 2022/23 will be tougher than ever before. If firms are to maintain momentum through a lengthy recession, then partner profits will need to be scrutinised and charge-out rates potentially raised in line with inflationary levels.
Raising Billing Rates in 2023 Becomes a ‘Singular Focus’ for Law Firms
“We’re seeing higher planned rate increases at this point than we’ve ever seen, and we’ve been tracking this for 15 years,” said a Wells Fargo analyst.
Baker McKenzie Remains Alone on Bonuses as Firms Grapple With Excess Capacity
A downturn in transactional work will likely cause more segmentation in year-end bonus payments following two years of bonus-matching.
This is the fastest growing firm in Europe
Which firm based in the European region has achieved the highest level of organic growth over the last five full financial years? Few of you may have looked outside the UK, but the correct answer is Spanish firm Pérez-Llorca. International network leaders, or those with Iberia connections, may have had an inkling of the firm’s rampant growth, but the majority, no doubt, would not have put Pérez-Llorca on the ‘one to watch’ list.
Technology & Innovation:
Crypto Lawyer Says Mining Moratorium Is Built to Survive Legal Challenges, But Deep-Pocketed Industry Is Likely to Sue
Cryptocurrency clients feel they were lured to New York “by policy statements made as early as 2020—and now that they’re here, they’re being shelved,” said a lawyer with industry clients.
For E-Discovery Professionals, a Twitter Shutdown Is Problematic, but Not Dire
Concerns around Twitter’s future are another reminder for e-discovery teams about the preservation challenges that come with ephemeral data and ever-evolving social media platforms.
‘A Market for the Work We’re Doing’: Cleary Sees Its Bay Area Offices Bloom in Year 1
After just one year in the Bay Area, the Wall Street firm is seeing plenty of demand as the technology sector confronts a new regulatory landscape.
Diversity & Inclusion:
Roundtable: How to retain talent through culture
As political turmoil continues to temper financial markets, hamper international trade relations and exacerbate political insecurity, ensuring client stability and satisfaction still remains of vital concern for all law firms. In a recent roundtable co-hosted by Scottish-based Morton Fraser and The Lawyer, participants discussed the biggest challenges facing law firms in maintaining client satisfaction into the future. The “war for talent” stood out as an aspect of legal services that firms simply must get right.
UK & Ireland
Cleary expands City M&A team with Linklaters recruit
Linklaters’ Nick Rumsby is leaving the magic circle firm for Cleary Gottlieb Steen & Hamilton’s London office. Rumsby has been a lifer of Linklaters, joining as a trainee in 1997 and promoted to partner a decade later.
Macfarlanes hires pensions partner from Hogan Lovells in London
Macfarlanes has hired pensions expert Faye Jarvis from Hogan Lovells to strengthen its pensions team in a relatively rare lateral move for the firm. Jarvis joins as a partner in London and brings with her extensive experience advising employers and pension trustees on funding issues, liability management exercises, scheme mergers and demergers and other pension-related strategies and transaction support.
Commercial crime silk leaves Cloth Fair for Fountain Court in London
Clare Sibson KC is set to join Fountain Court Chambers this week from specialist criminal set Cloth Fair, in a move that underscores the former’s commitment to grow its commercial crime team. Sibson brings considerable experience of disputes at the intersection between commercial crime, civil fraud and regulatory law to Fountain Court. Ranked by both Chambers & Partners and The Legal 500 for her financial and business crime practice, she also brings a strong reputation as an advocate and cross-examiner.
Hogan Lovells, Paul Hastings and Goodwin Strengthen London Ranks
Several international law firms have added to their U.K. ranks in the last month including Hogan Lovells, DLA Piper, Norton Rose Fulbright, Paul Hastings and Goodwin. DLA Piper, Norton Rose Fulbright and others have also made hires in the last month.
Clifford Chance Hires 2 IP Partners in Düsseldorf
Clifford Chance has hired two European IP partners and one counsel from a European intellectual property boutique in anticipation of the 2023 launch of the Unified Patent Court. Starting on January 1, 2023, IP partners Tobias J. Hessel and Stefan Richter will join the law firm’s IP practice in Düsseldorf from Hoyng Rokh Monegier.
Loyens & Loeff Hires M&A Luxembourg Partner From Rival
A longtime Bonn Steichen & Partners partner has left the Luxembourg firm after 17 years to join the Benelux firm Loyens & Loeff. Frédéric Lemoine joined Bonn—then still known as Bonn Schmitt Steichen—as a junior lawyer immediately after completing his legal studies in 2005. It is Loyens’ second significant hire in a month, having added a De Brauw Blackstone Westbroek’s Amsterdam partner in October.
The Big Four’s China Law Partners Find New Homes
The so-called ‘Big Four’ auditing giants have shut down their legal affiliations in China following intense regulatory scrutiny, according to an investigation by Law.com International. In a major development for Asia’s legal industry, PwC and Deloitte confirmed that they had closed their associated Chinese law firms. KPMG and EY have also closed, and both no longer have operational local law-firm websites. We are still trying to determine where many of the partners who previously worked for the Big Four-affiliated firms have landed.
Kennedys Replaces APAC Aviation Head as Incumbent Moves In-House
Kennedys has promoted Singapore-based aviation partner Anita Quy to head of aviation in Asia Pacific, replacing former partner Peng Lim who has recently moved in-house in London. Quy was among six lawyers, including Lim, who joined the Singapore office of Kennedys from Clyde & Co back in 2014. The new hire will work alongside new partner Tristan Thompson, who joined the firm’s Singapore office in September from DLA Piper.
Fangda Partners Adds 2 Partners to Shanghai and Shenzhen
Beijing-based Fangda Partners has added capital markets lawyer Aaron Chen to Shanghai and IP specialist Zou Wen to Shenzhen. Joining in Shanghai is capital markets partner Aaron Chen, who was most recently a partner at Chinese firm Jiayuan Law Offices. Chen advises on capital markets deals, corporate restructurings as well as private equity investments
Paul Hastings Takes Hong Kong Securities Partner from Deacons
Paul Hastings has boosted to its capital markets stead by adding Deacons partner, Peter Cheng, to its Hong Kong office. Cheng primarily represents issuers and underwriters on Hong Kong initial public offerings (IPO). He also advises corporates on compliance with Hong Kong Listing Rules, as well as on M&A and private equity investments. He has particular experience acting for companies dealing in the TMT sector.
Pinsent Masons Poaches Energy and Infrastructure Team from K&L Gates
Pinsent Masons has poached an energy and infrastructure team from K&L Gates to join its Sydney office, while Baker McKenzie and HFW have also made hires in the city. The Pinsent Masons team consists of partner Kirstie Richards and senior associates Luke Salem and Alec Kibblewhite, who will lead the firm’s Australian planning and environment capabilities, the firm announced.
Orrick secures four-partner life sciences IP litigation team from Milbank
Orrick Herrington & Sutcliffe has added a four-strong team of life sciences-focused IP litigation partners from Milbank in California. The team is recognised for its record protecting the innovations of major biotech companies in complex patent cases and is made up of David Gindler, who headed Milbank’s IP litigation and licensing practice, along with Gary Fischling, Lauren Drake and John Lu. Frischling has joined the firm in Santa Monica while the rest of the team will be based in Orrick’s Los Angeles office.
Sidley Austin taps White & Case for Middle East-focused M&A partner in New York
Sidley Austin has hired international deals lawyer Michiel Visser from White & Case to boost its M&A and private equity practice. Visser joins as a partner in New York where his practice will focus on a range of cross-border M&A and corporate work, with a particular focus on Middle Eastern clients including sovereign wealth funds, government-related entities, family offices and companies. He advises on acquisitions, asset sales, joint ventures, co-investments, restructurings and corporate governance. He is dual-qualified in New York and England.
Linklaters targets US renewables market with senior partner hire from Sidley Austin
Linklaters has signalled a drive to grow its market share of energy transition work in the US with the hire of a partner from Sidley Austin to head up its regional energy and infrastructure projects team. Ron I. Erlichman has joined the UK Magic Circle firm as a partner and head of energy and infrastructure in the Americas and will lead an Americas team currently comprising two partners, a counsel and six associates.
Eversheds Sutherland Loses 4 More Energy Transition Lawyers to Holland & Knight
Holland & Knight, which last week confirmed the hiring of five Eversheds Sutherland energy transition lawyers in Houston and Washington, D.C., has expanded the team further with two more in Atlanta, one in New York and another in Washington. The four hires in Atlanta, New York and Washington, D.C., make a total of nine Eversheds Sutherland energy transition lawyers that Holland & Knight has hired this month as it focuses on expanding its energy practice.
Cleary Lands Longtime A&O Derivatives, Structured Finance Partner in New York
Cleary Gottlieb Steen & Hamilton has added Deborah North, an Allen & Overy derivatives and structured finance partner, as a partner in New York, the firm said Wednesday. North had been at A&O for just over 22 years and was promoted to partner in its London office in 2008. Her hire comes as Cleary anticipates current economic factors will drive work in the practice.
White & Case Adds Yet Another Partner in Mexico City as Business Thrives
White & Case has recruited yet another partner for its Mexico City office as it experiences strong demand for its corporate services. Carlos Martínez joins the global firm’s tax practice from Mexican firm Creel Abogados to help field consistently strong demand for corporate work. He joins just a few months after the firm brought on two other partners—Eduardo Flores Herrera and Narciso Campos Cuevas.
Promotions & Appointments:
Garrigues Promotes 16 to Partner, Half Are Women
Spanish law firm Garrigues has announced the appointment of 16 new partners across Spain and Latin America, half of whom are women. All new partners become part of the firm’s equity, according to the firm’s statement.
Cleary announces first female partner promotion in London since 2017
Cleary Gottlieb Steen & Hamilton has added two new partners to its London office as part of its latest global promotions round, while adding its first female partner since 2017. The US firm has elevated nine lawyers in total across its offices in London, Paris, New York, Frankfurt and Hong Kong,
BCLP makes up seven UK lawyers to partner in promos round
Bryan Cave Leighton Paisner (BCLP) is promoting seven UK lawyers to partner, based in both London and Southampton, alongside 14 other elevations globally. In London, Tom Bacon sits in the corporate practice, James Banks focuses on real estate and Benjamin Blacklock works on disputes.
Gibson Dunn announces 37-strong US-dominated partner promotions round
US firm Gibson Dunn & Crutcher has promoted 37 lawyers to its partnership, 10 more than last year’s promotion round. Women accounted for 16 of this year’s cohort, or 43%. Last year 12 made the cut, or 44% of the overall round. US promotions dominated, with just five outside North America, including Hanna Chalhoub and Nooree Moola in Dubai, Piers Plumptre in London, Katharina Humphrey in Munich and Jan Schubert in Frankfurt. New York saw the most promotions with eight, followed by seven in Washington DC, six in its Los Angeles headquarters and five in Dallas. The firm’s West Coast offices including LA, San Francisco and Palo Alto accounted for more than a third of promotions in total.
Travers Smith opts for ‘stability and continuity’ as it re-elects senior partner for second term
Travers Smith has elected Kathleen Russ to a second term as senior partner, effective from July next year. Russ was first elected in 2019, having previously been head of the firm’s tax department, where she has been a partner for more than two decades. She has also helped shape the firm’s business strategy as a member of its partnership board and co-chaired the firm’s international board, as well as chairing its diversity and inclusion board and the firm’s audit committee.
TLT elects pensions lead as next senior partner
TLT has named Bristol- and London-based pensions partner Sasha Butterworth as its next senior partner, succeeding Andrew Glynn. Butterworth will begin her three-year term on 1 January 2023 at the end of Glynn’s sever-year tenure as senior partner, Glynn having been re-elected in 2019
Japan’s Dentsu Group Appoints Ex-New York Times, Honeywell Attorney As General Counsel
Tokyo-based advertising and public relations giant Dentsu Group has promoted Alison Zoellner to general counsel, effective in January. The post will give Zoellner responsibility for legal and compliance teams for 900 companies owned by Dentsu, which does business in 145 countries.
Jones Day Managing Partner Brogan to Step Down After 20 Years, Names DC Partner Shumaker as Successor
Stephen Brogan, who has served as the managing partner at Jones Day for two decades, announced Friday that he is stepping down at the end of 2022. He will be succeeded by Gregory M. Shumaker, who currently leads the firm’s global disputes practice. Brogan, one of the longest-serving leaders in the Am Law 100 and only the seventh managing partner in Jones Day’s 130-year history, has the power under the firm’s unique management structure to name his own successor.
Mergers & Alliances:
Australia’s Wotton + Kearney Acquires Melbourne Boutique Health Law Firm
Specialist insurance law firm Wotton + Kearney has acquired a Melbourne-based boutique health law firm and its four partners as it boosts its healthcare practice. Ball + Partners is a medical negligence and malpractice law firm. Partners Lara Larking, John Arranga, Andrew Smith and Russell Ball will be joining Wotton + Kearney. The acquisition bolsters Wotton + Kearney’s medical defense team, giving it 11 partners in the practice serving Australia and New Zealand.
Office Openings & Closing:
Sports boutique closes as founding duo depart
After six years as a boutique acting in top-level sports disputes, Solesbury Gay has decided to close after a change in career for its founders. The firm was founded by Tom Solesbury and Mark Gay back in 2016 to work on sports and employment law. The firm acted for several high-profile clients, including racing driver Sam Bird, the Force India Formula One Team, F1 Alpine’s team, UK Athletics and the English Football League. Tom Solesbury decided to move in-house to a UK Athletics, while Mark Gay has decided to take on a new role at Payne Hicks Beach.
Indian boutique Chandhiok & Mahajan builds pan-Indian presence with Hyderabad launch
Indian boutique Chandhiok & Mahajan builds pan-Indian presence with abad launch. Indian boutique Chandhiok & Mahajan (C&M) has opened an office in the southern city of Hyderabad as it moves to build its presence across the country. The Delhi-based firm, which has worked on deals including the $20bn mega-merger of chemicals giants Clariant and Huntsman, also has bases in Mumbai and the southern city of Bengaluru and said the launch would enable it to better meet client need across the country’s south.
Qatar Will Make Billions From the World Cup. Which Law Firms Could Benefit?
DLA Piper, Dentons, K&L Gates, Eversheds Sutherland and others have already taken on World-Cup related work, according to a Law.com International analysis. Qatar v Ecuador mightn’t be a clash of footballing giants, but Sunday’s fixture will signal the start of what many expect to be the highest grossing football world cup tournament of all time. The Qatar World Cup 2022 could generate “maybe $10 billion or more” for Qatar, a partner at an elite Middle East firm said, while Bloomberg has placed a more conservative $5.4 billion value on it. Either way, though dogged by controversy, the four-week competition will be a money spinner for the wealthy Gulf nation.
Norton Rose Fulbright increases net cash as firms brace for economic headwinds
Norton Rose Fulbright (NRF) has reported a 100 per cent rise in its net cash, according to its recent LLP accounts, putting it in a strong position to weather a potential period of economic challenges. Net cash leapt from £23m to £47m. Meanwhile revenue for its Europe, Middle East and Asia (EMEA) operations rose by 8 per cent from £488.6m to £527m in 2021/22, while net profit increased by 6 per cent from £146.9m to £156m.
Majority of small US firms optimistic about growth outlook, Thomson Reuters study finds
Small law firms in the US are more optimistic about their future growth prospects than they were at this point last year, according to a new report from Thomson Reuters Institute. Nearly six in 10 lawyers at small US firms said they expect growth over the next 12 months across areas including revenues per lawyer, billable hours and profits per lawyer, according to the 2022 Report on the State of US Small Law Firms. By contrast, fewer than half of lawyers in last year’s report thought billable hours or profits per lawyer would grow over the following 12 months.
Law’s Cost of Living Crunch
The cost of living is soaring. U.K. inflation is at a 41-year high. Chancellor Jeremy Hunt’s Autumn Statement made grim reading for many as the government attempts to balance the country’s books with tax rises and spending cuts. Several firms are reacting to the current economic situation by handing out cost of living bonuses to their lowest earners, which in most cases means trainees and business support professionals. This week Simmons & Simmons became the latest to do so, following the likes of Norton Rose Fulbright, Clifford Chance and Bird & Bird. The pay war for junior lawyers finally seems to have calmed down, but don’t be surprised if this becomes a new way of attracting and retaining talent at the lower-wage end.
Diversity & Inclusion:
“We’re not just environmental lawyers, we’re environmentalists”
When it comes to climate change mitigation, it is all words and very little action. Otherwise, we would not be on the “highway to climate hell”, as UN secretary general António Guterres proclaimed on the first day of COP27. Across all industries and countries, there is a reluctance to take the plunge and make the necessary changes to limit global warming by 1.5 degrees Celsius above pre-industrial levels. And law is no exception. Even those firms with net zero targets largely ignore the impact of the deals they facilitate. Slaughter and May being the latest firm scrutinised for its difficult moral choices.
New mentoring programme aims to supercharge senior leadership skills for women lawyers
Two founding partners of specialist London disputes boutique Edmonds Marshall McMahon have launched a project to help women legal professionals achieve greater business development results and career progression. The project, called Networking Nuance, has been set up by Kate McMahon and Tamlyn Edmonds specifically to address the under representation of women at the top of the profession. It follows a report published by the UK Government last year that found while the overall number of lawyers was fairly evenly split in terms of gender just 13.8% of female solicitors were partners compared to 31% of men.
Men’s Mental Health: We Must Strive To Be More Open
Ahead of International Men’s Day on November 19 one solicitor writes about the need for men to open up. He writes: “Mental health was something I was never really aware of growing up. I just thought all men knew exactly what they were doing all of the time and were just completely unaffected by anything that came their way. I wanted to be one of them men. For me, that meant showing no emotion at all. I was always the guy that never let anything phase me, moved relentlessly towards goals I had set for myself and was always there for other people. That was what people thought, but inside I was a mess. I didn’t talk about it because I didn’t know how to. I didn’t want to bother anybody else, and I was too used to masking my own emotions and feelings.”
Simmons Latest To Hand Out Cost Of Living Payment in UK
The firm said the payments were in “recognition of the challenging economic climate”. U.K. law firm Simmons & Simmons has become the latest firm to offer assistance to its people in light of economic pressures in the U.K. The firm will hand all its U.K. staff earning below £50,000 a one off cost of living payment of £1,500.
‘Attractivity’ and its Role in Law Firm Success
Brand attraction is more important than ever in the legal market amid underlying competitive market pressures. The word ‘attractivity’ might puzzle you. It’s best thought of as organisational charisma—the quality or degree of a law firm’s attractive power or influence. How compelling is its proposition to clients and the market? This extends to all the elements that attract partners and clients to one firm rather than another. Where a firm experiences problem with these elements, there will probably be similar underlying causes because the different strands contributing to a firm’s brand attraction connect.
UK & Ireland
Hogan Lovells London Corporate Heavyweight Exits For Vinson & Elkins
His move will go some way to rebuilding Vinson & Elkins’ London outpost, which has suffered several losses in recent months.
Former Top Lawyer at HSBC Joins Oracle as Legal Chief
Stuart Levey is taking the legal reins of the software giant, the latest step in a wide-ranging legal career that has included key government and private-sector roles.
Wilson Sonsini Snags Former European Commission Lawyer and Hong Kong Competition Official in Brussels
The Brussels base of the California-headquartered firm has hired an official who has worked for both the European Commission’s antitrust watchdog and Hong Kong’s competition authority.
Portuguese Law Firm Abreu Hits Rival for 4-Lawyer Finance Team
The team joins the firm amid a market shift from high-yield investment to infrastructure investments, the partner leading the move said.
Reed Smith Adds From Milbank in Singapore
Reed Smith has upped its Asia expansion in the past year, adding from Milbank in Singapore.
Mishcon’s Hong Kong Associate Firm Adds Two Lawyers To Ranks
Hong Kong law firm Karas, which operates in Hong Kong in association with U.K. firm Mishcon de Reya, has added two family dispute lawyers to its team.
Leech Tishman Adds New Delaware Counsel
Leech Tishman Fuscaldo & Lampl announced the addition of a new attorney to the firm: Jeffrey M. Carbino.
Former Kagan Clerk Tapped for DOJ’s Office of Legal Counsel
Zachary Schauf, a partner in Jenner & Block’s energy and Supreme Court and appellate practices, has been appointed deputy assistant attorney general in the U.S. Justice Department’s office of legal counsel.
Maybourne Hotel Group lands Virgin Atlantic hire for new GC
The Maybourne Hotel Group has hired Virgin Atlantic’s associate general counsel (GC) as its global group general counsel.
Promotions & Appointments:
Law Society of Ireland names Maura Derivan as its 152nd president
The Law Society of Ireland has named Maura Derivan as its 152nd president, but only the sixth woman to hold the role.
Mergers & Alliances:
BCLP has lost its identity
A raft of exits from BCLP in the UK raises questions about the cultural fit of its 2018 merger.
Dickson Minto will merge. Will it take the Edinburgh office with it?
Meetings between law firm leaders can be casual, just a polite meeting to chew the fat over a cup of coffee, or they can have a serious intent. Last month, when Dickson Minto’s de facto managing partner Jordan Simpson met with a delegation from New York’s Fried Frank, it was the latter. Make no mistake, the private equity boutique is in play.
Spain’s Cuatrecasas integrates with Portuguese firm SLCM in Lisbon
Top two Spanish firm Cuatrecasas has signed an integration agreement with Portuguese firm Serra Lopes, Cortes Martins & Associado (SLCM), with the Barcelona-based firm absorbing SLCM within its Lisbon office.
DWF enters Canada legal market through £27.7m deal to buy Vancouver law firm
Listed UK law firm DWF is expanding into the Canadian legal market through a tie-up with Vancouver independent Whitelaw Twining Law Corporation for £27.7m.
Office Openings & Closing:
Squires hires Pinsents partner for Dublin debut
Squire Patton Boggs is the latest firm to open an office in Dublin, hiring a Pinsent Masons partner to kickstart its operation.
Sometimes, you have to put the brakes on
About 20 years ago, the management at Vinge took a look at its global footprint. As well as its offices in Stockholm, Gothenburg, Malmö and Helsingborg, it was in Brussels, Hong Kong, London, Moscow, Paris and Shanghai. Vinge’s clients increasingly didn’t need Swedish lawyers in these financial hubs and so the decision was taken to wind down the international network. Today, only Brussels remains.
US Law Firm Leasing ‘Back on Course’ as Firm Leaders Refocus on Office Space
The Savills U.S. Law Firm Activity Report Q3 2022 shows law firm leasing in key markets was up during the third quarter, with Freshfields Bruckhaus Deringer and Kirkland & Ellis making the most sizable expansions.
Hinshaw & Culbertson Looks to Expand in South Fla. as Insurance Demand Swells
“A number of companies have moved down to Florida the past two years, and with that, you have a massive amount of business in Florida,” said Miami partner Pedro Hernandez.
It’s a terrible time to specialise in ECM
The ECM train has come off the rails. So far in 2022, 11 companies have debuted on the Alternative Investment Market (AIM), the same number to have listed in December 2021 alone. Unless there is a drastic change in sentiment, one imagines the run-up to Christmas will be far less fraught.
Majority of small US firms optimistic about growth outlook, Thomson Reuters study finds
Small law firms in the US are more optimistic about their future growth prospects than they were at this point last year, according to a new report from Thomson Reuters Institute.
The Law Firm Disrupted: Still Wrestling With the Future of the Office
Real estate might soon be firms’ third biggest expenditure, down from second. But that doesn’t mean that firms aren’t thinking hard about how to make the most of their spending.
Gunderson Associates Out of a Job After Dip in Billable Work
Two rounds of cuts affected about 30 associates this fall at Gunderson Dettmer, according to sources in contact with affected individuals, as demand falls for emerging companies and venture capital work.
Technology & Innovation:
UK Twitter staff seek out legal advice after Musk’s global job cuts
National firm Winckworth Sherwood is set to represent a group of UK Twitter employees, after new owner Elon Musk announced last week that 3,700 staff were to be laid off globally.
The future of data class actions: All eyes are on Mishcon and Quinn
This week marked a year since the Supreme Court’s decision in Lloyd v Google in which a multibillion-pound data protection claim brought against the tech giant was thrown out. The immediate aftermath saw a long pipeline of data claims dropped in a flash. But 12 months on and claimant firms are anticipating a bounce-back.
Diversity & Inclusion:
Slaughter and May’s Big Oil dilemma
By defending Shell in climate change litigation while promoting its Net Zero aspirations Slaughters is leaving itself wide open to greenwashing accusations.
Beltway Firms Champion Associate and New Partner Training
Beltway firms are touting their innovative training programs as a way to attract and retain talent, and shape the lawyers they need in a changing legal services market.
Can Lessons From Diversity Training Help Build Bridges?
Different kinds of training have been described as “diversity” training. But much of what the practice has been about is teaching participants to understand and appreciate one another’s differences—differences in experiences, values, aspirations and perspectives.
A Bar Association Tried to Put Minorities in Leadership Role
Superior Court Judge Joseph Rea said quota systems are not always unlawful under the New Jersey Law Against Discrimination but the bar association’s quota system is unlawful.
A&O has entered the apprenticeship game
It is the national and regional firms that have shown the strongest support for Trailblazer apprenticeships in recent years. With the cost of newly-qualified (NQ) lawyers rocketing, many smaller firms have valued the apprenticeship arena as a haven away from the recruiting maelstrom. It is seen as a healthy route by which to recruit lawyers who may never have considered a career in the profession, or those who simply didn’t want to carry the debt of a university education.
UK & Ireland
Senior arbitration talent departs Matrix Chambers for 3 Verulam Buildings in London
International arbitration specialist Professor Zachary Douglas KC has joined 3 Verulam Buildings (3VB) in London from Matrix Chambers, marking the latter’s second major silk exit since the start of last month.
A&O and CMS hire in-house talent as gunnercooke launches stateside
In the City, Anneliese Foster has re-joined Allen & Overy from Goldman Sachs, where she spent eight years as a managing director. CMS has also looked in-house for its most recent hire. The firm bolstered its financial services regulatory practice with the addition of Chris Glennie from the Bank of England, where he was senior legal counsel.
DLA Piper adds Africa-focused projects partner in London from Fasken
DLA Piper has added an Africa-focused projects partner in London from Canadian law firm Fasken. Karim Maalioun specialises in the energy and natural resources sector and brings more than 20 years of experience in projects across the Middle East and Africa. Before joining Fasken in 2018 he was a partner at Squire Patton Boggs in Paris and London and earlier was general counsel for EMEA at US oil and gas company ContourGlobal.
Reed Smith Strengthens London Office With Kirkland Partner
Reed Smith has bolstered its London base with addition of Kirkland & Ellis partner Romin Dabir. Dabir has spent the last four years as a partner in Kirkland & Ellis’ City outpost, according to his LinkedIn profile. He previously spent time as a lawyer at Macfarlanes and Freshfields Bruckhaus Deringer as well as a management consultant at EY.
Bank of England Lawyer Joins CMS As Partner
CMS has added a lawyer from the Bank of England. Chris Glennie has joined the firm as a partner in its financial services regulatory team. He was senior legal counsel & manager at the Bank of England. He has joined CMS as a partner having spent previous years at Travers Smith.
McDermott hires corporate partner duo from Reed Smith in Frankfurt
McDermott Will & Emery has hired a senior duo from Reed Smith to strengthen its German corporate coverage. Rolf Hünermann and Philip Schmidt both join the firm’s transactions practice group in Frankfurt as partners. They bring with them around three decades of combined experience advising clients on domestic and cross-border M&A, as well as matters related to corporate law, compliance and environmental, social and governance considerations such as supply chain issues.
King & Spalding Hires Tax Trio in Paris
The three-lawyer, partner-led team is part of a strategy to build out the firm’s M&A and private equity capabilities in the French capital.
White & Case Hires Norton Rose Antitrust Partner in Sydney
Global law firm White & Case LLP has expanded its Global Antitrust Practice with the addition of Belinda Harvey as a partner in Sydney.
Jingtian & Gongcheng Continues Domestic Expansion with Five New Partners
Jingtian & Gongcheng has added five new partners to its Shanghai, Beijing and Hangzhou offices.
Shihui Partners Adds Beijing IP Team of 30 including King & Wood Partner
Chinese law firm Shihui Partners has hired a team of over 30 intellectual property (IP) practitioners, including patent lawyers, and patent agents and process managers.
Clyde & Co Adds Singapore Duo from Addleshaw Goddard and RPC
Clyde & Co Adds Singapore Duo from Addleshaw Goddard and RPC Clyde & Co has added two lawyers in Singapore. It’s Singapore office now count 13 partners. Ton van den Bosch, who was a partner and head of Singapore at Addleshaw Goddard, will be joining Clyde & Co’s energy, marine and natural resources practice.
Proskauer Rose announces record promotions in New York-dominated round
US firm Proskauer Rose has promoted 33 lawyers in its largest ever round, with 25 making partnership and eight elevated to senior counsel roles. The promotions are spread across more than a dozen practices and include members from nine of the firm’s offices, mainly in the US.
Allen & Overy continues West Coast growth with private equity partner hire from Winston & Strawn
UK magic circle firm Allen & Overy has added a private equity partner in Los Angeles from Winston & Strawn as it continues its eye-catching push into the US market. Joshua Birenbaum advises clients on complex matters related to both public and private companies and across M&A, leveraged buyouts, joint ventures, strategic acquisitions and equity financings. His experience covers industries including technology, consumer products and services, manufacturing and healthcare.
Partner Moves in Salt Lake, Seattle Show ‘Massive’ Rise, While Nashville Fell Off
Partner moves in Salt Lake, Seattle show ‘massive’ rise, while Nashville fell off appetite for laterals in smaller U.S. cities has grown this year, including Salt Lake, where partner moves rose 234% in the first three quarters of the year.
Greenberg Traurig Swoops on McDermott For Corporate Partner Team
Greenberg Traurig has hired four corporate partners from U.S. rival McDermott Will & Emery bolstering its Israeli and New York operations.
Ex-Slaughters lawyer joins infrastructure PE firm as GC
Tom O’Neill has joined infrastructure investment firm Basalt Infrastructure Partners as its new general counsel. O’Neill trained as a solicitor at Slaughter and May, qualifying into corporate and M&A. He spent over six years at the firm before moving in-house to private equity business Pollen Street Capital, where he worked his way up to legal director over a further six-year period. Basalt Infrastructure Partners is an infrastructure equity investment firm focused on mid-market deals.
Promotions & Appointments:
Clifford Chance names new UK COO
UK magic circle law firm Clifford Chance (CC) has named the ex-chief of staff to former global managing partner Matthew Layton as its new UK COO, marking the latest in a series of leadership changes.
‘People are our biggest asset’: Linklaters’ incoming Paris head Maigrot outlines strategy
Linklaters has elected its head of real estate in France, Françoise Maigrot, as its new managing partner in Paris. Taking over from banking, energy and infrastructure head Bertrand Andriani, Maigrot will begin her four-year term on 1 January 2023.
Baker McKenzie names new Asia Pacific chair
Baker McKenzie has appointed Hong Kong-based IP partner Shih Yann Loo as its new Asia Pacific chair. Loo took up the new position on 21 October and succeeded Michael Wong, who has returned to his corporate and tax practice in the firm’s Taipei office at the conclusion of his two-year term.
Freshfields Refreshes International Arbitration Leaders
Freshfields Bruckhaus Deringer has refreshed the leadership of its international arbitration group. Noiana Marigo has been at Freshfields for over 20 years.
Mergers & Alliances:
Child & Child acquired by ex-Ince CEO in pre-pack deal
The former chief of The Ince Group has bought London firm Child & Child. It was revealed in late July that Adrian Biles would be stepping down as Ince’s CEO, having led on the reverse takeover of Ince & Co by Gordon Dadds in 2018. Since his departure in September, Biles has now set his sights on a new venture, buying Child & Child in a pre-pack deal funded from his own resources. Biles took control of the firm yesterday, with the announcement being made to the firm in the morning. It is understood that his father John Biles, the former finance head of Ince, and brother Robert, an ex-Ince partner, will also be joining.
Perkins Coie acquires New York start-up advisory boutique Kluk Farber Law
US firm Perkins Coie has acquired start-up-focused New York boutique Kluk Farber Law as it seeks to expand its emerging companies practice. The deal adds 12 lawyers and six business professionals, including partners Agatha Kluk, Sonia Farber and Eitan Hoenig. They will lead Perkins Coie’s emerging companies and venture capital practice and will be based in the firm’s new start-up and emerging companies centre in New York’s Flatiron District. The Kluk Farber team regularly advise start-up and high-growth companies on corporate strategy, venture capital investments and exits.
DWF Acquires Leading Canadian Firm
Billed as the ‘next step’ in the firm’s North America strategy, the acquisition will give the firm offices in Vancouver and Calgary, as well as 16 partners and more than 200 people in total.
Office Openings & Closing:
WFW kickstarts search for new City premises
Watson Farley & Williams, which has been based in its London home for three decades, is the latest firm to have secured the services of a real estate consultancy to help it find new space. The firm, based on Appold Street behind Liverpool Street station, has sought out the advice of Squarebrook. WFW occupies 80,119 sq ft in its London HQ at a cost of £5.8m over 2021/22
Kennedys shuts up shop in Bangkok after reviewing Thai business
UK law firm Kennedys has shuttered its Bangkok office following a review into its Thailand business, leaving it with two offices in the Southeast Asia region.
Charles Russell Speechlys Aiming For 2023 Singapore Office Launch
Charles Russell Speechlys is set to join the throngs of international outfits opening offices in Singapore. Singapore continues to attract law firms with a private wealth focus.
City associates offered partner-style pay in Boies recruitment drive
Boies Schiller is giving UK associates the option of either partner-style “formula compensation” or standard salaries to recruit and retain new talent, The Lawyer can reveal. Each City associate at Boies Schiller can now choose whether to receive a standard market competitive annual salary or instead be paid a percentage of the number hours they have worked that year.
Dentons Aims to Double Revenue in Australia Within 5 Years
The Australia arm of global law firm Dentons is planning to double its revenue within the next five years, largely through aggressive lateral partner hiring, hiring, according to Doug Stipanicev, the firm’s Australia chair and Australasia region CEO.
Technology & Innovation:
Louisiana Judge Schlegel, Founder of an ‘Online Court,’ Explains Why Zoom Doesn’t Cut It
Already experienced in creating virtual court processes, with the assistance of the LASC Tech Commission & IT Louisiana Judge Scott U. Schlegel’s latest program seeks to improve upon Zoom.
Work Better: What happened when Cornerstone asked Osborne Clarke for tech help
Mobile infrastructure company Cornerstone tasked Osborne Clarke (OC) to create a bespoke system to support their business with managing and reporting on legal instructions. The firm had senior sponsorship of the project from both sides, with head of legal and compliance Phil Warren leading at Cornerstone, and property disputes partner Leona Briggs and property partner Dolf Darnton sponsoring the project at OC.
Diversity & Inclusion:
Baker McKenzie breaks up UAE alliance following homophobic tweets
Baker McKenzie in September announced that it is ‘parting ways’ with Dr Habib Al Mulla, name partner of member firm Habib Al Mulla & Partners, following a series of anti-gay Twitter comments. Confirming that the ‘separation process is underway’, the firm said in a statement that it ‘strongly believes that however much we may disagree with the beliefs and personal views of others, we must find ways to disagree respectfully, encourage inclusive dialogue and to ensure an inclusive work environment for all.’
Pro Bono Work Dipped at Largest Law Firms in UK Amid Transactional Boom
The number of pro bono hours undertaken by the largest firms in the U.K. dipped in the last financial year.
Rising Nationalism and Protectionism Force International Dealmakers to Read Politicians and Regulators
Governments in Latin America, Europe and Asia are implementing formal FDI policies or informally blocking deals for politically motivated reasons.
Harry Potter star Emma Watson urges men to step up in gender equality push
Harry Potter actress Emma Watson added a touch of stardom to the IBA Diversity and Inclusion Council’s session on gender diversity in the legal profession at the IBA conference in Miami on Tuesday. Addressing a standing-room-only audience, Watson – together with her father CMS Cameron McKenna partner Chris Watson, the council’s co-chair – was part of a distinguished panel including IBA president-elect Almudena Arpón de Mendí of Madrid firm Gomez Acebo & Pompo Abogados and chaired by the IBA’s Sara Carnegie.
Associates – a clever move can lead to promotion
Last year, a key talking point about Latham & Watkins’ promotions was that members of the London cohort were the first to progress from trainee to partner since the establishment of its City graduate programme in 2007. This year, however, the takeaway is different. While over half of the nine-strong intake in 2021 were homegrown, there were just two lawyers, or 20 per cent, made up this year who were born and bred Latham (Katie Peek in M&A and Ben Wright in banking).
Diversity Lab certifies more than 40 in-house teams for D&I efforts
More than 40 in-house legal departments including HP, Ford, PayPal and Pfizer have earned the Diversity Lab’s Mansfield Certification, underscoring their commitment to the Lab’s NFL-inspired diversity rule.
Reed Smith Offers Solicitor Qualification Route in Middle East
The new academy, which offers a route to qualifying as a solicitor in England & Wales, comes amid the rise of major institutions such as the DIFC, which often use English law.
COP 27: Your Net Zero Strategy Says a Lot About You as a Firm
Clients and job seekers are starting to interrogate firms as they become more familiar with the ins and outs of target-setting. When advising clients on climate-related issues, there’s an unfortunate void when it comes to having clear industry standards on setting net zero and other “green” targets. This is a problem for many reasons, not least the risk that companies will either inadvertently or knowingly make bold claims that fall short of what scientists and global authorities deem sufficient.
Ukrainian Legal Developments:
Ukraine Prosecutor General and US Ambassador Weigh Possible Civil Damages Against Russia
“Now what we can be doing is making a registry of claims, so that those claims are preserved, they’re documented and they’re available for when there is a pot of money that can go to recognizing and executing upon those claims,” said Dr. Beth Van Schaack, U.S. Ambassador-at-Large for Global Criminal Justice.
UK & Ireland
Paul Hastings doubles down on debt finance with team raid on Weil
Paul Hastings hired a finance capital markets duo from Weil Gotshal & Manges, despite the recent slowdown in deals activity in the market. Partner Patrick Bright, who heads Weil’s European high yield team, and partner Alexander Horstmann-Caines are leaving the firm to bolster Paul Hastings’ finance practice.
Gibson Dunn lands outgoing European Court of Human Rights president in London
Gibson Dunn & Crutcher hired European Court of Human Rights (ECHR) president Judge Robert Spano, whose term at the court ends this month. Spano will join the US firm in London as of counsel at the start of January, where his practice will focus on advising clients on multi-national disputes related to digital rights, public international law and investor-state arbitration as well as matters related to business and human rights, environmental, social and governance and government affairs and public policy.
Gibson Dunn swipes Shearman & Sterling corporate partner in Middle East
Shearman & Sterling took a hit in the Middle East through the exit of one of its corporate practice heads to Gibson Dunn. Marwan Elaraby has left the firm after more than nine years in Dubai, where he led the office. Elaraby previously served as a managing director at Citadel Capital (now Qalaa Holdings) and as an executive director at EFG Hermes Investment Banking.
Allen & Overy boosts Italian litigation practice with partner hire from Delfino Willkie
Allen & Overy hired disputes lawyer Francesca Petronio from Delfino Willkie Farr & Gallagher to strengthen its commercial litigation practice in Italy. Petronio joins as a partner in the magic circle firm’s Milan office, bringing with her more than two decades of experience in domestic and international litigation and arbitration cases. She has a focus on bankruptcy and commercial disputes and expertise in proceedings related to investigations, white-collar crime, administrative liability and compliance.
Cuatrecasas Adds to Madrid, Barcelona Ranks With 6 Hires
Spanish law firm Cuatrecasas hired several partners and associates across its Madrid and Barcelona offices in insurance, real estate and white collar crime, as the outfit continues to strengthen its domestic bases.
Japanese Firm Nozomi Sogo Brings on First Ever Foreign Partner
Nozomi Sogo Attorneys At Law hired the president of European Business Council in Japan as the Tokyo-based firm’s first foreign partner. Swiss-qualified Michael Mroczek, who previously spent a nearly ten-year stint as the first foreign law partner at Okuno & Partners, specializes in international dispute resolution.
Yoon & Yang Takes Veteran Aviation Partner From Lee & Ko, Adds Two Others to Practice
The Big Six Korean law firm added three lawyers including a veteran partner from rival firm Lee & Ko to its aviation practice. Hye Kyung Helen Sohn, who spent 27 years at Lee & Ko, will join Yoon & Yang’s corporate advisory and finance practice group as a senior foreign attorney.
Katten targets advertising sector with hire of senior IP litigation partner from Crowell & Moring
Katten Muchin Rosenmann hired advertising litigator Christopher Cole from Crowell & Moring to strengthen its IP department and help it build a full-service advertising practice. Cole joins as a partner and chair of Katten’s advertising, marketing and promotions practice group in Washington DC. His practice focuses on advertising, unfair competition, brand disparagement, reputation and IP matters, with extensive experience in litigating Lanham Act and consumer class action cases.
Perkins Coie hires former DOJ lawyer to boost Washington commercial litigation practice
Perkins Coie hired former US Department of Justice lawyer Michael Huston to co-chair its appeals, issues and strategy practice.Huston joins as a partner in Washington DC, bringing with him more than a decade of appellate and litigation experience in government and private practice.
Akin Gump targets Boston launch with twin partner hire from local firm
Akin Gump Strauss Hauer & Feld made its first hires in Boston ahead of a planned office launch in the city. Partners Tim Becker and Wells Miller have joined the firm’s tax practice from Boston-based Choate Hall & Stewart and bring extensive experience advising funds clients.
Greenberg Traurig Recruits Latin America Partner for Brazil Work
Global law firm Greenberg Traurig, LLP expanded its Corporate Practice with the addition of Shareholder Steven Sandretto, whose practice focuses on cross-border transactions in Brazil and throughout Latin America.
Holland & Knight Lands Former Head of Colombia’s National Copyright Directorate
Holland & Knight recruited a former director from Colombia’s National Copyright Directorate, continuing its moves to bulk up its expertise in various practice areas in the country.
Cozen O’Connor Presses On With Canadian Expansion, Hiring Veteran Litigator
Cozen O’Connor continues its Canadian growth drive with the hiring of Michael Osborne as chair of a new antitrust practice.
Promotions & Appointments:
Dechert Replaces Hong Kong Head 10 Months After Predecessor Left
Dechert appointed its next Hong Kong managing partner 10 months after the former office leader left the firm. Asia head and global co-head of white collar, compliance and investigations at Dechert Maria Sit has been appointed to the role, replacing David Cho who left the firm in January.
HSF Appoints Global TMT Co-Heads As It Zones In On New Strategy
Law Firms Herbert Smith Freehills appointed global co-heads of its technology, media and telecoms sector, with one of the appointments based in its Singapore office for the first time. Their appointment follows the launch of the firm’s new strategy, Ambition 2025. As part of that strategy the firm is strengthening to advise current and future tech companies and building on the opportunities created by both established and growth technology companies.
DLA Piper and Pinsent Masons Refresh German Leadership
DLA Piper and Pinsent Masons refreshed their German leadership as they look to the future of their continental Europe bases. DLA Piper appointed two co-country managing partners in Germany, Kai Bodenstedt and Martin Haller, effective November 1.
Latham’s partner promotions prove litigators are on the rise
Latham & Watkins promoted 44 associates to partner, with 10 elevated in London. Effective from January 2023, this is a virtually identical story to last year, which saw 44 members jump to partnership globally and nine promoted to partner in London.
Jones Day elevates 45 to partner in latest US-dominated promotions round
Jones Day promoted 45 lawyers to partner in its latest round, a slight drop on the 48 who made the grade last year. Women made up 22 of the promotions, or 49% of the overall cohort, up from 44% last year. US promotions dominated, with 80% of this year’s intake working across its domestic network, 16% in Europe and 4% in Asia. The lawyers will assume their new roles at the start of next year.
Pinsent Masons names new head of Germany
Pinsent Masons appointed a new head of Germany to replace Rainer Kreifels, who has been in the role since 2015. Partner Thomas Peschke took over the head role from 1 October 2022, overseeing the firm’s three German offices in Düsseldorf, Frankfurt and Munich.
Linklaters refreshes Paris office with new head
Linklaters replaced its Paris office managing partner with its French head of real estate Françoise Maigrot who will take over from January for a four-year term. Maigrot succeeds partner Bertrand Andriani, who’s been in post for three years and leads the firm’s financing, energy and infrastructure team in Paris, as well as the Francophone Africa group.
Mergers & Alliances:
Mayer Brown lands JV with Singaporean firm
Mayer Brown established a formal joint law venture (JLV) with Singapore firm PK Wong & Nair. The JLV will be known as Mayer Brown PK Wong & Nair and will offer clients services on international and Singapore law. Mayer Brown first set up in Singapore in 2011 and has since grown to 25 lawyers, including 13 partners.
Office Openings & Closing:
New Private Equity Boutique Law Firm Launches in Paris
A new private equity-focused law firm opened in Paris, the latest in a stream of boutique launches in the French capital seeking to capitalize on a busy sector of the legal market. Duroc Partners opens with nine lawyers, including two partners: Erwan Bordet and Alexandre Dejardin.
Littler bolts on Zurich boutique to enter Swiss market
US Employment and labour law specialist Littler Mendelson entered the Swiss market through the acquisition of a practice in Zurich. The office will operate under the name Littler | LEL Lawyers and will be led by LEL founder Dr Ueli Sommer, who has joined Littler as a partner. Earlier he practised for more than 20 years at Swiss firm Walder Wyss.
Goodwin Procter Set To Double London Space With St Paul’s Move
Goodwin Procter is planning a London office move that will double its space in the city, as more law firms hone in on new bases in the U.K. capital. The firm has been eyeing an office move since earlier this year, after several years of major expansion in London.
Macau Law Firm Launches in Portugal to Target China-Related Deals
Macau firm, MdME Lawyers, launched an office in Lisbon, Portugal, aiming to target work relating to investments from Portugal into China.
Spanish heavyweight Pérez-Llorca to open in Singapore as its targets Asia-Pacific growth
Pérez-Llorca is set to open an office in Singapore in the first quarter of 2023, becoming what it claims is the first Spanish law firm to have a base in the Asian city state. Pérez-Llorca said it will use the office as a hub from which it will develop its strategy across the Asia-Pacific region. The launch will also see the firm make good on its plan have a physical presence in the global financial capitals of New York, London and Singapore as well as in Europe’s regulatory capital of Brussels.
‘A Painful Period’: Big Law’s High-Yield Bond, Leveraged Finance Practices Take Hit
A slow deal period and market instability have seen banks write down over $1 billion in loans through the second fiscal quarter of 2022. “From a practice standpoint, it is a painful period, but it is temporary,” said Jonathan Schaffzin, corporate partner, and executive committee member of Cahill Gordon & Reindel.
Linklaters Cuts Cash Reserves Again, LLPs Show
Linklaters cut its cash position for the second consecutive year; its latest LLP accounts show. According to its consolidated cashflow statement for the financial year to April 2022, the firm’s cash and cash equivalents are down 19% to £180.3 million. That follows a 39% decrease the previous year.
Technology & Innovation:
4 Ways a Recession May Affect Firms’ Tech Stacks
As the legal industry prepares for a potential recession in 2023, experts are seeing those concerns reflected in law firms’ tech stacks and procurement decisions. While some tools are in danger of being snubbed in a tough economy, other products might be embraced further for their durability and malleable nature.
Diversity & Inclusion:
Mishcon knuckles down on sustainability with pro bono and ESG case tracker
Mishcon de Reya introduced a new case management system that allows lawyers to better record and track pro bono and ESG-focused work. In the same way that fee earners are required to fill out money laundering and client conflict questionnaires when opening new matters, Mishcon lawyers must now answer mandatory data-capturing questions to measure the impact of work relating to its sustainability business, Mishcon Purpose.
Black judges to be under-represented until 2149, says Law Society of England and Wales
It will take more than 125 years for the judiciary in England and Wales to reflect the proportion of women, Black and Asian people in the wider population at the current rate of progress, according to analysis from the Law Society. With the proportion of Black judges barely growing over the past eight years from 1.02% to 1.09%, the society found it will take until 2149 for their representation to match current estimates for the general population (3.5%). Although the proportion of women judges and those of Asian ethnicity is increasing more quickly, the report found they are also ‘being held back by the glacial progress of diversity on the bench.’
European employers mull reducing pandemic remote working options, study finds
Almost a third of European employers are requiring workers to be in the office full-time as pandemic-era remote working programmes are increasingly wound down, according to Littler’s annual European employer survey. Some 30% of employers are demanding staff work fully in-person, while 27% have introduced hybrid schemes that expect employees to work more days in the office than at home, the data showed. As many as 73% of organisations that don’t already require workers to be in the office full-time are considering reducing the amount of days employees can work remotely.
Slaughter and May Tells Lawyers No Need To Check Emails Between 10PM And 8AM
Magic Circle law firm Slaughter and May has launched a new ‘Working Practices Code’ with the aim of rectifying “unnecessary incursions” into their lawyers’ downtime. Among the new policies are allowing those on video calls to turn off their cameras between the hours of 8pm and 8am and setting limits on the times when emails should be checked.
Why Do We Ignore Partner Mental Health in Big Law?
The preliminary conclusion is that the legal industry still has a long way to go when discussing matters relating to anxiety and mental health.
CEOs Are Starting to Hit Brakes on ESG to Weather Expected Recession
The environmental, social and governance programs that many legal departments have been ramping up could take a hit as companies put resources elsewhere, according to a new survey by KPMG.
UK & Ireland
Kirkland & Ellis hires London M&A partner from Clifford Chance in latest European infrastructure push
Kirkland & Ellis hired M&A specialist Toby Parkinson from Clifford Chance to boost its infrastructure transactions coverage in Europe. Parkinson was co-head of Clifford Chance’s global infrastructure group and now joins Kirkland in London as a partner and will co-lead the firm’s expansion in the European energy and infrastructure sector. Parkinson’s practice focuses on domestic and cross-border infrastructure, energy and renewables deals.
Meta associate GC among five partners joining DWF
UK law firm DWF added five partners in one week to its corporate, dispute resolution and finance & restructuring teams across the UK and in Saudi Arabia, including an associate general counsel from Facebook owner Meta.
Norton Rose Fulbright completes double partner hire from Gide and Pinsent Masons in Paris
Norton Rose Fulbright made a twin partner hire from Gide Loyrette Nouel and Pinsent Masons to further expand its Paris office. The duo comprise real estate finance partner Kamel Ben Salah, who joins from Gide, and M&A partner Pierre François, who joins from Pinsent Masons. Salah takes up residence in the firm’s banking and finance practice, where he will focus predominantly on real estate asset finance, corporate finance and project finance.
Gide Loyrette Nouel adds seven-strong team in Paris from Shearman & Sterling
Leading French law firm Gide Loyrette Nouel added a pair of partners and their team from Shearman & Sterling in Paris to set up a new employee shareholding practice. The team is led by the head of Shearman’s European governance and benefits team, Sami Toutounji, alongside newly-minted partner Françoise Even.
De Brauw Veteran Partner Leaves for Loyens & Loeff
Dutch firm Loyens & Loeff hired long-time partner and civil law notary Mark Rebergen from De Brauw Blackstone Westbroek’s Amsterdam practice.
HFW Adds Disputes Partner to Hong Kong Office
Joining from Hong Kong law firm Tanner De Witt is disputes lawyer Kevin Warburton. Kevin’s practice spans international arbitration, commercial litigation, regulatory investigations and inquiries, and privacy/cyber. The firm now counts 55 lawyers in the city, including 20 partners.
Clayton Utz Disputes Lawyer Leaves for Thomson Geer in Sydney
Thomson Geer welcomed Jack Fan to its construction team in Sydney as its newest partner. He joins from Clayton Utz, where he previously served as a special counsel. Fan has significant experience in complex disputes involving the construction, engineering, energy and infrastructure sectors.
Willkie Farr & Gallagher hires trio of real estate partners from Munger Tolles in LA
Willkie Farr & Gallagher hired a trio of senior real estate lawyers from Munger Tolles & Olson to add further experience to its recently launched Los Angeles office. The team includes Misty Sanford, Karen Lorang and Aimee Contreras-Camua, all joining as partners in the firm’s real estate department, with Sanford becoming chair of its West Coast real estate practice.
Freshfields Hires Longtime Weil Gotshal Leveraged Finance Partner in New York
Allison Liff, a leveraged finance partner at Weil, Gotshal & Manges for almost a decade, left to join Freshfields Bruckhaus Deringer as a partner in New York, the firm announced. Prior to joining Weil in 2013, she spent six years at Goldman Sachs, where she led the bank’s leveraged finance legal team in the United States.
BCLP London Partner Takes In-House Role At Google
Partner Sarah Klein announced that she us set to join Google in the role of senior legal counsel. Klein will focus on investigation and strategy at Google, as well as Alphabet’s regulatory response. Prior to this she has spent nearly two years at Bryan Cave Leighton Paisner and before that was a partner at Kirkland & Ellis.
Siemens Litigator to Lead Germany’s Top Arbitration Institution
Germany’s top arbitration body, the German Arbitration Institute (DIS), hired its next secretary general from Siemens Energy. Starting her term on January 1, 2023, litigation specialist Ramona Schardt will head up the institute following a 13-year in-house career at the German energy giant working in international litigation, arbitration and dispute resolution, according to the Institute’s statement. She has been Siemens’ division litigation counsel for the past three years.
Promotions & Appointments:
Osborne Clarke elects new UK leader as Berg stands down
Osborne Clarke’s UK managing partner Ray Berg is passing on the reins after two terms in charge. Berg will be replaced by Conrad Davies, who will take up the post from January next year. As the firm’s international head of the urban dynamics group, Davies specialises in corporate real estate advice, which has seen him work with clients on the rapid changes taking place in modern cities and towns.
Paul Hastings ushers in new London and global leadership
Paul Hastings appointed Ross Anderson and Mei Lian as the two new co-chairs of the firm’s London office. Lian is a corporate and restructuring partner who joined Paul Hastings in May 2020. She previously spent 19 years at Shearman & Sterling. Finance partner Anderson meanwhile joined Paul Hastings in July 2022 as part of the group move from Latham & Watkins. He previously spent more than 12 years at Latham and three years at White and Case.
HSF disputes partner elected as president of the Law Society of Western Australia
A commercial disputes partner at Herbert Smith Freehills, Ante Golem, was elected unopposed as the Law Society of Western Australia’s president for 2023. Golem, who was first elected to that Law Society’s council in 2018, was the senior vice president for 2022. He is head of the HSF’s Perth disputes team, with a focus on disputes in the construction, engineering, mining, energy and resources and infrastructure sectors, all of which are key industries in the state.
Reed Smith names M&A lawyer as new Frankfurt managing partner in latest German shake-up
Reed Smith made more changes to its German management team by appointing corporate lawyer Octávio de Sousa as its new Frankfurt office managing partner, replacing Rolf Hünermann who has departed for McDermott Will & Emery. De Sousa joined the firm in 2015 from Willkie Farr & Gallagher as one of the founding partners of Reed Smith’s Frankfurt office alongside Hünermann. The Frankfurt leadership change follows the appointment of commercial disputes lawyer Daja Apetz-Dreier as the firm’s Munich office managing partner back in April, taking over from fellow disputes lawyer Oliver Rathje.
Mergers & Alliances:
BDB Pitmans and Womble Bond Dickinson in merger talks
BDB Pitmans and Womble Bond Dickinson are in merger discussions in a tie-up that would create a £440m revenue firm. BDB Pitmans is the product of a 2018 merger between Bircham Dyson Bell and Pitmans, which also acquired City-based Portrait Solicitors in April 2022. Similarly, Womble Bond Dickinson is also no stranger to mergers; legacy Bond Dickinson tied up with Womble Carlyle Sandridge & Rice in 2017 to create the latest transatlantic firm.
Over 40 BLM partners to take legal director roles at Clydes
Clyde & Co is nearing the end of its consultation process with BLM’s partnership, with some members moving onto a new salaried tier and others taking on legal director roles.
Mori Hamada Breaks into Indonesia with Domestic Firm Alliance
Big Four Japanese firm Mori Hamada & Matsumoto entered into a strategic business alliance with Indonesian law firm ATD Law, paving the way for the planned opening of its first office in Indonesia at the beginning of next year.
Office Openings & Closing:
Brown Rudnick shutters Paris office after nine years
US law firm Brown Rudnick closed its office in Paris. The Boston-based firm shuttered the office last month having launched in the French capital at the end of 2013 with the hire of partner Sébastien Bonnard from French firm Lacourte Raquin Tatar alongside a team of associates and trainees. The firm said at the time that the office would boost its arbitration strength and connect its English and French civil and common law offerings to its broader focus on US litigation.
Leading US class action lawyer sets sights on UK with Manchester law firm opening
The founder of a leading US claimant class action law firm is opening a new firm in the UK. Mark Lanier, founder of Texas-based Lanier Law Firm, is setting up the new firm – Lanier Longstaff Hedar & Roberts (LLHR) – in Manchester to target group legal actions such as pharmaceutical claims, product liability and competition liability.
Gowling hires seven-strong team for Leeds launch
Gowling WLG hired a team of real estate lawyers from Womble Bond Dickinson’s (WBD) Leeds office to kickstart the firm’s entry into the city. Seven lawyers have been hired by Gowling to bolster the firm’s housing development and regeneration (HDR) practice and better serve its national and northern-based residential development, social provider and regeneration clients. Julia Dacre Field will be joining the firm as a partner. She will lead the team and will work with national head of HDR Ashley Mitchell and senior HDR partner Richard Bate. Kathryn Wood and James Lawson will join as legal directors, and Mark Owen has been appointed as of counsel. They will be joined by Patrick Jackson and Emma Speight as principal associates and Liam Turner as senior associate.
Clifford Chance Lines Up New London HQ, Set to Leave Canary Wharf
The firm’s shift west to the City after two decades in Canary Wharf. The redevelopment is taking place over the old City Place House site at 55 Basinghall Street, the former location of Cleary Gottlieb Steen & Hamilton.
Davis Polk to Close Paris Office by End of 2022
Davis Polk & Wardwell LLP will close its Paris office at the end of the year to prioritize its British and American operations. The office, which opened in 1962 and was the firm’s first outpost outside the U.S., today counts five lawyers, including one partner, who are all being outplaced, the firm said.
New Dentons Compliance and Investigations Unit Aims at Traversing Legal and Non-Legal Services
To address the dramatically changing and increasingly complex web of criminal and regulatory laws governing multinational corporations, Dentons launched a new Global Compliance and Investigations offering (“GCI”). GCI brings together a team with nearly a decade of experience, providing clients with local insight into culture and law, backed by the global experience and breadth of expertise of the world’s largest law firm. This newly launched Global Compliance and Investigations group will work with the firm’s Global Advisors to provide linked-up services beyond the traditional legal services offering.
Fragomen Opens Office in Geneva as Global Growth Strategy Kicks In
Fragomen announced that it opened an office in Geneva, Switzerland, its second in the country and the firm’s ninth European office which will be led by Partner Timo Heck and supported by Europe Managing Partner George Koureas. Together with the firm’s global talent network, this office will further enable the firm to effectively assist both current and new clients across Switzerland’s 26 Cantons and their specific immigration processes. The firm is looking to open three more offices by the end of the year, according to its newly named co-chairs.
Top 100 UK firms see average fee income grow over past financial year, study finds
The top 100 UK law firms saw fee income grow by 9% on average over the past financial year, though many firms are bracing for a tougher period ahead, according to PwC’s annual Law Firm Survey. The survey showed that top 10 firms saw a double-digit rise in fee income, clocking in at 10.2% – more than double the 4.5% fee income growth they had forecast.
Technology & Innovation:
The importance of quickly finding relevant, contextual information from multiple information systems
Sean Wilson explains how SimSage’s AI-powered search platform can instantly find crucial information. The amount of data being captured and held within businesses globally is growing at unprecedented rates, with analysts suggesting data growth in companies now easily exceeds 30% per month. The additional complexity means even small law firms now use many types of systems to capture and store their information, including email; Sharepoint; Google docs; iManage and many others. As data volumes grow, many of these systems require users to spend time tagging information to make it easier to find it later. SimSage is a company that specialises in helping organisations of all types and sizes globally with managing these issues, with rapidly increasing engagement at present with the legal, insurance, health, and finance sectors.
Diversity & Inclusion:
Firms including DLA Piper, Linklaters back study into lack of black partners in the UK
Five of the world’s biggest law firms have contributed to a new study looking into the underrepresentation of black lawyers holding senior positions in the UK. DLA Piper, Herbert Smith Freehills, Hogan Lovells, Latham & Watkins and Linklaters supported ‘The 1% Study’, which examines why there is a lack of black partners in UK law firms and outlines steps to improve representation at partnership level.
Travers Latest Firm to Introduce Menopause Policy
Travers Smith is the latest law firm to support employees experiencing menopause, with others, including Freshfields and Linklaters, having done the same. Menopause policies are gaining in popularity at law firms and other organizations as awareness rises about the need to protect women experiencing such health difficulties.
Dechert, DLA Piper Take On Displaced Afghan Lawyers In UK
The Displaced Legal Talent Initiative (DLTI) was launched at the PILnet Global Forum in Dublin this week by the charity Talent Beyond Boundaries (TBB) working with Dechert and DLA Piper to support law firms to hire displaced legal professionals. It is a global organization that matches skilled refugees with employers. The initiative, which aims to secure skilled worker visas for Afghan lawyers, is looking for five more firms to join the ‘Spring/Summer 2023 cohort’.
Ukrainian Legal Developments:
‘The Test of Our Times’: Former US Ambassador to Ukraine Warns Against Turning Blind Eye to Putin, Disinformation
Marie Yovanovitch told an audience at the Women, Influence & Power in Law conference of the behind-the-scenes events leading up to her removal as ambassador and the power of disinformation campaigns.
UK & Ireland
Dentons continues to build in Dublin with hire of William Fry’s debt capital markets head
Dentons hired banking and finance partner Matthew Cahill from William Fry as it continues to build up the Dublin office it launched in 2020. Cahill joins as a partner, bringing with him more than three decades of financial services advisory experience. His practice focuses on structured finance, securitisation, capital markets and derivative transactions, as well as general banking matters.
Freshfields hires leading environmental consultant to head client sustainability offering
Freshfields Bruckhaus Deringer hired environmental consultant Jake Reynolds from the University of Cambridge as its new head of client sustainability and environment. Reynolds, who was executive director at the university’s Institute for Sustainability Leadership, will be responsible for driving the magic circle firm’s global sustainability client offering across five key areas – energy transition, human rights, corporate governance, climate change and sustainable finance.
Squire Patton Boggs hires data privacy and cyber team from Steptoe in Brussels
Squire Patton Boggs hired a team of privacy and cyber lawyers from Steptoe & Johnson in Brussels to expand its data privacy, cybersecurity and digital assets practice group. The team is led by partner Charles-Albert Helleputte, who comes onboard as the firm’s new head of its EU data and cybersecurity practice and will split his time between Brussels and Paris. He is joined by Brussels and Milan-based counsel Diletta De Cicco and two associates who work in Brussels and London.
Jones Day Paris Litigator Leaves for Dentons
Dentons reached into Jones Day for a new member of its Paris-based litigation team, according to firm’s leadership. The lawyer joined Jones Day in May 2021 from Gide Loyrette Nouel as part of a five-lawyer team hire.
Covington Hires Baker McKenzie Brussels Competition Partner
Covington & Burling hired a competition partner from Baker McKenzie for its Brussels antitrust practice. Sibel Yilmaz, a Swedish national, joined Baker McKenzie’s Brussels office as a partner in April of 2021.
Latham & Watkins Lawyer Rejoins Firm as Partner After 4-Year EU Commission Stint
Latham & Watkins announced that Christos Malamataris has re-joined the firm’s Brussels office as partner in the Antitrust & Competition Practice. Malamataris joins from the European Commission’s Director General for Competition, where most recently he served as an official focused on merger control, policy and strategy, and new merger-related legislation. The move continues a trend of EU competition officials jumping ship to join (or rejoin) elite law firms.
Han Kun Hires Shanghai Partners After Deloitte Legal’s China Closure
Two former Deloitte Legal partners joined the Shanghai office of China’s Han Kun Law Offices. Partners Weiheng Jia and Cody Chen, who were previously partners at Deloitte’s now defunct legal China affiliate Qin Li Law Firm, are corporate lawyers who specialise in multiple practice areas, notably cross-border M&A and corporate regulatory compliance.
Dentons’ Sydney Office Head Jumps to Australia’s Gadens
Australian law firm Gadens hired Dentons’ Sydney office head, who was also its real estate leader in Australia. Sally Tuckfield joins the national firm as partner in its real estate and construction group in Sydney.
Morgan Lewis adds highly-rated global aviation finance team from K&L Gates
Morgan Lewis & Bockius added an eight-strong aviation finance team in London, Dubai and Singapore from K&L Gates. Partners Sidanth Rajagopal, James Bradley and Manuela Krach are joining the firm alongside counsel Sourabh Bhattacharya and Terry Chang and three associates. The team focuses on complex cross border financing, leasing, and restructuring issues in the aviation industry and represents industry players including financial institutions, lessors, restructuring specialists and airlines.
A&O Adds Goodwin Funds Partner to Los Angeles Office
Allen & Overy hired an investment funds partner from Goodwin Procter to join its Los Angeles office. Zeeshan Ahmedani has joined the firm as a partner in A&O’s Global Funds practice.
Ex-White & Case partner joins new real estate lender
A new real estate lending business hired a former White & Case partner as its new general counsel. Emma Parr moved to Birchwood Real Estate Capital, a London-based lender backed by Connecticut’s WR Berkley. Parr joins from Get Living, a rental management company, where she was also its general counsel for over a year. Prior to this, she was a partner in the corporate and PE practice of White & Case for five years.
London Kirkland Partner Exits For General Counsel Role At Private Equity Client
A London Kirkland & Ellis partner is leaving the US law firm’s London office to join UK private equity firm TDR Capital. London partner David Holdsworth is set to join private equity fund TDR Capital as its general counsel.
Promotions & Appointments
DLA names new London managing partner
DLA Piper appointed media and IP litigation partner Ruth Hoy as London managing partner for a three-year term. Hoy, who has led the UK intellectual property group since 2012, will succeed Tom Heylen who has been in the role for six years.
Verizon appoints chief legal officer as former GC steps up to lead new services business
Verizon created a new chief legal officer role as part of a broader shake up of its operations that sees previous general counsel Craig Silliman promoted to lead the company’s new services business.
Mergers & Alliances
Mishcon lawyers gain access to two more UK cities with merger
Mishcon de Reya’s lawyers will be able to use Taylor Vinters’ office in the City of London, plus two regional bases, once the merger launches next year. Taylor Vinters’ offices will be available in Oxford and Cambridge.
Morrison Foerster absorbs ‘stellar’ Californian litigation boutique Durie Tangri
Morrison Foerster (MoFo) is teaming up with Californian litigation boutique Durie Tangri and its team of 36 lawyers, strengthening MoFo’s West Coast intellectual property offering. The incoming team comprises 12 partners, including Durie Tangri’s founders Daralyn Durie, Ragesh Tangri, Mark Lemley and Joseph Gratz. In addition to its IP expertise, the firm’s practice also focuses on civil litigation, professional liability, white-collar crime and investigations, contract and commercial disputes and class actions.
Dentons announces ‘historic’ combination with India’s Link Legal
Dentons announced a combination with India’s Link Legal, in a move the BigLaw player says marks the first time an international law firm has combined with a law firm in India.
Japanese Firms City-Yuwa and Soga Law Merge to Expand China Offering
City-Yuwa Partners expanded the firm’s China practice and overseas listing service offering by merging with boutique China-focused Soga Law Office.
Office Openings & Closing
Goodwin is going long on Singapore finance
US firm Goodwin Procter announced that it was launching an office in Singapore. It announced the relocation of two partners from its Hong Kong office to kickstart the operation. Investment funds partner Greg Barclay will chair the office with private equity partner Abhishek Krishnan joining him, while Barclays’s colleague in the funds team and partner Elyn Xing will split her time between Singapore and Hong Kong.
Clyde & Co hires insurance quartet from McLennan Ross to launch in Calgary
Clyde & Co hired four insurance partners from McLennan Ross to open a Calgary office, its fourth location in Canada.The quartet include Don Dear KC, Alexis Moulton, Jeff Weidman and Cynthia Aoki, bringing with them a wealth of experience across a range of litigation and disputes areas, such as class actions, product and professional liability claims, property claims and commercial insurance defence.
Orrick energy team spins out to launch sustainability boutique in Italy
A team of 21 energy and infrastructure lawyers left Orrick Herrington & Sutcliffe to launch a new sustainability-focused boutique in Italy. The new practice, known as Green Horse, will be led by Carlo Montella and Andrea Gentili, both of whom were partners at Orrick. Newly minted partners Francesca Isgrò, Celeste Mellone and Maria Teresa and a trio of counsel have also moved over alongside a team of 13 associates.
The mid-tier are beating the magic circle for international growth
The mid-tier firms are powering growth outside the UK. The country’s top firms have seen revenues rise by 20 per cent since 2020. According to the latest HSBC Investment and Growth Strategies in Law Firms report non-UK growth is a top priority for 61 per cent of respondents which already have international offices. However, it is the mid-tier firms leading the charge for international growth. The data provides compelling evidence as to why: even with the UK boom of the last two years, growth overseas is outstripping growth at home.
Baker McKenzie Growth Slows, With Flat Profits After Bumper Previous Year
Baker McKenzie’s global financial profits growth slowed after last year’s huge up-tick, according to revenue figures for the fiscal year ending June 30, 2022. After a significant profit rise of 36.7% last year to $1.24 billion, that figure has stayed flat since then.
Diversity & Inclusion
Women and Diversity in Law Awards unveils 300-strong list of nominees
More than 300 individuals, businesses, legal teams and not-for-profit groups are unveiled today as nominees for the inaugural Women and Diversity in Law Awards. The awards will serve as a showcase for people working within the UK legal sector who are dedicating their professional careers to moving the DE&I needle or using their positions of influence to help facilitate change.
Law Society of England & Wales elects first Asian and Muslim president
Lubna Shuja has become the first Asian and first Muslim president of the Law Society of England & Wales. Shuja, a sole practitioner from Birmingham-based Legal Swan, specialises in professional regulation and disciplinary law. She has acted as deputy clerk to the Solicitors Disciplinary Tribunal and in various leadership roles on conduct committees for accountants, social workers, healthcare professionals and chiropractors. She also acts as mediator in civil, family, probate and commercial disputes.
UK & Ireland
King & Spalding secures Dickson Minto private equity partner in London amid Europe growth push
King & Spalding added a private equity partner in London from highly rated corporate law boutique Dickson Minto as part of a wider European transactional growth push. Paul Barron joined K&S’s corporate, finance and investment practice group after almost 20 years at Dickson Minto. He advises on a range of corporate finance matters, with a focus on private equity and M&A transactions.
Charles Russell Speechlys adds disputes partner in Switzerland from local boutique
Top 35 UK law firm Charles Russell Speechlys added disputes partner Simon Hofstetter in Zurich from local law firm MBH Attorneys at Law. Hofstetter is a Swiss qualified lawyer and brings more than 15 years’ experience in domestic and international commercial litigation, asset recovery and bankruptcy proceedings as well as Swiss corporate law.
DLA Piper Expands Dubai IP Bench with Partner
Global law firm DLA Piper appointed Saba Al Sultani as a Partner in its Intellectual Property and Technology group, based in Dubai. The hire comes amid an expanding digital universe in the Middle East and North Africa.
Clyde & Co Hires Away Al Tamimi Lawyer for Middle East Advocacy Unit Launch
Clyde & Co hired a partner, Patrick Dillon-Malone, in Dubai to lead a new advocacy unit in the Middle East and Africa. The hire underscores Clydes’ Middle East push and its focus on expanding its advocacy portfolio.
White & Case Launches Madrid Litigation Practice with Ex-Linklaters Partner
White & Case established a new commercial litigation practice in Madrid, hiring a former longtime Linklaters partner for the launch. Litigator Francisco Málaga joins the firm having left Linklaters in July after a 13-year term.
Withers Hires Corporate Partner in Tokyo; Launches Tokyo-Based M&A Team
International law firm Withers continues to build on its range of legal offerings in Tokyo with the appointment of corporate partner Kazumitsu Goto. The ability to offer corporate advice out of Tokyo will allow Withers to provide more investment-related advice and also cater to a wider spectrum of clients across Asia, Europe and the U.S., firm business division CEO Jeremy Wakeham said.
Allen & Overy adds Hogan Lovells partner in Perth to co-lead global mining practice
Allen & Overy hired a partner from transatlantic rival Hogan Lovells in Perth to co-lead its mining practice. Matthew Johnson is set to join the UK Magic Circle firm after six years at Hogan Lovells, where he is currently global head of mining and a partner in the firm’s corporate practice
Linklaters and Slaughters add Hong Kong partners from US and Magic Circle rivals
Slaughter and May and Linklaters hired a partner apiece in Hong Kong from US firm Debevoise & Plimpton and UK Magic Circle rival Allen & Overy respectively. Ralph Sellar will join Slaughters as a disputes partner 1 November. Meanwhile, Linklaters added Richard Woodworth to its restructuring and insolvency practice in Hong Kong from Magic Circle rival Allen & Overy.
Jones Day Hires IP Partner from Clayton Utz in Melbourne
Jones Day hired an intellectual property partner from Australian corporate firm Clayton Utz to join its Melbourne office. Richard Hoad, a lawyer at Clayton Utz for 21 years, became partner in 2012, gaining expertise in the full breadth of IP work. The Melbourne office underlined the importance of its IP practice earlier this year when it made IP lawyer Lisa Taliadoros its partner-in-charge.
Morgan Lewis Adds Singapore Disputes Partner from Local Set
Continuing to expand its global litigation and arbitration capabilities, Pardeep Khosa joins Morgan, Lewis & Bockius as a partner and Morgan Lewis Stamford as a director, resident in the Singapore office. Pardeep has a broad practice covering commercial litigation and international arbitration, and corporate crime and investigations. The hire follows the addition of a tax litigator, as international firms build their presence in the island country.
Pinsent Masons Hires Sydney Corporate Partner from PwC
Multinational law firm Pinsent Masons hired corporate energy and technology partner Joni Henry in Sydney, Australia. Joni is a highly experienced corporate and commercial lawyer advising public and private complex M&A, joint ventures, high net worth advisory work and corporate governance with particular focus on the energy, technology, science, and industry sectors. The hire comes after the firm revamped its Asia Pacific management last year.
Nagashima Ohno Hires First Singapore-Qualified Disputes Partner for Southeast Asia
Japanese Big Four firm Nagashima Ohno & Tsunematsu hired its first Singapore-qualified contentious practice partner as it seeks to boost its dispute resolution capability in Southeast Asia.
Dentons Continues Australian Expansion With Hiring of Compliance Partner
Christopher Niesche International firm Dentons hired compliance partner Toby Blyth from Australian firm Colin Biggers & Paisley as it builds out its regulatory and compliance practice. Blyth, who is based in Sydney, specializes in compliance, with a particular focus on the insurance sector.
Reed Smith Hires Third Partner in Greater China in Two Months, Adding Beijing Lawyer From PwC
Reed Smith brought on its third new partner for Asia in less than two months. Corporate lawyer and tech specialist Barbara Li joined Reed Smith in Beijing. She was previously a PwC partner and former head of corporate at the now defunct Rui Bai Law Firm.
Willkie rehires high-profile US bankruptcy judge Shelley Chapman in New York
Willkie Farr & Gallagher rehired US bankruptcy judge Shelley Chapman to lead its new alternative dispute resolution (ADR) practice in New York. Chapman rejoins the firm as senior counsel after a 12-year hiatus serving as bankruptcy judge for the Southern District of New York.
Mayer Brown Boosts Brussels Competition Team with Partner Hire
Mayer Brown announced that Dr. Andrea Pomana joined the Firm as a partner in its Antitrust & Competition practice in Brussels. She joins from Advant Beiten, in Frankfurt, where she was a partner.
Clifford Chance Adds Fried Frank Partner In New York
Clifford Chance bolstered its U.S. offering with the addition of another partner in New York. Joining from U.S. headquartered Fried, Frank, Harris, Shriver & Jacobson, derivatives, and structured finance partner Darren Littlejohn will strengthen the firm’s U.S. structured finance team.
Ex-Allen & Overy Managing Partner Joins UK Government Investment Vehicle
Former Allen & Overy managing partner Andrew Ballheimer joined the U.K. Government’s investment vehicle as a non-executive director. Andrew Ballheimer will help advise on the U.K. Government’s investment portfolio, which includes interests in companies including NatWest, The Post Office and Channel 4.
Legal Tech Company Taps London Lawyer as First GC
Legal tech company SirionLabs has tapped London-based attorney Evangelos Apostolou to lead the company’s legal department as its first-ever general counsel.
Promotions & Appointments:
Partner promotions: Kirkland makes up 26 in London
Kirkland & Ellis promoted 193 lawyers to partner worldwide, with London the third most popular jurisdiction after two of the firm’s largest US offices. Non-US promotions took place in London, Munich, Hong Kong, Beijing, and Shanghai. London accounted for 26 promotions in total, coming behind Chicago and New York.
White & Case elevates 10 to partner in the City
White & Case promoted 46 lawyers to partner globally, with 10 London lawyers making the grade. The double-digit partner cohort in London is larger than last year’s, when eight were added. Overall, the total number of promotions is smaller than 2021, when White & Case elevated 59 lawyers in total.
Frasers Group appoints new head of legal
British retail giant Frasers Group – which owns several famous names including House of Fraser, Jack Wills and Sports Direct – has hired a new head of legal. Emma Reid has been promoted to the role, after spending four years as the company’s senior legal counsel.
SoftBank Investment Advisers promotes ex-Linklaters lawyer to GC
SoftBank Investment Advisers (SBIA) appointed a new general counsel to replace Spencer Collins, who left to join Arm this year. Amanda Sanchez-Barry has been promoted to general counsel at SBIA, having been a partner within the company since 2018.
City quartet make the cut in Covington promotions
Four lawyers have been promoted to partner in Covington & Burling’s London office, while 10 more have made the cut across the US.
DLA Piper Replaces Bob Bishop as Global Corporate Co-chair
DLA Piper appointed Germany-based partner Dr Benjamin Parameswaran as new Global Co-Chair for the Corporate practice succeeding London-based partner Bob Bishop, who is stepping away from this position on 31 October 2022 after eight highly successful years in this role.
Office Openings & Closing:
Hogan Lovells to close Perth office
Hogan Lovells is to close down its Perth office following a review of its Australia operations. The office was opened in 2015 alongside a Sydney base when the transatlantic firm launched in Australia with the hire of two partners from Linklaters’ Australia ally Allens. News of the move follows the hire earlier today by Allen & Overy of Hogan Lovells’ global head of mining Matthew Johnson, who was based in Perth
Ashurst launches UK risk advisory business
Anglo Australian law firm Ashurst added two new partners as it plans to expand its global consulting business by opening a risk advisory unit in the UK.
Goodwin launches in Singapore, promotes 58 to partner
Top 20 US law firm Goodwin Procter opened doors in Singapore and promoted 58 lawyers to partner in its largest round to date. The new office is Goodwin’s second location in Asia after Hong Kong and is intended to serve clients raising, deploying and lending capital in the region and globally, the firm said.
Freshfields Picks Bratislava For Latest Support Office
Freshfields Bruckhaus Deringer is launching another support office to its global network-this time in Bratislava. The new base in the Slovakian capital will house finance and controlling staff and will exist alongside with and coordinate with the firm’s flagship operational hub in Manchester, according to a person at the firm.
Australian Firm Pioneers Employee Share Scheme to Give Associates Stake in Business
Australian firm pioneers Employee Share Scheme to give associates stake in business. Johnson Winter & Slattery is incentivizing lawyers with a share plan as it aims to raise its profile.
Ince Director To Pay Nearly £500K For Firm’s Gibraltar Business
UK-listed law firm Ince continues to clean house amid financial and operational upheaval by selling its Gibraltar business. The firm has disposed of its Gibraltar business as it restructures several offices globally. Earlier in October, Ince said in an update to the London Stock Exchange that it had agreed to sell its Gibraltar business to the base’s directors for £490,000.
Technology & Innovation:
Inhouse Legal Tech Use In Japan: Gradual Change – Artificial Lawyer
Despite being one of the largest economies and home to numerous global corporations, legal innovation in Japan remains limited. Although we have seen some great points of light, such as the NLP-driven doc analysis startup Legal Force, a survey by Epiq Global presents a picture of gradual change and limited tech adoption.
Diversity & Inclusion:
Gender balance at Australia’s top court tips in favour of women for first time
The High Court of Australia – the nation’s apex court – announced the appointment of a new woman judge, tipping the gender balance of the bench in favour of women for the first time.
Linklaters Latest to Credit Diversity Work in Billable Hours Globally
Linklaters LLP said week that it will implement a new policy next month to recognize attorneys’ diversity, equity and inclusion efforts by giving them billable hour credit and performance bonuses.
In Stay-Go Calculus, Women and Lawyers of Colour Value Culture
More than two-thirds of women and lawyers of colour said a better work-life balance is very or extremely important for them in deciding whether to switch jobs. Remote work opportunities are the trending topic, but lawyers’ perceptions of culture—factors such as work/life balance, collaboration, increased compensation, and quality of work—still register high on the list of what matters when deciding whether to switch jobs, particularly for women and people of colour.