UK & Ireland
Five partners have quit Shearman & Sterling as the firm prepares for a possible merger with Hogan Lovells.
Insurance expansion is continuing at Clyde & Co as the firm has recruited a product liability team from rival DWF.
A partner from Kirkland & Ellis’s London office is set to leave the firm for an in-house legal position at GLP Capital Partners.
The festive season has not deterred firms from making significant lateral moves, with disputes, restructuring, competition and tax among the areas targeted for strategic growth among global players.
Deloitte Legal has hired a four-partner team from UK law firm Shoosmiths to establish a new real estate legal business in the UK.
Fieldfisher has secured an arbitration specialist from Omnia Strategy in London as it looks to build on an ongoing project to establish a leading international practice.
DLA Piper has secured the head of DWF’s Scottish commercial litigation team.
After a seven-person departure, Taylor English’s plans for its consulting group are not publicly clear. The group represents companies in government strategies and lobbying.
Goodwin Procter has kicked off a redundancy round that is to affect fee-earners, paralegals and other business services staff in its US offices.
Gibson Dunn & Crutcher has added a seven-strong team from Shearman & Sterling including a trio of partners to launch in Abu Dhabi.
Top 40 US law firm K&L Gates has hired a trio of senior asset management and investment funds (AMIF) lawyers from rival firms to launch its ninth European office, in Dublin.
Linklaters has boosted its dispute resolution offering internationally with a partner hire apiece for its Spanish office and Chinese partner firm.
Promotions & Appointments:
Holland & Knight announced that 52 attorneys, 33 associates and 19 senior counsel from across the firm’s offices have been elected to partnership effective Jan. 1, two of which are from the firm’s Philadelphia office: associate Eric Yoon and senior counsel Cory Thomas.
Downey Brand, unlike many law firms, is no stranger to a leadership transition. The 96-year-old Sacramento firm estimates that it has had some 15 managing partners, though its litigation leader Janlynn ‘Jan’ Robinson Fleener will be its first female managing partner.
Atlanta-based Am Law 100 law firm Alston & Bird has increased the size of its partner promotions. The firm this week said it has elected 23 attorneys to partnership, including seven in Atlanta, effective Jan. 1.
Hogan Lovells has promoted 38 of its lawyers to partner globally, with six of those lawyers based in London.
Pallas Partners has taken advantage of its alternative business structure (ABS) to appoint its first non-lawyer, chief administrative officer Linda Penfold, to the partnership.
While traditional law firm leaders have to date largely scoffed at the progress made by the Big Four, today’s (20 December) news of KPMG appointing a Magic Circle corporate veteran as its new UK legal head will have turned heads.
HFW has re-elected managing partner Jeremy Shebson for a second four-year term, effective 1 April 2023.
London lawyers have been promoted to partner at firms including Milbank Tweed Hadley & McCloy and Akin Gump Strauss Hauer & Feld.
The transactions team has dominated Morrison Foerster’s 2023 partner promotions round that saw 18 lawyers made up across the US, Europe and Asia.Top 40 US law firm K&L Gates has hired a trio of senior asset management and investment funds (AMIF) lawyers from rival firms to launch its ninth European office, in Dublin.
Specialist disputes firm Hausfeld has made up three partners – two in London and another in Washington DC – as it targets competition, commercial and human rights work.
Mergers & Alliances:
Hogan Lovells and Shearman & Sterling have issued statements outlining their search for “opportunities” amid widespread speculation that they are in merger talks.
Buffalo-based business law firm Lippes Mathias finalized a combination earlier this month with Cleveland-based intellectual property firm Fay Sharpe, tripling the former firm’s head count of intellectual property counsel.
Alabama-based Maynard Cooper & Gale and Carolinas-based Nexsen Pruet said Thursday that they are merging, creating a 550-lawyer law firm operating out of 23 offices in the U.S.
The combination with Larsson & Scheuritzel helps Clark Hill meet a strategic goal of expanding its real estate team working in the Northeast, adding a total of four lawyers in the region.
Holland & Knight has been demonstrating an appetite for expansion in recent years. This latest move follows a 2021 merger with Texas-based Thompson & Knight.
Despite layoffs that hit Silicon Valley lawyers in 2022, several firm leaders at California’s Am Law Second Hundred and regional firms have had little to say about layoffs. In the context of lawyer headcount, they’ve mostly talked about opportunities rather than challenges.
Law firms in the Golden State are taking a conservative approach to 2023, though several firm leaders at California’s Am Law Second Hundred and regional firms anticipate growth opportunities in environmental, health care and real estate practice areas.
BLM’s annual profits significantly decreased prior to its merger with insurance rival Clyde & Co last year, new financial records show.
The latest rankings capture the firms handling the highly prized—and lucrative—work of serving as the M&A lawyer to merging or acquired companies.
Milbank’s finance practice has been a major contributor to its recent growth
Technology & Innovation:
As the regulatory framework of privacy and cybersecurity evolves, along with new challenges of a tough labor market, the industry is likely to rely on legal automation solutions even more in 2023.
Diversity & Inclusion:
Doneene Keemer Damon—immediate past president and a director of Richards, Layton & Finger—is to serve as the law firm’s chief diversity director, effective immediately.
Despite a drive to promote diversity in law firms, there is still one conversation being pushed aside: how the legal industry can better include people of faith.
Lawyers at Paul Hastings, Ashurst and Latham & Watkins are among the shortlist for this year’s Women, Influence & Power in Law (WIPL) U.K. Awards.