• February 14, 2007 |

    Cleary breaks $2m PEP but posts modest turnover rise

    Cleary Gottlieb Steen & Hamilton has broken the $2m profits per equity partner (PEP) mark as the New York leader becomes the latest US firm to unveil its 2006 figures.

    1 minute read

  • February 7, 2007 |

    Double hire strengthens MoFo's Asian practice

    West Coast firm Morrison & Foerster (MoFo) has strengthened its Asian practice with the hire of two lawyers from US rivals. Cleary Gottlieb Steen & Hamilton corporate finance associate Edward Li and Paul Weiss Rifkind Wharton & Garrison counsel Marcia Ellis both join as partners. MoFo has 150 lawyers housed in its five Asian offices.

    1 minute read

  • February 7, 2007 |

    Paul Weiss bucks US trend with modest results

    Paul Weiss Rifkind Wharton & Garrison has unveiled its financial results for 2006, with the Manhattan outfit posting modest rises in both turnover and profits despite the boom in transactional work in the US. The firm announced a 6% rise in revenues to reach a mark of $594m (£302m), with profits per equity partner (PEP) up just 1% to $2.5m (£1.3m).

    1 minute read

  • January 31, 2007 |

    Deals: M&A 01/02/2007

    Osborne Clarke corporate partner Jonathan King has advised communications software company Ubiquity Software Corporation on its £76m takeover by telecoms network company Avaya. Simmons & Simmons corporate partner Alistair Bird advised Avaya.

    1 minute read

  • January 25, 2007 |

    More NY firms match pay rises

    A broad spread of top US firms have jumped on the New York bandwagon to raise starting lawyer salaries to the newly-established benchmark of $160,000 (£81,000).Fried Frank Harris Shriver & Jacobson, Cleary Gottlieb Steen & Hamilton and Milbank Tweed Hadley & McCloy have become the latest to follow suit, while Skadden Arps Slate Meagher & Flom is also understood to have matched the rate.

    1 minute read

  • January 24, 2007 |

    New York rivals rush to match Simpson salaries

    A clutch of leading Manhattan firms, including Sullivan & Cromwell, have moved to match competitor salary rates in New York as a new US pay war gathers momentum.

    1 minute read

  • December 13, 2006 | International Edition

    O'Melveny promotes first UK lawyers to partnership

    By Georgina Stanley

    1 minute read

  • December 4, 2006 |

    Independent Law Firms In Europe: Take Off

    International firms are muscling in on Turkish territory - even before EU expansion. Lindsey Phillips reports

    1 minute read

  • November 20, 2006 |

    Wall St rivals strike gold with latest mining merger

    By James Illman

    1 minute read