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  • March 22, 2007 |

    Mayer Brown targets £1m PEP in the City

    Mayer Brown Rowe & Maw has finalised a new strategy for its London office intended to bump its profits per partner (PEP) to between £800,000 and £1m within the next three years.The transatlantic firm's London PEP currently stands at around £650,000 - behind many of its UK rivals but ahead of the firm-wide average of $1m (£543,000).

    1 minute read

  • March 22, 2007 |

    Norton Rose bolsters banking in Frankfurt

    Norton Rose has strengthened its Frankfurt office with the hire of Mayer Brown Rowe & Maw banking associate Caroline Herkstroeter as a partner. Herkstroeter, who specialises in regulatory and investment law, becomes the UK firm's eighth partner in its German banking group, which is spread between Frankfurt and Munich offices. This is the latest move by Norton Rose to strengthen its German banking and finance capabilities and follows the firm taking on White & Case Frankfurt banking partner Stephen Hodgson.

    1 minute read

  • March 15, 2007 |

    Dickinson Dees boosts environment team

    Dickinson Dees has appointed a new head of its environmental and safety law team after the hire of Michael Hutchinson from Mayer Brown Rowe & Maw. Hutchinson will join the northeast giant's Newcastle hub as a partner on 19 March. He was previously a consultant at Mayer Brown.

    1 minute read

  • March 14, 2007 |

    Kaplan LPC marketing blitz sidelines Nottingham

    The success of Nottingham Law School's much-hyped London launch has been questioned after it emerged that its joint venture partner - US education giant Kaplan - is leaving the law school out of some of its marketing. Kaplan's latest marketing materials refer to the joint venture as Kaplan Law School, referring to Nottingham only as the course provider. Some current marketing targeted at the legal profession, including the Kaplan Three Peaks Challenge charity event, make no reference to Nottingham at all.

    1 minute read

  • March 14, 2007 |

    Deals: Property 15/03/2007

    Mayer Brown Rowe & Maw has advised global energy advisory firm Tristone Capital on the acquisition of a lease for its new European headquarters at 77 Grosvenor Street, London, for an undisclosed sum. Real estate partner James Dodsworth led the team advising Tristone, which took the lease from Norwich Union Life & Pensions, which was represented in-house.

    1 minute read

  • March 8, 2007 | International Edition

    Cadwalader City chief Wilkinson quits for Goldman

    Cadwalader Wickersham & Taft is set to lose its London managing partner after high-profile restructuring partner Andrew Wilkinson quit to join client Goldman Sachs. Wilkinson is expected to join the bank later this summer as co-head of restructuring alongside Lachlan Edwards.

    1 minute read

  • March 8, 2007 |

    Cadwalader City chief Wilkinson quits for Goldman

    Cadwalader Wickersham & Taft is set to lose its London managing partner after high-profile restructuring partner Andrew Wilkinson quit to join client Goldman Sachs. Wilkinson is expected to join the bank later this summer as co-head of restructuring alongside Lachlan Edwards.

    1 minute read

  • March 7, 2007 |

    Mayer Brown London office avoids brunt of 45-partner de-equitisation

    Mayer Brown Rowe & Maw's London arm looks set to come away largely unscathed from the firm's restructuring, in which 45 partners will be axed from its equity - equivalent to around 10% of its equity partnership. The firm, which announced the cuts last week as part of a drive to boost profits, will remove 42 US partners from its equity partnership, with only three further cuts coming elsewhere. This means the 104-partner London office is unlikely to see many departures.

    1 minute read

  • March 7, 2007 | International Edition

    Commentary: US City results: for whom the bellwether tolls

    If there is one theme emerging from the figures for US firms' London outposts in 2006, it is just how divergent this amorphous group has become - particularly the more established players. On paper, 2006 should have been a great year: markets booming, M&A activity up and UK firms of all sizes mostly announcing record results.

    1 minute read

  • March 7, 2007 |

    Commentary: US City results: for whom the bellwether tolls

    If there is one theme emerging from the figures for US firms' London outposts in 2006, it is just how divergent this amorphous group has become - particularly the more established players. On paper, 2006 should have been a great year: markets booming, M&A activity up and UK firms of all sizes mostly announcing record results.

    1 minute read