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  • August 1, 2013 |

    DLA stretches global rankings lead as mergers reshape legal hierarchy

    DLA Piper continued to expand its global business at a greater rate than the magic circle last year, according to Legal Week's global rankings, which account for revenues generated across both UK and international profit centres. Combined revenues for DLA's international and US partnerships grew by 9.9% to £1.54bn for 2012, 50.7% of which came from the international partnership, which includes UK revenues. Global lawyer headcount grew 13.9%, while partner numbers fell 2.7%. The results consolidate the firm's status at the pinnacle of the global revenue rankings for UK firms, ahead of second-placed Clifford Chance, which recorded a 2.5% fall in revenue to £1.27bn.

    1 minute read

  • August 1, 2013 |

    A longer road? New partners offer career advice to frustrated associates

    The top 30 law firms made up fewer partners this year, while there was a worrying dip in the number of women promoted at the magic circle. James Boxell, Anna Reynolds and Alex Newman spoke to new partners to seek their advice for frustrated associates, both female and male...

    1 minute read

  • July 26, 2013 |

    MoFo lands two Norton Rose veteran dealmakers

    Norton Rose Fulbright has lost high-profile dealmakers Jake Robson and Adam Summerly to Morrison & Foerster (MoFo) in Singapore. Robson and Summerly, who have been based in the city-state for eight and 14 years have been brought in to support increasing demand from MoFo's clients for work based in and out of South and Southeast Asia. The English-qualified Robson focuses on M&A, private equity, cross-border investment and joint venture work throughout Asia, as well as capital markets transactions in public securities offerings in the region.

    1 minute read

  • July 25, 2013 |

    Norton Rose Fulbright and Mayer Brown lead as China insurer buys Lloyd's building

    Norton Rose Fulbright and Mayer Brown have taken the lead roles on Commerz Real's high-profile sale of London's iconic Lloyd's building to Chinese insurance giant Ping An. The One Lime Street landmark, the headquarters of insurance market Lloyd's of London, has been sold for £260m in a deal that closed earlier this month. Norton Rose Fulbright's real estate practice advised a fund managed by longstanding client Commerz Real on all legal aspects of the sale, with a team led by City real estate partner David Hawkins. Frankfurt partner Oliver Sutter provided support on German law matters.

    1 minute read

  • July 25, 2013 |

    Dentons sets ambitious post-merger strategy to ramp up partner profits

    Dentons has set out ambitious plans to ramp up profits per equity partner (PEP) across the UK, Middle East and Africa (UKMEA) following the three-way merger that created the firm earlier this year. The firm, formed this March by the combination of SNR Denton, Salans and Canada's Fraser Milner Casgrain, has laid out a three-year strategy to increase profitability in the UKMEA region, with lateral hires forming a key part of the growth plans. UKMEA chief executive officer Matthew Jones (pictured) denied that a specific target for PEP had been set; however, several partners told Legal Week that the firm was aiming for UKMEA PEP to reach that of firms such as Norton Rose Fulbright and DLA Piper (£477,000 and £596,000 in 2011-12 respectively), with other sources citing targets as high as £850,000.

    1 minute read

  • July 23, 2013 |

    Credit Agricole kicks off review of external legal advisers

    Credit Agricole is conducting a review of its external legal advisers, with all firms previously appointed to the French bank's panel asked to re-pitch for a place. Clifford Chance (CC), Freshfields Bruckhaus Deringer, Ashurst, Hogan Lovells, Linklaters, Gide Loyrette Nouel, Norton Rose Fulbright and Baker & McKenzie are all understood to be re-applying for places on the bank's global roster.

    1 minute read

  • July 16, 2013 |

    Two firms appointed to Crown Estate energy and infra roster after tender

    Bond Dickinson and Norton Rose Fulbright have been appointed to the Crown Estate's slimmed down energy and infrastructure panel. The appointments to the new panel, which run until April 2016, follow a competitive tender process. The former line-up included legacy Bond Pearce and legacy Norton Rose, both of which have since gone through mergers to form Bond Dickinson and Norton Rose Fulbright respectively.

    1 minute read

  • July 16, 2013 |

    Norton Rose Fulbright turns to CMS for City private equity partner hire

    Norton Rose Fulbright has bulked up its City corporate and M&A team with the hire of CMS Cameron McKenna partner Richard Bull. Bull, who was made up as a corporate partner at CMS in 2009, acts primarily for private equity clients, sponsors, portfolio companies and management teams, with particular experience in the financial services and technology sectors.

    1 minute read

  • July 15, 2013 |

    Eight-partner Norton Rose Fulbright Dubai team leaves for Baker Botts

    Baker Botts has sealed the hire of a 14-lawyer team from Norton Rose Fulbright in the Middle East, including eight legacy Fulbright & Jaworski partners. The team, which made up the bulk of legacy Fulbright's operation in Dubai's Festival City, includes corporate partner John Lonsberg, who helped to establish Fulbright's presence in the Middle East when he joined the firm in 2005.

    1 minute read

  • July 11, 2013 |

    Links, Travers and Shoosmiths come out top in associate satisfaction poll

    Linklaters and Norton Rose Fulbright have been rated as the law firms that associates at rivals would most like to work for, according to new research by Legal Week. Legal Week Intelligence's flagship Employee Satisfaction Report (ESR) this year found the pair ranked ahead of Slaughter and May, Allen & Overy (A&O) and Pinsent Masons as the five most popular firms to work for, as rated by peers at rival law firms. Norton Rose, A&O and Slaughters have been in the top five for the last three years of the survey, while Pinsents and Linklaters are new entrants this year, replacing Berwin Leighton Paisner and Clyde & Co.

    1 minute read