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  • July 10, 2008 | International Edition

    Magic circle trio break into profits top 10 as City firms move up Global 100

    Profits per equity partner (PEP) at top US law firms still narrowly exceed key UK rivals - despite the significant increases the magic circle have achieved in turnover and profitability in recent years. Figures compiled by Legal Week and The American Lawyer show that just three UK firms make it into the global top 10 by PEP - Slaughter and May, Linklaters and Freshfields Bruckhaus Deringer. In contrast, seven US firms make the grade - headed by elite firm Wachtell Lipton Rosen & Katz.

    1 minute read

  • July 9, 2008 |

    In-house Lawyer: The power of straight talking

    Richard Wiseman is well on his way to becoming an institution as far as inhouse lawyers are concerned. After all, very few corporate counsel have been in the job as long as the straight-talking Royal Dutch Shell lawyer.

    1 minute read

  • July 4, 2008 |

    Bakers signs up 22-strong PwC team in Russia

    Baker & McKenzie has received a significant boost for its Russian practice with the addition of a 22-lawyer team. The team, which includes three partners, comes from the legal department of global accountancy giant PricewaterhouseCoopers.

    1 minute read

  • July 3, 2008 |

    Dewey ups pay - but Bakers and O'Melveny stick

    Dewey & LeBoeuf, O'Melveny & Myers and Baker & McKenzie have unveiled their associate salaries for the coming year, as some of the first mid-Atlantic firms reveal their new rates. Newly-qualified (NQ) lawyers at Dewey & LeBoeuf will now earn £80,000 after the firm's first salary hike post-merger, representing an increase of around £5,000 on the previous salaries paid at both legacy firms.

    1 minute read

  • July 3, 2008 |

    National duo recharge with roles on retail group's revamped panel

    National law firms Pinsent Masons and DLA Piper have landed roles on the revamped legal panel of electrical retailing group DSG International (DSGi). The FTSE 250 group, which is the parent company of retail chains Dixons, Currys and PC World, has drawn up a new advisory group, with the other firms on the panel understood to be Baker & McKenzie and Linklaters.

    1 minute read

  • July 2, 2008 |

    Bakers makes up six to partnership

    Baker & McKenzie has promoted six new partners in its London office. The promotions, which became effective earlier this week (1 July), represent an increase on the five lawyers that were made up last year and bring the number of London partners up to 84.The international firm has bolstered its corporate capabilities with Robert Ada, Roy Pearce and James Reed all promoted to the partnership, while Helen Bardell, Daniel Ellis and Frances Okosi were made up in EC competition & trade, employment and banking respectively.

    1 minute read

  • July 1, 2008 |

    Heller losses mount as top litigation duo quit firm

    Covington & Burling has picked up two top litigators from Heller Ehrman's insurance recovery practice, writes The Recorder, in the latest in a series of departures from the West Coast giant. David Goodwin, who joined Heller in 1986 and helped found and later chair two practices, and Lawrence Hobel, who joined in 1989, both begin work at Covington's San Francisco office this week. They join office managing partner Donald Brown, the only other local partner in the Washington DC-based firm's insurance recovery group, which now includes 27 partners nationwide.

    1 minute read

  • June 30, 2008 |

    Heller bobs and weaves on Bakers merger claims

    Heller Ehrman, rumoured to be in merger talks with Baker & McKenzie, was cagey when confronted with the speculation on Friday (27 June), writes The Recorder. Chairman Matthew Larrabee was travelling and unavailable to comment, and a call to managing partner Robert Hubbell was not returned, but Heller's director of communications, Patrick Bustamante, said early in the day that the firm "is not considering" a merger with Bakers and would not comment on whether the firm had talked with the firm in the past.

    1 minute read

  • June 26, 2008 |

    Will Heller secure the big deal?

    Is the Heller Ehrman saga about to reach a new chapter? For those unfamiliar with the Californian legal market, the substantial West Coast firm is widely…

    1 minute read

  • June 25, 2008 |

    Linklaters signs up duo for strategic roles

    Linklaters has made two internal business support appointments, hiring new directors of marketing and information systems and strategy (ISS) David McClune is set to join in September to lead the marketing function from Australian firm, Allens Arthur Robinson, where he was director of strategy client services. He takes over from interim director Ori Wiener.

    1 minute read