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Sidley, an unsung private equity shop
Chances are, when asked to name a private equity law firm in the City your first thought would turn to Kirkland, Latham or Simpson Thacher. Hands up who said Sidley? Thought as much. But here’s a data nugget for you. Over the past decade, Sidley’s global private equity-related fee income is thought to have risen […]
Invest in your longest commuters
Commuting experiences in the UK vary wildly. Travellers in London endure the sardine-packed Tube, while the countryside offers more picturesque – though often rickety and delayed – train journeys. Elsewhere, cyclists confronted an unusually rainy July and now take on 28-degree heat with steadfast determination. Drivers navigate a maze of roundabouts and contend with congested, […]
Bakers is finally getting some focus
Rare is the firm that isn’t obsessed with “moving up the value chain.” Along with being “client-centric,” “sector-focused” and “collegiate,” it is among the most often trilled out of tropes by senior management aiming to portray their firm as ambitious, dynamic and entrepreneurial (which, incidentally, are three more). And yet. When real change does take […]
There’s a gap opening in Manchester
Manchester’s legal market has been saturated for many years. Nearly 50 firms (46) in the UK200 have offices in the city with only two more specialised firms managing to successfully edge their way into the confines of the inner ring road – Lewis Silkin and Foot Anstey being the more recent newcomers to set up […]
Britain is basically like a mid-tier law firm
The country desperately needs growth, but there are a limited number of levers that Chancellor of the Exchequer Rachel Reeves can pull. Likewise, in the UK legal profession, mid-tier growth is hard to find and there are few options available. Listing on the stock exchange is out of fashion and getting a boost from private […]
White & Case unveils London salary increases for 2025
White & Case has revealed increased salaries for its lawyers in London, including for its trainees and newly-qualified (NQ) solicitors. From January 2025, all lawyers in London can expect to see a pay rise, with some bands increasing by nearly 20 per cent. NQ solicitor pay will increase by 16.6 per cent from £150,000 to […]
Cooley London picks co-MPs after Stock’s surprise exit
Cooley has appointed co-managing partners to lead the London office in the wake of former managing partner Justin Stock’s recent departure. The newly appointed heads are Claire Keast-Butler, who leads the firm’s capital markets practice in London and James Maton, who leads the firm’s UK disputes practice. he appointments come after Stock exited to Akin […]
Paul Weiss targets Kirkland once again for funds partner
Paul Weiss Rifkind Wharton & Garrison has secured another partner hire from Kirkland & Ellis to build out its City funds practice further. Jeremy Leggate joins from Kirkland as a partner and will co-head the firm’s European investment funds team. He spent just over nine years at the firm, originally joining as an associate before […]
Mitsubishi UFJ launches trainee scheme with Flex Legal
Mitsubishi UFJ Financial Group’s EMEA legal team has launched a trainee solicitor scheme in partnership with Flex Legal. Five new graduates have been hired into the team, with four based in London and one in Dubai. Two of the recruits will join as apprentices. The bank will offer these trainees the opportunity to qualify as […]
Two lawyers blacklisted by UK M&A watchdog
The City of London’s mergers and acquisitions watchdog Takeover Panel has given 10 individuals, including two lawyers, the “cold shoulder” after what has been described as the “most complex investigation” in the history of the organisation. Camille Froidevaux and Patrice Huguenin, both of Swiss firm Budin Associés’ Geneva office, were hit with the sanction – […]
