Latham lands Cahill City finance trio as Greenberg, McDermott and Cleary bolster London ranks
Legal Business
by Elisha Juttla
4d ago
In the most notable London lateral move of recent weeks, Latham & Watkins bolstered its banking and finance practice with its hire of partners Jonathan Brownson, Joydeep Choudhuri, and Prue Criddle from New York banking heavyweight Cahill Gordon & Reindel’s City office. Brownson, a Legal 500 Hall of Famer for acquisition finance, joined Cahill from pre-merger Allen & Overy in 2020 with fellow finance partner and Legal 500 high yield leading individual Jake Keaveny. Both Choudhuri and Criddle are also A&O alums: Choudhuri made partner at the firm in 2020 bef ..read more
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‘Your mindset is more important than it seems’ – how Maxwell Chambers has shook up Singapore’s disputes landscape
Legal Business
by Allan Cohen
6d ago
Jiun Ean Ban, chief executive of Maxwell Chambers in Singapore, recently sat down with Legal 500 senior research editor Allan Cohen to share the story of his journey to his current position, as well as the latest developments from Maxwell Chambers, the influence of technology in disputes, and his sideline in fantasy novels and educational board games The genesis of Maxwell Chambers When the Singaporean government came up with the idea of creating an international alternative dispute resolution (ADR) facility in 2002, Ban, a qualified lawyer, was a public servant specialising in policy work wi ..read more
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Mishcons international arbitration head Louis Flannery KC moves to Littleton Chambers
Legal Business
by Alex Ryan
1w ago
Mishcon de Reya’s head of international arbitration Louis Flannery KC has left the firm, and is set to join Littleton Chambers in August as a silk in the set’s international arbitration team. Recognised in the Legal 500 Hall of Fame for international arbitration in London, Flannery joined Mishcons in 2020 from Stephenson Harwood, where he built the firm’s London international arbitration practice after joining in 2008. He took silk in 2018, and has appeared before a range of international tribunals and domestic courts. ‘My aim is to put Littleton Chambers higher up the ranks for int ..read more
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‘Ultra-focused on culture and hungry to build’ – McDermott’s new London head sets out stall
Legal Business
by Elisha Juttla
1w ago
Earlier this month McDermott Will & Emery announced that leveraged finance partner Aymen Mahmoud will take the reins from Hamid Yunis as managing partner of the US firm’s London office. Mahmoud (pictured), who has been at the firm since 2020 after joining from Willkie Farr & Gallagher, will take the helm on 1 June, while also continuing as co-head of the firm’s London transactions group and the finance, restructuring, and special situations group. Yunis, who served as London managing partner since 2019, has steered the firm through five years of growth, during which lawyer headcount h ..read more
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Kirkland, Paul Weiss and Slaughters lead on £3.5bn Royal Mail takeover bid
Legal Business
by Holly McKechnie
1w ago
Kirkland & Ellis, Paul Weiss and Slaughter and May are advising on the proposed takeover of the Royal Mail’s parent company, International Distributions Service (IDS), by Czech billionaire Daniel Kretinsky.  The deal is a revised non-binding proposal from EP Corporate Group for the remaining share capital of IDS which is not already owned by EP, which at present, holds 27.6% of IDS’s issued share capital.   The proposal values the entire issued share capital of IDS at approximately £3.5bn.   EP is being advised by Kirkland, with a team led by corporate partners David Higgin ..read more
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‘I mistakenly thought severe anxiety was a good thing’ – Vinson’s London head on opening up about mental health
Legal Business
by Elisha Juttla
1w ago
For Mental Health Awareness Week, Vinson & Elkins London managing partner Nick Henchie talked to LB about recognising mental health issues, seeking support, the importance of openness and honesty, and supporting the next generation of lawyers facing similar challenges Have you ever experienced mental health issues related to work?  When I look back on my career, I definitely had mental health struggles from very early on, but I don’t think I properly recognised that I had until I started having some therapy six months ago. There was never a crisis moment as such – worrying, anxiety ..read more
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Bird & Bird to launch in Tokyo with Ashurst corporate hire as firm sets sights on €1bn revenue mark
Legal Business
by Alex Ryan
1w ago
Bird & Bird has announced it will open in Tokyo before the end of the year, with the new base set to be led by corporate partner Hiro Iwamura, who is joining from Ashurst. The launch marks the first significant move for the firm since February’s unveiling of its new five-year strategy – which includes the ambitious goal of reaching €1bn in revenue within the next half-decade. ‘We’re kicking off our new five-year strategy as we mean to continue – purposeful, intentional growth in key markets where our clients are thriving’, CEO Christian Bartsch said in a statement. ‘Japan is a dynami ..read more
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Travers departures continue as Linklaters and Fried Frank pick off transactional trio
Legal Business
by Elisha Juttla
2w ago
In another blow for Travers Smith, respected corporate M&A and ECM partner Richard Spedding has left to join Linklaters, on the back of the departure of a private equity duo to Goodwin late last month. A Legal 500 Hall of Famer for small to mid-cap equity capital markets, Spedding was at Travers or 25 years. Experienced in public M&A and the UK Takeover Code, Spedding recently co-led the firm’s team advising key private equity client Inflexion on its £342m takeover of DWF. At the end of April Travers also lost private equity duo Ian Keefe and George Weavil, with the pair joining Goodw ..read more
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‘We have an insatiable appetite for recruiting’: Keystone posts double-digit revenue rise as hiring picks up
Legal Business
by Elisha Juttla
2w ago
Keystone Law has released its financial results for 2023-24, posting a 15.1% revenue boost to reach £87.9m. The results, which cover the financial year to 31 January 2024, come after a sustained period of recruitment for the firm, which is continuing to sign up lawyers attracted to its non-traditional, decentralised model. On 3 May, the firm welcomed former Allen & Overy structured and asset finance head Mario Jacovides, as well as DLA Piper disputes partner Linos Choo and Simmons & Simmons corporate partner Patrick Graves, alongside a series of other additions from firms including Mi ..read more
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Norton Rose and DLA post rising revenues as global footprint drives growth
Legal Business
by Anna Huntley
2w ago
Norton Rose has reported an 8.7% increase in global revenue, marking a turnaround from two years of declining revenue. Profit per equity partner (PEP) jumped almost 33% from $1.05m to $1.4m in 2023, as the number of equity partners declined by 21% from 644 to 506. This follows a stagnant 2022 for the firm, which saw a 1% drop in global revenue, with PEP remaining static. It is understood that the drop in total equity partner numbers came as a result of the firm standardising its definition of an equity partner across all regions. The firm credited its growth during 2023 to expansion across va ..read more
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