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Breaking news and analysis of law firm partner moves, lateral hiring trends and law school graduate employment.
By Georgina Stanley | February 7, 2013
As Cobbetts this week looked to be taking its final steps towards obsolescence and a pre-pack deal with DWF, new research from Legal Week has found US firms' activities on this side of the pond moving in an entirely more positive direction. Casting aside the seemingly perpetual economic gloom, firms have turned their attention to London expansion, with our latest survey into the hiring trends of US players in the City demonstrating record levels of partner recruitment.
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By Alex Newman | February 7, 2013
The collapse of Dewey & LeBoeuf helped drive partner hiring by US law firms in London to record levels in 2012, with senior lateral recruitment in the City climbing by almost 40% during the last calendar year. Legal Week's annual survey of London partner recruitment trends at some of the leading US law firms found there were 141 lateral partner hires made by the City arms of 47 US law firms last year, compared with 103 across the same firms in 2011.
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By Alex Newman | January 31, 2013
K&L Gates saw London turnover increase by 8% in 2012 after a busy year for the US firm, with City growth coming against static revenues across the firm as a whole. Provisional figures for the firm's London office show revenues rose to £35.6m during the year, up from 2011's total of £33m, despite a slight fall in partner headcount to 60. The results mean the law firm has increased City revenues by almost 20% over the past two years, after seeing a 10% hike in the UK last year.
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By Gerard Starkey | December 13, 2012
Bond Dickinson, the firm formed by the merger of Bond Pearce and Dickinson Dees, is set to target growth in London and Aberdeen when its union goes live on 1 May next year. The new firm, which will sit within the UK top 40 with combined revenues of £95m, is putting domestic growth ahead of international expansion for the short term.
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By Gerard Starkey | November 29, 2012
Eversheds managing partner Lee Ranson is set to be reappointed in his role, with the decision coming as Eversheds International chairman David Gray prepares to retire from the firm in April. Ranson's forthcoming reappointment comes after chief executive Bryan Hughes was re-elected for a second four-year term that will run from May 2013.
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By Alex Newman | November 29, 2012
Milbank Tweed Hadley & McCloy may have opened in London more than 30 years ago, but it is only in recent months that its recruitment efforts have really started to gather pace. Last month's hire of Norton Rose financial disputes partner Charles Evans capped a run of high-profile new joiners for the US firm's City arm, with the appointment marking the fifth lateral partner addition in as many months. It followed the recruitment of former Linklaters projects veteran Clive Ransome and Mayer Brown leveraged finance partner Neil Caddy in August, while Freshfields Bruckhaus Deringer's Nicholas Spearing, the office's first competition partner, joined in June – a year after Milbank narrowly missed out on hiring SJ Berwin's then EU and competition head Stephen Kon, who opted to remain at the City firm where he is now senior partner.
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By Alex Newman | November 22, 2012
The London arm of Milbank Tweed Hadley & McCloy is to start taking on trainees as part of its strategy to grow its UK law practice. London managing partner Russell Jacobs said the firm is looking to take on one or two trainees in 2013, with this set to rise to four or five from 2014 once it starts targeting universities for recruitment efforts.
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By Suzanna Ring | October 25, 2012
Travers Smith has kicked off its senior partner elections as long-serving leader Chris Carroll prepares to stand down.
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By Gerard Starkey | October 25, 2012
Wragge & Co has boosted its London real estate litigation team with the hire of ex-Dundas & Wilson partner Martin Thomas.
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By Gerard Starkey | October 11, 2012
Gateley has moved into new London premises as the firm continues to bulk up its presence in the capital.
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By Justin Henry | December 16, 2020
"I'm excited about the prospect of joining a younger firm and a dynamic firm," Mike Hayes said.
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By Patrick Smith | December 16, 2020
The hire falls right in line with the firm's strategy of bulking up practice areas expected to grow.
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By Dylan Jackson | December 16, 2020
After an Am Law 50 firm announced its intention to start hiring partners where it doesn't have offices, will others follow?
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By Karen Sloan | December 16, 2020
Summer associate offer and acceptance rates remained near historic highs in 2020, according to the National Association for Law Placement. That's despite myriad challenges posed by the pandemic, including moving most summer associate programs online.
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By Jonathan Erway | December 16, 2020
McCusker Anselmi Names DaSilva Chief Administrative Officer McCusker, Anselmi, Rosen, & Carvelli (MARC) in Florham Park selected Rosemarie (Rose)…
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By Dylan Jackson | December 16, 2020
Perkins Coie managing partner William Malley said the infusion of white-collar talent in New York and D.C. is sure to come in handy, as President-elect Joe Biden's administration ramps up regulatory scrutiny.
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By Meredith Hobbs | December 15, 2020
The Atlanta, Charlotte and Nashville legal markets are attracting interest, recruiters said, adding the Southeast is a logical place to look for expansion.
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By Patrick Smith | December 15, 2020
Several Am Law 100 firms are turning to Suited's artificial intelligence-powered recruiting platform in hopes of getting more diverse hires.
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By David Gialanella | Lizzy McLellan | December 15, 2020
A collection of the Mid-Market Report's "Market Focus" features, covering Boston, Seattle, Nashville, Denver, and more.
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By David Gialanella | December 15, 2020
Editor's note: This story was originally published on Oct. 5, 2018, and was reposted on Dec. 15, 2020 to be included in this collection: Market Refocus:…
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