An American law firm—DLA Piper—is among several law firms identified in a British publication that are holding back or reducing partner profit distributions. DLA Piper continues to pay monthly distributions, but
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After eight years, Clifford Chance lost its top spot as the world's largest law firm by revenue, according to data by Am Law Daily. Clifford Chance was replaced British rival Linklaters. Freshfields Bruckhaus Deringer
Ashurst has expanded its London energy and projects practice with the hire of Antony Skinner as a partner. Skinner joins from Linklaters, where he specialised in European power and renewables. Recent projects include
Former Chadbourne & Parke corporate partner Konstantin Konstantinov who joined Dechert earlier this year as part of the firm's Moscow launch, has rejoined his former firm after just four months.
UK law firm SJ Bewin has suspended quarterly profit share payments to partners after partner profits fell from £802,000 to £410,000. However, partners still receive their monthly drawings of £12,500 to £17,000,
Magic circle law firms -- Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters, Slaughter and May -- saw promotions fall by an average of 41 percent this year, while their City rivals Lovells, CMS
DLA Piper has strengthened its Europe, Middle East and Africa (EMEA) corporate practice with the addition of Linklaters partner Jon Hayes, reports legalweek.
Allen & Overy partner Srinivas Parthasarathy is to leave the firm’s Singapore office to become a partner of Indian law firm Trilegal, with which the magic circle firm has a non-exclusive referral
Magic circle firm Clifford Chance has only made up 17 partners this year, a 50 per cent drop compared to last year's 35 new partners. Globally, the firm will have 587 partners once the promotions take effect on August
Cleary Gottlieb Steen & Hamilton has made a rare hire in London, adding former Allen & Overy intellectual property partner Colin Pearson as a consultant of its City office.
Bingham McCutchen LLP has hired Christopher Cox, former chairman of the U.S. Securities and Exchange Commission (SEC) under President George W. Bush, to continue the Boston-based law firm's growth in California. Cox,
German corporate restructuring expert Kolja von Bismarck has been appointed as a partner at Linklaters' Berlin office. Von Bismarck was a partner at Clifford Chance in Frankfurt since 1997 and has advised on a number
Finance lawyer Marshall Stoddard, co-chair of Mayer Brown's global finance practice, will leave the firm to become the US head of bank and institutional finance at Dewey & LeBoeuf. Stoddard's departure follows a
Clifford Chance saw its profits per equity partner (PEP) slide by 37%, plummeting from £1.156m to £733,000 in the 2008-09 financial year. Revenues were down 5 per cent from £1.33bn to £1.26bn. London and the
Mayer Brown has completed the restructuring of its management team after electing the final five partners to its 12-member partnership board. The new structure will be launched officially on 1 June when new chairman