Clifford Chance (CC) has become the latest firm to sign a deal with an artificial intelligence (AI) provider, with the magic
circle firm partnering with Kira Systems.
Not exact matches
«To say the vultures are
circling is probably an understatement,» Larry Perkins, the CEO and founder of the advisory
firm SierraConstellation
Partners, told Business Insider last month.
The top 30 law
firms made up fewer
partners this year, while there was a worrying dip in the number of women promoted at the magic
circle.
The magic
circle firm, which overhauled its three - tier lockstep system in 2015, has long had the ability to reward top - performing
partners by moving them above its core 100 - point plateau, but has previously opted against such a move — even for lateral hires in the highly competitive US market.
A&O banking counsel Catherine Lang - Anderson on mentoring the magic
circle firm's senior
partner
Corporate
partners Pistilli and Simmons — whose former
firm Chang Pistilli & Simmons was taken over by CC in 2011 — left the magic
circle firm in February and launched their own boutique, Pistilli Simmons, this May.
Magic
circle firm appoints competition
partners to lead 40 - strong group of lawyers around the world
«Clarity on what it takes to make
partner is something that differs between associates, but I also think that until you reach a certain point, it's more important to focus on what you're doing as an associate and how to improve yourself in that role than looking too far ahead,» says a three - year PQE associate at a magic
circle firm.
For example, in early April, it was reported that U.K. magic
circle firm Allen & Overy had launched a major recruitment drive in order to add up to 20 associates and
partners to its United Arab Emirates» office.
Of the other magic
circle firms, both Freshfields Bruckhaus Deringer and Slaughter and May have told Legal Week they will not release
partner data.
Having made
partner in 2015 after spending 11 years with the magic
circle firm, she impressed the judges with her ability to co-lead the Linklaters team with London
partner Jonathan de Lance - Holmes advising SoftBank on launching a technology fund that can raise as much as $ 100bn (# 81bn) over the next five years.
The magic
circle firm's latest
partner promotions, announced last week, included City competition lawyer Kerry O'Connell, who will move from London to Brussels before the end of the year.
The magic
circle firm's London - based team was led by corporate
partner John Geraghty, with support from tax
partner Lydia Challen.
Linklaters has become the first magic
circle firm to announce its 2016 - 17 results, posting a 7.8 % hike in profits per equity
partner (PEP) alongside a revenue rise of almost 10 %.
Latham & Watkins has sealed the hire of Allen & Overy (A&O) M&A
partner Edward Barnett, in the latest in a series of magic
circle recruits for the expansive US
firm.
Clifford Chance (CC) has become the first magic
circle firm to include equity
partners in its gender pay gap report.
He spent almost 10 years as a
partner at the magic
circle firm, where he was one of the
firm's global telecommunications, media and technology sector leaders.
Wood (pictured) was previously a
partner at Freshfields Bruckhaus Deringer and was posted to the magic
circle firm's Tokyo office between 2007 and 2011, spending more than two years as managing
partner there.
The
firm, which last month became the first of the magic
circle to file its gender pay gap report, revealing a pay gap of 23 % for non-partner employees, has now announced that when including
partners, the overall gender pay gap for all employees and lawyers rises to 60.3 %.
The corporate star has been a
partner at the magic
circle firm since 2001, and recently co-led CC's team that advised the controlling shareholders of AB InBev on its $ 275bn (# 177bn) merger with rival SABMiller.
Five years after Linklaters turned the trend for
firms planting flags around the world on its head with a return to alliance deals, its
partner firms — Australia's Allens and South Africa's Webber Wentzel — do not let you forget their ties to the magic
circle firm.
Within [email protected], the
firm offers a [email protected] forum for associate mothers, a mentoring
circle and office mini-retreat which enables associates and
partners to network in an informal setting.
Sum has spent eight years at Linklaters having trained at Allens, the magic
circle firm's Australian alliance
partner.
Freshfields Bruckhaus Deringer's London aviation finance team is leaving to join US
firm Holland & Knight, following a review of the magic
circle firm's wider finance practice that will result in a number of
partners leaving by the end of the financial year.
The magic
circle law
firm, which is a regular adviser to Lloyds, is fielding a team under relationship
partner Jeremy Parr and corporate
partner Duncan Barber.
Wood, described by awards chairman Ed Sparrow as a «polymath», has spent a long career at the magic
circle firm, including 29 years as a
partner from 1973 to 2002 and 10 years as head of its banking department.
Allen & Overy managing
partner Andrew Ballheimer and senior
partner Wim Dejonghe discuss the magic
circle firm's focus under their watch
Magic
circle firm confirms contenders to replace senior
partner David Morley and managing
partner Wim Dejonghe
Magic
circle firms Freshfields Bruckhaus Deringer and Herbert Smith Freehills (HSF) have won lead roles as «
partner firms» on long term client Pearson's first legal panel.
Magic
circle firm pulls plug on Cologne as it beefs up Duesseldorf with 16 Cologne
partners and its Frankfurt based global corporate head Rick Van Aerssen
Magic
circle firm to cut Germany - based
partners» profits as part of a global drive to match its US rivals
One magic
circle partner says: «What will be highly in demand are experts in trade law and that is something most UK law
firms do not really have.»
Kensell departs after campaigning unsuccessfully to become senior
partner at the magic
circle firm earlier this year.
The magic
circle firm has moved down or frozen about 50 % of its German
partners in a bid to improve profitability, with only a handful of the
firm's 51 German
partners now understood to be sitting above 40 points.
Concerns that
partners at large may not consider these issues could lead a law
firm leader to err on the side of maintaining profitability data within a small
circle of senior management, or exposing it only in the context of a formal presentation that includes the relevant explanations.
CC corporate
partner Steven Fox, who joined the magic
circle firm last year from Ashurst, is leading the
firm's team advising SS&C on UK law alongside CC
partners Lee Coney (corporate), Roderick McGillivray (finance), Simon Crown (regulatory) and Sonia Gilbert (employment).
Exits from magic
circle firm's German practice continue to mount with
partner set to join Mayer Brown in April 2016
Ellis, who was a
partner at MoFo between 2007 and 2008, has rejoined her old
firm this week to work alongside corporate
partner Thomas Chou and M&A
partner Jeremy Hunt, who joined the
firm last year from magic
circle firm Allen & Overy.
The magic
circle firm looks set to benefit from the fallout at Ashurst, with
partners expected to vote on Berkovich's hire in the coming days.
Stewart, who has been a
partner with the magic
circle firm for almost two decades, is in the running for the position after being put forward for nomination.
Douglas Tween, who also led Bakers» New York litigation practice, will join the magic
circle firm as a
partner in its competition practice and will lead its US cartel and government investigations practice.
Vivian Yiu due to depart after 10 years at the
firm as the trend of magic
circle Asia
partner exits to US
firms continues
Allen & Overy (A&O) has named London - based capital markets chief David Krischer as the magic
circle firm's new US managing
partner.
His departure will leave the magic
circle firm with one US - qualified
partner in its Shanghai office when he joins Ant Financial on 1 September.
Lloyd (pictured) was previously a
partner at the magic
circle firm in Hong Kong for five years before moving to Sidley in 2010.
Bagshaw (pictured) and Youle, who have been key in helping to build the magic
circle firm's private equity practice have been
partners at Linklaters since 2007 and 2006 respectively.
The magic
circle firm's newly elected management team is working to change how
partners at A&O are appraised
Marisin was formerly Moscow head of disputes and local managing
partner at the magic
circle firm.
The magic
circle firm's team was led by London litigation
partners Roger Best, Roger Leese and Maxine Mossman.
The magic
circle firm has hired IP
partner Mark Heaney, who joined Simmons from US
firm Baker Botts last year, alongside fellow Simmons IP
partner David Stone (pictured).