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Linklaters LLP
Linklaters hires Shearman dealmaker as ‘magic circle’ jostles for US foothold
...The UK group of elite firms, which also includes Clifford Chance and Freshfields Bruckhaus Deringer, has long struggled to make headway in America against the top domestic law firms that dominate the US...
January 8, 2024
PwC
PwC experiments with chatbots to speed up its lawyers
...Law firm Allen & Overy already uses Harvey but has insisted the technology would not replace any staff, reduce billable hours or save money for the firm or its clients....
March 15, 2023
FT Live
Innovative Lawyers Awards Asia-Pacific
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 16 MayHong Kong
Legal services
UK’s ‘magic circle’ law firms struggle to grow in US amid sinking pound
...Freshfields, Clifford Chance, Linklaters and Allen & Overy declined to comment....
October 11, 2022
Allen & Overy LLP
Allen & Overy data hit by hackers in ransomware attack
...Allen & Overy, the “magic circle” law firm, has suffered a cyber attack on its systems, making it the latest big corporate to fall victim to a ransomware hack....
November 9, 2023
Clifford Chance LLP
Clifford Chance rules out merger as revenues top £2bn for first time
...Clifford Chance is the second of the magic circle to announce its annual results, after Allen & Overy reported its figures last week, also reporting revenues of more than £2bn for the first time....
July 19, 2023
Legal services
Profits stall at London’s ‘magic circle’ law firms during US expansion
...Although profits stalled, the magic circle generated increases in revenue, with Allen & Overy and Clifford Chance making more than £2bn for the first time....
July 31, 2023
FT Live
Innovative Lawyers Summit
Guiding business in a new global age
Wednesday, 11 SeptemberLondon, UK
News in-depthLegal services
Allen & Overy closes in on American dream with $3.4bn Shearman deal
...Allen & Overy has been seeking to crack the US legal market for decades....
May 23, 2023
LexLegal services
Legal services: US firms lay down the law in the UK Premium content
...Clifford Chance, Allen & Overy and Linklaters and Freshfields have reported stalling or declining profits per partner. Gazing into a crystal ball offers little in the way of relief....
July 31, 2023
Mergers & Acquisitions
Allen & Overy and Shearman plan merger to create $3.4bn law firm
...The proposed deal represents the first merger between a London-based magic circle firm and an American rival since Clifford Chance joined up with Rogers & Wells in 2000....
May 21, 2023
FirstFT
FirstFT: Legal firms Allen & Overy and Shearman & Sterling plan to merge
...The proposed deal represents the first merger between a London-based “magic circle” firm and an American rival since Clifford Chance joined up with Rogers & Wells in 2000....
May 22, 2023
Special ReportNorth America Innovative Lawyers
US firms fine-tune global expansion ambitions
...The depth of the US market also underpins the recent decision of UK firm Allen & Overy to merge with Shearman & Sterling of the US....
December 5, 2023
News in-depthLegal services
Wim Dejonghe: the Belgian rainmaker sealing Allen & Overy’s deal with Shearman
...Days into his role as senior partner last month, Hakki picked up the phone to ring Wim Dejonghe, the long-serving leader of Allen & Overy, one of London’s elite magic circle law firms....
May 26, 2023
Legal services
US law firms ask staff to spend more time in the office
...Clifford Chance has a 50 per cent in-office-hybrid working policy....
October 7, 2023
Special ReportAsia-Pacific Innovative Lawyers
Asia-Pacific Innovative Lawyers Awards 2023: the winners
...Innovation in Deal Making King & Wood Mallesons Innovation in Creating a New Standard Nagashima Ohno & Tsunematsu Innovation in Restructuring Mori Hamada & Matsumoto Innovation in Digital Assets Allen...
May 5, 2023
Clifford Chance LLP
Law firm Clifford Chance pays highest earner £4.9mn in 2022
...Clifford Chance’s 14-strong leadership team were paid £34mn in total, up from £28mn the previous year....
January 17, 2023
FT Live
Innovative Lawyers Awards Europe
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 12 SeptemberLondon, UK
Special ReportAsia-Pacific Innovative Lawyers
Challenge of Asia-Pacific complexity is the spur to its creativity
...For example, Scott Neilson, a Tokyo-based banking partner at international firm Allen & Overy, is driving the expansion of its energy transition practice....
May 5, 2023
Special ReportAsia-Pacific Innovative Lawyers
Practice of law: best practice in legal work
...Digital assets Winner: Allen & Overy Originality: 8; Leadership: 9; Impact: 9; Total: 26The firm advised the Hong Kong government on its first bond issuance via blockchain token, which uses Hong Kong dollar...
May 5, 2023
Due Diligence
Greenhill and Lazard: investment banking pioneers at a crossroads Premium content
...Allen & Overy thinks it can do one better....
May 23, 2023
Special ReportAccelerating Business
Law firms embrace the efficiencies of artificial intelligence
...Robin AI works with two of the Big Four accounting firms, as well as private equity funds and law firm Clifford Chance....
May 4, 2023
Leadership
Well, Bloomberg won our quiz. Could you have done better?
...How many computer screens did AQR’s Clifford Asness admit to smashing during the financial crisis?...
November 3, 2023
FirstFT
FirstFT: Blackstone pivots towards data centres
...Equity partners at Allen & Overy and Linklaters saw their share of profits fall in the most recent financial year while Clifford Chance’s profit per equity partner was flat....
July 31, 2023
Due Diligence
Michael Klein: I just want you Spac for good Premium content
...Clifford Chance’s profit per equity partner was flat. All three magic circle stalwarts boosted their revenue in their most recent financial years....
August 2, 2023
Due Diligence
Was this billionaire gambler taken for a ride? Premium content
...Clifford Chance named Jason Ewart as a partner in its US leveraged finance group, based in New York. He joins from Latham & Watkins. Smart reads Who is Sam Altman?...
October 4, 2023
Clifford Chance LLP
Partner pay surpasses £2mn at Clifford Chance
...Clifford Chance surpassed rival Allen & Overy, which revealed last week that its top echelon of partners pocketed average sums of £1.9mn, an increase of 3 per cent on the previous year....
July 19, 2022
Mergers & Acquisitions
Shearman & Sterling and Hogan Lovells abandon merger talks
...In 2019, talks between London-based “magic circle” law firm Allen & Overy and Los Angeles group O’Melveny & Myers collapsed after the two sides failed to agree on a valuation for the combined business....
March 3, 2023

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