As Weil eyes a merger, who is a sizeable suitor? Legal US heavyweight law firm Weil Gotshal and Manges is reportedly pursuing a merger with another law firm and is in active discussions, fuelling speculation across the legal sector about the likely contenders. Leadership at the New York-headquartered firm, renowned as a powerhouse in corporate restructuring, private equity, and mergers and acquisitions, reportedly told top partners [...]
Meet the top lawyer challenging Gianni Infantino’s Fifa power play Law Uefa has enlisted a leading US white-collar expert as legal tensions escalate over Gianni Infantino’s unsuccessful Fifa World Cup sell-off. US legal giant Dechert’s former Chair, Andrew Levander, has been nabbed by the European body, which informed Zurich-headquartered Fifa his client was “actively considering legal action, arbitration, and/or regulatory complaints”. Fifa has promised that raising [...]
Elite English firms face uphill battle in fierce New York market Legal Elite City law firms face major financial and strategic hurdles breaking into the US legal market, as fierce competition for top talent and high partner compensation make organic growth and brand-building especially challenging, writes Maria Ward-Brennan Breaking into the US has been on the agenda of many elite English law firms, most notably four-fifths of [...]
City law firms clamp down on the equity cookie jar April 30, 2026 Law firms are tightening access to equity partnerships to protect profits, increasingly reserving the equity pool for top performers, writes Maria Ward-Brennan. As the Big Four giants dominate the headlines with internal changes, the firms are seeking to regain control of their expanded equity pools amid profitability problems. These giants are looking to mirror what [...]
Son of world’s richest banker challenged US law firm over $35m legal bill April 8, 2026 Alberto Safra survived a bitter fight over his father’s $23bn fortune. Then the legal bill arrived, all $35m (£26m) of it. Safra, son of Brazilian billionaire Joseph Safra, now deceased, was billed over $35m for less than two years of work over a ‘bitter multibillion-dollar estate feud’ and one of the largest inheritance battles in [...]
AI-driven workforce fuels private equity surge in sports February 3, 2026 The influx of businesses investing in AI is a key factor driving the surge in private equity (PE) within the leisure and sports sector, as sports is the new luxury. Cleary Gottlieb partner Tihir Sarkar explained to City AM, “With day-to-day activities being taken over by AI, there’s going to be a lot more time for participation [...]
Yet another Transatlantic tie-up: Ashurst and Perkins Coie announce $2.7bn merger November 17, 2025 UK law firm Ashurst has agreed to merge with the US law firm Perkins Coie, the latest move in a series of large transatlantic tie-ups in the legal sector. After a week of speculation about Ashurst being in merger talks, the firm agreed a deal with Settle-based Perkins Coie to become a $2.7bn law firm, [...]
Private equity could soon own a piece of major US law firm November 12, 2025 US law firm McDermott Will & Schulte is reportedly exploring a complex restructuring to allow private equity firms to buy a stake in what could be a major move in the legal market. The proposed structure, as reported by the Financial Times, involves creating a managed service organisation (MSO), a separate entity in which outside [...]
Exclusive: Tory peer Lord Garnier joins Pillsbury amid London expansion November 4, 2025 Tory peer Lord Edward Garnier is joining US law firm Pillsbury as senior counsel, as it continues its expansion into the City, City AM can reveal. Lord Garnier KC, currently a member of the House of Lords, served as Solicitor General under David Cameron. He was MP for Harborough from 1992 to 2017. The barrister, [...]
Fully remote with no associates: Meet the ‘elite’ law firm of the future October 22, 2025 US lawyers Michael Pierson and Joel Ferdinand joined forces “with the vision to build the elite law firm of the future”, going in the opposite direction of the traditional market with a tech-focused, full-service approach. Oh, and no offices. And no associates. Founded in January 2024, New York-based Pierson Ferdinand became the largest law firm [...]