Alex Ryan

Ottawa’s AI for All strategy assumes employers will choose the pro-worker path that quarterly market pressure actively punishes, write Joe O’Connor and Alex Ryan

Stephenson Harwood has reported declines in both revenue and profit, with leadership attributing the dip to the cyclical nature of disputes work and emphasising the firm’s longer-term progress.

Paul Hastings has bulked up its London restructuring practice with the hire of two partners from Hogan Lovells Cadwalader and Sidley Austin.

National and regional firms increased their revenue at a faster rate than international or London firms last year, according to preliminary LB100 data – but international firms are surging further ahead on partner profits.

Wes Misson, global managing partner for the finance practice at Hogan Lovells Cadwalader, sums up how Charlotte, North Carolina, has changed over the last year: ‘It’s an interesting market we’re now in. It’s very frothy – people move all the time.’

The headline-grabbing news that Weil corporate heavyweight Michael Aiello is leaving to join Cravath, alongside five other M&A partners, means the firm has now seen almost 30 partners leave around the world since the start of the year.

Quinn Emanuel London senior partner Richard East has joined the firm’s team acting for the claimants on the long-running Mariana Dam litigation against BHP.

Gibson Dunn has taken a lead role representing the media organisations barred from the White House in their lawsuit against the Trump administration.

This year’s LB100 paints a picture of a UK legal market firmly in growth mode, with total turnover rising 8% to £43.3bn and more than 90% of the group seeing revenues rise.

The $110bn acquisition of Warner Bros Discovery by Paramount Skydance officially closed yesterday (6 October) after months of negotiations, with a host of major law firms on hand to bring the deal to completion.