Mike’s Mechanics

White & Case sent Mike Goetz to London in 2000 to take its City finance practice to a new level. Thirteen years – and two law firms – later, he’s still one of the biggest names on the London scene. LB meets a banking legend.

Ropes & Gray’s London office has just turned three years old and more than a few cynics didn’t expect it to last that long. Former White & Case finance partners Maurice Allen and Mike Goetz had just spent a disastrous 18 months at Freshfields Bruckhaus Deringer before announcing that they would be fronting the Boston-based private equity firm’s London offering in 2009. The aftershock of the collapse of Lehman Brothers was in full effect and Allen and Goetz had failed in their quest to build a strong transactional banking practice at Freshfields to rival Clifford Chance and Allen & Overy.

Continue reading “Mike’s Mechanics”

Germany: Unsung heroes

Europe has been ravaged by the debt crisis and Germany has been far from immune, but the resilience of one segment of the economy is a boon to domestic law firms. Meet the Mittelstand

Germany’s hidden champions are keeping its law firms in the pink. While European law firms continue to feel the effects of the prolonged hangover caused by the eurozone crisis and general economic malaise, a number of German domestic law firms are seeing work pour in from German family-owned, small-to-medium sized businesses, the so-called Mittelstand.

Continue reading “Germany: Unsung heroes”

Is it a Law Firm?

Times they are a-changing. Meet the international law firms with hardly any offices, no trainees, and the bare minimum of overheads. Clients are waking up to a very real alternative.

When Ryan Stafford, general counsel (GC) and vice president at $700m-turnover US manufacturer Littelfuse, was looking for a team at short notice to handle a transaction in Scandinavia and the Baltics, he wasn’t afraid to think big. He wanted a firm that could move fast, with people on the ground around the world, and a single contact point that he could speak to pretty quick. The usual suspects dropped the ball.

Continue reading “Is it a Law Firm?”

On the Mend

When the credit crisis hit, leveraged finance lawyers were among the first to fall. They are still in the doldrums, but there’s light at the end of the tunnel. After some serious market reshaping, LB asks which firms will reap the rewards when the market finally returns.

To say that leveraged finance lawyers have had it tough in the last few years is the ultimate understatement. Some feel like they’ve been to hell and back.

Continue reading “On the Mend”