‘There’s a lot of money in Chicago’ – the city’s top lawyers on what’s driving business in the Midwest

Chicago

Following last month’s release of Legal 500’s first US city elite rankingsLegal Business checked in with the newly ranked Chicago lawyers to learn more about the city’s legal market from the perspective of top regional and national firms.

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‘A big space to attack’ – how shifting markets are opening up opportunities for firms across the UK

When talking to managing partners at law firms based across the UK, one thing is clear – there’s no shortage of challenges for them to contend with.

Whether it’s keeping their staff happy, competing for quality work, or staying on top of client priorities, law firm leaders have their hands full.

But while they juggle all these challenges, shifting dynamics in the major legal markets across the UK mean that new opportunities are emerging for national and regional players, as a tier of firms long viewed as the national elite increasingly turn their attention to the international arena.

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‘A clear shift toward fewer but larger deals’ – mega-deals fuel growth as partners predict 2025 M&A trends

Shaking hands over briefcase

Leading M&A partners are predicting an increase in deal activity in 2025 driven by sectors including tech, financial services and private capital, as full year M&A legal adviser rankings from the London Stock Exchange Group (LSEG) highlight the increasing influence of top US firms on the market.

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‘Everyone will be watching’: disputes partners pick out the trends to watch for 2025

If there’s one thing litigators aren’t disputing, it’s that workflow is not likely to drop as we settle into 2025.

Activity in the UK dispute resolution market ‘is showing no signs of abating’, says Paul Lewis, joint managing partner of Herbert Smith Freehills’ global disputes practice. He maintains that with litigation remaining one of the country’s top exports, the market is set to stay busy. ‘The reputation of the English Courts continues to be at an absolute high’, he says, making the UK an attractive place for both claimants and litigation funders.

Investor-related disputes are a key driver for the steady uptick in claims, suggests Oliver Middleton, chair of the London litigation and trial department at Latham & Watkins. He points out that the increasing sophistication of investors has resulted in ‘a lean towards a US-style approach to litigation, which involves parties using it as a tool rather than as something to avoid.’

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Five partners vie to succeed Hoyland as Simmons managing partner

Jeremy Hoyland

Jeremy HoylandSimmons & Simmons has begun the process of electing a new managing partner, with the firm confirming that it expects to choose a successor to longstanding leader Jeremy Hoyland in March.  The successful candidate will take up the post when Hoyland steps down at the end of April.

Five Simmons partners are understood to be in contention for the upcoming election, with four based in London and one in Paris. All five are practice heads. Continue reading “Five partners vie to succeed Hoyland as Simmons managing partner”

Former Freshfields senior partner among recipients in New Year Honours List

Former Freshfields senior partner Edward Braham is among the legal practitioners to have been recognised in the 2025 New Year Honours List.

Braham, currently chair of investment advice company M&G, was senior partner at Freshfields  between 2016 and 2020 and also served as global head of corporate during his 26 years at the firm. He has received a knighthood for services to corporate law and to business. Continue reading “Former Freshfields senior partner among recipients in New Year Honours List”