Big Law

Can the Magic Circle’s Most Profitable Firm Survive Its Own Success?

Big Law, Headlining, UK Law /
Slaughter & May future - LawFuel

Slaughter and May’s Billion-Dollar Dilemma – Expand or Perish John Bowie, LawFuel publisher Slaughter and May, a member of the UK’s elite Magic Circle, has proudly charted a different course to its contemporaries. Rebuffing endless international expansion and a bigger partnership, it has maintained a tightly-knit operation. But is it sustainable?  Where Slaughters’ rivals have […]

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Reed Smith Recognized As Leading Firm by Private Equity 2025 Analysis

Big Law, Press Releases /
law firm tie-up

NEW YORK – Global law firm Reed Smith has been recognized by Thomson Reuters as having one of the highest levels of awareness among private equity decision-makers in the United States, according to the organization’s Private Equity 2025 Analysis. The report also noted that U.K.-based private equity funds recognize Reed Smith as a leading firm for

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Carping at Brad – How Paul Weiss’s Chairman Got Pro Bono Heckles

Big Law, Featured, US Law /
Bradkarp trump

The Paul Weiss Heckle Evening Brad Karp, chairman of Paul Weiss, found himself on the business end of vocal hecklers during the New York Bar Foundation gala as he valiantly defended his firm’s pro bono track record after the firm agreed to represent Donald Trump. The evening, intended to honor a Paul Weiss partner, quickly

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Saudi Market Lures BigLaw with Cash, Contracts and Headaches

Big Law, Headlining, US Law /
Saudi Arabia Work

Riyadh Rising For Big Law Ben Thomson, LawFuel contributor In the kind of year when seismic regulatory shifts and eye-popping economic ambition collide, 2025 has positioned Saudi Arabia as the world’s most coveted legal hot spot. Heavyweights like Reed Smith, Morgan Lewis & Bockius, Trowers & Hamlins, and Stephenson Harwood have placed big bets on

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Luxury Expenses Claims Dog Pogust Goodhead

Big Law, Headlining, UK Law /
Goodhead1

Private jets, yachts and lavish spending are some of the claims against Thomas Goodhead, co-founder of Pogust Goodhead who is now at the center of one of the most significant governance crises in modern UK law firm litigation, according to a Times report.

Pogust Goodhead (former SPG Law) secured a £450 million debt facility and is now seeing its co-founder CEO ousted before its headline case reaches judgment.

Thomas Goodhead co-founded Pogust Goodhead with U.S. class action veteran Harris Pogust, propelling the firm into the big league in 2023 when it secured a reported £450 million investment . . . log in to read more

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Etiquette 101 for Kirkland & Ellis – How to Say Please

Big Law, Headlining /
Training Kirkland & Ellis lawyers - LawFuel

Kirkland & Ellis and the Fine Art of Saying Sorry Without Saying Sorry Norma Harris, LawFuel contributor The planet’s most profitable law firm, Kirkland and Ellis, has decided its famously steely negotiation style could do with a coat of polish. The firm, long the darling (and occasional demon) of private equity clients, apparently received the clearest

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What’s Behind The BigLaw Litigation Hiring Surge?

Big Law, Briefings, Headlining /
BigLaw litigation - growth stats, LawFuel

The masters of the M&A universe are discovering what the rest of us have known all along – that litigation pays, and it doesn’t evaporate when the dealmakers take a sabbatical.​

Fresh data from Bloomberg Law reveals that some of the legal industry’s most ludicrously profitable firms, the ones that built fortunes advising private equity titans, are now scrambling to stockpile litigators like they’re preparing for the apocalypse.

Four heavyweights – Kirkland & Ellis, Paul Weiss, Davis Polk, and Paul Hastings – have inflated their litigation benches by at least 22 percnt since early 2024. It is noteworthy that these are firms that climbed to the top of the profitability charts primarily by perfecting the art of billing seven figures for corporate transactions, not courtroom combat.

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Targeting Rich UK Lawyers in New “Lawyer Tax”

Big Law, Headlining, Law Firms, UK Law /

UK Chancellor Reeves Aims Her Sights on Lawyers & Others Ben Borman, LawFuel contributing editor UK Chancellor Rachel Reeves is eyeing roughly £2 billion a year by slapping employer-style National Insurance contributions (NICs) on members of LLPs, that’s lawyers, accountants and anyone else who looks suspiciously well-remunerated.​ Under the current regime, LLP members are taxed

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Clifford Chance Take 15-Strong Disputes Team in Germany

Big Law, Lawyers, Press Releases /

Clifford Chance is boosting its class action capability in Germany with the recruitment of a 15 strong team in Germany, lead by partner Alexandra Diehl. The recruitment move follows other recent partner hires to the Clifford Chance disputes practice in Australia, Spain, Italy and the US.  Diehl formerly worked at the firm before joining White

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Why Is The World’s Richest Law Firm So Quiet About Its New Partners?

Big Law, Headlining, US Law /

The Silence of the Partners Tom Borman, LawFuel contributing editor Kirkland & Ellis, the world’s top-grossing law firm, is playing it close to the vest again, this time with its new partner class. Being loud does not pay like discretion, apparently. As reported by AboveTheLaw, the firm has yet to formally announce or publicly list

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