Briefings

Freshfields Strikes Again With Another Wall Street Rainmaker

Keithhallam lawfuel

Freshfields has continued its seemingly relentless Wall Street recruitment drive, hiring leading M&A partner Keith Hallam in New York from White & Case. Hallam previously spent almost a decade at Cravath, where he built a reputation advising on some of the market’s biggest corporate transactions before joining White & Case in 2022. His arrival further

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Former Cooley Compensation Law Expert Joins Baker McKenzie in Palo Alto

Jeffgoldman

Former Cooley compensation lawyer Jeff Goldman has joined Baker McKenzie in the firm’s Palo Alto office, boosting the firm’s employee benefits and compensation team. Baker McKenzie’s media announcement about the appointment is below – Leading global law firm Baker McKenzie announced today that Jeffrey (Jeff) Goldman has joined the Firm as a partner in its

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Former ANZ CEO Abandons Court Fight Over Unpaid Bonus as Board Holds the Line

Anz shayneelliott

Former ANZ chief executive Shayne Elliott has dropped his legal case against the bank over an alleged A$13.5 million unpaid bonus, ending one of the most closely watched boardroom fights over executive pay and misconduct fallout in Australia’s banking sector. ANZ has confirmed that the proceedings were discontinued without any settlement or additional payment to

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The Great BigLaw Heist. How Private Equity Is Buying Law Firms Through the Back Door

Lawfirm privateequity

Private equity can’t own a US law firm. So it bought everything else — and 2026 is the year the profession worked out that this was not a hypothetical. Ben Thomson, LawFuel contributing editor For decades the answer to “can outside investors own a piece of your law firm?” was a flat no, and the

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Sayonara Karim – Karim Khan’s Last Case: Himself

Karimkhan

Karim Khan has discovered what “accountability” feels like when you’re the one being held to it. The International Criminal Court’s chief prosecutor, who made a career intoning about the rule of law and the transgressions of Israel, has been fired for his own alleged transgressions. Even more surprising is the firing was found by the

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Clifford Chance Announces Record Financial Performance

Cliffordchance

22, July 2026 Clifford Chance has announced record financial performance, for the year ended 30 April 2026. FY26 Financial highlights: Charles Adams, Global Managing Partner said: “These record results reflect the trust that clients place in us for their most critical cross-border matters. In an increasingly complex and fragmented geopolitical environment our connected global expertise combined with sector

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Solid PEP Growth and Integration Success Mark Promising Start for Transatlantic Giant

Justin Herbertsmithmerger

Merged firm delivers on strategy HSF Kramer has posted robust first-year results following its high-profile merger, reporting global revenue of $2.4 billion (£1.8 billion) for the financial year ending 30 April 2026. The figures cover a full 12 months of legacy Herbert Smith Freehills performance alongside 11 months of legacy Kramer Levin, following the combination

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Legal AI News – Willkie Teams Up with OpenAI to Accelerate Firmwide AI Innovation and Proprietary Platforms

Thomas cerabino lawfuel

OpenAI will help power the next generation of AI solutions developed through Willkie Works, the firm’s AI and innovation organizationNew York, NY (July 22, 2026) – Willkie today announced a collaboration with OpenAI that will accelerate the development and deployment of next-generation artificial intelligence solutions across the firm’s legal and business operations, including a firmwide

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Merger Mayhem As New Firm Feels The Heat With Aircon Collapse

Heatwavelondon

The newly merged Hogan Lovells–Cadwalader outfit hit an unexpected snag last week in London one measured in degrees rather than deal value. Staff at Atlantic House have been told to work remotely for at least two weeks after a total air conditioning failure sent office temperatures soaring past 30°C, with some reports suggesting highs of

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The Barrister, The Gangster and the Hitman . . And the Impending Jail Term

Samreen1

For years, Samreen Akhtar embodied the legal profession’s favourite narrative. The daughter of a Huddersfield mechanic from a Pashtun family, she was showcased by the Bar Council as a social mobility advocate and hailed as one of the brightest new criminal barristers on the circuit, building a career defending clients accused of serious offences. Now,

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