Catherine Cooper-White’s Post

Extremely happy to share the below! Our strong network means we are able to leverage our successes and expertise in everything related to private capital and credit in more developed markets, such as the USA, into the MENA region, which has its own nuances. We are well equipped to assist stakeholders in navigating complex funding matters that arise by virtue of the jurisdictions we practice in and devise bespoke (and sometimes hybrid) structures that best works for the relevant parties. Private capital has a crucial role to play in our region and we expect it to continue to grow, and complement (not replace) existing more traditional funding avenues for parties such as bank debt.

Kasvi Sehgal: - Nearly all the people interviewed felt Paul Hastings was operating at the top of the market for receiving designated mandates. One person with knowledge of the firm’s mandates said that it had launched or closed around 20 significant deals since the beginning of the year and “a high proportion of them were designated”. - Latham & Watkins, Allen & Overy and Proskauer Rose were also frequently named as firms that receive private equity mandates through designations. - Several top private equity and finance partners mentioned turning to Linklaters and Milbank, while some of them highlighted that the firms were particularly close with Kirkland & Ellis and Paul Weiss. -Some finance partners at top U.S. firms customarily using the designation model shared that they had also appointed Cravath, Swaine & Moore and White & Case as counsel on transactions as well, with one lawyer acknowledging Cravath as “new entrants” in the market. https://loom.ly/pcllpyA

Following my article for PM Forum on 'Private equity and directories - Are lawyers paying the price', Justin Wise, reporter at Bloomberg Law deep dives behind the lucrative #legalranking industry which is gaining more critics as it is getting bigger. The feature includes observations by Chambers' CEO Tim Noble. See what you think about what he has to say. https://lnkd.in/es6zqeTb

IP and Patent litigation continue to be some of the most profitable forms of litigation, and business is booming

Dynamic changes are unfolding in Big Law! Elite New York firms are leading the charge into the 'free agent era' of Big Law, reshaping traditional paradigms. Discover how they're navigating this evolving landscape in this article: Do you want to stay informed with the latest information in the M&A and Investment Funds markets, don't hesitate to reach out: 📞 917 456 8408 ✉ niels.vaartjes@astral-legal.com https://lnkd.in/d3WzHVXi

It’s not just resilience – it’s being adaptable when you need to make change. Overall in 2023, AmLaw100 firms rebounded from a tough 2022. But the most successful firms in those ranks did it not by sticking just to what worked in the past but by pivoting and altering their approach, including to: * Shrink equity partner tiers to help increase PEP * Expand non-equity partnership ranks – or add a non-equity tier for the first time – both to provide a path to partnership sooner for some attorneys and to allow others to keep their titles when de-equitized * Part ways with attorneys at all levels who experienced a decline in demand for their services and/or could not demonstrate an ability to bring in client work * Focus on revenue but not at the expense of choosing and seeking the most profitable work in strategic practices – revenue was up 6.8% but PEP increased 9.3% * Raise billing rates an average of 8.6% *Ensure a blend of practices which could sustain financial strength overall when certain areas of work were adversely affected by a challenging global economy Many of these steps seem like obvious ones for firms determined to keep on a financial growth trajectory – but several of them were new paths, including for some firms that were already pretty established and well-positioned in the market. Change is happening more rapidly in the legal industry, and it's affecting both law firms and their individual attorneys. Are you prepared for how you need to modify your practice in light of how your firm is changing? #biglaw #lawfirms #amlaw100 #amlaw200 #lawfirmstrength #lawfirmleadership #lawfirmsuccess #attorneyatlaw #lawyer #lawyercoaching #lawyercoaching #resilience #adaptability

The 2024 A-List: Top 20 Firms Is Here! Check out the latest rankings of the top law firms based on revenue per lawyer, pro bono work, diversity, and associate satisfaction. This year, Munger, Tolles & Olson LLP holds the top spot, followed by Ropes & Gray LLP, WilmerHale and Morgan, Lewis & Bockius LLP. 🔍 Explore the full list and details here: https://ow.ly/kebf50ST8gP #LawFirms #Law #AList #Top20LawFirms

A day that most law firm pen collectors can only dream about. We are in the Magic Circle!! Special thanks to the legend that is Pieter van Rooyen for acquiring this one. Even greater thanks to Adrian Levy @ Clifford Chance for his understanding! I would imagine "Can I have one of your firm's pens please? Its my colleagues thing on LinkedIn", was probably not an expected item on the meeting agenda. Need to start the business plan for 2025! #PenCollecting #LawFirm #LegalRecruitment AJ Chambers ®

Shareholders Marina Olman-Pal and Erika Litvak were quoted in a Daily Business Review article titled "Latin American Wealth Spurs Boom for Miami Lawyers." 💻 Read the article here: https://buff.ly/3UBe9Ga. #GTInTheNews #GTLawWomen #GTKnowsLatAm #TaxLaw #FinReg #Compliance #GTMiami #GTFlorida

Travers Smith's Latest Exodus May Be A Red Flag For Strategy Travers Smith LLP has seen another spate of partner departures, leaving legal industry experts questioning the City stalwart's strategic direction and the long-term viability of independent law firms banking on private equity clients. In less than two weeks, the firm has seen the exit of four senior partners from key practices like M&A, finance and private equity. And though the firm had seen a lull in departures before the latest string of exits, since September 2022 Travers has faced notable attrition. Indeed, for 2023, the firm lost more partners to rivals ranging from the Magic Circle and other major U.K. players to Big Law giants from the U.S. looking to bulk up in London, according to numbers compiled by legal recruiter Edwards Gibson. This article was published exclusively on Law360 UK Pulse. The UK edition of Law360 UK Pulse is the go-to source for news about the business of law, providing real-time coverage on the most critical issues affecting the legal industry today such as regulation of the industry, legal ethics and malpractice.  Law360 UK Pulse expands upon the Law360 UK practice of law offering, delivering daily news on the most important topics lawyers, business development teams and law firms need to stay on top of issues, safeguard clients and sharpen their competitive edge. To understand the value Law360 UK can bring to you and your colleagues please connect with me for an initial consultation. #BusinessofLaw #LegalIndustry #Retention #Departures Phone: 07552 882 850 Email: nicholas.mitchell@lexisnexis.co.uk