Marialuisa Taddia

Sullivan & Cromwell LLP said Thursday that it has hired the co-head of Weil Gotshal's London office as well as another mergers and acquisitions partner, amid a series of senior departures from Weil on both sides of the Atlantic.

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Limited liability partnerships are still the structure of choice for law firms trying to keep pace with a London lateral market that shows little sign of slowing, even after a recent ruling by the U.K. Supreme Court raised fresh questions about tax and governance for those using the model.

Pinsent Masons LLP said Thursday that it has elected a financial services specialist as its next senior partner as the firm navigates a period of increased regulatory scrutiny.

Clifford Chance said Wednesday that partnership profits topped £1 billion ($1.3 billion) for the first time, helped by a recovery in dealmaking and growth in the U.S., as the firm continued to expand in the world's largest legal market.

Carter-Ruck's upcoming challenge to the Solicitors Regulation Authority's demand for documents that the law firm says are protected by legal professional privilege could reshape how the SRA investigates SLAPPs and the misuse of client funds — even if the regulator wins.

Ashurst LLP and Perkins Coie LLP said Monday that their merger has gone live, creating a transatlantic law firm with combined revenue of around $2.8 billion.

Legal AI startup Legora is moving to consumption-based pricing for its new Agent Pro product, reflecting a broader industry shift from flat subscriptions to usage-based billing.