Dossier
Magic Circle
Coverage of Magic Circle in the Nexus archive.
- Linklaters partners handed record £2.5mn payday as Asia business booms
Linklaters partners received a record £2.5 million payout due to increased business in Asia, particularly Hong Kong listings, and growth in the US. The 'magic circle' law firm attributes the bumper payouts to these regional successes.
- UK law firm Linklaters sought to merge with Cleary Gottlieb
UK law firm Linklaters attempted to merge with Cleary Gottlieb earlier this year but was rejected. Cleary, more profitable with higher profit per equity partner, is pursuing a 'strategically aggressive growth strategy.' The article highlights a broader trend of mergers among top law firms driven by international expansion, AI investment, and cost-cutting pressures.