Linklaters

Linklaters LLP
Headquarters One Silk Street
London, UK
No. of offices 29 in 20 countries[1]
No. of lawyers 2,164[1]
No. of employees 4,765[1]
Key people Gideon Moore
Managing Partner
Charlie Jacobs
Senior Partner
Revenue £1.31 billion[2]
Profit per equity partner £1.45 million[2]
Date founded 1838
Company type Limited liability partnership
Website
linklaters.com

Linklaters LLP is a multinational law firm headquartered in London. It was founded in 1838 and is a member of the Magic Circle of elite British law firms. It currently employs over 2,000 lawyers across 29 offices in 20 countries.[1]

In 2016, Linklaters achieved revenues of £1.31 billion ($1.97 billion) and profits per equity partner of £1.45 million ($2.2 million),[2] making it the world's fourth highest-grossing law firm,[3] and the most profitable member of the Magic Circle.[4] In the UK, the firm has top-tier rankings across many practice areas, including corporate/M&A, capital markets, banking and finance.[5][6] Linklaters counts more FTSE 100 companies among its clients than any other law firm.[7] For direct deals by institutional investors in the first half of 2016, Linklaters tied for first place.[8] In the 2012 Global Elite Brand Index, Linklaters was named the third strongest global law firm brand.[9]

History

Linklaters was founded in London in 1838 when John Linklater entered into a partnership with Julius Dods.[10] The firm, initially known as Dods & Linklater, gradually developed a practice in corporate law, including advising on the creation of the Metropolitan Water Board.[11] On 4 May 1920, the firm, then known as Linklater & Co, merged with another renowned London firm, Paines Plythe & Huxtable,[12] which had been founded by a descendant of Thomas Paine.

For most the twentieth century, Linklaters & Paines was predominately a domestic corporate law firm, with only a small number of overseas offices. However, in 1998, Linklaters & Alliance was created in partnership with many of Europe's leading law firms, including De Brauw Blackstone Westbroek in Amsterdam, De Bandt van Hecke Lagae in Brussels, Loesch & Wolter in Luxembourg, Lagerlöf & Leman in Stockholm and Oppenhoff & Rädler in Germany.[13][14] Over the next five years, Linklaters & Paines merged with the last four of these Alliance firms, as well as several other European firms, in Belgium, Luxembourg, Sweden, Germany, Czech Republic and Poland. The firm opened new offices in Amsterdam, Bangkok, Beijing, Budapest, Bucharest, Bratislava, Lisbon, Madrid, Milan, Rome, São Paulo, and Shanghai. In 1999, amid this global expansion, the firm shortened its name to Linklaters.[15]

On 1 April 2005, after Japan enacted laws to allow certain international law firms to open law offices in the country, Linklaters created Japan’s first fully merged law firm practising Japanese, English and US law. Linklaters spun off its offices in Bratislava, Bucharest, Budapest and Prague into a separate firm, Kinstellar (an anagram of Linklaters) in 2007. Linklaters opened an office in Dubai in February 2006.[16] In the aftermath of the credit crunch in 2008, Linklaters cut 270 jobs in London, consisting of around 120 lawyers and 150 other staff.[17] This was reported to be part of managing partner Simon Davies' plan to become a smaller, more profitable organisation.[18]

On 1 May 2012, Linklaters entered into an alliance with top-tier Australian law firm Allens.[19] Allens and Linklaters operate two joint ventures in Asia: one focused on energy, resources, and infrastructure services, and another on Indonesia in collaboration with domestic firm Widyawan & Partners.[20] On 1 February 2013, the firm entered into an alliance with leading South African law firm Webber Wentzel.[21] The same year, Linklaters opened an office in Washington, D.C., its second North American office after New York City. In 2013, the firm launched in Seoul, South Korea.[22]

Offices

Linklaters was founded and remains headquartered in London. As of 2016, the firm has 29 offices across 20 countries throughout Asia, the Middle East, North America, South America and Europe.[23]

References

  1. 1 2 3 4 "Linklaters - About our business". Linklaters LLP. Retrieved 15 June 2013.
  2. 1 2 3 "Linklaters revenue rises 3.5% as PEP hits £1.45m". Legal Week. Retrieved 29 October 2016.
  3. "The Global 100: Most Revenue 2012". American Lawyer. Retrieved 15 June 2013.
  4. "The Global 100: Most Revenue 2012". American Lawyer. Retrieved 15 June 2013.
  5. "Chambers and Partners - Linklaters".
  6. "The Legal 500 > Linklaters LLP".
  7. "FTSE100 companies instructing specific law firms". Legal500. Retrieved 15 June 2013.
  8. "COMEBACK: Goldman Sachs Tops SWFI Financial Advisory League Table for H1 2016". Sovereign Wealth Fund Institute. 2016-07-06.
  9. "Sharplegal 2012 Global Elite Brand Index". Acritas. Retrieved 15 June 2013.
  10. "Passing the Flame". Linklaters and GM Toucari. 2013. p. 2. Retrieved 15 June 2013.
  11. "Passing the Flame". Linklaters and GM Toucari. 2013. p. 6. Retrieved 15 June 2013.
  12. "Passing the Flame". Linklaters and GM Toucari. 2013. p. 7. Retrieved 15 June 2013.
  13. "Passing the Flame". Linklaters and GM Toucari. 2013. p. 93. Retrieved 15 June 2013.
  14. "Law: The firm that wants to conquer the world". The Independent. 21 August 1998. Retrieved 15 June 2013.
  15. "Passing the Flame". Linklaters and GM Toucari. 2013. p. 134. Retrieved 15 June 2013.
  16. "Linklaters celebrates Dubai launch". AMEinfo.com. Retrieved 15 June 2013.
  17. "Linklaters: 270 London jobs to go". The Lawyer. 2009-01-29. Retrieved 15 June 2013.
  18. "Linklaters to axe up to 70 partners in massive shake-up". The Lawyer. 2009-01-23. Retrieved 15 June 2013.
  19. "AAR, Linklaters Agree on Alliance to Compete Internationally". Bloomberg. Retrieved 15 June 2013.
  20. "Allens and Linklaters form integrated alliance". Allens. Retrieved 15 June 2013.
  21. "Webber Wentzel to form alliance with leading global firm". Webber Wentzel. Retrieved 15 June 2013.
  22. "Linklaters transfers Hong Kong quartet for Seoul launch". The Lawyer. Retrieved 15 June 2013.
  23. "Linklaters - Contact us". Linklaters LLP. Retrieved 15 June 2013.

External links

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