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Linklaters
Linklaters
HeadquartersLondon, EC2 United Kingdom
No. of offices30[1]
No. of lawyers2,900[1]
No. of employees5,340[1]
Key people
  • Gideon Moore (Managing Partner)
  • Charlie Jacobs (Senior Partner)
Revenue£1.63 billion[2]
Profit per equity partner£1.7 million[2]
Date founded1838
Company typeLimited liability partnership
Websitelinklaters.com

Linklaters LLP is a multinational law firm headquartered in London. Founded in 1838, it is a member of the "Magic Circle" of elite British law firms. It currently employs over 2,900 lawyers across 30 offices in 20 countries.[1]

In financial year 2018/19, Linklaters achieved revenues of £1.63 billion ($2.2 billion) and profits per equity partner of £1.7 million ($2.2 million).[2] In the UK, the firm has top-tier rankings across many practice areas, including corporate/M&A, capital markets, litigation, banking and finance, restructuring and insolvency, antitrust and tax.[3][4] In 2017, Linklaters was ranked third, tied with Eversheds Sutherland, for FTSE 100 clients.[5] For direct deals by institutional investors in the first half of 2016, Linklaters tied for first place.[6] In the 2012 Global Elite Brand Index, Linklaters was named the third-strongest global law firm brand.[7]

History

Linklaters was founded in London in 1838 when John Linklater entered into a partnership with Julius Dods.[8] The firm, initially known as Dods & Linklater, developed a practice in corporate law, including advising on the creation of the Metropolitan Water Board.[9]

On 4 May 1920, the firm, then known as Linklater & Co, merged with another renowned London firm, Paines Plythe & Huxtable,[10] which had been founded by a descendant of Thomas Paine.

For most of 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.[11][12] 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.[13]

On 1 April 2005, after Japan enacted laws to allow certain international law firms to open 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. In the aftermath of the credit crunch in 2008, Linklaters cut 270 jobs in London, consisting of around 120 lawyers and 150 other staff.[14] This was reported to be part of managing partner Simon Davies' plan to become a smaller, more profitable organisation.[15]

On 1 May 2012, Linklaters entered into an alliance with top-tier Australian law firm Allens.[16] 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.[17]

On 1 February 2013, the firm entered into an alliance with leading South African law firm Webber Wentzel.[18] Linklaters also has a best-friend arrangement with Talwar Thakore & Associates, a leading Indian law firm.[19]

Offices

Linklaters was founded and remains headquartered in London. As of 2017, the firm has 30 offices across 20 countries throughout Asia, the Middle East, North America, South America, and Europe.[20]

See also

References

  1. ^ a b c d "Linklaters - About our business". Linklaters LLP. Archived from the original on 20 October 2014. Retrieved 15 June 2013.
  2. ^ a b c . Legal Business falls in Linklaters' favour as partner profits shoot up 10% and £100m added to top line https://www.legalbusiness.co.uk/blogs/dice-falls-in-linklaters-favour-as-partner-profits-shoot-up-10-and-100m-added-to-top-line/title=Dice falls in Linklaters' favour as partner profits shoot up 10% and £100m added to top line. Retrieved 17 July 2018. {{cite news}}: Check |url= value (help); Missing or empty |title= (help)[permanent dead link]
  3. ^ "Chambers and Partners - Linklaters".
  4. ^ "The Legal 500 > Linklaters LLP". Archived from the original on 29 August 2014. Retrieved 14 June 2013.
  5. ^ "The top 10 law firms with the most FTSE 100 clients". 8 December 2017.
  6. ^ "COMEBACK: Goldman Sachs Tops SWFI Financial Advisory League Table for H1 2016". Sovereign Wealth Fund Institute. 6 July 2016. Archived from the original on 23 October 2016. Retrieved 23 October 2016.
  7. ^ "Sharplegal 2012 Global Elite Brand Index". Acritas. Retrieved 15 June 2013.
  8. ^ "Passing the Flame". Linklaters and GM Toucari. 2013. p. 2. Retrieved 15 June 2013.
  9. ^ "Passing the Flame". Linklaters and GM Toucari. 2013. p. 6. Retrieved 15 June 2013.
  10. ^ "Passing the Flame". Linklaters and GM Toucari. 2013. p. 7. Retrieved 15 June 2013.
  11. ^ "Passing the Flame". Linklaters and GM Toucari. 2013. p. 93. Retrieved 15 June 2013.
  12. ^ "Law: The firm that wants to conquer the world". The Independent. 21 August 1998. Retrieved 15 June 2013.
  13. ^ "Passing the Flame". Linklaters and GM Toucari. 2013. p. 134. Retrieved 15 June 2013.
  14. ^ "Linklaters: 270 London jobs to go". The Lawyer. 29 January 2009. Retrieved 15 June 2013.
  15. ^ "Linklaters to axe up to 70 partners in massive shake-up". The Lawyer. 23 January 2009. Retrieved 15 June 2013.
  16. ^ "AAR, Linklaters Agree on Alliance to Compete Internationally". Bloomberg. Retrieved 15 June 2013.
  17. ^ "Allens and Linklaters form integrated alliance". Allens. Archived from the original on 20 May 2013. Retrieved 15 June 2013.
  18. ^ "Webber Wentzel to form alliance with leading global firm". Webber Wentzel. Archived from the original on 18 May 2013. Retrieved 15 June 2013.
  19. ^ "Archived copy". Archived from the original on 27 June 2018. Retrieved 27 February 2018.{{cite web}}: CS1 maint: archived copy as title (link)
  20. ^ "Linklaters - Contact us". Linklaters LLP. Archived from the original on 8 July 2013. Retrieved 15 June 2013.
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