Everyone wants to be Simpson Thacher’s friend

London has become the biggest referral market in the world - and the Brits are nowhereThe rise and rise of American firms in London’s private equity market – and the challenge that has presented to UK firms - has been well documented, particularly here at The Lawyer. But their increasing dominance is now also threatening UK firms across Europe, as European relationships in London start migrating to US firms.On this episode of The Lawyer Podcast, international editor Alex Taylor and director of insight Matt Byrne join Catrin and Christian to explore the changing dynamics of London’s lucrative relationship with Europe, and what UK firms are doing to get their own back in the US.

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Hosted by editor Catrin Griffiths and litigation editor Christian Smith, every second Thursday The Lawyer Podcast brings you our take on the top stories, trends and views moving the legal market.For more news, analysis and data, go to www.thelawyer.com. The Lawyer Podcast can be contacted at [email protected].