Hogan Lovells has made further inroads in Latin America by tying up with leading Mexican firm Barrera, Siqueiros y Torres Landa (BSTL), constituting the firm’s 46th and 47th offices in Mexico City and Monterrey.
Herbert Smith Freehills launches German competition practice with hire of Taylor Wessing head Michael Dietrich
Herbert Smith Freehills (HSF) has moved one step closer to offering clients a full service out of its still fledgling German offices with the launch of local competition capability led by Taylor Wessing’s former regional practice head Michael Dietrich.
Squire Patton Boggs bolsters Asia presence with Tokyo merger
Newly-merged transatlantic firm Squire Patton Boggs has bolstered its presence in Tokyo by tying up with Japan-headquartered corporate boutique Mamiya Law Offices (MLO).
Revolving Doors: DLA hires in France and the US; Simmons grows Bristol; Gibson Dunn expands in Beijing and Hong Kong
International expansion last week saw DLA Piper hire Holman Fenwick Willan’s (HFW) Paris head of tax Hervé Israël and bolster its US practice with a double litigation partner hire from Greenberg Traurig, while Gibson, Dunn & Crutcher expanded in Beijing and Hong Kong. Closer to home, Simmons & Simmons bolstered its growing Bristol presence with the hire of Osborne Clarke corporate partner Patrick Graves.
Financial results 2013/14: Olswang suffers further drop in PEP to £490k with turnover up 7% to £117.6m
Olswang has reported mixed 2013/14 financial results with profit per equity partner (PEP) down 4%, following a double-digit drop last year, while revenue is up 7% to £117.6m.
Careers counsel for aspiring lawyers: Roche’s Funke Abimbola
Roche UK managing counsel Funke Abimbola (pictured) has embraced diversity in both her widely varied in-house activity and in her equally challenging voluntary work. Recognised as a leading healthcare and life sciences lawyer, she received the 2012 Association of Women Solicitors’ in-house award and most recently saw her team shortlisted for the 2013 in-house team of the year distinctions at the Legal Business Awards and Halsbury Legal Awards.
Reed Smith builds City finance practice with Pinsents REF partner Matthew Heaton
Reed Smith continues to piece together its City finance offering with a series of lateral hires, as Pinsent Masons partner Matthew Heaton becomes the latest to make the switch, joining the firm’s international real estate finance practice.
A&O and Davis Polk London line up on €7bn IPO of NN Group
Billed to be the largest initial public offering (IPO) in Europe to date this year, Allen & Overy (A&O) and the London office of Davis Polk & Wardwell are advising on the sale of up to 77m ordinary shares in NN Group, valuing the Dutch insurer at €7bn and bringing in proceeds of €2bn for ING.
Davis Polk promotes first City partner in five years
Davis Polk & Wardwell has made up its first London partner in five years with the promotion of corporate lawyer Reuven Young, in a further nod towards the investment the Wall Street firm is making in its City presence.
SRA votes to cut minimum PII cover from £2m to £500k despite fears over damage to legal brand
The Solicitors Regulation Authority (SRA) has voted to cut the minimum compulsory cover for professional indemnity insurance (PII) from £2m to £500,000 despite strong opposition from the Law Society and the City of London Law Society (CLLS) to the speed of change and lack of consultation with insurers.