Morgan, Lewis & Bockius has opened a Hong Kong office and broadened out its China offering, taking nine partners from Orrick, Herrington & Sutcliffe. Continue reading “‘Careful growth’: Morgan Lewis enters Hong Kong and expands in China with nine Orrick partners”
Four more years: Addleshaws elects Joyce for second term as managing partner
Addleshaw Goddard managing partner John Joyce has been re-elected uncontested for a second term as the firm continues its growth through mergers.
Continue reading “Four more years: Addleshaws elects Joyce for second term as managing partner”
‘Shared strategic objectives’: Weightmans in merger talks with Newcastle’s Ward Hadaway
National firm Weightmans is in merger talks with Newcastle-based Ward Hadaway, Legal Business can reveal, with both firms understood to have been in talks for the past year.
DAC Beachcroft signs up to new Legalign alliance to provide global client reach
DAC Beachcroft has signed up to a collaborative new insurance alliance, Legalign, along with three others: German firm BLD Bach Langheid Dallmayr, US firm Wilson Elser and Australian outfit Wotton + Kearney. Continue reading “DAC Beachcroft signs up to new Legalign alliance to provide global client reach”
‘A truly global caseload’: ICC figures show arbitration growth in LatAm and Asia in record year
The International Chamber of Commerce (ICC) has revealed record figures for new cases filed in 2016, with substantial increases in caseload for Latin America and South and East Asia. Continue reading “‘A truly global caseload’: ICC figures show arbitration growth in LatAm and Asia in record year”
‘The best possible deal’: Truss meets with the City’s top lawyers ahead of Brexit, promises another Global Summit
The City’s top lawyers have met with the Lord Chancellor to discuss the future of the industry ahead of Brexit negotiations. Continue reading “‘The best possible deal’: Truss meets with the City’s top lawyers ahead of Brexit, promises another Global Summit”
LLP latest: Scots deal adds £7m to Clydes bottom line as highest-paid member takes home £1.4m
Clyde & Co‘s highest-paid LLP member received £1.4m during the last financial year, while its merger with Simpson & Marwick brought in an additional £7m in profit in 2015/16.
CMS ends Slovakia alliance and sets sights on Bratislava opening
CMS‘ UK and Austrian member firms have called time on their alliance with Slovakian law firm Ruzicka Csekes, with plans to open a Bratislava office later this year.
Continue reading “CMS ends Slovakia alliance and sets sights on Bratislava opening”
KWM 2.0 moves into new offices as administrators begin investigation into collapsed business
King & Wood Mallesons‘ (KWM) new business in London, comprising seven partners, has today (20 January) moved into new offices on the 4th floor of St Martins Court, 5 Cheapside in the City. Continue reading “KWM 2.0 moves into new offices as administrators begin investigation into collapsed business”
Q&A: Ropes’ private equity player Phil Sanderson on US firms, Travers Smith and Maurice Allen
Legal Business discusses working in a US firm and predictions for the market with Ropes & Gray‘s star private equity partner Phil Sanderson. Continue reading “Q&A: Ropes’ private equity player Phil Sanderson on US firms, Travers Smith and Maurice Allen”
Nick Thomas wins uncontested ballot for another five-year term as Kennedys’ senior partner
Insurance specialist Kennedys‘ longstanding senior partner Nick Thomas has been re-elected to serve a fifth five-year term. It is understood that the election was held this week and Thomas (pictured) was elected unopposed. His new term commences February 2017. Continue reading “Nick Thomas wins uncontested ballot for another five-year term as Kennedys’ senior partner”
Squires former leader Crossley steps into disputes role as LLPs reveal 13% profit boost for Europe
Squire Patton Boggs former Europe and Middle East managing partner Peter Crossley has returned to his old beat as a litigator, heading up the firm’s international disputes practice in London. Continue reading “Squires former leader Crossley steps into disputes role as LLPs reveal 13% profit boost for Europe”
Addleshaws settles £5m arbitration against former partner
Management at Addleshaw Goddard has settled arbitration proceedings against former head of real estate Mark Haywood, two years after he quit for Nabarro. Continue reading “Addleshaws settles £5m arbitration against former partner”
BLP LLPs reveal top pay reduced as firm invests £6m in Australian resourcing business
Berwin Leighton Paisner (BLP) posted a 2% drop in revenue and profitability while paying £6.25m for its 50% stake in flexible legal resourcing business AdventBalance, according to the firm’s latest filings with Companies House. Continue reading “BLP LLPs reveal top pay reduced as firm invests £6m in Australian resourcing business”
‘Serious issues’: City lawyers raise concerns as MoJ pushes ahead with corporate liability reform
Top City lawyers have outlined their concerns as the Ministry of Justice (MoJ) pushes ahead with law reform for corporate liability for economic crime. Continue reading “‘Serious issues’: City lawyers raise concerns as MoJ pushes ahead with corporate liability reform”
KWM’s global chair sets out plans for new European business after SJ Berwin collapse
King & Wood Mallesons (KWM) announced today (18 January) that it has already established a new business presence with 30 partners in the UK, Europe and the Middle East, effective immediately. The statement comes after legacy practice SJ Berwin went into administration yesterday. Continue reading “KWM’s global chair sets out plans for new European business after SJ Berwin collapse”
RPC splashes more than £3.5m on software for loss making consulting arm, LLPs reveal
RPC’s consulting arm will spend more than £3.5m on its acquisition of Cambridge software company Marriott Sinclair, purchased in July 2015. Continue reading “RPC splashes more than £3.5m on software for loss making consulting arm, LLPs reveal”
Orrick takes Olswang Paris head ahead of three way merger
Olswang‘s Paris head Guillaume Kessler has left the soon-to-be-merged firm in favour of Orrick, Herrington & Sutcliffe.
Continue reading “Orrick takes Olswang Paris head ahead of three way merger”
It’s over: King & Wood EUME moved into administration in Europe’s largest-ever legal collapse
Almost three months after King & Wood Mallesons‘ (KWM) European arm halted a recapitalisation programme that would ultimately fail, the legacy SJ Berwin partnership, which has been carrying more than £30m in debt, has moved into administration. Continue reading “It’s over: King & Wood EUME moved into administration in Europe’s largest-ever legal collapse”
Norton Rose turns to PwC veteran Berriman as chief operating officer exits after two years
Transatlantic firm Norton Rose Fulbright (NRF) has hired former PwC board member John Berriman to join its board as its new global chief operating officer. Continue reading “Norton Rose turns to PwC veteran Berriman as chief operating officer exits after two years”