Fieldfisher has announced a tie-up with Chinese boutique firm JS Partners. The merger is effective today (15 November) and will operate under a Swiss verein structure, as JS Partners adopts the Fieldfisher brand.
Continue reading “Fieldfisher latest to boost Chinese presence with JS Partners tie–up”
Sidley Austin‘s London office is advising as the Bank of Cyprus prepares to list on the London Stock Exchange (LSE). Continue reading “Sidley Austin continues work for Bank of Cyprus with FTSE listing”
Following failed merger talks with Maclay Murray & Spens, Addleshaw Goddard is making another play for the Scottish market, seeking to acquire HBJ Gateley‘s three Scottish offices in Aberdeen, Edinburgh and Glasgow. Continue reading “Updated: Addleshaws confirms merger plans with HBJ Gateley”
In this week’s round-up of lateral appointments, Clifford Chance (CC) and RPC have added to the benches in Hong Kong, while Dentons has hired in Europe and Lawyers on Demand’s (LOD) Jonathan Brenner has taken on a new part-time role at Keystone Law.
As the European and Middle East partnership of King & Wood Mallesons considers a rescue plan to stabilise the business, Legal Business can reveal the firm has made a cash call to salaried partners, and guaranteed minimum earnings to equity partners.
In a rare move, White & Case has hired Macfarlanes competition and EU head Marc Israel after 15 years at the firm. Continue reading “Another defection from Macfarlanes as competition head moves to White & Case”
Nabarro has more than halved its pension deficit from almost £31.9m to £12.2m, according to its latest LLP filing for the year ending April 2016.
Continue reading “Nabarro slashes pension deficit ahead of three-way merger, LLPs reveal”
City lawyers are emphasising the importance of access to justice following the government’s announcement Lord Justice Jackson is to head up a new review of fixed recoverable costs early next year. Continue reading “City lawyers express concern as Lord Jackson is appointed to new review of court costs”
Eversheds has advised Legal & General Group on the largest pensions risk transfer of 2016 as the insurer takes on £1.1bn of the Vickers Group Pension Scheme. Continue reading “Eversheds and Linklaters act as L&G finalises biggest pensions buyout of the year”
Milbank, Tweed, Hadley & McCloy has taken on a three-partner team from Allen & Overy (A&O) in New York, including the firm’s US senior partner Kevin O’Shea. Continue reading “‘One of the top teams’: Milbank takes A&O US senior partner in real estate group hire”
European partners at beleaguered King & Wood Mallesons (KWM) have been given a lifeline by the Asia partners at the firm, who have agreed to stump up cash in exchange for a lock-in and a capital contribution.
Continue reading “£14m and a 12-month lock-in: Asia lays out terms of KWM bailout package”
LB 100 firm BLM has confirmed it will axe 19 out of 40 business support roles in Leeds as it downsizes and relocates in the city.
Continue reading “BLM to cut almost half of support staff in Leeds in ongoing restructuring”
There is a school of thought that the late 1980s and early 1990s proved singularly fertile ground for developing outstanding corporate lawyers. You can see the logic. The deregulation of Big Bang ushered in fresh investment, players and techniques and unleashed a wave of activity to be swiftly followed by the early 1990s’ recession. Continue reading “Comment: Turbulence to shape next generation of M&A stars”
King & Wood Mallesons (KWM) global managing partner Stuart Fuller has stepped down from his leadership role as the firm meets today to hear a proposal to stabilise its European business. Continue reading “Crunch time for KWM as partners meet over Chinese bailout deal”
Rio Tinto legal executive Debra Valentine has stepped down from her role, after having previously notified the company of her intention to retire in May 2017. Continue reading “Stepping down: Rio Tinto legal head to exit amid payments investigation”
Slaughter and May announced today (10 November) that finance partner Paul Stacey is to be the firm’s new executive partner. He will take on the role as of May 2017, for a five year term. Continue reading “Finance partner takes executive partner role at Slaughter and May”
Fieldfisher has merged with Birmingham practice Hill Hofstetter in a deal that will add £6m to its top line. Continue reading “Fieldfisher acquires Birmingham presence with £6m boutique takeover”
Just a day after the US elected Donald Trump as its new president, New York and Washington firms Kaye Scholer and Arnold & Porter have today (10 November) announced a combination to create a $1bn firm, the largest combination of US firms so far this year. Continue reading “The $1bn club: Arnold & Porter and Kaye Scholer confirm merger”
The highest take-home pay at Dechert‘s City office rose by nearly 9% last year to £2.9m, while income at the firm’s City office slid by 10%.
After being the first known firm to freeze pay after the Brexit vote, Berwin Leighton Paisner (BLP) has gone ahead with salary reviews. Continue reading “‘Back to the usual timeline’: BLP latest to thaw pay freeze”
