Cleary taps A&O for Frankfurt M&A hire as US law firms sustain Euro push

Top 25 Global law firm Cleary Gottlieb Steen & Hamilton  has bolstered its ranks in Frankfurt with the hire of corporate partner Michael Ulmer from Allen & Overy (A&O), the second German partner to quit the City firm this week.

Ulmer had joined A&O as a partner in 2006 from elite German independent Hengeler Mueller. His client portfolio includes leading German corporates, Mittelstand companies, and domestic and international financial and strategic investors.

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‘Adapt or die’ – K&L’s outspoken chief Kalis to stand down after 20 years at the helm of US giant

He has been one of the longest-serving and most outspoken law firm leaders in the conservative US legal market but Peter Kalis, the veteran head of K&L Gates, has confirmed that he is to finally step down after two decades running the US law firm.

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Tchenguiz brothers’ legal bill hits £5.1m in court battle against Grant Thornton

The drawn-out legal battle between property billionaires, Vincent and Robert Tchenguiz, and those they hold responsible for the Serious Fraud Office (SFO)’s botched investigation into their business dealings has proved a costly affair. It has emerged they have already paid out a collective £5.1m legal bill to date in their £3bn litigation against Grant Thornton and others, surpassing the SFO’s £4.5m settlement to the pair two years ago.

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US spree: Morgan Lewis hires five-partner team for Shanghai launch as Latham taps A&O for German hire

US-bred law firms have kicked off the key post-summer season with a rash of hires, with Morgan Lewis & Bockius hiring a team from Dentons to launch in a key Chinese market as Latham & Watkins recruits yet another Magic Circle partner in Europe.

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