Taylor Wessing has expanded its offering in Vietnam, by merging its Singapore outpost, RHTLaw Taylor Wessing, with its Vietnamese alliance firm PBC Partners.
Continue reading “Making it official: Taylor Wessing deepens Vietnam reach with local merger”
DLA Piper has continued its Nordic expansion, confirming a merger with Swedish law firm Grönberg Advokatbyrå. Continue reading “Strengthening Sweden: DLA Piper acquires 21 lawyer firm”
Texas headquartered law firm Haynes and Boone is to open its first European office, announcing a merger with London boutique Curtis Davis Garrard (CDG).
The renewed interest in Germany’s legal market continues apace with US firm Gibson, Dunn & Crutcher to launch in Frankfurt after hiring Latham & Watkins corporate partners Dirk Oberbracht and Wilhelm Reinhardt. Continue reading “Gibson Dunn continues Germany push, launching in Frankfurt with double Latham hire”
Shami Chakrabarti, the former director of Liberty, and the author of Labour’s report into antisemitism, has called on the party to appoint a general counsel or other staff lawyer, as well as a legal panel.
Nabarro has increased turnover by 3.5% to £130.4m, joining other mid-market firms with muted results for 2015/16. Last year the firm posted an 8% revenue rise to £126m, its biggest rise in more than a decade.
Due to the uncertainty and economic volatility stoked by last week’s shock Brexit vote, the Law Society has told MPs that plans to give the Solicitors Regulation Authority (SRA) and other regulators full independence should be shelved.
Insurance specialist Kennedys has announced solid revenue growth of 7% for this financial year from £129.9m to £138.8m. In addition, the firm’s UK figure has topped £100m, with turnover at £102m from £99.6m.
The ongoing saga that is the £4bn shareholder group action against the Royal Bank of Scotland (RBS) continues to prove controversial, as it has emerged that litigation powerhouses Quinn Emanuel Urquhart & Sullivan, Stewarts Law and Signature Litigation are seeking millions worth of costs incurred from the claimants of Mishcon de Reya.
Following its US merger, international asset manager Columbia Threadneedle has carried out a restructure of its UK legal team, scrapping the head of legal and head of compliance roles.
Continue reading “US focus: Columbia Threadneedle restructures legal division post-merger”
Rapidly expanding US firm White & Case is launching an office in Cairo, Egypt, as a wave of global law firm investment into Africa gathers pace. Continue reading “Expansive White & Case opens second African office with Egypt launch”
After much speculation, a raft of firms including Clifford Chance, Ashurst, Eversheds, Mayer Brown, Reed Smith, Simmons & Simmons, Hogan Lovells, Pinsent Masons, DWF and Bond Dickinson have won places on banking giant Barclays’ reduced legal roster, however DLA Piper has lost its spot following the global panel review.
Continue reading “Barclays panel: DLA Piper loses out as banking giant finalises global roster”
Forget about the online petition. We do not have government by petition, particularly not when we don’t know how many of the online signatories are even British, or are duplicates, or computerised bots or in some other way bogus. No matter how many signatures the petition garners it will not result in a re-run of the referendum, and nor should it.
Turnover at UK boutique Sacker & Partners rose 13% to £26.8m last year as big corporates sought to restructure their pensions schemes.
Latham & Watkins has bolstered its regulatory and disputes offering in the City with the hire of Ashurst’s head of financial services regulation Rob Moulton.
Baker & McKenzie has promoted six in the City in this year’s 85-strong global round, with a focus on building its disputes, tax and M&A offering.
Continue reading “Baker & McKenzie doubles City promotions, making up six in 85-strong global round”
In its second European closure this month, Ashurst is shutting the doors to its Rome office after five years, with its remaining lawyers relocating to Milan following a review of its Italian offering.
Continue reading “European retreat: Ashurst pulls out of Rome days after Sweden exit”
LB100 firms Watson Farley & Williams and RPC reported slower revenue growth for 2015/16 with Watson Farley growing revenues by 5% to £131.2m, while RPC’s turnover is up 6% to £100.5m.
The ‘in-out’ referendum on the question of the UK’s membership of the European Union (EU) which has dominated the political and business agenda in the UK for the last six months, has resulted in a majority of voters (on a turnout of approximately 72%) preferring the UK to leave the EU.
Continue reading “Guest post from Herbert Smith Freehills – Brexit: After the vote”
With most US law firms experiencing something of a slowdown in the London market following the instability around the referendum on the UK’s membership of the EU, and subsequent Leave victory, questions remain around whether investment will keep coming or be held back to focus on other markets.
