BP has instructed Herbert Smith Freehills (HSF) to defend it against claims the oil major’s security precautions at an Algerian gas plant were flawed at the time of a terrorist attack in 2013 that killed 40 people.
Continue reading “BP turns to Herbert Smith as claims over Algeria terrorist attack mount”
City lawyers are warning an agreement made between the EU and the US yesterday (3 February) replacing the Safe Harbour scheme is likely to be challenged in court.
Simpson Thacher & Bartlett, Davis Polk & Wardwell, and Swiss firm Bär & Karrer have landed key advisory roles on China National Chemical Corp’s (ChemChina’s) $43bn bid for Swiss seeds and pesticides group Syngenta, in what will be the largest ever acquisition by a Chinese firm.
Private client partner Andrew Vergunst (pictured) is to become the head of McDermott Will & Emery‘s London office, replacing corporate lawyer Hugh Nineham when he retires at the end of March.
Continue reading “‘The next phase’: McDermott Will & Emery names successor to London head Nineham”
CMS Cameron McKenna‘s incoming managing partner Stephen Millar (pictured) has outlined his key priorities as the firm’s next UK chief, a plan which will focus both domestic and international strategic expansion. Millar’s plans for global development come as CMS Hasche Sigle has launched a new office in Iran, the making it the first international firm to do so.
Calls by Lord Justice Jackson to introduce fixed costs for civil claims worth up to £250,000 have been majorly condemned by the legal profession.
DLA Piper International partners have approved an overhaul of its pay structure, introducing a points-based remuneration system and a larger bonus pot as it targets greater profitability, while bringing in a separate lockstep for new partners while they grow their practices.
Having announced it will open a new office in Houston, 13 partners have joined US firm Orrick, Herrington & Sutcliffe, including McDermott Will & Emery‘s global head of energy Blake Winburne, and DLA Piper‘s co-chair of global and US patent litigation Claudia Frost.
Continue reading “McDermott and DLA Piper partners join Orrick for Houston launch”
White & Case is set to hire Linklaters‘ big-billing Hong Kong partner Christopher Kelly as its Asia head of corporate as develops its practice in the region.
Continue reading “White & Case to hire Linklaters big-biller Kelly to lead Asia push”
Welsh firm Capital Law has launched a £50m commercial litigation funding service, marking the first time a UK law firm has established its own disputes funding pot.
Continue reading “Cutting out the middle man: Capital Law opens £50m litigation fund”
Several firms have made noteworthy strategic appointments in the past week, with Nabarro, Pinsent Masons and Hogan Lovells all adding to their benches.
Continue reading “Revolving doors: Nabarro, Pinsents and Hogan Lovells make key hires”
The partnership at CMS Cameron McKenna has elected energy partner Stephen Millar (pictured) to succeed longstanding chief Duncan Weston.
Continue reading “CMS Cameron McKenna elects Millar as new managing partner”
DLA Piper has agreed a combination with 30-lawyer Finnish law firm Peltonen LMR as it expands its Nordic footprint.
Continue reading “DLA Piper expands Nordic footprint with Finnish tie-up”
Clyde & Co litigator Paul Friedman (pictured) has left the firm after more than 12 years to join US firm Quinn Emanuel Urquhart & Sullivan as its expands its Israel practice.
Brodies has re-elected both its chair Christine O’Neill (pictured) and managing partner Bill Drummond to another term in each role.
The investment bank’s EMEA GC on tackling the growth of global regulation and avoiding potholes along the way.
There’s a school of thought that says ‘never go back’ to a former lover or job. But having spent eight years at JPMorgan Chase & Co in the 1990s, a phone call from the investment bank’s ‘very persuasive’ general counsel (GC) Stacey Friedman in 2015 made John Tribolati’s decision to return to his old shop very easy. ‘It was an opportunity to have my own gig,’ he says.
Continue reading “Client profile: John Tribolati, JPMorgan Chase”
Already two of the big winners from the merger bonanza in the pharmaceuticals sector, Cravath, Swaine & Moore and Kirkland & Ellis have won mandates advising on the $5.8bn purchase of diagnostic testing company Alere by Abbott Laboratories.
Continue reading “Cravath and Kirkland ride pharma wave to win places on $5.8bn Abbott-Alere deal”
With London in fierce competition with Singapore, Hong Kong and Paris to become the dominant international arbitration hub, it has fallen a step behind after the Singapore International Arbitration Centre (SIAC) launched in Shanghai.
Continue reading “London off the pace as Singapore arbitration centre opens in Shanghai”
The international arm of Hogan Lovells, which covers all offices outside the Americas, suffered an 11% fall in profits per equity partner (PEP) in 2014/15 as revenue and profits suffered.
Continue reading “Cash levels drop at Hogan Lovells as PEP dips below £700,000”
Clyde & Co rewarded its highest paid member 36% more, dishing out £1.8m in the 2014/15 financial year. the firm’s LLP filings show.
Continue reading “Clydes top-paid member took home 36% more in 2015, as firm’s profits rise”
