Hogan Lovells’ South African headcount is being slashed as its merger partner splits from the firm following a troubled six-year tie-up.
The firm confirmed today (1 August) that it is undergoing a ‘restructuring’ of its South African practice that will see 71 of its lawyers set up an independent law firm, while Hogan Lovells will re-launch a 20-lawyer office in the country under its UK LLP. Continue reading “Hogan Lovells losing bulk of South African practice as merger partner breaks away”
Dentons is to grow its global headcount further past the 10,000-lawyer mark after announcing a merger with 113-strong full-service New Zealand firm Kensington Swan.
The combination, announced today (31 July) and subject to approval by partners, will see Dentons enter the New Zealand legal market, with offices in Auckland and Wellington, nearly three years after launching in Australia. Continue reading “Dentons to enter New Zealand legal market through merger with 100-lawyer Kensington Swan”
Eversheds Sutherland is opening an office in the ‘very competitive’ Chicago market with the hire of two partners, and has plans to bulk out in California, too.
The firm announced today (29 May) it was opening its first new US office since the 2017 tie-up of Eversheds and US outfit Sutherland Asbill & Brennan. Chicago is the firm’s seventh US office, joining Atlanta, Austin, Houston, New York, Sacramento and Washington DC. Continue reading “Eversheds eyes larger California presence following long-awaited Chicago opening”
Greenberg Traurig is to open its fifth European office via the acquisition of a Milan boutique and the hire of two veterans from the Italian branch of Freshfields Bruckhaus Deringer.
The US firm announced yesterday (16 May) that as of July the northern Italian city will become the location of its 40th office worldwide while its European lawyer headcount will hit 300. Continue reading “International round-up: Greenberg Traurig enters Italy through Milan merger as Latham goes big in Japan”
Fieldfisher continues to build on what managing partner Michael Chissick describes as a strategy to be ‘in every commercial capital in Europe’, having opened in Dublin – its seventh new office since the beginning of 2018.
The mid-market pacesetter merged on 1 May with Irish firm McDowell Purcell to add the 25th office to its global verein. Led by managing partner JP McDowell, the 120-year-old firm counts 16 partners and 50 lawyers. Its regulatory practice is its core strength, while also operating in disputes, employment, planning, restructuring and insolvency. Continue reading “Global expansion: Fieldfisher picks Dublin for seventh office launch in a year”
Described in some quarters as an overlawyered market for a country with a population of 25 million, Australia continues to attract investment from the international legal industry in all its shapes and forms. Global giant Dentons, recently-listed DWF and New Law outfit Lawyers On Demand (LOD) have all expanded their presence in the country.
Just over two years after entering Australia through a merger with national firm Gadens, Dentons has hit the 280-lawyer mark in the country after absorbing Adelaide-based Fisher Jeffries. ‘This completes our footprint across the major cities in Australia,’ regional chair and chief executive Doug Stipanicev told Legal Business. Continue reading “Australia pull continues as Dentons, DWF and LOD announce expansion”
In spring 2018, Legal Business found the Madrid legal elite still recovering from a jolt that unsettled the local establishment. As one of the best-regarded deal makers in Spain, Juan Picón had at the end of 2017 given up his role as DLA Piper senior partner to join Latham & Watkins as Madrid head and Latin America co-chair.
Off the back of three consecutive years of GDP growth above 3% and mounting interest from international investors, Spain had been moving back onto the radar of leading international firms – the list of those stepping up investment in the country going well beyond the US giant to range as wide as Allen & Overy (A&O) to Fieldfisher. Some believed signs of renewed investment would shake up the staid local talent market and bring fresh challenges to the elite independents – Uría Menéndez, Garrigues and Cuatrecasas. Continue reading “Letter from Iberia – Despite turbulent politics, Madrid lawyers sustain bullish mood”
The global economy is slowing and so too is the Middle East. In April, the International Monetary Fund (IMF)almost halved this year’s growth forecast for the MENA region to 1.3%, from its previous estimate of 2.5% in October 2018. Dragging everything down is the oil sector – particularly in Saudi Arabia – US sanctions in Iran, and geopolitical tensions in other economies such as Iraq, Syria and Yemen.
But such downgrades are no surprise for lawyers in the region. ‘There is no doubt the region is going through a downturn,’ says Richard Gimblett, resident managing partner of the Dubai arm of Holman Fenwick Willan (HFW), which has more than 50 lawyers across its offices in Riyadh, Dubai, Kuwait City and Abu Dhabi. ‘The volatile price of oil obviously hasn’t helped. These are still largely petro-economies, although they are trying to diversify.’ Continue reading “The Middle East: The rough with the crude”
HFW has added a fifth office in the Middle East, launching in Abu Dhabi after a double-partner hire from US firm Reed Smith.
Finance and corporate partners Vince Gordon and Tania de Swart have made the switch, with Gordon previously acting as Reed Smith’s managing partner for the Middle East. Continue reading “International round-up: HFW opens in Abu Dhabi as Morgan Lewis hires new Tokyo head”
Latham & Watkins has dealt yet another blow to DLA Piper’s Spanish ranks, hiring its first Madrid-based antitrust partner, while Kennedys has joined the growing number of firms beefing up their low-cost capabilities.
Former DLA head of competition José Maria Jiménez Laiglesia has succeeded against four other candidates to join Latham’s Madrid outpost, which has almost doubled its headcount in less than a year since bringing in DLA’s former senior partner Juan Picón. Continue reading “International round-up: Latham hits DLA’s Madrid outpost again for antitrust partner as Kennedys opens innovation back office in India”