Dentons, DLA and Bakers to sever ties with Russia offices as A&O and CC wind down

Posted on | Blogs |
Dentons, DLA and Bakers to sever ties with Russia offices as A&O and CC wind down

Baker McKenzie, DLA Piper and Dentons have taken a different course to most international law firms, separating from their Russia practices and leaving independent firms behind, rather than closing the offices entirely as a response to Russia’s continued invasion of Ukraine. All three firms operate under a Swiss verein structure, which enables the different offices …

Continue reading “Dentons, DLA and Bakers to sever ties with Russia offices as A&O and CC wind down”

‘Record revenues’ for Garrigues as turnover breaks €400m barrier

Posted on | Blogs |
‘Record revenues’ for Garrigues as turnover breaks €400m barrier

Garrigues has seen a 7% rise in revenue for the 2021/22 financial year, enabling it to become the first Iberian law firm to post revenues in excess of €400m. The Madrid-headquartered firm, which in total billed €414.2m throughout the year, has largely the success of its domestic offering to thank for this uptick. The Spanish …

Continue reading “‘Record revenues’ for Garrigues as turnover breaks €400m barrier”

Akin Gump, Freshfields and Latham latest to withdraw in Moscow as mass exodus ensues

Posted on | Blogs |
Akin Gump, Freshfields and Latham latest to withdraw in Moscow as mass exodus ensues

Akin Gump, Latham & Watkins and Freshfields Bruckhaus Deringer are among the latest international firms to shut down or suspend operations in Moscow, as pressure to take action has mounted in light of Russia’s sustained invasion of Ukraine. The news came after Linklaters and Norton Rose Fulbright announced their intentions to withdraw from Moscow in …

Continue reading “Akin Gump, Freshfields and Latham latest to withdraw in Moscow as mass exodus ensues”

Deal watch: Global London elite turns out for KKR’s Refresco buyout and Macquarie’s Roadchef acquisition

Posted on | Blogs |
Deal watch: Global London elite turns out for KKR’s Refresco buyout and Macquarie’s Roadchef acquisition

The private equity boom has shown no signs of slowing down in recent weeks, with the London offices of US firms taking the lead on noteworthy acquisitions in the logistics, food & drink, and infrastructure sectors. Skadden, Simpson Thacher and Latham & Watkins advised on the acquisition by KKR of a majority stake in independent …

Continue reading “Deal watch: Global London elite turns out for KKR’s Refresco buyout and Macquarie’s Roadchef acquisition”

Linklaters renounces Moscow office as Russia attacks Ukraine and peers react to invasion

Posted on | Blogs |
Linklaters renounces Moscow office as Russia attacks Ukraine and peers react to invasion

Linklaters’ abandonment of its Moscow office in response to Russia’s sustained invasion of Ukraine has prompted peers to react, with many more likely set to follow suit. Linklaters announced the move to shutter the Moscow office, which houses more than 70 lawyers, including 10 partners, on Friday (4 March). The firm said in a statement: …

Continue reading “Linklaters renounces Moscow office as Russia attacks Ukraine and peers react to invasion”

A&O opens in Boston as Simmons launches in Silicon Valley

Posted on | Blogs |
A&O opens in Boston as Simmons launches in Silicon Valley

UK firms have made significant moves stateside, with Allen & Overy and Simmons & Simmons announcing the opening of new US offices. Allen & Overy’s US expansion project appears set to continue. With a new office in Boston set to open following the arrival of a five-partner group from Goodwin. The firm, which has been …

Continue reading “A&O opens in Boston as Simmons launches in Silicon Valley”

New brooms from the Magic Circle: Moore adds new law string to his bow as Braham set to chair M&G

Posted on | Blogs |
New brooms from the Magic Circle: Moore adds new law string to his bow as Braham set to chair M&G

Gideon Moore (pictured), Linklaters’ erstwhile global managing partner, has added a further flourish to his CV to take on the role of non-executive director at new law scale-up nexa. The move follows Moore’s appointment earlier this year as chief legal officer and general counsel of NatWest, an executive role he will start on 1 April …

Continue reading “New brooms from the Magic Circle: Moore adds new law string to his bow as Braham set to chair M&G”

Euro Elite Southern Europe: Sole resistance

Posted on | Euro Elite 2022 International | and
Euro Elite Southern Europe: Sole resistance

Greece and Israel dominate the Southern Europe section of the Euro Elite – and both are jurisdictions where domestic, independent firms enjoy a near-monopoly. In Greece, for example, Athens-based firms seemingly lead the legal market. Despite the continuous detrimental economic consequences arising from the Covid-19 pandemic, lawyers have remained significantly active in the past year …

Continue reading “Euro Elite Southern Europe: Sole resistance”

The Legal 500: Competition: Close competition

Posted on | Analysis |
The Legal 500: Competition: Close competition

‘Brexit was a big moment,’ notes Allen & Overy (A&O) London antitrust group head Mark Friend. ‘It has big ramifications for antitrust practitioners because the CMA (Competition and Markets Authority) is no longer able to enforce EU competition law but on the other hand, it is increasingly flexing its muscles. The high-level theme is that …

Continue reading “The Legal 500: Competition: Close competition”

Israel focus: Land of milk and honey

Posted on | International Israel | and
Israel focus: Land of milk and honey

Few, if any, national economies escaped 2020 with a clean bill of health, and Israel was no exception. As per the Central Bureau of Statistics, the country’s economy contracted by 2.4% across the year, the most severe decline since the state was established in 1948. It is a testament to the unprecedented nature of the …

Continue reading “Israel focus: Land of milk and honey”