South Africa has faced more than its fair share of economic and social challenges in recent years, but with foreign investors and international law firms attempting to tap into the wider region, the queue of firms looking to enter the country is lengthening. Recent years have seen DLA Piper and Baker & McKenzie enter the …
Continue reading “As foreign advisers size up Africa, CC linked to alliance bid in South Africa”
Mayer Brown has added to its tally of recent London hires as Berwin Leighton Paisner (BLP) finance and restructuring partner Trevor Wood joins the US firm. Wood will be reunited with former BLP banking and finance partner Richard Todd when he joins 1,536-lawyer Mayer Brown, which has made six lateral hires in its London office in the …
Further movement in the Paris market has seen Linklaters announce a trio of high level hires as Matthieu de Boisséson, Pierre Duprey and Roland Ziadé join as partners in its Paris office in a move to boost the Magic Circle firm’s arbitration offering. Duprey arrives from Paris firm Darrois Villey Maillot Brochier, where he spent 11 …
Continue reading “More Paris moves as Linklaters announces triple partner hire”
The United States’ largest firms are losing market share to the band of firms below, according to a study by LexisNexis released yesterday (22 October) for the three years ending 30 June. The CounselLink Enterprise Legal Management Trends Report shows that the 50 largest US firms, with at least 750 lawyers, have seen their share of client fees …
Continue reading “Shifting sands – Largest US firms losing market share, report claims”
The UK government’s game-changing decision to build the first nuclear power plant for a generation has seen Herbert Smith Freehills advise longstanding client EDF Energy on the deal. The £16bn agreement to build two European pressurised reactors at the Hinkley Point C site in Somerset is the culmination of two and a half years of …
Continue reading “Going nuclear – Herbert Smith advises EDF on £16bn power plant deal”
One of the UK’s largest supermarket chains, Morrisons, has revealed its first-ever legal panel, with Allen & Overy (A&O), Ashurst, DAC Beachcroft and Eversheds are among the 15 firms selected, which was overseen by the company’s recently appointed general counsel Mark Amsden. 40 firms made the long list, which was whittled down to a shortlist …
Continue reading “In-house: A&O, Ashurst and Eversheds on Morrisons first-ever legal panel”
Linklaters‘ now decade-long effort to carve a credible position in the private equity market has been dealt a serious blow as co-heads Ian Bagshaw (pictured) and Richard Youle leave to join White & Case. The high profile pair, long-term friends having started their careers together at Eversheds, had to build the Magic Circle firm’s private equity …
One of Italy’s most successful football teams, Inter Milan, has turned to Cleary Gottlieb Steen & Hamilton as it becomes the latest European football club to be taken over by foreign investors. The club has sold a 70% stake to International Sports Capital (ISC), which is indirectly owned by Indonesian billionaire Erick Thohir and prominent Indonesian investors …
If formal management elections are a sign of a firm coming of age then Mishcon de Reya, the second fastest growing firm in terms or organic revenue over the past five years, is all grown up, with Kevin Gold and two department heads formally elected for a further term. The 254-lawyer firm has given its …
Continue reading “Coming of age: Mishcon’s inaugural management elections see Gold voted in”
Aviation lawyers expect further consolidation within the airline industry as Aegean Airlines was on Wednesday (9 October) given the all clear to buy troubled Olympic Air, led by White & Case and Baker & McKenzie. The European Commission (EC) took the first-time step of reversing its earlier decision to block an acquisition attempt in 2011, approving …
