HSF ends exclusive association in Saudi Arabia

Herbert Smith Freehills (HSF) is to end its five-year exclusive tie-up with Saudi Arabia’s Al-Ghazzawi Professional Association (GPA), as international activity in the region shows no sign of slowing down. The two firms’ association formally ends on 1 August, but HSF will continue to co-operate with GPA on a non-exclusive basis. Neither firm has plans …

HSF becomes third UK firm to open its doors in Seoul

Herbert Smith Freehills (HSF) opened in Seoul last month, becoming the third UK firm to open in Korea, after Clifford Chance and DLA Piper. The office will be co-headed by London disputes partner Tony Dymond and Singapore corporate partner Lewis McDonald, both of whom are relocating to the region. The Seoul office will primarily focus …

SJ Berwin pays out delayed partner profits

As partnerships continue to take a cautious approach to profit distribution, SJ Berwin has confirmed that it has released profits that it withheld in February. The firm’s profit per equity partner (PEP) increased by 1% between 2011 and 2012 to £635,000 with revenues up 1% to £180.1m. According to the firm, the February distribution was …

Former Dewey chairman to pay $500k mismanagement settlement

Steve Davis, former chairman of Dewey & LeBoeuf, has offered to pay over half a million dollars to settle claims against him following the firm’s collapse last year. Davis has agreed to pay $511,145 in the form of a promissory note to the firm’s liquidation trust, after Dewey became the largest law firm in US …

HSF and Ashurst announce partner promotions

Herbert Smith Freehills (HSF) and Ashurst have both announced their latest partner promotions today (23 April), with Herbert Smith promoting considerably more associates than last year while Ashurst made up fewer partners this time around. Herbert Smith Freehills (HSF) has promoted 19 lawyers to its partnership, up from just 10 last year, with the majority …

Dentons strengthens private equity offering with SJ Berwin hire

Dentons has hired SJ Berwin corporate finance partner Nicholas Plant to lead its private equity group in the UK, Middle East and Africa. Plant’s practice focuses on advising private equity houses on domestic and cross-border leveraged buy-outs. He also advises on general M&A and joint ventures. Most recently, he has been particularly involved in acting …

Olswang creates executive committee in management overhaul

Olswang has concluded an extensive governance review that has seen the creation of an executive committee responsible for the firm’s management and strategy. The review, led by general counsel Simon Callander, has also resulted in a complete overhaul of the firm’s board, which will now reflect the voice of the partnership and act as a …

King & Spalding recruits high-profile arbitrator in Singapore

King & Spalding has recruited King & Wood Mallesons Melbourne co-head of arbitration Peter Megens as a partner in its Singapore office. Megens, a senior construction partner, is King & Spalding’s third Singapore lateral hire in under a year. Clifford Chance oil and gas partner Merrick White joined the firm in October of last year, …

BHP Billiton swaps Ashurst for Herbert Smith Freehills with new legal chief

BHP Billiton senior executive David Williamson is set to rejoin Ashurst in Australia, where he was a lawyer at legacy firm Blake Dawson for 28 years. It is understood that he will return in June as a partner after spending three years at the mining giant. Williamson joined the company as head of group legal …