As our Taking Manhattan cover feature underlines, the Los Angeles-bred Latham & Watkins continues to make major inroads in the key global hubs of New York and increasingly London. Making the point again, the global giant has today (18 February), announced the recruitment of high-profile Clifford Chance (CC) partner Kem Ihenacho, the third private equity partner …
Following a year of rapid international expansion that saw highly profitable litigation outfit Quinn Emanuel Urquhart & Sullivan dominate the global litigation agenda with launches in jurisdictions such as Sydney and Hong Kong, the top 35 Global100 firm today (18 February) confirmed to Legal Business that it is to broaden out its capability with a launch in …
Continue reading “New frontiers for Quinn Emanuel as US litigation leader sets up in Brussels”
As international law firms continue their strategic push into south east Asia, Baker & McKenzie has become the latest global player to launch an office in Myanmar. Bakers today (18 February) confirmed the launch of a branch in the city of Yangon to be led by infrastructure and corporate partner Chris Hughes, who is currently based …
Continue reading “South eastern promise: Baker & McKenzie unveils launch in touted Myanmar market”
Breakaway arbitration boutiques are increasingly common but they rarely have the gravitas of the latest entrant, as Freshfields Bruckhaus Deringer’s London arbitration group head Constantine Partasides resigns alongside Paris-based partner Georgias Petrochilos, to form a heavyweight trio alongside former co-arbitration chair Jan Paulsson. Dispute resolution partner Partasides spent 10 years practising in the Magic Circle firm’s …
The fast-paced Premier League last week handed two lucrative deals to LB100 firms Gateley, Howard KennedyFsi, Hill Dickinson and DWF, as West Ham sold its iconic Upton Park ground and Everton Football Club (FC) entered a five-year partnership with Umbro. Birmingham-based firm Gateley and West End firm Howard KennedyFsi advised on West Ham’s sale of Upton Park …
After a relatively quiet few weeks for mid-tier merger mania, Davenport Lyons and Howard Kennedy FSI have done the decent thing by confirming they are in discussions regarding a tie-up. The talks come after a potential union between Shakespeares and Davenport Lyons reportedly fell through last month. Howard Kennedy confirmed the latest discussions. A spokesperson …
With Reed Smith’s London office results touted to break the $200m mark next week, the top 30 global law firm has hired Travers Smith leverage finance partner Ben Davis to join its City office in March. Davis advises on corporate facilities, refinancings, debt restructurings and general banking matters. Last year he advised Pace on its US law $470m …
Continue reading “City hire: Reed Smith takes on Travers Smith leverage finance partner Ben Davis”
A year of expansion has seen top 15 Global100 firm Sidley Austin post solid 2013 results, with revenue up by around 7% to $1.6bn from $1.49bn and net profits up by around the same margin to $547m from $510.5m. The firm’s profit per equity partner (PEP) and revenue per lawyer both rose by approximately 4% to $1.87m …
A healthy pipeline of London Stock Exchange listings has seen Herbert Smith Freehills (HSF) advise online appliances website AO on its proposed initial public offering (IPO), with the small-beginnings Bolton white goods company reportedly expected to attain a market capitalisation of around £1bn upon listing. The HSF team is being led by equity capital markets …
Despite the bearish mood that last year gripped many international law firms regarding Asia, and sustained tremors this year running through emerging market securities, a host of major advisers have kicked off 2014 with significant investments in the region, including DLA Piper, Hogan Lovells and Stephenson Harwood. DLA Piper has hired O’Melveny & Myers partner …
