Despite the volatile economic conditions in Russia, Allen & Overy (A&O), Skadden, Arps, Slate, Meagher & Flom and Vinson & Elkins (V&E) remain active in the region after having scored roles on Eurasia Drilling Company’s (EDC) delisting and subsequent minority stake sale.
Fried, Frank, Harris, Shriver & Jacobson has decided to close its Hong Kong and Shanghai offices, leaving the US firm without an outpost in Asia.
The senior judiciary has gone further towards increasing diversity in its ranks as it names its first female senior presiding judge (SPJ) in the latest round of appointments.
Last week saw Clyde & Co expand its employment and personal injury practices with hires from DWF and Hill Dickinson, while Hunton & Williams grew its City energy and infrastructure practice. In Paris, Squire Patton Boggs expanded its international disputes practice with a double partner hire as well as a team of associates.
Bird & Bird’s latest limited liability partnership (LLP) accounts show turnover at the firm grew 5% from €293m to just under €309m in the year to 30 April 2014, but that profit at the LLP was down 5% from €60.3m to €57.1m as staffing costs rose.
The National Local Government Pension Scheme (LGPS) Frameworks group has launched a new legal services framework with eleven law firms including Osborne Clarke, Pinsent Masons and Eversheds, winning places to provide specialist pensions and investment expertise.
Kirkland & Ellis, Travers Smith and Freshfields Bruckhaus Deringer have all won roles advising as private equity firm GTCR agrees to sell British financial services company Premium Credit Limited (PCL) to buyout group Cinven for £462m.
Allen & Overy (A&O), which recently has set the pace for providing alternative service delivery models such as its PeerPoint flexible lawyer initiative, has re-launched its online derivatives service in a bid to appeal to a broader set of clients.
Reed Smith has hired Stephenson Harwood’s South East Asia head of corporate Matt Gorman to launch a corporate practice in the region from its Singapore office.
Insurance firm Kennedys has finally entered the Scottish market with the launch of two new offices in Edinburgh and Glasgow.
