Norton Rose Fulbright has completed its combination with Manhattan-headquartered Chadbourne & Parke, strengthening its North and Latin American presence with a focus on the financial sector, its chief executive said.
Eversheds Sutherland, Macfarlanes, DLA Piper and Allen & Overy (A&O) are advising on Australia-headquartered Link Group’s £888m purchase of UK-based Capita Asset Services (CAS), in an European expansion bid by the business services firm.
Skadden, Arps, Slate, Meagher & Flom and White & Case advised HgCapital as it led a consortium of investors purchasing €4.64bn of stakes in Norwegian software company Visma, in one of Europe’s largest ever software buyouts.
Global revenue at Linklaters was up 9.8% in 2016/17 to £1.44bn, a record high for the Magic Circle firm, although the leap was largely due to the strong euro and dollar and the weak pound. In constant currency terms, revenue rose 1.7%.
Baker McKenzie has made up 80 new global partners, bringing this year’s partnership intake to 139, while electing Matthias Scholz as Germany and Austrian managing partner for three years.
Taylor Wessing has released further details of its financial performance in 2016/17, showing the modest 1.8% increase in its UK revenue to £128.9m resulted in a drop in its UK profit per equity partner (PEP) to £481,000, down 6% from last year’s £512,000.
