No let up for Libor claims as FSA issues record fines
With the Financial Services Authority (FSA) issuing a record £300m of total fines in the UK in 2012, up from…
News review
General counsel pay still bolstered by bonus culture
The bonus, not the pay rise, was how companies rewarded the efforts of their general counsel (GC) in 2012. This…
TNK-BP takeover saga ends in largest Russian deal ever
The ongoing battle over what was to become of Russian oil joint venture (JV) TNK-BP finally concluded at the end…
SJ Berwin is latest international arrival in Luxembourg
SJ Berwin announced the opening of its twelth office in Luxembourg at the start of the year, in what was…
Parabis Group storms into Scottish insurance market
Private equity backed Parabis Group recently entered the Scottish legal insurance market with a bold statement of intent, hiring local…
Landmark three-way merger aims to end Dentons’ Europe woes
At press time, partners at SNR Denton, Salans and Canadian firm Fraser Milner Casgrain (FMC) were poised to vote through…
Banks could face backlash on legal panel reviews
With the latest round of bank panel reviews in full swing, early indications show signs of a backlash from law…
Korea legal market shows signs of saturation
With the recent influx of foreign firms into Seoul showing no signs of stopping, questions are being raised as to…
Magrath launches in Singapore
November saw London-based Magrath become the first corporate immigration specialist to open a standalone presence in Singapore; Ben Sheldrick and…
Locke Lord’s lateral spree continues in London
US firm Locke Lord has continued its rapid expansion in London since launching in February this year with the addition…
DAC Beachcroft becomes first UK firm in Chile
DAC Beachcroft has strengthened its presence in Latin America by becoming the first European-based firm to launch in Chile by…
Ashurst expansion continues full throttle
Ashurst’s recent appetite for international expansion shows no sign of abating, with the firm announcing in November the launch of…
Consolidation changes the face of Scottish elite again
At the end of a dramatic year for the Scottish legal market, the recently announced union between Glasgow and Edinburgh…
Turkey and Africa expansion on the cards for Pinsents
Following an extremely acquisitive year since its strategic alliance with Salans came to an end, Pinsent Masons shows no signs…
Baker & McKenzie becomes first global firm in Peru
Baker & McKenzie has extended its increasing strategic focus on Latin America by becoming the first international law firm to…
Places up for grabs on FSA investigation panel
City law firms unimpeded by banking relationships will be seeking a place on a new Financial Services Authority (FSA) panel…
Firms set sights on Asia investment into Middle East
Squire Sanders expanded both its Middle East and South Korea operations in October, as Latham & Watkins reported a surge…
No drop in demand for external legal advice
Results from our first-ever in-house survey show that companies’ legal budgets have largely stayed the same or even increased while…
DLA Piper ramps up French offering with boutique addition
DLA Piper’s recent takeover of French corporate boutique Frieh Bouhenic is the most significant development in a spate of activity…
Liberalisation of Singapore market gathers pace
The Singapore Ministry of Law (MinLaw) stopped receiving applications from foreign law firms seeking a Qualifying Foreign Law Practice (QFLP)…