Eversheds opens fourth German office in Düsseldorf

Eversheds opens fourth German office in Düsseldorf

Eversheds Sutherland expanded in Germany in August, opening its fourth office in the country after acquiring Düsseldorf-based firm Grooterhorst & Partner.

The new office, which is focused on real estate and insurance, opened with three partners: Johannes Grooterhorst, Marc Christian Schwencke and Ralf-Thomas Wittmann. The trio were joined by a team of 11 lawyers.

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Expansive Pinsents ships in four Norton Rose Fulbright partners for third Oz office launch

Expansive Pinsents ships in four Norton Rose Fulbright partners for third Oz office launch

Pinsent Masons is continuing its sustained international expansion drive with a new Australian arm in Perth and the hire of four infrastructure and energy partners from Norton Rose Fulbright (NRF).

The UK law firm’s new Perth branch, to open in the autumn, will be its third Australian office after Sydney and Melbourne and its fifth international launch in the last 18 months.

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Squad of Global 100 firms lines up on £9bn Worldpay disposal

Squad of Global 100 firms lines up on £9bn Worldpay disposal

‘Compelling rationale’ sees UK and US legal teams advise as Vantiv moves in

A host of US and UK-based international firms have lined up on the £9.3bn sale of UK payment processor Worldpay to US-based peer Vantiv in a deal that will create a company with a combined value of £22.2bn.

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Pinsents secures £1.3bn Carillion HS2 mandate

Pinsents secures £1.3bn Carillion HS2 mandate

Pinsent Masons picked up the key advisory mandate as embattled British construction company Carillion was handed a lifeline this summer thanks to the award of two contracts worth £1.3bn on the High Speed Two (HS2) project.

Carillion is to build two sections of the UK’s second high-speed rail project from London to Birmingham along with its joint venture partners Kier Group and France’s Eiffage Génie Civil, which will take at least five years to complete.

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‘Unprecedented in scale’: City bluebloods advise as Tata separates UK pension scheme

‘Unprecedented in scale’: City bluebloods advise as Tata separates UK pension scheme

Travers Smith, Slaughter and May and Hogan Lovells all advised as Tata Steel last month signed a long-awaited agreement to separate its business from the £15bn British Steel Pension Scheme (BSPS), in what is the largest pensions scheme restructuring ever in the UK.

As a result of the separation, achieved through a regulated apportionment arrangement, Tata will pay £550m to BSPS, which will also be given a 33% equity stake in the steel company. With the support of The Pensions Regulator and the Pension Protection Fund (PPF), a new BSPS will be created after an assessment period.

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Life during law: Patrick Sarch, White & Case

Life during law: Patrick Sarch, White & Case

I started at Paisner and then on qualification went off to Norton Rose. I joined Clifford Chance in 2000, which was the big global merger. They were a challenger in M&A. That’s why I chose them.

I started off at Midland Bank in Fleet Street opposite Freshfields. One of six trainees. Later I sent out 86 applications for articles. Four interviews and only one offer would pay my law school. That’s why I went to Paisner. Continue reading “Life during law: Patrick Sarch, White & Case”

Client Intelligence Report: Data view

Client Intelligence Report: Data view

Q: For a routine instruction, how important are the following criteria when selecting a firm?

(1 = not at all important, 5 = expected, 10 = essential)

Analysis of the responses to this question from clients in the UK and US exposes marked differences between client priorities in the two jurisdictions. Scores are illustrated proportionally on the graphs below and to the right. Continue reading “Client Intelligence Report: Data view”

City’s big four rides churning forex markets as A&O leads the Magic Circle on results

City’s big four rides churning forex markets as A&O leads the Magic Circle on results

Double-digit fee growth for A&O, Links and CC but Freshfields stalls

Dramatic swings in foreign currencies against Brexit-battered sterling have lifted reported results from London’s big four, with double-digit growth rates for Allen & Overy (A&O), Clifford Chance (CC) and Linklaters. Freshfields Bruckhaus Deringer’s growth, however, has stalled in what has been a record year for the Magic Circle.

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Ince & Co brings in alternative career to partnership as it shakes up associate pay

Ince & Co brings in alternative career to partnership as it shakes up associate pay

Ince & Co is offering its lawyers the option to choose a different career path from the traditional partner track, as it revamps its associate pay structure.

Lawyers at Ince will now progress up a four-step career programme applicable to trainees, associates, senior associates and managing associates.

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