Dentons Nextlaw becomes largest global referral network of more than 290 firms

Dentons has officially launched its free-to-use Nextlaw Global Referral Network, signing up 291 firms to make the largest referral network by firm count in the world.

The network now has access to more than 19,000 lawyers in more than 160 countries. Scottish firms MacRoberts and Lindsays both joined, as well as offshore firms Ogier, Appleby, Carey Olsen and Walkers and more than 70 US firms.

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‘I didn’t see anyone not put their hand up’: CMS, Olswang, Nabarro vote for merger

Madeleine Farman, Matthew Field and Kathryn McCann speak to those inside and outside the fence

‘A merger was definitely going to happen. That was obvious when I was at CMS four years ago,’ a former CMS Cameron McKenna partner tells Legal Business. ‘It is another great scheme; I don’t feel that the firm’s brand has improved since I left. I know from people inside that the network, although they make a great show of it working well, doesn’t really work as well as it should.’

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Search for BP legal head begins as Bondy departs for Reckitt Benckiser

BP’s group general counsel (GC) Rupert Bondy, one of the most high-profile in-house leaders, is to step down from his role by the end of the year to head up Reckitt Benckiser (RB)’s global legal team as senior vice president (SVP), GC and company secretary.

Last month BP announced internally that Bondy would step down at the end of 2016 to pursue another opportunity, with no current replacement for the role.

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Skadden impresses as it takes lead on Abbey Life acquisition

US firm takes first-time instruction from Freshfields client Phoenix

Skadden, Arps, Slate, Meagher & Flom is in line for a windfall after taking the lead role advising on Phoenix Group Holdings’ proposed £935m acquisition of Abbey Life Assurance Company from Deutsche Bank, pocketing a significant chunk of £17m in fees in the process.

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Hogan Lovells becomes third firm to launch in Shanghai Free-Trade Zone

Association with Fidelity Law to lead to joint office offering Chinese law advice

Hogan Lovells is the third international law firm to enter the Shanghai Free-Trade Zone (FTZ) after agreeing an association with local outfit Fujian Xiamen Fidelity Law Firm in October.

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The Finance View: Global firms jostle for position in panda bond market

Victoria Young reviews how global firms are positioning themselves to cash in on a market on the cusp

As the internationalisation of China’s currency continues, global firms are making much of the pioneering Yankee bond-style deals in the Chinese market, eyeing opportunities in the orient and beyond.

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Deal watch: Corporate activity in November 2016

PE DOUBLE FOR CC

Clifford Chance (CC) completed two major private equity deals in a month, advising as Cinven, Permira and Mid Europa Partners acquired Allen & Overy client Allegro for $3.3bn. In addition, CC acted for Cinven as well as CVC Capital Partners on the acquisition of consumer finance provider NewDay, opposite Slaughter and May, which advised long-time client and seller Värde Partners, and Jones Day, which represented the management of NewDay.

 

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