KWM latest: European partnership buys more time before administration as Osborne Clarke takes top biller Couter

King & Wood Mallesons‘ (KWM) European partnership has filed a new intention of notice to appoint administrators as the firm continues to leak partners. The previous notice has now expired, having been valid for ten working days since 22 December when it was filed.

The new extension will give the firm’s various suitors more time to finalise deals to take on parts of the legacy business, including agreements about work in progress within already announced team moves such as those going to DLA Piper, Greenberg Traurig, Reed Smith and KWM’s Chinese arm.

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