Dealwatch: Sullivan & Cromwell’s City office and CC advise on nearly £6bn worth of deals

Sullivan & Cromwell’s City office has been busy this summer winning roles on two headline deals announced yesterday [8 September], working alongside Clifford Chance (CC) on both Cinven’s £2.3bn sale of pharmaceuticals group Amdipharm Mercury Company (AMCo) and advising Goldman Sachs on Mitsui Sumitomo’s £3.5bn Amlin purchase.

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Asia: US firms chase disputes work as Kobre & Kim and Alston & Bird launch new offices and Reed Smith builds in Singapore

The past week has continued to see law firms invest in Asia with US litigation outfit Kobre & Kim chasing litigation work with a new office in Seoul, Alston & Bird targeting intellectual property (IP) mandates with its first Asian office and Reed Smith building its projects practice with a focus on disputes.

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Ranson eyes Eversheds’ chief exec role as he leads growth drive

In a move which sets him in a strong position to run for chief executive when incumbent Bryan Hughes steps down in 2017, Eversheds managing partner Lee Ranson (pictured) has been tasked with leading a ‘Growth Agenda’ following the firm’s subdued performance in this year’s Legal Business 100, which saw growth flatline, and profit per equity partner (PEP) edge up by 2%.

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Revolving Doors: Insurance-focused firms invest as Clydes expands in South Africa and DWF hires a former managing partner

Last week saw a flurry of announcements as firms revealed their hires made over the summer. Clyde & Co invested in its South Africa office with a lateral from Linklaters’ ally Webber Wentzel, DWF hired the former managing partner of Anderson Strathern and Holman Fenwick Willan (HFW) hired a partner from Chadbourne & Parke’s City office.

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