Having long sought a presence in Canada, DLA Piper has finally struck a merger deal with Vancouver-headquartered firm Davis. The partnership at Davis approved the merger in a vote held last week and the firm will be rebranded as DLA Piper Canada when the deal closes in April.
Continue reading “DLA joins Canadian club at last as it announces Davis deal”
Slater and Gordon has acquired a further two UK law firms, adding a projected £18.7m to annual revenue, and revealed plans to build its UK business to 45% of total financial year 2014/15 revenues.
Firms set to create a 6,600-lawyer, $1.7bn law firm giant
In a bid to create the world’s largest firm by lawyer headcount, Dentons is to combine with China’s biggest firm, Dacheng Law Offices, to form a 6,600-lawyer giant operating under a Swiss verein structure.
With offices across over 50 countries, combined revenues will be in the region of $1.7bn. At the end of the financial year 2013/14, Dentons’ turnover was $1.3bn, while Dacheng confirmed that its revenues currently stand at $400m, although revenues were reported to have hit just RMB1.78bn ($287m) in the 2013 financial year. The firm will have revenue per lawyer of $257,000, compared to $769,000 across the Global 100. Both partnerships confirmed the tie-up in late January, although at the time of press, both firms were awaiting approval from Chinese regulators.
Continue reading “Dentons becomes world’s most lawyered firm with Dacheng tie-up”
Dentons is set to create the biggest law firm in the world by lawyer headcount through a combination with leading Chinese firm Dacheng, a move that will establish a 6,600-lawyer giant operating under a Swiss verein structure.
Continue reading “6,600 lawyers: Dentons set to combine with China’s largest law firm Dacheng”
Shepherd and Wedderburn has managed to avoid making compulsory redundancies as it looks to complete the integration of Tods Murray, which it acquired earlier this year, into one office.
Dallas-bred Locke Lord and Boston’s Edwards Wildman Palmer have rubber-stamped their high-profile union, today (1 December) announcing that their respective partnerships have approved a combination from 10 January 2015, a move which will generate gross revenues of $675m and a headcount of 1,000 lawyers.
Continue reading “Worst-kept secret: Locke Lord and Edwards Wildman approve combination”
Following much touted speculation of the potential merger between US firms Morgan, Lewis & Bockius and Bingham McCutchen, Morgan Lewis has decided to cherry pick 227 partners.
This month’s cover feature on Herbert Smith Freehills (HSF) looks in hindsight like the end of an informal trilogy on storied London firms agreeing high-stakes mergers, following earlier pieces on Hogan Lovells and Ashurst.
Continue reading “Comment: The cost of culture – HSF finds mega-mergers always come at a price”
This month’s cover feature on Herbert Smith Freehills (HSF) looks in hindsight like an informal trilogy on storied London firms agreeing high-stakes mergers, following earlier pieces on Hogan Lovells and Ashurst.
Taken together, patterns and contrasts emerge. The legacy Herbert Smith, Lovells and Ashurst were all wrestling with similar cultural and strategic issues ahead of their unions as they struggled to compete against larger and more driven rivals.
Continue reading “The cost of culture – HSF finds mega-mergers always come at a price”
King & Wood Mallesons SJ Berwin will cut the SJ Berwin from its name on 1 November, a year after merging with the UK firm.
Continue reading “What’s in a name: One year on King & Wood Mallesons drops SJ Berwin”
