Chair Joe Andrew boasts: ‘Dentons has accomplished more for clients in one year than any other firm’
Dentons further cemented its status as the world’s largest law firm by lawyer headcount in November, with partners approving a three-way union with Australian firm Gadens and Singaporean practice Rodyk & Davidson.
Continue reading “Dentons approves tie-up with Australian and Singaporean firms”
Dentons announced last night (2 October) it intends to create a tripartite union with Australian firm Gadens and Singaporean firm Rodyk & Davidson, subject to partner approval.
Continue reading “Dentons to vote on new union with Australian and Singaporean firms”
HERBERT SMITH FREEHILLS AND ALLENS ENLISTED FOR WOODSIDE TAKEOVER BID
Australian oil company Woodside turned to Herbert Smith Freehills as it rejected a takeover offer by rival Oil Search. Australian firm Allens advised the Papua New Guinea firm that made the £5.3bn offer.
Continue reading “Deal watch: Corporate activity in October 2015”
For the third time this year and dealing a blow to Linklaters‘ Asian objectives, Kirkland & Ellis has recruited from the Magic Circle firm’s ranks and hired Hong Kong debt finance partner David Irvine.
2014 saw US firms continue to build on a solid home base but extend their reach in Europe, Asia and Africa. As clients seek to consolidate their law firm panels internationally, the Global 100 continue to slug it out.
‘The last 18 months have seen clients increasingly want to internationalise panels – not just country panels, but want to review which firms they are using in each country and assess whether this can be streamlined to use [fewer] firms that can cover more jurisdictions,’ says Hogan Lovells chief executive Stephen Immelt. ‘Rather than have ten different firms, they want five, so they can have greater consistency and more leverage in terms of pricing.’
Continue reading “Global 100: The regional view – Stick and move”
Withers makes further Asia push with Japanese opening
King & Spalding chose Tokyo last month as its second base in Asia, hiring a team of Ashurst partners led by Tokyo managing partner John McClenahan to spearhead its launch, while private client specialist Withers also made moves in the region by establishing a Japanese tax practice.
Continue reading “King & Spalding secures four-partner Ashurst team for Tokyo launch”
US CITY TEAMS TAKE LEAD ROLES ON GHG’S £1.5BN DEBT RESTRUCTURING
General Healthcare Group (GHG)’s £1.5bn debt restructuring, involving two commercial mortgage-backed securitisations (CMBSs), saw Paul Hastings’ London office win a role advising Capita Asset Services, which acted on behalf of the senior lenders. Milbank, Tweed, Hadley & McCloy represented the junior lenders, while Weil, Gotshal & Manges acted for Barclays, which had roles both in the CMBSs and as counter-party to an interest rate swap. Sidley Austin and Clifford Chance acted for other swap counter-parties, while Simmons & Simmons acted for GHG.
Continue reading “Deal watch: Corporate activity in June 2015”
With Asia overtaking Europe as the second-most wealthy region in the world, the pressure is on global private client practices to follow the money. Legal Business assesses the front runners.
Whenever money changes hands, disputes follow. Between now and 2025, predictions are that 90% of the world’s private wealth will have new owners. An awful lot of money is on the move and, in large part, that cash is set to transfer down the family line of ultra-high-net-worth individuals (UHNWI) – those with more than $30m in assets – typically from patriarchs to their offspring. Along with all this wealth will come the inevitable trust disputes.
Continue reading “Trust and estates litigation – The great leap forward”
King & Spalding has chosen Tokyo as its second base in Asia, hiring a team of Ashurst partners led by Tokyo managing partner John McClenahan to spearhead its launch.
Continue reading “Ashurst blow as King & Spalding secures four-partner team for Tokyo launch”
After taking the decision to move back-office staff out of its London headquarters to Manchester in a nearshoring exercise, Freshfields Bruckhaus Deringer is taking the low-cost support model to new heights as it looks at potentially opening two further support outposts in Asia and the US to provide 24/7 legal support.
