Ashurst’s hopes of stabilising its European practice have been dealt a body blow with Gibson, Dunn & Crutcher today (8 June) recruiting a four-partner team from its Paris arm. The move – which comes just months after a five-partner corporate team quit Ashurst’s Paris outpost for Freshfields Bruckhaus Deringer – sees a team led by litigation and restructuring partner Jean-Pierre Farges decamp to the US-based giant.
Revolving doors: Dechert hires in Frankfurt, Watson Farley in Hamburg, McDermott in Dusseldorf
In a week of European-focused lateral hires, firms have expanded their German ranks. Dechert hired in Frankfurt, Watson Farley & Williams in Hamburg, and McDermott Will and Emery in Dusseldorf.
News in brief – May 2017
PINSENTS LAUNCHES IN MADRID
Pinsent Masons has launched in Madrid, the firm’s third international office in less than a year. The new office comprises six partners, four from local Madrid firm Ramón y Cajal Abogados. The firm has also hired from contractor OHL and promoted a Pinsents associate to partner.
Partner promotions: Dentons ups global round by 15% with twice as many promoted in Europe
Dentons announced today (3 May) that it has promoted 54 partners across Canada, Europe, Singapore, UK and the US, a 15% increase on last year’s round. Continue reading “Partner promotions: Dentons ups global round by 15% with twice as many promoted in Europe”
Unsecured creditors to lose almost £34m as KWM Europe admin continues
KWM China buys reassurance by taking SJ Berwin name
An initial report into the financial affairs of King & Wood Mallesons’ (KWM) now defunct European arm estimates that unsecured creditors are set to lose £33.5m as the firm’s inner financial workings begin to surface.
Continue reading “Unsecured creditors to lose almost £34m as KWM Europe admin continues”
DLA agrees Danish tie-up to become largest firm in the Nordics
DLA Piper is to combine with Danish law firm LETT by the end of May this year, becoming the largest firm in the Nordic region with five offices and more than 370 lawyers. Continue reading “DLA agrees Danish tie-up to become largest firm in the Nordics”
‘It has been an obstacle’: Ashurst launches European high-yield practice
After losing a number of finance partners in the last 12 months, Ashurst has made moves to re-strengthen its City offering and is developing a European high-yield offering for the first time. Continue reading “‘It has been an obstacle’: Ashurst launches European high-yield practice”
‘Mixed emotions’: Facebook appoints Olswang partner Caddick as new regulatory and litigation head in Europe
Ahead of the tripartite merger between CMS, Nabarro and Olswang, Facebook has announced that it has taken on commercial disputes partner Anna Caddick from its external adviser Olswang as its EMEA head of regulatory and litigation.
Ashurst Paris corporate team chooses Freshfields as Magic Circle firm reinvigorates offering
Madeleine Farman on a rare team move between London-based international players
In one of the most significant team hires between major City players for some time, a group of five Paris corporate partners – collectively responsible for a book of business worth £8m – is moving from Ashurst to Freshfields Bruckhaus Deringer. Continue reading “Ashurst Paris corporate team chooses Freshfields as Magic Circle firm reinvigorates offering”
News in brief – March 2017
FRESHFIELDS SIGNS 20-YEAR LEASE ON NEW HQ
Freshfields Bruckhaus Deringer has signed a pre-let agreement on a 20-year lease in February to move from existing premises in Fleet Street to 100 Bishopsgate in 2021. The Magic Circle firm will reduce its London real estate by roughly a third when it takes out 255,000 sq ft of office space.