After spending most of 2015 launching new offices and forming international alliances, Kennedys has announced one merger and two formal alliances with three Scandinavian firms in a bid to boost its European presence.
Dentons continues international expansion with Luxembourg tie-up
Dentons has announced its fifth merger of 2015 and today (25 November) confirmed a tie-up with Luxembourg firm OPF Partners, a deal which will add 34 lawyers including nine partners to the roster and incorporate the latter firm into Dentons’ European LLP.
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Gowlings longstanding leader Jolliffe to step down prior to Wragges tie-up
Gowlings joint managing partner Peter Lukasiewicz will be the next chief executive officer (CEO) and chair of Gowlings, as long-term leader Scott Jolliffe prepares to step down from both posts after almost eight years.
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Eversheds inches closer to US tie-up as Foley & Lardner emerges as front runner
Eversheds is moving closer to its much sought-after US merger, with Foley & Lardner identified as the primary candidate for a deal.
After a vote last June in which the Eversheds partnership heavily backed a US tie-up the firm’s executive, which includes chair Paul Smith and chief executive Bryan Hughes, have narrowed discussions down to two law firms. Milwaukee-based Global 100 firm Foley & Lardner, with revenues this financial year of $665m, has emerged as a leading candidate.
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Vaulting ambition: Clydes expands with Scottish tie-up
Simpson & Marwick merger signed as firm eyes 2016 Miami launch
After months of negotiations, Clyde & Co successfully secured a merger with Scottish firm Simpson & Marwick last month, following other London-based insurance players in establishing a presence in Scotland and adding £30m to the Global 100 firm’s top line.
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‘A key gateway’: Osborne Clarke formalises Hong Kong JV
Asia move continues following India play
Osborne Clarke (OC) said Hong Kong was its ‘key gateway’ as it heads deeper into Asia by formalising its relationship with local firm Koh Vass & Co.
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Scottish play: Clyde & Co seals Simpson & Marwick deal
After months of negotiations, Clyde & Co has successfully secured a merger with Scottish firm Simpson & Marwick, following other London-based insurance players in establishing a presence in Scotland and adding around £30m to the Global 100 firm’s top line.
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PEP up to £265k as BLM’s mergers lift firm past £100m turnover mark
Helped by its Scottish and Northern Ireland mergers, BLM has surpassed the £100m turnover mark and posted £104m in revenues for the 2014/15 financial year.
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News in brief – July 2015
FRESHFIELDS BREAKS CITY LOCKSTEP TO BRING IN KIRKLAND’S McKIMM
Freshfields Bruckhaus Deringer’s hire of Kirkland & Ellis high-yield heavyweight Ward McKimm made waves in the City in June. Joining as co-head of European leveraged finance, McKimm’s salary is understood to be well above the firm’s City top of equity.
Mergers helps drive 11% revenue growth at CMS with profits up 3%
With two mergers under its belt in 2014, CMS has unveiled double digit growth in revenue for the financial year ending 31 December 2014 with turnover up by 11% to €934.5m (£753.3m).
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