Reed Smith is opening a new office in Miami after hiring a seven lawyer arbitration and litigation team from local firm Astigarraga Davis. Continue reading “Moving into Miami: Reed Smith enters the market with seven lawyer disputes team”
Norton Rose Fulbright (NRF) has pulled off its second US merger, this time with New York-based Chadbourne & Parke, giving the Global 100 firm much-needed bench strength in Manhattan and project finance for what will be a $2bn-revenue firm.
The move will add considerable east coast capability to NRF, which the firm has lacked since its combination with Texas firm Fulbright & Jaworski in 2013, and is due to go live in the second quarter of 2017. The majority of Chadbourne lawyers will join NRF’s US business, while London partners are expected to join the Norton Rose Fulbright LLP within the Swiss Verein, which comprises the legacy Norton Rose business.
Barely into 2017 and it has already been an eventful year for verein-based law firms, with King & Wood Mallesons meeting a painful end in Europe while, in happy contrast, Norton Rose Fulbright (NRF) has just secured its second substantive US merger in the shape of Chadbourne & Parke.
The deal hands NRF 300 lawyers and a major upgrade to its Manhattan practice, which it certainly wanted and needed. Given the federal structure of NRF, the deal is primarily a merger within its US business, marrying the legacy Fulbright & Jaworski to a firm with complementary strengths across energy, projects and finance, nicely combining Fulbright’s Texas heartlands with Chadbourne’s New York base.
Continue reading “NRF’s New York merger – the trade-offs of federalism”
Allen & Overy‘s (A&O) global head of dispute resolution Tim House is to become senior partner of the US and Latin America as the Magic Circle firm continues its heavy push into the region. Continue reading “Managing Manhattan: A&O moves senior partner contender Tim House to New York”
Allen & Overy (A&O) has broken lockstep again for a New York finance team hired last week, about six months after it used its rejigged remuneration system to bring in a four partner leveraged finance team. Continue reading “‘We can compete’: A&O breaks lockstep again for new Manhattan finance team”
Allen & Overy (A&O) has continued its US push picking up a three partner finance and securities team from Paul Hastings. The team brings A&O’s US lateral hire count to six since the start of the year. Continue reading “A&O continues US spree with three finance partners from Paul Hastings”
Allen & Overy (A&O) has continued its expansion in the US with the appointment of Eugene Ingoglia to its investigations and litigation practice in New York, its third litigation hire in the US in a month. Continue reading “A&O continues US expansion with third litigation hire in a month”
As it continues its push for US expansion, Allen & Overy (A&O) has appointed two partners to its investigations and litigation practice in Washington DC. Meanwhile, a former A&O partner who had retired has resurfaced at Simmons & Simmons, while a team of four moved to Gibson, Dunn & Crutcher in Paris this week. Continue reading “Swings and roundabouts: A&O gains two in the US as former partners move to Simmons and Gibson Dunn”
Hunton & Williams is to decide in the next fortnight whether it will move to the next stage in merger talks with Addleshaw Goddard, Legal Business has learned, with Addleshaws also in talks to merge with German outfit Luther. Continue reading “Addleshaws US talks reach decisive stage as firm enters discussions with German outfit Luther”
Clyde & Co has been on a terrific run of growth in the last five years. With a new senior partner installed and his predecessor in the US, will the firm be able to maintain momentum?
When Legal Business sat down with Clyde & Co’s new senior partner Simon Konsta in November, the firm’s notoriously hands-on chief executive Peter Hasson was on holiday in Miami. While discussing Hasson’s intense focus on the day job, Konsta is asked if Hasson will be able to resist checking in. Minutes into the interview, Konsta’s phone starts ringing. It’s Hasson.
Continue reading “Sideways – A lateral move in leadership and big US ambitions for Clyde & Co”
