Friederike Heine

May 10, 2012 | International Edition

Mayer Brown has agreed deals to sublet around 10% of its London office space in 201 Bishopsgate to other law firms. US firm Locke Lord, which launched on 1 February this year with the hire of a seven-partner team from Salans, took on space in Mayer Brown's 182,000 sq ft building in February this year.

By Friederike Heine

2 minute read

May 10, 2012 | International Edition

Orrick Herrington & Sutcliffe has hired a group of London and Moscow-based corporate finance lawyers from embattled US firm Dewey & LeBoeuf, including Moscow partner duo Leo Batalov and Dmitry Gubarev. Batalov and Gubarev are joining Orrick's Moscow office alongside a team of associates. The group focuses on corporate finance transactions, M&A, securities law and general corporate work.

By Friederike Heine

2 minute read

May 10, 2012 | International Edition

Ashurst has appointed a new board member following the announcement that Paris finance partner Laurent Mabilat has stepped down after two three-year terms on the oversight body. Singapore managing partner Matthew Bubb, who specialises in banking and project finance, replaced Mabilat on the board at the beginning of May.

By Friederike Heine

2 minute read

May 08, 2012 | International Edition

Fulbright & Jaworski City disputes partner Richard Hill is set to leave the US firm to join Royal Dutch Shell as associate general counsel in its newly-launched global disputes group. Hill, who will meet trial commitments in the coming weeks before joining the energy giant's London operation in August, focuses on disputes in sectors including energy, power and transportation.

By Friederike Heine

2 minute read

May 08, 2012 | International Edition

Weil Gotshal & Manges has hired a highly-regarded five partner corporate team from Dewey & LeBoeuf's Silicon Valley office led by partner Richard Climan. The sought after team, which also held talks with firms including Greenberg Traurig and Reed Smith, includes Silicon Valley-based corporate partners Keith Flaum, Jane Ross, Jim Griffin and John Brockland.

By Friederike Heine

4 minute read

May 04, 2012 | International Edition

Mayer Brown is set to cut up to 20 jobs in its London office, with both lawyers and support staff affected. The firm would not confirm the breakdown of legal and non-legal staff or the practice areas affected by the cuts. However it is understood that the City corporate and finance teams could be affected.

By Friederike Heine

2 minute read

May 04, 2012 | International Edition

Linklaters has increased its salary bands for associates with between one and three years' post-qualification experience (PQE), after freezing pay bands across the board last year.The firm confirmed its new pay bands today (4 May), becoming the third magic circle firm to announce 2012 associate salaries.

By Friederike Heine

2 minute read

May 03, 2012 | International Edition

Latham & Watkins and Linklaters have taken lead roles on Watson Pharmaceuticals' €4.25bn (£3.47bn) acquisition of Actavis in a deal which will create the third-largest global generic drug maker.

By Friederike Heine

2 minute read

May 03, 2012 | International Edition

The fate of embattled Dewey & LeBoeuf's City arm looked sealed this week as a newly-appointed London crisis management committee began assessing options for an orderly wind-down of the business.

By Friederike Heine

4 minute read

May 03, 2012 | International Edition

Dewey & LeBoeuf's London managing partner Peter Sharp has agreed a deal to take a team of City litigation partners to Morgan Lewis & Bockius, while US corporate heavyweight Morton Pierce is joining White & Case along with seven other partners. Sharp, who resigned from Dewey this morning, will be joined at Morgan Lewis's City base by fellow London litigation partners David Waldron - who co-chairs both the firm's litigation group outside of the US and the energy litigation practice group - and Nick Greenwood.

By Friederike Heine

4 minute read