February 24, 2012 | International Edition
Hogan Lovells to enter Brazilian market with Rio de Janeiro launchHogan Lovells is to join the select band of international law firms to have entered the Brazilian market, with the firm confirming plans for a Rio de Janeiro launch later this year.
By Friederike Heine
2 minute read
February 09, 2012 | International Edition
A&O abolishes mandatory retirement age as top law firms review policiesAllen & Overy (A&O) is abolishing its mandatory partner retirement age of 60 as a growing number of major City law firms move away from compulsory retirement dates for partners in the UK. The City giant's move comes as research by Legal Week found that SJ Berwin, Nabarro and Holman Fenwick Willan are also currently reviewing their policies in the wake of legislative changes which have phased out default retirement ages for UK employees.
By Friederike Heine
3 minute read
February 09, 2012 | International Edition
Outside the citadel - are you ready for a career after law?Despite mounting pressure to retire early, partners still struggle to forge fulfilling careers outside the legal profession. Friederike Heine reports
By Friederike Heine
30 minute read
February 05, 2012 | International Edition
Ashurst makes debut for new client opposite Linklaters on $800m TPG buyoutLinklaters and Ashurst have taken lead roles on TPG Capital's $800m (£508m) acquisition of hedge fund services company GlobeOp. Linklaters won the lead role for the buyout house, fielding a team led by corporate partner Charlie Jacobs and private equity partner Carlton Evans.
By Friederike Heine
2 minute read
February 02, 2012 | International Edition
Linklaters to shift client focus and crack down on partner performanceLinklaters is consulting with partners about its new five-year strategy, with a revised client focus, expansion in Germany and better performance management for partners at the heart of the plans. London partners received a consultation document last month, with initial discussions about the plan now being led by practice group heads.
By Friederike Heine
3 minute read
February 02, 2012 | International Edition
CC, Linklaters and SNR Denton take lead roles as Petroplus files for administrationClifford Chance (CC), Linklaters and SNR Denton have picked up lead roles after one of Europe's largest independent refiners, Petroplus, defaulted on $1.75bn (£1.12bn) of debt and filed for insolvency last week (24 January). The Swiss company's UK arm, Petroplus Refining & Marketing, a key source of petrol for London and the Southeast, instructed magic circle firm CC on the insolvency, with London restructuring partner John MacLennan taking the lead.
By Friederike Heine
2 minute read
February 02, 2012 | International Edition
Is thoroughly mysterious Dechert ready for some straightforward City investment?Friederike Heine assesses the prospects for a hard-to-define global law firm with renewed ambition...
By Friederike Heine
7 minute read
February 02, 2012 | International Edition
Links and Freshfields take top roles on proposed $82bn mining mergerLinklaters and Freshfields Bruckhaus Deringer have won lead roles on a proposed merger between commodities trader Glencore and mining giant Xstrata worth around $82bn (£50bn). Xstrata confirmed it had received an approach from Glencore for an all-share merger of equals in a statement earlier today (2 February), adding that there was no certainty that any offer would be made. The merger would create one of the biggest mining companies in the world.
By Friederike Heine
2 minute read
February 02, 2012 | International Edition
K&L Gates merges with Italian indie to launch in MilanK&L Gates is set to merge with Italian firm Marini Salsi Picciau Studio Legale, giving the firm its first presence in the country. The new Milan office will become the US firm's 41st office globally and gifts the firm capabilities in a range of practices including corporate, infrastructure projects, restructuring and bankruptcy, as well as litigation and arbitration.
By Friederike Heine
2 minute read
February 02, 2012 | International Edition
Jones Day and Covington recruit for London white collar crime teamsJones Day and Covington & Burling have become the latest US law firms to bolster their white collar investigations practices in London, making hires from the Serious Fraud Office (SFO) and Baker Botts respectively. Jones Day is bringing in Glyn Powell, who has headed up the fraud business area at the SFO since 2004.
By Friederike Heine
2 minute read
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