Friederike Heine

December 02, 2011 | International Edition

CMS Cameron McKenna has posted a 5% increase in half year revenues, with turnover standing at £106m for the first six months of 2011-12. The UK firm also posted a 5% increase for the same period last year, taking unaudited revenues to around £100m. The firm had seen a 13% dip at the same point in 2009-10.

By Friederike Heine

2 minute read

December 01, 2011 | International Edition

Bingham McCutchen is set to launch in Beijing with a lateral hire from US rival Jones Day, as well as a senior relocation from its Tokyo arm. Beijing-based Jones Day partner Xiaowei Ye and Bingham corporate partner Brian Beglin will act as joint heads of the new office, which marks the firm's third location in Asia in addition to Tokyo and Hong Kong.

By Friederike Heine

2 minute read

November 30, 2011 | International Edition

Hogan Lovells and Berwin Leighton Paisner have taken lead roles on Prudential's £400m sale of Green Park business park near Reading to Oxford European Holdings. The transaction, which closed earlier this month (18 November), marks Prudential's biggest-ever asset disposal and is the culmination of a 24-year project at the site, with Hogan Lovells advising on its assembly, development and disposal.

By Friederike Heine

2 minute read

November 30, 2011 | International Edition

White & Case has promoted six London lawyers to its partnership out of a global total of 21; however to are subsequently being relocated. The promotions, which will take effect in the New Year (1 January), include London-based capital markets lawyers Melissa Butler and Sean Johnson, with Johnson set to relocate to Abu Dhabi in 2012.

By Friederike Heine

3 minute read

November 30, 2011 | International Edition

Linklaters' operations in Asia and America both saw double-digit increases in revenue during the 2010-11 financial year, according to the City law firm's latest public accounts. The accounts, which cover the period from 1 May 2010 to 30 April 2011, show revenues for the regions respectively stood at £135.2m and £88.4m, representing increases of 10% and 12%.

By Friederike Heine

2 minute read

November 30, 2011 | International Edition

Shearman & Sterling has become the first US firm in London to publish diversity statistics ahead of a controversial requirement from the Legal Services Board (LSB) that will make such reporting compulsory from December 2012.

By Friederike Heine

2 minute read

November 30, 2011 | International Edition

Linklaters and Clifford Chance (CC) have taken lead roles on Rolls Royce's longevity swap with Deutsche Bank, which is set to reduce the risk on approximately £3bn of pension fund liabilities. Linklaters advised the company's trustees on the agreement, which will give additional security to all members of the company's final salary pension scheme. The magic circle firm fielded a team including capital markets of counsel Joan Ma and associates Kyara Mathias and Claire Warren, as well as pensions partner Claire Petheram and of counsel Lorna Buckland.

By Friederike Heine

2 minute read

November 29, 2011 | International Edition

Linklaters invested £8m in cash, pro bono and volunteering time in the communities around its offices during the last financial year, despite the fact the time its staff spent volunteering fell by 31.5% compared with the previous year.

By Friederike Heine

2 minute read

November 29, 2011 | International Edition

Simpson Thacher & Bartlett, Sullivan & Cromwell and McDermott Will & Emery have become the latest US firms to announce their global partner promotions, with Simpson Thacher emerging as the only firm to add London lawyers to its partnership.

By Friederike Heine

3 minute read

November 25, 2011 | International Edition

Simmons & Simmons has become the latest firm to post its half-year results, with the top 20 practice seeing a 6% increase in revenues for the first half of the current financial year. The 200-partner firm generated fee income of £124.8m for the first six months of the 2011-12 year - up from £117.7m at the same point last year. The top-line rise translated into a 24% increase in profits.

By Friederike Heine

2 minute read