Friederike Heine

April 03, 2012 | International Edition

Baker & McKenzie's London office has posted an 8% drop in profits available for distribution during the 2010-11 financial year, with the highest earner in the firm's City arm taking home £872,000.

By Friederike Heine

2 minute read

March 29, 2012 | International Edition

Linklaters is overhauling its international board, with eight of the 14 elected members on the oversight body set to be replaced. These include London partners David Ereira and Charlie Jacobs, who won seats to represent the finance and corporate departments respectively in 2009 and are likely to be replaced at the end of the financial year.

By Friederike Heine

2 minute read

March 29, 2012 | International Edition

City partners believe Chancellor George Osborne's Budget will boost business confidence and activity levels, despite concerns that taxation in the UK is too high and that more needs to done to boost London's position as an international finance centre.

By Friederike Heine

4 minute read

March 29, 2012 | International Edition

Dewey & LeBoeuf this week set out plans to comprehensively overhaul its management as the US giant moves to allay doubts about its business. The firm announced plans to demote chairman Steven Davis on 26 March in an overhaul that will see the heads of its most profitable practices – bankruptcy, corporate, litigation and public policy – join a temporary new five-member management team alongside Davis.

By Friederike Heine

4 minute read

March 29, 2012 | International Edition

Riding a dynamic private sector in one of the world's most touted emerging economies, Indian law firms have rapidly evolved in recent years. Friederike Heine asks if this legal elite is ready to compete on the global stage

By Friederike Heine

28 minute read

March 28, 2012 | International Edition

Ashurst has made up 11 of its London lawyers to partner in a 16-strong global promotions round. The promotions, which will take effect on 1 May, include three in the firm's corporate practice, with two in dispute resolution, finance, real estate and transport, and one apiece in antitrust, energy, infrastructure, pensions and tax.

By Friederike Heine

2 minute read

March 27, 2012 | International Edition

Dewey & LeBoeuf has appointed London partner Stephen Horvath to a new role of executive partner amid a top-level shake-up which will see firmwide chairman Steven Davis return to practice. An internal memo seen by Legal Week confirms that Davis will "move from chairman of the firm to return to the practice of law", relocating to London to oversee the firm's operations outside the US.

By Friederike Heine

4 minute read

March 27, 2012 | International Edition

Collyer Bristow has advised on a successful libel action brought by former New Zealand cricketer Chris Cairns in response to accusations of match-fixing made on Twitter. The case, reportedly the first Twitter libel case in England, was launched in response to a tweet published in January 2010 by Lalit Modi, the former chairman of the Indian Premier League, which connected the cricketer to match-fixing offences.

By Friederike Heine

2 minute read

March 26, 2012 | International Edition

Dewey & LeBoeuf has brought forward negotiations with its bankers regarding its loan agreements, as chairman Steve Davis relocates to London as a part of a management shake-up. The US firm has overhauled its management team, with its heads of bankruptcy, corporate, litigation and public policy joining a new five-member management team after calls from the partnership for "more hands-on management".

By Friederike Heine

3 minute read

March 22, 2012 | International Edition

Mayer Brown is looking to introduce new financial hedging products that would allow the firm to protect its billings from fluctuating currency values. The US law firm, which last year hired a global treasury manager to centralise its approach, is considering whether to introduce new bank products that would allow it to exchange dollars or euros into sterling at a pre-determined fixed rate for a number of years.

By Friederike Heine

2 minute read