August 19, 2009 | International Edition
CC finance partner duo quit firm to join Dechert in New YorkDechert has strengthened its New York offering with the hire of two new partners from Clifford Chance's (CC's) office in the city. CC finance partners Stuart Strauss and Richard Horowitz will join the US firm's financial services group.
By Legal Week
2 minute read
August 18, 2009 | International Edition
Ex-Linklaters advocacy chief Humphries joins SRA boardFormer Linklaters advocacy head Mark Humphries has been appointed to the Solicitors Regulation Authority (SRA) board. Humphries is one of 14 members who will take up four-year posts on the board from January 2010. New entrants from City firms include Norton Rose's global head of competition Martin Coleman and recently-retired Slaughter and May competition partner Malcolm Nicholson.
By Legal Week
2 minute read
August 18, 2009 | International Edition
Weil Gotshal set to pass $100m mark for Lehman bankruptcy feesWeil Gotshal & Manges is set to cross the $100m (£60.5m) mark in total billings on the Lehman Brothers bankruptcy after the firm filed its second application for legal fees and expenses. The second application covers the four-month period from 1 February to 31 May, and comes just days after the approval of Weil's initial request for $55m (£33.3m) in fees and expenses for the period of 15 September 2008 to January 2009.
By Legal Week
3 minute read
August 18, 2009 | International Edition
Sullivan's City arm takes lead role on $2bn Rio Tinto sell-offSullivan & Cromwell's London office has sealed its second deal for Rio Tinto in little more than a month, advising on the $2bn (£1.2bn) disposal of four packaging business units of its subsidiary Alcan. The mining giant is offloading Alcan's tobacco and drugs packaging units as well as its European and Asian food packaging arms to Australian group Amcor.
By Legal Week
2 minute read
August 18, 2009 | International Edition
A&O boosts India links as capital markets partner joins referral firmAllen & Overy (A&O) is set to strengthen its relationship with India's Trilegal as the referral firm takes on a partner from the magic circle firm. Capital markets partner Srinivas Parthasarathy is to leave A&O's Singapore office to take up a new position as a partner in Trilegal's Mumbai office at the start of October. He will head the capital markets group at the Indian firm.
By Legal Week
2 minute read
August 17, 2009 | International Edition
CC names new managing partner for Kiev operationClifford Chance (CC) has appointed a new managing partner for its Kiev office, with finance partner Jared Grubb to replace Nick Fletcher in the role. Grubb, who joined CC from the Moscow office of CMS Cameron McKenna in 2007, focuses on bank lending, financing and debt restructuring in Russia, Ukraine and other CIS countries. He relocated from Moscow to Kiev in May.
By Legal Week
2 minute read
August 17, 2009 | International Edition
Five ways to make access fairerAs a female, non-white, non-Oxbridge, state-school educated barrister, I am in the minority of those at the Bar in any number of ways. In fact, if I had a fiver for each time a client said to me "You don't look like a barrister", I could probably retire from practice altogether.
By Legal Week
4 minute read
August 17, 2009 | International Edition
Greenberg recruits White & Case partner duo as City growth continuesGreenberg Traurig Maher is set to bring in two more partners from White & Case in London as the US firm continues its push in the City. Banking and capital markets partners Andrew Caunt and Andrew Croxford are both set to join Greenberg over the next few days. Their appointments come only weeks after Legal Week reported that Greenberg was launching a capital markets practice in the City with the hire of fellow White & Case partner Tim Jeveons.
By Legal Week
2 minute read
August 17, 2009 | International Edition
Career Clinic: Which area of law will be best for my long-term ambitions?"I am 23-year-old law graduate with a post-grad in business strategy/management & entrepreneurship. I have managed to secure a training contract with a top City law firm for September 2010. "My problem, however, is that while I am genuinely interested in and have enjoyed law so far, my true passion (perhaps true financial freedom) lies in becoming an entrepreneur. Not to sound like a complete mercenary, but I really see law as a stepping stone knowledge-wise and financially and do not intend to be in it for more than five years.
By Legal Week
1 minute read
August 17, 2009 | International Edition
CC and Freshfields help VW and Porsche tie the knotClifford Chance (CC) and Freshfields Bruckhaus Deringer have advised Volkswagen and Porsche as the two European car icons took the first step in creating a combined company that could challenge Toyota's dominance in global auto sales. Under the terms of the new merger agreement, VW will initially spend $4.7bn (£2.9bn) to acquire a 42% stake in Porsche as the first step in a long-term combination that will be finalised by 2011. Volkswagen will issue new stock in 2010 to fund that purchase.
By Legal Week
2 minute read
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