Pui Guan Man

October 02, 2012 | International Edition

Clifford Chance (CC), Linklaters and Simpson Thacher & Bartlett have taken roles on KKR's acquisition of UK oil and gas company Acteon, in a deal valued at around £800m. The transaction has seen energy-focused private equity group First Reserve sell its 52% stake in the company to US buyout giant KKR.

By Pui-Guan Man

2 minute read

October 01, 2012 | International Edition

Berrymans Lace Mawer is set to launch a new office in Dublin as the top 50 UK law firm kicks off an expansion strategy. The insurance specialist's new practice in the Republic of Ireland, which opens today (1 October), will focus on motor, liability and property damage claims, aiming to create and develop client relationships in the region.

By Pui-Guan Man

2 minute read

September 28, 2012 | International Edition

Norton Rose has lost a duo of London disputes partners with Joseph Tirado joining US firm Winston & Strawn, while Steve Abraham has joined Baker & McKenzie.

By Pui-Guan Man

2 minute read

September 27, 2012 | International Edition

Nabarro and Wragge & Co have landed key roles in a deal that saw Hammerson buy a £65m stake in a south London shopping mall.

By Pui-Guan Man

2 minute read

September 27, 2012 | International Edition

The UK's 100 largest law firms by revenue have seen their slowest income growth rate for six quarters, with the largest firms seeing the most sluggish growth.

By Pui-Guan Man

3 minute read

September 27, 2012 | International Edition

Irwin Mitchell has secured the hire of Nabarro corporate and commercial partner Andrea Cropley, after news of her resignation emerged last week.Cropley, who was principally based in Nabarro's Sheffield office, will join the top 20 firm's local office in the coming months.

By Pui-Guan Man

2 minute read

September 26, 2012 | International Edition

SJ Berwin is set to ask a small number of partners to leave as the firm looks to cut back in response to market conditions. The City firm is launching a restructuring that what will see a number of partners leave the firm, although it is not clear which practice areas will be affected. It is understood that there will not be any de-equitisations associated with the re-structuring.

By Pui-Guan Man

2 minute read

September 24, 2012 | International Edition

The highest paid partner at Salans made €1.4m (£1.1m) in 2011 according to limited liability partnership accounts recently filed with Companies House, up from €1.2m (£957,045) the previous calendar year. The accounts show that by the close of 2011 the firm, currently in merger talks with SNR Denton, had 189 partners, up from 175 at the close of 2010. Average staff numbers also increased over the year, rising from 1,384 in 2010 to 1,415, with this increase coming against a drop in staff costs to €70.6m (£56.2m) in 2011, compared with €74.7m in 2010. Around 80% of the staff costs went on wages and salaries, with the rest attributed to social security costs.

By Pui-Guan Man

2 minute read

September 23, 2012 | International Edition

Clyde & Co, Hogan Lovells and Eversheds are among the latest firms to have confirmed their autumn trainee retention rates, with Clydes reporting a substantial increase to 94%. Thirty-four of 36 newly-qualified (NQ) trainees accepted roles at the firm, resulting in the high retention rate. Last September, Clydes kept on 77% of its NQ lawyers, with 20 of a 26-strong intake taking jobs at the firm.

By Pui-Guan Man

2 minute read

September 21, 2012 | International Edition

Nabarro is set to see the departure of two more senior partners, including employment chief Julie Quinn. Quinn, who has resigned to join US firm Jones Day, joined Nabarro in 2008 after 13 years at Allen & Overy. In addition to her employment practice she also has significant experience in international project management and is also a former deputy chair of the Employment Lawyers Association.

By Pui-Guan Man

2 minute read