Pui Guan Man

November 06, 2013 | International Edition

Eversheds and Baker Botts have landed key roles on Siemens' joint venture with energy services company Wood Group, which will create a $1bn (£624m) oil and gas rotating equipment business. Aberdeen-based Wood Group is spinning off the majority of its maintenance and power solutions operation into a joint venture with the German company.

By Pui-Guan Man

2 minute read

November 05, 2013 | International Edition

DLA Piper has sealed the hire of Clifford Chance (CC) leveraged finance partner Tony Lopez for its structured finance team. Lopez, who is US-qualified, joined CC's Manhattan office in 2006, brought in from Cahill Gordon & Reindel, before relocating to the magic circle firm's London office in 2011.

By Pui-Guan Man

1 minute read

November 04, 2013 | International Edition

Clifford Chance (CC) has opened the nominations process for its London managing partner elections, as current postholder David Bickerton's term draws to an end in December. The partnership has been invited to nominate potential candidates, although the date for a vite has yet to be decided.

By Pui-Guan Man

2 minute read

November 04, 2013 | International Edition

King & Wood Mallesons SJ Berwin's real estate partner David Ryland has left the firm after 25 years in the partnership to join US outfit Paul Hastings. Ryland joined legacy SJ Berwin in 1981 and was made up as partner in 1988. His practice focuses on commercial real estate with particular emphasis on UK and European property funds, property finance, hotel transactions and development.

By Pui-Guan Man

2 minute read

November 01, 2013 | International Edition

Allen & Overy (A&O) has upped associate salaries at the financial half-year mark, with increased salaries for junior lawyers across the board. Associates with two year's PQE and three years' PQE have seen the largest salary increases, with the former taking home £78,500, which increased from £74,500. Those with three years' experience have seen salaries jump by £3,000 to £89,000.

By Pui-Guan Man

3 minute read

October 31, 2013 | International Edition

Slaughter and May has teamed up with a band of African law firms to target disputes work from overseas investors in the continent. The elite firm has joined forces with firms in 10 jurisdictions to advise companies investing in those markets on managing and mitigating the risks of disputes. Corporate partner Nigel Boardman, who heads the firm's Africa group, is leading the project alongside litigation partner James Stacey.

By Pui-Guan Man

2 minute read

October 31, 2013 | International Edition

Clifford Chance (CC) is looking to expand the use of resource managers to ease partner workload following the successful completion of a pilot scheme. Two resource managers recruited to allocate associates' workloads on a trial basis in the magic circle firm's London corporate and capital markets practices have now been given permanent roles, and the firm is now considering hiring further resource managers to manage associates' workloads in other practice areas. The firm said it hoped to draw on expertise from the 'Big 4' consultancy firms in its recruitment.

By Pui-Guan Man

2 minute read

October 31, 2013 | International Edition

Taylor Wessing is planning to dramatically increase its Middle East presence, with the firm eyeing launches in Saudi Arabia, Kuwait and Qatar (pictured). The firm is in talks over how to grow in the region, with a string of strategic local tie-ups thought to be the likely option. Any new offices or alliances would be managed from the firm's Dubai base, its only current outpost in the Middle East. Incoming Middle East managing partner Mark Fraser, who is set to succeed Christopher Dixon next month, said: "When it comes to international offices, it is so important to get it right. If we take Doha as an example, it is a heavily lawyered market so determining the appropriate strategy is key.

By Pui-Guan Man

2 minute read

October 31, 2013 | International Edition

Davis Polk & Wardwell, Cleary Gottlieb Steen & Hamilton and Linklaters have won roles on PricewaterhouseCoopers' (PwC's) proposed takeover of management consulting firm Booz & Co. PwC's advisory arm has reached an agreement with Booz, with the partnership at the latter set to vote on the proposals in December. The value of the deal has not been disclosed.

By Pui-Guan Man

2 minute read

October 31, 2013 | International Edition

Garrigues has announced a 1.7% revenue dip for 2012-13, with revenues falling to €331.9m (£284.5m) in the 12 months leading to 31 August 2013. The results follow a particularly hard year for Spanish law firms in 2011-12, with Garrigues last year reporting a 5% dip to €337.6m (£289.3m). Meanwhile the firm has promoted 14 new partners to the equity. Five new partners are based in Madrid, two in Barcelona and one each in Shanghai, Alicante, Murcia, Oporto, Pamplona, Valencia and Vitoria.

By Pui-Guan Man

2 minute read