Simon Petersen

June 20, 2011 | International Edition

Shepherd and Wedderburn has posted a 6% increase in turnover for the 2010-11 financial year alongside a 16% growth in profits. The firm saw revenues rise to £37.3m, citing strong performances in key practice areas such as real estate and energy. The firm's corporate finance team was involved in more than 50 deals over the year with an aggregate value in excess of £8bn.

By Simon Petersen

2 minute read

June 17, 2011 | International Edition

A group of former Halliwells partners have been issued with a demand from the firm's administrators BDO to repay around £21m related to a controversial 'reverse premium' property payout. The letters, which were received by a number of former partners this week, demand the repayment of money linked to a multimillion-pound payout awarded to around 40 former Halliwells equity partners.

By Simon Petersen

3 minute read

June 17, 2011 | International Edition

De Brauw Blackstone Westbroek has reopened in Brussels almost 10 years after the Dutch independent closed its former base in the Belgian capital. The office, which opened yesterday (15 June), will focus on international competition and European law issues and will be headed by competition and regulation partner Douwe Groenevelt.

By Simon Petersen

2 minute read

June 15, 2011 | International Edition

Freshfields Bruckhaus Deringer and Allen & Overy (A&O) are among a five-firm line-up selected to advise on the 2014 Winter Olympics in Russia. The magic circle pair have been appointed alongside Hogan Lovells, DLA Piper and White & Case to advise the organising committee for the Sochi Winter Olympics and Paralympic Winter Games.

By Simon Petersen

2 minute read

June 15, 2011 | International Edition

Goltsblat BLP has strengthened its Russian banking and finance team with the appointment of a new partner from Linklaters. Oleg Khokhlov will join Goltsblat BLP's Moscow arm later this month from Linklaters, where he was a managing associate in the firm's local office.

By Simon Petersen

2 minute read

June 15, 2011 | International Edition

Canadian law firm Gowling Lafleur Henderson is set to launch its first office in Asia, with a Beijing opening planned for later this year. The firm has applied for a licence to set up a representative office in the Chinese capital, with plans to open officially in September.

By Simon Petersen

2 minute read

June 15, 2011 | International Edition

Osborne Clarke has hired its first dedicated funds partner, bringing in Berwin Leighton Paisner (BLP) partner 
Tim Simmonds. Simmonds, who was based in London until he left BLP at the end of May, is set to join Osborne Clarke in Bristol next week (20 June), where he will be responsible for developing the firm's funds practice across all types of investment funds, including private equity, venture capital, real estate and hedge funds.

By Simon Petersen

2 minute read

June 15, 2011 | International Edition

Lateral partner hiring by international firms in London rebounded by almost 50% last year, according to new Legal Week research. Legal Week's annual international firms in London survey, which includes submissions from most major foreign practices operating in the Square Mile, found that 93 lateral partner hires were made across the 62 firms surveyed, up 41% from just 66 the previous year.

By Simon Petersen

2 minute read

June 15, 2011 | International Edition

Charles Russell has posted a 2% increase in revenues against a 2.5% rise in profits per equity partner (PEP) for the 2010-11 financial year. The top 50 UK law firm saw revenues rise to £64.5m during the last financial year up from £63.2m in 2009-10, with PEP moving from £259,000 to £266,000.

By Simon Petersen

2 minute read

June 15, 2011 | International Edition

Addleshaw Goddard has boosted its Manchester corporate team with the hire of a partner from DLA Piper. Neal Shepherd, who has been at DLA in 1992 and made partner in 1996, is set to join Addleshaws at the end 
of August.

By Simon Petersen

2 minute read