November 23, 2011 | International Edition
Great contacts, grind and patience – what it takes to open doors to key Chinese clientsThere's no magic formula for winning China clients, writes Sofia Lind, but pragmatism and a full Rolodex don't hurt
By Sofia Lind
7 minute read
November 23, 2011 | International Edition
Hong Kong horizons - what will the Asian legal market look like in 2021?Key Asian economies have established themselves globally as the West falters. Sofia Lind asks what the regional economy will look like in 2021
By Sofia Lind
31 minute read
November 22, 2011 | International Edition
Simmons' first LLP filings show 8% drop in equity partner numbersSimmons & Simmons has filed its first-ever limited liability partnership (LLP) accounts with the documents highlighting a reduction in headcount over the last financial year, including an 8% decrease in equity partner numbers.
By Sofia Lind
2 minute read
November 16, 2011 | International Edition
SNR London real estate duo set to depart for Stephenson HarwoodSNR Denton is to lose a London partner duo to Stephenson Harwood, including its joint head of real estate finance. The double hire of Andrew Hill and Paul Hayward-Surry comes after real estate finance partner James Linforth joined Stephenson Harwood from SNR Denton in early October.
By Sofia Lind
2 minute read
November 16, 2011 | International Edition
A&O posts 11% revenue rise for first half as Eversheds income climbs 6.7%Allen & Overy (A&O) and Eversheds have both confirmed increases in revenue at the half-year point, with A&O posting an 11% hike while Eversheds saw fee income climb by just under 7%. A&O cited recent investment in key international markets as the principal driver of its double-digit growth, with the firm bringing in revenues of £582m for the period from 1 May to 31 October, up from the figure of £526m the firm took in during the equivalent period last year.
By Sofia Lind
3 minute read
November 16, 2011 | International Edition
Simmons wins role on Secure Trust's AIM listingSimmons & Simmons has taken a first-time role for Secure Trust Bank on the retail bank's Alternative Investment Market (AIM) listing. The listing, announced on 28 October, has seen the fast-growing lender raise £25m, valuing it at £102m. The deal also handed a role to Norton Rose, which acted for Hawkpoint Partners, the nominated adviser, and Collins Stewart, the broker.
By Sofia Lind
2 minute read
November 16, 2011 | International Edition
SJB, CC and others act as music company EMI split in two and soldSJ Berwin and Clifford Chance (CC) are among a host of firms to win roles as beleaguered music company EMI is split into two, with Universal Music set to take over the recording unit for £1.2bn and a Sony-led consortium bidding $2.2bn (£1.4bn) for the publishing business. EMI, home to artists including Pink Floyd, the Beatles and Blur, has been under Citigroup's ownership since February this year when it took it over from buyout house Terra Firma.
By Sofia Lind
3 minute read
November 16, 2011 | International Edition
Taylor Wessing names new senior partner as Winter steps downTaylor Wessing has elected real estate partner Adam Marks as the new senior partner of its UK arm. Marks took up a three-year term at the Anglo-German firm's helm earlier this month (1 November) replacing Martin Winter, who has stepped down after six years in the role.
By Sofia Lind
2 minute read
November 11, 2011 | International Edition
Solicitors' professional indemnity insurance sees 20% riseThe total amount of compulsory professional indemnity insurance (PII) payments by solicitors has risen by 20% this year, according to new figures from the Solicitors Regulation Authority (SRA) The cost of the compulsory layer of PII for the 10,917 practices in England and Wales is up to £256m for 2011-12, 20% higher than last year's figure of £214m.
By Sofia Lind
3 minute read
November 11, 2011 | International Edition
SJ Berwin and CC lead as Universal and Sony-consortium split EMISJ Berwin and Clifford Chance (CC) are among a host of firms to win roles as beleaguered music company EMI is to be split into two, with Universal Music set to take over the recording unit for £1.2bn and a Sony-led consortium bidding $2.2bn (£1.4bn) for the publishing business.
By Sofia Lind
3 minute read
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