Sofia Lind

May 19, 2010 | International Edition

Denton Wilde Sapte has posted a 20% increase in profits per equity partner (PEP) as it becomes the first UK top 50 law firm to release its 2009-10 financial results. The top 20 firm also recorded stable revenues, with a drop of just 1% to £167.5m from the £169.8m taken in during the 2008-09 financial year.

By Sofia Lind

2 minute read

May 19, 2010 | International Edition

Clifford Chance (CC) has added to its New York office with the hire of a restructuring partner from Pillsbury Winthrop Shaw Pittman. Rick Antonoff has joined CC's financial restructuring team, which is part of the US restructuring group headed up by New York partner Andrew Brozman. Antonoff's practice focuses on insolvency and restructuring as well as commercial litigation.

By Sofia Lind

2 minute read

May 19, 2010 | International Edition

Linklaters and Dewey & LeBoeuf have taken lead roles on a $1.34bn (£907m) cross-border mining deal which is set to see Indian mining group Vedanta Resources become the world's largest zinc producer. The deal sees Vedanta purchase three zinc mines from rival conglomerate Anglo American, including the Skorpion mine in Namibia, Lisheen in Ireland and a 74% stake in Black Mountain in South Africa.

By Sofia Lind

2 minute read

May 19, 2010 | International Edition

Simmons & Simmons has saved £30m over the last 15 months through extensive cost-saving measures as the law firm aims to reel in its expenses for leaner times. The City firm's international executive committee rolled out a programme of spending cuts which led to the departure of a number of partners as well as the renegotiation of some of its building lease agreements.

By Sofia Lind

2 minute read

May 17, 2010 | International Edition

Taylor Wessing has announced its annual round of partner promotions with the firm's German offices receiving the vast majority of the new appointments. The Anglo-German firm has made up a total of 12 new partners, eight of which are based in Germany across Hamburg, Duesseldorf, Berlin and Munich.

By Sofia Lind

2 minute read

May 14, 2010 | International Edition

Norton Rose has announced its first round of counsel promotions since the firm's merger with Australia's Deacons, with 23 making the grade including five in London. In total, eighteen have been promoted to of counsel, while five lawyers have joined the firm's special counsel ranks in Sydney and Melbourne.

By Sofia Lind

2 minute read

May 14, 2010 | International Edition

CMS Cameron McKenna is set to outsource its entire support staff function after signing an agreement with Integreon. The UK top 20 firm's staff were informed of the move in a series of briefings this morning. Under the terms of the deal, Integreon will review Camerons' entire UK back office function, including all support departments, to establish which parts can be transferred to an external Integreon-run outsourcing centre.

By Sofia Lind

3 minute read

May 12, 2010 | International Edition

Clifford Chance (CC) has added to its New York office with the hire of a restructuring partner from Pillsbury Winthrop Shaw Pittman. Rick Antonoff has joined CC's financial restructuring team, which is part of the US restructuring group headed up by New York partner Andrew Brozman.

By Sofia Lind

2 minute read

May 11, 2010 | International Edition

Deutsche Bank has appointed a new general counsel for UK and Western Europe for the first time in over a decade. Emma Slatter, who most recently held the position of head of legal for fixed income within the global markets division in London, has taken over the role from Simon Dodds. Slatter, who trained at Slaughter and May, joined Deutsche-owned Morgan Grenfell in 1994.

By Sofia Lind

2 minute read

May 11, 2010 | International Edition

Denton Wilde Sapte energy chief Christopher McGee-Osborne is set to stand down from his role, with the firm yet to appoint a new sector head. McGee-Osborne, who has led the energy, transport and infrastructure strategy team for seven years, notified the board last month that he wanted to stand down from the role in order to focus on developing the firm's specialist nuclear practice.

By Sofia Lind

2 minute read