Sofia Lind

May 23, 2012 | International Edition

Clifford Chance (CC) and Allen & Overy (A&O) have advised on Man Group's takeover of $8bn (£5bn) hedge fund Financial Risk Management (FRM) Holdings. Man Group, which is being advised by CC, is set to pay up to $82m (£52m) in cash for the fund over a three-year period. A&O is advising FRM on the deal, which is expected to close in the third quarter of 2012.

By Sofia Lind

2 minute read

May 21, 2012 | International Edition

Taylor Wessing has re-elected Tim Eyles as UK managing partner in an uncontested election, with the vote of confidence coming as the firm posted a double digit increase in UK revenues in 2011-12. Preliminary financial results look set to take the Anglo-German law firm's UK fee income above the £100m mark for the first time, on the back of a 12% increase in turnover from £92.1m to £103.2m.

By Sofia Lind

2 minute read

May 17, 2012 | International Edition

Norton Rose has confirmed that it has held informal talks over the possibility of a tie-up with Fulbright & Jaworski as the expansive firm continues its search for a US merger.

By Sofia Lind

2 minute read

May 17, 2012 | International Edition

Taylor Wessing has scored a headline role for Soho Estates on a "dynastic" real estate deal which is set to see the relocation of the iconic Foyles Bookstore on Charing Cross Road.

By Sofia Lind

2 minute read

May 17, 2012 | International Edition

Top 100 law firms push through bumpy markets to hike revenue by 5.3% as PEP hits $1.4m

By Sofia Lind

4 minute read

May 17, 2012 | International Edition

Clifford Chance (CC) and Allen & Overy (A&O) are among a line-up of UK law firms to have been appointed to insurance giant Munich Re's first-ever global panel.

By Sofia Lind

2 minute read

May 17, 2012 | International Edition

Norton Rose has announced its preliminary 2011-12 financial results for the firm's operations around the world, reporting a 9% revenue rise to $1.32bn (£835m). The figure covers all of the Norton Rose Group's four separate profit centres – Norton Rose LLP (which includes Europe, the Middle East and Asia), Norton Rose Australia, Norton Rose Canada and Norton Rose South Africa.

By Sofia Lind

2 minute read

May 17, 2012 | International Edition

Allen & Overy (A&O) has overhauled the management of its global projects, energy and infrastructure group, instating a ten-member global board to replace retiring projects head Anne Baldock. The new 10-partner board is chaired by City partner Gareth Price, who also co-heads the firm's energy sector group, alongside nine other partners.

By Sofia Lind

2 minute read

May 16, 2012 | International Edition

Diageo has instructed a trio of leading law firms on a $2.5bn (£1.5bn) financing deal that saw the London-based drinks giant tap the US bond markets. The London-based company, which owns alcoholic beverage brands including Guinness, Baileys, Captain Morgan and Smirnoff, turned to Sullivan & Cromwell for US law advice with Slaughter and May taking the lead UK law role.

By Sofia Lind

2 minute read

May 16, 2012 | International Edition

The Solicitors Regulation Authority (SRA) is set to abolish the minimum wage requirement for trainee solicitors in favour of the national minimum wage of £6.08 per hour. The change, which was voted in today (16 May) by the SRA board, will come into effect from 1 August 2014. After that date, employers will only be required to pay trainees the main rate for employees under the national minimum wage regulations.

By Sofia Lind

2 minute read