Skadden to Close in Shanghai and Make Cuts to China Corporate Practice

India's Cyril Amarchand Boosts Nascent Abu Dhabi Offering With Hire

Kasvi Sehgal | July 08, 2024

CAM launched its Middle Eastern operation—its second excursion into overseas markets—in March this year.

2 minute read

The Political Dilemmas Facing Law Firm Leaders

Paul Hodkinson | July 07, 2024

As several law firms close offices, the Global Lawyer examines how leaders are navigating intense pressure to perform amid challenging conditions, mirroring the quandaries faced by political leaders.

6 minute read

Skadden, Wachtell and Goodwin Top First-Half M&A Tables, as Megadeals Rachet Up

Mimi Lamarre | July 05, 2024

M&A deals valued at over $10 billion were up 70% from last year to $363.4 billion, while private equity-backed M&;A was up 36% to $369.5 billion.

4 minute read

Baker McKenzie Corporate and Construction Partners Depart for Australian Firms

Christopher Niesche | July 05, 2024

Australian law firm Clayton Utz has taken a corporate partner and an associate from Baker McKenzie.

2 minute read

CMS Hires Ex-Mayer Brown Hong Kong Funds Partner; India Buzzes with Lateral Moves

Jessica Seah | July 04, 2024

International and regional law firms have made partner and team hires across India, Hong Kong and Australia.

5 minute read

Eversheds Mulls Beijing Closure

Jessica Seah | July 04, 2024

Eversheds signed an exclusive alliance with King & Wood Mallesons last year but had not been expected to make changes to its China offices. Meanwhile, the firm is looking to open in Singapore.

3 minute read

Australian Law Survey Reveals Persistent Gender Pay Gap, LGBQ+ Data

Christopher Niesche | July 04, 2024

Data reveals persistent gender pay gaps across all ages in New South Wales' legal profession and includes first-time reporting on LGBQ+ lawyers.

3 minute read

Underperforming Partners Hurt Law Firm Profits, Survey Finds

Dan Roe | July 03, 2024

Two in three firms are planning to act on partner underperformance in the next couple years, per Edge International's recent survey on partner performance management.

3 minute read

Addleshaw Goddard Makes Second Singapore Partner Hire in a Month

Jessica Seah | July 03, 2024

Last month, Addleshaw Goddard also hired energy specialist Chanaka Kumarasinghe and appointed him the firm's head of Singapore.

2 minute read

Dechert to Close Chicago, Hong Kong and Beijing Offices

Jack Womack | July 03, 2024

The firm said in a statement that the three offices will close down "around the end of 2024".

2 minute read

Clifford Chance Dismisses Australia Partner After Misconduct Investigation

Christopher Niesche | July 03, 2024

The firm has hired Australia's former sex discrimination commissioner to review its workplace culture

2 minute read

Chinese Lithium Producer Files Arbitration Claim Against Mexico

Amy Guthrie | July 02, 2024

Gangfeng International Trading has enlisted the help of White & Case and Mexico's Creel for redress over the cancellation of its mining rights in northern Mexico.

2 minute read

K&L Gates Picks Up Three Australian Partners

Christopher Niesche | July 02, 2024

International law firm K&L Gates has added to its Australian offices with the hire of corporate, real estate and intellectual property partners, taking to eight its partner hires in Australia this year.

2 minute read

Singapore's Increased Scrutiny on Family Offices Is Creating More Work for Lawyers

Natasha Teja | July 01, 2024

In the wake of a major money-laundering scandal, authorities are paying closer attention to the wealth management sector, driving clients to seek more legal advice out of fear they could be subject to harsh penalties.

5 minute read

ICC International Arbitration Court's 1st-Ever Woman President Reelected

Rick Mitchell | July 01, 2024

The Paris-based International Chamber of Commerce also named several Big Law partners as vice presidents of the court.

2 minute read

Dentons Hires Construction Partner from Australian Firm

Christopher Niesche | July 01, 2024

The firm has made several hires in Oceania this year.

1 minute read

Bar Council of India to Amend Rules to Help Open Up the Market for UK Legal Entities

Kasvi Sehgal | June 28, 2024

Law firms have been waiting for more clarification on the rules before moving in to India, which now says it will notify amendments by the end of July.

4 minute read

Baker Hires IP Partner from KWM, Ashurst Appoints India Co-Heads, Mayer Brown Sees Hong Kong Defection

Jessica Seah | June 28, 2024

Simmons & Simmons, Baker McKenzie and Freshfields Bruckhaus Deringer have all made partner hires across the region.

6 minute read

Ranking

Simpson Thacher, Kirkland and Latham Maintain Lead in UK Revenue Per Lawyer Rankings

Kasvi Sehgal | June 28, 2024

The top 30 law firms in the UK, regardless of headquarters, were ranked by their UK-only revenue per lawyer figures.

3 minute read

Reed Smith, Freshfields Advise on Fosun's $692M Take Private Offer for Hong Kong-Listed Henlius Biotech

Jessica Seah | June 28, 2024

According to Dealogic data in March, Hong Kong-listed companies have been involved in $4 billion worth of take private deals by then. This compares to $1.2 billion for all of 2023.

2 minute read

DWF Buys Australian Claims Management Business

Christopher Niesche | June 28, 2024

The purchase nearly doubles DWF's Australian workforce.

2 minute read

UK Court Rules That Thousands of Claimants Can Proceed in Case Against Mining Company BHP

Amy Guthrie | June 27, 2024

Slaughter and May, which represents BHP, had argued that thousands of claimants should not be part of the London case, in which claimants seek £36 billion in damages for a deadly 2015 mining dam spill in Brazil.

4 minute read

Ranking

US Firms Rising? The Law Firms with the Largest UK Market Share, 2024

Kasvi Sehgal | June 27, 2024

Law.com International launches the latest ranking of the top 30 law firms in London, irrespective of where they are headquartered.

4 minute read

Japan's PE Market Is the Bright Spot That Asia Needs. But Will Law Firms Step Up to the Plate?

Jessica Seah | June 26, 2024

Private equity is thriving in Japan, in part because the weak Japanese yen has made local assets incredibly appealing to foreign investors. Foreign law firms want a piece of the action.

10 minute read

Mediation: A Perspective From India and the UK

David Smith | Priya Sejpal | June 26, 2024

The contrast between England and India shows how two major legal jurisdictions are grappling with providing better and more effective means of resolving an ever-growing number of disputes.

5 minute read

Climate Litigation Marked by Global Expansion and Strategic Filings

Caroline Byrne | June 26, 2024

A new category of "transition risk" has emerged involving cases filed against corporate directors over management of climate risks.

4 minute read

Corporatizing Law: How This Law Firm Leader Plans to Build a Big Legal Business

Christopher Niesche | June 25, 2024

Thomson Geer's Adrian Tembel says high-volume legal work in Australia will become corporatized.

5 minute read

Baker McKenzie Veteran Joins Japanese Firm Amid International Talent Drive

Jessica Seah | June 25, 2024

Atsumi & Sakai has made concerted efforts and investments in attracting international talent in recent years.

2 minute read

China's Grandall Launches Offices in Madrid and Malaysia

Jessica Seah | June 25, 2024

Grandall also has offices in Hong Kong, Paris, New York and Stockholm.

3 minute read

New Twist in Hong Kong Crypto Fraud Saga As Investors Take Civil Action

Tony Sabine | June 25, 2024

Plaintiffs are looking to recover their missing assets in a case that has resulted in more than 70 arrests and seen investors incur losses of more than US$150 million, according to the city's financial regulators.

3 minute read

Simpson Thacher, Anderson Mori Advise Blackstone on $1.7B Offer for Japanese Comic Company

Jessica Seah | June 24, 2024

The Japanese market has been lush with assets for sales in recent months as domestic holding companies seek to streamline their portfolio to focus on core assets and offerings.

2 minute read

It's Hot Out There. What Is Big Law Doing About It?

Lisa Shuchman | June 23, 2024

Law firms have to contend with a lot of change these days. Some think they should focus more on climate change, writes The Global Lawyer.

8 minute read

The 'McKinsey' of Law Firms in Asia. What's in a Name?

Jessica Seah | June 23, 2024

There isn't a single international law firm that is recognized worldwide for its prowess and gravitas. Law firm coverage around the globe is spotty at best, writes Asia Editor Jessica Seah. But does the legal industry need a global elite?

7 minute read

What Firms in Australia Are Doing to Attract and Retain Lawyers in a Competitive Market

Christopher Niesche | June 20, 2024

The market for legal talent in Australia is highly competitive, and law firms know there's a lot at stake in holding on to their talent.

7 minute read

Addleshaw Goddard Hires 20-Year Veteran From HFW in Singapore

Jessica Seah | June 20, 2024

Addleshaw's Singapore office, the firm's only office in Asia, now has five lawyers, including three partners.

2 minute read

Q&A

'It Concerns Me to See People Who Still Can't Be Themselves' HSF's Global Co-Head of Arbitration Shares His Pride Story

Habiba Cullen-Jafar | June 20, 2024

Simon Chapman KC, recently appointed global co-chair of international arbitration at Herbert Smith Freehills, talks about what it has meant for him, as a gay man, to work in an inclusive, open environment.

5 minute read

Allens Study Reveals Risks of Using AI for Legal Advice

Christopher Niesche | June 20, 2024

"I just thought that was quite staggering, that it could not only just get it wrong, but actually change things to make it look much more reliable,"—Allens' Miriam Stiel

4 minute read

Asia Hires: MoFo, HSF Add to Tokyo; Trowers Hires Another for Singapore

Jessica Seah | June 19, 2024

South Korea's BKL and India's SAM have also made partner hires recently.

5 minute read

MoFo Closing Beijing Office, Partners Relocate to Shanghai, Singapore Outfits

Jessica Seah | June 19, 2024

One of the office partners has relocated to Singapore while three others are now based in Shanghai.

3 minute read

Meta Must Face Australian Billionaire's US Lawsuit Over Facebook Crypto Ads

Michael A. Mora | June 18, 2024

The ruling is the first in which a social media company has been unable to invoke immunity under Section 230 of the federal Communications Decency Act in a U.S. civil case over its advertising business, according to Australian billionaire Andrew Forrest.

4 minute read

US Federal Trade Commission Suspects TikTok of Violating Children's Privacy Again, Refers Matter to Justice Department

Maria Dinzeo | June 18, 2024

Five years after paying $5.7 million to settle an FTC children's privacy probe, the parent company of TikTok is facing a new wave of children's privacy allegations.

4 minute read

Japanese Firms Lead as Kirin Offers $1.4B to Make Fancl Whole

Jessica Seah | June 17, 2024

Takeover offers and deals have been on the rise in Japan in recent months. Last month, Big Four Japanese firm Nishimura & Asahi also acted for Carlyle Group on its $910 million tender offer for Tokyo-listed KFC Holdings Japan.

2 minute read

Latham, SAM Act on Hyundai's $3B India IPO

Jessica Seah | June 17, 2024

The filing of Hyundai India's preliminary prospectus follows the recent conclusion of the government election in India.

2 minute read

Big Law's Favourite (And Least Favourite) Cities

Paul Hodkinson | June 16, 2024

Data shows the world's largest law firms are disproportionately weighted towards just a few key markets, writes the Global Lawyer.

5 minute read

Investigation Into $2.5B Deal Shows EU Means Business With New Foreign Subsidies Rules

Linda A. Thompson | June 16, 2024

Lawyers say companies needed to pay serious attention to the additional potential hurdle that the new rules pose to the closing of M&A deals.

4 minute read

The Hype Behind Harvey: How Firms Are Using the Gen AI Startup

Isha Marathe | June 14, 2024

Harvey, the OpenAI-backed legal tech startup, has nabbed several high-profile law firm and corporate clients. Here's how some of them are using the technology.

6 minute read

The Hype Behind Harvey: How the Stealthy Startup Is Raising Industry Eyebrows

Isha Marathe | June 14, 2024

Harvey, the OpenAI-backed legal tech startup, has nabbed high-profile clients and tons of cash, along with an air of suspicion around its AI capabilities.

11 minute read

White & Case Loses Beijing Local Partner and Hong Kong Partner in a Week

Jessica Seah | June 13, 2024

Earlier this week, White & Case lost its finance partner Daniel Abercromby from its Hong Kong office to Gibson Dunn & Crutcher.

2 minute read