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New Frontiers: Gaillard Banifatemi Shelbaya Launches in Cairo and Abu Dhabi
News

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

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
News

Dentons Attains 'Menopause Friendly' Status

It joins Clifford Chance and others in achieving accreditation.
2 minute read
News

Underperforming Partners Hurt Law Firm Profits, Survey Finds

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
News

Baker McKenzie Acquires RHQ Saudi License & Majority Interest in Local Firm

The firm has been granted a Regional Headquarter License for its Riyadh-based office.
2 minute read
News

Crowell Files Suit With ADL Against Iran, Syria and North Korea, Alleging Hamas Support for Attack on Israel

The law firm is handling the case on a contingency basis, working as co-counsel with the Anti-Defamation League.
3 minute read
News

Baker McKenzie Raids Cliffe Dekker for 5-Lawyer Banking & Finance Team in South Africa

The team is led by Phetole Modika and Pitso Kortjaas who both join Baker McKenzie as partners.
4 minute read
News

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

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

Kenya Supreme Court Decision May Spark Bank Lawsuits

The court decided interest rates on loans and bank facilities are subject to the Banking Act and can't be changed 'willy-nilly'.
2 minute read
Ranking

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

Egypt's $35B Ras El Hekma Project Triggers Surge of Interest From Law Firms

The seaside development is expected to attract more than $150 billion in further investments over time.
5 minute read
News

A&O Shearman Advises on First Major Restructuring Under UAE Bankruptcy Law

A&O Shearman advised UAE-based Drake & Scull International on a pioneering $1.1 billion debt restructuring, marking the first major case under the UAE Bankruptcy Law.
2 minute read
News

Spencer West's 70-30 Fee Split May Be a Game-Changer for African Law Firms

The firm, with more than 260 partners in the U.K. and overseas, launched two offices in Africa in early 2024 and hopes to disrupt the market with their remuneration model.
5 minute read
News

Simmons, Reed Smith Secure Lead Roles In Masdar's €3.2B Renewable Energy Deal

This is the latest example of energy and infrastructure deals fuelled by the energy transition drive becoming a growing source of work for firms.
2 minute read
Expert Opinion

LCIA's 2023 Annual Report Key Takeaways: Seeking Steady Growth in an Unsteady Climate

The number of disputes referred to the London Court of International Arbitration increased by 13% in 2023 over the previous year, a return to 2021 levels.
5 minute read
News

Africa Deal Round-up: A&O Shearman, Dentons Lead on $1.3B Morocco Project

In another deal in Nigeria, Clifford Chance and Slaughter and May are advising parties on the sale of a majority stake in Guinness Nigeria.
4 minute read
News

White & Case, Latham Advise on Saudi Aramco's $11.2 Billion Share Offering

Aramco's secondary offering is the largest equity capital markets offering in the Middle East since Saudi Aramco's IPO in 2019.
3 minute read
News

Post-COVID Growth in Africa Fuels Arbitration and Law Firm Strategies

The London Court of International Arbitration saw African party involvement soar from 4% in 2022 to 8% in 2023, prompting law firms to strategize about how to adapt to this dynamic shift.
6 minute read
News

Raft of Elite Firms Line Up on Multi-Billion-Pound Private Equity Deals For Trophy UK Assets

The investments in London's Heathrow Airport and takeover of FTSE-100 listed Hargreaves Lansdowne have generated roles for the likes of Kirkland & Ellis, Clifford Chance, Freshfields and A&O Shearman.
3 minute read
News

Curtis Expands in Italy, Hiring Veteran Corporate, Compliance Partner in Rome

Gianluca Cattani spent close to 24 years at Studio Legale Delfino e Associati, Willkie Farr & Gallagher's affiliate firm in Italy, where he led the corporate and compliance department.
3 minute read
News

Latham and Cleary Advise on $2 Billion Lenovo-Saudi Public Investment Fund

Lenovo, plans to sell a $2 billion zero-coupon convertible bond to Alat and establish a MEA headquarters and a new manufacturing facility in Riyadh.
2 minute read
Commentary

Big Law's Favourite (And Least Favourite) Cities

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

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

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
Analysis

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

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
Analysis

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

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
News

Saudi Arabia Considers Relaxing Regulations For Foreign Law Firms

Saudi Arabia is consulting on plans to relax restrictions on foreign law firms in a significant change that would allow partners to establish fully non-Saudi-owned and operated offices in the Kingdom.
3 minute read
News

Top S. African Law Firm ENS Cleared of Liability in Client's Cybercrime Case

South Africa's largest law firm Edward Nathan Sonnenbergs (ENS) has won its Supreme Court appeal in a cybercrime case closely watched by the legal community.
2 minute read
Analysis

Multinationals Face Huge Fines for Supply Chain Breaches Under New EU Directive

International companies that fail to comply with the EU Corporate Sustainability Due Diligence Directive by 2027 could face fines as high as 5% of their worldwide turnover as well as increased compliance costs and lawsuits.
5 minute read
News

Kenya Challenges Authority of Cash-Strapped East African Court It Helped Establish

The Supreme Court of Kenya has challenged the EACJ's authority in a precedent-setting decision that poses a significant threat to the future of the regional court and the rule of law in eight East African countries.
5 minute read
Analysis

After EU Elections, Next Competition Chief May Preside Over New Chapter in EU Antitrust History

The next head of the world's toughest antitrust enforcer will be appointed after the European elections and faces two new and sweeping laws.
5 minute read
News

Africa Deal Roundup: Global Firms Lead on Deals in Kenya, Egypt, and South Africa

In Egypt, Cleary Gottlieb Steen & Hamilton and Alliance Law advised U.S. Philip Morris International (PMI) on its acquisition of an indirect 14.7% minority stake in Eastern Tobacco Company, Egypt's largest cigarette producer valued at more than $1.2 billion.
5 minute read
News

South African Investors and Law Firms on Edge Over ANC Coalition Talks

Investors fear the parties might strike a deal that could lead to nationalization of the South African Reserve Bank and other key institutions, expropriation of property and a move away from the rule of law.
3 minute read
Commentary

Gen AI Adoption Is Taking Off. Law Firms Are Finally Ready

This is good news, especially in an industry that is not known for readily embracing change. But in truth, firms don't really have a choice, writes The Global Lawyer.
8 minute read
News

Baker McKenzie Raids Cliffe Dekker for 5-Lawyer Banking & Finance Team in S. Africa

The team is led by Phetole Modika and Pitso Kortjaas who both join Baker McKenzie as partners.
4 minute read
News

Clifford Chance Gains 2 Laterals in London, UAE

The firm's hiring of a top Competition Markets Authority figure is yet another sign of the growing importance of antitrust expertise to a firm's overall offering.
2 minute read
Analysis

Making Partner Isn't What it Used to Be. So What are Young Lawyers in Asia Made Of?

The stuff of hard revenue and profits, such as deal-making and bringing in new business, is still important. But now aspiring partners have to show they can offer a lot more.
6 minute read
Analysis

What Is Driving the Demand for Competition Specialists in Africa?

Egypt, Kenya, Nigeria, South Africa and other major African hubs now have active competition regulators, and client demand for legal advice has driven law firms to create stand-alone competition practices that did not exist 10 years ago.
7 minute read
News

Ex-Baker McKenzie UAE Partner Firm Launches in Russia

The firm was dropped by Baker McKenzie after the founding partner made a series of homophobic tweets in 2022.
2 minute read
Analysis

South Africa's Move Toward Liberalized Electricity Market Expected to Create Work for Law Firms

South Africa's Electricity Regulations Amendment Bill moves the nation closer to a liberalized electricity market, modernizing the country's electricity supply industry. But is it robust enough to deal with the key issues?
5 minute read
News

Kirkland Grows in Saudi Arabia Along With Client Demand and Maturing Market

Some 13 lawyers are listed in the firm's Riyadh office, but the kingdom's growing importance means a larger cohort is necessary.
6 minute read
News

Greenberg Traurig Khalid Al-Thebity Joins International Law Firms in Saudi Arabia

Greenberg Traurig Khalid Al-Thebity has been licensed as a Regional Headquarters Programme (RHQ) company in Saudi Arabia, the fourth international firm to set up in the kingdom under the programme.
2 minute read
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Who Got The Work

Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.

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Who Got The Work

Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.

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Who Got The Work

Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.

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Who Got The Work

David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.

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Who Got The Work

Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.

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