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CMS Targets Mauritian Investment Market with Local Boutique Partnership
DLA Piper Eyes Cairo Entry
Features

Law Firms Prepare For Boost From UAE's New Bankruptcy Law

Some major firms are restructuring their practices ahead of the new bankruptcy law entering into effect.
6 minute read
News

Dentons and Clyde & Co Boost Partnerships in Latest Promotion Rounds

Earlier this week, Freshfields Bruckhaus Deringer announced its own promotions round, joining firms such as Herbert Smith Freehills and CMS.
3 minute read
News

Freshfields Promotes 23 to Global Partnership

The latest round marks a slight decline, following the firm's largest promotion round last year, when it elevated 30 lawyers to partnership.
2 minute read
News

Norton Rose Fulbright Grew Revenue 8% Amid Management Exits

The global law firm saw rising demand across its platform, said U.S. managing partner Jeff Cody.
5 minute read
News

Herbert Smith Freehills Promotes 27 to Global Partnership

A majority of the newly-promoted partners have a focus in the firm's private capital, energy transition and ESG groups, indicative of the firm's wider strategy.
3 minute read
News

Freshfields, Simpson Thacher, Haiwen and Fangda on Dalian Wanda's $8.3B Mall Unit Stake Sale

Freshfields is advising Dalian Wanda while Simpson Thacher, Haiwen and Fangda are advising the investors.
2 minute read
News

HSF, DLA Piper, BCLP and African Trio Land Roles in French Media Group's Buyout of MultiChoice

Various law firm leaders are advising on the bid by Canal+, which values MultiChoice at $2.9 billion.
2 minute read
Features

Africa Should Not Rush to Regulate AI, Says Clifford Chance Co-Head

The partner's comments come despite the EU passing the first comprehensive legislation on AI and a similar proposal pending before the Canadian Parliament.
4 minute read
News

Letters to Sunak: Lawyers Lock Horns Over UK Arms Sales to Israel

The latest letter, published by UK Lawyers for Israel, has been signed by top industry figures including Slaughter and May's Deborah Finkler, Latham's Ed Barnett, and former Fieldfisher managing partner Michael Chissick.
3 minute read
Features

The Saudi Demarche: Measuring the Kingdom and the UAE's Relative Success

For every opinion praising Saudi progress, another underscores the advances the UAE has made. A range of lawyers at major firms gave their views.
9 minute read

A&O Shearman Announces First Partner Promotions Round Ahead of May Merger

Of the 40 newly-promoted partners, A&O has elected 32 lawyers, while Shearman has elevated eight.
3 minute read
News

Wachtell, Goodwin Top Q1 League Tables as Global M&A Value Jumps 38%

While the value of global M&A announced during Q1 was up significantly, the number of deals declined by 31% when compared with the same period a year ago.
2 minute read
News

Revenue, Profits Slip at Baker Botts as Firm Invests in Hiring, Singapore Office

Managing partner Danny David, who took on the managing partner role on Aug. 1, said the London, Singapore and Middle East offices had a "truly stellar" 2023 in terms of engagements and achievements.
6 minute read
Poll

Deadline Today: Participate in This Year's Mental Health Survey

Our Survey on Mental Health in the Legal Industry is still open, and we need to hear from you—lawyers and all professionals in the legal world.
1 minute read
News

Bowmans Expands in Jo'Burg with 4-Strong Baker McKenzie M&A Team Hire

Among the new joiners is Baker McKenzie's South Africa M&A co-head.
2 minute read
News

Herbert Smith Freehills Advises Lenders on Saudi Water Pipeline Project

Meanwhile, Baker McKenzie has advised Saudi's Modern Mills Company on its IPO.
3 minute read
News

Africa Deal Roundup: Major Firms Take Roles on Resources, Infrastructure, and Music Deals

Allen & Overy, Baker McKenzie, and Freshfields are among the firms advising alongside major African firms.
4 minute read
News

Freshfields, Ashurst Advise on McLaren Takeover by Bahrain Sovereign Wealth Fund

The deal is a capital reorganization for McLaren, the automotive company, which has recently had financial difficulties exacerbated by the COVID-19 pandemic.
2 minute read
News

Revenue Per Lawyer Hits New Peak at Reed Smith, as Profits Stagnate Amid Mounting Costs

"We saw financial growth from top 200 clients, including significant increases in international engagements, which indicates that our global platform is working for our international clients," said global managing partner Casey Ryan.
5 minute read
News

High Court Overturns Three Judgments to End Azima Hacking Case

In February, Azima accepted Dechert's offer to settle the portion of their dispute playing out in London, which includes £3 million in damages and likely many million more in costs.
2 minute read
News

Middle East Roundup: Trowers Builds Out Real Estate in UAE, Al Tamimi Hires Egypt Banking Head

Al Tamimi, Stephenson Harwood, and Ashurst have also added partners in the region.
3 minute read
Features

As Construction Disputes Multiply, Lawyers in UAE Face Heightened Challenges

Construction is a $41 billion industry in the UAE, and arbitration makes up 49% of dispute cases. Both metrics are growing—requiring law firms to navigate changing government policies, fierce competition, technological advancements, and communication gaps.
6 minute read
News

DLA Piper Hires Veteran Africa Legal Expert for D.C. Office

Kalidou Gadio, a former general counsel of the African Development Bank, joins from Curtis, Mallet-Prevost, Colt & Mosle to co-chair DLA's U.S.-Africa practice.
2 minute read
Expert Opinion

Beyond Borders: Navigating Global Business Compliance With the FCPA

Companies with any international operations should ensure they have a robust written policy and compliance program focused on anti-bribery and corruption. This is especially true where companies have foreign subsidiaries or engage third parties in foreign countries for sales, consulting and other activities.
8 minute read
News

Allen & Overy Launches Riyadh Office

Saudi Arabia's growing importance for international firms has been reflected in the increasing number of firms who have made Riyadh their regional headquarters in the Middle East.
3 minute read
News

DLA Piper and Bowmans Advise on Takeover of National Bank of Kenya by Nigerian Group

The transaction is expected to close in the next six to nine months and is subject to regulatory approval from central bank authorities in Kenya and Nigeria.
2 minute read

How to Grow Fast Like Kirkland

Class actions are set for significant growth across the globe and law firms that corner the market could reap big rewards, writes the Global Lawyer.
6 minute read
Features

Rising Gulf-backed Investments in Africa Promise a Busy Year for Lawyers

A fivefold increase in foreign direct investment from Gulf countries will lead to opportunities in a range of sectors across the African continent, lawyers say.
5 minute read
News

South Africa Pulls the Plug on Sale of National Airline to Private Equity-Led Consortium

The government said the parties could not agree on revised terms after re-evaluation of the airline's assets and business following the COVID-19 pandemic.
2 minute read
News

India's Cyril Amarchand Launches Abu Dhabi Office, Marks Second Overseas Foray

The firm says it is focused on 'increasing co-operation between India and the UAE', in light of increasing investment by UAE-based entities in India.
2 minute read
News

'A Paperless Environment': Kenya Rolls Out Nationwide Digitization of Courts by July

The project, which has been trialed in a few counties, is being hailed by judges and lawyers as a potential leap forward for transparency and accessibility of the legal system.
3 minute read
News

Gibson Dunn Breaks $3B Revenue Mark With Litigation, Transactions Firing on All Cylinders

Gross revenue was up 12.3% while profits per equity partner rose 13.4% during the firm's 28th consecutive year of revenue growth. In 2023, the firm expanded globally, launching in the Middle East in both Abu Dhabi and Riyadh. It also added a nine-lawyer energy and infrastructure team in Paris.
6 minute read
News

Kirkland Crosses $7B Mark, With Steady And Countercyclical Business Drivers

The firm continued to improve its profit margin, as average PEP rose nearly 6% to $7.955 million, according to American Lawyer reporting.
5 minute read
News

DLA Piper Posts 8th Consecutive Year of Revenue Growth Thanks to 'Horizontal Scale'

Diversified practice areas and geographies continue to prove fruitful for the global law firm.
5 minute read
News

Litigation Funder Burford Capital Sees Fiscal 2023 Revenue Triple, Reaching $1.1B

Burford Capital's revenues rose to $1.1 billion in the 2023 fiscal year. The company's shares on the New York Stock Exchange climbed 4.4% on the results.
4 minute read
Features

A&O Shearman's New Leaders Show Combined Firm is 'Neither UK Nor US Centric'

Current and former partners give their views on the surprising election results that mean neither of the combined firm's two leaders will be based in either of its two biggest regions.
5 minute read
News

BCLP Sees Flat Year for Revenue, Profits

While the firm's U.S. offices continued to be responsible for the lion's share of revenue, offices in the U.K., Continental Europe, Asia, the Middle East and Australia also contributed to its total revenue of $840 million, said firm global CEO Steve Baumer.
3 minute read
News

UK Firm Fenwick Elliott Forms Alliance With Chile's Molina Ríos

The partnership will focus on growing demand for advice on construction and infrastructure projects in Latin America.
2 minute read
News

US Firm Brownstein Takes on Saudi Arabia NEOM Lobbying Effort

The Saudi government paid Brownstein nearly $10 million from 2016 until 2023, according to one study.
3 minute read
News

White & Case Reverses Revenue and Profit Slides, Increasing 2023 Revenue and Profits

The firm said it saw 43% of its revenue derived from the Europe, Middle East and Africa regions, 8% from the Asia-Pacific and the balance (49%) from its work in the Americas. Its U.K. office generated $444 million in revenue -- a 1.6% decline from 2022.
7 minute read
Commentary

Mental Health: Who Has The Power to Change the System?

Can partners, leaders, junior lawyers or clients have the most effect in challenging Big Law's mental health crisis? The Global Lawyer assesses each group.
7 minute read
News

Big Law's Role in Global Steel v Nigeria Dispute Faces Scrutiny as Senate Probes Settlement Deal

The inquiry will examine both the $496 million arbitral award in 2022 and the original contracts from 2004.
4 minute read
Webcast

Join the Discussion: How Should Big Law Respond to the Industry's Mental Health Crisis?

Join us March 14 to take part in this critical discussion and hear from our panelists. And be sure to participate in the 2024 ALM Survey On Mental Health In The Legal Industry, which is now live.
1 minute read
News

King & Spalding Sees PEP Spike 12% Amid 'Solid and Even Demand' Growth

The firm's revenue in London increased more than 33%, and it also rose in Abu Dhabi and Dubai in the United Arab Emirates, and in Riyadh, Saudi Arabia, said firm chairman Robert Hays.
5 minute read
News

Cravath M&A Partner Moves to White & Case, Attracted to Firm's Cross-Border Practice

When asked why an established M&A attorney would leave Cravath, he said all deals now have have some kind of cross-border element to them so White & Case was a better fit.
4 minute read
Commentary

Vanessa Ford Reminded Us That Law Firm Culture Is Still Toxic. Why Does It Survive? 

Law firms have been trying to improve their culture for a long time. So why, the Global Lawyer asks, are we still shocked when we are jolted into realizing not much has changed?
10 minute read
News

A&O Shearman Announces Global Leadership

The merger between Allen & Overy and Shearman & Sterling is set to go live in May.
4 minute read
News

Greenberg Traurig Sees 6% Growth in Revenue Amid Nonequity Tier Expansion

The moderate growth came after two years of faster pace in revenue growth, but CEO Brian Duffy says it's only a slowdown because 2021 and 2022 were such extraordinary years for the firm. The firm also expanded in the Middle East and in Singapore last year.
5 minute read
News

Cliffe Dekker Hires From Norton Rose in Johannesburg

The appointment of the construction specialist comes as the local construction sector faces strong headwinds.
2 minute read
News

Morgan Lewis, Baker Botts Add Employment, Technology Partners in Dubai

The number of employment disputes is on the rise as Dubai's workplace regulatory infrastructure matures.
3 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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