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July 11, 2024 | International Edition

Clifford Chance Adapts Associate Bonus System in US-Style Shift

The move is being viewed as a means to better compensate more hours billed in times of high demand, but without "actively encouraging a drive to a high billable culture".
3 minute read
July 11, 2024 | International Edition

K&L Gates' Singapore Office Hires 2 DLA Piper Corporate Partners

The duo's arrival follows a series of lateral hires in Singapore for the firm.
2 minute read
July 11, 2024 | International Edition

Shoosmiths, Watson Farley Join Double-Digit Revenue Growth Club

The firms are among several to have posted significant growth for 2023/24, indicating a reinvigorated market.
2 minute read
July 11, 2024 | International Edition

A&O Profits Hit £1B in Run Up to Merger

The pre-merger results are an improvement on last year, when the firm's pre-tax profits and PEP both decreased.
2 minute read
July 11, 2024 | International Edition

Ashurst PE Duo Walk to O'Melveny in London

Among the hires is Ashurst's global co-head of private equity.
3 minute read
July 11, 2024 | International Edition

Is Artificial Intelligence Changing How Lawyers Advise on Private Equity?

Private equity clients are said to be turning down law firms that don't use artificial intelligence on deal work.
4 minute read
July 11, 2024 | International Edition

Australia's Mills Oakley Hires Five Including Two KPMG Partners

Australian law firm Mills Oakley has hired two financial services partners from global accounting giant KPMG and three partners from Australian firms
2 minute read
July 10, 2024 | International Edition

Skadden Tops Europe M&A Rankings in 1st Half of 2024

In continental Europe, Germany was the most-targeted nation for M&A deals announced in the first half of 2024, with 815 deals totaling $42.8 billion.
3 minute read
July 10, 2024 | International Edition

Cybersecurity Startup Cytactic, Founded by Law Firm Partner, Announces $16M Seed Round

The cybersecurity startup, which offers a cyber crisis management and readiness platform, was founded by a former partner and head of tech regulation at Israeli law firm Herzog, Fox & Ne'eman.
2 minute read
July 10, 2024 | International Edition

U.S. Court Postpones Citgo Bid Hearing Until September as Venezuela Gets Close to Losing Oil Refiner

Companies owed more than $21 billion have sought the sale of Venezuela's U.S. refining unit, Citgo, to satisfy unpaid arbitration claims. The case has charted new legal territory for enforcement of international arbitration awards, while also penetrating the walls of sovereign and corporate immunity.
3 minute read

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