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International Edition

King & Spalding secures record $500m arbitration award against Kazakhstan

King & Spalding has secured the third largest treaty arbitration award in history for a group of clients in a case against the Republic of Kazakhstan...
2 minute read

International Edition

Watson Farley hires former Gowlings infra head Shasha

Watson Farley & Williams has hired former Gowlings European infrastructure chief David Shasha as a senior consultant. Shasha joined the London office at Gowlings as a partner in 2010 from Simmons & Simmons, where he headed the energy and infrastructure sector group for four years.
2 minute read

International Edition

Akin Gump advises on ground-breaking $1.2bn Israeli-Palestine gas deal

Akin Gump Strauss Hauer & Feld has taken a major role on the first contract to export gas from offshore Israel to a company in Palestine. The US firm's London office is representing Palestine Power Generation Company (PPGC) in a $1.2bn (£730m) deal to buy 4.75bn cubic meters of natural gas from the Leviathan gas field over a 20 year period.
2 minute read

International Edition

Transfer Window Asia: recent moves including DLA, Clydes and HSF

DLA Piper has boosted its corporate practice in Bangkok with the hire of O'Melveny & Myers lawyer Tim Tan. Tan, who was previously a counsel with O'Melveny in Singapore in the firm's corporate finance practice, focuses on banking and leverage finance, corporate debt and restructuring and special situations investment transactions.
4 minute read

International Edition

Winston & Strawn eyes Taiwan, Singapore offices in Asia push

US law firm Winston & Strawn is eyeing new offices in Taiwan and Singapore as part of a wider Asia growth plan that will see it double in size in the region. The Chicago-headquartered outfit, which currently has three Asian bases located in Hong Kong, Shanghai and Beijing which it inherited from now defunct Heller Ehrman five years ago, plans to grow its teams in IP, corporate, anti-trust, energy and disputes.
4 minute read

International Edition

Dentons continues Middle East push with hire of V&E's Abu Dhabi head

Dentons has hired Vinson & Elkins' (V&E) Abu Dhabi managing partner Jonathan Nash, in an expansion of its energy practice. Nash, an international project finance and development lawyer, joined V&E from Chadbourne & Parke's London office in 2010. He becomes Dentons' third senior lateral hire in the region in a little over a month, following the recruitment of DLA Piper construction partner Ian Dalley in Abu Dhabi and banking and Norton Rose Fulbright finance partner Alex Roussos in Dubai.
2 minute read

International Edition

Tullow Oil general counsel Graham Martin to step down as legal chief

Graham Martin, the general counsel (GC) of Tullow Oil is to step down as legal chief in the New Year, as part of a re-shuffle at the top of the energy giant's legal team.
2 minute read

International Edition

Ernst & Young hires HSF partner in Singapore

Ernst & Young in Singapore has hired former Herbert Smith Freehills partner John Dick as it looks to launch a legal services arm in the city. The 'big four' accounting firm currently has a global legal services offering specialising in areas such as corporate, banking and finance, real estate, employment and projects, but as yet does not offer legal services in Singapore.
2 minute read

International Edition

Jones Day eyes Rio de Janeiro for second Brazil base

Jones Day is exploring the possibility of a launch in Rio de Janeiro, as the firm looks to expand its presence in Brazil beyond Sao Paulo. According to lawyers at the firm, Brazil's second largest city has become the latest focus of the firm's global strategy, which has grown Jones Day's network of offices to 37.
2 minute read

International Edition

Home advantage – the biggest challenges facing Canada's law firms

Canada's legal services market continues to grow, albeit at a slower pace than in previous years. Lawyers at the country's largest independent firms believe there are three principal factors driving the market: pressure on fees, increased competition and the state of the global economy, especially in regard to commodities prices. Steven Smith, partner in the corporate group and head of the UK and Europe sector at Osler Hoskin & Harcourt, says: "The biggest challenge that law firms are facing in Canada is the pressure on fees from clients who simply want more for their money. Reduction in fee income and pressure on prices is making the market more competitive." Marc-Andre Blanchard, chairman and chief executive of McCarthy Tetrault, comments: "Like other firms, we believe that the legal services market here is very competitive and that the pressure on fees is growing. But we believe that our emphasis on service delivery is helping us retain clients and win new business."
8 minute read

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