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International Edition

Linklaters tops global projects rankings but market plunges in first half of 2009

Linklaters has edged ahead of magic circle rivals Allen & Overy (A&O) and Clifford Chance (CC) to top the global project finance rankings by market share for the first half of 2009. New research from Infrastructure Journal (IJ) shows that the firm leads the global rankings by value for the first six months of this year after scoring roles on 15 deals worth $7.623bn (£4.7bn). The tally gives the firm a market share of just over 5% - marginally ahead of CC.
4 minute read

International Edition

Nabarro in second redundancy round as profits fall

Nabarro has reported a 9.7% drop in revenue for the 2008-09 financial year while profits per equity partner (PEP) have fallen by 35%. Unaudited figures from the firm show that revenue for the last financial year stood at £126.5m, down from last year's equivalent figure of £140.1m. PEP fell to £375,000, down from last year's equivalent figure of £574,000.
2 minute read

International Edition

GE appoints CC and Ashurst to Europe adviser roster

General Electric (GE) has finalised its European non-M&A legal panel, with a clutch of UK firms winning roles, including Clifford Chance and Ashurst. DLA Piper, Weil Gotshal & Manges and Baker & McKenzie are also among the firms appointed to GE's 80-firm roster.
2 minute read

International Edition

Lovells shakes up property team with sector focus

Lovells has refocused its City real estate practice along sector and work-group lines in a bid to target more profitable instructions while the property markets continue to suffer. Lawyers within the group will now work across 13 different sub-groups, with partners taking responsibility for each area and leading initiatives to win new clients and work.
2 minute read

International Edition

Addleshaws targets four key sectors for growth in five-year strategy plan

Addleshaw Goddard is to align its business around four key sector groups as part of its new five-year strategy. The national firm has highlighted financial services, public sector, retail and consumer and real estate for growth, with the firm hoping the focus will help strengthen ties with existing clients as well as attracting new clients. The sectors will run alongside Addleshaws' existing four main practice divisions – real estate, contentious and commercial, and finance and projects and corporate.
2 minute read

International Edition

Travers takes lead role on Pinewood real estate and community project

Travers Smith is advising Pinewood Studios on planning matters as it creates a working community in Buckinghamshire. The City firm has been advising Pinewood on real estate, planning, environment and real estate management issues connected with the studio's plans to build a living and working community for the creative industry.
2 minute read

International Edition

Partnership for Schools unveils expanded 17-firm panel

Partnership for Schools (PfS), the delivery body for the Government's Building Schools for the Future (BSF) initiative, has unveiled the firms on its new legal panel. Seventeen law firms feature on the roster. They are: Addleshaw Goddard, Beachcroft, Bevan Brittan, Burges Salmon, Dickinson Dees, DLA Piper, Eversheds, Mills & Reeve, Nabarro, Norton Rose, Pinsent Masons, Sharpe Pritchard, TPP Law, Trowers & Hamlins, Walker Morris, Ward Hadaway and Wragge & Co.
2 minute read

International Edition

Public and regulatory law

DLA Piper and Reed Smith take on the practice issues as Alex Aldridge investigates legal careers in the public sector.
1 minute read

International Edition

DLA Piper lays off 9% of workforce in Middle East offices

DLA Piper has launched a second round of job cuts in the Middle East, with the firm cutting 9% of staff in the region, including one partner. In total, 22 staff will lose their jobs in the region, including nine fee earners. Staff were informed last week, with the cuts taking effect immediately.
2 minute read

International Edition

Trowers builds up City real estate with Olswang recruit

Allen joined the top 40 firm's real estate group in London earlier this month (1 June) after four years at Olswang, including two as a partner. Before Olswang, he spent four years at Clifford Chance and five years at Norton Rose. Allen, who advises on property development, investment transactions, joint ventures and lettings, most recently advised REIT Asset Management on its £635m portfolio acquisition from the administrators of the Dawnay Day Group.
2 minute read

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