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Undeterred, AbbVie Makes Another Play for Shire
After being rebuffed three times by Shire, AbbVie announced a sweetened bid of $51.5 billion for the Irish pharmaceutical company. Advising AbbVie are Herbert Smith Freehills and Sullivan & Cromwell; Shire turned to Slaughter & May and Davis Polk & Wardwell.European 'Best Friends' Firms Plan Shanghai Launch
Germany's Hengeler Mueller and the Netherlands' De Brauw, part of a referral network that also includes British firm Slaughter & May and Spanish firm Uría Menéndez, will open adjacent offices in Shanghai.GE Unveils New European Corporate Advisers
General Electric has named five firms on its first-ever European M&A panel, handing out lucrative mandates to Freshfields Bruckhaus Deringer, Weil Gotshal & Manges, Slaughter & May, Allen & Overy and Ashurst. The quintet, which have all advised GE in the past, will look after its major transactional work in Europe after winning out in the latest round of a sweeping review of the company's external legal advisers.Davis Polk Lands Freshfields Lateral, Launches U.K. Law Practice in London
Davis Polk announced Friday that it has hired Freshfields capital markets partner Simon Witty to help launch an English law practice out of its London office. Davis Polk was already offering English law capabilities elsewhere, so it makes sense to do so in the U.K., said managing partner Thomas Reid.Heller Ehrman Adds Five to London Office
For all of last year, Heller Ehrman�s headcount grew by only 11. In a flurry of lateral hiring, the firm has already added more than that in the first two months of 2007, including nine new attorneys in its new London office alone.Davis Polk Lands Freshfields Lateral, Launches U.K. Law Practice in London
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