0 results for 'Freshfields Bruckhaus Deringer'
Magic Circle Firms Rally to Oppose Government Oversight
As Parliament prepares far-reaching reforms for the U.K.'s legal profession, the British government is resisting pressure to amend a controversial proposal that would control appointments to the Legal Services Board, a new body created to police the profession. Concerned about the provision's impact on the profession's independence and image, the senior partners of the five Magic Circle firms have registered their disapproval of the plan in a show of unanimity unusual among the U.K.'s largest firms.Norton Rose Stakes Claim in Saudi Arabia
With one-fifth of the world's oil reserves under Saudi Arabia's desert sands, it might seem unnecessary to ask what exactly attracts international law firms to the kingdom � a bit like asking Donald Trump's third wife just what it was that she saw in the billionaire property magnate.Asia Deal Digest: June 14, 2012
* Cleary gets in on the second-biggest IPO of the year* S&C and Freshfields guide a Chinese mobile carrier on a $1.4 billion stock buyback* Indian drug maker Piramal turns to Amarchand and Mintz Levin to crack to the U.S. healthcare information market.U.K. Firms May Be Caught in Middle of Credit Crunch Clashes Between Banks
Top London law firms are preparing themselves for an unprecedented surge in litigation between banking giants as a result of the credit crunch, in what looks set to be the biggest client dilemma to hit the UK's commercial legal industry in years. A potential rise in major disputes could jeopardize the numerous banking relationships held by the UK's biggest firms. Firm Herbert Smith has already created cross-departmental consultation groups and discussed the issue with several of its banking clients.Dewey & LeBoeuf Skirts Issue of London Management
Even as Dewey & LeBoeuf deals with post-merger consolidation and the digesting of numerous partner-level lateral hires in London, the combined firm is flouting conventional wisdom by not naming a London head. On the advice of management gurus McKinsey & Co., greater management responsibilities will go to yet-to-be-announced global practice heads. Meanwhile, with revenue of approximately $100 million, the London office will be rudderless, aside from firm Chairman Steven Davis' sojourns across the Atlantic.Howrey Slapped With $30 Million Racial Discrimination Suit
A former associate filed suit against Howrey on Wednesday, alleging that the law firm routinely subjected her to discriminatory treatment based on her race. Kamisha Menns, a black woman born in Jamaica, alleges in her complaint that the Brussels office's managing partner told her that because she was the first black associate to work in that office, the office staff's treatment of her might be influenced by the fact that "they had never before been forced to be in a 'subordinate position' to a black person."Quartet of Am Law 100 Firms Advise on $23 Billion Liberty Global-Virgin Deal
Moving to expand its presence in Europe's pay-television market, international cable giant Liberty Global has agreed to acquire Virgin Media in a deal valued at $23.3 billion, including debt. Shearman & Sterling and Ropes & Gray are advising Liberty, while Fried Frank and Milbank have roles for Virgin Media.Trending Stories
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