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International Edition

Ex-Minter Ellison Adelaide CFO handed 10-year jail term for A$2.7m theft

The former chief financial officer (CFO) of Minter Ellison's Adelaide arm has been sentenced to ten-and-a-half years in jail after admitting that he stole nearly A$2.7m (£1.8m) from the top-tier Australian law firm. Craig Raneberg, who was CFO of the firm's Adelaide and Darwin offices, pleaded guilty in March to 70 counts of theft between 2004 and 2011. The former CFO, who was made redundant in June 2011 after almost ten years at the firm, will face a non-parole period of six years and four months.
2 minute read

International Edition

Qantas turns to Allens as longstanding GC steps down

Australian airline group Qantas has turned to Sydney firm Allens for its new general counsel after longstanding legal head Brett Johnson announced his intention to retire. Allens corporate partner Andrew Finch is set to join the airline in November to take up the general counsel role. He has been a partner at the Australian firm for more than a decade and counts Qantas among his major clients.
2 minute read

International Edition

Linklaters and Slaughters among firms on $5bn UK-Japan advertising agency merger

Linklaters and Slaughter and May are among a raft of international law firms advising on a $5bn (£3.2bn) deal to create one of the world's largest advertising agencies.
2 minute read

International Edition

Slaughters, Paul Hastings and Wilson Sonsini lead on Samsung's $310m UK purchase

Slaughter and May, Paul Hastings and Wilson Sonsini Goodrich & Rosati have scored key roles on Samsung's $310m (£199m) acquisition of British tech company CSR's mobile-chip division. Slaughters advised CSR on the deal, with a team comprising corporate finance partner William Underhill, IT and outsourcing head Rob Sumroy and IP and IT associate Brett Sherrard, as well as tax partner Tony Beare, pensions partner Roland Doughty, real estate partner David Waterfield and competition partner Michael Rowe.
2 minute read

International Edition

Clifford Chance gains approval to open in South Korea

Clifford Chance (CC) has become the first UK firm to gain approval to open an office in South Korea. The magic circle firm's application to open in Seoul was approved by the Korean Ministry of Justice today (16 July), with the firm's licence to practise still pending approval from the Korean Bar Association.
2 minute read

International Edition

Norton Rose raises NQ rate to £61,500 as firm brings in Australia-based training

Norton Rose has increased salaries for trainees and newly-qualified lawyers and confirmed that junior lawyers will soon be able to spend some of their training contracts in Australia for the first time. The City firm has pushed the starting salary for first year trainees up from £37,000 to £38,000, while those in their second year will see pay rise by £1,500 to £43,000.
2 minute read

International Edition

Stibbe to launch in Hong Kong in wake of Herbert Smith alliance termination

Former Herbert Smith ally Stibbe is launching in Hong Kong, six months after it ended its alliance agreement with the UK firm and Germany's Gleiss Lutz. The Benelux firm's new Hong Kong base will advise on corporate, finance and tax law, and will support Chinese clients with European investments as well as Benelux clients with operations in Asia. It is expected to open at the beginning of September.
2 minute read

International Edition

King & Wood Mallesons sets 30% female target for Australia partnership

King & Wood Mallesons has set a target percentage for female partners in its Australian arm, becoming the latest firm to push gender diversity up the agenda. The firm is aiming to increase the proportion of women in its Australian partnership to 30% by 2015, as part of a broader diversity initiative.
2 minute read

International Edition

Singapore rising: Licensed to thrill?

Singapore has defied the critics to build a commanding position in Asia's legal market. Alice Gartland asks if a new round of liberalisation will keep the city state on an upward track
2 minute read

International Edition

Firms position their pieces for a world economy shifting towards the East

No one wants to be left behind in the race to exploit an increasingly international-focused China, says Anthony Lin
5 minute read

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