NEXT
Sign in to follow

International Edition

Norton Rose and Deacons set for separate profit centres

Norton Rose and Australian firm Deacons will operate two separate profit centres when the pair merge in January next year. The firms will integrate practice lines and systems including IT, finance and HR; however, partner remuneration will remain independent.
5 minute read

International Edition

Norton Rose targets Asia with ambitious Deacons merger

Norton Rose has taken a dramatic step to reposition itself in the wider Asian region after securing a merger with Australian firm Deacons. The top 10 City law firm's partnership voted on the move last night (22 June) and Deacons will become part of Norton Rose Group on 1 January, 2010.
4 minute read

International Edition

Rio Tinto seals deal to outsource legal work to India

Rio Tinto has entered into an agreement with outsourcing provider CPA Global to offshore legal work to a team of lawyers in India. Jersey-based CPA Global are providing a team of 12 Delhi-based lawyers to handle tasks such as contract review, drafting and legal research - in a move projected to reduce Rio Tinto's annual legal spend by 20%. The company estimates that the new India venture, which became operational on 1 May, will be seven times cheaper than its lawyers in London.
2 minute read

International Edition

Lovells becomes latest top UK firm to seal India foothold with local alliance

Lovells has entered into a formal tie-up in India, with the top 10 City firm linking up with local player Phoenix Legal. The UK law firm is thought to have been working with Phoenix for around six months, making it the latest in a growing list of firms targeting Indian firms in preparation for the market opening up.
2 minute read

International Edition

Hannes Snellman becomes first to quit 'fiercely competitive' China

Leading Finnish law firm Hannes Snellman is in the process of closing its Beijing and Shanghai offices, making it the first foreign firm to pull out of China in the wake of the global economic slowdown. Tomas Holmberg, a Helsinki partner heavily involved with Hannes Snellman's China practice, said the weakening economy had led the 250-lawyer law firm to narrow its international strategy and focus more on the Scandinavia and Russia markets. "In challenging times like these, you have to make decisions about where to deploy your resources," he said.
2 minute read

International Edition

Skadden hires Latham HK partner in rare lateral move

Skadden Arps Slate Meagher & Flom has recruited Hong Kong corporate partner Julie Gao from Latham & Watkins. Gao, who joined Latham straight out of law school in 1998 and was promoted to partner in 2006, was regarded as an up-and-comer in Latham's Asia practice, focusing on M&A and capital markets transactions.
2 minute read

International Edition

Ashurst taps CC in first partner hire for Hong Kong arm

Ashurst has secured its first partner hire in Hong Kong, with the City law firm recruiting Lina Lee from Clifford Chance (CC) as a corporate partner. Lee, who was a senior associate at CC specialising in equity capital markets and M&A, will join the firm's Hong Kong office at the end of June.
2 minute read

International Edition

Freshfields' French jumps to Beijing to head ACT

Freshfields Bruckhaus Deringer competition partner Nicholas French is relocating from London to Beijing to co-head the China antitrust, competition and trade (ACT) practice.
2 minute read

International Edition

Nomura completes in-house revamp in wake of Lehman takeover

Japanese banking giant Nomura has completed an overhaul of its in-house legal team following last year's takeover of Lehman Brothers' European and Middle Eastern equities and investment banking businesses. The combined legal department is to be overseen by European general counsels Mark Chapman and Piers Le Marchant, who was previously managing director of legal at Lehman.
2 minute read

International Edition

Simmons registers Japan and Middle East practices as LLPs while UK waits

Simmons & Simmons has incorporated its Middle East and Japanese practices into a limited liability partnership (LLP) structure ahead of plans to launch a UK LLP. Simmons, the only top 10 City law firm aside from Slaughter and May not to have adopted the structure, registered Simmons & Simmons Middle East LLP and Simmons & Simmons Japan LLP at Companies House on 22 April.
2 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Aligning Client Needs with Lawyer Growth and Profitability

    Brought to you by BigHand

    Download Now

  • Technology to Make E-Discovery Smarter, Not Harder

    Brought to you by Nuix

    Download Now

  • Does Generative AI Have the Power to Transform Legal Services?

    Brought to you by HaystackID

    Download Now

  • How This Personal Injury Firm Reduced Client Intake Time by 80%

    Brought to you by PracticePanther

    Download Now