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International Edition

Taylor Wessing UK breaks £600k PEP after 5% rise

Taylor Wessing has announced a 5% improvement in profits per equity partner (PEP) at its UK arm to break the £600,000 mark, after the firm last month (29 May) unveiled a double-digit rise in fee income. Profits at the Anglo-German firm rose from last year's figure of £583,400 to a new high of £614,000 for 2007-08, a rise of just over 5%.
2 minute read

International Edition

CC's Beechey to chair Court of Arbitration

Clifford Chance (CC) global arbitration chief John Beechey has been appointed chairman of the International Chamber of Commerce (ICC) Court of Arbitration in Paris. Beechey, who has been a partner at CC since 1983, will become chairman in January 2009, when he will officially retire from the CC partnership. The appointment was made in Stockholm today (13 June) by the ICC World Council.
2 minute read

International Edition

Salans hires partner duo for Frankfurt launch

Salans will launch an office in Frankfurt next month (1 July) after announcing the hire of two partners from local independent Aderhold Gassner. Matthias Haas and Holger Scheer join Salans along with four associates. The six lawyers will staff the office alongside real estate partner Detlef Spranger, who is relocating to Frankfurt from Salans' Berlin office along with one further associate.
2 minute read

International Edition

Watson Farley in merger with Munich boutique

Watson Farley & Williams is to merge with a German private equity boutique, giving the firm its first office in Munich. The UK firm is set to merge with five-lawyer Munich boutique Oldenbourg Plus on 1 July.
2 minute read

International Edition

Eversheds wins appointment as sole adviser to international energy group

National law firm Eversheds has been appointed as the sole provider of legal services to Belgium-based energy company Sovereign Oilfield Group. The top 10 UK firm landed the role for Sovereign after a tender process that also involved one other major international firm and three Belgian independents.
2 minute read

International Edition

Linklaters' Swedish arm shrinks further as office head departs

Linklaters' former Stockholm head, Joergen Durban, is set to leave the firm in November, as it emerges that the magic circle firm's Swedish partnership has shrunk by more than a fifth since its original merger with Lagerloef & Leman in 2001. Durban, who has been with Linklaters and legacy firm Lagerloef for 23 years, headed the office until September last year when Peter Hoegstroem took up the reigns.
3 minute read

International Edition

Shearman spin-off opens new office in Frankfurt

German independent Schilling Zutt & Anschuetz is set to open its second office after spinning off from US firm Shearman & Sterling last month. The Mannheim-based firm is set to open in Frankfurt by next year as it attempts to strengthen its ties to the local finance market. The nine-partner firm has been operating independently since 1 May, following its demerger from Shearman & Sterling. Shearman continues to operate offices in Duesseldorf, Frankfurt and Munich.
1 minute read

International Edition

DLA Piper hires Endedijk as new Dutch partner

DLA Piper has hired Gerard Endedijk as a partner in Amsterdam from Dutch firm Kennedy Van der Laan Advocaten. He joined the firm's Dutch litigation and regulatory practice on 2 June, along with senior associate Nadia Haase. Endedijk's practice focuses on insurance companies, banks and public institutions.
1 minute read

International Edition

Indie tax network signs up new CEE member

Eastern European independent Magisters has become the latest member of Taxand, the international independent tax network. Taxand now covers 44 countries, with the CIS-based firm representing the Ukraine. Taxand was formed in 2005 by tax firms in nine countries. The network now includes around 300 tax partners and 2,000 professionals.
1 minute read

International Edition

Northern Ireland: Strength in adversity

The last time Legal Week focused on Northern Ireland, it found an economy and a legal market in rude health - deals were plentiful, property values were still exploding and the return of the devolved government to Northern Ireland promised a new era of inward investment from both the private and public sectors. All its law firms had enjoyed a record-breaking year and were expecting the same again. Wind forward 12 months, and the picture - both globally and locally - has changed somewhat. While most of Northern Ireland's firms did enjoy a very good year, much of this was down to the UK's ending of taper relief for capital gains tax, which presaged a spate of business owners divesting assets before this generous break was removed.
13 minute read

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