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International Edition

Pinsent Masons to address gender imbalance with 30% female partner target

Pinsent Masons has launched a suite of initiatives aimed at increasing its number of female partners to 30%, with an initial target of 25% set for May 2018. 'Project Sky', which is being led by employment partner Linda Jones, seeks to remove any barriers to the progression of women to partnership and senior leadership.
3 minute read

International Edition

Squire Sanders in merger talks with Patton Boggs

Squire Sanders is in preliminary merger discussions with Washington-based public policy and lobbying firm Patton Boggs. In a statement, the two firms said discussions are in the early stages, and that there was no assurance a combination would be completed.
2 minute read

International Edition

HKFsi and Davenport Lyons end merger talks

Howard Kennedy FSI (HKFsi) and Davenport Lyons have called off merger discussions. A combination between the two would have created a firm with combined revenues of £62.5m, based on their respective financial results for 2012-13, placing the merged firm on the fringes of the UK top 50.
2 minute read

International Edition

Curtis to open Beijing office, eyes Asian expansion

New York firm Curtis Mallet-Prevost Colt & Mosle (Curtis) is to open a Beijing office in March this year, the firm's first base in East Asia. The 300-lawyer outfit, which currently has 15 offices globally, said the Beijing base will initially focus on international trade matters, with a view to launching new practices in the future. Located in the China Life tower in the Chaoyang district of the Chinese capital, it will be led by international trade partners William Barringer and Daniel Porter, alongside two senior associates and two trade analysts, three of whom are Chinese nationals.
2 minute read

International Edition

Sidley Austin mulls Germany exit following Frankfurt partner losses

Sidley Austin has placed the future of its Frankfurt office under review, following a number of recent partner departures. Among the options being considered by management is the closure of the office and the transfer of clients and referral relationships to a German firm, Legal Week understands.
2 minute read

International Edition

Irwin Mitchell's Thompson to succeed Jon Vivian as London real estate head

Irwin Mitchell partner Rob Thompson is to take over from London real estate head Jon Vivian from 1 May. Vivian, who will continue as senior real estate partner in London, will focus on managing existing and new client relationships. Since 2011, he has also helped drive the firm's push into corporate, commercial, regulatory and litigation work.
2 minute read

International Edition

Incoming Clifford Chance corporate head faces PE challenge as firm continues to shed talent

Clifford Chance's (CC) new global corporate head Guy Norman (pictured) will have a sizeable in-tray when he takes over from managing partner elect Matthew Layton in May.
5 minute read

International Edition

Hogan Lovells eyes Africa network as City firms look to plant flags in region

Hogan Lovells is set to broaden its Africa capability, with the firm having already identified five specific markets to target. The plans, which will be developed over the next two months, will be presented to clients and local firms in target jurisdictions. The move comes in the wake of Hogan Lovells' combination with South African outfit Routledge Modise last December.
3 minute read

International Edition

Bingham partners face pay "haircut" as global revenues plummet 13% in 2013

Partners at Bingham McCutchen have been asked to take an additional pay "haircut" after global revenue at the US firm plummeted by $110m last year. The 12.6% drop, which left total revenue for 2013 at $762m, came in the wake of a decline in US restructuring and securities litigation work.
3 minute read

International Edition

Turning up the heat – South Africa's role as a hub for the wider continent

According to many lawyers in South Africa the vibe at the African Mining Indaba – a practically mandatory event in every major local law firm's calendar – was somewhat reserved this year. It is not hard to see why, when taking into account reduced output volumes from the economy's cornerstone mining sector. Onlookers observe that South Africa is facing an onslaught of negative sentiment given the volume of industrial disputes and unrest in the mining sector as well as the imminent presidential election, causing many investors to hold off until a clearer picture emerges. Added to this, the rand has tumbled against the world's major currencies, resulting in a hike in benchmark interest rates. Some lawyers in the jurisdiction have been surprised, then, at the influx of international newcomers in the past year. Linklaters became the first of the magic circle to establish a significant presence on the ground when it sealed an alliance with Webber Wentzel at the end of 2012, while Hogan Lovells forged a tie-up with former Eversheds alliance firm Routledge Modise in December last year, with the latter now trading under the Hogan Lovells brand. Eversheds itself re-entered the South African market at the same time, after signing an agreement with Mahons Attorneys a year after its split with Routledge.
14 minute read

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