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International Edition

A&O, CC among firms asked to reapply for Singapore local law licences

The first group of international law firms to be awarded Qualifying Foreign Law Practice (QFLP) licences in Singapore are being asked to reapply for their permits if they wish to continue practising local law in the city-state. The six firms – Allen & Overy, Clifford Chance (CC), Herbert Smith Freehills, Norton Rose Fulbright, Latham & Watkins and White & Case – are currently in talks with the country's Ministry of Law (MinLaw) to give details about their future growth plans – a process that is expected to be completed in the next two months.
3 minute read

International Edition

Kennedys and Simpson & Marwick call off merger following delays

Kennedys and Scottish firm Simpson & Marwick have called off a proposed £160m merger, citing "complex reasons". Partners at both insurance-focused outfits initially voted in favour of the tie-up in August, though plans for full integration by 1 November were later acknowledged as "ambitious".
2 minute read

International Edition

Hogan Lovells lines up Immelt to fill sole CEO role

Hogan Lovells global co-head of litigation Steve Immelt is set to take over as sole CEO of the firm as current co-CEOs Warren Gorrell and David Harris prepare to stand down. Partners are currently voting to ratify the appointment of Immelt, who has been put forward by the firm's management board, with the appointment due to take effect from 1 July 2014.
3 minute read

International Edition

Lawrence Graham and Wragges confirm merger creating £170m firm

Lawrence Graham and Wragge & Co are to merge, with the combined firm Wragge Lawrence Graham & Co set to go live from 1 May 2014. Partners voted in favour of the tie-up this week, with a 75% majority required from both partnerships.
4 minute read

International Edition

Bond Dickinson cuts 5% of support staff roles following merger

Bond Dickinson has concluded its post-merger redundancy consultation, with fewer than 25 employees now expected to lose their jobs. In August, the firm said around 7% of the support staff positions - equivalent to 35 posts - could be made redundant. Managing partner Jonathan Blair (pictured, right) said at the time that the job losses were caused by the merger of legacy firms Bond Pearce and Dickinson Dees, which had "inevitably" created "some areas of duplication".
2 minute read

International Edition

Clayton Utz chief to step down after four year term

The chief executive partner of Australian firm Clayton Utz is to step down from the leadership role next year, to be replaced by litigation partner Robert Cutler. Darryl McDonough, who has held the position for four years, will remain a partner at the firm but return to practice in Brisbane, working on corporate and M&A transactions.
2 minute read

International Edition

OC to set up shop in Amsterdam as expansion drive gathers pace

Osborne Clarke is to launch in the Netherlands with an office in Amsterdam. It is also monitoring Hong Kong, Singapore, the Middle East and Russia
2 minute read

International Edition

Jones Day eyes Rio de Janeiro for second Brazil base

Jones Day is exploring the possibility of a launch in Rio de Janeiro, as the firm looks to expand its presence in Brazil beyond Sao Paulo. According to lawyers at the firm, Brazil's second largest city has become the latest focus of the firm's global strategy, which has grown Jones Day's network of offices to 37.
2 minute read

International Edition

Law firms have a long way to go if they think they have rebooted the profession

As one general counsel put it to me recently: "The reset button has been pressed on the legal profession." But while the button has certainly been pressed, the machine has not yet rebooted. If one needed to look for evidence of the reset, it was given by Mark Harris, CEO and founder of Axiom Legal, who received a special achievement award at the FT Innovative Lawyers Awards in October.
5 minute read

International Edition

Kellogg European GC Muldoon to join Archer Daniels Midland

Kellogg's European legal chief Orla Muldoon has been hired by food processing and commodities trading giant Archer Daniels Midland (ADM). Muldoon will relocate from Dublin to Geneva when she starts her new role in January, and will take up the role of ADM's general counsel (GC) responsible for Europe, the Middle East and Africa (EMEA).
2 minute read

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