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International Edition

Turning the juggernaut – the challenges ahead for CC's new managing partner

It would be hard to imagine the incoming global managing partner of Clifford Chance (CC) facing a more different landscape than his predecessor did eight years ago. Matthew Layton, who takes up the reins at the Canary Wharf behemoth in May, will lead a firm that has several challenges to overcome if it is to usher in a period of growth and change. But the scene the firm's current corporate chief surveys is nothing like that which confronted the outgoing doyen of CC, David Childs, a year after his election in 2006. The pivotal challenge for CC now seems to be maintaining its position as a leading firm in the transatlantic race. Although the firm has indicated that the year ahead will show improved profit and revenue results, the question remains as to whether profitability will grow enough to catch up with its magic circle rivals and fend off the threat of the City's increasingly bullish US contingent – and if it can do so without losing a culture widely regarded as less cut-throat than at some of its competitors.
11 minute read

International Edition

Hogan Lovells launches in Sao Paulo with Clifford Chance partner hire

Hogan Lovells has opened its second Brazilian base after launching a new office in São Paulo. The office will be headed by former Clifford Chance capital markets partner Isabel Costa Carvalho.
1 minute read

International Edition

Addleshaw Goddard staff headcount down by 4% in 2012-13, accounts show

Addleshaw Goddard cut non-partner staff numbers by 4% in 2012-13, according to accounts filed with Companies' House. Staff headcount at the limited liability partnership (LLP) fell from 1,016 to 978 during the year, despite an expansion of the firm's international network.
2 minute read

International Edition

Apple in 'character assassination' of court-appointed legal monitor

The US Department of Justice (DOJ) has accused Apple of pursuing a campaign of character assassination against a Goodwin Procter partner appointed by a court to monitor the company's competition policies.
3 minute read

International Edition

Shell GC Peter Rees to step down after three years in the role

Peter Rees QC has stepped down as legal director of Shell, just three years after joining the company from Debevoise & Plimpton. In a statement, a spokesperson for the energy giant said: "Shell can confirm that Peter Rees is stepping down as Legal Director of the Company with effect from 10 January 2014 to pursue other interests."
2 minute read

International Edition

Swiss arm of CMS network launches in Geneva through local merger

CMS von Erlach Henrici, the Swiss arm of the CMS network, has merged with Genevan firm ZPG avocats, giving the group its first office in the jurisdiction.
2 minute read

International Edition

Dundas confirms six-strong partner exit as firm gears up for CMS merger

A further six partners have left Dundas & Wilson ahead of the Scottish firm's proposed merger with CMS Cameron McKenna.
2 minute read

International Edition

Deutsche Bank GC criticised by German banking regulator

Germany's financial regulatory body has singled Deutsche Bank general counsel Richard Walker in a report urging the bank to make senior management changes in the wake of the Libor scandal.
3 minute read

International Edition

KWM names Pollack as new disputes chief as management line-up takes shape

King & Wood Mallesons SJ Berwin has named Craig Pollack as its new global litigation and disputes resolution chief. Pollack, who takes up the role with immediate effect, will lead the disputes group for Europe and the Middle East, while partner Alex Leitch has been appointed as the new London head.
2 minute read

International Edition

Former Dewey boss Davis resurfaces as CEO of Emirate investment office

Steve Davis, the former chairman of collapsed law firm Dewey & Leboeuf, has resurfaced as acting CEO to the Investment and Development Office of the government of United Arab Emirate Ras al Khaimah.
2 minute read

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