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International Edition

Bakers brews up for Unilever on high-end Australian tea deal

Baker & McKenzie has advised on the sale of premium Australia tea retailer T2 to Anglo-Dutch consumer goods giant Unilever.
2 minute read

International Edition

Lloyds promotes former M&A head to GC for group legal

Lloyds Banking Group has appointed its former head of corporate and M&A Hugh Pugsley to the position of general counsel for group legal. Pugsley, who had been working in the role on an interim basis prior to his formal appointment, succeeds Kate Cheetham, who moved into the role of deputy general counsel at the beginning of this year.
2 minute read

International Edition

The home guard – the missing identity of global law firms

If year-on-year fee increases and a buoyant M&A market imbued a certain stasis, five years of economic woes have certainly driven change through the conservative legal profession. The comparative proliferation of global giants of the ilk of Hogan Lovells, Norton Rose Fulbright and, more recently, King & Wood Mallesons SJ Berwin (KWM) serve as fine examples of the diverging market, with an increasingly international client base driving the case for cross-border mergers.
3 minute read

International Edition

UK top 100 firms enjoy best quarter for growth in five years

The UK's top 100 law firms have experienced a sharp improvement in their fortunes in the first quarter of the financial year, with fee income up 10.1% year-on-year. The figure, contained within Deloitte's quarterly law firm survey, marks the first time that the top 100 firms have achieved double-digit growth in five years, and is up from 3.8% in Q1 last year and just 2.6% for the final quarter of 2012-13...
2 minute read

International Edition

Wall Street weighs up the world – are New York's elite committed to competing on a global level?

In 1989, only seven million Americans owned a passport – a derisory 3% of the US population and a figure that was oft-brandished by scornful Europeans. Since then the situation has improved markedly, with a far more respectable 110 million of the country's 313 million citizens holding a valid passport at the last count. That still lags the 70% of British passport-holders, but the change shows a US that has taken up full residence in the global village – an unavoidable response to the emergence of rival economic powerhouses such as China.
15 minute read

Legal Week

The home guard – the missing identity of global law firms

If year-on-year fee increases and a buoyant M&A market imbued a certain stasis, five years of economic woes have certainly driven change through the conservative legal profession. The comparative proliferation of global giants of the ilk of Hogan Lovells, Norton Rose Fulbright and, more recently, King & Wood Mallesons SJ Berwin (KWM) serve as fine examples of the diverging market, with an increasingly international client base driving the case for cross-border mergers.
25 minute read

International Edition

In-depth: The US

Wall Street considers its focus on international expansion and shareholder power means big changes at management level
1 minute read

International Edition

Ashurst nears key votes on leadership and full Aussie merger

Ashurst is set to begin voting on its new management line-up and full financial integration with its Australian arm at the end of September, amid speculation over a challenge to current senior partner Charlie Geffen. A vote on full financial integration with Blake Dawson, now known as Ashurst Australia, will take place on 26 September – ahead of the previous expectation of the end of October – with a 75% majority required for the combination to go ahead.
2 minute read

International Edition

Singapore firm Selvam launches in Myanmar with 12-lawyer team

Singapore law firm Selvam & Partners has opened an office in Myanmar, making it the latest in a string of South East Asian outfits to set up in the country. The firm, which plans to focus on corporate, project finance, technology, media and telecoms, and regulatory work, has launched with a team of 12 lawyers in the commercial centre Yangon, to be led by the firm's managing director in Singapore Krishna Ramachandra.
3 minute read

International Edition

Shell appoints new head of UK legal in reshuffle of in-house team

Shell has appointed former Slaughter and May lawyer Michael Coates as its new UK legal chief, as part of a reorganisation of the energy giant's top level legal team. Coates will also sit as associate general counsel for marketing and manufacturing in North West Europe, and report to general counsel for downstream Hans von der Linde.
2 minute read

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