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International Edition

Slater & Gordon in UK takeover triple as listed firm plans $64m raising

Slater & Gordon is set to continue its push into the UK market with the proposed $35.5m (£23.3m) triple acquisition of personal injury (PI) law firms Simpson Millar, Goodmans Law and the PI arm of Taylor Vinters.
3 minute read

International Edition

Plexus and Greenwoods in £90m tie-up as Parabis kickstarts post-PE growth

Plexus Law is to merge with insurance dispute resolution firm Greenwoods in a deal that will create a £90m defendant insurance litigation business. Plexus is part of the Parabis Group, which last year sold a majority stake in its business to private equity house Duke Street, handing it a war chest of around £50m to fund ambitious expansion plans.
3 minute read

International Edition

Rajah & Tann forms alliance with Indonesia's Assegaf Hamzah

Rajah & Tann has formed a strategic alliance with Indonesian firm Assegaf Hamzah & Partners in a bid to better tap one of Asia's fastest growing markets. The Singapore firm signed the agreement just four months after commencing operations in Myanmar and Cambodia, as it strives to ramp up its regional presence.
3 minute read

International Edition

Newly merged Bond Dickinson to combine partnerships with two-tier structure

Newly merged Bond Dickinson is planning to revamp its partnership into a single two-tier structure as the firm's management pushes ahead with the integration of legacy firms Bond Pearce and Dickinson Dees. The union, which went live on Wednesday (1 May), will see the firm adopt Dickinson Dees' two-tier partnership rather than Bond Pearce's three-tier structure, with the merged firm to operate a full equity and junior equity rank with a modified lockstep. A final decision on the move is expected later this year, but it is likely to see Bond Pearce's 25 fixed-share members, who are effectively salaried partners, join either the junior or full equity rank.
3 minute read

International Edition

Bond Dickinson sets out global ambitions as merger unites firms with shared goals

Mergers may not be particularly unusual in today's market, but this week's union between Bond Pearce and Dickinson Dees under the Bond Dickinson banner marks a rare example of a merger of equals. With strikingly similar financial results, a brand that namechecks both firms' histories, complementary sector focuses and almost symmetrical UK coverage – Bond Pearce in the southwest and Dickinson Dees in the northeast – it almost seems surprising the pair did not tie up sooner.
6 minute read

International Edition

Eversheds votes in Ireland chief as new international chairman

Eversheds has elected Ireland managing partner Alan Murphy as the new chairman of its international board following the retirement of predecessor David Gray. The members of Eversheds International - which comprises the managing partners of all the firms within its international network - unanimously voted in Murphy (pictured) at a meeting in Stockholm last Thursday (25 April). The role has a four-year term.
2 minute read

International Edition

Japan's Nishimura and Asahi to open in Myanmar and Thailand

Japanese law firm Nishimura and Asahi (N&A) has announced plans to open two new Asian offices in Myanmar and Thailand. The Tokyo-headquartered outfit, which is one of Japan's big four law firms, said its base in Yangon, Myanmar, the country's former capital, would open in May, whilst the Bangkok branch would launch in July.
2 minute read

International Edition

DLA Piper seals strategic alliance in Indonesia

DLA Piper has launched a strategic alliance with Indonesian law firm Ivan Almaida Baely & Firmansyah (IAB&F), as the global firm looks to step up its presence in the booming economic region. According to its website, the Jakarta-based firm has two partners, including founding member Ivan Baely and offers services to international and domestic corporations, investors and state owned enterprises.
2 minute read

International Edition

Hill Dicks to cut jobs and restructure teams as revenues remain flat

Hill Dickinson is launching a review of its UK business which is expected to lead to job cuts, as the firm prepares to post broadly flat revenues for the 2012-13 financial year. The review, which will begin next month, will focus on the firm's range of services and its geographical reach, with the move coming in response to "prevailing market conditions", according to the firm.
3 minute read

International Edition

Fixed-fee Australian boutique launches in Hong Kong

Unconventional Australian law firm AdventBalance has opened an office in Hong Kong as it seeks to grow its footprint in Asia. The boutique outfit, which operates as a company rather than a partnership and which charges clients fixed-fees instead of hourly rates, said its decision to open in the Asian financial hub comes amid heightened demand for its services in the region.
3 minute read

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