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International Edition

China's second largest law firm Yingke opens Israel office

China's second largest law firm Yingke has launched an office in Israel this month via a merger with local firm Eyal Khayat Zolty, Neiger & Co. The Tel Aviv base, known as Yingke Israel - Eyal Khayat Zolty, Neiger & Co, is the 13th international branch for the Beijing head-quartered firm and its third new office-launch this year.
2 minute read

International Edition

Legal Week Law - quarterly peer review

A round-up of the best legal briefings in Legal Week Law from the past three months
1 minute read

International Edition

Weil Gotshal's London arm rolls out range of alternative billing methods

Weil Gotshal & Manges' City arm has introduced a menu of alternative billing methods as part of a push to offer its clients better value for money. The US firm's London office has been actively promoting the use of alternative billing to its partnership since last summer, with private equity partner Marco Compagnoni and funds partner Ed Gander leading the initiative and drawing up a list of 15 options for partners to use
2 minute read

International Edition

Mills & Reeve secures Manchester merger as partners vote for tie-up

Partners at Mills & Reeve and Manchester firm George Davies have voted in favour of a merger that will create a £77m law firm. The merger, which will go live on 1 June, will trade under the Mills & Reeve brand, with 16 partners and 89 other staff housed at 1 New York Street where both firms lease offices.
2 minute read

International Edition

Shearman to pull plug on Munich and Duesseldorf offices

Shearman & Sterling is set to pull out of Munich and Duesseldorf by the end of the year, leaving the US firm with one remaining office in Germany. The office closures, confirmed today (23 April), will result in a number of partners relocating to Frankfurt - including Duesseldorf senior partner Georg Thoma. However, it is also expected to lead to a number of lawyers and staff leaving Shearman in Germany, with the firm still reviewing the possibility of redundancies. It is not yet clear how many positions could be affected.
3 minute read

International Edition

Seyfarth Shaw to open first Asia office with DLA hire

Seyfarth Shaw is to formally open an office in Shanghai in the summer, marking its debut into Asia. The US firm has appointed former DLA partner Wan Li as managing partner of the new office - it's second outside of the US alongside London. Focusing on corporate, employment and energy and resources work, the base is located in Jing An Kerry Centre Tower II, Shanghai's Jing An business district.
3 minute read

International Edition

Bird & Bird plans further Asia-Pac expansion as firm eyes Indonesia and Korea

Bird & Bird is mulling ambitious plans for further expansion in Asia, with openings in Indonesia and South Korea on the cards alongside plans to ramp up its existing offering in Malaysia. The UK outfit, which has previously stated its aim to grow its Asia practice to account for 20% of firmwide revenues and lawyer headcount over the next three to five years, is reviewing opportunities for co-operation arrangements in Indonesia and South Korea, as well as planning to enhance its partnership with Tay & Partners in Malaysia ahead of market liberalisation in June.
3 minute read

International Edition

Feeling the squeeze – GCs are trying to get as much as they can from their external advisers

With the pressure on in-house teams to slash legal spend mounting, GCs are increasingly trying to get as much as they can from relationships with their external advisers, writes Alex Newman.
8 minute read

International Edition

Bakers seals merger with top UAE law firm Habib Al Mulla

Baker & McKenzie is merging with respected United Arab Emirates leader Habib Al Mulla & Company. The merged firm, which will be known as Baker & McKenzie Habib Al Mulla in the UAE, will go live on 1 July. The tie-up is significant as the first merger of a global law firm with a UAE independent.
3 minute read

International Edition

CMS boosts junior progression in partnership model shake-up

CMS Cameron McKenna has overhauled its partnership structure, speeding up the time it takes for junior partners to join the equity and allowing them to progress more quickly through the lockstep once there. The firm has scrapped its salaried partner rank to create a two-tier partnership comprising fixed-share and full-equity partners, with the overhaul set to see around 65 salaried partners (currently known as office partners) putting in capital to join a single 75-strong fixed-share rank.
3 minute read

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