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International Edition

Ireland and austerity

Local lawyers argue that Ireland has taken its 'austerity medicine' and is re-emerging as a stronger economy. Anna Scott looks at what an exit from the bailout programme would mean for the country
1 minute read

International Edition

Pinsents to cut 13 employment jobs in third round of post-McGrigors layoffs

Pinsent Masons is set to lay off as many as 13 fee earners in its UK employment practice, in the firm's third round of redundancies since its merger with McGrigors went live last year.
3 minute read

International Edition

Olswang reappoints Stewart as CEO for second three-year term

Olswang has re-elected chief executive officer David Stewart for a second three-year term at the helm of the firm. Stewart, whose second term will begin on 1 May, will continue to oversee Olswang's executive committee, which drives the firm's strategy and management.
2 minute read

International Edition

Slaughters' Japan best friend Anderson Mori to open in Singapore and Shanghai

Anderson Mori & Tomotsune, one of Japan's biggest law firms, has announced plans to open new offices in Shanghai and Singapore this year in a bid to boost its international client base. The local outfit, which is one of the country's 'Big Four' firms and which has a best friend relationship with UK magic circle firm Slaughter & May, will also launch a branch in Nagoya to boost its coverage of middle Japan.
2 minute read

International Edition

Bird & Bird CEO set for 20-year stint as partners re-elect management team

Bird & Bird has re-elected its senior management team, with chief executive David Kerr and chairman Michael Frie both seeing their terms extended for a further three years. The reappointment will enable Kerr, one of the longest-serving leaders of a UK law firm, to continue his 17-year management role until at least the 20-year point. Frie meanwhile joined Bird & Bird in 2000 when it merged with Sweden's Gedda & Ekdahl, where he was managing partner, and has been chairman since 2007.
2 minute read

International Edition

DWF cuts 38 jobs after post-Cobbetts review affecting 140 back office staff

DWF has laid off 38 support staff in its central services team after a redundancy consultation affecting more than 140 people. The job losses, which come after the firm completed its pre-pack takeover of Cobbetts last month, cover a mix of both longer-term DWF staff and those recently brought in from the failed firm.
3 minute read

International Edition

New study shows rising prominence of lawyers in corporate CEO roles

Top UK and US corporates are increasingly turning to the legal profession to fill senior leadership roles, according to a new research project carried out by Reed Smith and KPMG. The report, which looked at CEO appointments at FTSE 100 and Fortune 100 companies over the last decade, highlights a steady rise in the numbers of CEOs who have either studied law or gone on to qualify as a practitioner...
3 minute read

International Edition

Withers and Speechly Bircham confirm preliminary merger talks

Withers and Speechly Bircham have confirmed that they are in early stage talks over a possible combination that could create a top 25 firm with revenues of around £170m. The firms issued a joint statement today confirming preliminary discussions are taking place after RollonFriday first reported the pair were talking about a combination on Friday (22 March).
3 minute read

International Edition

Ashurst receives approval to open up new base in Beijing

Ashurst is set to formally open for business in Beijing after becoming the latest international law firm to receive a licence from China's Ministry of Justice. The UK outfit has appointed banking and finance partner Patrick Phua to lead the office, which will include 11 associates and focus on structured finance and derivatives work, in addition to some outbound investment.
2 minute read

International Edition

214 Asia GCs polled: Linklaters, KWM and Ashurst win client plaudits

King & Wood Mallesons (KWM), Ashurst and Linklaters have ranked among the top providers of legal advice in Asia in a new Legal Week report on client satisfaction in the region. Legal Week's Client Satisfaction Report Asia, which is based on responses from general counsel at 214 companies in Asia, also saw Singapore's WongPartnership and Australia's Clayton Utz emerge as top-ranking firms in the region for client satisfaction, with all five firms receiving above-average scores. Asia-Pacific giant KWM – formed last March through the merger of China's King & Wood and Australia's Mallesons Stephen Jaques, received the highest average satisfaction score of 8.67 out of 10, ahead of second-placed Clayton Utz. It was rated particularly highly for quality of legal advice and service delivery and responsiveness, receiving scores of 9.5 and 9.3 respectively.
3 minute read

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