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International Edition

Farrers announces job cuts with up to 12 roles set to go

Farrer & Co has become the latest in a string of firms to announce job cuts, kicking off a redundancy consultation which will affect 12 staff. The review, first reported today on RollOnFriday, will cover one fee earner role, along with two professional support lawyers, three secretaries and six business services staff.
2 minute read

International Edition

CMS Cameron McKenna places 40 jobs at risk in review of UK business

CMS Cameron McKenna has launched a review of its business which puts 40 UK roles at risk of redundancy, including 26 lawyers. The firm announced the review, which covers its business in the UK and CEE, to staff this morning (15 January), with the review including a proposal to cut 40 roles from the UK business.
2 minute read

International Edition

SNR Denton trade head to launch City arm for US firm

SNR Denton's London-based head of trade and export Geoffrey Wynne is set to leave the firm to launch a UK-base for US firm Sullivan & Worcester (S&W). Wynne, who is top-ranked by Chambers and Partners for commodities trade finance work, advises banks and trade financiers on trade and commodity transactions. He is set to head S&W's new London office, which will mark the firm's first international outpost.
2 minute read

International Edition

Bakers leads UPS-TNT deal challenge as €5.2bn takeover collapses

Baker & McKenzie has successfully challenged the proposed €5.2bn (£4.3bn) takeover of delivery giant TNT Express by United Parcel Service (UPS), which has collapsed after the European Commission moved to block the deal. FedEx challenged the merger on competitive grounds after UPS's bid was announced in early 2012, with the European Commission subsequently opening an investigation into the proposed deal in July.
2 minute read

International Edition

Time after time - veteran law firm leaders reflect on decades at the top

When I call up Nick Thomas, senior partner at Kennedys, he tells me his secretary had left a message that a reporter wanted to speak with "some of the old farts". It's not the exact wording I had used, I explain, but the self-deprecation gives a hint as to why the firm has kept him at the helm for more than 15 years...
8 minute read

International Edition

DLA Piper opens for business in Seoul after Korea licence approval

DLA Piper has opened for business in Korea today (8 January) after receiving approval to launch in the country last month. The firm is launching a base in the capital of Seoul after getting the go-ahead from the country's Ministry of Justice in December last year.
2 minute read

International Edition

Dewey filings reveal $14m in fee claims by bankruptcy advisers

Advisers to Dewey & LeBoeuf's estate are seeking more than $14m (£8.7m) in fees and expenses for work carried out in the first five months of the defunct US law firm's bankruptcy proceedings, new filings have revealed. A dozen applicants, including law firms, financial advisers, wind-down consultants and administrative advisors have so far filed claims in New York bankruptcy courts for services rendered between 28 May and the end of October last year. The claims are set to be considered by Judge Martin Glenn on 24 January.
3 minute read

International Edition

Legal Week news round-up: the best of 2012

Legal Week's most-read stories of the last twelve months, including major international mergers such as the tie-up of Australia's Freehills with Herbert Smith, and the news that A&O had asked Hong Kong partners to leave the firm...
8 minute read

International Edition

Taylor Wessing's Barnett to replace Dukes on management board

Taylor Wessing has overhauled its management board with real estate chief Keith Barnett set to replace finance head Rodney Dukes in the role in the New Year. Barnett, who has headed the real estate team since 2007, will also replace Dukes leading one of the firm's three overarching business groups, which includes real estate, finance, insolvency, construction, environment and planning. He will be replaced as head of real estate by partner Mark Bennett from 1 January.
2 minute read

International Edition

Nixon Peabody to close Paris to focus on US

Nixon Peabody is set to close its Paris office, with the firm aiming to shift its focus to the US. The firm's Paris office currently has 11 partners, two of whom split their time with other offices, seven associates and a paralegal, according to Nixon Peabody's website. The team is headed up by office managing partner Douglas Glucroft. It is unclear where any of the Paris lawyers will go next.
2 minute read

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