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International Edition

Cobbetts managing partner Shaw steps down after 16 years at helm

Cobbetts managing partner Michael Shaw has stepped down after 16 years at the helm of the north-west firm, with the news emerging weeks after merger talks with regional rival DWF broke down. Shaw, who helped build Cobbetts from a 175-strong Manchester office to a firm with 750 staff working from four offices across the UK and a base in Egypt, will remain at Cobbetts as a consultant.
2 minute read

International Edition

Berrymans healthcare head replaces Renouf as senior partner

Berrymans Lace Mawer has elected a new senior partner as long-running chief Terry Renouf steps down. Renouf will be replaced by healthcare practice co-head and Manchester partner Mike Brown from 2 April 2012.
2 minute read

International Edition

CC set to lay off London associates as Linklaters confirms support cuts

Clifford Chance (CC) is set to make cuts in its London finance and capital markets practices, with up to 13 associates at risk of losing their jobs at the magic circle firm. The redundancies are being handled through individual consultations, which are expected to close in around two weeks' time.
3 minute read

International Edition

Mayer Brown set to shield billings from currency fluctuations

Mayer Brown is looking to introduce new financial hedging products that would allow the firm to protect its billings from fluctuating currency values. The US law firm, which last year hired a global treasury manager to centralise its approach, is considering whether to introduce new bank products that would allow it to exchange dollars or euros into sterling at a pre-determined fixed rate for a number of years.
2 minute read

International Edition

Olswang ends US alliance as partner Cooley plans to ramp up UK presence

Olswang and US tech leader Cooley have ended their alliance as the US practice weighs up options to launch its own presence in the City. Management at both firms decided to call time on their 18-month non-exclusive alliance at the close of last year, although they are continuing to work on ongoing matters. It is understood the pair discussed a more formal tie-up or merger in the UK before calling off the relationship.
2 minute read

International Edition

Going global and a 'one-firm approach' – SJ Berwin's new head sets out his agenda

"Clearly the most essential part of the job is to listen to the partners. I will form a leadership team with Rob but we do not pretend to have a monopoly on wisdom" - Sofia Lind talks to new SJ Berwin senior partner Stephen Kon...
7 minute read

International Edition

Partners believe fragmented legal industry is set for intense merger run

"Definition of law firm merger - poorly managed; driven largely by overpaid incumbent management with little real support from grass roots; justifed rarely on good logic but instead on catch words like 'scale', 'footprint' and 'globalisation'...
4 minute read

International Edition

Linklaters and Allen & Gledhill end Singapore joint venture as A&O talks progress

Linklaters and Allen & Gledhill are to officially end their alliance as the Singapore firm continues its tie-up talks with magic circle rival Allen & Overy (A&O). The firms have reached a decision to formally terminate the joint venture, which has been in place since 2000, over the last few days, with one Linklaters' partner suggesting the venture will be wound down before the end of the financial year in April.
3 minute read

International Edition

Freshfields confirms Singapore relaunch with lateral hires on the agenda

Freshfields Bruckhaus Deringer's partnership council has given the go-ahead to plans to reopen in Singapore. The magic circle law firm is now set to relaunch the office in the third quarter of this year, only five years after shutting its former arm in the region. Freshfields has not yet applied for a licence in Singapore, but has confirmed that it intends to practise UK and US law initially, rather than pursuing any kind of domestic law venture with a local firm, despite moves to open up the market to foreign advisers. The firm is currently in talks with a number of lateral hires to staff the office and is also expecting to relocate partners to Singapore from the rest of its network.
3 minute read

International Edition

Quinn Emanuel plans raft of office launches across Europe and Asia

US litigation specialist Quinn Emanuel Urquhart & Sullivan has set out ambitious plans to expand across Asia and Europe. The firm has earmarked Germany, Switzerland and Singapore for office launches within the next two years, with an office in Hong Kong planned for a later date. Germany, where Quinn Emanuel launched a two-partner office in Mannheim in 2010, is expected to gain two new bases, with an opening in Hamburg expected imminently and a launch in Munich expected before the end of the year.
2 minute read

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