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International Edition

Bingham launches Tokyo funds practice with seven-lawyer White & Case team

Bingham McCutchen has launched a funds practice in Tokyo with the hire of a seven-lawyer team from White & Case. Partners Christopher Wells and Tomoko Fuminaga, who headed the investment funds and regulatory team at the US rival firm, have joined the Boston-headquartered outfit this week along with five associates.
3 minute read

International Edition

Herbert Smith seeks cash injection of up to £20m from equity partners

Herbert Smith has issued a cash call to its equity partners, of up to £20m, ahead of its full financial merger with legacy Australian firm Freehills. The outfit, whose partnership with Freehills went live on October 1 last year, has asked its equity partners to pay £2,000 per equity point into the firm, in a bid to improve its capital structure.
3 minute read

International Edition

Linklaters boosts Washington tax practice with Bingham partner duo

Linklaters has strengthened its US tax practice with the hire of a partner duo from Bingham McCutchen. David Brockway and Jasper Howard join the magic circle firm's Washington DC office with immediate effect. Brockway previously served as chief of staff of the Joint Committee on Taxation of the US Congress and specialises in international tax planning. He focuses on corporate acquisitions and disposals, cross border structured finance and asset-based finance transactions.
2 minute read

International Edition

Sidley Austin bulks up in Singapore with Morgan Lewis & Bockius partner

Sidley Austin has taken further steps to ramp up its Singapore practice this week with the hire of Morgan Lewis Bockius M&A partner Gregory Salathé. The US firm was one of the four international outfits granted a Qualifying Foreign Law Practice (QFLP) licence in the Asian city-state in February this year, allowing it to advise on local law.
3 minute read

International Edition

Baker & McKenzie boosts Sydney team with DLA hire

Baker & McKenzie has added to its Sydney team with the appointment of DLA Piper life sciences partner, Amanda Turnill. Turnill, who was also based in Sydney with DLA, co-chairing the firm's global life sciences group and heading the practice in Asia Pacific, joins the US firm this week.
2 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

Transfer Window Asia: recent moves including Hogan Lovells and K&L Gates

Hong Kong law firm Deacons has added to its corporate team with the hire of private equity partner Robert Woll from Wilmer Cutler Pickering Hale and Dorr (WilmerHale). Woll, who headed the US firm's Beijing office for six years, is a specialist in M&A and private equity transactions, and deals involving venture capital and real estate investment funds.
6 minute read

International Edition

Allen & Gledhill adds five-partner disputes team from Rajah & Tann

Allen & Gledhill has boosted its disputes team with the hire of five partners from Rajah & Tann and the chief executive of the Singapore International Arbitration Centre (SIAC). Those joining the Singaporean firm from its rival include Chong Yee Leong, who heads R&T's international arbitration and construction practice and Chong Boon Leong, who specialises in power and telecoms disputes.
2 minute read

International Edition

Bakers aims to double female representation among equity

Baker & McKenzie is overhauling its approach to the promotion of female lawyers in a bid to double the proportion of women in its equity partner ranks. The firm, which has a 15% female equity partnership, is aiming to increase this figure to 30% with a shift away from billable hour targets – a factor that has long hampered the career progression of working mothers. More importance will now be placed on individuals' overall non-billable contributions, including their involvement in client and practice development, team building, promotion of firm culture and values, profile-raising and leadership.
3 minute read

International Edition

King & Spalding adds to Singapore team with King & Wood Mallesons disputes partner

King & Spalding has hired King & Wood Mallesons (KWM) partner Peter Megens to join its Singapore office. Megens, who is currently co-head of KWM's arbitration practice and a senior member of its construction team, will relocate from Melbourne, Australia to Singapore in July. Megens has over 30 years' experience representing clients in disputes arising out of construction, energy, mining and infrastructure projects.
2 minute read

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