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International Edition

DLA makes A&O corporate hire in Bangkok

DLA Piper has bulked up its capabilities in Thailand with the hire of Allen & Overy (A&O) corporate consultant Tim Dobson. Dobson has joined DLA's corporate group in Bangkok as a senior consultant, where he will work alongside the firm's three resident partners in the region. He has been based in Thailand with A&O since 2001 and leaves five partners in the office there.
2 minute read

International Edition

US duo on $21.5bn telecoms mega-merger

US firms Akin Gump Strauss Hauer & Feld and Cleary Gottlieb Steen & Hamilton have taken the lead roles on a $21.5bn (£13.5bn) tie-up which will create one of the world's biggest telecom companies. Russian telecoms operator VimpelCom is set to acquire Weather Investments in the first quarter of 2011, handing the company a presence in 20 countries across the world. Akin Gump is advising VimpelCom with a team led by London partner Dan Walsh alongside corporate partners Fred Heller, Pat Dooley and Sebastian Rice.
2 minute read

International Edition

Proskauer appoints new chairman in latest twist in SJB merger saga

Proskauer Rose has elected a new chairman amid the US firm's ongoing merger talks with SJ Berwin. Corporate partner Joseph Leccese is set to replace incumbent Allen Fagin in January next year as Fagin's maximum six-year term comes to an end. Leccese is currently co-head of the firm's sports law group and a member of the executive committee.
2 minute read

International Edition

Orrick and Akin Gump call off merger talks

Orrick Herrington & Sutcliffe and Akin Gump Strauss Hauer & Feld have called off merger discussions just six days after the firms acknowledged they were in "preliminary" talks over a tie-up, reports The Am Law Daily. In a statement, an Orrick spokesperson said: "Orrick and Akin Gump have mutually agreed to conclude preliminary discussions regarding the possibility of a merger. "The firms appreciated the opportunity to have the discussions, which confirmed their mutual respect for one another. However, the firms have determined not to proceed."
2 minute read

International Edition

Weil and Wachtell in pole position as multi-billion Sanofi bid goes hostile

Weil Gotshal & Manges and Wachtell Lipton Rosen & Katz are taking the key advisory roles as Sanofi-Aventis's multibillion-dollar bid for US biotechnology company Genzyme goes hostile. Weil Gotshal is acting for French pharma company Sanofi on its $18.5bn (£11.7bn) bid with a team including corporate partners Claude Serra in Paris and Michael Aiello in New York. Wachtell is advising Genzyme, with corporate partners Andrew Brownstein and Greg Ostling taking the key roles.
2 minute read

International Edition

Swiss independent sees two offices break away to launch new firm

Leading Swiss independent Pestalozzi Lachenal Patry has split in half, with two offices breaking off from the firm to set up a new network. Pestalozzi's Geneva and Brussels arms have separated from the Zurich office, a move understood to be due to differences of opinion regarding firm strategy. Partners Bernard Lachenal and Alain Le Fort will now head up the new outfit, which will be known as Lachenal & Le Fort.
2 minute read

International Edition

Career Clinic: Corporate law's a turn-off - but would qualifying elsewhere hurt my CV?

"I'm a trainee at one of the top City firms and am facing a dilemma about where to qualify. The basic problem is that I don't want to close off future career options, such as moving into a business-facing role in a large corporate, but I can't stand transactional law. I found the hours in corporate to be incredibly long (typically 55-65 hours a week) and have seen that the work can be unbelievably tedious (even at partner level) but appreciate that qualifying into such an area would provide a very good business background - learning about transaction timetables, business concepts, reading accounts, etc.
1 minute read

International Edition

Reed Smith confirms merger talks with US firm Thompson & Knight

Reed Smith is in talks with US firm Thompson & Knight over a tie-up which could boost its lawyer headcount to around 2,000, reports The Am Law Daily. Thompson managing partner Jeffrey Zlotky confirmed that the two firms are in "preliminary" discussions over a potential combination, but added that they have not yet reached the stage at which he would take the proposed deal to the full Thompson partnership.
2 minute read

International Edition

Australia's Allens Arthur Robinson sets up Japanese alliance

Australia's Allens Arthur Robinson has set up a formal alliance with Japanese firm Nagashima Ohno & Tsunematsu (NO&T) to bolster its presence in the region. The alliance will go live tomorrow and will see each of the firms' permanently hosting seconded lawyers to spend a period of time in each others offices.
2 minute read

International Edition

Dealmaker: Mark Soundy

Weil Gotshal buyout veteran Mark Soundy on keeping it in the family and why you can't trust a banker
4 minute read

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