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International Edition

Mishcons adds real estate partner with LG hire

Mishcon de Reya has turned to LG for its latest hire, bringing in senior associate Jonathan Legg as a partner to boost its real estate tax group. Legg, who joins Mishcons today (10 May), has a corporate tax practice focusing on property investment, development, finance and funds work.
2 minute read

International Edition

Herbert Smith, Latham lead on £1.5bn sale of Harrods to Qatari royal family

Herbert Smith and Latham & Watkins have taken roles on opposite sides of the £1.5bn sale of Harrods to the Qatari royal family. The deal sees Mohamed Al Fayed's 25-year tenure as owner of the iconic Knightsbridge department store come to an end, although he will remain in a new role as honorary chairman.
2 minute read

International Edition

White & Case hires CC M&A partner in Moscow

White & Case has expanded its Moscow office with the hire of M&A partner Andrei Dontsov from Clifford Chance (CC). Dontsov will join the US firm's corporate practice in the Russian capital, becoming the fifteenth partner in the 62-lawyer office.
2 minute read

International Edition

Dealmaker: Paul Dolman

Travers private equity partner Paul Dolman feels the warranty rage before cooling off with a damp towel...
4 minute read

International Edition

Watson Farley recruits Freshfields practice head in quadruple partner hire

Watson Farley & Williams has significantly bolstered its London office with a quadruple partner hire, including Freshfields Bruckhaus Deringer's energy and infrastructure head Charles July. July, who has been a partner at Freshfields since 1988, will join UK top 50 firm Watson Farley later this month.
2 minute read

International Edition

SJ Berwin's US strategy Part II – time to dance with... Proskauer Rose

With Orrick Herrington & Sutcliffe this week pulling the plug on a merger bid with SJ Berwin, the question now is whether the UK firm pushes on with its efforts to secure a US merger. As best as can be gathered, it was never quite as simple as a two-way discussion with Orrick. As Legal Week reported in February, the City law firm had identified a small list of US firms - including Orrick - with which it intended to explore whether to pursue a transatlantic deal. Two other firms definitely on that list were Boston's Goodwin Procter and New York's Proskauer Rose.
3 minute read

International Edition

SJ Berwin merger bid shifts towards New York's Proskauer Rose

SJ Berwin has shifted its hunt to secure a US merger to Proskauer Rose with the UK firm set for detailed talks with the New York practice over the next month. Proskauer Rose has been identified as the sole merger candidate for the UK firm, although the discussions remain at a relatively early stage.
2 minute read

International Edition

Norton Rose adds partner to Shanghai base with A&O hire

Norton Rose has bolstered its Shanghai office with the hire of a new partner from Allen & Overy (A&O). A&O of counsel Lynn Yang (pictured) is set to join the firm's corporate team as a partner on 1 July.
2 minute read

International Edition

Linklaters to renew push into boardrooms under new broom

Back to basics, the once-unloved mantra of the Conservative Party, seems to be getting a new lease of life at Silk Street as Linklaters' corporate practice hauls itself out of the recession. The message coming from new head of corporate Jeremy Parr is that Linklaters will be looking to "refresh and replenish" its client base as it repositions its practice for a tougher global deal market. In part, this illustrates that Linklaters' protracted push with the investment banking community is largely a completed project. Even the less generous of its peers concede that the firm's corporate practice has established a commanding position with the banking community over the last decade. This success, coupled with the now-distant challenge of keeping up with the deal boom, arguably led to a little less focus on the quality that originally made the team's reputation: obsessively cultivating top quality boardroom connections. In the rush of the deal boom, by common consent, some of the firm's traditional focus on strategically building out its client base was less in evidence. And while Linklaters typically gets respect from its clients, the robust line it has taken on pricing during the recession hasn't always endeared it to those who look for a deal team to share their pain.
4 minute read

International Edition

After the flood

Recovery was the buzzword at last month's Legal Week Private Equity Forum; recovery, that is, from a low level and in an environment clouded by credit shortages and regulatory uncertainty. "It's looking a bit brighter, but it's not anywhere close to the situation three years ago," said Stephan Grillmaier, a partner at private equity advisers MVision, speaking at the event, held at the Chancery Court Hotel in Holborn, central London.
5 minute read

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