The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
US firm Squire Sanders & Dempsey has pulled out of Kazakhstan after less than two years, at a time when US firm Morgan Lewis & Bockius is setting up connections in the resource-rich country.
Squire Sanders made its move after deciding the "near-time prospects for that practice" were not strong enough, said former London co-ordinator of the European practice Mark Cusick, now returned to the US and replaced in London by Joseph Markoski this week.
The office was staffed by one partner, who left to set up his own practice after the firm announced its intention to close shop. The firm had acted for the government in its first hard currency privatisation.
One observer said the expected infrastructure boom in Kazakhstan had been hit by a lack of funds and there was less work around for advisers.
Meanwhile, US firm Morgan Lewis & Bockius has signed a mutual referral deal with New York practice Rothstein & Shaw LLP, which has offices in Moscow and Kazakhstan's Almaty. Morgan Lewis will use Rothstein's offices which will also house Morgan Lewis lawyers who joined the firm in April from Coudert Brothers.
Rothstein & Shaw has six lawyers and six paralegals. Daniel Rothstein and Britt Shaw have practised in Russia since the early 1990s. The practice deals with corporate and commercial law, securities, real estate and joint ventures.
Morgan Lewis London managing partner Tom Benz said the experience and knowledge of the partnership would be invaluable.