Freshfields Bruckhaus Deringer has voted to hire former White & Case banking partners Maurice Allen and Mike Goetz. Last week The Lawyer revealed that the two were in negotiations with the magic circle firm following a period of intense wrangling within White & Case over strategic issues. White & Case internally announced their departures last […]
Hailing a taxi when the president is in town is not easy. But while President Bush prepares to give a talk at the New York Economic Club this afternoon (Friday 14 March), I’m running across town to see a team of European Clifford Chance partners give a briefing on the cross-border regulatory environment. After hearing […]
Rats the size of dogs 14-March-2008And now, the end is near, and so real estate lawyers face their final cocktail. Mipim is winding down, alas. While we in the UK have had to sit through the most boring Budget ever, property lawyers have been whooping it up down the Croisette.
Linklaters and Jones Day have been handed key roles on a proposed mega-deal that would see the creation of a £20bn mining giant in Kazakhstan. Eurasian Natural Resources Corporation (ENRC) has made an approach for copper producer Kazakhmys, with the former understood to have turned to Jones Day European head of capital markets Giles Elliott […]
The Lawyer revenue counter for US firms Rank Firm Revenue ($m) Profit per equity partner ($m) 1 DLA Piper 2,100 1.28 2 Skadden Arps Slate Meagher & Flom 2,020 2.28 3 Latham & Watkins 2,005 2.27 4 Baker & McKenzie 1,830 1.06 5 Sidley Austin 1,390 1.38 6 White & Case 1,370 1.67 7 Jones […]
Ashurst has been instructed on its first Indian IPO, advising on the $400m (£196.80) flotation of Rural Electrification Corporation on India’s Bombay and National stock exchanges. Ashurst handled the US securities law aspects of the float, working alongside Indian firm Amarchand & Mangaldas & Suresh A Shroff & Co. Robert Ogilvy Watson, a corporate partner […]
The London office of Reed Smith Richards Butler has won a minor role in a major US technology deal, handling UK issues on AOL’s acquisition of Bebo. Reed Smith senior associate Gregor Pryor said the firm was drafted in to help on UK issues given the reach of Bebo’s business in the UK. “Bebo is […]
Edwards Angell Palmer & Dodge today (Thursday 13 March) become the latest US firm to lay off a group of associates. The Boston-based firm’s co-managing partner Chip DeWitt confirmed that a group of ‘fewer than 10’ associates had been notified earlier today that they were being made redundant. The firm, which merged with London-based Kendall […]
US firm McDermott Will & Emery has appointed energy partner Doron Ezickson to run its London office. Ezickson, who is co-head of the international energy practice, takes over as London office head from David Dalgarno. Dalgarno said he was “delighted” to be standing down and returning to practice in the employment group. He said the […]
Freshfields Brussels partner Vanessa Turner has been appointed to the European Commission, assisting the competition commissioner.
White & Case faces fresh revolt over partner compensation” />White & Case chairman Hugh Verrier is coming under increasing pressure this week to rejig the firm’s compensation structure for more junior partners in London in the wake of the dramatic resignations of Maurice Allen and Mike Goetz. Verrier flew into London last weekend for a […]
There was little news in the Budget for companies to be concerned about, with Alistair Darling confirming that corporation tax will fall from 38 per cent to 28 per cent by April. However, as James MacLachlan, head of corporate tax at Baker & Mckenzie, pointed out this was either a “mistake or spin” given that […]