PRC firm Dacheng has made its first significant hire since its tie-up with Dentons became public knowledge, taking on a team of six equity partners from fellow Chinese firm Haworth & Lexon.
With a new three-year strategy in the offing and several recently launched projects still bedding in, 2015 has the potential to set a new benchmark at Simmons & Simmons.
BBVA’s former UK head of legal Joanne Theodoulou has taken up the role of general counsel at NetOTC, an independent platform that deals with over-the-counter (OTC) derivatives transactions.
Squire Patton Boggs has advised on the deal to sell Sheffield Wednesday Football Club to Thai businessman Dejphon Chansiri, representing owner Milan Mandaric.
US firm Chadbourne & Parke has become the latest international player to launch in South Africa, opening a Johannesburg office with the hire of Bowman Gilfillan partner Lido Fontana.
Freshfields Bruckhaus Deringer has released its retention rate for its spring 2015 qualifiers, keeping 85 per cent of trainees on in newly-qualified (NQ) positions.
Deutsche Bank’s litigation costs fell by over 80 per cent in the fourth quarter of 2014 compared to the same period in 2013, from €1.1bn to €207m (£155m), helping the bank to a surprise pretax profit.
Berwin Leighton Paisner (BLP) head of corporate David Collins and head of employment Lisa Mayhew will go head-to-head on Tuesday (3 February), when partners vote in the firm’s first contested managing partner election for 16 years.
Browne Jacobson’s managing partner Iain Blatherwick has been unanimously re-appointed to the role in a vote by the firm’s 96 partners.
Middle East firm Al Tamimi & Company has agreed an association with an Egyptian firm in a bid to take advantage of the country’s improving outlook despite continuing political unrest.
The amount that Freshfields Bruckhaus Deringer expects to pay to fund current partners’ pensions fell in the 2013/14 financial year, despite the firm’s total future commitment to retired partners continuing to hover around the £1bn mark.
The High Court has found in favour of a Clyde & Co client who claimed that a typo in a Companies House document forced his business into administration.
Herbert Smith Freehills (HSF) has been appointed as the main adviser for High Speed Two (HS2), the developer of Britain’s new north-south high speed train line.
Virgin Media’s in-house team has successfully fought off the latest in a string of nine patent infringement claims brought by US technology company Rovi, with the claim withdrawn before hitting the courts.
KPMG’s general counsel Vanessa Sharp is set to quit her role in May to seek new opportunities.
Baker & McKenzie, Freshfields Bruckhaus Deringer, Herbert Smith Freehills and Linklaters are among the firms to win roles on Hong Kong giant Hutchison Whampoa’s proposed acquisition of O2.
Allen & Overy (A&O), Ashurst, Dillon Eustace and William Fry have won key mandates advising on the £680m acquisition of the Jurys Inn hotel chain by US private equity group Lone Star.
Eaglewood Europe has hired former Sidley Austin associate Dipali Sahni as its first general counsel.
Finnish firm Roschier has announced the hire of Latham & Watkins capital markets partner Antti Ihamuotila, bringing him back home to Helsinki after 15 years in London.
When Indian firm Amarchand Mangaldas Suresh A Shroff & Co splits in two on 1 April this year it will bring an end to the history of one of India’s oldest and best-known law firms.
As many as 95 per cent of managing partners expect their firms to merge within the next decade, and 45 per cent of firms that have not secured a merger in the past five years would consider a tie-up before 2017, new research has revealed.
US firm White & Case is to keep all 13 of its trainees due to qualify in March this year.
Sovereign Housing Association, the largest social housing provider for the south and southwest of England, has grown its legal panel by 40 per cent, adding four firms to its roster of advisors.
Italian firm Grimaldi Studio Legale has added three partners to its roster, including former Allen & Overy (A&O) partner Davide D’Angelo.
US firm Vedder Price’s London office has advised on the launch of Digital Securities Exchange (DSX) - the first company in the UK to bring bitcoin trading into a secure regulated environment.
The head of US technology firm Wilson Sonsini Goodrich & Rosati’s Beijing office has quit the firm to join Sidley Austin.
Goodwin Procter and Mayer Brown have advised on the sale of the City’s Tower Place to Chinese insurance giant Ping An.
DLA Piper has begun to rebuild its depleted Asia practice with the hire of two partners and an of counsel, reuniting a group of former Jones Day colleagues in the process.
Clifford Chance has kicked off a review of its lockstep, which could see changes made as early as the beginning of the next financial year.
A record 45 in-house counsel and 50 women feature in The Lawyer’s Hot 100 2015, which is unveiled today after months of research.
Bird & Bird is facing a €130m (£97.7m) professional negligence claim brought by a group of around 30 German real estate funds, in the latest development in a corruption trial against a former client.
Lawyers in the Midlands will see a salary increase of around 10 per cent in 2015, thanks to a growing number of firms setting up offices in the region.
Scottish firm Burness Paull strengthened its cash position by over £2m in the first full year following the merger of Burness and Paull & Williamsons, with the figure rising from £3.6m to £5.8m.
Slater & Gordon is in negotiations to buy an operating division of Aim-listed legal services provider Quindell, understood to be its legal services arm.
The partner who manages Linklaters’ relationship with private equity house Carlyle Group in Asia has left the firm to take up partnership at White & Case.
Barclays’ managing director of litigation and investigations Jonathan Peddie is leaving his role at the end of February after nine years.
French firm Veil Jourde has capped off a strong 2014 with the hire of a competition team from Winston & Strawn led by partner Emmanuel Tricot.
"Reputational kryptonite": Firms scramble to tighten disciplinary procedures in wake of CC trainee’s Islamist rant
City firms are rushing to put in place procedures to deal with incidents such as the YouTube video of a Clifford Chance trainee expressing Islamist views.
Shakespeares chief executive Paul Wilson has stepped down from his role after nearly nine years at the helm of the acquisitive Midlands-based firm.
Bird & Bird consolidated its debt into one single unsecured facility in November 2014 just as the balance on two sizeable loans was due for repayment.
Reed Smith and barristers from 8 New Square and Hogarth Chambers have successfully defended the rights of international pop star Rihanna in a battle against a t-shirt bearing her image sold by high street retailer Topshop.
All the latest partner hires and other appointments within Continental European firms and offices.
PRC firm Dacheng is to merge with global firm Dentons in only the second tie-up between a Chinese and Anglo-Saxon firm in history.
Male and female general counsel have different priorities when buying legal services, according to new research by Acritas.
Manchester firm Gunnercooke has signed a deal to provide office space, regulatory, insurance and back office support services to two-man start-up firm Ignition Law.
Heenan Paris, the boutique which spun out of collapsed Canadian firm Heenan Blaikie last year, has launched an outpost in Washington DC to focus on energy and projects work.
Greenberg Traurig Maher has hired Sidley Austin corporate partner Dorothee Fischer-Appelt to join its London office, following the growing trend of US to US partner laterals in the City.
Morgan Stanley has revealed an 80 per cent drop in legal costs in the fourth quarter of 2014 to $284m (£188m), down from $1.4bn in the same period last year.
International litigation boutique Kobre & Kim has launched its fourth office in the US in San Francisco, led by Kerr & Wagstaffe’s Michael Ng who joins the firm as a partner.
Silicon Valley firm Fenwick & West has added a corporate partner to its Shanghai office, having opened in China’s largest city last year.
Irwin Mitchell may float as early as this year, according to documents revealing the firm had appointed brokers in relation to an initial public offering (IPO) by October last year.
Publishing giant Pearson is set to launch its first global legal panel by the end of the first quarter of 2015, with current advisers Freshfields Bruckhaus Deringer, Herbert Smith Freehills (HSF), Fieldfisher and Morgan Lewis among those contending for places.
Addleshaw Goddard has won an instruction from Barclays Bank on its attempts to recoup money loaned to partners of collapsed US firm Dewey & LeBoeuf, following the hire of partner Richard Clayton from TLT.
For years, Asia has been hailed as a land of golden opportunity for the legal profession. So, why has Fried Frank Harris & Shriver decided to close down its operations in the region?
Debevoise & Plimpton has hired JPMorgan Chase consumer bank general counsel Matthew Biben to join its white collar and regulatory defence group and banking and consumer finance practices.
Irwin Mitchell former London head of corporate Andrew Woolf has left the firm to join Fox Williams in London.
Linklaters is targeting Mandarin-speaking native lawyers to train across its London and China offices, and work in China on qualification.
Clifford Chance has appointed its first global head of innovation and business change alongside a new chief operating officer (COO), both with specific remits to support an era of transformation under new managing partner Matthew Layton.
As global consolidation shows no sign of slowing down, the need for independent firms to find a way of effectively working across borders has only grown.
Clifford Chance and Freshfields Bruckhaus Deringer have stepped up to advise as infrastructure investor John Laing Group announces plans to list on the London Stock Exchange.
US firm Fried Frank Harris Shriver & Jacobson has called time on its beleaguered Hong Kong and Shanghai offices, with plans to close its Asian operations after seven years in June 2015.
Osborne Clarke has hired two new private client partners in a bid to re-launch its private client offering, which it previously scrapped in late 2013.
Rolls Royce company secretary and head of legal Nigel Goldsworthy has stepped down from his role at the company after his role was split in two last year.
Norton Rose Fulbright (NRF) has sent the head of its Asia-Pacific energy team from Sydney to Singapore just as global practice head Simon Currie arrives in Sydney from London.
This year’s case line-up has an international theme running through it, underlining the English High Court’s reputation as a global litigation centre.
Pannone Corporate is preparing to move to dedicated premises on 2 February, one year after the firm’s demerger from legacy Pannone.
A team of corporate law notaries from Benelux firm De Brauw Blackstone Westbroek have used the growth of the boutique market in the Netherlands as the catalyst to establish their own spin-off practice.
Freshfields Bruckhaus Deringer has successfully defended a negligence claim brought against Sotheby’s in which the auction house was accused of failing to notice that a work of art could have been painted by the Italian artist Caravaggio.
The Competition and Markets Authority’s (CMA) Cartels and Criminal Group has launched a recruitment campaign to hire in-house lawyers.
Earlier this week DAC Beachcroft (DACB) announced it had signed an exclusive alliance with Madrid-based Muñoz Arribas Abogados in a further bid to boost its insurance and health practices in Spain and Latin America.
Bates Wells Braithwaite (BWB) has moved into the first floor of King & Wood Mallesons’ (KWM) office space, shrinking its square footage as a result of going open plan.
Citigroup has reported $2.9bn (£1.9bn) in legal expenses during the fourth quarter of 2014 - an increase of 258 per cent from $809m for the same period of 2013.
Akin Gump has increased opportunities for junior lawyers at the firm, establishing vacation schemes and bolstering its trainee options.
An Exchange Chambers QC has launched a social networking site for the legal world named Mootis.
Travel commerce platform Travelport has snapped up William Hill general counsel and company secretary Thomas Murphy to head its legal department.
Bindmans and Kingsley Napley are advising the Law Society and the London Criminal Courts Solicitors Association (LCCSA) on their application for judicial review of the new tender process for criminal legal aid contracts, which is in court today (15 January).
Iceland Foods has added Yorkshire firm Gordons to its list of advisers, just weeks after the appointment of DWF director Duncan Vaughan as head of legal.
Burness Paull, Eversheds and Osborne Clarke are among 11 firms that have been appointed to the new national legal services procurement framework for Local Government Pension Scheme (LGPS) Funds launched earlier this week (12 January).
JPMorgan has revealed that it ran up $1.1bn (£723m) of legal expenses during the fourth quarter of 2014, up 30 per cent from $847m the year before.
The Royal Mail is launching a number of opportunities for junior lawyers, putting access to the profession and diversity at the heart of its plans.
Penningtons more than doubled its debt in the year it took over cash-strapped Manches, with a number of its partners giving personal guarantees that the loans would be repaid.
The QC Appointments Secretariat has unveiled the list of newly-appointed silks, with 93 making the cut out of 223 applicants - including 25 women.
A total of 10 law firms, including new entrant Cleary Gottlieb Steen & Hamilton, have made the cut in this year’s list of the top 100 gay-friendly employers by LGB charity Stonewall.
Servicing debt and dealing with staff costs including historical pension liabilities continued to preoccupy firms in the 2013/14 financial year, LLP accounts filed with Companies House have revealed.
DWF has appointed Ince & Co head of corporate insurance Richard Britain and DLA Piper banking partner Christian Francis in London.
DLA Piper’s Middle East and Kuwait managing partner Abdul Aziz Al-Yaqout has resigned to launch his own boutique firm in Kuwait.
Lewis Silkin client, rental services provider Enterprise Holdings, has won a trademark logo battle against rival company Europcar at the High Court.
Shepherd & Wedderburn has bolstered its commercial litigation practice with the addition of two Crowell & Moring lawyers to its London office.
Reed Smith and Queen Mary, University of London (QMU), have launched a four-year degree, in which law undergraduates will work for one year at the American firm’s London office.
Simmons & Simmons partners will be approached to contribute ideas on the strategic direction of the firm this week, as a new three-year business plan hits the drawing board.
The Royal Bank of Scotland (RBS) has promoted its deputy general counsel, John Collins, to the role of chief legal officer following the retirement of Chris Campbell.
Nabarro and its European allies have established a single umbrella brand, Broadlaw, in an effort to unify their offering to clients.
Cooley CEO Joe Conroy talks to The Lawyer about the firm’s raid on Edwards Wildman and Morrison & Foerster (MoFo) and the plans for its London office.
Reed Smith has hired a Stephenson Harwood partner to launch a Singapore corporate practice two years after opening a base in the city-state.
Kennedys has taken over a litigation boutique and hired a partner from McClure Naismith as part of a plan to rapidly grow a presence north of the border.
Cooley has confirmed its London opening with the hire of 19 partners from Edwards Wildman Palmer and Morrison & Foerster (MoFo), bringing headcount up 55 fee-earners.
The BBC has announced its plans for its new training contract, which will begin in 2015.
Baker & McKenzie, Allen & Overy (A&O) and Clifford Chance have the most developed networks across the Association of Southeast Asian Nations (ASEAN) countries and as such are best placed to take advantage of the ASEAN Economic Community (AEC), which launches later this year.
After a record number of entries, the shortlist for The Lawyer European Awards 2015 is finally revealed today (12 January).
The merger between US firms Locke Lord and Edwards Wildman Palmer went live this weekend (10 January 2015), with the majority of partners from Edwards Wildman making the jump over to Locke Lord Edwards.
Welcome to one of our most-awaited issues of the year, in which we unveil our Hot 100 lawyers for 2015.
The combination of US-European Dentons with China’s Dacheng will create the world’s biggest law firm. On paper, that’s a lot of global reach – as long as integration issues are tackled. For more on Dacheng and a close analysis of Chinese firms, check out our China Elite.
Lawyer News Daily
Berwin Leighton Paisner (BLP) partners are on the last leg of the firm’s managing partner election this week, with a vote scheduled for Tuesday