Categories:Africa

White & Case’s canny African move could prove a catalyst

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Readers' comments (9)

  • The Lawyer has just lost a reader. The Lawyer has become a mouthpiece for the propaganda and positive "spin" spewed out from White & Case. And The Lawyer has stopped publishing any comment which is unfavourable to White & Case. This website is not worth reading anymore if it continues to do this. The story above is not news. It is just a piece of propaganda from the marketing department of White & Case and was issued to divert attention from all of White & Case's problems and its struggle for survival. A move into Africa is not going to "save" White & Case. Goodbye, The Lawyer!

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  • W&C is clearly is shadow of its former self. And even among the firms at the top of the queue in relation to work coming out of Africa, W&C is rock bottom. Ask any insider in this market and they would say White Who?

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  • I disagree with 3:28 but not entirely. And 10:47 doesn't have it quite right either. W&C has always been a Tier 2 (at best) firm that wants to break into the top bracket. It has tried this by becoming a key player in emerging markets - in Eastern Europe and Brazil, there certainly isn't anyone asking "White Who" at all. But once there, the firm doesn't do anything to enhance its position.
    So the problem that W&C has had is its inability to actually do anything from its emerging markets strategies. Rather than cement its efforts into anything like a profit center, W&C tends to take what it can from these markets without properly exploit them. Historically speaking, it's how the Dutch colonized v how the English did - and look who had the longer-lasting empire.
    This is why firms such as Simpson or Skadden can suddenly walk into, say, Brazil and poof! - within a short time become suddenly relevant in that market, while W&C slides into also-ran status. Perhaps that's a bit harsh and overgeneralized but the fact remains that the firm tends to give up competitive advantage.
    Going into Africa? Good, there's loads of money to be made there, particularly for a top project-finance firm like W&C. But doubtless what will happen is that the firm will do the grunt work, lay down tracks... and then other NY firms will come in and take advantage of the goodwill and establish positions.

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  • Very well thought out 6:50. You are indeed a paragon of balance. But please show me one industry name that W&C has who would inspire confidence. I work with several emerging market funds and W&C never figures in any discussion. It has been overtrading for a while and the recession could not have come at a worse time. So Africa could well be W&C's Waterloo!

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  • This is a great deal, something between absurd and unbelievable. Africa is going to be the right place to stop the crisis ... It is very well known that Africa as a lot of corporate, banking , financial and capital maket work awaitng for foreign law firms. Suffering the Crisis? Relocating hundreds of lawyers in Africa: is simple and quick!

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  • Africa? If you read the trend these days, its Mauritius which is the pick. Mauritius is ranked 1st or 2nd in the ease of doing business, overall tax rate for corporate goes to a mere 3%. Denton Wilde, Appleby, Conyers Dill Pearman are already over there and ripping all the benefits.

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  • A White Elephant may be a rare commodity out there and pay off. Might become so rare however, we'll only be able to see it on safari.

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  • Let's get some real news out of White & Case! When are we going to hear about the partnership cull???

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  • Being a lawyer also demand having talent. Everyone has problems so should White & Case law firm if at all they have as claim by a reader comments above . And if they want to resurrect or prove their worth if they meant what is read above, they should facilitate their move in working with some law firms in Nigeria. People there are responsive to ideas and innovations. They are just wainting to be tapped. A handful of justice or legal professional in a country like Nigeria is a welcome idea that the mass are longing for.

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