9 June 2008

Simpson Thacher hires Akin partner

Simpson Thacher & Bartlett has ramped up its executive compensation capabilities, snaring a partner from Akin Gump Strauss Hauer & Feld. Tristan Brown will join the firm as partner in Simpson Thacher’s Palo Alto, California office in the executive compensation and employee benefits group. Firm chairman Pete Ruegger said: “Tristan will advise clients on a […]

Clifford Chance partner to chair ICC arbitration court

The beleaguered International Chamber of Commerce (ICC) International Court of Arbitration in Paris has appointed replacement chairmen, following the current chairman’s recent shock resignation. Current chairman Pierre Tercier, who will leave the post on 30 June, will be succeeded by Salans co-founder Carl Salans as interim chairman. Salans will be replaced by Clifford Chance’s global […]

Mace & Jones launches ‘justice’ story competition

Northwest firm Mace & Jones is launching a short story competition on the theme of ‘justice’. The firm’s head of employment law and celebrated crime fiction author Martin Edwards said the firm is seeking to contribute to the city’s Capital of Culture celebrations. “The short story is a marvellous literary form I am passionate about,” […]

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Lawyers split over 42 day detention period

City lawyers are split over the extension of the pre-charge detention period to 42 days which was narrowly passed in the House of Commons on Wednesday. Expressing his personal opinion, not that of the firm, Clifford Chance London litigator and pro bono partner Michael Smyth said: “I think my professional body, the Law Society got […]

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Trowers & Hamlins PEP slides 8 per cent

Trowers & Hamlins PEP slides 8 per cent” />Average profit per equity partner (PEP) at Trowers & Hamlins has fallen 8 per cent, from £559,000 last year to £515,000 this. The firm attributed the drop to market conditions, together with investment in salaries. Fee income grew by 14 per cent to £77.6m, after last year’s […]

Nabarro PEP hits £600,000

Nabarro has posted a 6 per cent rise in average profit per equity partner (PEP), hitting £600,000.

Salans taps McDermott for City competition launch

Salans has launched a UK competition practice with the hire of antitrust partner Ian Rose from the London office of McDermott Will & Emery. Rose has a practice focused on cartels and abuses of dominant positions, litigating in UK and European courts. Howard Cohen, managing partner of Salans’ London office, said: “We have been looking […]

Trowers & Hamlins: set back, or de-railed?

As a string of stories in recent weeks have shown, the credit crunch has begun to bite. The latest bitten is Trowers & Hamlins. Top of the PEPs Revenue PEP Table As a string of stories in recent weeks have shown, the credit crunch has begun to bite. The latest bitten is Trowers & Hamlins. […]

Gibson Dunn hires Goodwin litigator in New York

Gibson Dunn & Crutcher has hired Goodwin Proctor IP litigation partner Benjamin Hershkowitz for its New York office. Hershkowitz joins the firm as a partner and will help ramp up their patent infringement and technology litigation capabilities. Gibson Dunn managing partner Ken Doran said: “The growth of our national IP practice has been one of […]

Shearman, Greenberg Traurig in $2.5bn Brazil deal

Shearman & Sterling and Greenberg Traurig scooped lead roles advising on a Brazilian $2.5bn equity offering. Shearman & Sterling partner Andrew Janszky led the firm’s team advising underwriters Itau USA Securities and JPMorgan on the deal, which incorporates a series of four offerings. Janszky said: “We have worked with these underwriters and with Gerdau Group […]

Thacher Proffitt rules out further redundancies

The managing partner of Thacher Proffitt & Wood yesterday (Wednesday 11 June) vowed his firm would make no further layoffs as a result of the credit crisis. Last December, Thacher Proffitt was among the first US firms to admit it was being forced to make cuts as a result of the downturn in its core […]

Salans launches six-strong team in Frankfurt

Salans has launched a new office in Frankfurt with a team of Aderhold Gassner partners Matthias Haas and Holger Scheer and four associates. The team will be joined in Frankfurt by partner Detlef Spranger and an associate from Salans’ Berlin office, with an emphasis on M&A, private equity, finance litigation, international real estate and tax. […]

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