Law News
Law news found and posted by the lawyrs community.
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May 01 2012
Clyde & Co is pursuing a strategy of growth in Asia, despite the departure of seven partners from its Hong Kong office in April, said the firm’s CEO Peter Hasson in...
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Mar 22 2012
Ashurst has tapped Paris-based banking partner James Collis to be its new managing partner. Collis takes over from Simon Bromwich, who decided last month to step down...
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Mar 02 2012
A new report estimates the value of leading UK law firms to be somewhere between $711 million to $4.1 billion, with Magic Circle firm Allen & Overy leading among the...
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Feb 22 2012
Simmons & Simmons has announced that just two of its eight qualifying trainees will be taking up post-qualification employment with the firm. According to a statement,...
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Feb 13 2012
UK firm Allen & Overy has announced that it is doing away with a policy that sets a fixed retirement age of 60 years for partners. A&O is following in the footsteps of...
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Feb 01 2012
Ashurst managing partner Simon Bromwich has announced that he will stand down from his role in May, six months ahead of schedule. Bromwich is set to take over as head...
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Jan 23 2012
Herbert Smith has entered into merger talks with Australian firm Freehills, with a number of different options on the table including a full merger, a Swiss...
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Dec 09 2011
Deloitte’s latest legal sector survey has reported that the top 100 firms in the UK showed strong growth in the second quarter, with fee incomes rising by an average...
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Nov 11 2011
Many of the largest UK law firms have seen growth in revenues in the first half of 2011-1, with at least five of the top 30 firms set to reveal double-digit increases...
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Oct 29 2011
Ashurst has announced the introduction of a quota for the number of women in management positions, and aims to increase the number of women in management posts from...
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Oct 14 2011
Roll on Friday points out that there is a steady depletion in the partner ranks over at Ashurst, with eight partners departing since the start of September....
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Oct 12 2011
Ashurst will see two more senior departures from its litigation practice, with litigation chief Michael Madden leaving the firm and partner Wil Thorburn set to join JP...
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Oct 04 2011
Law firm mergers are on the increase in the US, with 14 acquisitions in the third quarter of this year – up 79 per cent compared to the third quarter of 2010. The...
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Sep 27 2011
British firm Ashurst has announced plans to form an alliance with one of Australia's biggest law firms, Blake Dawson. The firms will merge their Asian practices in...
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Sep 23 2011
Ashurst has appointed a new managing partner for the Abu Dhabi practice, with corporate partner Alastair Holland taking over from David Wadham.
Wadham, who has...
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Aug 08 2011
An internal document from Ashurst has revealed the list of partners’ equity points over the last two years, showing that multiple partners were demoted down the...
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Aug 05 2011
Rumours abound that two major Australian firms are set to merge with international players. Mallesons Stephen Jaques has reportedly been negotiating with leading...
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Aug 03 2011
Ashurst has initiated a new flexible working scheme for equity partners. The scheme will allow equity partners to work part-time and be paid on a pro-rata basis...
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Jul 21 2011
International law firm firm Ashurst has entered into a “best friends” relationship with brand new firm India Law Partners (ILP), which was formed by a breakaway group...
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Jun 30 2011
Reports have emerged that UK firm Ashurst is investigating options for a presence in Australia, following in the fresh footprints laid down by Norton Rose, Allen &...
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May 20 2011
Ashurst has bolstered its Middle East energy and infrastructure practice – hiring a partner from Linklaters and relocating another partner from London.
David...
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May 12 2011
The Lawyer has hosted a series of discussions on issues arising from the Indian legal market. The panel was chaired by Law Society chief executive Des Hudson, and...
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May 09 2011
US firms are busy hiring to boost capacity in Europe as lucrative private equity work picks up in the region.
Boston-based firm Ropes & Gray, which opened in...
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Apr 26 2011
RollOnFriday has conducted a survey on the top 20 London firms, asking, how many women entered the partnership in the last three years – taking into account both...
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Apr 26 2011
RollOnFriday has conducted a survey on the top 20 London firms, asking, how many women entered the partnership in the last three years – taking into account both...
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Apr 18 2011
Ashurst is set to launch a Hong Kong dispute resolution practice after the hire of Simmons & Simmons China disputes head Gareth Hughes.
Ashurst Asia head Geoffrey...
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Apr 15 2011
Ashurst has promoted 12 lawyers to its partnership, up from 11 last year.
The corporate practice saw the most promotions in this round, with five new partners. Two...
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Apr 01 2011
All three of Ashurst's London-based US Securities partners are leaving the firm. Daniel Bushner, Eric Stuart and Marie Elena Angulo are departinging Ashurst and are...
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Mar 30 2011
Ashurst has reordered its partnership, more than doubling the number of partners at the top of its lockstep. The decision to increase the size of the top level group...
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Mar 15 2011
Clyde & Co is set to launch the Asian arm of the firm’s global aviation finance practice after the hire of Paul Jebely, Ashurst’s head of aviation for Asia, Middle...
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Mar 03 2011
Trainee retention rates at the 30 largest firms in the UK are up 10 per cent on last year’s figures,
84% of qualifying trainees were offered jobs this year and 83...
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Jan 20 2011
Partners at Ashurst will now be obliged to carry out at least 50 hours of firm-related work each week under new rules that raise the minimum commitment by 40 per cent....
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Jan 10 2011
Norton Rose has hired energy partner Ashley Wright of Ashurst in Singapore to lead its Asia-Pacific oil & gas team. The hire will give a boost to the firm’s ambitions...
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Nov 15 2010
Ashurst has boosted its European equity capital markets team with the hire of Dewey & LeBoeuf partner Matthias Von Oppen in Frankfurt.
Von Oppen is a corporate...
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Oct 27 2010
Eight law firms have taken roles advising on a $1.4 billion deal for the acquisition of Dutch insurance company Brit Insurance Holdings by private equity giants...
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Sep 28 2010
IOT Infrastructure & Energy Services Limited (IOT) has filed its DRHP (Draft Red Herring Prospectus) to sell 25 percent shareholding to the public. IOT is an oil...
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Sep 24 2010
Barclays Capital has hired Ashurst head of securities and structured finance Erica Handling, appointing her to the role general counsel.
Ashurst senior partner...
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Jul 02 2010
Dechert has given its London finance and banking practice a boost with the hire of Orrick Herrington & Sutcliffe structured finance partner Jim Waddington....
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Jun 17 2010
UK firm Watson Farley & Williams has given a boost to its Munich office with the hire of Dirk Janssen, formerly the Frankfurt head of corporate and M&A at Weil Gotshal...
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Jun 09 2010
ABB’s £864 million bid for the power company Chloride Group will be guided by two firms – Freshfields Bruckhaus Deringer and Ashurst.
The Freshfields team is...
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Jun 02 2010
US Firm Kirkland & Ellis have hired two corporate partners from Ashurst. Gavin Gordon and David Arnold have been placed on leave and their start date at Kirkland is...
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Apr 29 2010
Taylor Wessing has hired Ashurst partner Manja Epping, who will join the life sciences and healthcare group in Munich.
Epping has worked with Taylor Wessing before...
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Apr 27 2010
Ashurst has announced the promotion of 11 lawyers to the partnership – one more than in last year’s round. Six partners were made up in London, two in Paris and one...
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Mar 30 2010
US firm Dechert has announced the appointment of former Ashurst partner Jonathan Angell to its corporate and securities practice in London.
This hire takes the...
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Mar 29 2010
Latham & Watkins is advising the Dubai government on restructuring initiatives aimed at stabilizing its debt problems. On Thursday the government announced that it...
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Feb 23 2010
Ashurst’s India group head has said the firm is looking to Asia to promote its Indian presence after a ruling in the Bombay High Court effectively forced it to shut...
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Feb 22 2010
Clifford Chance has appointed former Ashurst partner Alan Kitchin as head of its Tokyo corporate and projects practice.
Kitchin left Ashurst's London office this...
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Feb 20 2010
Ashurst has is closing its New Delhi liaison office, which was set up in 1994 to advise for clients on the ground.
Ashurst's decision to pull out of India comes...
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Jan 14 2010
Ashurst has appointed corporate partner Anthony Clare as a new member of its nine-strong management board.
Clare replaces litigation partner Ed Sparrow who has...
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Jan 14 2010
Latham & Watkins has bolstered its London corporate group with the capture of private equity specialist Graeme Ward from Ashurst.
Latham & Watkins has bolstered its...
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Jan 08 2010
Salans LLP has hired Ashurst restructuring and finance partner Dietmar Schulz as a partner in its Frankfurt office. Schulz will add to Salans’ existing corporate...
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Jan 02 2010
Just a few days after a Bombay High Court order declared any practice by foreign firms in India illegal, Britain's Justice Department has asked the Indian law ministry...
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Dec 17 2009
International firms Ashurst, White & Case and Chadbourne & Parke have lost the long-running case against the Lawyers' Collective, with the Bombay High Court's decision...
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Dec 15 2009
Ashurst has scored a victory for the creditors of Dubai real estate company Nakheel with the news that they will be paid off through a bailout from the Abu Dhabi...
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Dec 08 2009
The world’s biggest aluminum company, United Co. Rusal failed to get approval for its planned $3bn initial public offering in Hong Kong. According to reports,...
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Dec 02 2009
Ashurst has picked up a key role advising a group of bondholders in relation to Dubai’s debt standstill.
A group holding more than 25 percent of the nominal value...
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Nov 30 2009
Ashurst has seen revenues fall by 14% for the first half of the financial year, becoming the latest firm to post a double-digit decrease in turnover at the half-year...
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Nov 12 2009
Ashurst is advising longstanding client National Express as it pushes ahead with plans for a £360m rights issue.
London corporate partner Steven Fox is leading the...
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Nov 09 2009
Referral network created to work alongside UK firm’s US practices
Ashurst has redefined its US strategy by establishing a six-firm referral network that will...
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Oct 15 2009
Ashurst and Herbert Smith have secured the top advisory roles in the proposed £100m rights issue by retail chain JJB Sports.
JJB called on regular adviser Herbert...
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Sep 21 2009
Ashurst has expanded its London energy and projects practice with the hire of Antony Skinner as a partner.
Skinner joins from Linklaters, where he specialised in...
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Aug 26 2009
Ashurst's head of restructuring Nick Angel is set to leave the firm to join US player Milbank Tweed Hadley & McCloy in London, reports legalweek.
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Aug 26 2009
Indian law firms feel the benefits of a privatization push by the Indian national government on the back of rebounding capital markets.
India’s second-largest firm...
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Aug 12 2009
UK law firm Ashurst has added restructuring partner Dan Hamilton from White & Case to its London office.
Hamilton focuses on corporate and financial restructuring...
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Aug 12 2009
Ashurst has appointed partners Franco Vigliano and Mark Sperotto as new Milan heads after a a four partner walk out in the firm's Milan office.
Ashurst’s Milan...
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Aug 06 2009
Lovells’ retention rate for trainee solicitors qualifying in autumn has decreased to 69 per cent, placing the firm UK in line with other City firms like Freshfields...
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Jul 18 2009
After a Bombay High Court ruling in 1995, foreign law firms were barred from practicing in India. Under the newly enacted Limited Liability Partnership Act 2008,...
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Jul 09 2009
Ashurst's profit per equity (PEP) dropped 35 per in the 2008-09 financial year from £1.04m to £673,000, reports The Lawyer.
Ashurst’s turnover fell by 7 per cent...
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May 15 2009
In its first lateral partner hire in London this year, Ashurst has picked up highly-rated construction partner Ann Minogue from Linklaters.
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Apr 22 2009
UK firm Ashurst has stated that 10 lawyers were newly elected to the partnership. Five of the new partners are from the firm's London office and two are from Milan....
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Mar 12 2009
UK firms join Freshfields Bruckhaus Deringer and Allen & Overy in freezing salaries in a bid to avoid further job cuts.
Rates for newly-qualified lawyers at Ahsurst...
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Feb 24 2009
City law firm Ashurst is in talks with a 10-partner structured finance team from long-time US securitisation ally McKee Nelson.
The move could give Ashurst...
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Jan 21 2009
Ashurst is slashing ten lawyers from equity partnership. The Lawyer reports that seven London equity partners and three overseas equity partners have lost their jobs.
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Dec 01 2008
Ashurst has redeployed three corporate and three finance junior associates to its energy, transport and infrastructure team as the transactional side of its business...
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Nov 05 2008
Ashurst has posted a 7.5% increase in turnover for the first six months of the financial year, with revenues rising to £158m from £147m in the same period last year,...
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Oct 30 2008
At least six City firms have applied for new liberalised licences to practise local law in Singapore, including DLA Piper, Ashurst, Herbert Smith and Norton Rose....
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Oct 13 2008
City law firms reported unprecedented levels of activity in the last two weeks of September as financial institutions called on their legal advisers...
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Sep 29 2008
Herbert Smith, Slaughter and May and Ashurst have all landed top roles on the £40bn nationalisation of Bradford & Bingley (B&B)...
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Sep 25 2008
The impact of the credit crunch finally hit Russian law firms. Capital markets practices are taking the biggest hit after the Russian Government was last week forced...
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Sep 23 2008
Charlie Geffen has been elected as Ashurst’s new senior partner with effect from the end of the year. Geffen beat litigation partner Ed Sparrow.
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Aug 27 2008
Ashurst and Linklaters have landed lead roles on the proposed £1.4bn takeover of Russian oil exploration giant Imperial Energy.
The deal sees Linklaters score a...
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Aug 22 2008
Ashurst has bolstered its Islamic finance practice with the hire of Dechert's London-based Islamic finance head Abradat Kamalpour.
Kamalpour is set to join...
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Aug 19 2008
Global law majors, White & Case, Ropes & Gray, Ashurst Morris Crisp and Wilson Sonsini Goodrich & Rosati, are scouting for tie-ups with domestic law firms as a first...
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Aug 05 2008
Ashurst is to launch its first-ever office in China and has picked current senior partner Geoffrey Green to spearhead the initiative. The silver circle firm is...
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Jul 28 2008
Ashurst has added to its London energy, transport and infrastructure team with the hire of Jason Radford, a partner from City rival Lovells.
Jason Radford advises...
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Jul 04 2008
Allen & Overy's figures show a 15% rise in turnover to £1.016 billion.
RollOnFriday has published a detailed list of law firms which have posted double digit...
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Jun 05 2008
Dhana Doobay, director of the international telecommunications projects at Clifford Chance, is set to leave the firm and join Ashurst as a partner.
With the...
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May 22 2008
Ashurst’s Frankfurt office has hired White & Case local acquisition finance partner Anne Force. She will start at Ashurst as a partner and is qualified in German,...
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May 15 2008
Ashurst, Hammonds and Linklaters have lined up to fight the £1bn takeover battle for kitchen equipment maker Enodis. The London-listed company, advised by Ashurst and...
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May 12 2008
Ashurst has posted a 17% increase in turnover to smash through the £300m barrier, joining top 10 City rival Simmons & Simmons in announcing a double-digit increase in...
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May 05 2008
The Indian Advocates Act of 1961 prevents foreign firms from doing business in the country. The wall went up in the 1990s when Ashurst, a British firm, along with...
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May 02 2008
Legalweek reports that DLA Piper, Lovells, Ashurst, Herbert Smith and Norton Rose are planning to apply for licences to provide local-law advice in Singapore.
The...
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Apr 20 2008
DLA Piper is to formally launch in Abu Dhabi later this month, with projects and finance partner Stephen Webb -- currently based at the firm's Dubai office --...
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Apr 16 2008
Ashurst, Linklaters and US firm Foley & Lardner have picked up the main roles on the $2.1bn purchase of UK food and drink equipment company Enodis by US outfit The...
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Apr 02 2008
Ashurst’s promotions round sees corporate continue to be the most promoted practice despite the market downturn, with the group bagging six partners in this year’s...
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Mar 09 2008
US firm Paul Hastings Janofsky & Walker has boosted its Paris projects team with a four-lawyer raid on Ashurst.
Paul Hastings has made Ashurst senior lawyers Pascal...
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Feb 29 2008
New Delhi: The case challenging the entry of foreign law firms into the country is a step closer to resolution with the Mumbai High Court poised to begin hearing final...
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Jan 27 2008
Ashurst Germany has enticed a corporate counsel away from Hengeler Mueller, Slaughter & May’s German best friend. Claudia Junker will join Ashurst’s equity partnership...
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Jan 17 2008
Trainee retention rates across the UK’s elite legal profession have remained steadfast, with many firms keeping hold of more than 90% of their intake despite a sharp...
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Jan 03 2008
Ashurst and Freshfields Bruckhaus Deringer are advising Guardian Media Group and private equity house Apax on their £1bn takeover of the business-to business arm of...
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