Law News
Law news found and posted by the lawyrs community.
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May 17 2012
Clifford Chance is attempting to change its own rules regarding the removal of underperforming partners. Under the current system, an under-performing partner will be...
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May 07 2012
Freshfields Bruckhaus Deringer has bolstered its ranks of counsel with the hire of corporate specialist Ethan Jin from the Hong Kong office of Clifford Chance and the...
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Apr 26 2012
More foreign firms will be granted entry into the Singapore legal services market with a second round of licences to be granted in 2012. The first round of approvals...
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Apr 26 2012
Clifford Chance and DLA Piper have taken leading roles on Pfizer's $11.9 billion cash sale of its baby food business to Nestle.
Nestle is advised by US law firm...
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Mar 26 2012
Clifford Chance has announced that 13 London associates from the capital markets and finance practices face redundancy. The firm is in consultation with the 13...
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Mar 23 2012
The annual survey of leading brands by Superbrands has been released, with Linklaters leading the board among law firms at 175th place, dethroning Clifford Chance...
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Mar 16 2012
Covington & Burling announced this week that it plans to launch a new base in Seoul, South Korea.
Other international firms that have announced their intention to...
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Mar 14 2012
Clifford Chance has announced the formation of a US Financial Services Regulatory Group, calling on the talents of eight partners from three practice groups. The group...
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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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Mar 01 2012
Clifford Chance has elected two new partners to its partnership council, elevating Italy banking head Giuseppe De Palma and Dubai banking partner Robin Abraham to...
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Dec 08 2011
Clifford Chance is exploring an alliance with Chinese firm Broad & Bright. Broad & Bright has 20 partners, 40 associates, and is one of China’s fastest growing firms,...
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Oct 28 2011
Pillsbury Winthrop Shaw Pittman is set to open its first Middle Eastern office in Abu Dhabi, with plans to expand services offered to existing clients and take...
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Oct 19 2011
Quinn Emanuel Urquhart & Sullivan is set to launch a new office in Moscow with the hire of two senior litigation partners from Dechert. Ivan Marisin and Vasily...
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Oct 17 2011
Interesting article here about the effect of international expansion on law firm balance sheets. The article points out that of the five elite London firms belonging...
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Oct 14 2011
Clifford Chance has boosted its New York white collar, regulatory enforcement, and government investigations practice group with the hire of partners David Raskin,...
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Sep 14 2011
Twenty-three UK and Irish law firms have signed up to a new diversity initiative aimed at improving social diversity within the legal profession. The programme will...
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Aug 30 2011
Clifford Chance has relocated Hong Kong partner Andrew Whan to its Tokyo office to replace outgoing local head of corporate/M&A Alan Kitchin.
Kitchen has left the...
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Aug 15 2011
The top end of the pay scale in the legal profession is making a recovery, according to a survey conducted by The Lawyer to assess how many equity partners are seeing...
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Aug 15 2011
Clifford Chance has announced the relocation of high yield specialist partner Tony Lopez from New York to London. Lopez will be the fifth partner with expertise in...
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Aug 10 2011
Two UK magic circle firms are focusing their attention upon Washington DC, with Allen & Overy announcing that it is set to launch a new office in the US capital, while...
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Aug 09 2011
UK traineee retention figures are all over the map, with some firms offering places to their entire trainee group while others announce that their trainees will be...
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Aug 08 2011
Norton Rose is set to lose four partners from its Middle East practice to other firms.
Regional managing partner Campbell Steedman, a corporate lawyer based in...
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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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Jul 29 2011
Norton Rose is the third British firm to announce the launch of a Moroccan office in the past two weeks, following Allen & Overy and Clifford Chance. The Casablanca...
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Jul 20 2011
Bristol-based firm Burges Salmon has boosted its litigation practice with the hire of former Clifford Chance partner Kari McCormick, who specializes in insurance work....
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Jul 13 2011
Top London firms have reported a good year, with revenues and profits on the up.
Allen & Overy posted a 7 per cent increase in revenue to £1.12bn, and an 8.3% hike...
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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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Jun 29 2011
Clifford Chance has taken a leading role on the acquisition of a 35% stake in UAE-based mobile handset retailer and distributor Axiom Limited by Qatar-based Mannai...
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Jun 16 2011
The London office of Weil Gotshal & Manges has scooped up a four-partner team Clifford Chance. The departure of funds partners Ed Gander, Nigel Clark and Nick Benson...
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Jun 14 2011
Clifford Chance has announced marginal salary increases for most lawyers. Pay for newly qualified lawyers will remain at £61,500 , while pay for those with one year of...
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Jun 08 2011
Amarchand & Mangaldas has been chosen as the ‘Indian Deal Firm of the Year’ for 2011 at ALB SE Asia 2011 Law Awards.
Amarchand & Mangaldas took the award for ‘Debt...
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May 31 2011
Weil Gotshal & Manges has boosted its banking practice with the hire of banking partner Stephen Lucas from Linklaters’ London office.
Lucas is qualified in both...
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May 23 2011
Rumour has it that Herbert Smith is considering a move to Australia, following the path laid down by Norton Rose, Clifford Chance and Allen & Overy.
It is not yet...
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May 17 2011
US firm K&L Gates has given big boost to its Tokyo office, raiding Clifford Chance for ten lawyers. The team of three partners, four counsels and three associates...
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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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May 09 2011
Cleary Gottlieb Steen & Hamilton has scored a major coup with the hire of Clifford Chance US litigation chief Juan Morillo. Morillo leaves his position at Clifford...
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May 04 2011
Clifford Chance has announced the results of its 2011 partnership promotions round, elevating 23 lawyers to the partnership.
The promotions reflect a strategic...
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Apr 25 2011
Clifford Chance has taken a leading role on Vedanta Resources’ $1.5 billion stock purchase of Cairn Energy’s India business. Under the deal, Vedanta will buy a 10.4...
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Apr 01 2011
Financial services giant Citigroup Inc. has appointed former Clifford Chance senior partner Stuart Popham as vice-chair of banking for Europe, the Middle East, and...
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Feb 21 2011
Slaughter and May is among the most profitable law firms in London, paying its 126 partners an average of £1.84m for their efforts despite posting sales at £439.5m,...
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Feb 17 2011
Clifford Chance, the UK’s highest-grossing law firm last year, has announced a merger with two Australian firms.
Clifford Chance will join with Sydney firm Chang,...
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Feb 11 2011
Cadila Healthcare Limited (a part of the Zydus group) has entered into an equal joint venture with Bayer HealthCare (a unit of Bayer AG) to form Bayer Zydus Pharma...
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Feb 09 2011
Indian firm AZB & Partners has hired 26 new lawyers, including fresh graduates, in an effort to bolster its ranks. In the past six months the firm lost key alliances...
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Feb 07 2011
A former Clifford Chance secretary has been convicted of fraud for stealing over £23,000 from the firm. Judie Groom was the secretary to two construction partners at...
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Jan 25 2011
Clifford Chance is set to launch an office in Qatar on the receipt of licence approval. The new base will be headed finance partner Richard Parris and counsel Greg...
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Jan 22 2011
The alliance between Clifford Chance and India's AZB & Partners has been brought to an end. The "best friends" referral agreement was commenced just two years ago,...
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Jan 04 2011
Clifford Chance is maneuvering for entry into the Australian market, matching the strategy rival firm Allen & Overy, which has opened offices in Perth and Sydney. The...
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Dec 24 2010
London-based firm Clifford Chance has announced that its US associates will receive bonuses of between $7,500 and $35,000 at the beginning of 2011. The bonus package...
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Dec 22 2010
Large law firms ever keen to establish that they are hiring an ethnically diverse range of lawyers, and Freshfields Bruckhaus Deringer is no exception: the firm has...
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Dec 16 2010
JSL Stainless Limited has announced that in accordance with the approved restructured terms with the Foreign Currency Convertible Bond (FCCB) holders, the Company has...
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Dec 14 2010
London-based law firm Clifford Chance has hired former Bank of America Corp investment banker Robert F. Masella as a mergers and acquisitions partner in New York....
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Dec 13 2010
Clifford Chance has held talks with a number of Australian firms in both Sydney and perth as it intensifies its search for a suitable merger partner. Reports have...
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Nov 26 2010
UK firm Clifford Chance has announced that Geraint Hughes is to become the firm’s practice head for India, a market that is closed to foreign law firms. Hughes will...
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Nov 25 2010
Clifford Chance is set to launch in Istanbul next year. The office will be headed up by London-based partner Simon Williams, and will operate in cooperation with local...
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Nov 22 2010
The Evening Standard has launched a new initiative called the London Living Wage Scheme, which encourages firms and companies to guarantee staff a minimum rate of pay...
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Nov 05 2010
A former associate from the New York office of Clifford Chance is suing the firm, claiming she was discriminated against when she was laid off in 2007.
Karen...
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Nov 04 2010
The UK’s highest grossing law firm, Clifford Chance, has elected a new Senior Partner. Malcolm Sweeting is a London-based partner, specialising in structured finance...
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Nov 01 2010
Women graduates make up about 60% of the trainee intake at large London law firms, and have accounted for over half of the intake at these firms for over a decade....
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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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Oct 22 2010
Clifford Chance has appointed new leadership of its global competition group, with Oliver Bretz to become managing partner of the global practice while Thomas Vinje...
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Oct 13 2010
Clifford Chance has reported that profit per equity partner shot up to £933,000 last year – an increase of 25 per cent on the previous year, when profit per equity...
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Oct 05 2010
Mayer Brown has concluded an agreement with outsourcing company TMF for the sale of its UK corporate secretarial arm. Under the deal, five secretaries from the firm’s...
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Oct 04 2010
American Lawyer has published its “Global 100”, ranking the largest law firms by revenue. And this year, Baker & McKenzie have taken out the number 1 spot.
Baker &...
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Sep 27 2010
The future of foreign law firms in Brazil’s growing market is under question after the Sao Paulo Bar Association published an advisory decision – finding that the...
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Sep 14 2010
Herbert Smith and its associated Indonesian law firm Hiswara Bunjamin & Tandjung are advising Banpu - Thailand’s biggest coalminer - on the second largest block trade...
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Sep 10 2010
Clifford Chance has hired the head of capital markets from its former joint-venture firm in Singapore - WongPartnership.
Raymond Tong has worked closely with...
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Sep 09 2010
Morrison & Foerster has bolstered the London finance department with the hire of Mayer Brown structured finance and capital markets partner Elana Hahn.
Hahn has...
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Aug 24 2010
Clifford Chance has elected Spanish practice chief Alfonso Benavides to the position of global real estate head. Benavides will succeed Cliff McAuley, who has led the...
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Aug 13 2010
Linklaters and Clifford Chance have taken leading roles in the deal for the acquisition of a 70 per cent stake in British company International Power PLC by...
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Aug 12 2010
Linklaters has retained 87 per cent of its newly qualified solicitors, with 63 of the 69 qualifiers offered a place with the firm, and 60 accepting the offered roles....
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Aug 05 2010
The Foreign Law Firms case was listed before the Madras High Court today and after being delayed for several weeks the matter was taken up in Court Hall 2 of the...
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Jul 29 2010
The Bangalore based real estate company, Embassy Property Developers Ltd. (Embassy) had filed for a Draft Red Herring Prospectus (DRHP) with the Securities and...
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Jul 27 2010
The Bangalore based real estate company, Embassy Property Developers Ltd. (Embassy) had filed for a Draft Red Herring Prospectus (DRHP) with the Securities and...
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Jul 21 2010
US firm Simpson Thacher & Bartlett is set to launch its UK funds practice after the hire of Jason Glover in the London office. Glover was formerly a partner and head...
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Jul 19 2010
In a landmark ruling, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) held that Linklaters, a UK law firm delivering services to clients in India is...
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Jul 16 2010
Indraneel Basu Majumdar is moving back to re-join Luthra & Luthra as a Managing Associate from Clifford Chance in London.
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Jul 15 2010
Bird & Bird is the fastest-growing UK top 50 law firm, according to the reported figures over the past five years. Revenues have rocketed upwards despite a tough...
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Jul 08 2010
Freshfields Bruckhaus Deringer has posted an 11 per cent drop in revenue for the 2009-10 financial year, bringing in £1.14 billion. The average profit per equity...
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Jul 07 2010
Clifford Chance has announced a 27 per cent jump in profits for equity partners, who took home an average of £733,000 in the 2009-10 financial year. Meanwhile, the...
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Jun 28 2010
Clifford Chance and Freshfields Bruckhaus Deringer have both appointed new leaders for their German practices.
Freshfields has elected Klaus-Stefan Hohenstatt as...
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Jun 15 2010
Jeremy Sandelson, the global head of litigation at Clifford Chance, has been voted in as leader of the firm's London litigation group, a role he will take on alongside...
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Jun 14 2010
Skadden Arps Slate Meagher & Flom has secured the hire of Simon Baxter – formerly the global head of the European competition and regulation group at Clifford Chance....
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Jun 07 2010
Herbert Smith has made a review of salaries, and has announced significant changes to the remuneration of its fee earners from June next year.
There are firm-wide...
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Jun 04 2010
Clifford Chance advised The John Buck Company on the sale of the Sony Center at Potsdamer Platz in Berlin to the National Pension Service of Korea (NPS).
The...
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May 19 2010
Sudipta Routh, Senior Associate at Clifford Chance has joined the partnership at the Mumbai office of Luthra & Luthra.
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May 14 2010
Clifford Chance has announced the hire of Rick Antonoff - a restructuring partner from Pillsbury Winthrop Shaw Pittman. Antonoff, who specializes in insolvency,...
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May 13 2010
Citi India today appointed dual-qualified Sandip Beri and former Clifford Chance senior associate, Munish Nagpal as Legal Heads of Citi India and Citigroup Global...
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May 07 2010
Freshfields Bruckhaus Deringer has announced a payrise in its lockstep pay bands, effective 1 May.
The changes ncrease the firm's newly-qualified rate by £1,000...
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May 07 2010
Beijing’s King & Wood has scooped up top talent Rupert Li, formerly a capital markets partner at Clifford Chance, and has appointed him as the firm’s international...
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Apr 29 2010
Clifford Chance has lured veteran Macfarlanes partner Tim Lewis to join their global corporate practice. Lewis joined Macfarlanes’ M&A group in 1985, and was promoted...
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Apr 16 2010
Methinks Clifford Chance senses impending market recovery: they have reopened the recruitment process for the 2011 trainee intake.
The firm sent an email to...
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Apr 12 2010
Clifford Chance has announced plans to overhaul its bonus system, moving even further away from the billable hour as the key determinant of associate bonuses....
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Apr 07 2010
Clifford Chance has taken the step to unfreeze associate salaries, following similar raises in other magic circle firms. After a freeze in 2009-2010 which kept...
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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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Mar 26 2010
A group of Indian lawyers have made moves to oust foreign legal firms from the Indian legal services market. Foreign firms are prohibited form having offices in India...
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Mar 26 2010
Clifford Chance offered an ex-associate $350,000 to settle a discrimination claim. The plaintiff, Caroline Memnon, had accused the firm of racially discriminating...
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Mar 22 2010
A writ petition has been filed before the Madras HC by the Association of Indian Lawyers which not only deals with the entry of foreign law firms, but also raises...
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Mar 16 2010
Top UK law firms have increased borrowing by 40 per cent in response to the financial crisis, according to an article published in Times Online today.
The legal...
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Mar 12 2010
Salans has raided three corporate lawyers from Clifford Chance in a bid to bolster its Warsaw office. Partner Piotr Dulewicz, counsel Michał Karwacki and associate...
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Mar 08 2010
Linklaters is set to launch a new structured finance practice in Amsterdam after hiring a Kees Westermann to head up the practice.
Kees Westermann has been a...
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