Law News
Law news found and posted by the lawyrs community.
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May 02 2012
Norton Rose Group is looking for mergers in the US and China, according to Chief Executive Officer Peter Martyr. Norton Rose now has a headcount of 2,900 lawyers,...
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May 01 2012
Fourteen law firm mergers were announced in the US in the first three months of this year, according to a new report from legal consulting firm Altman Weil.
“Firms...
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Apr 24 2012
Here is a very good article that addresses the question of why large law firms fail. The article points out that a dozen firms that have folded over the past ten...
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Mar 30 2012
New Zealand law firms are unlikely to follow the lead of their neighbour Australia when it comes to forming alliances with large British or American law firms,...
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Mar 28 2012
The legal industry has changed considerably since the global financial crisis in 2008. And while much attention has been given to the mergers between mid-sized firms,...
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Mar 14 2012
Fee income is growing in the UK, with the firms ranked 26-50 seeing the biggest income growth, at around 10 per cent.
The figures come from a quarterly survey by...
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Mar 06 2012
International law firms have demonstrated considerable interest in the Australian legal market in recent months, with most of Australia’s largest law firms merging or...
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Jan 15 2012
There were 60 mergers between US law firms last year – an increase of 53 per cent – according to a new report by legal consulting firm Altman Weil. The growth in...
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Nov 15 2011
Australian law firm Truman Hoyle has announced an alliance with competition law firm Vogel & Vogel, which offices in Paris, Brussels and Frankfurt.
The link between...
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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 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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Aug 25 2011
There may be more mergers between large law firms in the pipeline, according to Mark Wood – a restructuring partner from the Nottingham office of law firm Eversheds....
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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 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 07 2011
The US governement’s top competition regulator Christine Varney is stepping down from her role at the Justice Department to become a partner at the New York law firm...
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May 30 2011
The number of partner promotions in the UK’s 50 largest firms rose by 38 per cent this year, according to a report in Legal Week.
The 2011 promotions round saw 495...
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Mar 26 2011
Interesting article here from ft.com, which notes that the merger between UK firm Hammonds with US firm Squire Sanders & Dempsey may represent a model for the survival...
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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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Jan 07 2011
UK managing partners expect further consolidation in the legal market in the coming year, according to a survey conducted for professional network firm Winmark.
The...
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Jan 02 2011
Two recent mergers have highlighted changing currents in the legal services industry. Thomson Reuters' purchase of legal-process outsourcing firm Pangea3 and Axiom...
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Dec 24 2010
Law firm managers may be feeling a sense of relief as the legal services market shows signs of recovery. But the changes wrought upon the industry are significant and...
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Dec 02 2010
A series of high profile transatlantic mergers between law firms that are ‘in less-than-brilliant shape’ has prompted commentators to question the future of the BigLaw...
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Nov 04 2010
An annual survey of the legal services market by PricewaterhouseCoopers has shown a widening gap between London’s biggest law firms and the mid-tier firms....
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Sep 08 2010
The announcement last week that UK firms Hammonds merge with a US firm Squire Sanders & Dempsey is just the latest in a string of transatlantic tie-ups. This article...
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Jan 08 2010
Linklaters defended its position as the top legal adviser on European mergers and acquisitions in 2009 with 160 deals worth a combined $155 billion.
Freshfields...
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Jan 08 2010
Skadden, Arps, Slate, Meagher & Flom overtook its UK competitor Linklaters LLP to advise on the highest value of mergers and acquisitions in 2009 according to...
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Jan 07 2010
Law firm mergers in the U.S. fell 24 percent in 2009 from the previous year but may rise in 2010, law firm consultants Altman Weil say in a report.
The largest...
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Aug 26 2009
Beijing-based law firms Commerce & Finance and Deheng took the top two spots of the Asia-Pacific M&A league table by value in the first half of 2009 --- the first time...
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May 15 2009
David Fox and Daniel Wolf, two top mergers and acquisitions partners at Skadden, Arps, Slate, Meagher & Flom, are joining Kirkland & Ellis. This is the first time any...
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Mar 19 2009
Beijing's decision to block Coca-Cola's $2.4bn takeover of China's leading juice maker Huiyuan Juice has caused a wave of domestic support.
In a poll by a Chinese...
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Feb 17 2009
Clifford Chance has advised Aluminum Corporation of China ("Chinalco") on its US$19.5 billion strategic partnership with the Rio Tinto group, the largest outbound...
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Feb 09 2009
Skadden Arps, White & Case, Shearman & Sterling and other major U.S. law firms have seen a massive growth in their Latin American M&A business.
Skadden has doubled...
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Feb 02 2009
UK firm Linklaters has taken the top spot in a global mergers and acquisitions (M&A) league table for 2008, beating US rival Sullivan & Cromwell, which has held the...
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Feb 01 2009
In the first quarter of 2009, law firm merger activity has gained pace in the US. About 20 mergers nationwide are expected to close.
Southern law firms recently...
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Jan 27 2009
Cadwalader Wickersham & Taft, Simpson Thacher, and Wachtell, Lipton, Rosen & Katz have won lead roles on US drug manufacturer Pfizer's $68bn acquisition of rival...
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Jan 19 2009
Just a few years ago, Chinese companies had been the top acquisition targets of foreign investors. Now, many of them are buyers and on an overseas shopping spree....
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Jan 15 2009
There were 70 new law firm mergers and acquisitions in 2008, according to a new report from the legal management consulting firm Altman Weil Inc.
While the pace of...
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Jan 09 2009
German independent Oppenhoff & Partner has continued to develop its international profile by instructing NYSE-listed business Johnson Controls on its purchase of...
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Jan 03 2009
Bonelli Erede Pappalardo (BEP), Pavesi Gitti Verzoni and d’Urso Gatti have completed the largest Italian M&A deal in 2008.
BEP partners Roberto Pistorelli and...
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Jan 02 2009
Linklaters was hired to advise on four of the 10 biggest mergers and acquisitions in 2008, leading the M&A league table published by Bloomberg today. In the smallest...
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Dec 23 2008
Clifford Chance is in tie-up talks with Indian firm AZB & Partners. The union with the Mumbai-based law firm would involve client referrals, consultation, and joint...
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Oct 08 2008
The two largest third-quarter firm combinations involved large firms expanding into new geographic regions.
Orrick Herrington and Sutcliffe, a 1,100-lawyer firm in...
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Sep 26 2008
Linklaters and Cleary Gottlieb Hamilton & Steen have scored the mandates to represent Merrill Lynch and Bank of America respectively, advising them on all non-US...
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Sep 10 2008
With a total US$35.1bn worth of deals, Allens Arthur Robinson has topped the Thomson Reuters legal advisory table for work in M&A transactions for the first eight...
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Aug 12 2008
The global economic slowdown has resulted in only a minor drop in M&A transactions in the Australian market, according to M&A co-practice leader Ewen Crouch at law...
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Jul 25 2008
Global law firms are scrambling to strengthen their pan-Asian competition practices. Law firms expect a sharp rise in requests from multi-national corporations eager...
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Jul 11 2008
Hildebrandt International says in its Q2 merger report that law firm merger activity continued at a steady pace with a total of 14 completed law firm mergers and...
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Jul 09 2008
Despite a troubled economy, many law firms are continuing to pursue a "growth strategy," new M&A data reveals.
The number of law firm mergers is up so far this...
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Jul 03 2008
Top City and national firms are fast building market share in corporate in response to the current downturn in deal activity. Deal volumes are rising at many large law...
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Jun 19 2008
Global law firm White & Case LLP today announced the arrival of partner Michael S. Shenberg in its Mergers and Acquisitions Practice in New York. A recognized leader...
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Jun 18 2008
The UK legal market is set for a radical shakeup with over 100 law firms expected to attempt a merger or acquisition in the next 12 months, experts predict.
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May 02 2008
The American Lawyer reported today that two law firms, Skadden, Arps and Latham & Watkins, broke the industry’s $2 billion gross revenue barrier for the first time. It...
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Apr 19 2008
As the credit crisis drove first-quarter U.S. mergers and acquisitions down 54 percent to $248.1 billion from $536.3 billion last year, deal volume in Asia, Latin...
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Apr 14 2008
After billionaires and billion- dollar firms, it is the turn of an Indian law firm to reap accolades on international arena with Khaitan and Co being ranked as Asia's...
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Apr 06 2008
Data released Thursday shows that U.K. and U.S. firms touched a third fewer M&A deals in the first quarter of 2008 than a year earlier.
At several top firms M&A...
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Apr 06 2008
There were 17 law firm mergers and acquisitions reported in the U.S. in the first quarter of 2008, according to the legal management consultancy Altman Weil Inc....
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Apr 04 2008
Lovells jumped 38 places to storm into the top three firms by value for UK M&A deals in the first quarter. The rankings show Linklaters as the firm advising on the...
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Feb 21 2008
DLA Piper is delighted to announce that leading IT lawyer Dr Jan Geert Meents will join its Technology, Media and Commercial ("TMC") practice as a partner in Munich....
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Jan 23 2008
Merger and lateral activity among US law firms slowed slightly in 2007 but despite the darkening financial horizon, many in the industry expect the attorney shuffle to...
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Jan 09 2008
Among her 300 million citizens, America finds room for 2.2 million prisoners, half a million soldiers — and 1.1 million lawyers, increasing numbers of whom find their...
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Dec 31 2007
Sullivan & Cromwell, hired to advise on six of the 10 biggest deals this year, led all law firms in mergers and acquisitions for the fourth year in a row. New...
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Dec 27 2007
Freshfields Bruckhaus Deringer LLP was the top-ranked legal adviser on European mergers in 2007 with lawyers expecting the brisk pace of mid-sized corporate...
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Nov 12 2007
Foreign investment, which has played a significant role in sustaining the rapid growth of the Chinese economy, has acquired a new form, that of mergers and...
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