Law News
Law news found and posted by the lawyrs community.
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Apr 17 2012
German corporate and competition boutique Glade Michel Wirtz has made a couple of high profile lateral hires, bringing two partners across from US firm Shearman &...
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Feb 08 2012
Skadden, Arps, Slate, Meagher & Flom is set to launch a capital markets practice in Germany after the hire a two-partner team from Shearman & Sterling. Shearman's...
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Jan 30 2012
The debate continues about whether it is permissible under Indian regulations for foreign lawyers to fly in to the country to advise clients on international and...
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Dec 14 2011
US firm Shearman & Sterling has promoted nine lawyers to the global partnership in its annual promotions round.
The details of the promotions are as follows:...
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Nov 02 2011
Employment in New York law firms has grown by 1.6 per cent from 2010 figures, according to Crain’s latest ranking of the city’s top 25 law fimrs. Seventeen of the top...
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Nov 01 2011
Numerous major law firms have begun to offer a benefit for employees that enroll their same-sex partner in the firm’s health care plan. The benefit aims to offset...
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Oct 05 2011
Orrick, Herrington & Sutcliffe has hired five bank finance and high-yield partners for its New York office.
The new partners are Ronan M. Wicks and Patrick J....
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Sep 28 2011
Wilson Sonsini Goodrich & Rosati has announced the launch of a new office in Brussels, which is set to open in October. The office will be led by Michael Rosenthal,...
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Sep 12 2011
Paul, Weiss, Rifkind, Wharton & Garrison has hired top talent Udi Grofman from hedge fund law firm Schulte, Roth & Zabel.
Grofman’s practice focuses on investment...
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Sep 12 2011
Macfarlanes bolstered its real estate practice with the hire of Senior Partner Ian Nisse US firm Shearman & Sterling. Nisse leaves his role as co-head of the real...
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Aug 31 2011
Linklaters has boosted its Paris capital markets team with the hire of a partner and three associates from Gide Loyrette Nouel.
Patrice Doat was a partner at Gide...
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Aug 18 2011
The recruitment drive for associates for the class of 2013 has begun in earnest, with recruiting partners coming on campus to assess the current crop for coveted...
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May 26 2011
Shearman & Sterling has announced a pay rise for UK qualified associates, increasing salaries by as much as 15 per cent within its three-tier merit-based system....
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Mar 03 2011
A 25 member construction litigation team from Howrey is set to join Pillsbury Winthrop Shaw Pittman in its Los Angeles, San Francisco, Washington, DC and New York...
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Mar 02 2011
Shearman & Sterling has had a tough year, seeing revenue drop by 8 per cent from $801m in 2009 to $737m in 2010, while profits per equity partner fell from $1.74m to...
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Feb 24 2011
A 17-lawyer antitrust group from the Brussels office of Howrey is departing for Shearman & Sterling.
The group is led by five partners, including the current and...
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Feb 24 2011
Shearman & Sterling has announced that it will be paying spring bonuses in New York, following the scale set by Cravath Swaine & Moore for the spring payment.
As...
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Nov 01 2010
A new marketing officer at Hogan Lovells is rumoured to be taking home a salary of close to $1 million a year.
Jolene Overbeck has worked with a number of US law...
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Oct 18 2010
Hogan Lovells has recruited star marketing professional Jolene Overbeck from DLA Piper, and appointed her as chief marketing officer for the firm.
Overbeck has a...
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Sep 07 2010
Cleary Gottlieb Steen & Hamilton is advising Brazilian oil and gas giant Petrobras on a massive $75 billion share sale, which will finance the development of offshore...
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Aug 12 2010
Shearman & Sterling has boosted its practice in China with the hire of Suang Zhao to its Hong Kong office. Zhao will join the Greater China corporate team led by Asia...
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Aug 05 2010
Dechert has boosted its financial services practice group in New York with the hire of M. Holland West, a former head of Shearman & Sterling's derivatives and...
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Aug 05 2010
Indian online travel company MakeMyTrip Limited (MMT) has filed its offer documents with the US stock markets regulator, Securities and Exchange Commission (SEC) to...
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Aug 03 2010
Above the Law lists five law firms that have made 100 percent offer rates:
Ropes & Gray, extending offers to all 82 of its summer associates in all of its...
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Jul 12 2010
Making partner is not the main goal for most UK associates, according to a new survey. Legal Week Intelligence's 2010 Employee Satisfaction Report reveals that only 38...
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May 14 2010
Jones Day and Shearman & Sterling have landed leading roles on the $5.8 acquisition of American database software maker Sybase by German software giant SAP.
Jones...
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Apr 21 2010
New York law firm Milbank Tweed Hadley & McCloy is set to open a new office in Sao Paulo, Brazil, pending approval by local authorities. A number of US firms have...
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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 19 2010
The trend toward merit-based pay systems in major law firms continues, with Simmons & Simmons, Shearman & Sterling and Stephenson Harwood being the latest to announce...
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Mar 15 2010
2009 was a tough year for many law firms, but Davis Polk & Wardwell has bucked the trend, reporting a 10% increase in profits per equity partner (from US$1.9M in 2008...
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Feb 26 2010
Northgate Capital, a leading global private equity and venture capital firm managing $3 billion worth investments, was acquired by the Malvinder Singh family...
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Feb 21 2010
Canada's Barrick Gold Corporation, the world's largest producer of gold, will spin off its African division into a separate public company. The new company, African...
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Feb 16 2010
Shearman & Sterling reports an increase in profits per equity partner (PPP) of 4.2 percent to $1.735 million in 2009, while revenue declined 8.6 percent to $801...
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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 08 2010
Only 19 percent of partners at American law firms with more than 100 lawyers are women, despite the fact that women have comprised more than 50 percent of law school...
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Oct 24 2009
Shearman & Sterling is set to open its second office in Italy with the addition of a presence in Milan to its existing Rome base.
Shearman is setting up the new...
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Oct 08 2009
Shearman & Sterling's partners Andrew Jánszky, Robert Evans and Robert Ellison have advised the underwriters on Brazil’s biggest IPO to date - the $8bn listing of...
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Oct 07 2009
Shearman & Sterling has advised Societé Generale on a €4.8bn cash call that will enable the bank to repay to the French Government financial aid it received during the...
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Sep 23 2009
Shearman & Sterling has relocated a four-lawyer team from Düsseldorf -- partner Hans Meyer-Lindemann and three associates -- to Brussels in a bid to rebuild its...
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Sep 22 2009
Allen & Overy corporate heavyweight Rolf Koerfer, who had been serving as chairman of German car parts company Continental recently, has left the firm to become a...
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Sep 17 2009
Shearman & Sterling and Baker & McKenzie took lead roles in the acquisition of a majority stake in the bankrupt Kentucky Fried Chicken supplier Pilgrim's Pride by...
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Sep 16 2009
Two of the most prominent US law firms are facing scrutiny after U.S. District Judge Jed S. Rakoff rejected the Securities and Exchange Commission's (SEC) proposed...
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Aug 28 2009
Shearman & Sterling has been hit by the defection of two Brussels antitrust partners, Annette Schild and Silvio Cappellari, to US rival Arnold & Porter.
After the...
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Aug 26 2009
The US Securities and Exchange Commission (SEC) is blaming lawyers from Wachtell, Lipton, Rosen & Katz and Shearman & Sterling for Bank of America’s failure to...
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Jul 31 2009
The proposed acquisition of the Hummer brand from GM by Chinese company Sichuan Tengzhong is still unapproved.
Shearman & Sterling, which is acting as international...
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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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Jun 04 2009
Shearman & Sterling is advising Chinese industrial manufacturer Sichuan Tengzhong Heavy Industrial Machinery (Tengzhong) on its $250m acquisition of General Motors’...
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Jun 03 2009
Shearman & Sterling and Bredin Prat have taken lead roles on French dairy and water company Danone’s €3bn rights issue.
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Jun 03 2009
US firm Shearman & Sterling is to retain just 64 per cent of its London trainees who are due to qualify in September, reports The Lawyer.
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May 30 2009
The collapse of automotive giant General Motors has handed roles to at least 15 law firms so far in one of the largest restructurings to date.
Clifford Chance (CC)...
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May 28 2009
Magna and Fiat are bidding for General Motors (GM)-owned Opel. Magna is being advised by Sullivan & Cromwell, Fiat by Gleiss Lutz and SZA Schilling Zutt & Anschütz....
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Apr 15 2009
Numerous reports exist that Shearman & Sterling is planning to cut up to 5% of its litigation associate numbers in addition to laying off associates in other practice...
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Mar 26 2009
US firm Shearman & Sterling has announced that for its offices in Asia, the UK, and the Middle East, it will not provide an annual increase in the salaries of newly...
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Mar 04 2009
Dewey & LeBoeuf and O’Melveny & Myers announced that they will lay off about 330 lawyers and staff blaming weak demand for legal work because of the economic crisis....
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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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Dec 16 2008
Shearman & Sterling has elected 11 associates and counsel to the partnership across its worldwide platform. The new partners practice in seven offices—Beijing,...
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Nov 10 2008
Staff growth at America’s largest law firms slowed in 2008, according to a survey by the National Law Journal.
Major firms losing staff include Cadwalader (-91...
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Oct 20 2008
Willkie Farr & Gallagher has recruited a finance partner Michael Zinder from Shearman & Sterling. Zinder will join Willkie as co-chair of its banking and debt finance...
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Oct 17 2008
Shearman & Sterling has reintroduced its European managing partner role, with the appointment of New York partner Creighton Condon to the post...
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Oct 17 2008
Just one month after losing four partners to Allen & Overy, Shearman & Sterling has lost another partner from its Munich office, with Thomas Fox set to join US rival...
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Oct 07 2008
This time its Allen & Overy and Shearman & Sterling that are doing the elaborate mating ritual that is the mega law firm merger- at least according to media reports...
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Oct 06 2008
Shearman & Sterling has taken the lead role on Germany’s first high profile rescue deal – advising on the €35bn bailout of Hypo Real Estate, along with German firm...
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