Law News
Law news found and posted by the lawyrs community.
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Jul 10 2018
Allen & Overy (A&O) has recruited M&A veteran Stephen Besen from Shearman & Sterling in New York.
Besen has advised on mergers, joint ventures, private equity...
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Jun 25 2018
Allen & Overy has rehired partner Bob Penn from Cleary Gottlieb Steen & Hamilton just two years after he departed from the firm.
Penn was a partner at A&O for...
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May 10 2018
Goodwin Procter has recruited Cleary Gottlieb Steen & Hamilton associate Bosco Yiu as a private equity partner in Hong Kong.
Yiu’s main focus is on privatization,...
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Mar 08 2018
Cleary Gottlieb Steen & Hamilton rainmaker Roberto Casati has left the firm for a position at Linklaters.
In a significant senior move for the Italian market,...
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Feb 26 2018
Reed Smith has hired investment fund finance head Bronwen Jones from Macfarlanes.
Jones has been with Macfarlanes since 2004, when she made the move from Kirkland...
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Nov 21 2017
Cleary Gottlieb Steen & Hamilton has hired James Norris-Jones from the London offie of Herbert Smith Freehills (HSF). Norris-Jones served as a dispute resolution...
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Nov 13 2017
Deutsche Bank has appointed Florian Drinhausen as its new legal head. Currently serving as the chief compliance officer and the head of global governance, 49-year-old...
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Nov 01 2017
Cleary Gottlieb Steen & Hamilton has announced three new partner promotions in a smaller round than usual.
The promotion round included London-based M&A lawyer...
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Sep 28 2017
German company Siemens has completed a merger with the railway operation of French company Alstom, in a deal valued at €15bn (£13.1bn).
Advising the companies were...
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Nov 01 2016
Cleary Gottlieb Steen & Hamilton has promoted finance lawyer Jim Ho in the firm’s London office, during a year when partnership promotions have consisted primarily of...
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Sep 13 2016
Michael Gerstenzang has been elected as managing partner of New York firm Cleary Gottlieb Steen & Hamilton. He has been a partner at Cleary since 1999, and will...
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Sep 08 2016
Michael Ulmer has left Allen & Overy (A&O) for Cleary Gottlieb Steen & Hamilton, making him the second corporate partner to leave A&O’s Frankfurt office this week. On...
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Apr 29 2016
Cleary Gottlieb Steen & Hamilton has hired a new financial services regulatory partner. Bob Penn, currently the head of non-contentious financial services regulation...
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Feb 16 2016
Mayer Brown has hired two partners to join its private equity offering in Germany. The partners Birgit Hübscher-Alt and Julian Lemor come to Mayer Brown from King &...
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Oct 27 2015
Cleary Gottlieb Steen & Hamilton has announced its latest promotions round, making up seven partners. Six of the seven partners are based in the United States. The new...
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Jul 10 2015
Cleary Gottlieb Steen & Hamilton have hired Shuang Zhao, a capital markets partner to join its Hong Kong office. Zhao was previously partner at Shearman & Sterling,...
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Nov 24 2014
Simpson Thatcher & Bartlett instigated a slew of announcements about year-end bonuses for associates on Friday, with firms Paul, Weiss, Rifkind, Wharton & Garrison and...
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Jul 08 2014
Banking group Barclays has streamlined its panel of legal advisors, cutting 30% of the list of firms and organising the remainder into a two-tiered system of...
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Jun 23 2014
US firm Cleary Gottlieb Steen & Hamilton has increased trainee and junior associate pay in the UK, further increasing the gap between what local and US firms are...
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Feb 03 2014
Weil, Gotshal & Manges is advising Chinese electronics company Lenovo Group on its $2.91 billion purchase of Google Inc’s Motorola handset division.
The deal -...
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Dec 09 2013
A handful of large US law firms have released their 2013 bonus figures, after the trend-setting Cravath, Swaine & Moore announced its own bonuses last week.
Most...
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Nov 12 2013
Cleary Gottlieb Steen & Hamilton has promoted six partners across its global network, down from last year’s figures when eight new partners were made up. The...
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Oct 24 2013
Linklaters has boosted its disputes practice in Paris with the hire of three partners from Cleary Gottlieb Steen & Hamilton and Paris-based firm Darrois Villey Maillot...
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Oct 22 2013
Linklaters has expanded its Paris arbitration group, taking on talent from Paris-based boutique Darrois Villey Maillot Brochier and Cleary Gottlieb Steen & Hamilton....
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Sep 07 2013
The Lawyer says that the term ‘magic circle’ will soon lose its utility as a descriptor of the UK’s elite law firms.
The magic circle, which consists of Allen &...
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Nov 20 2012
The Human Rights Campaign scored leading legal and corporate institutions on their policies benefiting lesbian, gay, bisexual and transgender employees, awarding a...
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Oct 01 2012
American Lawyer magazine has reported an increase in the number of law students who spent their summers working at major law firms between 2011 and 2012, finding that...
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Sep 27 2012
Here is an interesting article about how firms recruit lateral partners. Failed law firm Dewey & LeBoeuf went on a huge recruitment drive in the year before it...
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Sep 07 2012
US firm Cleary Gottlieb Steen & Hamilton has launched a presence in the Middle East, opening a new office in Abu Dhabi. The Abu Dhabi base will be led by partner Gamal...
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Jun 25 2012
O'Melveny & Myers has announced plans to apply for permission to launch a practice in South Korea after the hire of US qualified of counsel Sungyong Kang and Jinwon...
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Jun 21 2012
The annual Vault Rankings, which determine the relative prestige of US law firms on the basis of nearly 17,000 surveys sent to associates, have been published.
The...
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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 12 2012
Four of the top New York law firms posted their financial results for 2011, with all four showing an increase in revenues.
Skadden Arps Slate Meagher & Flom...
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Feb 17 2012
McDermott Will & Emery is planning to launch in Seoul, following the ratification of a trade agreement that allows foreign law firms to open offices in South Korea....
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Feb 08 2012
The legal services market in Hong Kong has long been dominated by British firms, but US law firms are now a potent force, attracting top talent by offer larger...
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Jan 16 2012
Dechert announced its 2011 end-of-year bonuses for US associates just after Christmas, with a schedule of bonuses that broadly matches the standard set by Cleary...
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Dec 01 2011
South Korea has opened its doors to foreign law firms, with British firms permitted to open there since July, and a free trade agreement concluded last week that also...
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Nov 22 2011
Women have constituted the majority of new partners in the promotions rounds at Wachtell, Lipton, Rosen & Katz, Cleary Gottlieb Steen & Hamilton and Akin Gump Strauss...
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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 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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Aug 22 2011
US firm Cleary Gottlieb Steen & Hamilton has opened the doors to its São Paulo office, after receiving regulatory approval.
The Brazilian office will be led by...
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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 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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Mar 15 2011
A number of Wall Street firms saw profits rise last year, as M&A and capital markets work swelled. Some firms ensured their profits by pruning the equity partner...
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Mar 01 2011
Cleary Gottlieb Steen & Hamilton has announced that it will be paying spring bonuses, following the scale set by Cravath Swaine & Moore.
The firm had previously...
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Feb 16 2011
Freshfields Bruckhaus Deringer has awarded spring bonuses to its 82 US–based associates, following the lead set by Sullivan & Cromwell, Cravath, Swaine & Moore,...
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Feb 14 2011
Just one month after firms handed out their end of year bonuses, it seems that it is bonus time again. A number of firms have made announcements regarding ‘spring...
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Feb 09 2011
Kindred Healthcare Inc is set to purchase RehabCare Group, Inc. in an $877 million cash and stock deal that will create the country's largest rehabilitation services...
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Jan 24 2011
Sullivan & Cromwell has announced a generous spring bonuses for its associates. The firm has decided to the 2010 year-end bonuses, announced in December, with a...
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Dec 17 2010
This article takes a closer look at some of the decisions being made in this year’s partnership promotions round, asking what those decisions indicate about the...
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Dec 02 2010
New York based firm Cleary Gottlieb Steen & Hamilton has hired Norton Rose’s Freeman Chan to head a local law practice in Hong Kong.
The firm has a number of large...
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Oct 07 2010
Akin Gump Strauss Hauer & Feld and Cleary Gottlieb Steen & Hamilton have taken lead roles on a merger between Amsterdam-based VimpelCom with Weather investments....
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Sep 17 2010
Deutsche Bank has called upon Cleary Gottlieb Steen & Hamilton to advise on its project of raising €9.8 billion to bolster the balance sheet and complete the proposed...
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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 18 2010
Cleary Gottlieb Steen & Hamilton, Jones Day and Stikeman Elliott have taken leading roles in BHP Billiton's $38.6 billion unsolicited offer for Canada's Potash Corp....
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Jun 22 2010
Six firms have advised on the $3.2 billion merger between Biovail, Canada's largest public pharmaceutical company, with California-based Valeant Pharmaceuticals....
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May 20 2010
Cleary Gottlieb Steen & Hamilton and Davis Polk & Wardwell have taken lead roles on software maker Symantec’s $1.28 billion cash acquisition of VeriSign’s internet...
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May 06 2010
Cleary Gottlieb Steen & Hamilton, Morgan, Lewis & Bockius and Simpson Thacher & Bartlett have taken lead roles in the $3.4 billion acquisition of Massachusetts-based...
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Apr 27 2010
The US Treasury is preparing to commence the first stage of its plan to unload 7.7 billion government-owned Citigroup shares on the market, with an offering of 1.5...
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Apr 27 2010
Hertz Global Holdings has announced the imminent acquisition of Dollar Thrifty Automotive Group in a major strategic merger in the US car-rental industry. The $1.2...
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Oct 20 2009
Did Bank of America and its lawyers at Cleary Gottlieb Steen & Hamilton make a mistake in the order waiving attorney-client privilege in the bank's case against the...
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Aug 26 2009
Wachtell, Lipton, Rosen & Katz is the most prestigious law firm according to Vault’s law firm rankings by law firm associates, defending its No. 1 spot for the seventh...
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