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  • May 24, 2012 |

    Have QFLPs worked for Singapore?

    Singapore is to award more licences, but many still question the value of practising local law. Jessica Seah reports

    1 minute read

  • May 23, 2012 |

    Irish trio act alongside Wall St elite on US company's $11bn Ireland tax move

    A trio of top Irish law firms have taken roles on an $11.8bn (£7.5bn) deal which has seen US power management company Eaton move its headquarters to Ireland, saving the the US business millions of dollars in taxes a year. The multibillion-dollar acquisition of Irish electrical equipment supplier Cooper Industries will create a global electricity company incorporated in the Emerald Isle, with the combined business called Eaton Global.

    1 minute read

  • May 16, 2012 |

    Sullivan and Slaughters lead as Diageo taps US bond markets for $2.5bn

    Diageo has instructed a trio of leading law firms on a $2.5bn (£1.5bn) financing deal that saw the London-based drinks giant tap the US bond markets. The London-based company, which owns alcoholic beverage brands including Guinness, Baileys, Captain Morgan and Smirnoff, turned to Sullivan & Cromwell for US law advice with Slaughter and May taking the lead UK law role.

    1 minute read

  • April 19, 2012 |

    Friends in high places - the controversies dogging the SEC

    "If the SEC gave JP Morgan a pass because it was doing the Government a favour by taking over Bear Stearns in a crisis, then it should come out and say so. Otherwise, it is hard to understand why the SEC never brought this case..."

    1 minute read

  • April 19, 2012 |

    A heavy burden - the huge US pension plans weighing down on younger partners

    A remnant of a simpler time, the generous pension plans at many Am Law 100 law firms place an increasing weight on younger partners. Is a generational battle looming? Julie Triedman reports

    1 minute read

  • April 13, 2012 |

    Davis Polk adds second Freshfields partner to new English law practice

    Davis Polk & Wardwell has recruited another Freshfields Bruckhaus Deringer partner for its English law practice in the City, following the hire of corporate veteran Simon Witty for its launch this month. Tax partner Jonathan Cooklin is set to join the Wall Street leader's London base after 19 years at the magic circle firm, where he has been a partner since 2001 and head of the insurance tax group. His start date is yet to be confirmed.

    1 minute read

  • March 29, 2012 |

    Linklaters to vote on exclusive formal alliance with Australia's AAR

    Linklaters and Allens Arthur Robinson (AAR) are set to vote on an exclusive formal alliance next month, as the Australian firm's former best friend Slaughter and May reconsiders its relationships in the region. Following ongoing discussions, Linklaters will vote on the proposed agreement at its partner conference next month, with a vote at AAR expected to follow shortly after.

    1 minute read

  • March 15, 2012 |

    US players grow London footprint as partner presence rises almost 10%

    US law firms grew their partner count in the City by close to 10% during 2011 as they continued to increase their share of the European legal market. Legal Week's research into the hiring activity and penetration of US firms in London found total partner count at the 45 US and transatlantic firms in London taking part in the survey increased by 91 in the year to January 2012, to 1,199.

    1 minute read

  • March 15, 2012 |

    Aggressive US firms push London partner hiring to five-year high

    Partner hiring by US firms in London increased by over 25% in 2011, with firms adding more partners to their City bases than at any time over the last five years. Legal Week's annual survey of hiring trends at the City operations of some of the largest US and transatlantic firms found there were 116 partner hires during 2011 across the 45 firms taking part in the survey. The overwhelming majority of these (101) were partners at their previous firms.

    1 minute read

  • March 11, 2012 |

    Skadden, Cleary, Simpson and Davis Polk see revenues rise in 2011

    A quartet of elite New York law firms saw revenues grow last year, as details of the 2011 financial performance of America's top firms continue to emerge, reports The Am Law Daily. The biggest of the four, Skadden Arps Slate Meagher & Flom, saw revenue increase 3% to $2.17bn (£1.38bn), while profits per partner (PEP) rose 7% to $2.48m (£1.58m).

    1 minute read