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  • May 26, 2010 |

    White & Case restocks City banking team with hire of Gide partner duo

    White & Case has made a double partner hire from Gide Loyrette Nouel's London office as the firm continues to rebuild its banking and capital markets practice in the City. Gide partners Michael Doran and Christopher Czarnocki are set to join the US firm's banking and capital markets practice.

    1 minute read

  • May 19, 2010 |

    Citigroup names 'golden nine' line-up of UK firms in two-tier EMEA panel

    Citigroup has overhauled its external legal arrangements, creating two new panels of preferred law firms. The banking giant has unveiled new panels of advisers in the Europe, Middle East and Asia (EMEA) region and the US, formalising its previous roster of law firms.

    1 minute read

  • April 21, 2010 |

    Media and internet: The content business

    Once, life was simple in the media business. Media companies produced content - though they didn't call it that - for the masses. Film studios, record companies, publishers and broadcasting groups either owned or had significant control over distribution channels for that content. Life was also much simpler for media lawyers. Work was filled with low-level litigation, turning out fairly standard copyright agreements and, if you worked for one of the acquisitive media conglomerates, bringing in external counsel for intermittent bouts of empire building

    1 minute read

  • March 30, 2010 |

    Kirkland restructuring partner aborts plan to join GTM

    Kirkland & Ellis restructuring partner Paul Atherton has backed out of a move to Greenberg Traurig Maher (GTM) and is set to continue at Kirkland's London arm. Last week (25 March) the ambitious City start-up announced Atherton was set to join its team alongside fellow Kirkland restructuring partner Jason Salman. However, Atherton has subsequently decided to stay at the firm after considering his options. Salman is still set to make the move across the City.

    1 minute read

  • March 25, 2010 |

    GTM bulks up restructuring with hire of Kirkland London partner duo

    Greenberg Traurig Maher (GTM) has significantly boosted its City restructuring practice with a double partner hire from Kirkland & Ellis. Jason Salman and Paul Atherton are set to join the US firm's London base along with one associate in the coming weeks, taking partner count to 19, less than 12 months after the firm's City launch.

    1 minute read

  • March 12, 2010 |

    Pinsents insurance chief joins Sidley in double partner hire for US firm

    Sidley Austin has boosted its London insurance capability with a double partner hire in the City. Martin Membery and Matthew Griffith both join the US firm from Pinsent Masons. Membery was the head of the national firm's insurance practice, specialising in non-contentious insurance and reinsurance projects, while Griffith was made up to partner in 2004.

    1 minute read

  • March 10, 2010 |

    Diversity dips at US firms as recession hits ethnic minority lawyer headcounts

    The number of ethnic minority lawyers in US firms has fallen for the first time in nine years, with large firms losing 9% of minority lawyers, according to research by Legal Week sister title The American Lawyer. The findings, based on statistics from 202 participating firms including Baker & McKenzie and Latham & Watkins, suggest that minority lawyers were disproportionately affected by job cuts at US firms over the last year.

    1 minute read

  • February 18, 2010 |

    Sidley sees revenues drop by 9% for 2009

    Sidley Austin's gross revenue fell by almost 9% in 2009 to $1.49bn (£957m), reports The Am Law Daily. However, a decline in equity partner numbers, from 332 in 2008 to 304, boosted profits per equity partner (PEP) by just over 2% to $1.46m (£938,000).

    1 minute read

  • February 17, 2010 |

    Russia and Ukraine: Standing their ground

    The ongoing turf war between Russia's independent and foreign law firms moved up a gear in 2009. Local lawyers, long resigned to sharing their market with the crowd of international firms that began arriving in droves at the end of the Soviet era, regained a little of that lost ground thanks to the economic downturn.

    1 minute read

  • February 4, 2010 |

    Bingham posts 31% increase in City revenues

    Bingham McCutchen's City arm saw revenues increase by almost a third in 2009. The London office has posted turnover of $40.8m (£25.7m) for the last calendar year, compared with $31m (£19.6m) in 2008. The 31% increase comes against marginal growth in profits per equity partner (PEP) to $1.91m (£1.2m) from last year's figure of $1.88m (£1.19m).

    1 minute read