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  • June 20, 2013 |

    Jones Day and Sullivan lead as India's Apollo purchases US tyre company

    Jones Day and Sullivan & Cromwell have taken lead roles on the $2.5bn (£1.6bn) acquisition of US company Cooper Tire & Rubber by India's Apollo Tyres. The all-cash transaction gives Apollo – which is headquartered in Gujarat – access to the lucrative US market and creates the seventh largest tyre company in the world, with a presence in four continents. Jones Day took the lead role for Cooper, fielding a Cleveland and New York team led by corporate partners Lyle Ganske, Peter Izanec and James Dougherty. The firm also advised on employee benefits, antitrust, employment and banking matters.

    1 minute read

  • May 23, 2013 |

    Open season – the influx of global firms making their mark in Singapore

    From the top of the world's most expensive casino building in Marina Bay, Singapore's central business district is an impressive sight. Overlooking the water, an array of glittering silver skyscrapers bear the names of banks, insurance companies and luxury hotel brands, while a mix of local landmarks, shopping malls and restaurants keep tourists happy. The scene, in all its grandeur, reflects not only the sunlight, but the commercial achievements of a city that has now become a hub for southeast Asia, with Singapore now ranked as one of the four leading financial centres in the world. Alongside Hong Kong, Taiwan and South Korea, it is also one of the Four Asian Tigers.

    1 minute read

  • May 23, 2013 |

    BLP, Olswang and DLA Piper among firms eyeing tie-ups with Singapore outfits

    Berwin Leighton Paisner (BLP), King & Spalding, Olswang, DLA Piper and K&L Gates are among a group of international law firms eyeing tie-ups with local firms in Singapore after missing out on licences to launch their own local practices earlier this year. The firms have confirmed they would be open to a partnership with a Singaporean outfit, with some looking at a Joint Law Venture (JLV) and others considering a Formal Law Alliance (FLA). All were among 19 unsuccessful applicants for Qualifying Foreign Law Practice (QFLP) licences.

    1 minute read

  • May 22, 2013 |

    Norton Rose, Simmons and Dentons among winners in Shell review

    Shell has concluded a comprehensive review of its global external legal advisers, with a host of UK and US firms winning appointments to advise the world's largest company by revenue...

    1 minute read

  • May 16, 2013 |

    Post-merger Dentons plans first steps into Latin America

    Dentons is planning its first moves into Latin America, with the newly merged firm considering a series of launches in countries including Mexico, Venezuela, Colombia and Brazil. Speaking to Legal Week, global chief executive Elliott Portnoy (pictured) said that the region was of "strategic and economic importance" to Dentons' clients, confirming the firm was actively looking at opportunities there. Following the merger of SNR Denton, Salans and Canadian firm Fraser Milner Casgrain in March, Latin America is the only continent in which Dentons does not have an office or alliance.

    1 minute read

  • May 13, 2013 |

    Singapore's Stamford Law hires Norton Rose funds partner

    Singapore firm Stamford Law has added to its corporate team with the hire of Norton Rose funds partner Daniel Yong. Yong, who will be the first dedicated funds partner for the firm and a director in the corporate department, boosts the number of overall partners at Stamford to 16.

    1 minute read

  • May 9, 2013 |

    Law firms lose lustre as students mull alternative career options

    Decreasing numbers of law students want to work in a law firm when they graduate, according to a major new Legal Week research project, as the difficulty in securing a training contract continues to hit the aspirations of would-be lawyers. Legal Week Intelligence's annual Law Student Report, which this year surveyed more than 3,000 undergraduate and postgraduate law students, found just 60% of undergraduate law students want to pursue a career as a solicitor, with the proportion declining from 80% in 2010.

    1 minute read

  • May 9, 2013 |

    Law Student Report 2013 - the long and dwindling road

    2013 has been another year of change in the law student body. The number of law students wanting to become solicitors has fallen again for the third year in a row. Now just 60% of law students want to pursue a career as a solicitor, compared to 80% in 2010. There has been a fairly steep decrease in just 12 months and a depressing trend over three years, perhaps reflecting the difficulty prospective lawyers are finding in getting a training contract. The number wanting a career outside law altogether has also gone up from 6% three years ago to 16% this year.

    1 minute read

  • May 7, 2013 |

    Sidley Austin bulks up in Singapore with Morgan Lewis & Bockius partner

    Sidley Austin has taken further steps to ramp up its Singapore practice this week with the hire of Morgan Lewis Bockius M&A partner Gregory Salathé. The US firm was one of the four international outfits granted a Qualifying Foreign Law Practice (QFLP) licence in the Asian city-state in February this year, allowing it to advise on local law.

    1 minute read

  • April 30, 2013 |

    Stephenson Harwood makes Asia play with Singapore and Beijing moves

    Stephenson Harwood has ramped up its Asia presence with a formal association in Singapore and the launch of an office in Beijing. The agreement with Singapore's Virtus Law, which was signed at the start of April, will cover all Singapore law aspects, with a particular focus on corporate, litigation and asset finance.

    1 minute read