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  • April 4, 2012 |

    PRIME membership rises to 75 as firms push forward on diversity

    Weil Gotshal & Manges, Baker & McKenzie, White & Case, Reed Smith and Olswang are among a host of firms signing up to social mobility initiative PRIME, with 75 now committed to the scheme. The increased tally means PRIME - which is intended to raise the aspirations of students from under-privileged backgrounds by encouraging them to consider careers in the legal sector - has tripled the number of participating law firms since it launched in September last year.

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  • April 4, 2012 |

    The agenda - sizing up the profession's efforts to tackle social diversity

    The legal profession has finally put social diversity 'on the agenda'. Georgina Stanley asks if it will be enough to counter an increasingly unequal British society

    1 minute read

  • March 22, 2012 | International Edition

    Funds promises to be the fertile ground that has long eluded US law firm leaders

    Funds proves the rare City practice line that really goes with US invaders' flow. Georgina Stanley reports

    1 minute read

  • March 22, 2012 |

    Funds promises to be the fertile ground that has long eluded US law firm leaders

    Funds proves the rare City practice line that really goes with US invaders' flow. Georgina Stanley reports

    1 minute read

  • March 20, 2012 |

    CC, White & Case and WilmerHale join advisers on £500m-plus GlobeOp bidding

    Clifford Chance (CC), White & Case and Wilmer Cutler Pickering Hale and Dorr have won roles on the bidding battle for hedge fund administrator GlobeOp, after US software company SS&C Technologies last week trumped an earlier offer from buyout house TPG Capital. CC corporate partner Steven Fox, who joined the magic circle firm last year from Ashurst, is leading the firm's team advising SS&C on UK law alongside CC partners Lee Coney (corporate), Roderick McGillivray (finance), Simon Crown (regulatory) and Sonia Gilbert (employment).

    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 8, 2012 |

    Clydes advises Liverpool FC's former owners on RBS lawsuit

    Clyde & Co and 3 Verulam Buildings (3VB) have won roles on the multimillion-pound dispute between Liverpool FC's former owners and RBS. Clydes is advising US businessmen Tom Hicks and George Gillet, who claim that they lost around £140m when they were pushed into the sale of Liverpool FC by RBS in 2010, arguing that the club was sold at a significant undervalue.

    1 minute read

  • March 7, 2012 |

    Weil billings on Lehman near $400m as bank exits bankruptcy protection

    Weil Gotshal & Manges' fees on the Lehman Brothers administration have reached almost $400m, as the bank emerges from bankruptcy more than three years after its abrupt collapse, reports The Am Law Daily. Lehman officially exited from bankruptcy protection on Tuesday morning (6 March), after its September 2008 fall prompted the largest Chapter 11 case in US history.

    1 minute read

  • March 2, 2012 |

    Magic circle duo among firms advising on GM-Peugeot alliance

    Bredin Prat, Linklaters and Freshfields Bruckhaus Deringer have scored roles on the high profile tie-up between General Motors (GM) and PSA Peugeot Citroen, which is expected to save the car giants around $2bn (£1.25bn) a year within five years.

    1 minute read

  • March 1, 2012 |

    Weil wins lead on fundraising for Bob Geldof's Africa private equity venture

    Weil Gotshal & Manges' London arm has been instructed on a high-profile fundraising for 8 Miles, the Africa-focused private equity house headed by Bob Geldof. Weil Gotshal recruit Ed Gander – who recently joined the US law firm alongside three other Clifford Chance (CC) partners – has taken the lead role for 8 Miles, a client that has been transferred from CC.

    1 minute read