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June 24, 2020 | International Edition

Winston & Strawn Inks Alliance With Chinese Firm, Eyes FTZ Joint Operation

The firm says the alliance will enable it to further expand its services to clients in mainland China.

1 minute read
June 23, 2020 | International Edition

If Cash Is King, Do Law Firms Need to Change Their Business Model to Keep Up?

In the midst of an economic crisis, the traditional operating model, in which firms strip the balance sheet clean at the end of each fiscal year, distributing all the profits to the partnership and starting fresh, looks more and more like a liability.

1 minute read
June 22, 2020 | International Edition

China Outbound Investment Decline Continues, Inbound Rises Amid COVID and Regulatory Challenges

Chinese investments into Europe suffered the biggest drop, but deals into North America and into the rest of Asia were also down from last year.

1 minute read
June 19, 2020 | International Edition

Latham & Watkins Hires Paris Restructuring Partner From Willkie

The lateral hire is the latest in a series of high-level moves by Paris-based firms to bolster their restructuring teams in anticipation of increased work.

1 minute read
June 19, 2020 | International Edition

Freshfields and Allbright Lead On China's Biggest Ever Electric Car Deal

In its first of two multi-billion euro deals, the firm is advising Volkswagen on a set of deals jointly worth €2.1 billion, expected to transform China's electric car market.

1 minute read
June 19, 2020 | International Edition

King & Spalding Defers Some Partner Distributions, Reopens In London for Partners Only

The firm is also taking a "cautious" approach to global hiring as part of its measures to tackle the COVID-19 crisis' affect on its business.

1 minute read
June 18, 2020 | International Edition

US Law Firm Latest to Hold London NQ Pay Decision Due to COVID-19

The move follows a similar decision made by Linklaters on Friday and suggests that the usual annual NQ pay war will look different this year.

1 minute read
June 18, 2020 | International Edition

Linklaters Reopens London Base But Expects Majority of People to Stay Home

The move follows that of fellow Magic Circle firm Allen & Overy, which began allowing limited amounts of people back to its London base on Monday.

1 minute read
June 18, 2020 | International Edition

Baker McKenzie Offers Reduced Working Week and Sabbaticals In London

The global firm has rolled out several other measures, including halting non-strategic recruitment, in its London office as part of its attempt to ward off negative impacts of COVID-19 on its business.

1 minute read
June 17, 2020 | International Edition

Baker McKenzie Hands Germany Managing Partner a Further Three-Year Term

The reappointment comes amid a refresh of the firm's European leadership.

1 minute read