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  • September 23, 2009 | International Edition

    Commentary: Partner hires - the revolving door starts spinning again

    With the first half of 2009 defined by widescale redundancies and partnership restructurings at some of the City's top names, the fallout has meant the trend post-summer is equally clear: lateral hiring - and lots of it. Barely a day goes by without claim or confirmation of another partner move; generally someone heading out of a top 10 City firm for somewhere smaller, although not exclusively - as Linklaters' hire of Herbert Smith litigation partner Christa Band demonstrates.

    1 minute read

  • September 23, 2009 |

    Commentary: Partner hires - the revolving door starts spinning again

    With the first half of 2009 defined by widescale redundancies and partnership restructurings at some of the City's top names, the fallout has meant the trend post-summer is equally clear: lateral hiring - and lots of it. Barely a day goes by without claim or confirmation of another partner move; generally someone heading out of a top 10 City firm for somewhere smaller, although not exclusively - as Linklaters' hire of Herbert Smith litigation partner Christa Band demonstrates.

    1 minute read

  • September 23, 2009 |

    CC and Weil Gotshal land roles on $2.6bn Orangina Schweppes bid

    Clifford Chance (CC) and Weil Gotshal & Manges have taken lead roles on Japanese drinks company Suntory's offer to buy Orangina Schweppes Group from two high-profile private equity funds, Lion Capital Holdings and the Blackstone Group. Weil Gotshal is advising Blackstone and Lion Capital, which purchased Orangina from Cadbury in 2006 for $2.1bn (£1.3bn). London office managing partner Mike Francies is leading the firm's team on the deal.

    1 minute read

  • September 23, 2009 |

    Mayer Brown to boost City leveraged finance team with A&O partner hire

    Mayer Brown is set to make the second magic circle partner hire for its London leveraged finance practice since July. The international firm is set to bring in former Allen & Overy (A&O) partner Jacqui Evans to its City office, although the deal has not yet been completed.

    1 minute read

  • September 22, 2009 |

    Gide adds trio to Vietnam office in international reshuffle

    Gide Loyrette Nouel has moved to build up its Vietnam presence, adding three lawyers to its Ho Chi Minh City office this month. The French firm has relocated Jacques de Servigny to be the new partner-in-charge of the Vietnam practice, which also has an office in Hanoi.

    1 minute read

  • September 18, 2009 |

    Mayer Brown defers half of NQ intake until New Year

    Mayer Brown has put back the start dates of half of its trainee intake, with seven newly-qualified (NQ) solicitors asked to defer until January. The international firm offered 14 of 21 trainees positions within the firm, but has asked half to defer their start dates until the New Year with no financial compensation.

    1 minute read

  • September 16, 2009 |

    Mayer Brown and Reed Smith set to champion fixed fees

    Mayer Brown is looking to move away from traditional hourly billing models, with plans to bring in fixed or capped fees for transactional work. Mayer Brown's senior management is in the process of reviewing how the firm bills clients and is considering proposals to overhaul fee structures for core transactional practices including corporate, banking and real estate.

    1 minute read

  • September 10, 2009 |

    GTM hires partners for competition and IP launches

    Greenberg Traurig Maher (GTM) has continued its aggressive drive to build a UK practice after hiring new heads of competition and intellectual property (IP). Watson Farley & Williams competition head Stephen Tupper is set to join the US law firm on 21 September after five years with the top 50 UK practice.

    1 minute read

  • September 9, 2009 |

    RBS puts select firms on fast track; Nestle unveils UK counsel

    Royal Bank of Scotland (RBS) has invited a handful of its closest legal advisers to 'fast-track' its general legal review, it has emerged, guaranteeing a group of core firms places on its coveted panel. The bank contacted a number of its key advisers earlier this summer inviting them to join the panel early providing they agreed to basic terms on fees, rather than waiting until the full review is completed later this year. It is thought Allen & Overy (A&O), Linklaters, Ashurst and Denton Wilde Sapte are among those invited to take part.

    1 minute read

  • September 3, 2009 |

    Taylor Wessing, Mayer Brown score Portsmouth FC takeover roles

    Taylor Wessing and Mayer Brown have scored lead roles on the takeover of Portsmouth Football Club by Al Fahim Asia Associates. The Arab investment company owned by Sulaiman Al Fahim agreed to buy the south coast club after a protracted negotiation period for an undisclosed fee thought to be around the £60m mark.

    1 minute read