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April 16, 2020 | International Edition

Traffic Jam: CFIUS Is Slowing Chinese Investment in the US to a Crawl

Chinese direct investment into the United States, once a key driver of global M&A activity, has dropped to its lowest point since the 2008-09 global financial crisis.

1 minute read
April 16, 2020 | International Edition

Kirkland Acts on First Take-Private Since Lockdown

Osborne Clarke and DAC Beachcroft also advised on the private equity bolt-on acquisition.

1 minute read
April 16, 2020 | International Edition

Reed Smith Defers Bonuses As Withers, Weightmans Furlough Staff

Further U.K. firms have furloughed staff, while Squire Patton Boggs has introduced new U.K. holiday measures.

1 minute read
April 15, 2020 | International Edition

Norton Rose Staff Approve Four Day Week As More Firms Slash Partner Pay, Furlough Staff

Dentons has slashed its Europe and Central Asia partner distributions, while some of its European board members have offered to take 50% pay cuts.

1 minute read
April 14, 2020 | International Edition

HFW, Watson Farley Furlough Staff as Baker McKenzie Cuts Pay

Watson Farley Williams, HFW and Addleshaw Goddard are the latest firms to take measures to protect their businesses and people amid the COVID-19 pandemic.

1 minute read
April 13, 2020 | International Edition

Baker McKenzie To Trim Lawyer, Staff Salaries by 15% in US

The moves in response to the coronavirus will not affect those earning less than $100,000, and no one will see their compensation reduced below that threshold.

1 minute read
April 10, 2020 | International Edition

Freshfields, Baker and Latham Advise on Sale of Air Liquide's Hand Sanitizer, Disinfectant Unit to EQT Partners

Air Liquide has agreed to the sell Schülke to the private equity firm for roughly €900 million as demand for disinfectant products grows due to the coronavirus.

1 minute read
April 8, 2020 | International Edition

Gary Senior Hearing to Resume via Zoom

The hearing will resume as scheduled on April 27.

1 minute read
April 7, 2020 | International Edition

DLA Piper Tax Group Jumps to McDermott in Miami to Focus on Latin American Business

Like many other Big Law firms, McDermott sees the hires as instrumental to capturing more Latin American business and clients.

1 minute read
April 7, 2020 | International Edition

Norton Rose Fulbright Cuts Australian Lawyer Pay as PwC Reduces Hours and Local Partner Drawdowns

NRF's actions are similar to those the firm took last week at its offices in Europe, Asia and the Middle East.

1 minute read