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  • August 1, 2013 |

    Freshfields, Links and Shearman lead on £3.4bn Invensys takeover

    Freshfields Bruckhaus Deringer, Linklaters, Shearman & Sterling and Bredin Prat have taken roles on Schneider Electric's £3.4bn takeover of British engineering company Invensys. France's Schneider announced on Wednesday its intention to acquire the entire stock of Invensys, in what would be the second-largest foreign purchase of a British company this year after Liberty Global's £15bn buyout of Virgin Media.

    1 minute read

  • July 31, 2013 |

    A&O, Linklaters and DLA among firms facing legal action over Dewey hires

    A raft of firms including Allen & Overy (A&O), Linklaters and DLA Piper are facing legal action from Dewey & LeBoeuf's estate over client matters they took on when recruiting former partners of the collapsed US law firm. US firm Diamond McCarthy, which is acting for Dewey's estate, last Friday (26 July) asked the judge overseeing the bankruptcy to grant permission to issue subpoenas to 36 law firms and one accountancy firm which are now home to ex-Dewey partners.

    1 minute read

  • July 18, 2013 |

    Addleshaws moves Africa energy market up agenda with double partner hire

    Addleshaw Goddard is driving Africa up the agenda with a push into the energy and resources markets following the hire of Shepherd and Wedderburn partner duo Angus Rollo and Guy Winter. The pair, both of whom previously worked at Linklaters and Shearman & Sterling, will boost partner numbers within the firm's Africa group to six.

    1 minute read

  • July 11, 2013 |

    Linklaters hires top Paris capital markets partner from Shearman

    Linklaters has recruited Paris capital markets partner Bertrand Senechal from Shearman & Sterling, as the magic circle firm moves to restock its practice in the French capital following the loss of a team to White & Case earlier this year. Senechal - who will start at the magic circle firm on 2 September - has been a partner at Shearman since 2005 and is highly rated for equity capital markets work in France.

    1 minute read

  • July 9, 2013 |

    US trio lead on buyout of Times Educational Supplement publisher

    Cleary Gottlieb Steen & Hamilton, Shearman & Sterling, Simpson Thacher & Bartlett and Travers Smith have all taken roles on private equity house TPG Capital's acquisition of Times Education Supplement (TES) publisher TSL Education, from Charterhouse Capital. The deal, which makes TPG the fourth owner of the business in eight years, is reported to be worth around £400m and is expected to close in the third quarter of 2013.

    1 minute read

  • July 4, 2013 |

    Macfarlanes growth continues with double-digit revenue and PEP hikes

    Macfarlanes has posted a 12% growth in revenue and 10% growth in profits per equity partner (PEP) for 2012-13. Revenue at the firm climbed from £102.2m to £114.2m, while PEP is now close to the £1m mark, rising from £903,000 to £989,000.

    1 minute read

  • July 2, 2013 |

    Herbert Smith Freehills and Cleary make key partner hires in Frankfurt

    Herbert Smith Freehills (HSF) has sealed the hire of SJ Berwin Germany real estate chief Hans Thomas Kessler in a boost for its recently launched German operation. Kessler, who joined SJ Berwin from Beiten Burkhardt in 2008, will work alongside HSF's Frankfurt head Ralf Thaeter - who launched the German offering after joining from former Herbert Smith ally Gleiss Lutz earlier this year - and former Norton Rose corporate partner Nico Abel.

    1 minute read

  • July 1, 2013 |

    Sidley and Jones Day post healthy autumn NQ retention rates in London

    The London office of Sidley Austin has achieved a 100% trainee retention rate for its September intake, with all nine of the firm's autumn qualifiers accepting offers in their first-choice practice areas. Several of the US firm's newly qualified (NQ) lawyers were offered places in more than one practice group in the office, and it is understood that at least one practice group was left disappointed when it did not receive any trainees. However, the firm does not have any current plans to expand its trainee intake numbers.

    1 minute read

  • June 27, 2013 |

    White & Case gets licence to launch in Dubai

    White & Case is set to become the latest firm to open in Dubai after obtaining a licence to practise in the emirate. It is understood that the US firm will relocate a team of lawyers to run the new outpost, which will function as an offshoot of its operation in Abu Dhabi. The firm is still determining how the operation will be staffed, with an announcement due after the Eid holidays in early August. According to regulatory requirements, at least five lawyers are required to staff the base.

    1 minute read

  • June 27, 2013 |

    Mission in Manila – Asia Development Bank's GC on switching from private practice

    Christopher Stephens, the new general counsel of the Asian Development Bank, tells Elizabeth Broomhall about 'desperate' times at Coudert Brothers and why Asian companies don't need panels

    1 minute read