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  • June 15, 2011 |

    CC hit as four-partner City funds team exits for Weil as US firms step up UK expansion

    US firms' aggressive European private equity drive continues as Weil Gotshal makes significant team hire from CC

    1 minute read

  • June 15, 2011 |

    Bushwhacked - advances by US firms in the City reach an ominous stage

    Legal Week's in depth strand has been timely of late. While May's focus on libel and privacy coincided with sustained hysteria about injunctions, this month's international firms in London focus comes as Weil Gotshal & Manges pulls off arguably the most significant City raid yet inflicted on a leading UK law firm. If nothing else, the resignation of a four-partner funds team from Clifford Chance (CC) is evidence that a select band of US law firms is becoming a steadily more menacing threat to the City's finest.

    1 minute read

  • June 15, 2011 |

    Outriders - the US firms breaking away from the herd in the City

    A disparate band of US firms are breaking away from the herd to become a real competitive force in the City. Caroline Hill assesses how far they've come and the terrain ahead

    1 minute read

  • June 15, 2011 |

    Going organic: finding the balance between organic growth and lateral hiring in London

    Foreign firms in London still struggle to find that elusive balance between 
organic growth and lateral hiring. Charlotte Edmond charts the latest trends

    1 minute read

  • June 13, 2011 |

    O'Melveny appoints quartet to leadership roles following raft of partner exits

    O'Melveny & Myers has promoted four partners to leadership roles in the wake of several recent high-profile departures from the firm, reports The Am Law Daily. Silicon Valley partner Steven Tonsfeldt has been named as the new leader of the firm's M&A practice group, succeeding Ilan Nissan, who is joining Dewey & LeBoeuf along with M&A partner Chris Nugent.

    1 minute read

  • June 13, 2011 |

    CC hit by exit of four-partner City funds team to Weil Gotshal

    Clifford Chance (CC) is set to lose the bulk of its City funds practice, Legal Week can reveal, with a four-partner team exiting the firm to join Weil Gotshal & Manges in London. The team comprises funds partners Ed Gander, Nigel Clark and Nick Benson, as well as tax partner Jonathan Kandel, who works closely alongside the funds team.

    1 minute read

  • June 8, 2011 |

    Ropes & Gray launches London tax practice with Kirkland partner hire

    Ropes & Gray has launched a tax and benefits practice in its fledgling London office with the hire of tax partner John Baldry from Kirkland & Ellis. Baldry, who joined Kirkland's London office in 2006 from Weil Gotshal & Manges, advises on most areas of corporate tax, including structured finance, private equity fund structuring, M&A and restructurings.

    1 minute read

  • May 31, 2011 |

    Linklaters banking partner set to join Weil Gotshal in London

    Weil Gotshal & Manges has secured a notable hire for its London finance practice with the addition of Linklaters banking partner Stephen Lucas. Lucas will join the US firm as soon as he has served his notice period. At Weil, he will work alongside London finance head Jacky Kelly and structured finance partner Steven Ong, as well as recent recruit James Hogben, a former Ashurst banking partner.

    1 minute read

  • May 25, 2011 | International Edition

    A change in the private equity guard is opening a few gates

    Last month Clifford Chance (CC) private equity veteran James Baird retired from the firm after more than 25 years as a partner. Clearly the departure is unlikely to spell anything like disaster for a buyout practice as dominant as CC's, but it has certainly got the private equity sewing circle talking. And, no doubt, hoping for opportunities to tighten links with some of Baird's clients, such as CVC.

    1 minute read

  • May 25, 2011 |

    A change in the private equity guard is opening a few gates

    Last month Clifford Chance (CC) private equity veteran James Baird retired from the firm after more than 25 years as a partner. Clearly the departure is unlikely to spell anything like disaster for a buyout practice as dominant as CC's, but it has certainly got the private equity sewing circle talking. And, no doubt, hoping for opportunities to tighten links with some of Baird's clients, such as CVC.

    1 minute read