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  • January 21, 2014 |

    Eversheds' former Asia chief moves out of private practice

    Eversheds' former managing partner for Asia Nick Seddon has joined consultancy Beaton Capital as a partner and recruitment company Olivier Cheah as a director. Seddon, who left the UK firm last February, has moved out of private practice to take a corporate advisory role at Beaton, and to work alongside Hong Kong recruiter Jim Olivier to assist firms with lateral partner hires in the city.

    1 minute read

  • January 21, 2014 |

    Reed Smith hires ex-Dewey pair in Astana office push

    Reed Smith has hired two former Dewey & Leboeuf partners for its office in Astana, becoming the latest international firm to bulk up in the Kazakh capital. The firm, which has been based in the city since 2012, is strengthening the office with the recruitment of its first two partners, both of whom worked at Dewey before the firm collapsed in 2012.

    1 minute read

  • January 20, 2014 |

    Spiralling legal costs blamed as Deutsche and Morgan Stanley see profits hit

    Expensive litigation costs have resulted in significant profit dips for two of the world's biggest investment banks. Deutsche Bank and Morgan Stanley have both had to set aside additional cash for legal expenses arising from the fall-out of the financial crisis.

    1 minute read

  • January 16, 2014 |

    Drawing the battle lines – assessing the impact client conflicts have on top law firms

    Client conflicts can scupper mergers and fuel rivalry between partners. With the Tomlinson report highlighting concerns that banks wield too much power over their advisers, Alex Newman charts recent conflicts flashpoints...

    1 minute read

  • January 15, 2014 |

    Travers grabs major new client as PE giant Apollo reviews UK roster

    US private equity house Apollo has carried out a review of its UK legal advisers, with Travers Smith on the roster for the first time alongside Slaughter and May, Ashurst and the London arm of Sullivan & Cromwell.

    1 minute read

  • January 14, 2014 |

    Vodafone-Verizon mega-deal fuels M&A hopes as Macfarlanes' international plans come good

    It was the moment when Macfarlanes' idiosyncratic international strategy paid off – and when Linklaters surprisingly lost out on a role on one of the biggest M&A deals of the decade. Vodafone's $130bn (£79bn) sale of its stake in Verizon – not only by far the biggest deal of the year but also the largest US-based corporate transaction since 2001 – was always likely to be a feeding frenzy for law firms. Accordingly, a number of the usual suspects landed roles on both sides of the Atlantic. Wachtell Lipton Rosen & Katz and Debevoise & Plimpton acted for Verizon in the US, while Simpson Thacher & Bartlett took the Vodafone mandate.

    1 minute read

  • January 14, 2014 |

    Co-op legal advisers expected to give evidence in Treasury investigation

    Law firms that advised the Co-operative Bank prior to revelations about its governance and financial failings could be forced to give evidence before a Treasury investigation into the lender.

    1 minute read

  • January 14, 2014 |

    American trio act on Charter's $61bn offer for Time Warner Cable

    Manhattan legal heavyweights Wachtell Lipton Rosen & Katz, Kirkland & Ellis and Paul Weiss Rifkind Wharton & Garrison have all taken roles on Charter Communications' $61bn (£37bn) bid to merge with Time Warner Cable (TWC).

    1 minute read

  • January 13, 2014 |

    Simmons hires Reed Smith's Europe and Middle East investment funds chief

    Simmons & Simmons has sealed the high-profile hire of Dale Gabbert, Reed Smith's head of investment funds for Europe and the Middle East.

    1 minute read

  • January 10, 2014 |

    Slaughters, CC, HSF lead on Cineworld's £504m acquisition of Polish cinema chain

    Slaughter and May, Clifford Chance and Herbert Smith Freehills have landed the starring roles on Cineworld Group's £504m acquisition of Poland-based Cinema City International (CCI).

    1 minute read