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  • July 9, 2009 | International Edition

    Foreign firms put merger hopes on hold to hunker down for recession

    The number of international law firms in London looking for a tie-up has fallen to its lowest level in five years, as firms batten down the hatches in their City outposts during the downturn. Only 21% of non-UK headquartered firms in London said they would consider a merger with a UK firm according to Legal Week's annual survey of international law firms in London. The result marks a sharp decline from last year when 45% of firms said they would consider a UK deal.

    1 minute read

  • July 9, 2009 |

    Foreign firms put merger hopes on hold to hunker down for recession

    The number of international law firms in London looking for a tie-up has fallen to its lowest level in five years, as firms batten down the hatches in their City outposts during the downturn. Only 21% of non-UK headquartered firms in London said they would consider a merger with a UK firm according to Legal Week's annual survey of international law firms in London. The result marks a sharp decline from last year when 45% of firms said they would consider a UK deal.

    1 minute read

  • July 2, 2009 |

    Addleshaws wins Barclays role as bank confirms new panel line-up

    Barclays has completed its panel review, with Addleshaw Goddard winning a coveted spot on the bank's main panel. The national firm joins Allen & Overy, Clifford Chance , DLA Piper, Freshfields Bruckhaus Deringer, Linklaters, Lovells and Simmons & Simmons on the bank's general advisory roster, with Barclays also appointing a string of firms to 10 specialist panels.

    1 minute read

  • July 2, 2009 |

    Reed Smith calls in consultant to shape bank group for post-crunch world

    Reed Smith has turned to an external consultant to help shape its worldwide financial industries group (FIG). The US law firm has appointed an economist who regularly advises the US Government to look at where the firm should focus its practice during the recession.

    1 minute read

  • June 25, 2009 |

    A&O, Lovells and Eversheds secure adviser roles for major US company

    Schering-Plough has added five international firms to its roster of external legal advisers. Allen & Overy (A&O), Lovells, Eversheds, DLA Piper and Baker & McKenzie, have joined the pharmaceutical giant's legal panel.

    1 minute read

  • June 22, 2009 |

    Public and regulatory law

    DLA Piper and Reed Smith take on the practice issues as Alex Aldridge investigates legal careers in the public sector.

    1 minute read

  • June 18, 2009 |

    Public and regulatory law: The good Bad Bank Act

    Work has started after the German Federal Cabinet passed its draft of the Bad Bank Act. The intention is to relieve the banks from toxic assets in nine steps, but the next monster is already lurking: the consolidation bank.

    1 minute read

  • June 10, 2009 |

    Reed Smith chief Jordan sees off leadership challenge

    Reed Smith's veteran chief, Greg Jordan, has defeated a leadership challenge that threatened to end his nine-year run at the helm of the top 25 US law firm. Philadelphia-based employment partner John DiNome has decided he will no longer run against Jordan to serve as the firm's global managing partner and chairman of its executive team.

    1 minute read

  • May 21, 2009 |

    Kilpatrick Stockton closes down London office

    US law firm Kilpatrick Stockton has shut up shop in London, it has emerged. Following a steady stream of partner departures from the London office over the past five years the firm made the decision to close its City outpost in March. The news follows the departure of corporate specialist and former office head Ken Boehner for IP specialist Bristows, announced yesterday (20 June). Meanwhile, arbitration specialists Stephen York and Shai Wade moved to Reed Smith in February 2008, and IP specialist Helen Newman joined Olswang in June 2007.

    1 minute read

  • May 21, 2009 |

    Reed Smith loses another as City tax head quits for Fladgate

    Reed Smith has lost its UK tax chief with Huw Witty quitting the firm to join City firm Fladgate Fielder. Witty will join Fladgate at the end of July after eight years as a partner with Reed Smith, including six as a partner with Richards Butler before the 2007 merger. Prior to joining the legacy firm, Witty was a partner at Nabarro. He will join Fladgate's two partner tax team in London and will advise clients on corporate taxation and international tax, with a link into the firm's property practice.

    1 minute read