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  • January 10, 2012 |

    MoFo wraps up Hong Kong capital markets deal hat-trick

    Morrison & Foerster (MoFo) has completed three multimillion-dollar listings on the Hong Kong stock exchange in recent weeks, as Asian capital markets continues to grow in importance for international law firms. The US firm advised the underwriters - China International Capital Corporation, UBS and RBS - on the $300m (£194m) initial public offering (IPO) of Chinese power company Guodian Technology and Environment Group, which listed on 30 December.

    1 minute read

  • January 10, 2012 |

    Shearman seals hire of Ashurst energy partner for London office

    Shearman & Sterling is set to bulk up its London projects practice with the hire of Ashurst energy partner John Inglis. Inglis, who joined Ashurst from Norton Rose in 2007, is a member of the firm's energy transport & infrastructure team in London, focusing on the development and financing of energy projects in Europe, the Middle East and Africa.

    1 minute read

  • January 6, 2012 |

    Kirkland boosts pay for new London qualifiers by 8% to £97,000

    Kirkland & Ellis has increased newly-qualified lawyer (NQ) salaries to £97,000 in a move which will bring it in line with rival US firms including Weil Gotshal & Manges. The salary increase, which represents an 8% increase on last year's rate of £90,000, places the firm at the top end of the US firm salary spectrum.

    1 minute read

  • December 22, 2011 |

    Shearman's MacRitchie set for GC role at UK Green Investments

    Shearman & Sterling London-based project finance partner Kenneth MacRitchie is set to leave the firm at the end of this month to join UK Green Investments as general counsel. MacRitchie, who was a partner in Shearman's London office for 15 years, focuses on advising lenders in the oil & gas, petrochemicals, transport, power & gas and telecoms industries. He previously headed the US firm's London office, before being replaced by Anthony Ward in 2008.

    1 minute read

  • December 22, 2011 |

    Weil promotes one partner in London as 11 make the grade

    Weil Gotshal & Manges has become the latest US firm to announce its partners promotions with only one lawyer making the cut in the City. Jamie Maples, a member of the London arbitration team for more than eight years, has acted in a wide range of major international commercial disputes including telecoms infrastructure work and - most recently - hedge fund investments.

    1 minute read

  • December 16, 2011 |

    Soc Gen names new panel with dozen firms winning places

    Societe Generale has concluded a review of its global panel, with firms including Allen & Overy and Herbert Smith appointed. The roster, which will take effect in the New Year (1 January), also sees UK firms Clifford Chance, Hogan Lovells, Norton Rose and Simmons & Simmons winning places.

    1 minute read

  • December 16, 2011 |

    Davis Polk, Clifford Chance latest to announce US bonus rates

    Davis Polk & Wardwell has become the latest firm to announce US associate bonuses, with the firm opting to match rates first set by Wall Street rival Cravath Swaine & Moore last month, writes The Am Law Daily. Like Cravath, Davis Polk's bonus scale starts at $7,500 (£4,800) for those in the class of 2010 and increases incrementally to $37,500 (£24,200) for the class of 2004, according to an announcement sent out to the firm's associates on Monday (12 December).

    1 minute read

  • December 15, 2011 |

    Shearman adds four to City partnership in annual promotion round

    Shearman & Sterling has become the latest US firm to announce its global partner promotions, with nearly half of new partners joining in the firm's City office. Thomas Donegan is joining the global financial regulatory practice area in London, while Peter Hayes will be joining the finance department. M&A lawyer Jeremy Kutner and bankruptcy specialist Solomon Noh have also been promoted in London.

    1 minute read

  • December 7, 2011 |

    London Office of the Year: Weil Gotshal & Manges

    Weil Gotshal & Manges has dubbed 2011 "the most strategically significant year for its London office since it was launched 15 years ago". The judges were suitably impressed with the evidence to support this statement, including a hugely impressive roster of senior partner hires from leading UK rivals. In recent months the office, which is led by Mike Francies, has hired partners from Jones Day, Ashurst, Shearman & Sterling and Debevoise & Plimpton.

    1 minute read

  • December 7, 2011 |

    M&A Team of the Year: Slaughter and May

    Slaughter and May's work advising British Airways (BA) on its 
merger with Spanish airline Iberia secures it the highly-prized M&A Team of the Year Award. The deal was a complex one, given that it involved two flagship national airlines operating within a highly-regulated sector. It drew on Slaughters' expertise in corporate, capital markets, regulatory, tax and commercial law. The merger was completed in January 2011 and created a new holding company, International Consolidated Airlines Group (IAG). It is one of the world's largest airlines, and the second-largest in Europe, having a market value £5.3bn at the time of the merger.

    1 minute read