• November 30, 2011 |

    Shearman reveals London diversity stats, with women making up 20% of partnership

    Shearman & Sterling has become the first US firm in London to publish diversity statistics ahead of a controversial requirement from the Legal Services Board (LSB) that will make such reporting compulsory from December 2012.

    1 minute read

  • November 16, 2011 |

    The Cadbury hero - Hank Udow on his new role at Reed Elsevier and the epic Cadbury takeover

    Ex-Cadbury GC 
Hank Udow tells Friederike Heine how his legal team coped with Kraft's takeover

    1 minute read

  • November 16, 2011 |

    SJB, CC and others act as music company EMI split in two and sold

    SJ Berwin and Clifford Chance (CC) are among a host of firms to win roles as beleaguered music company EMI is split into two, with Universal Music set to take over the recording unit for £1.2bn and a Sony-led consortium bidding $2.2bn (£1.4bn) for the publishing business. EMI, home to artists including Pink Floyd, the Beatles and Blur, has been under Citigroup's ownership since February this year when it took it over from buyout house Terra Firma.

    1 minute read

  • November 11, 2011 |

    Shearman and Clifford Chance advise on $5.4bn Chilean copper deal

    Clifford Chance (CC) and Shearman and Sterling have advised as London mining giant Anglo American agreed to sell a share of its Chilean copper business to Mitsubishi for $5.39bn (£3.38bn).

    1 minute read

  • November 11, 2011 |

    SJ Berwin and CC lead as Universal and Sony-consortium split EMI

    SJ Berwin and Clifford Chance (CC) are among a host of firms to win roles as beleaguered music company EMI is to be split into two, with Universal Music set to take over the recording unit for £1.2bn and a Sony-led consortium bidding $2.2bn (£1.4bn) for the publishing business.

    1 minute read

  • November 1, 2011 |

    DLA, Vinson lead on TNK-BP's $1bn Brazilian energy project investment

    DLA Piper and Vinson & Elkins have won lead roles on TNK-BP's $1bn (£628m) acquisition of a 45% stake in a project pursuing oil and gas deposits in the Amazon basin in Brazil, reports The Am Law Daily. The deal is the first in Brazil for TNK-BP, a joint venture between oil giant BP and a consortium of Russian investors known as Alfa-Access-Renova.

    1 minute read

  • October 26, 2011 |

    Nabarro, Freshfields win roles as Daimler appoints legal panel and names new GC

    Shearman & Sterling, Freshfields Bruckhaus Deringer, Skadden Arps Slate Meagher & Flom, Nabarro and Willkie Farr & Gallagher have all won roles on German car company Daimler's inaugural legal panel. The mandates will see the firms advise the company across the UK, Continental Europe and the US.

    1 minute read

  • October 13, 2011 |

    CC adds partner to London high yield practice with Latham hire

    Clifford Chance (CC) has added a high yield finance partner in London office with the hire of Latham & Watkins senior associate Fabio Diminich. Diminich, who began his career as an associate with Weil Gothsal & Manges in Washington DC, joined CC earlier this week (10 October).

    1 minute read

  • October 12, 2011 |

    Clydes, Mishcons and A&O head up nominees for Firm of the Year at British Legal Awards

    Clyde & Co, Allen & Overy (A&O) and Mishcon de Reya are among the firms shortlisted for Law Firm of the Year at the 2011 British Legal Awards. The trio have been nominated for the coveted award alongside Hogan Lovells, Kirkland & Ellis and Stephenson Harwood. A&O and Hogan Lovells have also both been nominated for the M&A Team of the Year Award, alongside magic circle duo Slaughter and May and Freshfields Bruckhaus Deringer and US firms Shearman & Sterling and Skadden Arps Slate Meagher & Flom.

    1 minute read

  • October 12, 2011 |

    Global 100: Empire builders - does globalisation equal profit?

    Since the early days of the Global 100 survey, globalisation and profit have seemingly grown hand in hand. For the top 50 firms in 1999 – the first year that The American Lawyer published profits per equity partner (PEP) for what was then the Global 50 – the proportion of lawyers employed outside each firm's home country doubled, while PEP more than doubled. But whether there is a causal relationship between global expansion and financial success is unclear, whether one charts the performance of individual firms in a single year or over time. Star performers may be found among the most stubborn homebodies, like Slaughter and May, and the most persistent imperialists, like Allen & Overy (A&O).

    1 minute read