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  • January 29, 2010 |

    Ropes & Gray builds City office with hire of Weil restructuring partner

    Ropes & Gray is set to bring in Weil Gotshal & Manges restructuring partner Tony Horspool. Horspool is expected to join the Boston firm on 1 March, less than two years after joining Weil from Cadwalader Wickersham & Taft in April 2008.

    1 minute read

  • January 28, 2010 |

    Weil Gotshal leads for Advent on £190m buyout as private equity revival continues

    Weil Gotshal & Manges' London office has closed its third private equity deal this year, advising Advent International on its £190m acquisition of pension trust Xafinity from Duke Street Capital. The Weil team - headed up by private equity partner Marco Compagnoni alongside finance partner Michel Nicklin and private equity partner Jonathan Wood - advised long-term client Advent on the buyout of the group, which employs 1,400 staff and oversees the payment of £11bn a year to UK pensioners.

    1 minute read

  • January 27, 2010 |

    A&O in front seat on Dutch car maker's $400m deal to save Saab

    Allen & Overy (A&O) has taken a lead role as General Motors (GM) and Spyker reached an agreement for the purchase of Saab Automobile yesterday (26 January) after months of discussions. The magic circle firm advised Spyker on the deal, which has been agreed at a cut-price value of $400m (£247m) in cash and shares, but will see the small Dutch auto maker save the Saab brand from disappearing after GM announced plans to wind down operations late last year.

    1 minute read

  • January 27, 2010 |

    Exclusive access

    Representing status, success and wealth, the member's club has long been part of the City scenery. But with a growing wave of modern, fashionable entrants into the market, joining a club does not have to mean evenings sipping whisky in wingback chairs.

    1 minute read

  • January 21, 2010 |

    Vodafone appoints former Reuters general counsel as new legal chief

    Telecoms giant Vodafone has appointed former Reuters legal chief Rosemary Martin as its group general counsel and company secretary. Martin will take up her new role on 1 April, replacing Stephen Scott, who is retiring after 30 years with the company.

    1 minute read

  • January 19, 2010 |

    Weil takes debut role for Canadian pension fund on Europe investment

    Weil Gotshal & Manges has acted for new client the Ontario Teachers' Pension Plan on its debut European direct investment. The private equity arm of the Canadian pension fund is set to buy Acorn Care and Education - which provides foster care and schools for children with learning disabilities - for a reported £150m from Phoenix Equity Partners and Acorn's management after outbidding UK buyout house HG Capital.

    1 minute read

  • December 22, 2009 |

    Weil Gotshal and Skadden lead on $1.9bn Sanofi-Aventis buyout

    Weil Gotshal & Manges and Skadden Arps Slate Meagher & Flom have taken lead roles on Sanofi-Aventis's $1.9bn (£1.2bn) purchase of consumer care products company Chattem, reports The Am Law Daily. The acquisition, set to create the fifth-largest consumer products company in the world, will give the French pharmaceutical company a toehold in the over-the-counter drugs market.

    1 minute read

  • December 21, 2009 | International Edition

    Law firm management: The hard sell

    "A consultant is a man who asks you for your watch and then tells you the time with it." Probably one of the more polite descriptions by one managing partner of the band of consultants circling law firms as the recession batters a profession that had grown used to unbroken growth. Though the legal sector has not been a major target for the consultancy industry until very recently, there are an increasing number of widely varying consultants aiming to advise firms on everything from marketing, client relationship management, IT general strategy and everything inbetween.

    1 minute read

  • December 21, 2009 |

    Law firm management: The hard sell

    "A consultant is a man who asks you for your watch and then tells you the time with it." Probably one of the more polite descriptions by one managing partner of the band of consultants circling law firms as the recession batters a profession that had grown used to unbroken growth. Though the legal sector has not been a major target for the consultancy industry until very recently, there are an increasing number of widely varying consultants aiming to advise firms on everything from marketing, client relationship management, IT general strategy and everything inbetween.

    1 minute read

  • December 21, 2009 |

    Training and education: All tied up

    The last few years have seen the College of Law, BPP Law School and, to a lesser extent, Kaplan Law School jostle with each other to secure tie-ups with the top law firms. In the main, firms have been receptive to their advances, with the result being that the vast majority of UK top 20 law firms - and many top 50 firms and US firms with London offices - now have arrangements in place to send their future trainees to study the Graduate Diploma in Law (GDL) and Legal Practice Course (LPC) exclusively with a certain course provider.

    1 minute read