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  • November 21, 2007 |

    Financial services: Boiling over

    Boiler rooms are illegal offices which seek out consumers through unsolicited phone calls or circulars, promoting and selling overpriced, non-existent or non-tradeable shares. The boiler rooms then often vanish, leaving investors reeling from financial losses and owning shares which have little or no value to them. Boiler rooms are mainly based overseas, therefore the Financial Services Authority (FSA) has generally not been able to shut them down directly.

    1 minute read

  • November 14, 2007 |

    Reed Smith holds back partner pay for legacy firm's non-equity rank

    Legacy Richards Butler salaried partners are to have 20% of their annual pay held back at the start of next year, as part of a package of measures designed to tie them into the firm and bill more quickly.

    1 minute read

  • November 14, 2007 |

    Chadbourne/Watson Farley: the slow road to nowhere

    Well before Watson Farley & Williams and Chadbourne & Parke announced that their transatlantic merger talks had been called off, the smart money…

    1 minute read

  • November 7, 2007 |

    DLA Piper gets set to touch down in Qatar

    Expansionary transatlantic giant DLA Piper is set to launch an office in Qatar by the end of the year as it emerges that Reed Smith Richards Butler has also applied for a licence to practise in the Gulf region. DLA Piper has approved the opening of the office, including plans to relocate US projects partner Stewart Diana from Baltimore to head the new outfit.

    1 minute read

  • November 7, 2007 |

    Deal Week Dispatch: 7/11/2007

    Deal Week Dispatch brings readers an early taster of news from Legal Week's unparalleled deals coverage, with Ashurst, Norton Rose and Travers Smith among the movers and shakers

    1 minute read

  • October 25, 2007 |

    Govt review to address if US firms should disclose results

    US law firms in London are on heightened alert this month ahead of a Government consultation which is expected to address whether US limited liability partnerships (LLPs) operating in the City should be required to disclose their financial results.

    1 minute read

  • October 24, 2007 |

    Reed Smith to reap rewards of high-earning HK platform

    Expansive US national law firm Reed Smith has secured a major platform for Asian growth after last Thursday (18 October) brokering its long-planned merger with Richards Butler's profitable Hong Kong arm.

    1 minute read

  • October 19, 2007 |

    Reed Smith secures Richards Butler HK deal

    US national giant Reed Smith has finally brokered a deal to merge with Richards Butler's legacy Hong Kong arm, the US firm announced today (19 October). The deal, which goes live on 1 January, 2008, will see all 28 Hong Kong partners join Reed Smith's partnership.

    1 minute read

  • October 19, 2007 |

    ...Legal Week Lunchbox: Weekend Special 19/10/07...

    The five most popular articles on legalweek.com today; the pick of the day's posts; and all the usual fun in a bumper pre-weekend Lunchbox

    1 minute read

  • October 17, 2007 |

    Watson Farley taps Reed Smith for trade team hire

    Watson Farley & Williams has hired Reed Smith Richards Butler trade and commodities partner Celia Gardiner to join its international finance group.

    1 minute read