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  • March 7, 2007 |

    Mayer Brown London office avoids brunt of 45-partner de-equitisation

    Mayer Brown Rowe & Maw's London arm looks set to come away largely unscathed from the firm's restructuring, in which 45 partners will be axed from its equity - equivalent to around 10% of its equity partnership. The firm, which announced the cuts last week as part of a drive to boost profits, will remove 42 US partners from its equity partnership, with only three further cuts coming elsewhere. This means the 104-partner London office is unlikely to see many departures.

    1 minute read

  • March 7, 2007 | International Edition

    Commentary: US City results: for whom the bellwether tolls

    If there is one theme emerging from the figures for US firms' London outposts in 2006, it is just how divergent this amorphous group has become - particularly the more established players. On paper, 2006 should have been a great year: markets booming, M&A activity up and UK firms of all sizes mostly announcing record results.

    1 minute read

  • March 7, 2007 |

    Commentary: US City results: for whom the bellwether tolls

    If there is one theme emerging from the figures for US firms' London outposts in 2006, it is just how divergent this amorphous group has become - particularly the more established players. On paper, 2006 should have been a great year: markets booming, M&A activity up and UK firms of all sizes mostly announcing record results.

    1 minute read

  • March 7, 2007 |

    EMI reshuffles legal team

    Music giant EMI reshuffled its legal team last month, promoting Chris Ancliff to the top legal job as veteran general counsel Charles Ashcroft stepped down from the role. Ashcroft, who had been general counsel at EMI for more than 10 years, said he was making the move for health reasons but would remain at the music group as company secretary.

    1 minute read

  • March 5, 2007 |

    Mayer Brown cull is long overdue

    When Mayer Brown Rowe & Maw took the unusual step of appointing what was effectively a three-man committee to run the firm on the impending retirement…

    1 minute read

  • March 5, 2007 |

    Mayer Brown set for 10% equity cull

    Mayer Brown Rowe & Maw has drawn up plans to axe 45 partners from its equity - equivalent to around 10% of its equity partnership - in a bid to boost profitability at the Chicago giant. Most of the de-equitisations are likely to take place across the firm's US offices, although it is not yet known which offices and practice groups will take the biggest hit.

    1 minute read

  • February 21, 2007 |

    Iberia: Beyond borders

    Where would you rank Spain in a league table of the world's largest economies? Having been in 16th place 10 years ago, it now sits at number eight, according to World Bank research. Last year, Spain also joined an elite group of the 10 countries that boast the most dollar millionaires; according to a wealth report produced by investment bank Merrill Lynch, there are now 148,600 of them.

    1 minute read

  • February 19, 2007 |

    White & Case in five-partner raid on Mayer Brown

    White & Case has beefed up its New York office with the hire of a five-partner finance team from Mayer Brown Rowe & Maw. The team, who all practise in Mayer Brown's New York office, consists of finance partners Nazim Zilkha, Kenneth Suh, Jeffrey Whyte, Jin Kim and Ronald Brody.

    1 minute read

  • February 6, 2007 |

    New EMI general counsel to launch in-house revamp

    EMI is set to revamp its in-house legal team following the news that Chris Ancliff is taking on the top legal job at the music giant, replacing veteran general counsel Charles Ashcroft in the role. Ashcroft announced this week that he was to step down from the job after more than 10 years as group general counsel for health reasons, enabling him to concentrate solely on his duties as company secretary.

    1 minute read

  • February 1, 2007 |

    Mayer Brown lands Madrid ally with Ramon deal

    Mayer Brown Rowe & Maw has become the latest US firm to establish a foothold in the buoyant Spanish legal market after arranging an alliance with local firm Ramon & Cajal.

    1 minute read