• November 29, 2012 |

    The view from 9th Avenue – the emerging challenges facing New York's elite

    "Who we are hasn't changed at all in some ways over the years. At a partners' meeting recently someone showed me a letter written by Paul Cravath in 1920 and it was almost the same format that we use today," reflects Cravath Swaine & Moore incoming presiding partner Allen Parker. "Really, it was almost identical." Welcome to Manhattan, the most singular, individualistic, contradictory and competitive legal market in the world. As the rest of the global legal profession changes to reflect the impact of the post-Lehman Brothers world and the rise of finance hubs and economies in the east, it seems that many lawyers in Manhattan's hermetically sealed environment carry on as if little has changed.

    1 minute read

  • November 22, 2012 |

    Travers takes top law firm prize at British Legal Awards 2012

    Travers Smith, Norton Rose and LV= were among the prize winners at last night's (22 November) British Legal Awards, which took place at London's Old Billingsgate Market. Travers saw off competition from Berwin Leighton Paisner, Clifford Chance, Latham & Watkins, Mishcon de Reya and Olswang to scoop the coveted Law Firm of the Year award.

    1 minute read

  • November 22, 2012 |

    Milbank to take on London trainees as firm bolsters City practice

    The London arm of Milbank Tweed Hadley & McCloy is to start taking on trainees as part of its strategy to grow its UK law practice. London managing partner Russell Jacobs said the firm is looking to take on one or two trainees in 2013, with this set to rise to four or five from 2014 once it starts targeting universities for recruitment efforts.

    1 minute read

  • November 20, 2012 |

    Sony Pictures TV recruits Wiggin lawyer for senior in-house role

    Sony Pictures Television (SPT) has hired Wiggin's Richard Parsons, the former director of corporate finance and legal affairs at BBC Worldwide, as senior vice president for corporate business and legal affairs in its international production division. Parsons, most recently a consultant at media-focused firm Wiggin, will lead corporate business affairs for SPT's international production operations outside the US. His London-based role will primarily involve managing deal execution on acquisitions, joint ventures and strategic partnerships.

    1 minute read

  • November 13, 2012 |

    Freshfields partner exits for top legal role at BP European arm

    Freshfields Bruckhaus Deringer Germany corporate partner Hildegard Bison has left the firm to take up the role of of legal head at BP Europa and assistant GC of the global oil giant. Bison started at BP Europa - which covers BP's operations in Germany, Belgium, the Netherlands, Switzerland, Austria and Poland - on 1 November this year.

    1 minute read

  • November 8, 2012 |

    US firms score lead roles on Nike's £140m sale of sports brand Umbro

    US trio Skadden Arps Slate Meagher & Flom, Blank Rome and White & Case have advised on a deal that will see Nike sell iconic English sports brand Umbro to US clothing company Iconix Brand Group for £140m.

    1 minute read

  • November 8, 2012 |

    UK duo act as Japan pharma co takes GSK-Pfizer JV stake

    Allen & Overy (A&O) and Slaughter and May are among a line-up of top law firms advising on Japanese pharma group Shionogi's purchase of a 10% stake in Pfizer and GlaxoSmithKline's (GSK) joint venture ViiV Healthcare.

    1 minute read

  • November 1, 2012 |

    US law firms tap China's go-private market amid global IPO slump

    Latham and Kirkland among firms benefiting from booming take-private sector, says Elizabeth Broomhall

    1 minute read

  • October 31, 2012 | International Edition

    Latham and Skadden use the force on Disney's $4bn Lucasfilm purchase

    Latham & Watkins and Skadden Arps Slate Meagher & Flom have taken starring roles on The Walt Disney Company's $4.05bn (£2.5bn) acquisition of Lucasfilm, one of the most high-profile M&A deals of the year. Lucasfilm, which is 100% owned by chairman and founder George Lucas, is the production company behind the Star Wars and Indiana Jones film franchises. The stock and cash deal will see Disney pay approximately half in cash and issue around 40 million shares.

    1 minute read

  • October 31, 2012 |

    Latham and Skadden use the force on Disney's $4bn Lucasfilm purchase

    Latham & Watkins and Skadden Arps Slate Meagher & Flom have taken starring roles on The Walt Disney Company's $4.05bn (£2.5bn) acquisition of Lucasfilm, one of the most high-profile M&A deals of the year. Lucasfilm, which is 100% owned by chairman and founder George Lucas, is the production company behind the Star Wars and Indiana Jones film franchises. The stock and cash deal will see Disney pay approximately half in cash and issue around 40 million shares.

    1 minute read