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  • January 28, 2010 |

    Shearman makes up City litigator to partnership in promotions round

    Shearman & Sterling has promoted one lawyer to its partnership in London, with the firm making up seven lawyers worldwide. The annual promotions round has seen litigator Richard Kelly made up in the City, taking the number of partners in the office to 26.

    1 minute read

  • January 13, 2010 |

    Paved with good intentions

    With the new year comes new resolve. Some of the City's finest give their self-improvement goals...

    1 minute read

  • January 13, 2010 |

    Camerons, Latham and Shearman head up spate of law firm investment in China

    China is seeing a fresh influx of law firm investment with CMS Cameron McKenna, Latham & Watkins and Shearman & Sterling all strengthening their presence in the market. Camerons is set to target Shanghai and Beijing this year, with the firm planning to launch a combined office in China with its French and German CMS alliance firms.

    1 minute read

  • January 13, 2010 |

    Law firm confidence rebounds for 2010

    Senior City lawyers are facing 2010 in a considerably more optimistic mood according to new research, which shows business confidence rising sharply over the last three months. Legal Week's quarterly business confidence survey found that 83% of responding partners expect revenue growth at their own firm over the next 12 months, a result that is up sharply on the last poll in October, when just 58% were expecting growth.

    1 minute read

  • January 7, 2010 |

    Shearman seals Hong Kong boost with hire of corporate partner duo

    Shearman & Sterling has boosted its Hong Kong law capacity with the hire of two partners from O'Melveny & Myers in the region. O'Melveny's Hong Kong corporate head Colin Law and corporate partner Peter Chen have left to set up a local law firm, which will be incorporated into Shearman's Hong Kong office subject to regulatory approval.

    1 minute read

  • January 5, 2010 |

    A&O takes headline role alongside US trio on $28bn Novartis deal

    Allen & Overy (A&O) has advised pharma giant Novartis on its $28bn (£17.4bn) acquisition of a majority stake in Alcon, the world's largest eye-care company, reports The Am Law Daily. The deal is the second stage of a larger transaction originally struck in spring 2008, when Novartis purchased a 25% stake in Alcon for $10.4bn (£6.5bn), handing the company an option to purchase the 52% of the company owned by Nestle.

    1 minute read

  • December 18, 2009 |

    Shearman makes up City litigation associate in promotions round

    Shearman & Sterling has made up seven new partners in this year's promotions round, with the US firm's City office receiving one new partner. Litigation associate Richard Kelly joins the partnership in London, becoming the second partner in the firm's City litigation practice.

    1 minute read

  • December 8, 2009 |

    Managing/senior partner of the year

    In its entry for this category, Weil Gotshal & Manges states confidently that the "Mike Francies Show label has now finally disappeared". As one of the City's best known M&A lawyers, Francies was for some years dogged with accusations that colleagues at the US firm's London office struggled to emerge from his shadow.

    1 minute read

  • November 17, 2009 |

    Trio of firms gear up with roles on takeover of Brawn F1 team

    Shearman & Sterling, Lovells and Taylor Wessing have advised on Mercedes-Benz's takeover of the Brawn GP Formula One team. The three firms took roles on the deal that will see the team rebranded as Mercedes Grand Prix from next season, with founder Ross Brawn remaining as team principal.

    1 minute read

  • November 4, 2009 |

    Lovells and Shearman advise on landmark Syrian project finance deal

    Lovells and Shearman & Sterling have taken the lead on a $682m (£415m) projects deal in Syria, believed to be the first project financing to close in the country. Construction company Lafarge, which is one of the world's largest cement suppliers, is to build a cement plant in northern Syria using project finance loans totalling $341m (£208m).

    1 minute read