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  • February 27, 2008 |

    Iberia: Home advantage

    In contrast to their Italian neighbours across the Mediterranean sea, Spanish lawyers and law firms have been a model of stability over the years - particularly at the top end of legal practice. Despite the incursion of international firms, the entrance of the major accounting firms into the legal market and the breakneck growth of the Spanish economy, the legal sector has been characterised by the apparently serene progression of its leading law firms from small local players into some of continental Europe's largest and most successful independent law firms. In 2007, according to Mergermarket, the three leading firms - Uria Menendez (advising on deals worth E99.8bn (£71.8bn)), Cuatrecasas, (E34.7bn (£24.9bn)) and Garrigues (E49.6bn (£35.6bn)) occupied the first three positions, with other local leaders Gomez-Acebo and Perez-Llorca not far behind.

    1 minute read

  • February 20, 2008 | International Edition

    Commentary: AIM lawyers taking a mature view of City's junior market

    "AIM? I'm bloody gasping. Bring on the next cycle," says one battered veteran. Quite. Capital markets lawyers have long passed the pretence of cautious optimism when it comes to the state of London's junior market. Yet such gloom has so far done nothing to shake advisers' long-term commitment to the Alternative Investment Market (AIM). No-one is denying, of course, that the exchange is much quieter than it was during the heady years of 2003-06, with just 12 AIM listings in January worth a paltry £27m. But even though the exchange began to slow long before 'sub' and 'prime' became common parlance, AIM has suffered no worse than other financing markets hit by the prolonged credit malaise - and a good deal better than some.

    1 minute read

  • February 20, 2008 |

    Commentary: AIM lawyers taking a mature view of City's junior market

    "AIM? I'm bloody gasping. Bring on the next cycle," says one battered veteran. Quite. Capital markets lawyers have long passed the pretence of cautious optimism when it comes to the state of London's junior market. Yet such gloom has so far done nothing to shake advisers' long-term commitment to the Alternative Investment Market (AIM). No-one is denying, of course, that the exchange is much quieter than it was during the heady years of 2003-06, with just 12 AIM listings in January worth a paltry £27m. But even though the exchange began to slow long before 'sub' and 'prime' became common parlance, AIM has suffered no worse than other financing markets hit by the prolonged credit malaise - and a good deal better than some.

    1 minute read

  • February 12, 2008 |

    Gibson Dunn gains Jones Day LA corporate chief

    Gibson Dunn & Crutcher has boosted its Los Angeles corporate practice with the hire of a senior partner from Jones Day. Jai Pathak joined Gibson Dunn as partner on Monday (11 February). His practice focuses on cross-border M&A, as well as infrastructure development and private equity. He has advised clients including Goldman Sachs, Motorola and the Indian Government.

    1 minute read

  • February 11, 2008 |

    The best 10 albums of 2007

    Reed Smith music lawyer Gregor Pryor on his favourite 10 best albums of 2007. It's not every day you see Britney and the Wu Tang mentioned in the same breath...

    1 minute read

  • February 5, 2008 |

    ...Legal Week Lunchbox 5/02/08...

    The five most popular articles on legalweek.com today; the pick of the day's posts; and AmLaw's Richard Lloyd on White & Case's City success story

    1 minute read

  • February 4, 2008 | International Edition

    Orrick builds City team with Jones Day heavyweight

    Orrick Herrington & Sutcliffe has hired Jones Day corporate veteran Hilary Winter as the expansive US law firm moves to bolster its City M&A practice. Winter joined Orrick today (4 February) after 23 years with Jones Day and legacy City practice Gouldens. The departure will be seen as notable as Winter was one of Jones Day's highest profile corporate partners and was instrumental in Gouldens' decision to merge with Jones Day in 2003.

    1 minute read

  • February 4, 2008 |

    Orrick builds City team with Jones Day heavyweight

    Orrick Herrington & Sutcliffe has hired Jones Day corporate veteran Hilary Winter as the expansive US law firm moves to bolster its City M&A practice. Winter joined Orrick today (4 February) after 23 years with Jones Day and legacy City practice Gouldens. The departure will be seen as notable as Winter was one of Jones Day's highest profile corporate partners and was instrumental in Gouldens' decision to merge with Jones Day in 2003.

    1 minute read

  • January 31, 2008 | International Edition

    Elite US firms struggle to attract senior partner hires in the City

    Lateral partner hires among elite US firms in London have slowed during the last year, according to research from Legal Week, which illustrates the uphill struggle faced by US firms attempting to recruit leading names in the City.The survey of hiring trends at 23 US firms in London found they made a total of 65 lateral hires in 2007, up from 58 the previous year but down on 2005, when hiring activity peaked and 70 lawyers were recruited.Significantly, some of the US' top firms saw a fall in partner-hiring activity with 10 firms, including Latham & Watkins, Kirkland & Ellis, Weil Gotshal & Manges and Baker & McKenzie, all reporting a drop in lateral appointments.

    1 minute read

  • January 31, 2008 |

    Elite US firms struggle to attract senior partner hires in the City

    Lateral partner hires among elite US firms in London have slowed during the last year, according to research from Legal Week, which illustrates the uphill struggle faced by US firms attempting to recruit leading names in the City.The survey of hiring trends at 23 US firms in London found they made a total of 65 lateral hires in 2007, up from 58 the previous year but down on 2005, when hiring activity peaked and 70 lawyers were recruited.Significantly, some of the US' top firms saw a fall in partner-hiring activity with 10 firms, including Latham & Watkins, Kirkland & Ellis, Weil Gotshal & Manges and Baker & McKenzie, all reporting a drop in lateral appointments.

    1 minute read