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  • July 23, 2008 |

    Top trio win roles on £1.1bn Lion Capital buy-out

    Linklaters, Weil Gotshal & Manges and DLA Piper have all landed lead roles on the £1.1bn sale of Foodvest to private equity group Lion Capital. Foodvest is one of the largest frozen food manufacturers in Europe with a major presence in UK, France and Scandinavia, housing brands such as Findus, Young's and Admiral Pie.

    1 minute read

  • July 17, 2008 |

    Keeping it in the family: paternity leave goes mainstream at top firms

    Real men put their careers on hold for babies. At some of the most profitable and hard-driving law firms in the nation, paid paternity leave for new dads, ranging from two to 10 weeks, is now the norm, a perk as basic as a shiny BlackBerry.More striking is that men under 40 - even those with partnership aspirations - aren't hesitating to take the leave, according to interviews with lawyers at nearly a dozen firms. At Kirkland & Ellis, 78 men at the 1,300-lawyer firm took paternity leave in 2007. About 50 of them took four-and-a-half weeks, says partner Jay Lefkowitz, a member of the firm's management committee. He notes that the firm now offers six weeks of paid paternity leave and that "the numbers [of people taking the leave] have been increasing".

    1 minute read

  • July 16, 2008 |

    Rising in the east

    UK-qualified lawyers are in huge demand in China, with law firms looking for people with partnership potential. Philip Hoult looks at the state of play in the Asia-Pacific legal markets

    1 minute read

  • July 13, 2008 |

    US firms in London – time to forget Sonnenschein

    Being in its own way such a tight community, a few isolated episodes can have an impact for a very long time within the global-yet-narrow confines of the…

    1 minute read

  • July 9, 2008 |

    US Firms in London: Tough talking

    US law firms remain publicly committed to expanding their London offices despite wider concerns that it could take until 2010 for current economic conditions to improve. This is the key finding of Legal Week's annual US law firms in London survey, which reveals that 86% plan to increase their headcount over the next 18 months. This is only slightly less than in 2007, when 91% of US firms earmarked further growth for their London operations.

    1 minute read

  • July 9, 2008 |

    Skadden and CC win $3.6bn News Corp roles

    Skadden Arps Slate Meagher & Flom and Clifford Chance (CC) have landed lead roles on the proposed $3.6bn (£1.8bn) sale of NDS Group by its parent company, broadcasting giant News Corp.

    1 minute read

  • July 9, 2008 |

    ...Legal Week Lunchbox: 09/07/08...

    The five most popular articles on legalweek.com today; the pick of the day's posts; and more

    1 minute read

  • July 7, 2008 |

    Shearman corporate chief set to join Weil Gotshal

    Shearman & Sterling's respected head of corporate Peter King is set to join Weil Gotshal & Manges as a partner in the US firm's corporate team. King will join Weil Gotshal at the end of the month and will be charged with building the firm's M&A practice.King joined Shearman in 2003 from Linklaters, where he trained and became a partner in 1990. At Shearman he was responsible for the development of the London M&A and equity capital markets strategy.

    1 minute read

  • July 7, 2008 |

    ...Legal Week Lunchbox: 07/07/08...

    The five most popular articles on legalweek.com today; the pick of the day's posts; and more

    1 minute read

  • July 4, 2008 |

    Weil Gotshal freezes London NQ pay at £90k

    Weil Gotshal & Manges has frozen its salaries for newly-qualified (NQ) lawyers at £90,000 this year after last year's 20% boost. The mid-Atlantic firm is set to keep all pay bands static. Three-year qualified lawyers at the firm currently take home £144,660.Despite not making any changes to its pay scale, the firm's NQ rates still make it one of the top payers in London, in line with many of the Wall Street elite.

    1 minute read