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  • February 14, 2008 |

    Weil rebuilds RBS relationship after dispute

    Weil Gotshal & Manges has settled its differences with the Royal Bank of Scotland (RBS) after being 'blacklisted' from working with the bank during a $100m (£51m) legal dispute. Legal Week has learned that Weil Gotshal has started to rebuild its relationship with the bank after settling the dispute last year. Partners concede that they did not receive work during the long-running dispute but, now the claim has settled, the path is clear for future instructions.

    1 minute read

  • February 13, 2008 |

    US duo kop Liverpool FC refinancing roles

    Weil Gotshal & Manges and Winston & Strawn have bagged roles advising on the £350m refinancing of Liverpool Football Club.The deal, which closed at the end of last month (25 January), saw Weil Gotshal advising Liverpool FC's parent company, Kop Football, with Winston & Strawn advising one of Kop's co-owners, George Gillett. Weil Gotshal's team on the refinancing was led by London finance partner Richard Ginsburg, assisted by real estate counsel Rupert Jones.

    1 minute read

  • February 13, 2008 |

    ...Legal Week Lunchbox 14/02/08...

    The five most popular articles on legalweek.com today; the pick of the day's posts; and a new Career Clinic dilemma

    1 minute read

  • February 7, 2008 | International Edition

    US firms move to protect European partners as dollar slump continues

    A growing number of leading US law firms are moving to shield European partners and associates from the prolonged slump in the dollar, it has emerged. Firms including Latham & Watkins and Orrick Herrington & Sutcliffe are reviewing provisions for partners in overseas offices, while several elite Wall Street firms have already moved to guarantee packages for UK-based associates.Both Latham and Orrick already have hedging provisions in place to offset currency risk but are now reviewing their models in a bid to remain competitive in Europe. Crucially, many firms claim the poor exchange rate has made lateral partner recruitment in the City much more difficult.

    1 minute read

  • February 7, 2008 |

    US firms move to protect European partners as dollar slump continues

    A growing number of leading US law firms are moving to shield European partners and associates from the prolonged slump in the dollar, it has emerged. Firms including Latham & Watkins and Orrick Herrington & Sutcliffe are reviewing provisions for partners in overseas offices, while several elite Wall Street firms have already moved to guarantee packages for UK-based associates.Both Latham and Orrick already have hedging provisions in place to offset currency risk but are now reviewing their models in a bid to remain competitive in Europe. Crucially, many firms claim the poor exchange rate has made lateral partner recruitment in the City much more difficult.

    1 minute read

  • February 6, 2008 | International Edition

    Hiring trends at US firms in London fail to match 2005 five-year high

    US firms hired 67 partners across the City in 2007 - a slight dip on the recruitment peak of 2005, despite last year's booming markets. Legal Week research into hiring trends at 24 of the US' biggest players in the UK found that while recruitment activity was up on 2006 - when 60 partners joined US practices - it failed to match 2005's five-year high of 72.Much of the activity came in the mid-market. Mayer Brown was the biggest lateral recruiter of 2007, with the firm bringing in nine partners, including two high-profile names - McDermott Will & Emery corporate partner William Charnley and Ashurst real estate partner Gary Watson.

    1 minute read

  • February 6, 2008 |

    Hiring trends at US firms in London fail to match 2005 five-year high

    US firms hired 67 partners across the City in 2007 - a slight dip on the recruitment peak of 2005, despite last year's booming markets. Legal Week research into hiring trends at 24 of the US' biggest players in the UK found that while recruitment activity was up on 2006 - when 60 partners joined US practices - it failed to match 2005's five-year high of 72.Much of the activity came in the mid-market. Mayer Brown was the biggest lateral recruiter of 2007, with the firm bringing in nine partners, including two high-profile names - McDermott Will & Emery corporate partner William Charnley and Ashurst real estate partner Gary Watson.

    1 minute read

  • February 6, 2008 |

    Dealmaker: Alan Samson

    Confirmed deal junkie Alan Samson co-heads Gibson Dunn & Crutcher's highly rated real estate team

    1 minute read

  • February 5, 2008 | International Edition

    Weil's Hampton makes HgCapital in-house switch

    Weil Gotshal & Manges private equity consultant Alison Hampton has bagged a senior legal role at buy-out house HgCapital, taking on the mantle of group general counsel and compliance officer. Hampton will leave the US firm's London office at the beginning of next month to take up the role leading the private equity firm's legal group.

    1 minute read

  • February 5, 2008 |

    Weil's Hampton makes HgCapital in-house switch

    Weil Gotshal & Manges private equity consultant Alison Hampton has bagged a senior legal role at buy-out house HgCapital, taking on the mantle of group general counsel and compliance officer. Hampton will leave the US firm's London office at the beginning of next month to take up the role leading the private equity firm's legal group.

    1 minute read