• January 10, 2008 |

    Cadwalader next to wield axe as 35 lawyers go in US

    Cadwalader Wickersham & Taft has laid off 35 lawyers, becoming the latest major US law firm to suffer the effects of the credit crunch. In a statement released today (10 January) the firm blamed "unexpected and persistent volatility" in the financial markets for the redundancies, saying disruption in the capital markets was affecting many of its clients.

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  • January 9, 2008 |

    Major US law firms bet on Obama to win 2008 presidential election race

    US law firms are throwing their financial muscle behind the Democrats' attempts to reach the White House, with the legal sector providing more funding to the party's leading candidates than any other industry.

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  • January 4, 2008 |

    US Briefing: Duane Morris chairman Bonovitz steps down

    After 10 years at the helm of Duane Morris, Sheldon Bonovitz has stepped down as chairman and handed over the reins to vice chairman and litigation department head John Soroko. The switch was effective Thursday (3 January) and will start a new chapter in a firm that has tripled in size since Bonovitz, 70, took over as chairman at the beginning of 1998.

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  • December 20, 2007 |

    Skadden snares German Shearman partner

    Skadden Arps Slate Meagher & Flom has strengthened its German offering with the hire of banking partner Johannes Kremer, who joins from US rival Shearman & Sterling. Kremer - who focuses on banking and acquisition finance work - will join Skadden's Frankfurt office in February.

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  • December 14, 2007 | International Edition

    Mergermarket ranks 2007's busiest deal lawyers

    Clifford Chance (CC) Duesseldorf competition partner Marc Besen and Linklaters UK private equity partner Richard Youle have been named as Europe's most active deal-doers for 2007, according to Mergermarket. Individual rankings produced for Legal Week show Besen and Youle have both advised on 15 M&A deals over the calendar year, with both acting on deals worth a combined value of slightly less than €5bn (£3.59bn).

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  • December 14, 2007 |

    Mergermarket ranks 2007's busiest deal lawyers

    Clifford Chance (CC) Duesseldorf competition partner Marc Besen and Linklaters UK private equity partner Richard Youle have been named as Europe's most active deal-doers for 2007, according to Mergermarket. Individual rankings produced for Legal Week show Besen and Youle have both advised on 15 M&A deals over the calendar year, with both acting on deals worth a combined value of slightly less than €5bn (£3.59bn).

    1 minute read

  • December 13, 2007 |

    CC's M&A reshuffle: bringing private equity into the heart of corporate

    So, after months of debate, Clifford Chance (CC) has merged its three mainstream M&A and private equity teams into one large group.While CC says the…

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  • December 12, 2007 |

    Eversheds Brussels outsources EU work as office focuses on local law

    Eversheds is operating without any European Union (EU) lawyers in Brussels, it has emerged, as the firm moves to concentrate the office solely on Belgian law.

    1 minute read

  • December 10, 2007 |

    Ancliff to lead EMI post-takeover legal review

    The legal function of music giant EMI is set for a major overhaul in the wake of the company's acquisition by private equity group Terra Firma earlier this year. EMI general counsel Chris Ancliff, who took on the top legal job at the struggling entertainment company when former general counsel Charles Ashcroft stepped down from the role in February, is overseeing the review.

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  • December 7, 2007 | International Edition

    DLA Piper votes on hiring Will Rosen

    DLA Piper is close to securing former Weil Gotshal & Manges partner Will Rosen for its City private equity team. The firm's partners are currently in the process of voting on the appointment, with final confirmation of the move expected early next week. Rosen handed in his notice at Weil Gotshal this summer (3 July) after 11 years at the New York firm's London arm.

    1 minute read