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  • May 10, 2007 |

    Linklaters wins first UK Bridgepoint mandate

    Linklaters has advised Bridgepoint Capital for the first time in London, acting on the buy-out house's acquisition of Gambro Healthcare. The City giant, which has a relationship with the client in Stockholm and Paris, advised on the acquisition of the dialysis care services division of Swedish-based Gambro Group for an undisclosed sum. Press reports have put the value of the deal as high as €600m (£407.5m). The business is the second-largest of its type in Europe and has 155 clinics across 14 countries.

    1 minute read

  • May 9, 2007 |

    City duo boost as M&A soars to record level

    Slaughter and May and Allen & Overy (A&O) are among a raft of firms to benefit this week from two major M&A mandates worth more than $10bn (£5bn), as research shows 2007 is on course to smash all deal records.

    1 minute read

  • May 9, 2007 |

    Skadden raid heralds Cravath insolvency launch

    New York leader Cravath Swaine & Moore has launched a restructuring practice after making a rare lateral hire, swooping on New York rival Skadden Arps Slate Meagher & Flom for partner Richard Levin. Levin, who will join the elite Manhattan firm on 1 July, will head the firm's new restructuring and insolvency practice.

    1 minute read

  • May 8, 2007 | International Edition

    Slaughters hits headlines with media merger

    Slaughter and May is leading a raft of international firms advising Reuters Group on its merger talks with Canadian financial data company Thomson, valued at $17.6bn (£8.8bn). Rainmaker Nigel Boardman is leading the team advising Reuters, which this morning (8 May) confirmed it had received a takeover bid from Thomson. If successful, the deal would create the world's biggest news and financial data company.

    1 minute read

  • May 8, 2007 |

    Slaughters hits headlines with media merger

    Slaughter and May is leading a raft of international firms advising Reuters Group on its merger talks with Canadian financial data company Thomson, valued at $17.6bn (£8.8bn). Rainmaker Nigel Boardman is leading the team advising Reuters, which this morning (8 May) confirmed it had received a takeover bid from Thomson. If successful, the deal would create the world's biggest news and financial data company.

    1 minute read

  • May 3, 2007 | International Edition

    Associate salary hikes see City elite snapping at heels of US competitors

    A raft of firms confirmed their associate salary rises this week with the gap between City firms and some US rivals narrowing. Freshfields Bruckhaus Deringer and Herbert Smith both increased rates by more than 15% to match the rest of the magic circle, while Shearman & Sterling, a benchmark 'mid-Atlantic-rate' firm, increased by 4%.The moves mean that, excluding bonuses, there is now £10,000 separating newly-qualified salaries at Shearman and those at the UK's top firms.

    1 minute read

  • May 3, 2007 |

    Associate salary hikes see City elite snapping at heels of US competitors

    A raft of firms confirmed their associate salary rises this week with the gap between City firms and some US rivals narrowing. Freshfields Bruckhaus Deringer and Herbert Smith both increased rates by more than 15% to match the rest of the magic circle, while Shearman & Sterling, a benchmark 'mid-Atlantic-rate' firm, increased by 4%.The moves mean that, excluding bonuses, there is now £10,000 separating newly-qualified salaries at Shearman and those at the UK's top firms.

    1 minute read

  • May 2, 2007 |

    Kirkland knocks Sidley with $1.3bn restructuring mandate

    Kirkland & Ellis has landed the lead role on the €1.3bn (£885m) Sea Containers restructuring, knocking fellow US rival Sidley Austin off the top spot. Sidley, which had been leading on the company's reorganisation, will now take a secondary role advising on securities issues of the restructuring.

    1 minute read

  • May 1, 2007 | International Edition

    Shearman City salaries up 4% as pay gap narrows

    Shearman & Sterling has announced an increase of 4% in its London associate salaries as the pay gap between City firms and their US rivals closes. The move, which takes effect from today (1 May), means a newly-qualified solicitor in the New York firm's City base will now get £75,000 a year, up from the £72,000 on offer previously.

    1 minute read

  • May 1, 2007 |

    Shearman City salaries up 4% as pay gap narrows

    Shearman & Sterling has announced an increase of 4% in its London associate salaries as the pay gap between City firms and their US rivals closes. The move, which takes effect from today (1 May), means a newly-qualified solicitor in the New York firm's City base will now get £75,000 a year, up from the £72,000 on offer previously.

    1 minute read