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  • 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 | International Edition

    LG wins new client with role on £600m care home refinancing

    LG has scored a new client, advising healthcare company Caring Homes Group on a £600m refinancing of its business with Bank of Scotland.LG fielded a team under corporate partner Hugh Maule and finance partner Charles Malpass advising Caring Homes on the refinancing, which has seen the company restructure existing debt facilities as well as taking on additional equity. The company initially appointed LG as an ad viser around a year ago but the firm only won this deal, its first for the client, following a competitive pitch process last summer.

    1 minute read

  • February 6, 2008 |

    LG wins new client with role on £600m care home refinancing

    LG has scored a new client, advising healthcare company Caring Homes Group on a £600m refinancing of its business with Bank of Scotland.LG fielded a team under corporate partner Hugh Maule and finance partner Charles Malpass advising Caring Homes on the refinancing, which has seen the company restructure existing debt facilities as well as taking on additional equity. The company initially appointed LG as an ad viser around a year ago but the firm only won this deal, its first for the client, following a competitive pitch process last summer.

    1 minute read

  • February 4, 2008 |

    Keeping up with the White & Cases?

    At the end of January, White & Case and Weil Gotshal & Manges confirmed eye-catching 2007 financial results for their London offices.White &…

    1 minute read

  • February 4, 2008 |

    US trio lead on Microsoft's $44.6bn Yahoo bid

    Skadden Arps Slate Meagher & Flom is leading a heavyweight line up of advisers on Microsoft's $44.6bn (£22.6bn) approach for web rival Yahoo. The New York firm is advising Yahoo on the deal, while Simpson Thatcher & Bartlett and Cadwalader Wickersham & Taft are understood to be acting for Microsoft.

    1 minute read

  • February 1, 2008 | International Edition

    CC celebrates $14bn Chinalco corporate coup

    Clifford Chance (CC) has won a high-profile mandate to advise the Aluminium Corporation of China (Chinalco) on its joint acquisition with Alcoa of a 12% stake in Rio Tinto for around $14bn (£7bn). The deal marks CC's first instruction from the client and is thought to represent the largest-ever overseas investment by a Chinese company. The move could block the efforts of Anglo-Australian mining company BHP Billiton to buy Rio Tinto.

    1 minute read

  • February 1, 2008 |

    CC celebrates $14bn Chinalco corporate coup

    Clifford Chance (CC) has won a high-profile mandate to advise the Aluminium Corporation of China (Chinalco) on its joint acquisition with Alcoa of a 12% stake in Rio Tinto for around $14bn (£7bn). The deal marks CC's first instruction from the client and is thought to represent the largest-ever overseas investment by a Chinese company. The move could block the efforts of Anglo-Australian mining company BHP Billiton to buy Rio Tinto.

    1 minute read

  • January 31, 2008 |

    CLLS signs up LG and Trowers & Hamlins

    Two new London law firms have signed up to the City of London Law Society (CLLS), which now has 51 top practices on its books.City outfits LG and Trowers & Hamlins are the latest firms to join the representative body after signing up during the last 12 months.The newly-expanded body currently represents 35 of the UK's top 50 law firms and five out of the top 20 US firms in the City, including Reed Smith, Dechert and Skadden Arps Slate Meagher & Flom, as well as a number of boutiques. It means the body now represents more than 13,000 solicitors overall.

    1 minute read

  • January 22, 2008 |

    QC selection: worth the wait for elite 98

    The latest round of QC appointments has finally been made public - 18 months after the previous batch of silks were appointed - with just under 100 barristers set to claim the elite kite-mark. The list, published today (22 January), sees 98 lawyers successfully gain QC status. Just under a third (29%) of candidates were successful, with the QC selection body receiving a total of 333 applications.

    1 minute read

  • January 22, 2008 |

    QC selection 2008: the list in full

    The latest round of QC appointments in full, by order of seniority

    1 minute read