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  • February 4, 2014 |

    Davis Polk and Latham aid Smith & Nephew's $1.7bn ArthroCare deal

    Davis Polk & Wardwell and Latham & Watkins have acted on Smith & Nephew's $1.7bn (£1bn) acquisition of Texas-based ArthroCare. The deal, which was run by lawyers' at the firms' US offices, sees the British medical technology company purchase the surgical device manufacturer at a 6% premium on the Friday's market valuation.

    1 minute read

  • February 3, 2014 |

    Ashurst appoints final board member as Beddow stands down

    Ashurst has finalised its global management team with the election of disputes partner Angela Pearson to the board. Pearson's three-year term began on 31 January with the appointment bringing the total number of board members to 14.

    1 minute read

  • January 23, 2014 |

    Top firms broaden recruitment horizons in social mobility drive

    Disadvantaged students considering a career in law may be given greater access to the profession as several top law firms have joined a working group with the aim of adopting a 'contextual recruitment' scheme. The system, which is set to be rolled out later this year, could introduce a new element to recruitment across all industries including law, allowing firms to rate candidates against the average performance of their school, potentially widening the pool of recruits considered. Firms including Clifford Chance, Freshfields Bruckhaus Deringer and Ashurst have teamed up with diversity recruitment and training company Rare to form a working group looking into the new system, which will also allow firms to take into account economic background and personal circumstances, such as whether they are the first generation of their family to go to university, or whether they have spent time in care.

    1 minute read

  • January 22, 2014 |

    Freshfields and Simpson Thacher take headline role as Guardian sells stake in Trader Media

    Freshfields Bruckhaus Deringer and Simpson Thacher & Bartlett have won roles on Guardian Media Group's (GMG's) sale of its 50.1% stake in Auto Trader owner Trader Media Group. The Guardian publisher has offloaded its remaining stake, worth around £600m, to private equity firm Apax. The disposal is subject to regulatory approval and final completion.

    1 minute read

  • January 19, 2014 |

    Clydes Hong Kong partner made global head of aviation finance

    Clyde & Co has promoted Hong Kong partner Paul Jebely to head the global aviation practice, taking over from London-based partner Philip Perrotta. Jebely, who joined Clydes as counsel in March 2011 from Ashurst in Hong Kong, was previously head of aviation finance for Asia and Africa, having taken an active role in developing the regional practice, which now consists of one partner, four associates and one paralegal.

    1 minute read

  • January 17, 2014 |

    KWM London head leaves for UK office of Seyfarth Shaw

    King & Wood Mallesons' London head Robert Hanley has left the firm to join Seyfarth Shaw in the city along with counsel Jonathon Wood. Hanley, who joined Mallesons in London in 2008 from the UK office of Australia's Minter Ellison, is a key member of the KWM M&A practice team with over 25 years' experience advising on English and Australian law.

    1 minute read

  • January 16, 2014 |

    BLP and Ashurst confirm 80%-plus spring trainee retention rates

    Ashurst and Berwin Leighton Paisner have announced their trainee retention rates for the first intake of 2014, with both firms keeping on more than 80% of qualifying lawyers.

    1 minute read

  • January 16, 2014 |

    Drawing the battle lines – assessing the impact client conflicts have on top law firms

    Client conflicts can scupper mergers and fuel rivalry between partners. With the Tomlinson report highlighting concerns that banks wield too much power over their advisers, Alex Newman charts recent conflicts flashpoints...

    1 minute read

  • January 15, 2014 |

    Travers grabs major new client as PE giant Apollo reviews UK roster

    US private equity house Apollo has carried out a review of its UK legal advisers, with Travers Smith on the roster for the first time alongside Slaughter and May, Ashurst and the London arm of Sullivan & Cromwell.

    1 minute read

  • January 9, 2014 |

    Clifford Chance moves into Indonesia with local tie-up

    Clifford Chance has launched in Indonesia after entering into an association with local outfit Linda Widyati & Partners (LWP). The tie-up comes some months after the firm first began analysing the market, which it was previously servicing from Singapore.

    1 minute read