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  • April 10, 2013 |

    Wong Partnership appoints new joint managing partners

    Singapore's Wong Partnership has overhauled its management structure with the appointment of corporate partners Rachel Eng and Ng Wai King as joint managing partners of the firm with effect from 1 April 2013. As part of the executive committee (exco), which has seven members and is chaired by senior partner Alvin Yeo, Eng and Ng will be responsible for helping drive the firm's expansion in Asia.

    1 minute read

  • April 8, 2013 |

    Norton Rose, Ashurst and CMS power up with roles on wind farm fund IPO

    Norton Rose, Ashurst and CMS Cameron McKenna have landed lead roles on the £260m London listing of a wind farm investment fund. Greencoat UK Wind, which is believed to be the first listed fund aimed at the UK renewable energy sector, raised the maximum amount through the main market initial public offering (IPO), having initially planned to raise a minimum of £205m.

    1 minute read

  • April 2, 2013 |

    CC, DLA among firms on post-FSA Financial Conduct Authority panel

    The newly formed Financial Conduct Authority (FCA) has appointed a line-up of law firms to its 'Skilled Person Panel', from which it can seek an independent view of the activities of financial firms under its jurisdiction. Seven law firms have been appointed the panel, with roles going to Ashurst, Clifford Chance (CC), DLA Piper, Eversheds, Hogan Lovells, Macfarlanes and Pannone.

    1 minute read

  • March 26, 2013 |

    Slaughters, Herbert Smith and Ashurst advise on Schroders' £424m Cazenove takeover

    Slaughter and May, Herbert Smith Freehills (HSF) and Ashurst have lined up to advise on FTSE 100 asset manager Schroders' £424m takeover of rival Cazenove Capital. As part of the deal, which was announced yesterday (25 March), Schroders - the largest listed asset management company in the UK - will recognise £395m as the acquisition cost and £29m as the effective future cost of deferred pay awards for Cazenove employees.

    1 minute read

  • March 24, 2013 |

    Reed Smith, Ashurst and Olswang advise on BBC's Lonely Planet sale

    Reed Smith, Ashurst and Olswang are among a number of firms to have taken roles on BBC Worldwide's £51.5m sale of travel publisher Lonely Planet. US media company NC2 Media will acquire the Melbourne-headquartered company at the end of the financial year (31 March), paying £41.2m on completion and £10.3m in one year's time.

    1 minute read

  • March 21, 2013 |

    Asia Client Satisfaction Report 2012

    Western lawyers could learn a thing or two from their Asia counterparts. When it comes to billing practices and service delivery, Asian general counsel (GC) rate their external law firms more highly than GCs in the West. And although there is obviously a degree of variation between countries and firms, external advisers to Asian in-house counsel are seemingly better at delivering legal advice than those firms servicing GCs in Europe and elsewhere.

    1 minute read

  • March 21, 2013 |

    The mother of invention – a new venture helping lawyer parents return to work

    When National Grid's former general counsel Helen Mahy announced last year that she was leaving the FTSE 100 company to pursue interests outside of law, there were several avenues one might assume she would take. Fiction writing was perhaps the most obvious – Mahy had already published books about her pet spaniel in The Adventures of Basil the Spaniel, raising funds for the Special Olympics Great Britain, which provides sporting opportunities for young adults and children with learning disabilities.

    1 minute read

  • March 20, 2013 |

    Budget 2013: Lawyers back corporate tax cuts and infrastructure spending

    The Government's plan to cut the corporate tax rate, announced today (20 March) in Chancellor George Osborne's 2013 budget, has received broad backing from law firm partners, in one of a number of measures aimed at boosting the UK's flagging economy. Today's announcement by the Chancellor came alongside a downward revision of UK economic growth estimates for the next two years, with the forecast for 2013 halved to 0.6%.

    1 minute read

  • March 20, 2013 |

    Ashurst receives approval to open up new base in Beijing

    Ashurst is set to formally open for business in Beijing after becoming the latest international law firm to receive a licence from China's Ministry of Justice. The UK outfit has appointed banking and finance partner Patrick Phua to lead the office, which will include 11 associates and focus on structured finance and derivatives work, in addition to some outbound investment.

    1 minute read

  • March 18, 2013 |

    Firms team up for new effort to tackle lack of diversity on career track

    Herbert Smith Freehills (HSF), Hogan Lovells and Eversheds are among a line-up of eight City firms spearheading a new initiative to promote diversity and multiculturalism for all legal sector employees. NOTICED, which will be launched at the Law Society this Wednesday (20 March), will feature a series of events at which legal professionals from all backgrounds can network, debate diversity issues and share good practice, in an effort to make the legal industry more accessible and boost cultural awareness.

    1 minute read