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  • August 2, 2013 |

    Client demand and intense competition set the agenda as law firm leaders look back on another difficult year

    "This is a rapidly changing market and you cannot afford to stick to one formula. You have to be responsive..." Emerging markets provide source of comfort as law firm leaders lament patchy deal flow...

    1 minute read

  • August 2, 2013 |

    Sidley continues to ramp up Singapore with fourth partner hire since local licence win

    Sidley Austin has hired its fourth partner in Singapore since receiving a local licence in the city-state in February, giving it a total partner headcount of eight. The US firm this week recruited project finance partner Nicholas Grambas from Gilbert + Tobin (G+T)in Melbourne, in a bid to ramp up its infrastructure-focused team.

    1 minute read

  • August 1, 2013 |

    Bakers promotes two in Singapore as office founder appointed Judicial Commissioner

    Baker & McKenzie has promoted two partners to senior roles in its Singapore office following the appointment of tax partner Edmund Leow as a Judicial Commissioner in the Supreme Court of Singapore. Leow, who will leave the firm at the end of August, was one of the founding partners of Bakers' member firm in Singapore, Baker & McKenzie Wong & Leow, with the role of managing principal and head of the firm's Singapore tax and wealth management practice.

    1 minute read

  • July 24, 2013 |

    A&O partner takes up two-year secondment to Takeover Panel

    Allen & Overy corporate partner Seth Jones has been appointed as secretary of the Takeover Panel, becoming the latest City partner to take up a secondment at the regulator. Jones will take up a two year placement in September, replacing Ashurst corporate partner Tom Mercer in the role, who is now returning to the firm. Jones will be the fifth A&O partner to be appointed, the two most recent being Richard Hough in 2000 and Mark Gearing in 1992. He has advised on a wide range of corporate transactions including public and private M&A and joint ventures. He also has a broad international experience, having spent three years in Allen & Overy's Dubai office.

    1 minute read

  • July 23, 2013 |

    Credit Agricole kicks off review of external legal advisers

    Credit Agricole is conducting a review of its external legal advisers, with all firms previously appointed to the French bank's panel asked to re-pitch for a place. Clifford Chance (CC), Freshfields Bruckhaus Deringer, Ashurst, Hogan Lovells, Linklaters, Gide Loyrette Nouel, Norton Rose Fulbright and Baker & McKenzie are all understood to be re-applying for places on the bank's global roster.

    1 minute read

  • July 22, 2013 |

    Bakers rejigs London management board adding two new partners

    Baker & McKenzie has revamped its management board in London, electing partners Monica Kurnatowska and Helen Bradley to two years terms. The appointments, which are effective 1 September, bring the number of women on Bakers' eight-member UK board to three. Kurnatowska (pictured) and Bradley replace former London managing partner Gary Senior and Peter Strivens, who step down after ten and five years on the committee, respectively. Dispute resolution

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  • July 18, 2013 |

    A&O, Sullivan and Bakers lead on $5.75bn Bank of Tokyo bid for Thai bank shares

    Allen & Overy (A&O), Sullivan & Cromwell, and Baker & McKenzie have landed lead roles on the Bank of Tokyo Mitsubishi UFJ's (BTMU's) $5.75bn (£3.8bn) bid for a majority stake in Thailand's Bank of Ayudhya (Krungsri). The deal, if approved, will see BTMU become the majority shareholder in the Thai bank, acquiring a stake held by GE Capital. The Japanese bank will partner with the Ratanarak Group, an existing group of major shareholders.

    1 minute read

  • July 18, 2013 |

    ITV and Slaughters team up for PRIME social mobility scheme

    ITV has teamed up with Slaughter and May to become the latest corporate legal team to back the PRIME social mobility initiative, as the broadcaster opens talks with Yahoo! and Lloyds Banking Group about a potential in-house collaboration. ITV legal director Barry Matthews (pictured) has taken the lead designing a full work experience programme, which will see sixth form students given opportunities at both ITV and Slaughters, adapting the magic circle firm's existing initiatives, which include weekly one-to-one tutorials, after-school workshops and events offering career insight. Slaughters is one of the 23 founding members of PRIME, a cross-firm initiative aimed at boosting access to the legal profession for students from underprivileged backgrounds.

    1 minute read

  • July 18, 2013 |

    Accounts reveal fees for Reed Smith and Bakers on Jimmy Savile inquiry

    Reed Smith was paid £893,500 by the BBC for advice on an independent review of the corporation's handling of the Jimmy Savile scandal, accounts have revealed. A breakdown of the costs of the Pollard Review - the inquiry led by former Sky News head Nick Pollard into why a Newsnight report on Savile was dropped - were released earlier this week.

    1 minute read

  • July 16, 2013 |

    Bakers to take seven-partner team from former Mayer Brown Spain ally

    Baker & McKenzie is set to hire a 20-lawyer corporate and finance team, including seven partners, from Mayer Brown's Spanish alliance firm Ramon & Cajal. The team includes Ramon founding partners Alberto Ureba and Francisco Bauza, both of whom are based in Madrid and who co-lead the firm's trade and capital markets practices respectively.

    1 minute read