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  • July 25, 2012 |

    Ince continues international growth with launch of new base in Beijing

    Ince & Co has launched an office in Beijing after applying for a licence to open in the city last year. The firm announced the opening of its new base today (25 July), with Shanghai contentious shipping partner Wai Yue Loh relocated to the city to head up the new outfit.

    1 minute read

  • July 22, 2012 |

    Camerons, Olswang and US quartet confirm autumn NQ retention rates

    CMS Cameron McKenna, Olswang and White & Case are among a number of law firms to have confirmed retention rates for their September intakes, with Olswang also unveiling changes to its trainee recruitment scheme. Camerons has announced an 84% retention rate, slightly up on the 81% kept on from the firm's March intake. Of 31 newly qualified (NQ) trainees, 26 took up positions at the firm after 29 were offered jobs. The March intake saw 25 of 31 NQs kept on.

    1 minute read

  • July 22, 2012 |

    O'Melveny takes key London role on $5.5bn private equity fundraising

    The London office of US firm O'Melveny & Myers has taken the lead role for longstanding client Coller Capital on the $5.5bn (£3.5bn) final closing for its sixth private equity fund. Coller VI, which exceeded its initial $5bn (£3.2bn) target, is thought to be the second-largest secondaries fundraising ever.

    1 minute read

  • July 19, 2012 | International Edition

    California dreaming - firms look further west in bid for US expansion

    "While UK practices are still continuing their developing markets push, behind the scenes attention had already started shifting back to the perpetual elephant in the room: cracking the US market..."

    1 minute read

  • July 19, 2012 |

    California dreaming - firms look further west in bid for US expansion

    "While UK practices are still continuing their developing markets push, behind the scenes attention had already started shifting back to the perpetual elephant in the room: cracking the US market..."

    1 minute read

  • July 13, 2012 |

    Lloyds Banking Group set to cut law firm roster by 10% in adviser review

    Lloyds Banking Group is set to cut back its law firm roster by around 10% in a UK panel review due to kick off later this month. The bank, which appointed its last legal panel in 2010, has sent a letter to firms informing them they will receive tender documents on 23 July, with pitch submissions due three weeks later and a final line-up expected to be confirmed by early autumn.

    1 minute read

  • July 12, 2012 |

    Legal Week research highlights private school dominance at top firms

    Linklaters has the highest percentage of privately educated lawyers among the UK top 20 law firms by revenue, according to a major research project by Legal Week.

    1 minute read

  • July 10, 2012 |

    Trio post retention rates as Wragges trainees turn down £5k deferral offer

    Slaughter and May, Ashurst and SNR Denton have all posted healthy September trainee retention rates, with Slaughters set to keep on 91% of its newly-qualified (NQ) lawyers. Forty-two of Slaughter's 46 qualified trainees have been offered places at the firm, with the 91% figure marginally up on the firm's March intake this year, when 90% were kept on at the magic circle firm. A further two trainees resigned from the firm before the qualification process began.

    1 minute read

  • July 6, 2012 |

    Norton Rose leads on £400m Malaysian buyout of Battersea Power Station

    Norton Rose and Linklaters have taken the lead roles on the £400m acquisition of London's landmark Battersea Power Station by a Malaysian consortium. The deal, which was confirmed this week, has seen Malaysian property developer SP Setia and Malaysian conglomerate Sime Darby join forces to emerge as the successful bidder ahead of rivals including Chelsea Football Club.

    1 minute read

  • July 5, 2012 |

    Partners say City firms are out of the dark ages on flexi-working

    The overwhelming majority of partners believe law firms must allow both partners and associates to work flexibly, despite acknowledging the difficulties it can cause in terms of career progression. Legal Week's latest Big Question survey found almost half of the 140 respondents said it was essential for firms to offer flexible working opportunities to partners and associates, with a further 36% believing it to be 'very important' for partners, rising to 37% for associates.

    1 minute read