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  • June 21, 2012 |

    Herbert Smith and Australia's Freehills open full-equity merger vote

    Herbert Smith and Australian firm Freehills have opened the vote for their proposed tie-up, which will see the two firms enter into a full-equity merger if the deal goes ahead.

    1 minute read

  • June 14, 2012 |

    The new, new wave - the rapid expansion of the newest entrants to the London legal market

    As new firms continue to flock to London, the cautious growth of earlier entrants has been cast aside in favour of heavy investment and dramatic expansion. JDG Chambers reports

    1 minute read

  • June 14, 2012 |

    Transport, Energy and Infrastructure Team of the Year: Herbert Smith

    Herbert Smith's highlight deal in the category of Transport, Energy and Infrastructure Team of the Year was its work advising on the financing of the $1.5bn (£900m) Shuweihat 3 independent power plant (IPP) project in Abu Dhabi.

    1 minute read

  • June 14, 2012 |

    Banking, Finance and Restructuring Team of the Year: Allen & Overy

    The Government of Dubai's request in November 2009 for a six-month standstill agreement on Dubai World's debt repayments heralded a new phase of the global credit crisis.

    1 minute read

  • June 14, 2012 |

    Ashurst adds two partners to Frankfurt base with Dewey double

    Ashurst has recruited two former Dewey & LeBoeuf partners in Frankfurt, with the pair set to join the UK firm's corporate and employment practices in the German city. The arrival of Benedikt von Schorlemer, who focuses on private equity and M&A, takes the number of German corporate partners at Ashurst to seven.

    1 minute read

  • June 13, 2012 |

    BLP announces 8% revenue growth as firm nears £250m mark

    Berwin Leighton Paisner (BLP) has announced an 8% rise in revenues for 2011-12, taking total turnover at the firm to almost £250m. The City firm has posted revenues of £246m for the 2011-12 financial year, up from £229m last year. The firm's profits per equity partner (PEP) figure has not yet been finalised.

    1 minute read

  • June 11, 2012 |

    The Transfer Window: recent moves including CMS, Shoosmiths and K&L

    CMS Cameron McKenna has appointed Rita Lowe as its new UK head of banking and finance, replacing Will Meredith in the role. Lowe, whose practice focuses on advising distressed companies and investors, is currently leading the Camerons team advising Dewey & LeBoeuf's UK LLP on its wind-down proceedings, which is expected to take up to 12 months to complete.

    1 minute read

  • June 7, 2012 |

    Ashurst Asia growth continues with launches set for Seoul and Beijing

    Ashurst is gearing up to launch in Seoul as the firm's Asia expansion plans gather pace, with the firm also applying for a licence to practise in Beijing. Asia regional managing partner Geoffrey Green is currently putting together a four-lawyer team to staff a representative office in the Korean capital. The team will be led by one partner, with the firm aiming to attract Korean clients with a focus on outbound work into Australia and India.

    1 minute read

  • June 7, 2012 |

    Outsourcing in focus as RBS prepares to cut back legal roster

    Royal Bank of Scotland (RBS) has kicked off a much-anticipated review of its legal panel, with tender documents sent out to law firms late last month. Firms have until 22 June to submit their pitches to RBS, with the online tender widely expected to result in the bank's list of preferred advisers being scaled back.

    1 minute read

  • June 1, 2012 |

    Australia unveils new 68-firm government super-panel

    The Australian Government has slashed its legal panel to 68 firms, with Clifford Chance (CC) emerging as the only UK adviser with an Australian presence not included on the line-up. The panel - known as the legal services multi-use list (LSMUL) - is the first time national government agencies have been required to use the streamlined roster for legal services purchasing, with the aim driving cost efficiencies...

    1 minute read