• August 9, 2011 |

    Slaughters adds third New Zealand firm to secondment network

    Slaughter and May has agreed a new secondment arrangement with New Zealand firm Chapman Tripp. The pair have been in discussions over the last few months and have decided to enter into a non-exclusive programme that will see junior lawyers from each firm seconded to the other for a year.

    1 minute read

  • August 4, 2011 |

    Linklaters and Eversheds announce autumn trainee retention rates

    Linklaters and Eversheds have both announced their trainee retention rates for September, with the firms keeping on 93% and 87% of their respective trainee intakes. Linklaters is set to set to keep on 53 of its 57 trainees this autumn – equating to 93%. All bar one of the 57 qualifying applied for a position, with all those offered a place accepting.

    1 minute read

  • August 3, 2011 |

    Herbert Smith and Latham lead on £150m O2 arena refinancing

    Herbert Smith and Latham & Watkins have taken lead roles on the £150m refinancing of London's landmark O2 arena. Herbert Smith advised Anschutz Entertainment Group (AEG), which controls the venue, with the law firm fielding a team led by London finance partner Gary Hommel and real estate partner Richard Forsdyke. Latham advised Credit Suisse, which syndicated the refinancing facility in London and Los Angeles, with City finance partner Andy Kolacki heading up the US firm's team.

    1 minute read

  • August 3, 2011 |

    The great game – can British firms retain their upper hand in Hong Kong?

    Though Hong Kong formally reverted to Chinese rule 14 years ago, it often feels as if the British are still in charge. Place names like Victoria Peak and Queen's Road remain unchanged and expatriates from Essex and Kent continue to throng the bars of Lan Kwai Fong. Pub favourites are as easily available as dim sum.

    1 minute read

  • July 28, 2011 |

    Legal aid reform - opinion and reaction from the profession and parliament

    A line-up of MPs and industry figures offer their opinions on the Government's legal aid reforms...

    1 minute read

  • July 27, 2011 |

    Slaughters and Freshfields appoint new Asia management

    Slaughter and May has appointed a new Beijing office head as long-serving partner George Goulding prepares to retire after 36 years at the firm. Hong Kong corporate partner Lisa Chung is set to take up the role of Beijing head when Goulding, who has led Slaughters' Beijing arm since it opened in September 2009, steps down later this year.

    1 minute read

  • July 27, 2011 |

    Slaughters and A&O act on $7.5bn Petrohawk acquisition financing

    Slaughter and May and Allen & Overy (A&O) have picked up advisory roles as BHP Billiton agreed a $7.5bn (£4.6bn) financing package for its takeover of Petrohawk Energy Corporation. The Anglo-Australian mining giant announced earlier this month (14 July) that it will acquire Houston-based oil and gas producer Petrohawk in a proposed $12.1bn (£7.4bn) deal.

    1 minute read

  • July 27, 2011 |

    Trio of UK firms lead on £113m sandwich maker takeover

    Eversheds and Stephenson Harwood have won roles alongside Slaughter and May on Greencore Group's £113m takeover of convenience food maker Uniq. Eversheds advised Irish food company Greencore, a longstanding client, on its purchase of Uniq, which is one of the biggest sandwich producers in the UK, supplying retailers including Marks & Spencer.

    1 minute read

  • July 26, 2011 |

    Freshfields announces 96% retention rate for autumn intake as RPC keeps on 100%

    Freshfields Bruckhaus Deringer is set to retain almost all of its qualifying trainees this autumn, with 96% of its September intake set to stay on at the firm. Forty-eight of 50 newly-qualified lawyers (NQs) have accepted a job with the firm starting in September after 49 were asked to stay on, with one declining.

    1 minute read

  • July 20, 2011 |

    2010-11 case studies: Freshfields

    Freshfields Bruckhaus Deringer was the only magic circle firm to see profits per equity partner (PEP) fall during 2010-11, with PEP dipping by to £1.308m, down from £1.406m, while revenue stayed broadly static at £1.14bn. Despite the drop in profits, the firm remains second only to Slaughter and May as the most profitable firm in the UK top 50 and has also seen greater PEP growth over the last five years.

    1 minute read