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  • February 23, 2012 |

    Ashurst and A&O advise on Doughty Hanson purchase of Spanish hospital operator

    Ashurst and Allen & Overy (A&O) have taken roles on the €355m (£295m) sale of one of Spain's largest hospital operators to private equity house Doughty Hanson. Ashurst advised Doughty on its acquisition of USP Hospitales led by European corporate head Simon Beddow in London and Madrid corporate head Jesus Almoguera, alongside Madrid technology and commercial head Carmen Perete.

    1 minute read

  • February 23, 2012 |

    Credit Suisse appoints line-up of top UK law firms to new EMEA roster

    Clifford Chance (CC), Freshfields Bruckhaus Deringer and Allen & Overy (A&O) are among a raft of firms to have been appointed to Credit Suisse's EMEA panel. The trio have been reappointed to the roster alongside firms including Herbert Smith, Simmons & Simmons and Ashurst. Linklaters, which still has a close relationship with Credit Suisse, is not on the EMEA roster. It is unclear whether the magic circle firm was appointed to the panel during its last review in 2009.

    1 minute read

  • February 23, 2012 |

    Friday's children - how RollOnFriday got kinda respectable

    Over a decade and a bit, irreverent legal website RollOnFriday has given City associates a voice and become respectable – almost. Suzanna Ring and Alex Novarese report...

    1 minute read

  • February 23, 2012 |

    Singapore relaxes ban on foreign ownership of law firms as market opens up

    Singapore is planning to open up its legal market by allowing overseas firms to take stakes in local law practices and share profits. Changes to the Legal Profession (Amendment) Bill 2012 announced by the Singapore Ministry of Law last week (14 February) will relax rules on foreign ownership of law firms, allowing overseas firms to take a profit and equity share in a Singapore firm of up to 33% in the event of a tie-up. The plans, which are expected to come into effect in the second quarter of 2012, could pave the way for the proposed merger between Linklaters' local joint venture partner, Allen & Gledhill, and Allen & Overy (A&O), which confirmed they were in talks to combine in November last year.

    1 minute read

  • February 23, 2012 |

    Dealmaker: Andrew Edge

    Stephenson Harwood's Andrew Edge on kudos from a senior partner and the dark ages of email...

    1 minute read

  • February 23, 2012 |

    Shearman posts static PEP for 2011 as City revenues grow 5%

    Shearman & Sterling saw partner profits remain static at $1.56m (£993,000) in 2011, while revenue inched up 2% to $750m (£477m), reports The Am Law Daily. Despite a strong first half of the year, the firm began to suffer a general slowdown in transactional work amid the explosion of the Greek debt crisis in August, said senior partner Rohan Weerasinghe.

    1 minute read

  • February 9, 2012 |

    The non-retirement plan - Ashurst's efforts to widen partners' career horizons

    Charlie Geffen on what Ashurst has learned from its efforts to expand lawyers' capabilities beyond law

    1 minute read

  • February 9, 2012 |

    Outside the citadel - are you ready for a career after law?

    Despite mounting pressure to retire early, partners still struggle to forge fulfilling careers outside the legal profession. Friederike Heine reports

    1 minute read

  • February 9, 2012 |

    A&O abolishes mandatory retirement age as top law firms review policies

    Allen & Overy (A&O) is abolishing its mandatory partner retirement age of 60 as a growing number of major City law firms move away from compulsory retirement dates for partners in the UK. The City giant's move comes as research by Legal Week found that SJ Berwin, Nabarro and Holman Fenwick Willan are also currently reviewing their policies in the wake of legislative changes which have phased out default retirement ages for UK employees.

    1 minute read

  • February 9, 2012 |

    In depth - Life after law

    Are you prepared for a career post-law? A line-up of commentators advise on how partners should prepare for their retirement from the profession

    1 minute read