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  • April 5, 2012 |

    Dechert takes on Chadbourne's four-partner Kazakhstan team for local launch

    Dechert has launched in Kazakhstan with the hire of Chadbourne & Parke's entire local team in the commercial capital of Almaty. Corporate partner Ken Mack leads the four-partner energy-focused team, which includes fellow corporate partner Victor Mokrousov, commercial partner Sergei Vataev and litigation partner Mukhit Yeleuov, as well as seven associates.

    1 minute read

  • April 4, 2012 | International Edition

    PRIME membership rises to 75 as firms push forward on diversity

    Weil Gotshal & Manges, Baker & McKenzie, White & Case, Reed Smith and Olswang are among a host of firms signing up to social mobility initiative PRIME, with 75 now committed to the scheme. The increased tally means PRIME - which is intended to raise the aspirations of students from under-privileged backgrounds by encouraging them to consider careers in the legal sector - has tripled the number of participating law firms since it launched in September last year.

    1 minute read

  • April 4, 2012 |

    PRIME membership rises to 75 as firms push forward on diversity

    Weil Gotshal & Manges, Baker & McKenzie, White & Case, Reed Smith and Olswang are among a host of firms signing up to social mobility initiative PRIME, with 75 now committed to the scheme. The increased tally means PRIME - which is intended to raise the aspirations of students from under-privileged backgrounds by encouraging them to consider careers in the legal sector - has tripled the number of participating law firms since it launched in September last year.

    1 minute read

  • April 3, 2012 |

    Bakers accounts show 8% City profits dip as top earner makes £872k

    Baker & McKenzie's London office has posted an 8% drop in profits available for distribution during the 2010-11 financial year, with the highest earner in the firm's City arm taking home £872,000.

    1 minute read

  • March 29, 2012 |

    Herbert Smith and Bakers lead as Jaguar Land Rover heads for Asia with China JV

    Herbert Smith and Baker & McKenzie have been appointed to advise on the joint venture (JV) between Jaguar Land Rover (JLR) and China's Chery Automobile as the British car giant looks to expand its presence in Asia. Herbert Smith, which is acting for JLR, has a longstanding relationship with the car manufacturer's Indian parent company, Tata Motors. The top 10 UK firm previously advised Tata on its acquisition of JLR from Ford in 2008.

    1 minute read

  • March 29, 2012 |

    The teeming crowd - is India's dynamic legal elite built to last?

    Riding a dynamic private sector in one of the world's most touted emerging economies, Indian law firms have rapidly evolved in recent years. Friederike Heine asks if this legal elite is ready to compete on the global stage

    1 minute read

  • March 22, 2012 |

    2Birds adds four partners in Asia as firm sets ambitious regional targets

    Bird & Bird has added four new partners in Asia as the firm sets out ambitious plans to expand its presence in the region. The firm has set a target for Asia to account for one fifth of total revenue and lawyer headcount in three to five years' time. Asia currently contributes 10% of the top 15 UK law firm's fee income – half of which comes from China – with the new target set at 20% for the region as a whole.

    1 minute read

  • March 21, 2012 |

    Budget ushers in key changes for private client and property lawyers

    Private client lawyers are set to see a significant increase in work over the coming months as measures affecting high net worth individuals take centre stage in this year's Budget, which was unveiled today (21 March). Chancellor George Osborne has put measures targeting the wealthy at the core of a budget that is also set to cut tax for business and clamp down on tax avoidance by corporates and individuals.

    1 minute read

  • March 15, 2012 |

    US players grow London footprint as partner presence rises almost 10%

    US law firms grew their partner count in the City by close to 10% during 2011 as they continued to increase their share of the European legal market. Legal Week's research into the hiring activity and penetration of US firms in London found total partner count at the 45 US and transatlantic firms in London taking part in the survey increased by 91 in the year to January 2012, to 1,199.

    1 minute read

  • March 15, 2012 |

    Dewey faces challenge to steady ship as cutbacks prompt unrest in the City

    "The fact that there are at least 15 Dewey CVs currently circulating in the City speaks for itself," says one London recruiter. "We are anticipating a handful of senior departures in the coming weeks..."

    1 minute read