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  • November 9, 2011 |

    Top UK firms post rising revenues for first half of financial year

    Many of the UK's top law firms are reporting rising revenues for the first half of 2011-12, despite protracted instability across Europe and lingering fears of a double-dip recession. At least four firms among the UK top 30 are set to unveil double-digit increases on last year's H1 results, defying concerns prompted by the sustained upheaval in the global financial markets.

    1 minute read

  • November 9, 2011 |

    Place your bets: decision time looms in Asia

    Alex Novarese on why A&O's merger talks with Allen & Gledhill marks a key moment for the development of Singapore Inc as a key strategic hub for Asia...

    1 minute read

  • November 7, 2011 |

    Linklaters and Latham among firms on Virgin Media's debut legal panel

    Linklaters, Latham & Watkins and Sullivan & Cromwell are among a raft of firms to have won roles on Virgin Media's inaugural legal panel. The new panel, which will take effect from next year, also includes Ashurst and US firm Fried Frank, both of which are existing advisers to the company.

    1 minute read

  • November 4, 2011 |

    Slaughters and Bakers check in on Lufthansa's sell-off of BMI airline

    Slaughter and May and Baker & McKenzie are advising on Lufthansa's sale of British Midland International (BMI) to British Airways owner International Consolidated Airlines Group (IAG). Bakers is acting for Lufthansa, the owner of BMI, which operates flights to Europe, the Middle East and Africa.

    1 minute read

  • November 4, 2011 |

    A&O, Ashurst and Herbert Smith join Virgin's $1bn Northern Rock bid

    Allen & Overy (A&O), Herbert Smith and Ashurst have taken roles on Virgin Money's £1bn bid for Northern Rock, the retail bank that was nationalised in 2008 after becoming one of the most high-profile UK casualties of the financial crisis. Virgin Money, part of Richard Branson's Virgin Group business conglomerate, has instructed longstanding adviser A&O on the bid. The magic circle firm is fielding a team led by corporate chief Andrew Ballheimer.

    1 minute read

  • November 2, 2011 | International Edition

    Generation game - the young lawyers following in their parents' footsteps

    "You would have thought they would have seen their parents and learned their lesson..." - Despite seeing the long hours and hard work their parents put in, many offspring are not put off from following them into law, writes Georgina Stanley...

    1 minute read

  • November 2, 2011 |

    Generation game - the young lawyers following in their parents' footsteps

    "You would have thought they would have seen their parents and learned their lesson..." - Despite seeing the long hours and hard work their parents put in, many offspring are not put off from following them into law, writes Georgina Stanley...

    1 minute read

  • November 2, 2011 |

    Herbert Smith faces key decisions on Euro tie-ups & partner performance

    Herbert Smith has put a potential merger with alliance firms Gleiss Lutz and Stibbe at the heart of its ongoing Project Blue Sky strategy review, it has emerged. The top 10 City firm is considering whether it should push for a merger with its longstanding alliance partners, with a Swiss verein structure allowing all three firms to maintain separate profit pools one option under consideration.

    1 minute read

  • November 1, 2011 |

    Weil, Ashurst head up administration first in new post-Lehman regime

    Weil Gotshal & Manges' London office has advised on the administration of the UK arm of broker MF Global - the first company to enter Britain's special administration regime set up to protect market stability. Weil is acting for the company's administrators, KPMG, with London restructuring head Adam Plainer and fellow partner Paul Bromfield taking the lead for the US firm.

    1 minute read

  • November 1, 2011 |

    Ashurst London restructuring partner joins US firm in latest exit

    Kaye Scholer has become the latest firm to pick up a partner from Ashurst, with the US firm bringing in London restructuring partner David von Saucken. Von Saucken, who joined the US firm today(1 November), is qualified to practise both English and German law. He will split his time between the firm's London and Frankfurt offices and is the firm's first restructuring partner in London.

    1 minute read