• February 21, 2007 |

    BLP ally Beiten Burkhardt to axe Cologne arm

    Beiten Burkhardt is to pull the plug on its Cologne office and re-house the bulk of the team in its Duesseldorf office, it was announced today (21 February). The German independent - which is the local ally of top 20 UK firm Berwin Leighton Paisner - is closing the office in March. The move follows a management review of the firm's domestic practice, which concluded that Duesseldorf would be the more profitable location for the team.

    1 minute read

  • February 20, 2007 |

    Latham is latest LA firm with strong '06 figures

    Latham & Watkins has unveiled double-digit growth in turnover and profits per equity partner for 2006, joining a growing band of US firms to have posted robust year-end figures. The Los Angeles giant pulled in $1.624bn (£832m), up 15% from last year's mark of $1.412bn (£724m). Partner profits, meanwhile, rose 16% to $1.86m (£950,000).

    1 minute read

  • February 14, 2007 |

    Beiten Burkhardt adds six lawyers to Kiev arm

    Beiten Burkhardt has raided Salans, Debevoise & Plimpton and Baker & McKenzie for six new lawyers. The lawyers all join Beiten Burkhardt's Kiev arm, and bring the total number of legal staff to 25 locally. Corporate lawyers Oleksander Fefelov and Oleksandra Gorak join with real estate lawyer Oleksandr Tytov from Salans. Corporate lawyer Anna Gorkun joins from Baker & McKenzie. German lawyer Felix Haffner and US lawyer Cameron Hall also join the firm's corporate department.

    1 minute read

  • February 9, 2007 |

    Name partner departure prompts Abreu rebrand

    Name partner Pedro Cardigos is to leave Portuguese firm Abreu Cardigos by the end of February, prompting a re-brand of the practice. The firm relaunched itself as Abreu Advogados from 7 February and will have around 70 lawyers - including 16 partners - across offices in Lisbon and Porto.

    1 minute read

  • February 8, 2007 |

    Law firms braced as five top banks review panels

    UK firms are gearing up for a surge of panel reviews by major financial institutions, with a number of Europe's biggest banks set to review their advisers in the coming months.

    1 minute read

  • February 7, 2007 |

    Fifteen top UK firms win staff accolade

    Addleshaw Goddard, Pannone and Mills & Reeve are among 15 UK firms to be granted accreditation status by Best Companies, the research group responsible for compiling The Sunday Times Best Companies to Work For list. The 2007 survey also names Berwin Leighton Paisner, Lewis Silkin, Olswang and the London office of Baker & McKenzie among the 273 successful companies.

    1 minute read

  • February 7, 2007 |

    Paul Weiss bucks US trend with modest results

    Paul Weiss Rifkind Wharton & Garrison has unveiled its financial results for 2006, with the Manhattan outfit posting modest rises in both turnover and profits despite the boom in transactional work in the US. The firm announced a 6% rise in revenues to reach a mark of $594m (£302m), with profits per equity partner (PEP) up just 1% to $2.5m (£1.3m).

    1 minute read

  • February 1, 2007 |

    Bakers divides finance team for banking and capital markets push

    Baker & McKenzie has split its London finance department into two teams and appointed new heads as the firm begins a push to increase its profile and resources in the banking and capital markets arena.The firms finance department will now be divided into structured capital markets, headed by former Norton Rose securitisation partner Jonathan Walsh, and banking, headed by acquisition finance and general banking partner Bernard Sharp.

    1 minute read

  • January 29, 2007 | International Edition

    Apax hands Ashurst Swedish healthcare sale

    Ashurst has won the lead role on a €2.85bn (£1.87bn) disposal of Swedish healthcare company Molnlycke for private equity house Apax.The top 10 City firm ran two separate teams with one advising Apax on the exit and another acting for Molnlycke on a listing on the London Stock Exchange proposed as an alternative exit option.

    1 minute read

  • January 29, 2007 |

    Apax hands Ashurst Swedish healthcare sale

    Ashurst has won the lead role on a €2.85bn (£1.87bn) disposal of Swedish healthcare company Molnlycke for private equity house Apax.The top 10 City firm ran two separate teams with one advising Apax on the exit and another acting for Molnlycke on a listing on the London Stock Exchange proposed as an alternative exit option.

    1 minute read