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  • April 11, 2008 |

    Litigation misses out as Lovells makes up 18

    Lovells has become the latest major City firm to concentrate its promotions overseas, with just a third of the firm's 18 new partners coming in London - while the firm's key litigation practice misses out completely. Six new partners are made up at the firm's London headquarters, with nine coming across continental offices in Moscow, Duesseldorf, Warsaw, Munich and Madrid. In Asia the firm promoted one new partner apiece in Beijing and Hong Kong, with a single promotion coming in the firm's New York office.

    1 minute read

  • April 8, 2008 |

    Those slightly less short-term partner prospects

    Given the challenges facing the global economy, London’s top firms can’t be accused of panicking, given the robust number of promotions so…

    1 minute read

  • April 7, 2008 |

    Paul Hastings hires City projects partner

    Paul Hastings Janofsky & Walker has boosted its City projects group with the addition of partner David Manny. Manny joins from the London arm of rival US firm Vinson & Elkins. He specialises in sectors including energy, water and infrastructure, with a particular emphasis on construction work.

    1 minute read

  • April 4, 2008 |

    Nabarro exits Weil Gotshal after two-year stay

    High-profile banking partner Jonathan Nabarro has left Weil Gotshal & Manges after little more than two years with the New York firm, it has emerged. Weil confirmed that Nabarro, who was co-head of the firm's Paris banking practice, left the firm on 31 March. His next move is as yet unconfirmed.

    1 minute read

  • April 4, 2008 |

    Norton Rose seals Bombardier-Metronet deal

    Norton Rose has advised train manufacturer Bombardier on the settlement of a major contracts dispute with London Underground's troubled maintenance and upgrading contractor, Metronet Rail. Under the terms of the agreement, Bombardier will pay £95m to Invensys - the parent of Westinghouse Rail Systems, which had been sub-contracted by Bombardier to supply new signalling for a number of the network's sub-surface lines.

    1 minute read

  • April 3, 2008 |

    Linklaters storms to top of Euro M&A tables with big-ticket Q1 performance

    Linklaters has climbed to the top of the rankings for European M&A ahead of City rivals Clifford Chance (CC) and Freshfields Bruckhaus Deringer after winning roles on five of the 15 largest deals of last quarter. The magic circle firm has secured the top place for European M&A by both value and volume in Mergermarket's Q1 2008 rankings, advising on 40 deals worth E172.8bn (£136.4bn).

    1 minute read

  • April 3, 2008 |

    Ashurst to review management set-up as Green term nears end

    Ashurst is debating its management structure as senior partner Geoffrey Green nears the end of his second five-year term. Green's term is due to end in November but partners within the firm have told Legal Week he could stay on for a shortened third term.

    1 minute read

  • April 3, 2008 | International Edition

    City partnership rounds hold up despite financial market fears

    Herbert Smith and Olswang have both announced bumper crops of new partners, as the UK's top law firms cast aside fears about the credit crunch to announce their latest round of partnership promotions. The pair join firms including Macfarlanes, CMS Cameron McKenna and Wragge & Co to increase their tallies on last year, with Trowers & Hamlins the only firm to date to see a significant drop in its number of new partners.

    1 minute read

  • April 3, 2008 |

    City partnership rounds hold up despite financial market fears

    Herbert Smith and Olswang have both announced bumper crops of new partners, as the UK's top law firms cast aside fears about the credit crunch to announce their latest round of partnership promotions. The pair join firms including Macfarlanes, CMS Cameron McKenna and Wragge & Co to increase their tallies on last year, with Trowers & Hamlins the only firm to date to see a significant drop in its number of new partners.

    1 minute read

  • April 2, 2008 |

    Middle East and India: The new road to riches

    It is easy to become blase about the significance of law firms entering a new market in their droves, and for the pace of change in that market to become a platitudinous talking point among lawyers.But it was not that long ago that some lawyers in the Middle East outposts of City firms routinely took advantage of the Gulf weekend being on Thursdays and Fridays, by rolling the local weekend into the Western weekend for a bumper four-day rest, leaving three days to get their weekly work done. Now it is more common for Gulf lawyers to work both weekends, such is the volume of business being done in the region.

    1 minute read