• March 19, 2007 |

    City duo book places on First Choice-TUI tie-up

    Allen & Overy (A&O) and Herbert Smith have landed the lead roles on the latest major tie-up in the fast-consolidating travel sector - the merger bid between UK holiday giant First Choice and German group TUI. The deal, which was announced today (19 March), will see First Choice combine with the tourism arm of TUI to create TUI Travel - a London-listed company with annual revenues of around £12bn.

    1 minute read

  • March 14, 2007 |

    Slaughters, CC win roles on KKR's Boots bid

    Magic circle duo Slaughter and May and Clifford Chance (CC) have bagged leading roles on Kohlberg Kravis Roberts & Co's (KKR's) high stakes £9.7bn bid for Alliance Boots.

    1 minute read

  • March 14, 2007 |

    Bonelli pay shake-up sparks debate over methods to retain young talent

    Italian lawyers have played down claims that Bonelli Erede Pappalardo's move to overhaul its payment structure could spark a trend among local firms to restructure in order to hold on to junior talent. The Slaughter and May ally has become the latest Italian firm to unveil plans to overhaul its profit-sharing model in a move that could set off a wave of Italian firms rewarding younger partners more evenly in a bid to fight off raids from international firms.

    1 minute read

  • March 14, 2007 |

    Deals: M&A 15/03/2007

    DLA Piper has advised McBride, a UK supplier of household and personal care products, on its £39.3m bid to acquire Chemolux from Henkel. Corporate partner Jonathan Watkins led the team at DLA Piper. Luxembourg soaps manufacturer Chemolux was advised by Cleary Gottlieb Steen & Hamilton M&A partner William Groll.

    1 minute read

  • March 14, 2007 |

    College of Law tightens grip on market as BPP outguns relaunched Nottingham

    The College of Law has strengthened its standing with the upper echelons of the City profession, according to new research that gives it more than three times the support of nearest rival BPP Law School. The latest Legal Week/EJ Legal Big Question survey found that two-thirds (66%) of senior lawyers thought the College offers the best Legal Practice Course (LPC) training, compared with 21% favouring BPP, which drops from 23% last year.

    1 minute read

  • March 14, 2007 |

    What students want

    Anyone with teenage children will appreciate the problems in understanding exactly what makes them tick - and it seems that graduate recruitment is suffering from a similar syndrome. Since today's graduate recruitment partners were students, the economics and philosophy of higher education have changed radically, which in turn has significantly altered the outlook and priorities of students and graduates. These are the main findings of the inaugural Legal Week Intelligence Student Survey, which questioned more than 2,000 students at the Russell Group of leading UK universities, from which the vast majority of trainees are hired by commercial firms.

    1 minute read

  • March 14, 2007 | International Edition

    CC bags KKR mandate on Alliance Boots bid

    Clifford Chance (CC) has bagged a key mandate opposite magic circle rival Slaughter and May to advise on the £9.7bn takeover bid for Alliance Boots by Kohlberg Kravis Roberts & Co. CC joined Simpson Thacher & Bartlett to advise the US private equity giant on its offer for regular Slaughters client Alliance Boots, which rejected the bid earlier this week (12 March).

    1 minute read

  • March 14, 2007 |

    CC bags KKR mandate on Alliance Boots bid

    Clifford Chance (CC) has bagged a key mandate opposite magic circle rival Slaughter and May to advise on the £9.7bn takeover bid for Alliance Boots by Kohlberg Kravis Roberts & Co. CC joined Simpson Thacher & Bartlett to advise the US private equity giant on its offer for regular Slaughters client Alliance Boots, which rejected the bid earlier this week (12 March).

    1 minute read

  • March 9, 2007 |

    Slaughters seals £300m Post Office aid package

    Slaughter and May is advising the Post Office on a deal with the Government to secure more than £300m of state aid. As part of the restructuring of the Post Office and Royal Mail, the Post Office is to receive an aid package worth £313m in the form of public service compensation.

    1 minute read

  • March 9, 2007 | International Edition

    Slaughters seals £300m Post Office aid package

    Slaughter and May is advising the Post Office on a deal with the Government to secure more than £300m of state aid. As part of the restructuring of the Post Office and Royal Mail, the Post Office is to receive an aid package worth £313m in the form of public service compensation.

    1 minute read