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  • February 21, 2007 | International Edition

    Freshfields' radical restructure sees stream of equity partners move on

    The scale of the senior departures at Freshfields as the City giant restructures its partnership has confounded expectations that the firm would fudge the issue. Charlotte Edmond tracks the shake-up and impact on the firm's practice For a firm such as Freshfields Bruckhaus Deringer, which is not used to either radical internal changes or partner departures, a partnership restructuring must be heavy work.

    1 minute read

  • February 21, 2007 |

    Freshfields' radical restructure sees stream of equity partners move on

    The scale of the senior departures at Freshfields as the City giant restructures its partnership has confounded expectations that the firm would fudge the issue. Charlotte Edmond tracks the shake-up and impact on the firm's practice For a firm such as Freshfields Bruckhaus Deringer, which is not used to either radical internal changes or partner departures, a partnership restructuring must be heavy work.

    1 minute read

  • February 21, 2007 |

    Heller Ehrman launches London competition with Slaughters hire

    Heller Ehrman is to launch a City competition practice with the hire of a senior associate from Slaughter and May. Douglas Lahnborg will join the West Coast firm's new London office as a partner after nine years at the magic circle firm.

    1 minute read

  • February 21, 2007 |

    Iberia: Beyond borders

    Where would you rank Spain in a league table of the world's largest economies? Having been in 16th place 10 years ago, it now sits at number eight, according to World Bank research. Last year, Spain also joined an elite group of the 10 countries that boast the most dollar millionaires; according to a wealth report produced by investment bank Merrill Lynch, there are now 148,600 of them.

    1 minute read

  • February 16, 2007 |

    Heller taps Slaughters for City competition launch

    Heller Ehrman is to launch a City competition practice after announcing the hire of a senior associate from Slaughter and May. Douglas Lahnborg will join the West Coast firm's new London office as a partner after nine years at the magic circle firm.

    1 minute read

  • February 16, 2007 | International Edition

    Heller taps Slaughters for City competition launch

    Heller Ehrman is to launch a City competition practice after announcing the hire of a senior associate from Slaughter and May. Douglas Lahnborg will join the West Coast firm's new London office as a partner after nine years at the magic circle firm.

    1 minute read

  • February 14, 2007 |

    GE to ditch e-tendering to 'deepen relationships' in Euro panel review

    General Electric (GE) is turning its back on its controversial online auction tender process as it embarks upon a review of its European advisers. GE, one of the world's biggest companies, has launched a review of its European legal panel and hopes to complete the process by the end of the summer. But the company will not be using the innovative eBay-style auction method in which firms attempt to outbid each other by lowering fee rates in real time to secure panel work.

    1 minute read

  • February 14, 2007 |

    Top students unconvinced by firm-tailored education

    Firm-specific Legal Practice Courses (LPCs) are proving a turn-off for one in five students at leading universities, according to a survey of more than 2,000 students. The survey, which was conducted by Legal Week's research arm, Legal Week Intelligence, found 23% of the respondents said they would be less likely to apply for a training contract at a firm-specific course compared with 21% who said they would be more likely to apply.

    1 minute read

  • February 14, 2007 |

    Slaughters lands double Grosvenor deal

    Slaughter and May has advised property developers Grosvenor on two transactions in the space of a week. Slaughters real estate partner Dermot Rice took the lead advising Grosvenor on an agreement with John Lewis to become the main department store in a 1.6 million sq ft project in Preston.

    1 minute read

  • February 14, 2007 |

    Deals: M&A 15/02/2007

    Kirkland & Ellis has bagged a lead role advising Bain Capital on its $3.5bn (£1.7bn) acquisition of African retailer Edgars Consolidated Stores - the largest leveraged buy-out on the African continent to date. Kirkland acted for regular client Bain, fielding a City-based team including corporate partners James Learner and Christopher Field, finance partners Stephen Gillespie and Neel Sachdev and tax partner Ian Taplin. Edgars was advised by Johannesburg firm Webber Wentzel Bowens. Legalweek.com (9 February)

    1 minute read