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  • May 9, 2007 |

    City duo boost as M&A soars to record level

    Slaughter and May and Allen & Overy (A&O) are among a raft of firms to benefit this week from two major M&A mandates worth more than $10bn (£5bn), as research shows 2007 is on course to smash all deal records.

    1 minute read

  • May 9, 2007 |

    Diary Special Report - that Sweet & Maxwell law student study in full

    Last week, Sweet & Maxwell gave law firm recruiters a chilling glimpse into where they have been going wrong with the findings of a survey asking law students their views on a number of hard-hitting issues, such as how much they expect to earn throughout their career and exactly which TV shows misled them into thinking it might be fun to become a lawyer in the first place.

    1 minute read

  • May 9, 2007 |

    Andrew Clark: Judges are not deal brokers

    Have the high charges of City litigation practices, as some in the judiciary believe, slaughtered the goose that laid the golden egg? The number of claims issued in the Commercial Court fell from 1,808 in 1999 to 979 in 2006 (during the same period, the total number of High Court Queen's Bench Division claims fell even more dramatically - 10,317 to 3,958).

    1 minute read

  • May 9, 2007 |

    More than one way to skin the management cat

    I have been struck recently by the increasingly large number of (in my view) relatively 'young' partners (by which I mean anyone under the age of 45) …

    1 minute read

  • May 8, 2007 | International Edition

    Slaughters hits headlines with media merger

    Slaughter and May is leading a raft of international firms advising Reuters Group on its merger talks with Canadian financial data company Thomson, valued at $17.6bn (£8.8bn). Rainmaker Nigel Boardman is leading the team advising Reuters, which this morning (8 May) confirmed it had received a takeover bid from Thomson. If successful, the deal would create the world's biggest news and financial data company.

    1 minute read

  • May 8, 2007 |

    Slaughters hits headlines with media merger

    Slaughter and May is leading a raft of international firms advising Reuters Group on its merger talks with Canadian financial data company Thomson, valued at $17.6bn (£8.8bn). Rainmaker Nigel Boardman is leading the team advising Reuters, which this morning (8 May) confirmed it had received a takeover bid from Thomson. If successful, the deal would create the world's biggest news and financial data company.

    1 minute read

  • May 8, 2007 |

    CC raids City rivals in Germany and Spain

    Clifford Chance (CC) has beefed up its European practice with hires from magic circle rivals Freshfields Bruckhaus Deringer and Allen & Overy (A&O), the City giant announced today (8 May). Freshfields competition partner Ulrich Reese joins CC's Duesseldorf office with a two-lawyer team, while A&O litigation counsel Antonio Vazquez-Guillen joins CC's Madrid arm as a partner.

    1 minute read

  • May 4, 2007 | International Edition

    City giants land HSBC's record £1bn HQ sale

    Freshfields Bruckhaus Deringer and Clifford Chance (CC) have taken the lead roles on the UK's biggest-ever single-site property deal - the £1.09bn sale and leaseback of HSBC's Canary Wharf headquarters. CC acted for the acquirer, Spanish property group Metrovacesa, led by global real estate head Cliff McAuley and real estate partner Mike Edwards in the City, alongside Madrid-based real estate partner Alfonso Benavides.

    1 minute read

  • May 4, 2007 |

    City giants land HSBC's record £1bn HQ sale

    Freshfields Bruckhaus Deringer and Clifford Chance (CC) have taken the lead roles on the UK's biggest-ever single-site property deal - the £1.09bn sale and leaseback of HSBC's Canary Wharf headquarters. CC acted for the acquirer, Spanish property group Metrovacesa, led by global real estate head Cliff McAuley and real estate partner Mike Edwards in the City, alongside Madrid-based real estate partner Alfonso Benavides.

    1 minute read

  • May 3, 2007 | International Edition

    Associate salary hikes see City elite snapping at heels of US competitors

    A raft of firms confirmed their associate salary rises this week with the gap between City firms and some US rivals narrowing. Freshfields Bruckhaus Deringer and Herbert Smith both increased rates by more than 15% to match the rest of the magic circle, while Shearman & Sterling, a benchmark 'mid-Atlantic-rate' firm, increased by 4%.The moves mean that, excluding bonuses, there is now £10,000 separating newly-qualified salaries at Shearman and those at the UK's top firms.

    1 minute read