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Slater & Gordon set to acquire Cardiff-based Leo Abse & Cohen

Slater & Gordon is in the final stages of a deal to acquire Cardiff-based trade union firm Leo Abse & Cohen, The Lawyer can reveal. The deal comes hot on the heels of Slater & Gordon’s tie-up with Flint Bishop’s Derby-based Injured Patient Claims arm earlier this month (8 September 2014). Sources suggest the Cardiff…

Addleshaws exits mount as corporate crime chief Hargreaves quits for KWMSJB

Addleshaw Goddard’s head of fraud, regulatory and corporate crime has become the latest partner to exit the firm, resurfacing at King & Wood Mallesons SJ Berwin (KWMSJB). Hargreaves spent 20 years at Addleshaws, where he specialised in civil fraud and asset tracing. He also headed up the firm’s West Africa practice group, building connections with…

Luther's global turnover up 12 per cent as German revenue breaks through €100m

German firm Luther has reported a 12.4 per cent rise in revenue for the 2013/14 financial year, with domestic turnover breaking through the €100m barrier for the first time. The firm reported total revenue of €114m (£89.6m) for the last financial year, a rise of 12.4 per cent from 2012/13 when Luther produced a global…

Residence permits for employees in international companies

The Civil Registry and Migration Department has announced the implementation of a modern and simplified process of third country nationals who are already employed or wish to be employed at international companies, i.e. companies where the majority of shares of which are held by third country nationals. The new procedure shall apply as of 25…

Tesco calls in Freshfields to investigate overstated first-half profits

Tesco has appointed Freshfields Bruckhaus Deringer to scrutinise its first-half profits, which were overstated by £250m. It has been reported that Tesco became aware of the issue when a whistleblower alerted its general counsel, Adrian Morris, last week. Morris then informed CEO Dave Lewis, who has turned to Freshfields and accountancy firm Deloittes to investigate…

Clyde & Co formalises Riyadh association

Clyde & Co has obtained formal approval from the authorities in Saudi Arabia to launch a co-owned joint venture with its Riyadh alliance firm. Clyde & Co originally entered Saudi Arabia via its association with Abdulaziz Al-Bosaily Law Office in 2009 (27 April 2009). The Riyadh office consists of two partners and 11 permanent fee-earning…

DLA Piper loses India co-head to Squire Patton Boggs

DLA Piper’s co-head for its India group Biswajit Chatterjee is to join Squire Patton Boggs in a similar Singapore-based role alongside London partner Dharmendra Nair. Chatterjee joined Squires’ Singapore office earlier this week. He specialises in corporate finance, capital markets, private equity and M&A transactions in Asia with a particular focus on India, Indonesia, Thailand…

Freshfields tops UK rankings as global M&A soars by 55 per cent in first nine months of 2014

Global M&A has picked up over the first nine months of 2014, with deal value growing to $2,567bn from just $1,659bn at the same point last year – and elite firms have reaped the benefits. The figures from Thomson Reuters demonstrate that Skadden Arps Slate Meagher & Flom had a hand in deals amounting to…

DLA Piper Hong Kong exits continue as corporate partner joins Jun He

DLA Piper’s co-head for its India group Biswajit Chatterjee is to join Squire Patton Boggs in a similar Singapore-based role alongside London partner Dharmendra Nair. Chatterjee joined Squires’ Singapore office earlier this week. He specialises in corporate finance, capital markets, private equity and M&A transactions in Asia with a particular focus on India, Indonesia, Thailand…

US IP giant Finnegan scores triple partner hire for London office

Washington DC-based firm Finnegan Henderson Farabow Garrett & Dunner has underlined its ambitions to grow its transatlantic intellectual property practice with the hire of three partners. The firm has recruited RGC Jenkins partner Philip Cupitt, J A Kemp partner Hazel Ford and Boult Wade and Tennant partner Daryl Penny to bring its London office, which…