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Schoenherr turns Brussels rep office into fully-fledged operation

Austrian firm Schoenherr is moving to staff its Brussels office full-time, after 20 years with a representative presence in Belgium. Vienna-based partner Volker Weiss is relocating to Brussels to head up the operation and will lead a team of EU and competition specialists from across Schoenherr’s network of Central and Eastern European (CEE) offices. The…

A&O's Wickenden heads to Hong Kong to steer US securities practice

Allen & Overy’s (A&O) London-based capital markets partner Jim Wickenden has moved to Hong Kong to steer the firm’s US securities practice. The move comes months after the firm lost US capital markets lawyer James Grandolfo, who was the firm’s regional head of the Asia Pacific international capital markets, to US firm Milbank Tweed Hadley…

Dundas and CMS partners agree two-year lock-in as merger terms take shape

Dundas & Wilson and CMS Cameron McKenna partners have agreed a two-year partner lock-in period as a condition of their proposed £277m merger this year, The Lawyer understands. The lock-in was agreed as part of a “high-level” package put together by the firms’ management, which guaranteed co-managing partner Caryn Penley a seat on CMS’ 15-strong…

Wragges to relinquish all-equity model as it gears up for LG tie-up

Wragge & Co is to temporarily relinquish its all-equity partnership model as it aligns its remuneration structure with Lawrence Graham (LG), The Lawyer can reveal. The two firms will merge in May to create a £170m firm under the brand Wragge Lawrence Graham & Co (13 December 2013). A remuneration committee will assess all of…

Luxembourg's Kleyr Grasso picks up Linklaters partner

Luxembourg firm Kleyr Grasso Associés has made a lateral partner hire from Linklaters, appointing Jean-Paul Spang as its ninth partner. Spang will join the firm on 1 February 2014. He has been a partner at Linklaters and its legacy firms in Luxembourg since 1998. Spang advises on a broad range of corporate and finance matters,…

Slaughter and May makes first Asia lateral hire with MoFo addition

Slaughter and May has made its first lateral hire in Asia with the addition of Morrison & Foerster’s (MoFo) co-head of China capital markets John Moore. The move will gift Slaughters a US law capability for capital markets transactions in Hong Kong, a strategy which has been on the cards since 2012 (24 September 2012)….

Eversheds continues Africa focus

Eversheds has added five firms to the Eversheds African Law Institute (EALI), the forum it set up last year to promote networking among African firms. The five firms bring the number of EALI members to 23 in 21 countries. The fims are meeting this week in Paris at the first EALI summit, which will be…

Clyde & Co partners boost profit share and reduce contributions

Clyde & Co’s LLP members more than halved their capital contributions to the firm last year, from £18m to £6.7m, according to accounts filed today with Companies House. It was a good year to be a Clyde & Co partner – the firm added 39 members over 2012/13 and raised the discretionary profit share by…

Freshfields and Simpson Thacher advise on £600m Guardian sale of Trader Media Group

Freshfields has advised the Guardian Media Group in its £600m sale of a 50.1 per cent stake in Trader Media Group (TMG) to Apax Partners. Corporate partner Simon Marchant led the deal to sell its remaining stake in the business to joint partner Apax, which bought 49.9 per cent of TMG in 2007. The former…

DAC Beachcroft launches in New York

DAC Beachcroft has made its first move into the US through the launch of a representative office in New York. The firm said the office would support its international network, which has expanded rapidly across Latin America since the merger between legacy Beachcroft and legacy Davies Arnold Cooper (31 October 2011). Most recently the firm…