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Shanghai to pilot China’s legal market liberalisation measures

A Shanghai Bureau of Justice official has hinted that the Shanghai Pilot Free Trade Zone’s (FTZ) experiment on allowing associations between Chinese and foreign firms will lead to further opening up of the country’s legal services sector. The FTZ was launched in September 2013 to test-run an opening up of China’s financial system, easing restrictions…

Uría Menéndez returns to growth with 3 per cent revenue rise to €185.46m

Slaughter and May best friend Uría Menéndez has reported the strongest figures of all the big four Spanish firms, hitting a revenue rise of 2.9 per cent for 2013. The firm has reported revenue of €185.46m (£155.2m) for the last year, up from €180.2m in 2012 (1 March 2013). The growth came with no change…

BLP launches Myanmar partnership and Asia network

Berwin Leighton Paisner (BLP) has become the latest firm to move into Myanmar through a tie-up with local firm Legal Network Consultants (LNC). The Yangon-based firm is headed by Khin Mar Aye and the relationship is part of BLP’s newly-launched Asia network, which it will use to join up with other local firms across the…

Freshfields appoints new US head

Freshfields Bruckhaus Deringer has appointed founding US litigation group partner Adam Siegel as its new US managing partner. Siegel will take up the role in April 2014, succeeding outgoing head Julian Pritchard, who was crowned US head in 2009 (30 July 2009). Pritchard took up the role in the same year Siegel joined Freshfields from…

Deflation trends in the assessment of damages under Cyprus law

The guidance of the Cyprus Supreme Court in the assessment of damages in accident claims has traditionally been founded on certain principles: first, that damages in civil torts do not aim to the punishment of the tortfeasor but to restoration; second, that although money does not result to a full reinstatement of loss in case…

BLP launches four-pronged process mapping initiative

Berwin Leighton Paisner (BLP) is to launch a four-pronged process mapping and outsourcing programme aimed at cutting costs in a move that will include the launch of a hub in Manchester. The firm said the measures would improve client services using a number of initiatives. Those include outsourcing work to third-party firms in a similar…

Top-tier Portuguese firm opens doors in East Timor

One of Portugal’s biggest law firms is to launch an office in the Asia-Pacific island of East Timor at the end of this month. Vieira de Almeida – a 138-partner Lisbon-based practice – is sending two lawyers to plant a flag in the capital, where they will link with a locally-recruited practitioner who is joining…

Why the Nike Alliance is a legal trendsetter

Sports giant Nike sets out to be a trendsetter in the world of sport and fashion. In legal circles the global retailer, which generates global revenues of $25bn annually, is again helping to set new trends by choosing an alliance of independent firms to cover its European legal needs over a single international firm. As…

Eversheds expands Africa network to 33 firms

Eversheds has added 10 more African firms to its swiftly-growing Eversheds Africa Law Institute (EALI), just six months after launching the initiative. EALI now has 33 members in 31 countries. The latest firms to join the platform come from jurisdictions including Chad, Egypt, Ethiopia, Gabon and Zimbabwe. Eversheds launched EALI in October last year (1…

Linklaters’ South African ally boosts energy team with hires from Bond Dickinson and PetroSA

Linklaters’ South African ally Webber Wentzel has made a raft of partner hires to strengthen its oil and gas team, picking up lawyers including Bond Dickinson partner Kenny Paton. The firm has recruited four partners in response to a growing need for oil and gas work in the region. Owen Tobias and Candice Gabriel join…