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Legal fees soar to £38.9m after busy half-year for public M&A

The UK public M&A market picked up in the second half of 2013, with lawyers pocketing a total of £38.9m in fees – 44 per cent more than they received in the first half of the year. During the first six months of the year lawyers acting on M&A deals received a total of £29m…

White & Case debarred over conflicts in $2bn oligarch battle

White & Case has been disqualified from acting on one of its flagship cases, the $2bn oligarch litigation between Ukrainian industrialist Victor Pinchuk and his rivals Gennady Bogoliubov and Igor Kolomoisky, after a conflict of interest. Mr Justice Field handed down his judgment granting a permanent injunction debarring White & Case from acting for Pinchuk…

Mourant Ozannes snares Farrers' Edmondson for private client team

Offshore firm Mourant Ozannes has hired Farrer & Co’s former senior partner Jim Edmondson as head of its international trusts and private client practice. Edmondson will join Mourant Ozannes as a consultant in London on 1 May. He will take over as head of the trusts and private client team on 1 September when incumbent…

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…