• News

News

Latest News

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…

Allen & Overy, Clifford Chance and CMS get call on Phones 4U administration

Allen & Overy has scooped a key role in the administration of Phones 4U, having been instructed by the company and its administrator PwC. Phones 4U went into administration on Sunday, after EE, O2 and Vodafone decided to withdraw their products from the retailers stores. The move has put nearly 5,600 jobs in more than…

Morgan Lewis misses out as Akin Gump scores Bingham’s entire London office

Akin Gump is to merge with Bingham McCutchen’s $52.3m (£32.1m)-turnover London office in a deal that will add 22 partners in London, Frankfurt and Hong Kong. The finer details of the transfer are expected to finalise within a fortnight, shortly after which Bingham McCutchen’s London managing partner James Roome will join Akin Gump as London…

Fidal formalises best friends alliance with Mills & Reeve

French giant Fidal has chosen to formalise its ‘best friends’ arrangement with Mills & Reeve through an exclusive affiliation just months after setting out its ambitions to build its cross-border profile. Fidal set its sights on international expansion in April as it announced a 1.5 per cent rise in turnover from €317.7m (13 March 2013)…

Stephenson Harwood shuts down in Guangzhou

Stephenson Harwood has closed its office in the Chinese city of Guangzhou, reducing its total number of offices worldwide to nine. The firm’s CEO Sharon White said that the closure comes as “the legal landscape in China has changed considerably”. It is an unexpected move given Stephenson Harwood’s commitment to growth in Asia, as demonstrated…

BLP mulls partner exit options after contested June vote scrapped

Berwin Leighton Paisner (BLP) is understood to be consulting on three methods of expediting the partner exit process after an internal protest forced the firm to scrap the results of a June vote. The vote was aimed at lowering the threshold of equity partners needed to sign off on a partner exit from 75 per…

Boodle Hatfield appoints first female senior partner since 1722

Boodle Hatfield has appointed its first female senior partner in its 300-year history, with head of private client Sara Maccallum set to take over the running of the firm on 1 May next year. As part of a wider leadership overhaul at the London-based private wealth and property-driven firm, Boodle Hatfield is also introducing a…

Ashurst’s US banking chief Ridealgh quits for Weil in New York

Ashurst finance partner Damian Ridealgh, who led the firm’s banking practice in the US, has joined Weil Gotshal & Manges in New York. Ridealgh spent three years at Ashurst, having joined from Fried Frank Harris Shriver & Jacobson. His hire marked the firm’s second lateral partner hire in the US following Ashurst’s launch there in…