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Freshfields arbitration head relocated to Singapore

Freshfields Bruckhaus Deringer has relocated its global international arbitration head to Singapore after a host of exits from the team. Partner Lucy Reed is heading to Singapore after locating from New York to Hong Kong in February 2012 (21 February 2012). The firm relaunched in Singapore in 2012 five years after withdrawing from the city…

Lawrence Graham promotes five to Wragge & Co partnership

Lawrence Graham (LG) will make up five partners to coincide with its merger with Wragge & Co on 1 May, when the combined firms are to become Wragge Lawrence Graham & Co. Partners at LG and Wragges were told about the firm’s merger talks to create a £170m firm in November (18 November 2013). The…

DWF, Irwin Mitchell and Shoosmiths shortlisted by Lloyds to take on litigation unit as retail GC quits

DWF, Irwin Mitchell and Shoosmiths are on the shortlist to take over Lloyds’ retail and asset finance litigation teams, The Lawyer understands. The shortlist comes to light days after the general counsel of retail and wealth Stuart Morgan, the lawyer driving the project forward, resigned from the banking giant. Staff were told about his move…

Gordon Dadds buys Davenport Lyons out of administration

Davenport Lyons went into administration on Friday (25 April) in a precursor to its client portfolio being acquired by Gordon Dadds. Terms of the sale were agreed with joint administrator Baker Tilly, weeks after Davenport’s chief executive Richard Williams insisted that the firm was not on the verge of administration (11 March 2014). The deal…

LG surrenders Singapore relationship as Wragges merger looms

Lawrance Graham (LG) has surrendered its Singapore foreign law practice licence in preparation for its merger with Wragge & Co next month. As a result of the licence surrender, LG’s formal law alliance (FLA) with Singaporean firm PK Wong & Associates has automatically become invalid. LG launched its Singapore office two years ago by foreign…

Cyprus Tender Review Authority issues new procedural framework

In the context of the Cyprus government’s overall policy to promote transparency and efficiency in the public procurement process, the Cyprus Tenders Review Authority (TRA) has recently issued new procedural guidelines that are now in effect in connection with the examination of recourses before the TRA.   The relevant rules are issued pursuant to s.12 of…

Wikborg Rein and Pan Asia Law end Singapore alliance

Norwegian firm Wikborg Rein’s five-year formal law alliance with Singaporean firm Pan Asia Law has come to an end. Wikborg Rein has had an office in Singapore since 2000. It established a formal law alliance (FLA) with Singaporean firm Pan Asia Law in May 2008 in a bid to offer clients combined Singaporean, English and…

Revenues set to rise 5 per cent across UK top 20 in 2013/14 despite "unexceptional" year

The UK’s top 20 firms by revenue are gearing up for the recovery, with most expecting to see a turnover increase of at least 5 per cent for the year ending April 2014. The expected revenue rise is in line with figures for the first six months of the current 2013/14 financial year, when firms…

Latham takes Bakers' crown as number one firm on top 30 international firms ranking

Latham & Watkins has topped The Lawyer’s annual ranking of the 30 largest international firms in the UK by revenue for the first time, with UK revenue hitting an all-time high of $210.6m. Although Latham does not formally report its London office revenue, sources suggest that last year fee income in its UK operations grew…

HSF makes Aussie partner Ferraro global corporate chief in post-merger re-jig

Herbert Smith Freehills has shaken up its corporate leadership, appointing Melbourne-based Mike Ferraro as sole global corporate head. Ferraro currently shares the role of global corporate chief with London-based Patrick Mitchell, who has had a hand in the management of the firm’s corporate practice for four years. Mitchell will no longer have a management role…