Paul, Weiss, Rifkind, Wharton & Garrison continues its scoop of legal professionals from rival firm Kirkland & Ellis, with the recent appointment of London debt finance partner Stefan Arnold-Soulby. This marks the 13th partner that Paul Weiss has hired from Kirkland in the course of a month. Arnold-Soulby brings with him a rich history of…
Several prominent law firms have recently reported significant changes within their business development, marketing, and communications departments. This ongoing pattern seems to indicate a new era for business development professionals in “big law” firms. This recent trend suggests a shifting landscape, potentially impacting the traditional roles and responsibilities of these professionals. Positions within business development…
In July, just before lawmakers went on summer break, the French Senate passed a bill that would extend legal professional privilege to written advice provided by in-house counsel. It’s worth noting that this legal shield will only apply to advice pertaining to commercial, civil, and administrative legal matters. However, before it can come into effect,…
Legal panels have seen significant evolution in recent times due to stricter selection criteria and the increased competition to make it to a company roster. These panels have become more defined with general counsels insisting that firms demonstrate their value and purpose. Moreover, slimmed-down rosters have become more prevalent. A recent scrutiny of U.K. panel…
As this year draws to a close, the UK’s Top 50 law firms continue to face challenges. According to a recent article posted on Law.com, firms must institute further corrective measures to counteract their shrinking profit margins. While detailed insights and data are behind a paywall, the summary emphasizes that substantial changes may need to…
Fee income growth at the United Kingdom’s largest 50 law firms experienced a deceleration in the 2022-2023 financial year, while partner profits plummeted at the steepest rate recorded since the last financial crisis. This downturn comes as the industry grapples with absorbing increasing costs after two profitable years. The transactional market’s slowdown resulted in these…
While a majority of European legal departments recognize the utility of streamlining their work processes with legal technology, numerous still travel down their digitalization path haphazardly, void of a distinct strategy, plan, or even a dedicated budget. This is the impression painted by Wolters Kluwer and the European Legal Tech Association (ELTA) in The Legisway…
In response to the United Arab Emirates’ new corporate tax regime taking effect in financial years commencing on or after June 1, 2023, Clyde & Co has taken strategic action. The international law firm has enriched its team with the addition of a prominent tax expert, poised to navigate these regulatory changes. These measures seem…
Spanish law firms ECIJA and Andersen have made new partner hires in their Barcelona and Madrid offices. ECIJA has added to its ranks with the hire of two partners, Ignasi Subirachs, who has joined the firm’s urban planning, administrative and public law practice in Barcelona, and Jorge González Cortade, who will be leading the public…
In a significant move in Australia’s legal industry, Gadens has hired Michael Morris, previously a data partner from Allens. Morris has now joined Gadens’ office in Brisbane, marking an important acquisition for the firm. For further details, readers may wish to visit the original article onLaw.com. Please note that the full article content may be…
Close to ten years ago, Mexico’s energy sector was opened up to private investment for the first time. Naturally, international companies saw the pump primed for new ventures. Among these was Swiss petrochemicals company Proman, who saw an opportunity to produce ammonia for fertilizer production in an agriculturally significant region of northwestern Mexico, leveraging Canadian…
Winston & Strawn is set for a leadership change for the first time in nearly two decades. The Am Law 50 firm is paving the path for its litigation leader, Steve D’Amore, currently the global co-leader of Winston & Strawn’s litigation department, to take over as the chair. This transition is scheduled to take place…
Two Chinese tech firms, iMotion Automotive Technology and Neusoft Xikang Holdings Inc., have resubmitted their listing applications to the Hong Kong Stock Exchange, setting in motion what might be a resurgence in Hong Kong’s capital market. These resubmissions might signal a renewed interest from Chinese technology firms, potentially paving the way for an optimum market…
Irwin Mitchell, a major UK-based law firm, has announced the appointment of a new Group CEO to succeed Andrew Tucker, who tragically passed away in August following an unexpected illness. Since Tucker’s untimely passing, there has been an interim CEO in place. The passing of Andrew Tucker was an unexpected and huge loss to the…
The much-anticipated Global 200 rankings for the world’s largest law firms are about to be unveiled. Law.com International’s editors are in the process of organizing a webinar to delve into the report’s findings. This upcoming analysis comes hot on the heels of an impressive round of results in 2022. The forthcoming report will explore prevailing…
Earlier this year, Paul, Weiss, Rifkind, Wharton & Garrison faced a destabilizing stage when their deputy London head Ramy J. Wahbeh and partner Kaisa Kuusk departed for Sidley Austin, prompting conjecture concerning the firm’s London presence. The speculation intensified when, by the early days of August, Kirkland & Ellis recruited Alvaro Membrillera, the London head…
A confluence of leading law firms have provided their legal expertise on a significant merger in the packaging industry. Firms from both the US and the UK have guided an ‘industry-changing’ merger between Smurfit Kappa, a FTSE-100 listed global provider of paper-based packaging with 47,000 employees, and US-based WestRock. The combined entity has been named…
Hogan Lovells has made significant strides in expanding its infrastructure and energy sectors in Germany, with the hiring of a corporate M&A team from Dentons. The addition, which includes two partners, is expected to increase the depth of Hogan Lovell’s presence in energy and infrastructure deals within the region. Strategically located in Berlin, the team…
CMS, the global legal services organization, has successfully extended its Hong Kong capabilities by bringing aboard a team of four highly experienced lawyers. This team includes notable partner, Adrian Elms, who has over two decades of practice in Hong Kong. Adrian Elms’ previous tenure was as a counsel at DLA Piper, where he handled contentious…
International law firm Mayer Brown has welcomed Allison Lee as a new partner to its Hong Kong office, according to recent reports. Lee, who has a distinguished 15-year tenure with Debevoise & Plimpton, most recently served as its international counsel. Lee’s entry into Mayer Brown comes with a wealth of experience advising public and private…
Norton Rose Fulbright, leading global law firm, has selected esteemed class action litigator Jennifer Teskey as its new Canadian Managing Partner. Teskey will assume the role on January 1, taking over from current Managing Partner, Charles Hurdon. Teskey brings with her an impressive record of legal work, particularly in class action litigation. This move is…
In spite of softening demand and increasing expenses, Australian law firms have managed to hold their ground remarkably well, according to a recent report on the state of the country’s legal market. This success is largely attributed to the counter-cyclical practices of dispute resolution, insurance coverage, insurance defense, workplace relations, and insolvency and restructuring. In…
Bees have recently become a widespread interest among prominent London law firms. Notable law firms such as Clifford Chance, CMS, Eversheds Sutherland, Hogan Lovells, and Russell Cooke have all incorporated bee hives on top of their UK offices, according to a report by Law.com International. It seems this new venture serves as an attractive means…
Three partners from Kirkland & Ellis, prominent international law firm, are reportedly heading to Paul, Weiss, Rifkind, Wharton & Garrison, which could net each an impressive $20 million in annual compensation at their new firm. These partners are Neel Sachdev and Roger Johnson, based in the U.K., along with U.S.-based Eric Wedel. However, it should…
In a recent move demonstrating the competitive landscape of legal talent acquisition, Allen & Overy has secured a corporate partner from Akin. This action marks a rare occasion where a lateral partner addition has been made to A&O’s London operations. Unfortunately, full details and further insights from the original article are restricted due to its…