In the esteemed tradition of attorneys as social reformers, from Mahatma Gandhi to Ruth Bader Ginsburg, a new wave of legal advocates is emerging. Among these are two influential figures from the London office of Weil Gotshal & Manges, who are currently at the forefront of a significant push for reform. Their target is the…
In an endeavor estimated at €1.29 billion, Miranda Alliance and Baker McKenzie are extending their legal expertise to a major project in Angola. The ambitious enterprise is slated to provide sustainable electrical power to roughly one million residents in the African nation. The exact nature of the project, the legal intricacies navigated by the advising…
In a compelling development, the recently suspended partner of Axiom Ince has taken his appeal to the High Court against what his counsel referred to as a ‘draconian’ decision by the Solicitors Regulation Authority (SRA). The senior partner’s lawyer mentioned that his client was ‘very shocked and distressed’ by this unexpected intervention from SRA. Unfortunately,…
Eugene Shvidler, a businessman in the oil industry and known associate of Roman Abramovich, has failed in his legal bid to overturn sanctions imposed on him by the U.K. government. These sanctions, which were introduced in response to Russia’s invasion of Ukraine, were levied against Shvidler in March 2022. His attempts to challenge these measures…
Morrison Foerster, Davis Polk & Wardwell, and Sullivan & Cromwell have been mandated to counsel on the initial public offering (IPO) for SoftBank Group-owned chip designer Arm on Nasdaq Exchange. This IPO is anticipated as the largest of the year. SoftBank’s Arm, a U.K. based chip designer, has filed a preliminary prospectus with the U.S….
When Peter Zaman was hired by Holman Fenwick Willan in 2021, his role as a climate finance and environmental products expert was clearly aligned with the firm’s energy, commodities, aerospace, shipping, construction and insurance sectors in Asia. All of these sectors deal heavily with fossil fuels, indicating a problem that Zaman, a former partner at…
In the aftermath of recent events surrounding a tax advice scandal, PwC Australia continues to witness the departure of partners. Florence Riviere, an experienced professional in advising energy and infrastructure sector clients on environment and planning matters, has exited the firm. Riviere has joinedPinsent Masons as a planning and environment partner, and will be based…
Recently, some of the world’s most notable law firms, such as White & Case, Cleary Gottlieb Steen & Hamilton, Orrick, and Latham & Watkins, have provided legal advice on a notable cross-border debt restructuring deal. This multibillion-euro deal involves none other than Casino Guichard-Perrachon, one of the largest retail chains in France and an established…
In a recently leaked image of the forthcoming iPhone 15, Apple confirmed what industry observers long presumed: the tech giant is moving away from proprietary charging ports and aligning itself with other major smartphone manufacturers by incorporating a standardized USB-C plug. This modest shift is significant within the scope of global regulatory practices as per…
Shearman & Sterling continues shaping its team with a familiar face in the international legal community. The firm welcomes back Alejandro Gordano, a capital markets attorney with expansive global experience across Buenos Aires, Zurich, London, Cambridge, Massachusetts, and New York. This appointment comes after Gordano’s three-year term as New York-based counsel at Linklaters. Born in…
In a recent development in the legal sector, Detroit-based Am Law 200 firm, Clark Hill has solidified its position in the Dublin market by acquiring the Irish law firm, HBMO Solicitors. This move resulted in an addition of 10 solicitors to Clark Hill’s existing office in Ireland, marking the firm’s fifth merger of 2023. The…
In a recent interview with Law.com International, Brent Botha, the incoming CEO of Norton Rose Fulbright South Africa, has affirmed his commitment to focus on his executive responsibilities. Botha, currently head of disputes at the firm, is set to assume his role as CEO on 1st October. While he acknowledges the “bitter-sweetness” of departing the…
The legal sector mourns the unexpected loss of Irwin Mitchell’s CEO, Andrew Tucker, who passed away after an unexpected illness. Serving as CEO since 2014, Tucker had a profound impact on the company and the industry. Unfortunately, further information regarding Tucker’s passing is restricted due to paywalls. To learn more, please check the original article…
Generative artificial intelligence (AI) is anticipated to fundamentally change the job landscape in leading commercial law firms. At least one in four large law firms believes generative artificial intelligence will supplant some positions within their respective companies in the next five years, according to a recent survey. The study, which involved 24 major legal institutions…
Axiom Ince, the established buyers of U.K. law firms Ince and Plexus Law, has recently requested the help of prominent accounting firm BDO to conduct an essential internal investigation. This follows the recent suspension of three of its leaders over allegations of financial mismanagement, creating a sense of unease amid client concerns. The firm aims…
There is an increasing trend among Japanese startups to opt for Nasdaq listing over domestic exchanges with the aim of achieving a higher valuation from a tech-savvy investor base, whilst also facing less stringent listing standards. This trend is generating a consistent flow of work for U.S.-based law firms such as Greenberg Traurig. Greenberg Traurig,…
In a significant move demonstrating a focus on efficiency, Norton Rose Fulbright recently made back office redundancies in Australia. The firm’s motivation for these redundancies was not specified, but it mentioned the need for more efficiency in its overall operations. Full details of the story are currently paywalled, preventing further analyses.
As the trans-Atlantic legal landscape sees an escalating lateral war, the focus is on a shift that is likely to turn heads. Three top partners from Kirkland & Ellis are making a move to rival firm Paul, Weiss, Rifkind, Wharton & Garrison, with their annual compensation expected to surpass the $10 million guarantees that have…
Kirkland & Ellis, a titan in the commercial legal industry, has a reputation paralleling that of industry giants like Real Madrid in football, Disney in animation, or Apple in software development. Their innovative strategies have brought them to the fore, bypassing competition in terms of revenue, profits, and reputation. Yet, the question arises, why would…
Long outpaced by its European counterparts in the realm of legal technology, Spain has recently experienced a surge in local innovation within its legal tech sector. Historically, Spain relied heavily on tech solutions from industry leaders such as France, the UK, and Germany. However, a shift began approximately two years ago, driven by the COVID-19…
With legal financing staying in the headlines, the recent capital event involving Slater and Gordon is sure to gain attention. In an important financial move, the law firm has secured a £33M capital injection from Harbour, a leading litigation funder. Details of the deal are yet to be unfolded in light of recent legislative developments….
The U.K.’s corporate legal industry is known for being one of the country’s more exclusive professions, often favoring individuals who have had the privilege of superior education. Broader representation has, however, been a focus in recent years as law firms explore methods to encourage greater social diversity among their ranks. They strive to balance the…
Recognized as the underdog in Europe’s legal tech space, Spain is often dependent on prominent markets like France, the U.K., and Germany for its legal tech solutions. Yet, a shift started around two years ago when due to the pressure exerted by global clients seeking improved tech-oriented solutions, and the onset of the COVID-19 pandemic,…
Earlier this year, the legal community mourned the loss of the founder and managing partner of Luthra and Luthra Law Offices. Despite this significant setback, the firm has demonstrated resilience and adaptability, with a notable expansion on the horizon. According to Law.com, Luthra and Luthra has added 33 new lawyers to its team. Given the…
Morrison Foerster, a renowned international law firm, recently served as legal adviser for Growtheum Capital Partners’ closing of its $567 million debut fund. Growtheum Capital, a private equity firm headquartered in Singapore and helmed by ex-GIC managers, will utilize this fund for various deals across Southeast Asia and India. Law.com reports that Growtheum was established…