Europe Top News

crisis

Law Firms Still Suck at Business Development, Survey Finds

By Chris Johnson |

A new ViewsHub survey has found that law firm BD teams are “ineffective” and among the worst of organizations in any sector.

UK Litigation Funder Woodsford Puts $20M Toward Lewis Baach

By Scott Flaherty |

London-based Woodsford Litigation Funding Ltd. on Wednesday announced a $20 million investment deal with litigation boutique Lewis Baach Kaufmann Middlemiss—a move that comes less than a month after Woodsford opened its first U.S. outpost in Philadelphia.

Allen & Overy’s Washington, D.C. offices.

Allen & Overy Adds Ashurst Finance Partner in NYC

By Rose Walker |

Less than a month after six partners left London-based legal giant Ashurst's New York office, one of those defectors, Lawrence Berkovich, has reemerged at Allen & Overy.

Solicitors Disciplinary Tribunal to Probe Ex-Clyde & Co Partner Over Money Transfers

By James Booth |

The inquiry comes four months after the SDT hit the law firm with a £50,000 fine and three of its partners were fined £10,000 each for breaching money laundering rules.

Judgment Sets Out White & Case Failings After Record £250,000 Fine for Conflicts Breach

By James Booth |

The judgment from the Solicitors Disciplinary Tribunal relates to a 2014 case that saw White & Case blocked from acting for Ukrainian client Victor Pinchuk after it failed to identify a conflict of interest.

GlaxoSmithKline headquaters.

How Pharma Giant GSK Got Tough on Fixed Fees

By Chris Johnson |

Microsoft recently announced plans for 90 percent of its external legal work to be handled via alternative fee arrangements within two years. GlaxoSmithKline is already there.

After Diplomacy Abroad, Andy Schapiro Returns to Quinn Emanuel

By Meghan Tribe |

Schapiro left Quinn Emanuel in 2014 after being appointed by President Barack Obama, his former classmate and law review colleague at Harvard Law School, to replace former Obama administration ethics czar and ex-Zuckerman Spaeder partner Norman Eisen as ambassador to the Czech Republic.

'We’ve Changed the Market in London'—Quinn Emanuel Chief on Plans for Growth, Boutique 'Copycats' and Brexit

By Anna Ward |

Eight years after its arrival in London, what's next for the brash, fast-expanding litigation firm? Name partner John Quinn explains.

UK Mergers

Wilmer Hire Bolsters Linklaters' US White-Collar Expertise

By James Booth |

Douglas Davison, a longtime partner at Wilmer Cutler Pickering Hale and Dorr in Washington, D.C., has left the firm to join the London-based legal giant Linklaters in the nation's capital.

AI Drive Gains Momentum as Baker McKenzie Signs Machine Learning Deal

By Chris Johnson |

The legal giantwill use a machine learning tool developed by U.S. contract analytics company eBrevia to handle transactional due diligence in Europe, North America and Asia.

Kremlin complex in Moscow

New VPN Ban in Russia Latest Step in Increasing Cyber Risk for US Companies

By Ed Silverstein |

Recent Russian cyber actions, such as the restrictive use of VPN technology, may make it more difficult for companies to conduct routine business activities.

King & Wood Mallesons

King & Wood Mallesons Names New Europe and Middle East Leader

By Anna Zhang |

The legal giant has announced that M&A partner Wang Rongkang in Shenzhen will relocate to London to become its first Europe and Middle East managing partner since the collapse of its legacy SJ Berwin arm in January.

Paul Rawlinson of Baker & McKenzie (HANDOUT).

Baker McKenzie's Revenue, Profits Nudge Up Amid Global Uncertainty

By Roy Strom |

Baker McKenzie saw revenue climb to a record high of $2.67 billion in 2016-17, up just over 2 percent on last year's results, with average profits per equity partner creeping up marginally to $1.3 million.

Moscow, Russia.

From Russia Without Gloves: A Reporter's Musings on Traveling to Moscow

By Chris Johnson |

I hadn't been to Russia since 2009, our London-based European correspondent writes. A lot has changed in the past eight years.

Maxim Levinson, of Baker Botts, in Moscow.

The Global Law Firm's Survival Guide to Russia

By Chris Johnson |

In a market rocked by sanctions and sagging oil prices, U.S. and U.K. firms are finding new ways to adapt.

Quinn Emanuel Urquhart & Sullivan London

Quinn Emanuel London financial regulatory head quits for Latham just months after joining

By Anna Ward |

Quinn Emanuel Urquhart & Sullivan London financial services and regulatory partner David Berman has quit to join US rival Latham & Watkins, just months after joining from elite City firm Macfarlanes.

German Luxury Carmakers Hit With Price-Fixing Class Action Suit

By Charles Toutant |

The suit accuses the makers of Mercedes-Benz, BMW, Audi, Porsche and Bentley vehicles of participating in a 20-year conspiracy to unlawfully increase their vehicles' prices through collaboration on technology, suppliers and emissions controls.

Clip from the documentary film “Munich '72 and Beyond.”

Sheppard Mullin Partner Gets Emmy Nod for Munich '72 Documentary

By Todd Cunningham |

David Ulich's film chronicles the massacre of the Israeli Olympic team.

Nasielsk School Card

Polish Town Puts Mayer Brown Lawyer in Touch With Father's Past

By Roy Strom |

Paul Chandler's father, a 92-year-old Holocaust survivor, would never have reconnected with other survivors from Nasielsk, a small town in Poland, if not for a three-minute video shot in 1938 that resurfaced in 2009. Now his son, a counsel at Mayer Brown in Chicago, is helping Nasielsk remember its history as a Jewish community.

German Court Blocks VW Prosecutors From Using Seized Jones Day Docs

By Chris Johnson |

Documents seized during a March raid on the Munich office of Jones Day cannot be used by German prosecutors investigating the Volkswagen emissions scandal, a German high court has ruled.

CMS, Mayer Brown and BLP advise as Walkie Talkie building sold for £1.3bn

By Alex Berry |

Mayer Brown, CMS and Berwin Leighton Paisner (BLP) have secured top mandates on the £1.3bn sale of 20 Fenchurch Street, better known as the ‘Walkie Talkie’.

Chris Pugh - Freshfields

Managing Partner Pugh the 'Fall Guy' for Poor Results at Freshfields

By James Booth |

Freshfields Bruckhaus Deringer co-managing partner Chris Pugh's departure from the management team is attributable to the firm's poor 2016-17 financial results, according to former partners.

Transatlantic Merger Concept.

Cross-Border Combinations Drive US Law Firm Merger Activity to Record Highs

By Chris Johnson |

Is Big Law finally about to enter a long-heralded period of sustained trans-Atlantic consolidation? Fifty-two combinations involving U.S.-based firms were announced in the first six months of 2017, according to Altman Weil.

Herbert Smith Freehills New York Arbitration Partner Quits for Italian Firm Bonelli

By Rose Walker |

Herbert Smith Freehills New York arbitration partner Laurence Shore has left the firm to join Italian firm BonelliErede.

Former Clifford Chance private equity chief set for Linklaters move

By Rose Walker |

Former Clifford Chance (CC) German private equity head Christopher Kellett is set to join magic circle rival Linklaters.

Kenneth Shand, left, and Jeremy Cohen

LOD set to enter Middle East with Dubai launch plans

By Joseph Evans |

Berwin Leighton Paisner (BLP) contract lawyer spin-off LOD (Lawyers on Demand) is set to expand into the Middle East.

Kenneth Shand, left, and Jeremy Cohen

Dentons to Merge with Scottish Firm Maclay Murray & Spens

By Rose Walker |

Dentons will launch in Scotland after agreeing to a merger with Maclay Murray & Spens.

Julie Hawkinson - Clyde & Co

Clyde & Co Opens Ninth U.S. Office with Los Angeles Launch

By James Booth |

UK insurance giant Clyde & Co is opening its ninth office in the U.S., with a launch in Los Angeles.

Staircase from reception area to library.

Six Partners to Leave Ashurst in New York Amid Restructuring

By Rose Walker |

A reorganization of the Anglo-Australian legal giant's U.S. finance practice—a remnant of now-defunct McKee Nelson—will see at least five partners join Chapman and Cutler in New York.

UK Regulator Hits White & Case With Record Fine

By James Booth |

White & Case has been fined a record £250,000 ($325,700) by the U.K.'s Solicitors Disciplinary Tribunal for failing to identify a conflict of interest and protect confidential financial information in a $2.6 billion dispute involving Ukrainian oligarch Victor Pinchuk.

Innovative UK Law Firm Launches Antitrust Practice With Shearman Hire

By Chris Johnson |

Shearman & Sterling counsel Collette Rawnsley, a barrister who previously held a senior role at the U.K. Competition Appeal Tribunal, will join London-based Wiggin this week.

The Actor by Pablo Picasso

Some Nazi-Era Art Cases Are Easy—But Not This One

By Jenna Greene |

When it comes to disputes over the ownership of artwork that changed hands during the Nazi era, it’s hard not to sympathize with the plaintiffs—descendants of Jews who were persecuted or slaughtered during the Holocaust. But a case pending in the Southern District of New York tests just how far those claims can go.

White & Case and Latham Advise as Poland’s Play Targets $1.15 billion IPO

By Joseph Evans |

White & Case and Latham & Watkins are advising on Polish telecom company Play Communications’ initial public offering on the Warsaw Stock Exchange.

Grenfell Tower fire.

Legal Hackers Scotland Hackathon Builds App to Support Grenfell Tower Fire Victims

By Gabrielle Orum Hernández |

Hackathon participants created an app that locates local financial, emergency and legal assistance on a map.

Left to right: Mark O’Sullivan, West Coast Head Partner; Anne-Marie Bohan, Head of Technology and Innovation; Chris Bollard, Partner, Technology and Innovation; Michael Jackson, Managing Partner; Emma Doherty, Partner, International Business Group; Robert O’Shea, Head of the Corporate and Commercial Department

Ireland's Matheson Opens Office in San Francisco; Firm's Third Office in US

By Rebecca Cohen |

The Dublin-based law firm is bringing on technology and privacy partner Chris Bollard from Arthur Cox to co-manage the new office with partner Mark O'Sullivan.

Allen & Overy’s London office

Allen & Overy London Arbitration Partner Leaves for Gibson Dunn

By Joseph Evans |

Sullivan will join Gibson Dunn’s international arbitration team as a partner in London. He has spent more than a decade at A&O, making partner at the magic circle firm in 2013.

Washington, D.C. offices of Freshfields at 700 13th Street, N.W. November 4, 2015. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL.

What Is Really Behind Freshfields' Poor Financial Results?

By Chris Johnson |

While its Magic Circle rivals posted hefty increases in gross revenue, Freshfields Bruckhaus Deringer barely maintained its revenue, even with a hefty currency bump.

Clifford Chance managing partner, Matthew Layton.

Clifford Chance Aims To Boost US Revenues To 20% Of Firmwide Total

By Anna Ward |

Clifford Chance (CC) is aiming to grow US revenues to 20% of its total fee income, as the firm continues its efforts to ramp up its Stateside presence.

4 Signs Legal Tech Companies Are Ready for Brexit

By Rhys Dipshan |

Despite apprehension over how Brexit will affect the economy, it's business as usual in the legal technology industry.

Clifford Chance offices in Washington, D.C. March 24, 2015. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL.

Clifford Chance Under Scrutiny Over Excalibur Role

By Anna Ward |

The London-based legal giant is being investigated by the U.K.'s Solicitors Regulation Authority over its controversial role in a long-running dispute involving oil and gas client Excalibur Ventures.

Clifford Chance Under Investigation by the SRA over Excalibur Case

By Anna Ward |

The firm has turned to Clyde & Co for advice in the Solicitors Regulation Authority's investigation into Clifford Chance's controversial role in the long-running Excalibur case.

Brexit Boon? UK Ahead of EU, US in GDPR Preparation

By By Rhys Dipshan |

Corporations in the U.K., U.S. and EU are preparing for the GDPR at vastly different speeds.

Tashkent

Uzbekistan
Dentons Bolts on Another Firm, As UK Revenue Climbs

By Rose Walker |

The growing global legal giant has opened an office in Tashkent, Uzbekistan, after absorbing a 10-lawyer local firm. Dentons also released financial results showing an increase in gross revenue for its U.K. arm in 2016-17, although partner profits fell 9 percent.

Freshfields Slips Behind Linklaters in Revenue and Profits Per Partner

By James Booth |

Freshfields Bruckhaus Deringer announced stagnant gross revenue and shrinking net profit for a 'challenging' 2016-17.

Paris, France

France
Big Law Looking Forward to 'Macron-Economic' Boost in France

By Chris Johnson |

France has long been a challenging place in which to do business. The historically left-leaning country's high taxes and tough labor laws often have made it a frustrating market for international investors—and their lawyers.

Norton Rose Fulbright

Chadbourne Is No More as Deal With Norton Rose Fulbright Goes Live

By Christine Simmons |

Global giant Norton Rose Fulbright and Manhattan-based Chadbourne & Parke finalized their merger Friday, ending Chadbourne’s 115-year run as an independent firm.

Eric Blinderman, left, and William Weisman, right.

UK Litigation Funder Expands in US After Launch Last Year

By Scott Flaherty |

A little more than a year after launching in the United States under the leadership of a former Proskauer Rose lawyer and restaurateur, litigation funder Therium Inc. is expanding in New York.

Slater and Gordon's Lenders Take Control as Australian Firm's Leader Is Ousted

By Alex Berry |

The first-ever law firm to go public has been grappling with huge debts as a result of its controversial acquisition of U.K. insurance company Quindell’s professional services arm in March 2015.

Grenfell Tower fire. Grenfell Tower fire, which consumed the block in west London in the early hours of the morning.

Controversial Retired Judge to Lead UK Fire Disaster Inquiry

By Chris Johnson |

A retired Court of Appeal judge who was once accused of "social cleansing" has been appointed to lead the public inquiry into the Grenfell Tower tragedy.

Grenfell Tower fire. Grenfell Tower fire, which consumed the block in west London in the early hours of the morning.

Controversial Retired Judge to Lead UK Fire Disaster Inquiry

By Chris Johnson |

A retired court of appeal judge who was once accused of "social cleansing" has been appointed to lead the public inquiry into the Grenfell Tower tragedy.

Russian Rubles

And You Thought You Had Currency Problems? Alas, Poor Russia

By Chris Johnson |

Does it pay to be paid in rubles? For global firms operating in Russia, not really.

"Looking For Someone Who Walked on Water": Paul Weiss Chair on the Firm's First U.K. Lateral

By Anna Ward |

When Paul Weiss Rifkind Wharton & Garrison hired Simpson Thacher & Bartlett corporate partner Alvaro Membrillera earlier this year, the move marked the elite US firm’s first lateral hire in London since it first opened in the City 16 years ago.

Paris, France

Ashurst to Shift Paris Focus

By Rose Walker |

Following the exit of a second major team in Paris this year, Ashurst is facing an uphill struggle to rebuild its base in the French capital.

Canadian Firm Launches Fund Targeting Tech Industry Clients

By Meghan Tribe |

Toronto-based firm Blake, Cassels & Graydon is launching a first-of-its-kind fund to provide subsidized legal services to support the rapidly growing Canadian technology startup market.

London Traders Gamble on SDNY in Foreign Currency Case

By Miriam Rozen |

As the Department of Justice prosecutes alleged manipulation of the foreign currency spot trading market, a trio of London-based foreign currency traders who worked for Citicorp, Barclays, and JP­Morgan Chase agreed earlier this month to come to New York in July for their arraignments.

L-R Mark Wasserman and Lee Ranson

Eversheds Sutherland Leaders Talk Clients, Costs After Partner Confab

By Meredith Hobbs |

The newly-combined firm pulled off quite a feat this week, mustering 680 partners and top operations people together in London for the firm's first partners' meeting amid record-setting June heat.

Donald Trump

Corporate FCPA Enforcement in the Era of Trump

By Robert J. Anello and Peter Janowski, Business Crimes Bulletin |

As the penalties being extracted by the United States from multinational corporations for violations of anti-corruption statutes have skyrocketed in recent years, an increasing number of other countries have begun to pass or enhance their own laws prohibiting, among other things, bribery of foreign officials, and have increased the financial penalties applicable to businesses that violate those laws.

Former KWM Europe Partners Face Tax Burden After Bank Rejections Hold Up Process

By Rose Walker |

Former King & Wood Mallesons European and Middle East partners may be unable to claim tax loss relief on their July tax payment, after three banks declined to open an account for the firm’s partnership board to deal with the allocation of tax losses.

U.S. Department of Justice

In First FCPA Action Under Trump, DOJ Declines to Prosecute Gas Company

By Sue Reisinger |

The U.S. Department of Justice under President Donald Trump has taken its first public action involving a foreign bribery case: a declination to prosecute Linde North America Inc. and Linde Gas North America.

Gibson, Dunn & Crutcher offices in Washington, D.C. June 23, 2014. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL.

Gibson Dunn Builds Up Its Presence in Europe, Finding Opportunity Amid Uncertainty

By Chris Johnson |

Gibson, Dunn & Crutcher ramps up its European hiring with some significant moves in London, Paris and Germany.

Clifford Chance Adds Two Corporate Partners in New York

Clifford Chance has recruited two corporate partners in New York, including the former group general counsel of Zurich Insurance Group.

TheJudge, a U.K.-based litigation insurer, is bringing its business to U.S. shores.

Litigation Finance, Sure. Litigation Insurance? UK Broker Seeks US Sales

By Roy Strom |

Plaintiff-side litigation insurance can defray the cost of attorney fees and expenses for companies filing suits or law firms taking cases on contingency.

Chadbourne & Parke offices in Washington, D.C.

Chadbourne's Norton Rose Fulbright Deal Faces Conflict Delay

By Anna Ward |

A proposed combination between Chadbourne & Parke and Norton Rose Fulbright scheduled to close sometime in the second quarter of this year is facing delays due to client conflicts. Norton Rose Fulbright, meanwhile, announced another deal this week with Australia's Henry Davis York.

Brussels, Belgium.

Sullivan & Cromwell Boosts Brussels Office With Senior Antitrust Hire

By Chris Johnson |

Less than a month after launching in the EU capital, the firm has expanded with the hire of the EU's former deputy director-general for competition.

Addleshaw Goddard

Addleshaw, Hunton & Williams Merger Talks Go Cold

By James Booth |

Addleshaw Goddard's tie-up talks with Hunton & Williams have fizzled out nearly two years after they began, with the news coming as the British firm's discussions with Germany's Luther have also come to an end.

TheJudge, a U.K.-based litigation insurer, is bringing its business to U.S. shores.

Litigation Finance, Sure. Litigation Insurance? UK Broker Seeks US Sales

By Roy Strom |

A relative of litigation funding, litigation insurance for plaintiffs can defray the cost of an unsuccessful case. TheJudge is a British outfit launching in New York as part of its plan to bring the product across the pond to U.S. companies and law firms.

Is Big Law Hurting Itself by Being Too Soft With Clients?

By Chris Johnson |

Should law firms refuse to hand over time-entry data to clients when working on a fixed fee?

Money Talks, Partners Walk: How the Pay Gap Between Elite US and UK Firms Became a Chasm

By Hugh Simons |

An underappreciated effect of the Great Recession is how it put on steroids the amounts by which elite US firms can outflank their UK counterparts on partner compensation.

Gibson Dunn Continues European Hiring Spree

By Rose Walker |

Herbert Smith Freehills' co-head of energy, Anna Howell, is set to join Gibson, Dunn & Crutcher in London, as the Am Law 100 firm continues to expand its operations in Europe.

How the Pay Gap Between Elite U.S. and U.K. Firms Became a Chasm

By Hugh Simons |

Top American firms are outflanking their British counterparts on partner compensation. As money talks, partners walk—and competitiveness follows.

Pinsent Masons to Launch in Dublin with Trio of Partner Hires

By James Booth |

Pinsent Masons is to launch an office in Dublin, making it the first international law firm to launch in the Irish capital since last year’s Brexit vote.

Belfast at Night over the River Lagan, Belfast City, Northern Ireland, United Kingdom (UK).

Ireland
Belfast Police Search Office of Herbert Smith Freehills

By Brian Baxter |

Police from an organized crime unit conducting a drug investigation recently raided the global legal giant's back office operations center in Northern Ireland.

Lawyers React to UK Election Results

Partners may not have wanted a Labour Government, according to our survey published yesterday, but they feared the prospect of a hung parliament even more, with more than 60% of respondents believing activity levels would fall over the next 12 months in the event of no party winning an outright majority.

Paris, France

France
Gibson Dunn Raids Ashurst for Four-Partner Paris Team

By James Booth |

The Am Law 100 firm will launch a French litigation and disputes practice after taking four partners from Ashurst, the second mass defection from the British firm’s Paris office so far this year.

Norton Rose Fulbright

Norton Rose Fulbright to Vote on Merger With Australia's Henry Davis York

By Rose Walker |

Norton Rose Fulbright has confirmed it is in late-stage merger talks with Australian firm Henry Davis York. The firms were first rumored to be holding discussions in November.

Can U.K. Firms Match American Firms' Financial Results?

By Chris Johnson |

Many U.K. firms will likely post gains for the fiscal year that followed the Brexit vote. Then what?

Jonathan Blair, managing partner of Bond Dickinson, and Betty Temple, chair and CEO of Womble Carlyle Sandridge & Rice, now the co-leaders of Womble Bond Dickinson

Womble Deal With UK's Bond Dickinson Creates Mega-Middle-Market Firm

By Meredith Hobbs |

As it makes its international debut, Womble Bond Dickinson is billing itself as a "new breed of transatlantic law firm" because it unites two middle-market firms with strong regional roots.

Womble Carlyle Takes U.K. Alliance to Next Level

By James Booth |

Womble Carlyle Sandridge & Rice and Bond Dickinson formed an alliance in June 2016 but have now taken this relationship a step further, although stopping short of full financial integration.

Deutsche Bank headquarters in Germany

Deutsche Bank Signs Another Fed Consent Order

By Sue Reisinger |

The Frankfurt, Germany-based bank agreed to pay a $41 million civil penalty and to enact a raft of compliance reforms.

Clifford Chance offices in Washington, D.C. March 24, 2015. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL.

United Kingdom
Why U.K. Law Firms Are Still Caught Between Lockstep and a Hard Place

By Chris Johnson |

he elite U.K. firms have been tweaking their lockstep compensation models for years. But changing things too much may prove counterproductive.

Four More U.K. Top 50 Firms Rethink Approach to Lawyer Performance Assessment

By Anna Ward |

Berwin Leighton Paisner, Fieldfisher, Withers and RPC have joined a growing group of U.K. top 50 law firms looking to change the way they appraise their fee earners and staff.

Under the Bonnet: An In-Depth Look at the Financial Health of the U.K. Top 50

By Georgina Stanley |

What do the limited liability partnership (LLP) accounts of the biggest U.K. law firms tell us about the market?

Mark Adkins

One of Canada's Largest Firms Heads to New York

By Meghan Tribe |

McCarthy Tétrault has opened an office in New York after recruiting corporate partner Mark Adkins from Canadian rival Blake, Cassels & Graydon.

Dentons to Launch in Peru, Cuts Some UK Lawyers

By Rose Walker |

Dentons is set to launch in Peru through a proposed combination with 20-lawyer local firm Gallo Barrios Pickmann. The move comes as the global legal giant slashed five lawyers from its office in Watford, England, one that Dentons picked up last year after absorbing the bulk of Matthew Arnold & Baldwin.

Doron Goldstein, Katten Muchin Rosenman.

Facebook Fine Could Slow Future EU Launches

By David Ruiz |

Facebook Inc. received one of its biggest regulatory slaps last week when European antitrust regulators fined it $122 million for providing misleading statements about its 2014 purchase of WhatsApp.

US Companies Are Biggest Spenders on Legal Services Globally

By Jennifer Williams-Alvarez |

New data from Acritas Research indicates U.S. companies lead the pack on legal spend—by a lot.

Richard Youle

Skadden Welcomes London M&A Partners From White & Case

By Rose Walker |

Skadden made rare hires to its London office with the addition of private equity heavyweights from White & Case.

The Warning Signs Firms Should Be Looking Out For: Lessons from the U.K. Top 50 LLP Accounts

By Georgina Stanley |

In this video, Legal Week editor Georgina Stanley talks to Giles Murphy, head of the professional practices group at Smith & Williamson, about the limited liability partnership (LLP) accounts of the U.K.’s 50 largest law firms and what we can learn from them.

Belgium
With Wilson Sonsini Hire, Sullivan & Cromwell Heads to Brussels

By Anna Ward |

Sullivan & Cromwell has opened an office in the de facto capital of the European Union after adding Wilson Sonsini Goodrich & Rosati partner Michael Rosenthal.

Allen & Overy Sues Project Finance Client Over Unpaid Legal Fees

By Christine Simmons |

Allen & Overy is suing a former client for $343,448 arising out of its work for the development and financing of a solar power facility in Panama.

Belgium
Quinn Emanuel Adds Two More Shearman Partners in Brussels

By Anna Ward |

Shearman & Sterling antitrust partners Stephen Mavroghenis and Miguel Rato, courted last year by Quinn Emanuel Urquhart & Sullivan, have joined the firm’s Brussels office. Both lawyers re-unite with former colleague Trevor Soames, who Quinn Emanuel hired in December.

Partner Exits Continue at King & Wood Mallesons' Rebuilt European Arm

By Rose Walker |

Seven of the roughly 30 partners who initially agreed to remain with KWM 2.0 or its affiliated offices have made departures in recent weeks.

Michael Hausfeld, left, and Daniel Brockett, right.

Spat Erupts Between Quinn Emanuel and Plaintiffs Firms Over Foreign Exchange Manipulation Litigation

By Scott Flaherty |

A pair of recent filings in U.S. litigation over alleged foreign exchange rate manipulation has revealed a dispute that pits Quinn Emanuel against Hausfeld and Scott + Scott. The dispute, which revolves around foreign exchange rate antitrust litigation, takes on added import because all three firms are eyeing key roles in similar litigation overseas.

Cuts, Closures and Lockstep Reform—What's Next for the Magic Circle in Germany?

By James Booth and Anna Ward |

These are tricky times to be a Magic Circle partner in Germany. With partnerships in the country under intense scrutiny in recent years, Legal Week asked partners at a range of firms in Germany why there is so much pressure on performance.

UK Court Lets Prosecutors Pierce Attorney-Client Privilege in Internal Probe

By Sue Reisinger |

The United Kingdom's Serious Fraud Office received a ruling on May 8 from the High Court of Justice in London that it can breach attorney-client privilege to see materials gathered as part of a company's internal investigation.

Jones Day's Munich office

Germany
Munich Court Nixes Jones Day Complaint Over VW Search

By Brian Baxter |

Nearly two months after German law enforcement authorities raided Jones Day's Munich office as part of an investigation into Volkswagen AG, a local court has tossed a complaint by the firm about government efforts to obtain materials on its embattled client.

United Kingdom
Kirkland Raids Freshfields for London Restructuring Partner

By Rose Walker |

Sean Lacey, co-leader of the alternative capital group at Freshfields Bruckhaus Deringer in London, has become the latest partner to leave the lockstep Magic Circle firm for potential riches at Kirkland & Ellis.

Reed Smith Snags Chadbourne's Moscow Managing Partner

By Rose Walker |

Andrei Baev, the head of Chadbourne & Parke's Moscow office, has left the firm ahead of its proposed combination with Norton Rose Fulbright to join Reed Smith.

Littler Mandelson.

Littler Continues European Push With UK Merger

By Chris Johnson |

The labor and employment specialist, which struck a deal with U.K. boutique GQ Employment Law, has now launched in 14 new markets since October 2013.

Could Fox News Woes Lead to Sky Deal Falling?

By Todd Cunningham |

The long-playing Fox News sexual harassment scandal draws scrutiny from U.S. investigators and the U.K. regulators who must approve 21st Century Fox’s $14.8 billion acquisition of Sky News.

Christopher Carroll of Carroll McNulty Kull, left, and Nick Thomas of Kennedys.

Insurance Firms CMK, Kennedys Ink Transatlantic Merger

By Lizzy McLellan |

New Jersey-based Carroll, McNulty & Kull is merging with U.K.-founded Kennedys to form a nearly 1,000-lawyer global firm that specializes in advising the insurance industry.

Former KWM Partners Urged to Donate to 'Hardship' Fund for Displaced Staff

By Rose Walker |

Around 100 former King & Wood Mallesons partners have been called upon to contribute up to £2,500 to a hardship fund set up to assist staff affected by the collapse of the firm’s former Europe and Middle East business.

Gibson Dunn Grabs Third Latham Partner in Frankfurt

By Rose Walker |

Finn Zeidler, a dispute resolution and white-collar defense expert at Latham & Watkins in Frankfurt, has left the firm to join Gibson, Dunn & Crutcher's new office in the German financial services center.

Gibson Dunn takes third Latham partner for new Frankfurt base

By Rose Walker |

Gibson Dunn has hired Latham & Watkins dispute resolution and white-collar defence partner Finn Zeidler in Frankfurt.

London, UK

Quinn Emanuel Adds Clifford Chance Tax Leader in London

By Alex Berry |

Liesl Fichardt, head of the tax investigations and disputes practice at Clifford Chance in London, is leaving the Magic Circle firm to join Quinn Emanuel Urquhart & Sullivan in the city.

London, UK

Quinn Emanuel Adds Clifford Chance Tax Leader in London

By Alex Berry |

Liesl Fichardt, head of the tax investigations and disputes practice at Clifford Chance in London, is leaving the Magic Circle firm to join Quinn Emanuel Urquhart & Sullivan in the city.

Norton Rose Fulbright to Launch in Luxembourg

By Rose Walker |

The global legal giant is poised to open an office in Luxembourg with a team of three partners from local law firms.

The Am Law 100 2017: Warning Signs for the U.K. Market As America's Biggest Get Bigger

By Georgina Stanley |

Latham and Kirkland have outpaced the vereins to take the top two spots in the Am Law 100—but what lessons can U.K. firms learn from this year's rankings?

Mark Liscio, center, Madlyn Primoff, right, and Scott Talmadge, left.

Freshfields Recruits New York Restructuring Team

By Alex Berry |

London-based legal giant Freshfields Bruckhaus Deringer has hired three restructuring partners in New York from newly-merged Arnold & Porter Kaye Scholer. The Magic Circle firm began ramping up its operations in Manhattan two years ago.

U.S. Securities and Exchange Commission.

Former Execs Agree to Penalties in Hungarian Telecom FCPA Case

By Sue Reisinger |

The settlement stems from the 2011 case against Magyar Telekom and three of its former executives.

U.S. Securities and Exchange Commission.

Former Execs Agree to Penalties in Hungarian Telecom FCPA Case

By Sue Reisinger |

The U.S. government's bribery case involving Hungary's largest telecommunications company closes after two former executives Monday agreed to pay penalties and accept a five-year bar on serving as an officer or director.

Hogan Lovells CEO Stephen Immelt.

What Hogan Lovells Did Right (and Wrong) in Its Founding Tie-Up

By Chris Johnson and Rose Walker |

The union of London's Lovells and Washington, D.C.'s Hogan & Hartson is arguably the most successful trans-Atlantic law firm combination ever. But did the firm miss some opportunities?

Barclays Demands Payment of Capital Loans From Former King & Wood Mallesons Partners

By Rose Walker |

In February, a month after the legacy SJ Berwin business went into administration, the bank asked the ex-partners for a payment plan. Now it wants the loans repaid by the end of April.

Rudy Giuliani and Michael Mukasey

Turkish Gold Trader Represented by Giuliani, Mukasey to Get Appointed Supplemental Counsel

By Andrew Denney |

The judge in the case against a Turkish gold trader represented by former New York City Mayor Rudolph Giuliani and former U.S. Attorney General Michael Mukasey said he will appoint independent counsel in the hearing to make sure the defendant understands the possible conflicts involved with his choice of counsel.

Close of the future in customer care reps.

United Kingdom
Billy Bot, a Chatbot with A Funny Streak, Takes A Barristers' Clerkship

By Gabrielle Orum Hernández |

The new chatbot hopes to provide a new public face for barristers' offices.

Pascale Dubois.

World Bank Taps Pascale DuBois as Next Integrity Vice President

By Sue Reisinger |

The World Bank Group is set to name Pascale DuBois to its top anticorruption post as its next Integrity Vice President.

To Boost Teamwork, Linklaters Scraps Individual Partner Targets

By James Booth |

Annual partner reviews will be ditched in favor of more regular feedback from sector or geography leaders.

Clyde & Co Criticized by the Solicitors Disciplinary Tribunal After Fines for Money Laundering Breaches

By James Booth |

The full judgment in the case—which also saw three Clydes partners fined 10,000 pounds—raps Clydes for allowing its name to be “unintentionally lent to what appeared to have been a fraudulent financial scheme."

Will Law Schools’ LL.M Programs Suffer from Trump’s ‘America First’ Stance?

By Karen Sloan |

Law school administrators say concerns are growing from foreign students about how the myriad immigration and travel policies emerging from Washington could impact their plans to obtain LL.M degrees in the United States.

Dentons offices in Washington, D.C., at 1900 K Street, N.W. March 30, 2017.

Dentons Culls Partners Amid Budget Shortfall

By Katelyn Polantz |

The world’s largest law firm by head count asked several U.S.-based partners to leave after it failed to meet its 2016 budget, multiple sources said.

Mark Carney, governor of the Bank of England.

Bank of England Chief Sees No Need for Tougher Fintech Regulation

By Stephanie Forshee |

Fintech could pose a threat to traditional banks in the United Kingdom, according to Bank of England Governor Mark Carney. But that doesn't mean he thinks they should be subject to tougher regulation.

U.K. Incubator Sets Sights on 'Regtech' for Corporate Compliance

By Rhys Dipshan |

The new incubator, Codify, will provide regulation technology startups with logistical resources and strategic advice and direction from corporate professionals.

MOSCOW - AUGUST 21, 2016: Aerial view to Moscow-city (Moscow International Business Center) over Moskva River. Moscow-city is a modern commercial district in central Moscow.

Diplomatic Breakdown Rattles Western Law Firms in Russia

By Miriam Rozen |

For U.S. and international law firms in Moscow, soured geopolitics are making a bad business situation worse.

Paul, Weiss, Rifkind, Wharton & Garrison offices in Washington, D.C. March 24, 2015. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL.

Paul Weiss Poised to Make Rare London Lateral Partner Hire

By Rose Walker |

Alvaro Gomez de Membrillera Galiana, a corporate partner at Simpson Thacher & Bartlett in London, has agreed to join Paul, Weiss, Rifkind, Wharton & Garrison.

Small But Scrappy, Independent Law Firms Make Their Stand

By Chris Johnson |

Facing intense competition from global firms, independent firms have to be smart and disciplined.

Insurance Industry Competition Spurs Creation of New Cross-Border Network

By Meghan Tribe |

Marshall Dennehey Warner Coleman & Goggin has formed a global insurance network with firms in Canada, Spain and the U.K., two months after Wilson Elser Moskowitz Edelman & Dicker launched its own international network.

Slaughters to Send Six-Strong Competition Team to Brussels As Brexit 'Accelerates' Plans

By Anna Ward |

London-based competition head Philippe Chappatte: "We have to invest and make sure we provide an international product to our clients."

Denmark Latest Venue for DLA Piper's Global Growth

By James Booth |

DLA Piper's international expansion spree continued Friday as the legal giant announced a tie-up with 150-lawyer Danish firm LETT. The local shop will be absorbed into DLA Piper’s Nordic verein.

Allen & Overy’s London office

While Not a 'Tech Unicorn,' Allen & Overy Joins Law Firms in the Tech Hub Circuit

By Ian Lopez |

The firm's London office will host a space for clients and technology companies to collaborate on tools for regulations, deals and legal services delivery.

In-house Lawyers Raise Doubts Over Deutsche's Panel Stipulation on Junior Lawyer Pay

By Alex Berry |

The majority of in-house lawyers have reservations about Deutsche Bank’s plan to stop paying panel law firms for work carried out by junior lawyers, but believe the move is likely to start a trend, according to a new Legal Week survey of corporate counsel.

Rudy Giuliani and Michael Mukasey

Giuliani, Mukasey Play Mysterious Roles in Case of Turkish Trader

By Andrew Denney |

A defense lawyer for Reza Zarrab, a Turkish gold trader charged with helping Iran avoid U.S. sanctions, confirmed the attorneys' involvement in response to a court order but said that details of the representation are confidential.

The Volkswagen manufactory in Wolfsburg, Germany

VW Appoints Kurt Michels Chief Compliance Officer

By C. Ryan Barber |

Volkswagen Group has named Kurt Michels as the German automaker's new chief compliance officer, a hire that comes as the company seeks to move past its multibillion-dollar emissions scandal.

Partners Question 'Unreasonable' Deutsche Bank Demands on Junior Lawyer Pay

By Anna Ward |

Almost 60 percent of partners think Deutsche Bank’s plan to stop paying panel law firms for work carried out by junior lawyers is unreasonable, according to a new survey.

New Law Firm Leasing in London Falls 50 Percent As Top Firms Rethink Capital Costs

By James Booth |

Factors such as flexible working, new technology and the Brexit vote are pushing law firms to rethink their real estate footprint.

Allen & Overy Set to Expand Flexible Lawyer Service Across Europe and the U.S.

By Rose Walker |

The U.K. law firm is planning further expansion of its flexible lawyer scheme Peerpoint following a successful pilot in the Netherlands, with continental Europe and the United States pinpointed as key targets.

Michael Bennett

'A Mandate to Grow' - Linklaters Litigation Chief on the Firm's Plans to Boost its Disputes Credentials

By James Booth |

"Although the firm has been around for 180 years, we only elected our first litigation partner in 1971,” says Michael Bennett, the head of Linklaters’ dispute resolution division.

China
'We Are Not Recreating SJ Berwin' - Looking Forward with KWM 2.0

By Rose Walker |

This January, around 30 partners from King & Wood Mallesons' pared-down European, Middle East and U.S. offices travelled to Beijing for KWM China’s partnership meeting. A weekend of team performances —from karaoke to flamenco—ensued. But also centre stage, and very much up for discussion, were the prospects for the firm’s business outside Asia-Pacific.

Dentons Enters Tbilisi as DLA Piper's Europe Exits Continue

By Rose Walker |

DLA Piper is pulling out of the former Soviet republic of Georgia, with rival global legal giant Dentons poised to take on all of the firm's 11 lawyers in Tbilisi.

United Kingdom
Global Law Firms and Vereins: The End of the Affair?

By Chris Johnson |

In the inexorable march toward greater global consolidation, will law firms steer clear of the verein structure?

In a First, Major UK Client Says No to Paying for Junior Lawyers

By Anna Ward and Alex Berry |

Deutsche Bank's decision not to pay newly qualified lawyers in London is the first apparent instance of a U.K. client adopting the trend long seen in the United States.

Expert Analysis: Enforcing Foreign Arbitral Awards Against Foreign Corporations Registered to Do Business in New York

By Henry Weisburg, Christopher Ryan and Daniel Purisch |

Henry Weisburg, Christopher Ryan and Daniel Purisch of Shearman & Sterling discuss the Second Circuit's 2016 decision in Brown v. Lockheed Martin, which provides guidance as to how the principles established in the Daimler precedent should be applied to business registration statutes and illustrates why New York courts should not be able to exercise personal jurisdiction over an award debtor solely on the basis of business registration.

DLA Piper to Close Berlin Office as DWF Takes Team for Launch

By Rose Walker |

DWF will take over the office on April 3 and launch with eight lawyers initially, including three partners.

Jones Day's Munich office

German Prosecutors Raid Jones Day Offices

By Brian Baxter |

Jones Day, a firm with close ties to the current U.S. president, saw its offices in Germany raided Wednesday by local prosecutors investigating its client, Volkswagen AG, as part of a probe into an emissions software scandal at the auto giant.

DOJ Indicts 4 in Yahoo Data Breach Linked to Russia

By Ross Todd |

An indictment unveiled in San Francisco Wednesday includes two Russian Federal Security Service officers.

The Irish Case That Could Upend US-EU Data Transfers (Again)

By Ben Hancock |

Depending on the court's ruling, the legal mechanism most companies rely on to transfer personal data outside the European Union could start to unravel.

Dentons Signage in Atlanta.

Dentons Trims Ranks on Both Sides of the Atlantic

By James Booth |

The global legal giant, having just absorbed firms in Costa Rica and the Netherlands, is slashing 60 jobs in the U.S. and up to five lawyer jobs in the U.K. in order to streamline its operations.

Julie Q. Brush, Solutus Legal Search .

Are Lawyers With Foreign Law Degrees at a Disadvantage in the U.S. Market?

By Julie Brush |

U.S. trained lawyers still dominate the legal landscape and competition is fierce. But the environment is now a bit kinder for diverse profiles.

Kathleen A. Scott

Trump Deregulation: What's in It for Non-U.S. Banks?

By Kathleen A. Scott |

In this expert analysis column, Norton Rose Fulbright counsel Kathleen A. Scott discusses the Trump administration's initial efforts at addressing what the U.S. president sees as over-regulation, and suggests what effect it might have on non-U.S. banks' operations in the United States.

McDermott to Close Rome Office, With Layoffs to Follow

By Rose Walker |

The Chicago-based Am Law 100 firm will shutter its outpost in Rome later this year, a decision that will likely result in the loss of 38 jobs, including 17 lawyers, eight of whom are partners.

'There Are Enough Ambitious Men Around': Female Practice Heads on Making It to the Top

By Anna Ward |

Despite efforts to boost diversity, men still outnumber women more than five to one when it comes to running global practices at the UK’s top law firms. Here, Legal Week speaks to some of those who have made it about how they achieved success, the reality of their roles and their advice to the next generation.

DLA Piper Combines with Portuguese Alliance Firm

By James Booth |

DLA Piper has continued its European expansion by combining with its Portuguese alliance firm ABBC. DLA Piper first struck its association with the Portuguese firm in 2010, with the business working closely with DLA Piper’s Madrid office.

Slaughters Selects 5 Companies for Free Legal Advice in New Fintech Scheme

By Anna Ward |

The companies will receive legal advice, access to model legal documentation and tailored coaching in areas such as pitching and presentations.

The Untold Story Behind Big Law Mergers: Revenue Slips, Costs Rise

By Roy Strom |

Attention, partners and Big Law leaders at newly formed mega-firms. Not to interrupt your post-merger glow, but a new report by ALM Intelligence finds that most major law firm combinations since 2000 have not resulted in significant growth.

DLA Postpones Pay Reviews, Seeking More Time to Assess Moves by Competitors

By James Booth |

DLA Piper has delayed pay reviews for its lawyers by two months, until July, to allow management more time to assess moves made by competitor firms.

Paris, France

Ogletree Adds Paris Office as Employment Firms Expand Global Reach

By Meredith Hobbs |

Labor and employment giants Ogletree and Littler are pursuing different growth strategies, but both involve heavy bets on Europe.

Freshfields Partner Takes Permanent Role as Rio Tinto Legal Chief

By Alex Berry |

After leading the company's legal team on a temporary basis during a two-month secondment, Freshfields Bruckhaus Deringer City corporate partner Philip Richards has been permanently appointed group executive for legal.

Paris, France

Reed Smith Hires 8 Lawyers from Winston & Strawn in Paris

By Rose Walker, Legal Week |

Reed Smith has continued its European expansion with the hire of an eight-lawyer tax team, including three partners, from Winston & Strawn in Paris.

Rio Tinto's Simadou mine in Guinea

Freshfields Partner Seconded to Rio Tinto as Interim Legal Chief

By Alex Berry |

Freshfields Bruckhaus Deringer City corporate partner Philip Richards has been seconded to lead Rio Tinto’s legal team after the departure of previous head Debra Valentine. The company terminated Valentine's contract in November.

Dentons Continues Global Expansion with Netherlands Merger Deal

By Alex Berry |

Dentons has secured its first base in the Netherlands, via a merger with 70-lawyer Dutch firm Boekel that is expected to go live in April.

Business Strategy, Tech Become Bigger Focus for Some GCs in Europe

By Rebekah Mintzer |

The General Counsel Barometer 2017, a survey from legal services company Wolters Kluwer ELM Solutions, shows general counsel at companies based in Europe are looking to align with business strategy and to increase legal department technological capabilities.

U.S. Court of Appeals for the Second Circuit.

Second Circuit Weighs Limits on FCPA Reach

By Mark Hamblett |

A prosecutor and a defense lawyer gave a federal appeals court starkly different views on just how far the U.S. Congress intended the Foreign Corrupt Practices Act to reach in pursuing bribery abroad.

Phil Ivey.

US Poker Star Takes $10M Cheating Lawsuit to UK Supreme Court

By Chris Johnson |

Phil Ivey has been granted permission by the U.K. Supreme Court to challenge a decision by the Court of Appeal. He is trying to recover 7.8 million pounds ($9.6 million) in winnings that have been withheld by a London casino after he was caught cheating.

Leigh Sprague

Advice From a Former Big Law Lawyer Who Just Got Out of Jail

By Nell Gluckman |

After serving time for stealing $10 million from a Russian oligarch, can Leigh Sprague use his story to keep other lawyers from going astray?

Fairfax Financial Holdings Ltd. Chairman and Chief Executive Officer Prem Watsa speaks during the company's annual meeting in Toronto in this file photo taken April 11, 2013.

Canadian Big Deals

By Marlisse Silver Sweeney |

Fairfax Financial Holdings Limited heads to Switzerland in its biggest acquisition to date, and more.

Belfast at Night over the River Lagan, Belfast City, Northern Ireland, United Kingdom (UK).

Ulster University Opens New Legal Innovation Center, a First for the UK

By Zach Warren |

The program arose out of ‘an acknowledgement that there wasn’t sufficient attention paid to legal technology within the legal curriculum in the whole of the U.K.’

White & Case Aims to Go 'Toe to Toe' with Magic Circle in London M&A Push

By Anna Ward |

Former Clifford Chance dealmaker Patrick Sarch is new co-head of London corporate: "Our ambition is to do more big ticket cross-border U.K. M&A work and to be recognized as such."

Law Firms Look to Ireland Amid Concerns over London's Future

By James Booth |

Few foreign firms have previously ventured into Dublin's cozy legal market. With Brexit, that is likely to change.

Clifford Chance Uses Lockstep 'Super Points' to Reward Top Performers as Offices Face Profit Share Cuts

By Anna Ward |

Clifford Chance has broken its core lockstep in London and New York to use the ‘super-point’ tier reserved to reward star performers. Meanwhile, the firm considers placing some international offices on a lower lockstep rung to boost profitability.

Justice Sonia Sotomayor.

Supreme Court Limits Patent Liability for Component Makers in Global Supply Chain

By Scott Graham |

A unanimous court reversed the U.S. Court of Appeals for the Federal Circuit, ruling that shipping a single component cannot trigger a provision of the Patent Act that applies extraterritorially.

Am Law 100/200: The Early Reports

By ALM Staff |

A sneak peek at 2016 financial results for some of the biggest firms in the United States.

(l-r) Daryl Lansdale, Peter Martyr and Andrew Giaccia.

It’s Official: Norton Rose Fulbright, Chadbourne & Parke Catch Merger Fever

By James Booth and Christine Simmons |

Norton Rose Fulbright confirmed Tuesday that it will merge with Chadbourne & Parke, creating a combined law firm with revenues of just under $2 billion. Chadbourne, which operated as an independent firm for 115 years but had struggled recently with defections, will leave its name behind.

Paris, France.

Orrick Hires Four-Lawyer Clifford Chance Paris Team

By Anna Ward |

The head of Clifford Chance's French competition practice, Patrick Hubert, leads three colleagues to Orrick to develop a European antitrust practice there.

Transatlantic Legal Awards Launch with Call for Entries Showcasing Top Deals and Law Firms

Submissions are now being accepted for the June awards, which recognise excellence in handling transatlantic matters across the key areas of corporate, finance and disputes, as well as highlighting law firm innovation, commitment to pro bono, outstanding transatlantic strategy and in-house leaders.

Deal Watch: Two Big Firms Advise on Scuttled Unilever-Kraft Heinz Merger

By Brian Baxter and Meghan Tribe |

Linklaters and Paul Weiss landed lead roles on a since aborted $143 billion takeover bid for London-based Unilever plc by Pittsburgh-based Kraft Heinz Foods Co., a megamerger that would have united two of the world’s largest food companies.

Q&A: Slaughters’ Richard Swallow on Rolls-Royce, Wheeling Boardman Through an Airport and Advising Britney Spears

Richard Swallow, investigations co-head and City disputes partner at Slaughter and May, has spent the past year advising Rolls-Royce on the Serious Fraud Office’s probe into allegations of bribery and corruption at the company.

Jenner & Block Boosts London Office With White & Case Management Committee Member

By Chris Johnson |

Jenner & Block is bolstering its fledgling London office with the hire of Jason Yardley, a senior White & Case disputes partner and a member of the firm's global management committee.

Linklaters and Cleary Among Advisers on Talks over Sale of GM's European Business

By Alex Berry |

Law firms line up on potential sale of Opel and Vauxhall to PSA Group.

RatnerPrestia Settles Dispute Over Scuttled Germany Merger

By Scott Flaherty |

Less than a year after suing Germany’s Stolmár & Partner over a failed combination, Philadelphia area intellectual property boutique RatnerPrestia has settled breach of contract, fraud and other claims against the Munich-based patent firm.

Why Are International Law Firms Pulling Out of Qatar?

By James Booth |

It has been a bad week for the international legal market in Qatar, with both Clifford Chance (CC) and Herbert Smith Freehills (HSF) confirming they will shut up shop in Doha this year.

Former KWM Staff Team Up for Legal Action over Handling of Redundancy Process

By Rose Walker |

About 200 former King & Wood Mallesons (KWM) European and Middle East (EUME) employees, including lawyers, have turn to employment law firm Herrington Carmichael to handle their claim that KWM failed to enter a formal consultation process of 45 days prior to making layoffs.

Melbourne, Australia

Australia
Herbert Smith Freehills Sues Partners Poached by White & Case

By Anna Zhang |

Eight Australian partners at Herbert Smith Freehills have been named as defendants in a case over their en masse defection to the U.S. firm.

KWM Partners Rejected Repeated Attempts to Raise Capital in Years Before Collapse

By Rose Walker |

King & Wood Mallesons’ (KWM) Europe and Middle East (EUME) partners rejected at least four attempts by management to increase capital at the firm between 2011 and 2015, it has emerged.

Is Big Law Finally Ready For Trans-Atlantic Consolidation?

By Chris Johnson |

It's time once again to examine whether the legal market will consolidate across the Atlantic.

Freshfields Bruckhaus Deringer

Freshfields Management Team Saw Aggregate 8% Pay Increase in 2015-16

By James Booth |

The firm’s limited liability partnership (LLP) accounts for the year ending April 30, 2016 show that the amount paid out to the top management team increased by 8 percent, from 16.8 million pounds in 2014-15 to 18.1 million pounds.

Uber Chooses DLA, DWF and HSF

By Alex Berry |

DLA Piper, DWF and Herbert Smith Freehills have won places on Uber’s EMEA legal panel after a review of the taxi company’s external advisers.

Clifford Chance to Close Qatar Base as Office Head Relocates to Dubai

Clifford Chance is pulling out of Qatar roughly six years after opening in the country.

Global Lateral Hiring by The Numbers: A Look Behind the High 5-Year Attrition Rate

By Hugh A. Simons |

Half of lateral partner hires are failures. To be precise, 47 percent of laterals don’t stay more than 5 full years.

Norton Rose Fulbright, Chadbourne Chase Merger as Project Pipeline Thaws

By Christine Simmons |

A vote could come soon, with consideration by some committees and the firms’ partnerships within the next few weeks, according to a partner at one of the firms who has been involved in the talks.

Hogan Lovells offices at 555 13th Street, NW in Washington, D.C. October 25, 2016.

Hogan Lovells Calls on Partners to Pay In £50m Extra Capital

By Rose Walker |

Hogan Lovells partners are to pay in additional capital to the firm later this year, as part of a long-running initiative to boost the global firm's capital reserves.

Mark Wasserman

Merger Vaults Eversheds Sutherland Onto Global Stage

By Meredith Hobbs |

Global firm Eversheds Sutherland made its formal debut on Wednesday, unveiling a new logo and website and cementing the most significant transatlantic tie-up since Norton Rose combined with Fulbright & Jaworski in 2013.

DLA Piper Sets Sights on Ireland in European Expansion Push

By James Booth |

DLA Piper's post-Brexit planning could include expanding the global legal giant's European footprint with office launches in Dublin and Denmark.

FCPA & Anti-Money Laundering: A Special Report

Half of the Financial Crimes Enforcement Network's 2016 enforcement actions were brought against companies in the gaming industry. And U.S. Department of Justice efforts in 2016 added greater specifics on the potential benefits of corporate self-disclosure. And want to know how broker-dealers can rely on investment advisers to verify the identity of shared customers? Read on.

Lawyers Respond to Trump's Immigration Order

More than 4,000 lawyers had signed up to volunteer legal services across the United States by Sunday in response to the Trump administration’s swift move to restrict immigration travel from seven predominantly Muslim countries.

Clyde & Co Senior Partner Simon Konsta.

UK’s Clyde & Co Raids Troutman Sanders for New DC, Chicago Outposts

By Chris Johnson |

London-based insurance specialty firm Clyde & Co has opened new offices in Chicago and Washington, D.C., after hiring 10 partners from Troutman Sanders.

2016- Johnson & Johnson Office in North America. from Flickr

Deal Watch: Six Firms Advise on J&J's Actelion Acquisition

By Meghan Tribe |

Cravath, Swaine & Moore, Slaughter and May and Wachtell, Lipton, Rosen & Katz are leading a team of firms that have landed lead roles on Johnson & Johnson’s proposed $30 billion buy of Swiss biotechnology company Actelion.

KWM Creditors Report Reveals Failed Merger Efforts and Millions Raised by Business Sell-Off

By Rose Walker |

The administrators of King & Wood Mallesons’ (KWM) European arm have released details of the sums raised by the break-up and sale of the business in a letter to creditors that also sheds light on the failed efforts to secure a single-firm takeover.

Eversheds Introduces Bonus to Reward Cross-Selling With Sutherland

By James Booth |

Eversheds and its new U.S. merger partner Sutherland Asbill & Brennan will create a new bonus system to reward partners for facilitating integration once the merger between the two firms goes live on Feb. 1.

What Went Wrong at KWME? Partners Opine About Demise of Legacy SJ Berwin

By Anna Ward |

Poor leadership and a reluctance to deal with longstanding issues were the key factors behind the collapse of King & Wood Mallesons' European arm (KWME), according to a survey of London partners by sibling publication Legal Week.

Dan McMahon

Wilson Elser Helps Launch Global Insurance Law Network

By Meghan Tribe |

The Am Law 100 firm has teamed up with Australia's Wotton + Kearney, British firm DAC Beachcroft and Germany's BLD Bach Langheid Dallmayr to form the Legalign Global insurance network.

Reed Smith Seals Hire of 50-Strong KWM Team

By Legal Week Staff |

Reed Smith has confirmed the hire of 17 partners from King & Wood Mallesons in London, Germany and Paris, who bring with them sizeable teams of lawyers, trainees and support staff.

Currency Hedging: A Contrarian View

By Hugh A. Simons |

This former Am Law 100 COO says law firms should pause before adopting a new trend reported by Am Law Daily last week of law firms hedging currency to battle fluctuations in exchange rates.

King & Wood Mallesons

King & Wood Mallesons Addresses Past Failures and Future Plans

By Anna Zhang |

King & Wood Mallesons management told clients this week that the collapse of its legacy SJ Berwin business in the U.K. and Europe was the result of poor leadership and a lack of consensus among European partners, and described how the firm plans to rebuild its operations across the region.

A Ukrainian service person during Rapid Trident 2016 international team and staff drill in Yavoriv training range in the Lviv Region. Stringer/Sputnik via AP

Covington to Represent Ukrainian Oil Company in Case Against Russia

By Scott Flaherty |

Covington & Burling has secured a $6.31 million contract to represent Ukraine's state-run oil company Naftogaz in an arbitration dispute against the Russian government over its 2014 incursion into Crimea.

U.K. Lawyers’ Anti-Brexit Group Re-Forms To Assist Government On EU Split

By Chris Johnson |

Lawyers In For Britain—not to be confused with the pro-Brexit Lawyers For Britain—was initially established by Freshfields Bruckhaus Deringer competition partner John Davies in early 2015.

As Currencies Suffer, Law Firms Try Hedging to Safeguard Revenues

By Nell Gluckman |

As the British pound falls, so does the reluctance of many firms to gamble on future exchange rates.

King & Wood Mallesons.

China
KWM Confirms Names of Partners Staying on After Europe Administration

By Rose Walker and Anna Zhang |

King & Wood Mallesons (KWM) has confirmed the names of 17 partners who have agreed to stay on with the firm in the wake of the administration of its European, UK and Middle East (EUME) business. Seven partners will stay on to maintain a London presence for the firm, as will as a three-partner team in Frankfurt.

KWM 2.0 Takes Shape

By Anna Ward |

King & Wood Mallesons has not lost its foothold in Europe—yet. As the legacy SJ Berwin business heads towards administration, the firm has carved out a deal to retain 30-40 lawyers across Europe. But will the new business regain client trust?

Olswang's Management Pay Drops Nearly 40 Percent as CMS U.K. Partners See Profits for Distribution Fall

By Anna Ward |

Olswang’s management team saw its combined pay fall by more than a third in 2015-16, as its merger partner CMS Cameron McKenna saw profit available for division among members plunge 18 percent in the same period, according to the firms’ latest filings with Companies House.

KWM Drops Suit Against Ex-Partner in Deal With Goodwin Procter

By Rose Walker |

Goodwin Procter will take on a 26-lawyer team from King & Wood Mallesons (KWM) in London, with the group hire granted as part of a deal that also saw KWM drop litigation against the Boston-based Am Law 100 firm and corporate partner Richard Lever.

How VW's In-House Lawyers Screwed Up a Litigation Hold

By Sue Reisinger |

The obstruction of justice charge filed against Volkswagen AG pertains not only to lies by employees to federal regulators, but also to actions by VW's in-house legal team, according to statements attached to the plea agreement.

Six More KWM Partners Find New Homes As Exits Continue

By Rose Walker |

Reed Smith, Mishcon de Reya and Simmons & Simmons are all set to boost their London offices with partner hires from King & Wood Mallesons’ stricken European business.

Private Equity-Backed UK Firm Spent Million Dollars on Failed Acquisition

By Chris Johnson |

A U.K. law firm with private equity backing spent almost a million pounds attempting to buy a rival insurance practice in 2015, accounts have revealed.

Freshfields Bruckhaus Deringer

Freshfields Offers Voluntary Redundancy to 180 London Secretaries

By James Booth |

Freshfields Bruckhaus Deringer has offered voluntary redundancy to all of its London secretarial staff, in a move that affects roughly 180 individuals.

The Patent Implications of Using AI in the Global Marketplace

By Jason Lohr, Hogan Lovells |

International usage can lead to problems through data collection, disclosure and more.

Smith Gambrell Bolts on NY Boutique, Sails Into Europe

By Meredith Hobbs |

As large U.S. firms jockey to stake out a global presence, Smith Gambrell & Russell is expanding its reach with new international offices in the United Kingdom and Germany.

DLA Piper Profits As BHS Administration Fees Near £3 Million

By Chris Johnson |

DLA Piper continues to profit from its role advising the administrators on the collapse of British high street retailer BHS, with a leaked document revealing that professional advisors racked up another million pounds in fees in less than six weeks.

Dentons Hires Skadden’s Europe Competition Co-head in Brussels

By Anna Ward |

Dentons has hired Skadden Arps Slate Meagher & Flom’s co-head of European competition James Venit in Brussels.

Uber, DLA Piper Dealt Another Blow in Workers' Rights Battle

By Chris Johnson |

In the latest development in Uber Technologies' long-running workers' rights battle in Europe, a Swiss insurance agency has ruled that its drivers are employees for whom the company must pay social security contributions.

UK Law Society Chief Resigns Over Lack of Reform Progress

By Chris Johnson |

In a letter to the Law Society’s governing council, Catherine Dixon said that she “cannot in good faith continue to be CEO of an organization which is not prepared to change.”

Global Law Firms Face a World of Questions in 2017

By Chris Johnson |

International law firms and multinational companies face an uncertain 2017.

No Time to Waste: U.S. Companies Will Face European, Homegrown Privacy and Security Challenges in 2017

By Donald G. Aplin, Bloomberg Law |

A look at the GDPR “tidal wave,” FTC authority clarification and more security and privacy challenges to watch for next year.

KWM China in Talks to Pick Up 10-Lawyer City Disputes Team

By Rose Walker |

King & Wood Mallesons China is in discussions to acquire a team of more than 10 London dispute resolution lawyers, as it bids to retain a small outpost in Europe, the Middle East and Africa, staffed with lawyers from the rapidly disintegrating legacy SJ Berwin business.

KWM Latest: 40 Partners Have Quit Since October, City Rallies to Save Trainees

By Alex Berry and James Booth |

With all single-firm acquisitions of the business off the table, it is every person for himself or herself, prompting a scramble of partner exits.

Ashurst Partners Approve Move to Annual Profit Payout

By Legal Week |

Ashurst partners have voted in favour of overhauling the firm’s profit distribution system in a move that means partners will only receive a single profit payment each year, instead of the current quarterly system.

Dentons office in Washington, D.C.

9 Startups Backed By Dentons' NextLaw Labs in 2016

By Gabrielle Orum Hernández |

The global law firm’s innovation arm is helping to launch a variety of new tech solutions in an effort to help mitigate legal pain points.

Are US Lawyers a Weak Link in the Fight Against Money Laundering?

By Susan Beck |

The United States trails other nations when it comes to attorneys' anti-money laundering requirements.

Attorney-General for England and Wales Jeremy Wright.

Britian's Attorney General Talks About Brexit and the Rule of Law

By Lisa Shuchman |

In early December, U.K. AG Jeremy Wright was in New York, telling top global law firms and their clients not to be overly concerned about Brexit. Despite turmoil and uncertainty created by Brexit, Britain is open for business, he said.

KWM Europe Announces Intention to Appoint Administrators

By Rose Walker |

The firm is expected to file for pre-pack administration in January, with numerous partners and teams being acquired by rival firms ahead of this move.

Teva Agrees to Pay $520M Over Bribes to Foreign Officials

By Charles Toutant |

Generic drugmaker Teva Pharmaceutical Industries Ltd. has agreed to pay more than $283 million to resolve criminal charges and fines over bribes to government officials in Russia, Ukraine and Mexico, in violation of the Foreign Corrupt Practices Act.

Sam72/Shutterstock

U.K. Firms Put Outside Money to Work

By Chris Johnson |

External investment is fueling rapid growth for at least some of the British law firms that have converted to an alternative business structure, or ABS.

Rules of the Road for Using Experts in International Arbitration

By Gilbert A. Samberg |

In international arbitration, relevant codified procedural rules are scarce. How, then, does one manage procedures concerning experts in international arbitrations? And what about all of the tactical decisions that would routinely follow from such rules?

A Braskem petrochemical plant in Brazil

Brazilian Company to Pay Record $2.6B Fine to Settle Foreign Bribery Case

By Mark Hamblett |

Brazilian construction conglomerate Odebrecht SA pleaded guilty to a single charge of conspiracy to violate provisions of the Foreign Corrupt Practices Act in a sweeping deal with U.S. prosecutors and authorities in Brazil and Switzerland.

KWM China in Talks to Take On Multiple International Offices as Former Partners Are Emailed About Potential Tax Liabilities

By Anna Ward |

King & Wood Mallesons' China arm is in talks to take on large teams of lawyers from the firm’s Dubai, Germany, Italy and Spain offices as well as City corporate and litigation teams, with the news coming as former partners have been emailed about potential liabilities they may face relating to the firm’s pending January tax bill.

David Rivkin

A Bar Association That Stands Up for the Rule of Law

By Michael D. Goldhaber, The Global Lawyer |

Rather than being a self-serving lobby or guild, the International Bar Association has become a progressive voice for the profession. Few today think the "A" in ABA stands for admirable. But the "I" in IBA could plausibly stand for inspiring.

King & Wood Mallesons.

Opinion: Another Big Law Firm Stumbles

By Steven J. Harper |

The collapse of King & Woods Mallesons Europe shows that the central problem afflicting most troubled law firms remains the same.

DLA To Hire 6 King & Wood Mallesons Real Estate Partners

By Rose Walker |

KWM partners William Naunton, Cornelius Medvei, Edward Page, Jeremy Brooks, George Burrha and Bryan Pickup are all set to join DLA along with managing associate Omer Maroof, who is to join the firm as a partner.

HSBC Adds Davis Polk to Global Panel

By Rose Walker |

Existing panel members Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters have all been reappointed alongside Norton Rose Fulbright.

Clyde & Co's Half-Year Revenue Jumps 17 Percent After International Expansion

By Anna Ward |

The rise in gross revenue follows a merger with Scotland’s Simpson & Marwick last year, the launch of new offices in Miami and Duesseldorf and further expansion in Australia.

Eversheds Eyes Further U.S. Tie-Ups After Sutherland Merger

By Anna Ward |

"This isn't the end of the journey," says Eversheds chief executive Bryan Hughes.

David Friedman, left, and Donald Trump in 2010

Longtime Trump Lawyer Gets Nod for Israel Ambassador Post

By Scott Flaherty |

The president-elect tapped David Friedman, a bankruptcy lawyer, Israel hawk and founding partner of Kasowitz, Benson, Torres & Friedman.

Eversheds and Sutherland Asbill & Brennan Partners Vote For Transatlantic Tie-up

By James Booth and Meredith Hobbs |

The pair will combine as Eversheds Sutherland on February 1.

Former Senior Partner Kon Resigns From KWM Europe as Firms Circle

By Rose Walker |

Competition lawyer Stephen Kon, who joined legacy SJ Berwin in 1982, served as EUME senior partner for four and a half years from 2012, during which time he oversaw the merger between legacy SJ Berwin and China/Australia firm King & Wood Mallesons.

In London, the houses of Parliament on the river Thames

18,000 Legal, Accounting Jobs At Risk As EU Targets Key London Finance Business

By Chris Johnson |

The European Union is to make a renewed attempt to wrench euro-denominated clearing business from London to the eurozone in a move that could cost tens of thousands of jobs in the U.K. capital.

Stephen Kon, King & Wood Malleson

United Kingdom
As Suitors Circle, Ex-KWM Senior Partner Resigns

By Rose Walker |

Stephen Kon, a former senior partner for King & Wood Mallesons' Europe and Middle East arm, has resigned from the firm. The antitrust lawyer, who joined legacy firm SJ Berwin in 1982, helped oversee its combination with KWM in 2013. In September, Kon left his leadership role at the combined firm in anticipation of his retirement.

Quinn Emanuel Bulks Up Antitrust Practice in Brussels

By Nell Gluckman |

Trevor Soames, who previously practiced at Howrey and Shearman & Sterling, joined the litigation powerhouse Tuesday. The antitrust lawyer had started his own boutique in November.

What Went Wrong at King & Wood Mallesons?

By Chris Johnson and Rose Walker |

When Chinese-Australian giant KWM joined forces with the U.K.'s SJ Berwin, the firm was hailed as a global pioneer. Just three years later, the verein's European arm is on the brink of collapse.

King & Wood Mallesons.

In Asia, King & Wood Mallesons Still Going Strong

By Anna Zhang |

The turmoil in the European arm of King & Wood Mallesons has not affected the firm’s operations in Asia, where some consider it one of the best and most internationalized firms in China.

Brexit Vote Lawyer “Confident” of Supreme Court Victory

By Chris Johnson |

The U.K. government has appealed a landmark High Court ruling that parliament must be allowed to vote on the triggering of Article 50, which starts a two-year deadline for a European Union member to complete its withdrawal from the political bloc.

Legal Tech Eyes Automation to Ease EU Data Compliance Challenges

By Ricci Dipshan |

Legal technology providers are leveraging automation to help global organizations bring their data storage and organization processes in line with Privacy Shield and GDPR regulations.

European Union and British Union Jack flag flying in front of the Bank of England as symbols of the financial repercussions of the Brexit EU referendum.

United Kingdom
Leaked Magic Circle Document Shows Banks Want 5-Year Brexit Transition

By Chris Johnson |

A leaked document produced by Magic Circle law firms Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters has revealed that the U.K. finance industry wants the British government to allow it to remain subject to European Union laws for up to five years after Brexit.

King & Wood Mallesons Europe Heading Towards Pre-Pack Administration

By Chris Johnson |

The situation at King & Wood Mallesons is coming to a head. Sources at the firm say that its beleaguered European arm is heading for a pre-packaged administration, the U.K. equivalent of bankruptcy, with negotiations already at an advanced stage. An announcement should occur in the second half of next week.

IPO Funds Continue to Fuel Massive Growth at Publicly Listed UK Firm

By Chris Johnson |

The U.K.’s first publicly traded law firm continues to power ahead, with Gateley announcing that its revenue increased 19 percent and its pre-tax profit soared 44 percent in the first half of the current fiscal year.

Mark Hastings

Quinn Emanuel Adds London Fraud Litigator

By James Booth |

Mark Hastings, head of civil fraud at British firm Addleshaw Goddard, is leaving the firm to become a partner in the disputes practice at Quinn Emanuel Urquhart & Sullivan in London.

Mark Soundy

Goodwin Procter Grabs Shearman & Sterling UK Duo

By Rose Walker |

Former Shearman & Sterling private equity partner partner Mark Soundy and tax partner Sarah Priestley have resurfaced at Goodwin Procter. Soundy is joining the Boston-based firm next week, with Priestley poised to join him at Goodwin Procter in January.

Special Report: The Road Ahead for Big Law

By Staff |

Eight significant developments in the past year, and what the future might hold.

Dutch Banks ABN AMRO and NIBC Kick Off Panel Reviews

By Alex Berry |

ABN calls the move "a normal periodic review," while NIBC says it aims "to use a more select group of law firms to improve efficiency, speed and quality for both ourselves and our clients.”

One Team, One Firm, One Fine Mess

By Georgina Stanley |

Why King & Wood Mallesons is bad news for verein advocates.

What Is Eversheds Up To?

By Nicholas Bruch |

A look at the rationale behind the proposed tie-up between U.K.-based Eversheds and Atlanta-based Sutherland.

A Big Day For Big Law Mergers

By Chris Johnson |

News of no fewer than three transatlantic mergers broke on Tuesday. Eversheds and Holman Fenwick Willan both ended their long-running search for a U.S. combination, while Dentons emerged as a possible savior for the struggling European arm of King & Wood Mallesons.

In London, the houses of Parliament on the river Thames

Why A&O Won’t Be The Only U.K. Firm To Post Record H1 Results

By Chris Johnson |

Among all the excitement of transatlantic law firm mergers and the ongoing saga at King & Wood Mallesons, news that Allen & Overy’s revenue increased by an impressive 13 percent in the first six months of the fiscal year got somewhat lost in the mix.

Akin Gump Strauss Hauer & Feld offices in Washington, D.C. November 10, 2015. Photo by Diego M. Radzinschi/THE NATIONAL LAW JOURNAL.

Akin Gump Snags Baker & McKenzie International Trade Pro in Europe

By Nell Gluckman |

Jasper Helder, the chair of Baker & McKenzie's Europe, Middle East and Americas international trade practice group, has joined Akin Gump Strauss Hauer & Feld's London office.

Richard Crump and Glenn Legge of Holman Fenwick Willan LLP

Houston's Legge Farrow Inks Merger With Leading UK Firm

By Chris Johnson |

Houston's Legge, Farrow, Kimmitt, McGrath & Brown has agreed to merge with London-based Holman Fenwick Willan, one of the U.K.'s 30 largest law firms by revenue.

Leaked Emails Show Russian Lawyers Manipulated Yukos Court Rulings

By Chris Johnson |

Lawyers for Russia’s state-controlled oil giant Rosneft manipulated court rulings in order to help it seize hundreds of millions of dollars in assets belonging to the now-defunct private oil major Yukos, the Financial Times reports.

Dentons in Talks to Take on KWM's European Arm

By Alex Berry |

Dentons has emerged as a potential merger partner for the beleaguered European arm of King & Wood Mallesons.

L-R Mark Wasserman and Bryan Hughes

United Kingdom
Sutherland and Eversheds Are in Talks to Combine

By Meredith Hobbs |

Atlanta-based Sutherland Asbill & Brennan is in talks to combine with Eversheds, one of the U.K.'s largest firms, the two firms announced Tuesday.

Uber Taps Cuatrecasas for Landmark EU Regulatory Case

By Rebekah Mintzer |

Uber Technologies Inc. has chosen Cani Fernández, an attorney with experience in antitrust, mergers and acquisitions and European Union affairs at Cuatrecasas, Goncalves Pereira, to argue on its behalf in a European Court of Justice hearing that could determine how Uber should be regulated within the European Union.

Addleshaw Goddard Partners Approve HBJ Gateley Scottish Merger

By James Booth |

The combination, which will go live on June 1 next year, will boost Addleshaws’ revenue by more than 20 million pounds and bring the firm new offices in Edinburgh, Glasgow and Aberdeen.

U.K. Central Bank Chief Plans Secret Brexit Deal, Transition Could Take Seven Years

By Chris Johnson |

The head of the U.K.’s central bank is working on a secret deal that would see British businesses retain access to the European single market for at least two years after the country leaves the EU, according to The Sunday Times.

What's Next for King & Wood Mallesons' Embattled European Arm?

By Anna Ward |

Accountants, partnership experts and restructuring lawyers weigh in on KWM Europe's options.

China
Skadden Leads Ctrip's $1.7B Skyscanner Buy

By Anna Zhang |

The Chinese online travel agency is buying the U.K. competitor to boost global offering.

US Court Upholds $505,000 Dutch Judgment Against Greenhouse

By P.J. D'Annunzio |

A Pennsylvania federal judge declined to uproot a judgment against an in-state greenhouse stemming from a Dutch bulb grower's lawsuit filed in the Netherlands.

Partners Size Up King & Wood Mallesons' Predicament

News that KWM's embattled European arm had failed to secure enough support to recapitalize the business has left former partners and others close to the firm reeling. Just 21 of the EUME partnership’s 130 partners agreed to sign up to the bailout

King & Wood Mallesons

KWM Europe Feels Like A Slow-Motion Car Crash

By Chris Johnson |

Watching events unfold at King & Wood Mallesons’ European arm over the past few months has felt like watching a car crash in slow motion.

Bike Courier.

United Kingdom
UK Battle Continues Over Gig Economy Workers' Rights

By Chris Johnson |

The legal battle over workers' rights in the so-called "gig economy" continues to intensify, with the first of four disputes relating to the employment status of bicycle couriers due to begin Tuesday.

Pictet headquarters in Geneva

NY Has Jurisdiction Over Saudi Businessman's Suit Against Swiss Bank, Court Says

By Joel Stashenko |

New York's highest court ruled Nov. 22 that the state's long-arm statute gives its courts jurisdiction to hear a Saudi businessman's claim that a Swiss bank with accounts in the state should be held liable for a bribery, kickback and money laundering scheme involving some of his former employees.

Ashurst to Overhaul Partner Profit Distribution System in Move to Single Annual Payout

By Rose Walker |

Partners would receive a single profit payment each year, instead of the current quarterly system. A vote is scheduled for next month.

Partnership Expert: KWM Clawback 'Practically Impossible'

By Chris Johnson |

A leading expert in partnership law has dismissed the possibility of partners at King & Wood Mallesons’ European arm having to repay two years’ worth of profits if they refuse the offer of a financial bailout from the firm’s Chinese partnership.

Viktor Bout in 2010

Appeals Court Rejects Russian Arms Trafficker's Bid for New Trial

By Mark Hamblett |

A federal appeals court swiftly rejected a bid for a new trial by convicted Russian arms trafficker Viktor Bout.

King & Wood Mallesons

KWM Europe Partners Could See Profit 'Clawbacks' Over Rescue Deal

By Rose Walker |

European partners at King & Wood Mallesons could have two years of profits clawed back if they choose to reject a rescue deal offered by the firm’s Asian arm.

Paul Rawlinson

Baker & McKenzie's Chair on Heading a Global Firm in a Protectionist Era

By Roy Strom |

Baker & McKenzie's Paul Rawlinson is leading a firm known for cross-border dealmaking as protectionist rhetoric threatens to scuttle international cooperation and trade.

UK Court Ruling Increases Liability Exposure of Litigation Funders

By Susan Beck |

On Friday the English Court of Appeal issued a landmark ruling affecting litigation funders who financed an unsuccessful $1.6 billion case against two U.S. oil companies. The court ruled that the funders, under the U.K.’s “loser pays” rule, could be forced to pay more than $24.7 million in legal costs for defendants in the case.

Simmons Invites Lawyers to Pitch for Time Off from Fee Earning to Develop Innovative Ideas

By Anna Ward |

The initiative aims to develop ideas to modernize the firm’s business.

Regulation Snapshot: US, UK and Russian Approaches to Blockchain

By Gabrielle Orum Hernández |

Though leadership shake ups in the U.K. and U.S. have generated uncertainty about blockchain regulation, many global powers are still showing interest in the technology.

British Virgin Islands.

Destination Arbitration? British Virgin Islands Opens New Arbitration Center

By Monika Gonzalez Mesa |

A new arbitration center in the British Virgin Islands has formally opened for business. And some high-profile figures in the arbitration world are getting behind the effort.

Blockchain Stock art

Expert Analysis: Russia's Rising Interest in Blockchain Technologies, Amid Legal Issues

By Brian Zimbler, Dmitry Dmitriev and Andrey Ignatenko, Morgan Lewis |

Current regulations and legal obstacles may pose challenges for Russian promoters and developers of cryptocurrencies and other blockchain applications.

Arnold & Porter and Kaye Scholer Eye Post-Merger Expansion in London and Germany

By James Booth |

With 1,000 lawyers and combined revenues of around $1 billion, the newly mergered firm will have the “firepower to further invest” in its international offices, according to Kaye Scholer managing partner Michael Solow.

China
U.K.'s Fieldfisher Merges With Chinese Firm

By Anna Zhang |

The London-based firm combines with 12-partner boutique JS Partners under a Swiss verein structure.

Private Equity-Backed Law Firm Acquires Two Businesses

By Chris Johnson |

MJ Hudson, founded in 2010 by private equity lawyer Matthew Hudson with financing from several external investors, has bought investment advisory firm Allenbridge and outsourced fund management provider Tower Gate Capital for undisclosed fees.

There's Something Different About the Arnold & Porter Kaye Scholer Merger

By Chris Johnson |

Unusually, this latest law firm combination lacks much of an international angle. But post-merger, the combined firm will have one of the largest London offices of any U.S. firm.

Rio Tinto's Legal Chief Leaves Amid Scandal

By Sue Reisinger |

Debra Valentine, head of mining giant Rio Tinto's legal and regulatory affairs, has suddenly left the company amid an investigation into $10.5 million paid to a consultant in West Africa. Valentine had previously announced plans to retire next May.

King & Wood Mallesons Europe Is Offered Asian Rescue Package—with Some Strings Attached

By James Booth |

At a meeting in London last week, King & Wood Mallesons' European and Middle Eastern partners were told that the firm's Asian offices are willing to offer financial assistance to the troubled European partnership, conditional on a lock-in and a capital raising of 14 million pounds sterling.

King & Wood Mallesons Global Chief to Step Down

By Georgina Stanley |

The hunt for a successor to Stuart Fuller, who will return to practice in Sydney, begins as European partners prepare for a key meeting on firm's finances.

London Law Firm Leaders Assess the Impact of Trump's Election

By Legal Week |

Lawyers express shock, uncertainty: "This dwarfs Brexit."

Dentons Targets Netherlands Merger and Germany Growth

By Anna Ward |

Dentons has re-elected corporate partner Tomasz Dabrowski as its Europe chief executive, as the firm gears up for yet more expansion throughout the continent.

Another Ex-Partner Sued As Firms Get More Aggressive With Leavers

By Chris Johnson |

Addleshaw Goddard has brought arbitration proceedings against its former head of real estate Mark Haywood.

Kirkland, White & Case Partners Join Dechert in London

By Alex Berry |

Kirkland & Ellis finance partner John Markland and White & Case private equity partner Ross Allardice are joining the U.S. firm’s City base.

Empire State Building

British Firms Still Trying to Conquer New York

By Chris Johnson |

The Magic Circle is making progress in New York. But the most lucrative deal work still eludes them.

King & Wood Mallesons, Amid Partner Exodus, Seeks White Knight for SJ Berwin

By Anna Ward and Rose Walker |

King & Wood Mallesons has held talks with Morgan, Lewis & Bockius about a global tie-up, a source briefed on the matter told London-based Legal Week.

King & Wood Mallesons

King & Wood Mallesons Europe Leaders Seeking Financial Help from Chinese Arm

By Rose Walker, Legal Week |

King & Wood Mallesons' new European management team is holding discussions with the firm’s Chinese leadership to work out a way forward for its European arm, which is under pressure following a series of high profile partner exits.

Facebook Tells U.K. Insurer Not to Read Users' Post Data to Set Prices

By Thomas Phillips |

Facebook denied insurance company Admiral’s plan to scan potential customers’ posts on the social network to gather information used in setting their individual prices.

Linklaters Partners Vote in Favor of Lockstep Reform

By James Booth |

The new measures are intended to increase the flexibility of the firm's lockstep, without going as far as introducing "super points" to reward star performers.

Brexit Will Require Vote by Parliament, U.K. Court Rules

A historic legal challenge over whether U.K. prime minister Theresa May has the power to start the country’s withdrawal from the European Union has succeeded, with a British court ruling that the process must now be subject to a parliamentary vote.

United Kingdom
Move Over Silicon Valley: New U.K. Angel Fund Takes Aim at Big Law Technology

By Gabrielle Orum Hernandez |

These Big Law vet angel funders at Hamilton Ramsey may be a new fixture in the legal tech investment market.

UK's Uber Drivers Get Workers' Rights in Landmark Employment Tribunal

By Chris Johnson |

U.K. drivers for mobile cab-hailing app company Uber have won the right to be classed as workers rather than self-employed after succeeding in a landmark legal challenge.

Grupo Elektra

Grupo Elektra's Intra Mexicana Represented by Jones Day in Multi-Million Dollar Deal

By Monika Gonzalez Mesa |

Mexico City-based electronic money transfer company Intra Mexicana, which operates under the brand name Dinero Express, increased its asset-backed loan program to $421 million, which includes an offering of $184.2 million in public bonds on the Mexican exchange.

Will British Law Firms Ever Be Able To Compete With U.S. Rivals For Partner Hires?

By Chris Johnson |

U.S. firms have been systematically poaching partners from U.K. rivals for decades. But their dominance of the London recruitment market now appears almost absolute.

Will a U.S. Law Firm Join the CMS Merger?

By Chris Johnson |

The ink has barely dried on the three-way merger agreement between U.K. law firms CMS Cameron McKenna, Nabarro and Olswang but rumors are already circulating that an American firm may be joining the party.

Raymond McCord, right, faces the media outside the High Court in Belfast, Northern Ireland, following a judge's dismissal of the U.K.'s first legal challenges to its split from Europe known as Brexit.

United Kingdom
Brexit Legal Challenge Fails as UK Court Declares Lawsuit 'Not Viable'

By Chris Johnson |

A historic legal challenge designed to block Britain’s exit from the European Union has failed after a U.K. court rejected it as “not viable.”

Digital Rights Group Launches Legal Challenge of U.S.-European Data Agreement

A digital rights advocacy and lobbying group has launched a legal challenge against new regulation governing the transfer of personal data between the United States and the European Union.

Freshfields Sees Another IPO Pulled As Capital Markets Slump Continues

By Chris Johnson |

Less than two weeks after acting on the cancelled initial public offering of the U.K.’s largest private gym chain, capital markets lawyers at Freshfields Bruckhaus Deringer have once again seen their work go to waste with software company Misys pulling its $5.5 billion IPO.

King & Wood Mallesons Puts Brakes on Recapitalization as Four High-Profile Partners Quit

By Georgina Stanley |

The firm confirmed the resignation of U.K. investments funds head Michael Halford, private equity partner Jonathan Pittal and corporate partner Andrew Wingfield. Former managing partner Rob Day has also indicated his intention to resign from the beleaguered firm, which has seen a spate of exits over the last 18 months

U.S. Court of Appeals for the Second Circuit.

Rights of Nonparty, Nonwitnesses Factored in Law Firm's Disqualification

By Mark Hamblett |

The Second Circuit said that Baker & Hostetler partner John Moscow's nine-month representation in 2008 of investment advisory firm Hermitage, a putative victim of a $230 million fraud on the Russian Treasury, disqualified the firm from defending the Prevezon real estate companies, accused of laundering the fraud's proceeds, on a civil forfeiture action.

Dentons Sued over Advice on Gold Trading Scheme

By Rose Walker |

Dentons Europe LLP is the target of a negligence suit filed by more than 200 plaintiffs seeking to recoup investments they made in a gold-trading scheme whose owners were advised by legacy Salans.

Partners At Publicly Listed U.K. Law Firm Pocket $8 Million From Share Sale

By Chris Johnson |

Gateley partners have cashed in after collectively selling more than 5 percent of the firm’s total issued capital, with five members of Gateley’s strategic board pocketing more than $366,000 each.

London Calling: FRONTEO's European Expansion, With Eye on Regulated EU Market

By Ricci Dipshan |

The e-discovery managed services firm noted that it will take a "wait-and-see" attitude to opening an additional center outside of the U.K., given the country's impending Brexit.

Foley Hoag Launches U.N. Practice Group

By Michael D. Goldhaber |

Already a regional power in public international law, Foley Hoag has launched a United Nations practice group, thought to be the first of its kind at an Am Law 200 firm.

Addleshaw Goddard Restarts Salary Reviews and Profit Distributions After Post-Brexit Delay

By James Booth |

Addleshaw Goddard is set to restart its salary reviews and partner profit distributions after delaying both in August as a result of the U.K.’s decision to leave the European Union.

(l-r) Ludwig Bull, Rebecca Agliolo, Nadia Abdul, and Jozef Maruscak

United Kingdom
Crime-Reporting 'Chatbot' the Newest Way Law Students Leveraging AI

By Gabrielle Orum Hernández |

As chatbots pick up steam in legal, University of Cambridge's LawBot can communicate legal information in everyday language.

Hogan Lovells and Mishcon Take Lead Roles as KWM Sues Goodwin and Former Corporate Cohead Lever

By Rose Walker |

King & Wood Mallesons is suing former co-head of corporate Richard Lever and his new firm Goodwin Procter, following a series of partner moves to the US firm.

Why Are Global Firms Less Profitable?

By Nicholas Bruch |

Global 100 data, which provides financial and headcount information on the world’s largest law firms, shows clear tradeoffs to global networks. International firms are less efficient revenue generators than their domestic peers. They are also significantly less profitable.

King & Wood Mallesons Sets Deadline for Paying Out 2014-15 Profit Distributions

By Rose Walker |

The firm's European arm has laid out plans to pay all outstanding profit distributions owed to partners for the 2014-15 financial year by May 2017.

Expert Analysis: Will the DOJ Find Deutsche Bank 'Too Big to Jail'?

By John F. Wood |

Recent media reports regarding a potential multibillion-dollar settlement between the U.S. Department of Justice and Deutsche Bank have breathed new life into the debate regarding whether major financial institutions can be 'too big to jail.'

Is Amal Clooney Out as Lawyer to WikiLeaks’ Julian Assange?

Of all her clients, Amal Clooney has represented one nearly as famous as she is: WikiLeaks founder Julian Assange. But apparently no more. When asked by The Lit Daily about Assange’s lawyers and Clooney’s current role, the WikiLeaks press office responded by identifying nine members of his legal team. Notably absent: Clooney.

Book Review: Biography at Nuremberg

By Michael D. Goldhaber |

In "East West Street," Philippe Sands weaves the stories of three lawyers who passed through Lviv into a grand history of international criminal law culminating at Nuremberg, then folds it into a family mystery-cum-memoir of the Holocaust.

Brexit Lawyer Dismisses Government Vote Promise as 'Sop to Judges'

By Chris Johnson |

In a lawsuit challenging the U.K. prime minister's right to initiate the country's withdrawal from the European Union, a goverment lawyer said Tuesday it was “very likely” that Parliament would be able to vote on the Brexit process. But a lawyer representing the plaintiffs says that's not enough.

Zurich Switzerland.

Switzerland
Baker & McKenzie Bags 10-Lawyer Swiss Team

By Meghan Tribe |
Qualcomm headquarters in San Diego, Calif.

Qualcomm Expands Patent Battle Against Meizu to US, Germany and France

By Jennifer Williams-Alvarez |

Qualcomm Inc. has expanded its patent infringement actions against Chinese smartphone maker Meizu Technology Co. by filing actions in the United States, Germany and France. The San Diego, California-based company was left with "no choice" but to initiate these legal proceedings, according to Qualcomm's general counsel.

Paris, France.

Littler Doubles Down on Europe With 170-Lawyer French Merger

By Chris Johnson |

Almost exactly a year after establishing its first presence outside the Americas with a German merger, Littler Mendelson has expanded its European footprint by combining with 170-lawyer French firm Fromont Briens.

Eleanor Lacey.

SurveyMonkey GC Moves to Sophos

By Stephanie Forshee |

Eleanor Lacey will be leaving SurveyMonkey next month to assume the role of senior vice president and general counsel for global security company Sophos.

Deal Watch: All About Energy and a Sanction-Free Sale

By Meghan Tribe |

Energy company acquisitions dominated the billion-dollar transactional tables last week and a big deal announced over the weekend—one specifically structured to avoid Western sanctions—has yielded roles for a half-dozen firms from the U.K. and India.

U.K. Risks Post-Brexit Split As Scotland Considers New Independence Referendum

By Chris Johnson |

Continental Breakfast: your daily update on what’s happening in Europe.

CMS UK leaders to Retain Roles in Post-Merger Management Team as CMS partners avoid lock-in

By Rose Walker |

CMS has confirmed that the current leaders of CMS Cameron McKenna will retain their titles when the merger with Nabarro and Olswang goes live next year. Meanwhile, partners within CMS said that unlike their counterparts at Nabarro and Olswang, they will not be locked into the firm as a result of the union.

Lloyds Cuts Core Legal Panel from 10 to Eight Firms

By Alex Berry and Rose Walker |

Lloyds Banking Group has finalized its U.K. legal panel review, with DLA Piper and Norton Rose Fulbright losing their places on the roster.

PureGym.

Magic Circle Lawyering Comes to Naught as UK IPO Pulled Due to Post-Brexit Volatility

By Chris Johnson |

Lawyering by Clifford Chance and Freshfields Bruckhaus Deringer came to naught as the U.K.'s largest private gym chain canceled its planned IPO due to concerns over market volatility.

Class Action Filed Against World’s First Publicly Listed Law Firm Over Share Price Crash

By Chris Johnson |

A group of Slater and Gordon shareholders have launched a class action against the Australian personal injury law firm following a catastrophic U.K. acquisition that led to its share price crashing 95 percent in less than a year.

Where Are the Women and Minorities in Global Dispute Resolution?

By Christine Simmons |

Serving on international ADR panels is nice work if you can get it. But those selected as arbitrators are almost always men, predominantly white and disproportionately from wealthy nations.

The Churn

Ashurst Partners Do About-Face, Plus More Lateral Moves

By Brian Baxter |

Paul Hastings and Gibson Dunn see two purported recruits remain at a London-based legal giant; a bevy of moves at Chadbourne & Parke, Jones Day and Quinn Emanuel; Munger Tolles makes two high-profile hires; and other notable additions from throughout The Am Law 200.

'Yukos v. Russia' Update: U.S. Court Stays $50 Billion Enforcement

By Michael D. Goldhaber |

On Sept. 30, a Washington, D.C., federal court stayed U.S. confirmation proceedings pending the claimants’ appeals in the Dutch courts, which in the first instance vacated the $50 billion awards rendered by international arbitrators against Russia for seizing OAO Yukos Oil Co. from its controlling shareholders.

Partners at UK's CMS, Nabarro and Olswang Vote to Approve Three-Way Merger

By Legal Week staff |

The deal will create a firm with more than 4,500 lawyers in 36 countries, with global revenues of more than 1.2 billion pounds.

King & Wood Mallesons Looks to an Aussie Transplant for Europe Turnaround

By Rose Walker |

'Australians take no prisoners': Partners react to the new leadership choice.

Two U.S. Law Firms Look to a Big New Year in Israel

By Michael D. Goldhaber |

A new antitrust law is likely to provide plenty of work for the only two Am Law 200 firms with offices in Tel Aviv.

‘Denial’ Reveals Layers of Libel Law’s Complexity: Movie Review

Tom Wilkinson earned an Oscar nomination portraying a corporate litigator in the midst of a nervous breakdown in “Michael Clayton,” the 2007 George Clooney film about fixers, liars and other ugly fictional players in the legal profession.

Post-Brexit Deal Count Plunges to Lowest Levels Since 2013

By Rose Walker |

Global and European M&A deal volumes fell to their lowest levels for three years during the third quarter of 2016, following Britain’s vote to leave the European Union this past June.

Olswang Asks Partners to Sign CMS-Nabarro Merger Lock-In Agreement

By James Booth |

Partners have been given until Monday to decide whether to commit to the proposed merger with CMS and Nabarro, Legal Week has learned.

Linklaters Partners to Vote on Lockstep Changes at November Conference

By Anna Ward |

The vote will end months of discussion within the firm about changes to the compensation system.

Ashurst to Keep Perry as Second Partner Opts Out of Move to U.S. Rival

By Rose Walker |

Regulatory partner James Perry is to stay at Ashurst despite previously handing in his notice to join Gibson, Dunn & Crutcher.

King & Wood Mallesons Ends Six Month Leadership Search With A Controversial Choice

By Chris Johnson |

King & Wood Mallesons has elected global corporate, M&A and securities co-head Tim Bednall to be its new European managing partner.

Lawrence W. Newman and David Zaslowsky

Expert Analysis: Personal Jurisdiction Under Foreign Sovereign Immunities Act

By Lawrence W. Newman and David Zaslowsky |

When foreign states engage in commercial transactions in the United States, they are subject to the limitations on their sovereign immunity set out in the Foreign Sovereign Immunities Act. How have courts dealt with the most frequently invoked commercial activity exceptions?

Stanford University, 450 Serra Mall, Stanford, CA 94305

European GCs Take Bay Area Tour With 'Mini-MBA' Program

By David Ruiz |

When a group of European general counsel wanted to learn more about technology and the law, they went to the most obvious place: Silicon Valley.

Cadwalader Loses Two Lawyers, But Forges French Alliance

By Christine Simmons |

Gregory Markel and Shane Stroud left Cadwalader, Wickersham & Taft on Monday for Seyfarth Shaw and Hughes Hubbard & Reed, as their former firm inked an alliance with French restructuring firm Bremond & Associés.

U.S Firms Abroad: An Interactive Road Map

By Meghan Tribe |

American law firms continue to spread all over the world, but some markets are more appealing than others. A look at the hot spots (and the not-so-hot spots).

What's New in Yukos v. Russia? The Truth

By Michael D. Goldhaber |

Sometimes litigation slips into self-parody. We may have just reached that point in the Yukos case, with Russia’s “reply to opposition to motion re motion for leave to file a sur-reply in opposition to petitioners’ motion to stay.”

France Offers U.K. Potential Brexit U-Turn, Attempts To Steal Finance Business In Meantime

By Chris Johnson |

Mixed messages from France over whether the country wants Britain to be part of the European Union.

Big British Firms Discussing Three-Way Combination

By Rose Walker and Anna Ward |

CMS, Olswang and Nabarro are weighing up a three-way deal that could create a firm with revenues of more than $1 billion.

Simmons and Linklaters Among 20 Firms Backing Inquiry into UK's Post-Brexit Patent Court Membership

Simmons & Simmons, Linklaters and Herbert Smith Freehills are among 20 law firms supporting an investigation into the legality of the U.K. retaining membership in the Unified Patent Court (UPC) after the U.K. leaves the European Union.

Justice William Blair, judge in charge of the Commercial Court, discusses the introduction of the new Financial List in the High Court of England and Wales at the offices of Brown Rudnick on Sept. 22.

United Kingdom
British Judge Discusses New London Business Court During NY Visit

By Phil Albinus |

As business disputes grow in size and complexity, would a specialized court with judges who are experts in the matters, and who could speed up rulings and appeals, be a good idea in the United States? That was among the topics at a discussion given last week by The Hon. Mr. Justice Blair at the Times Square offices of Brown Rudnick.

Justice William Blair, judge in charge of the Commercial Court, discusses the introduction of the new Financial List in the High Court of England and Wales at the offices of Brown Rudnick on Sept. 22.

British Judge Discusses New London Business Court During NY Visit

By Phil Albinus |

As business disputes grow in size and complexity, would a specialized court with judges who are experts in the matters, and who could speed up rulings and appeals, be a good idea in the United States? That was among the topics at a discussion given last week by The Hon. Mr. Justice Blair at the Times Square offices of Brown Rudnick.

British, European Firms Struggle In Global 100 Rankings

By Chris Johnson |

The American Lawyer’s latest Global 100 survey, which was published this week, doesn’t make pretty reading for firms based on the eastern side of the Atlantic.

VW to Foreign Plaintiffs: Quit Fishing and Do Your Own Discovery

By Jenna Greene |

When foreign plaintiffs requested copies of all the documents—20 million pages—that Volkswagen has produced as part of multi-district litigation in San Francisco federal court, my initial reaction was 'Sure, hand ‘em over.' Except it's not that simple.

The Price of Money: Currency Markets and Global Law Firms

By Nicholas Bruch |

If a law firm bills in any currency other than dollars—which nearly every Global 100 law firm does—those billings are exposed to risks created by currency fluctuation. What does that mean for the firm's bottom line?

Global Legal Award Winners Announced. And the Winners Are...

The American Lawyer honors the most important and creative cross-border work of the year in citizenship/pro bono, disputes, finance and mergers and acquisitions.

business men in London

Quinn Hires Macfarlanes Financial Services Chief in London

By Anna Ward |

In a rare exit for the U.K. firm, Macfarlanes financial services head David Berman in London is leaving for Quinn Emanuel Urquhart & Sullivan.

The Forecast for Big Law in 6 Key Markets

By Nicholas Bruch, senior legal analyst, ALM Intelligence |

International firm leaders are adjusting expectations and taking a more nuanced approach to global expansion.

United Kingdom
Brexit Aftermath: What's in Store for Big Law

By Staff |

The U.K.'s proposed departure from the EU is already shaking up the British legal market.

Interactive Chart: U.S. Firms Abroad

By Meghan Tribe |

American law firms have established themselves all over the globe, but some markets are more vibrant than others, our data shows.

The Hungry Lawyer Abroad

By Vivia Chen |

Sports and culture have become typical devices for lawyers to endear themselves to clients. But what about the globe-trotting lawyer whose social interactions with clients center mainly around food? Sometimes, unfamiliar food.

Survey Reveals the World's Best Legal Brands

By Jennifer Henderson |

Baker & McKenzie is number one again, and the Magic Circle is rising in the Acritas Global Brand Index.

VanderWolf-Images/iStockphoto

Ireland
What Do EU Tax Crackdowns Mean for Irish Law Firms?

By Chris Johnson |

Ireland's favorable tax environment has long been a boon for its biggest law firms. That might be changing.

South Korea
The Global 100: Rankings and Analysis of the World’s Biggest Firms

Top-grossing law firms saw slow and steady growth over the past year, with revenues and profits increasing. But challenges abound.

Russia
Russian Legal Market Shows Signs of Life as Two US Firms Tout Hires

By Chris Johnson |

After being somewhat of a Big Law wasteland in recent years, Moscow has regained some lost luster, as Baker Botts and Quinn Emanuel Urquhart & Sullivan both announced senior hires in the city this week.

United Kingdom
UK's First Publicly Listed Law Firm Makes Another Acquisition

By Chris Johnson |

The U.K.'s first publicly listed law firm has continued its post-IPO expansion, acquiring property consultancy Hamer Associates for $2.68 million.

Deutsche Bank Headquarters in Germany

Deutsche Bank Taps Two Big Firms to Resolve $14B DOJ Claim

By Julie Triedman |

Simpson Thacher & Bartlett and Latham & Watkins are said to be advising the German financial services giant as it copes with a reported $14 billion demand by U.S. regulators to pay for its role in the 2008 financial crisis.

Javier Rubinstein, Vice Chairman and Global General Counsel at PricewaterhouseCoopers International.

Ex-PwC GC and International Arbitration Expert Offers Tips for Companies

By Sue Reisinger |

The growth of international arbitration has lured the former global general counsel of PwC, Javier Rubinstein, back into private practice.

Hong Kong
Ashurst Partner Departures Continue, With Exits in London, Hong Kong, Abu Dhabi

By Rose Walker and Anna Zhang |

Ashurst has seen the departure of four more partners, including London banking heavyweight Nigel Ward and former Hong Kong managing partner Lina Lee.

Allen & Overy Plots More New York Expansion after Five-Partner Team Hire

By Rose Walker |

A&O is now out to prove that the hire of the team, some of whom it broke lockstep for, will be a turning point for the firm in the US and its global finance practice as it gives them more firepower to tackle foreign finance deals under New York law.

Rise Of The Machines Continues As Another Top Firm Signs AI Deal

By Chris Johnson |

Slaughter and May has been working with new tech company Luminance to help it develop artificial intelligence software designed to speed up the due diligence process.

Monsanto world headquarters complex in St. Louis, Mo.

Big Firms Round Up Roles on Bayer's Monsanto Megadeal

By Nell Gluckman |

About a half-dozen firms—including a new antitrust team at Paul Weiss—are advising on Bayer AG's proposed $66 billion acquisition of agribusiness giant Monsanto Co. The deal, if approved by regulators, would be the largest all-cash transaction in history.

John C. Coffee Jr.

Securities Litigation Goes Global

By John C. Coffee Jr. |

In his Corporate Securities column, John C. Coffee Jr. of Columbia Law School discusses the spread of "entrepreneurial litigation" to Europe, where major securities class actions have recently settled, and he writes that the most striking fact about those actions is the key organizational role in structuring them played by traditional American plaintiff law firms.

Dechert Offers Free Brexit Advice to AIG Policyholders

By Lizzy McLellan |

As part of a partnership announced Tuesday between Dechert and American International Group Inc., the firm will provide a free initial consultation to all AIG CorporateGuard clients regarding the impact of the United Kingdom’s departure from the European Union.

Vancouver, British Columbia

Vancouver Latest Locale for Norton Rose Fulbright's Expansion Plans

By Julie Triedman |

Norton Rose Fulbright, continuing its five-year expansion across Canada, will combine with Vancouver-based Bull, Housser & Tupper, both firms announced Monday.

U.K. Government Spends Quarter Million On Brexit Lawyers In Two Months. So What.

By Chris Johnson |

Continental Breakfast: Your Daily Update on What’s Happening in Europe.

United Kingdom
Dechert Offers Free Brexit Advice to AIG Policyholders

Dechert is planning to offer free legal advice to an entire segment of AIG policyholders on the impact of Brexit.

DOJ Gets First Guilty Plea in VW Emissions Probe

By Stephanie Forshee |

The U.S. Department of Justice has announced its first guilty plea in its probe of Volkswagen's scheme to cheat U.S. emissions tests.

Cisco Systems

Cisco Cleared on FCPA Claims, but Tax Probe Looms

By Sue Reisinger |

There was good and not so good legal news this week for Cisco Systems Inc.

Formula One 2010 Rd.3 Malaysian GP: opening lap. Wikimedia

Deal Watch: Freshfields Fuels Up With Racing, Software Sales

By Jennifer Henderson |

The London-based legal giant is advising Hewlett-Packard on the sale of its software business and CVC Capital Partners on the sale of Formula One racing.

European Commission in Brussels

Shearman & Sterling Brussels Partners Eye Move to Quinn Emanuel

By Rose Walker, Anna Ward and Julie Triedman |

The moves, if they take place, would leave just two partners in Shearman's Brussels office.

Biggest Ever U.K. Damages Claim Filed In Landmark Class Action

By Chris Johnson |

Continental Breakfast: Your Daily Update on What's Happening in Europe.

'A Poisoned Chalice': Candidates Emerge for U.K. Leadership Roles at King & Wood Mallesons

By Rose Walker |

As KWM's European partnership prepares to vote in replacements for William Boss and Stephen Kon, Legal Week takes a look at some of their likely successors.

U.K. Law Firm Profits Fall…And Next Year Is Unlikely To Be Any Better

By Chris Johnson |

Continental Breakfast: Your daily update on what’s happening in Europe.

UK Top 50 Firms Achieve Sixth Year of Revenue Growth as Partner Profits Stall

By Georgina Stanley |

Total revenue for the 50 highest-grossing British firms rose 4.5 percent. Translating that increase into bottom-line gains proved more difficult.

Bruce Sewell, Senior Vice President and General Counsel of Apple, Inc., testifies before the House Judiciary Committee during a hearing titled

Apple's GC Calls EU Tax Position 'Legal Mumbo Jumbo'

By Sue Reisinger |

Apple Inc. general counsel Bruce Sewell has joined the company's chief executive in speaking out against the European Commission's demand that Apple pay a staggering bill for back taxes of $14.5 billion.

Mayer Brown Launches Risk Assessment Tool to Quell Uncertainty Around Brexit Vote

By Gabrielle Orum Hernández |

The global firm announced this week the launch of a risk assessment tool and information hub for clients to identify potential regulatory concerns arising from the Brexit vote.

King & Wood Mallesons Senior Partner Kon Steps Down As Firm Kicks Off Dual Management Election

By Rose Walker |

Stephen Kon will remain at the firm as a partner; his replacement will be in position by late October

After Review, British Firm Slashes its New York Partnership

By Rose Walker |

London-based Mischon de Reya, which opened a New York office in 2010, is poised to halve the size of its partnership in the Big Apple. The decision comes after a review of the firm’s business.

Dentons' European Partners Asked to Cough Up More Capital

By Rose Walker |

Partners in continental Europe affiliated with Dentons are being asked to pay up to $7.8 million in extra capital to the global legal giant.

Apple Hires Top U.K. Law Firm To Deal With 'Political Crap'

By Chris Johnson |

When you're the head of a company with a market cap that's bigger than the GDP of Sweden, perhaps you don't need to worry about being diplomatic.

Haynes and Boone Closes Merger, Opens London Office

By Brenda Sapino Jeffreys |

Dallas-based Haynes and Boone merged today with Curtis Davis Garrard of London, giving the firm a London office and 20 lawyers.

U.S. Securities and Exchange Commission building in Washington, D.C.

AstraZeneca to Pay $5.5M to Settle FCPA Claims

By Sue Reisinger |

AstraZeneca agreed Tuesday to pay $5.5 million in penalties and interest to settle claims that it violated the Foreign Corrupt Practices Act through improper payments to health care providers in China and Russia.

Publicly Traded British Law Firm Sees Gross Revenue Growth

By James Booth |

Gateley, a British firm that last year raised $45 million in a landmark initial public offering, saw its gross revenue rise 11 percent in 2015-16, according to financial figures released by the firm.

Stade Velodrome in Marseille, home of soccer club Olympique Marseille.

After Dodgers Deal, McCourt Taps S&C for French Football Buy

By Jennifer Henderson |

Four years after helping Frank McCourt Jr. sell Major League Baseball's Los Angeles Dodgers for a record-setting sum, Sullivan & Cromwell has been hired by the real estate developer to advise on his roughly $45 million buy of historic French soccer team Olympique de Marseille.

ACEDS Launches Chapter in UK to Promote Cross-Border E-discovery Collaboration

By Ed Silverstein |

The launch of ACEDS's first international chapter comes as the organization eyes expansion across Canada and the APAC region.

Chris Johnson. May 10, 2016. Photo by David Woolfall. (FREELANCE - OK TO USE BY ALL ALM PUBLICATIONS)

Defying the Odds, a British Firm Thrives in the U.S.

By Chris Johnson |

British firm Clyde & Co has had surprising success in the U.S. legal market.

Google Faces New Challenge In Europe As EU Plans Levy On Search Engines

By Chris Johnson |

New rules would force online services such as Google News and Yahoo News to negotiate deals with news organizations for showing their articles.

Dealmaker: Macfarlanes' Jessica Adam on Major Mergers, Female Role Models and Client Drinking

London corporate partner Jessica Adam is this week’s Dealmaker, having acted for the chairman of London energy reporting agency Argus on the sale of a majority stake to US investor General Atlantic earlier this year.

Labour Party Leadership Contender Threatens To Block Brexit

By Chris Johnson |

Continental Breakfast: Your Daily Dispatch from Europe

Britain and EU flags

United Kingdom
Political Uncertainty Stalls Hunton & Williams' UK Tie-Up Talks

By James Booth |

Merger talks between Hunton & Williams and British firm Addleshaw Goddard have slowed following the U.K.'s June vote to leave the European Union.

Britain and EU flags

United Kingdom
Political Uncertainty Scuttles Hunton & Williams' UK Tie-Up Talks

By James Booth |

Merger talks between Hunton & Williams and British firm Addleshaw Goddard have stalled following the U.K.'s June vote to leave the European Union.

Slaughter and May Disputes Head Sees Continued Growth Post-Brexit

By Anna Ward |

"People will continue to litigate in London," says practice leader Deborah Finkler.

Baker & McKenzie offices in New York.

Baker & McKenzie Posts Big Gains in Revenue, Profits

By Anna Ward, Legal Week |

Despite uncertainty in key international markets, the firm saw an 8 percent revenue rise in 2015-16, as profits per equity partner surged 13 percent.

More London-based Partners Forced To Wait For Profits As Another Firm Delays Distributions

By Chris Johnson |

Continental Breakfast: Your Daily Dispatch from Europe