Issues

merger

Olswang on merger hunt as 2Birds and Simmons targeted

Olswang is in the market for a merger, The Lawyer can reveal. Chief executive Paul Stevens is understood to have outlined plans for a potential merger at the partnership conference in January. Sources close to the firm said Olswang was “in talks” with a number of firms including Bird & Bird and Simmons & Simmons, […]

Paul Weiss and Sullivan lead as BPP owner Apollo goes private

Sullivan & Cromwell and Paul Weiss Rifkind Wharton & Garrison are leading on the sale of BPP University College owner Apollo Education to an investor consortium for $1.1bn (£760m). The all-US team from Sullivan & Cromwell acting for Apollo Education was led by New York partners Frank Aquila and Melissa Sawyer. Meanwhile, Paul Weiss Rifkind […]

Squire Patton Boggs ends Indonesian alliance

Squire Patton Boggs has ended its strategic alliance with Jakarta-based Melli Darsa & Co, just two years into the relationship. The alliance with the Indonesian firm was first established by legacy firm Squire Sanders in November 2013. The tie-up came a year after Squire Sanders launched an office in Singapore. The relationship was led by […]

Keystone and Devereux duo launch new insurance firm

Keystone Law consultant Stuart Hill and Devereux Chambers’ Colin Wynter QC have founded a new firm to handle claims for insurance policyholders. Former Hogan Lovells partner Hill joined Keystone as a consultant just this year, and has been busy representing the Libyan Investment Authority (LIA) chairman Hassan Bouhadi in the high-profile cases between the LIA, Goldman […]

dollars

McDermott’s revenue drops as PEP rises to $1.6m

McDermott Will & Emery’s global turnover dropped last year by nearly 1 per cent from $900m to $891.5m (£613.6m). Despite the slight drop in revenue, profit per equity partner nevertheless rose 3.3 per cent from $1.53m to $1.58m (£1.09m). Last year, McDermott saw its revenue grow just 2.2 per cent, as the firm’s total number […]

Hot 100 alumni: Chantal-Aimee Doerries QC, Atkin Chambers

Atkin Chambers’ Chantal-Aimée Doerries QC was named in the Hot 100 in 2008, the same year she held the impressive accolade of being the youngest woman to be made up to silk in that round. Since then her energy, infrastructure and shipping practice has gone from strength to strength as she has taken on weightier […]

Moves: 8 February 2016

DLA Piper has hired Latham & Watkins debt finance partner Andy Kolacki. Kolacki joined Latham as an associate from Freshfields Bruckhaus Deringer in 2005 and was promoted to partner four years later. He acts for lenders, private equity sponsors and borrowers in mainly cross-border transactions with a European and US focus.