Linklaters and Freshfields Bruckhaus Deringer took the key roles on Singaporean sovereign wealth fund GIC’s acquisition of a stake in RAC. RAC’s current private equity house owner, Carlyle, is set to sell almost half of its shares in the roadside assistance group to the Singaporean fund. The deal will give both parties joint control over […]
Following the record-setting IPO of Alibaba, Jack Ma is now a global business icon. In China he has been a business titan for a much longer period of time. He is also one of the most gifted public speakers in the Chinese business community, so when he took the podium following Liu Chuanzhi of Lenovo […]
US firms indulge in London hiring binge, but Mayer Brown bucks the trend If the magic circle’s shrinking of its trainee intakes in recent years can be likened to a strict diet, then US firms’ offices in the capital have gone on something of a binge lately. Last week, Sullivan & Cromwell said it would […]
Freshfields is taking on corporate America as part of a wider mission – to become a leading player not in the magic circle but in the ‘international elite’
The self-belief of Freshfields managing partner David Aitman and corporate head Ed Braham is remarkable. The magic circle is irrelevant, say these magic circle partners; long live the international elite. Other firms, particularly Allen & Overy, often bang on about there being a premier division of global practices. Indeed, in The Lawyer’s futurology issue (September […]
There may be no such thing as a free Yorkie bar for Nestlé European GC Trevor Brown, but maintaining the brand’s reputation as a trusted provider of confections is fulfilling enough When you hear the word Nestlé, the first thing that springs to mind is a world of rainbow colours and all things sweet. But […]
Slow growth in the eurozone along with crises in the Middle East and Ukraine are beginning to be a drag on Norway’s richest sector – energy The country in possession of the world’s biggest sovereign wealth fund, spread among a population of just five million, is the subject of speculation by economists, who wonder when […]
The Information Commissioner’s Office has intensified its focus on lawyers with respect to data breaches, and mandatory breach notification is on the way Q: Are law firms a particular target for cyber attack? Ross McKean, data protection practice group leader, Olswang: Yes. UK law firms are a honeypot for hackers. You name it, we have it: […]
Move of the week Simmons & Simmons has expanded its financial markets practice in the UK with the appointment of Simon Thrower, who joined the firm as a partner. Thrower arrives from Ashurst, where he was a partner for 15 years and where he led the global banking team from 2009 to 2011. UK Orrick […]
We’re just reaching out to you today to blue-sky an idea: how would it be if we all cut out the ridiculous business speak now? Top of The Lawyer’s personal hate list: there seems to be a new trend for writing ‘I will revert to you’ in emails instead of ‘I will reply to you’. […]
The AA has hired Domino’s Pizza general counsel Mark Millar as its first general counsel, months after the motoring association became a listed company. Millar had been at Domino’s Pizza for over a year and a half as general counsel and company secretary. Prior to that, he worked at listed media company Future for 10 […]
DLA Piper has received two Americas Tax Awards from International Tax Review, a publication dedicated to international tax strategy. The firm was named 2014 International Law Firm of the Americas for the fifth consecutive year and Los Angeles Tax Firm of the Year for the second time in three years. The Americas Tax Awards recognise […]